Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul

Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul


Key Points
  • Gentrification occurs when an area experiences a rapid rise in residents’ average incomes and rents. The typical outcome: The white population increases, and people of color are priced out.
  • Climate change is accelerating this dynamic in some parts of the U.S., a trend known as “climate gentrification.”
  • In Miami neighborhoods such as Allapattah, Liberty City, Little Haiti, Overtown and West Grove, longtime residents fear what comes next.



Source

Morgan Stanley picks this stock to play China’s emerging tourism trend
Finance

Morgan Stanley picks this stock to play China’s emerging tourism trend

Source

Read More
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]

Read More
This under-the-radar ETF trend may be flashing a warning signal for the market
Finance

This under-the-radar ETF trend may be flashing a warning signal for the market

ETF Edge This under-the-radar ETF trend may be flashing a warning signal for the market Published Sat, Aug 23 202511:00 AM EDT Anna Gleason@anna_gle WATCH LIVE Source

Read More