There are several pros and cons to consider when purchasing real estate in Philadelphia, Pennsylvania:

Pros:
1. Affordable real estate: Philadelphia is a relatively affordable city compared to other major markets on the East Coast.
2. Historical and cultural attractions: Philadelphia is home to numerous landmarks, museums, and monuments.
3. Vibrant neighborhoods: Philadelphia's many neighborhoods each have their own unique character and offer a diverse and eclectic urban experience.
4. Transit-friendly city: Philadelphia has an extensive transit system which makes it easy to access different parts of the city.

Cons:
1. High property taxes: Philadelphia has some of the highest property taxes in the country, which could make homeownership more expensive.
2. Crime: Philadelphia has a higher crime rate than some other major East Coast cities.
3. Poor public school system: The public school system in Philadelphia is often criticized for its poor performance and lack of resources.
4. Aging housing stock: Philadelphia is an old city, and many of its homes are older and may require additional maintenance and upkeep.

Consider these factors carefully when deciding whether Philadelphia is the right place for you to purchase real estate.