It's Complicated
There Goes the Neighborhood
WNYC Studios and KCRW
4.8 • 543 Ratings
🗓️ 20 April 2016
⏱️ 35 minutes
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| 0:00.0 | Previously, on There Goes the Neighborhood. |
| 0:04.0 | The fact that the real estate market is so profitable, has provided additional incentives for every type of scammer to come in and try and take advantage of it. |
| 0:22.8 | Now we're seeing some of the same predatory actors trying to get people who may not know |
| 0:28.7 | the full value of their homes to sign over their property for either less than the value or |
| 0:34.0 | unknowingly sign it over for nothing. Somebody's getting a million dollar property for nothing. |
| 0:40.3 | It just raises so many red flags. |
| 0:43.3 | You stole Granny House. This is Granny House. |
| 0:45.3 | Brandy ain't this? |
| 0:47.3 | I had one guy says, yeah, we heard your house is in foreclosure. |
| 0:51.3 | I'd be able to take it. I'll give you 50,000. |
| 0:53.3 | The guy's actually right checks. I'll be able to take it. I'll give you 50,000. These guys actually write checks. |
| 0:56.0 | They will invite themselves in your home and present themselves as your friend. |
| 1:01.9 | Sometimes it's very targeted when they see that there are homeowners who are facing foreclosure. |
| 1:07.1 | It seems that some people may have stolen it. |
| 1:14.6 | Thank you. It seems that some people may have stolen it. There goes to neighborhood. |
| 1:15.6 | There goes the neighborhood. |
| 1:16.6 | There goes the neighborhood. |
| 1:22.6 | I'm Kairite, and I'm an editor at the Nation magazine, |
| 1:25.6 | and this week my WNYC colleagues and I take a look at a whole different aspect of this gentrification thing. |
| 1:32.5 | Those of us for whom it's not such a bad thing. |
| 1:36.2 | It's funny though I was in a bodega recently and this woman was actually really given a gentrification rant and how, you know, people are the devil and all this kind of stuff and they shouldn't be in this neighborhood. And she could tell she was definitely a renter who's, you know, getting kicked out. That's Morgan Muncie, a longtime resident of Bed Stey, who owns a few properties there and who sells a great many of them as a real estate broker. Her friend was saying, I love it, you know, the more to marry her. |
| 2:02.6 | And she could tell her friend was the owner of a house, you know. |
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