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:
Presented by Miami Business Attorney