Miami’s real estate market squeezing out local renters

• January 31, 2023

Real Estate - Miami In News originally published at Real Estate - Miami In News

During the pandemic, South Florida became an idyllic escape for many Americans.

New Yorkers moved down. Wealthy South Americans purchased second homes in the Sunshine State.

Now the real estate market is squeezing the locals, especially renters — where new research shows it’s set to become the most unaffordable place for them to live in the entire country.

CGTN’s Nitza Soledad Perez reports.

The post Miami’s real estate market squeezing out local renters first appeared on Miami In News.

Real Estate - Miami In News originally published at Real Estate - Miami In News

During the pandemic, South Florida became an idyllic escape for many Americans. New Yorkers moved down. Wealthy South Americans purchased second homes in the Sunshine State. Now the real estate market is squeezing the locals, especially renters — where new research shows it’s set to become the most unaffordable place for them to live in […]

The post Miami’s real estate market squeezing out local renters first appeared on Miami In News.