Neisen Kasdin, Akerman Miami Office Managing Partner and former mayor of Miami Beach, shared his point of view on the benefits of gentrification in an article for the Miami Herald.
In an article titled, “My view: Gentrification is good,” Kasdin elaborated, “The benefits of gentrification, the process of repairing and rebuilding deteriorated neighborhoods, are often lost in the misunderstandings and negative connotations surrounding the term.
Gentrification is good.
The opposite of gentrification is stagnation and decline.
Opposition to gentrification is based in part on a genuine concern for the impacts of revitalization on the most vulnerable in society, but also on a failure to understand, or willful denial, of the facts and history of neighborhood decline and benefits of revitalization. Recognizing the important role gentrification plays starts with understanding the dynamics and history of urban evolution.”