Miami-Dade’s affordable housing gap grows to 118K units, even as low-income earners flee
Miami has been losing residents priced out of the skyrocketing cost of living, including much higher rents — yet its need for affordable rentals has only deepened. Miami-Dade County is short 118,000 apartments for households earning up to 80 percent of the area median income, according to a new study by the University of Florida Shimberg Center Center for Housing Studies and housing nonprofit Miami Homes For All. At the county’s median income of $89,800, a one person household earning 80 percent of the AMI has an income of $76,320 and a two-person household has an income of $87,200. The […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Jupiter mansion sells for $35M as buyer levels up in Admirals Cove

Lennar’s land bank spinoff Millrose bought 1,200 single-family rentals

Cash4Keys principals, United Realty agent accused of stealing elderly man’s house, dumping him in Miami Gardens

Southwest Ranches estate once owned by Mexican pop icon Juan Gabriel hits market for $39M

Palm Beach’s “Ham and Cheese House” finds buyer at $105M

Estates at Acqualina penthouse with private pool lands $40M contract

“They’re getting hammered”: Fisher Island Club fee dispute escalates into $5M class action after community association sues members

The Witching Hour: 15 Times a Broom Doubled as Decor, from the Archives

Remodelista Reconnaissance: Back-of-the-Seat Book Boxes at Cremer in London
GET MORE INFORMATION

Allison Kennedy
Luxury Real Estate Agent License ID: SL3316731
Luxury Real Estate Agent License ID: SL3316731

