‘In an elegant and careful theoretical analysis, this book demonstrates how gentrification is always entwined with institutions and distinctive contextual processes. Matthias Bernt develops a new concept, the “commodification gap”, which is tested in three richly researched cases. With this, the concept of gentrification becomes a multiplicity and the possibility of conversations across different urban contexts is expanded. A richly rewarding read!’Jennifer Robinson, Professor of Human Geography, University College London, UK‘Urban studies has reached a stalemate of universalism versus particularism. Matthias Bernt is breaking out of this deadlock by being very precise about what exactly is universal and what is not – and how one can conceptualize both. The Commodity Gap is a key contribution to not only gentrification studies, but also to comparative urbanism and urban studies at large.’Manuel B. Aalbers, Division of Geography & Tourism, KU Leuven, Belgium