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Little Haiti residents forced from home again as climate change upends Miami real estate
CBS "News" ^ | March 23, 2020 | By TAYLOR MOONEY

Posted on 03/23/2020 5:57:30 AM PDT by Oldeconomybuyer

Louis Rosemont called Miami's Little Haiti neighborhood home for almost 40 years. He was part of one of the first waves of immigrants to build the community after fleeing a violent dictatorship in his homeland. But he has recently found himself exiled again — priced out of his home by rising rents as climate change rearranges the Miami real estate market.

Little Haiti is a historically low-income neighborhood that sits inland, on land at double the elevation of wealthier neighborhoods along the beachfront. In Miami, a city often considered ground zero for the impacts of climate change, sea level rise and frequent flooding are threatening the homes of more affluent residents near the beach. As a result, well-off families are increasingly opting to move to higher ground, and developers are encroaching on low-income and immigrant communities farther inland to meet the need. That's driving up rents, making the neighborhoods unaffordable to those who've lived there for years.

The phenomenon is known as climate gentrification, and its impact is deeply felt in Miami's immigrant populations. Many, like Louis Rosemont, settled here seeking stability and safety, but are now finding their stability threatened once again.

As more low-income residents move out and wealthier residents move in to areas like this across the country, some community organizations and activists are coming up with initiatives to try to fight it.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections; US: Florida
KEYWORDS: babyboomers; florida; globalwarming; haiti; hoax; miami; propaganda; socialism
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To: Oldeconomybuyer
climate gentrification???????? And all this time i just thought it was erosion caused by the wave action in conjunction with the tides.
21 posted on 03/23/2020 6:51:38 AM PDT by crazyhorse691 (Who knew that an elected official is a demi-god waiting to happen?)
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To: Oldeconomybuyer

I hear that that violent dictatorship in Haiti is no more. Rents are quite reasonable as well. Time for them to move back home perhaps.


22 posted on 03/23/2020 7:04:17 AM PDT by Moltke (Reasoning with a liberal is like watering a rock in the hope to grow a building.)
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To: goldstategop

Yep, I know.

The article blames the gentrification on climate change.

I suppose I should start using the /s tag.


23 posted on 03/23/2020 7:04:43 AM PDT by MV=PY (The Magic Question: Who's paying for it?)
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To: Oldeconomybuyer

These propagandists have absolutely no shame!


24 posted on 03/23/2020 7:26:43 AM PDT by aquila48 (Do not let them make you care!)
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To: Da Coyote

As people flee NY and NJ to Florida, home prices are rising and rentals are disappearing. I just hope the Libtards don’t vote to make Florida into Manhattan South.


25 posted on 03/23/2020 8:03:44 AM PDT by Waverunner (I'd like to welcome our new overlords, say hello to my little friend)
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To: Oldeconomybuyer

Does this mean I can get a deal on beachfront property in Miami?


26 posted on 03/23/2020 8:04:09 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
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To: Oldeconomybuyer
The phenomenon is known as climate gentrification, and its impact is deeply felt in Miami's immigrant populations. Many, like Louis Rosemont, settled here seeking stability and safety, but are now finding their stability threatened once again.

As more low-income residents move out and wealthier residents move in to areas like this across the country, some community organizations and activists are coming up with initiatives to try to fight it.

"Climate Gentrification"?

This is normal gentrification.

The land isn't losing value because of climate change. It's increasing in value and desirability as people buy up properties.

It would be "Climate Gentrification" if the homes were being swallowed up by rising sea levels and the property was under water and unusable which isn't happening.

27 posted on 03/23/2020 8:18:52 AM PDT by yesthatjallen
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To: Oldeconomybuyer
"as climate change rearranges the Miami real estate market"

Only to the extent that people react to garbage information.

28 posted on 03/23/2020 8:36:04 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: Oldeconomybuyer

Right it’s a bunch of BS! Too many people in an area of little housing and it’s the same thing that happened in Prospect park, park slope and harlem! People with $$$ offering people with little $$$ big $$$ to sell their homes.


29 posted on 03/23/2020 9:30:37 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: Oldeconomybuyer

OK, what part of Dade county went underwater? Give me addresses, streets, I really want to know.


30 posted on 03/23/2020 9:01:52 PM PDT by beef (Caution: Potential Sarcasm - Process Accordingly)
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