Miami’s Next Real Estate Crisis: Climate Gentrification

The Takeaway

Residents of Miami’s Little Haiti neighborhood say climate gentrification is already happening. The idea — developers looking to buy homes in mostly black, working-class communities to hedge their portfolios against threatened beachfront properties — is deeply concerning to community activists. Residents worry that the feverish interest in their community’s real estate will lead to a surge in prices, driving out longtime residents. More on this, plus a conversation with Robert F. Kennedy Jr. on the 50th anniversary of his father’s assassination; and we consider the removal of the swimsuit competition from the Miss America pageant with a former Miss America.

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