Miami Least Affordable City

Post on April 17, 2015 by The Victoria Law Group 0 Comments

If you live here, it’s not exactly a secret.  Miami ain’t cheap!  Some people call it paradise, and paradise comes with a price.  The two biggest consumers of your monthly income?: Cribs and Whips, to use the vernacular.  Housing and Transportation costs consume 72 percent of the income of moderate income households in Miami-the heaviest cost burden of any large U.S. city, according to a study by the Center for Housing Policy.  Combined with the news that housing prices continue to creep up, it makes you wonder if we could do with a little less paradise.

Read Martha Brannigan’s Miami Herald article here:

http://hrld.us/XyS86l

Presented by Miami Business Attorney

Filed Under: Latin America