Eddie Murphy revived a number of his iconic characters as host of this week's "Saturday Night Live," including his classic, too-real-for-PBS parody of "Mister Rogers' Neighborhood."

Although his gentle speech and cardigan sweaters mimic Mr. Rogers, Murphy's "Mister Robinson" has a slightly ... grittier lifestyle, constantly avoiding eviction and attempting small crimes. In Saturday's reboot, change had come to Mister Robinson's neighborhood courtesy of gentrification.

"I was gone for a bit, but now I'm alright. My neighbors was all black, but now they're white," Murphy sing-songs. "The white people came and changed everything, but I am still your neighbor."

"So much has changed since we last spent some time together," he explains. "My neighborhood has gone through so much. It's gone through something called gentrification. Can you say gentrification, boys and girls? It's like a magic trick. White people pay a lot of money and then poof, all the black people are gone."

Despite upheaval in the neighborhood ("Damien and Mika are my new neighbors. They paid $1.2 million for an apartment where Mr. Robinson's friend Frankie used to cook crack."), Mr. Robinson has managed to hang onto his squalid apartment.

"You're all probably wondering how Mr. Robinson can afford to live in this fancy neighborhood," he says. "Well, that's the word of the day: squatter's rights. It's like finder's keepers but for other people's houses."

The aforementioned Damien (Mikey Day) and Mika (Heidi Gardner) drop by to ask Mr. Robinson if he knows what happened to the HD TV they had delivered to the apartment complex. After denying any knowledge of the missing television, the camera pulls back to show both the TV and a huge pile of other Amazon packages sitting in the apartment.

It was Murphy's first time hosting the show since Dec. 1984, a few months after he left "Saturday Night Live" to focus on his movie career. He was just 19 years old when he joined the cast a few years before.