CBSN Originals Season 5 Episode 5 Rising Tide: Priced Out In Miami

As sea levels rise due to climate change, Miami is becoming one of the most vulnerable cities in America. With more than $300 billion in assets at risk, the city is struggling to keep pace with its fast-rising tide and the potential devastation that could result. The effects of this “climate gentrification” have hit hard for local residents who are priced out of their homes in areas that are less prone to flooding and erosion.

In this CBSN Originals episode, “Rising Tide: Priced Out in Miami,” correspondent Adam Yamaguchi explores how rising sea levels and a booming real estate market are displacing long-time residents from their homes in Miami’s Little Haiti neighborhood. The episode sheds a light on how a perfect storm of gentrification, climate change, and real estate speculation are creating a market frenzy that is pushing housing prices out of reach for many people in Miami.

Through interviews with experts, activists, and local residents, the episode shows how Miami’s housing and climate crises are interconnected, as developers and investors capitalize on the vulnerability of Miami’s poorer neighborhoods. Residents of Little Haiti, who have long endured neglect and disinvestment, are now being forced out by developers who are buying up land and rapidly building luxury condos and apartment buildings.

“Rising Tide: Priced Out in Miami,” shows the human cost of climate gentrification, as people are uprooted from their homes and forced to move to areas that are more vulnerable to flooding and other hazards. It also highlights the challenges that policymakers and city officials face as they try to balance the need for economic growth and development with the need to protect vulnerable populations from the impacts of climate change.

The episode is a sobering reminder that the climate crisis is not just an environmental issue, but a social and economic one as well. As more and more communities around the world begin to feel the effects of rising sea levels, it’s clear that the most vulnerable among us will be the hardest hit.