Gentrification in its various forms is about place and more precisely place competition or place appropriation between classes. In this chapter it is argued that the choice of a place of residence is a strategic decision that enables individuals or households to gain locational advantages that are crucial in negotiating and mastering the spatial aspects of everyday life. The term ‘spatial capital’ has been used to conceptualise these locational advantages, revealing them to be an additional form of class-led appropriation of urban resources. The conceptualisation of spatial capital allows for the opportunity to re-read gentrification through the lenses of mobility. In this chapter the gentrification studies literature is read using spatial capital as a guiding thread and the concept of spatial capital is broadened by extending the lens of analysis to the planetary scale.