The pandemic rush to Miami has made it the most unaffordable housing market in the country
By Chava Gourarie | Commercial Observer
The pandemic rush to Miami has made it the most unaffordable housing market in the country.
Long before anyone had ever heard of COVID-19, Miami’s affordability problem had been getting worse each year since the Great Recession. Whereas affordability rebounded after the crash in many cities, Miami’s home prices and rents continued to rise out of sync with employment or income. READ ARTICLE