Miami’s Prosperity Squeezed: House-Poor Residents Face Crisis as Wealthy Influx Drives Up Costs
The Miami Housing Crisis is profoundly impacting residents, with many spending a shocking 40% of their income on shelter. This figure far exceeds the national average and expert recommendations, pushing numerous Miamians into becoming “house-poor” and leaving little for other essential needs. The Miami Housing Crisis is a defining challenge for the region, affecting households…
