BuisnessInsider, April 9, 2024, Miami Shows How A New Kind Of Gentrification Is Coming To US Cities
The climate crisis has made living in many of the city’s low-lying waterfront neighborhoods increasingly perilous despite their desirable ocean views and proximity to the beach.
Some of the city’s lower-income communities are farther inland and on higher ground than the traditionally ritzier areas. This makes them safer from rising sea levels but more at risk of “climate gentrification” as Miami’s wealthier residents start snapping up land and homes in less flood-prone areas.
