As foreigners move in, Miami real estate is so expensive that locals are moving out
MARCH 23, 2017 7:53 PM
Miami real estate is so expensive that locals are moving out
BY ANDRES VIGLUCCI AND NICHOLAS NEHAMAS
aviglucci@miamiherald.com
For decades, Americans looking to retire or to get a fresh start have fueled massive population growth in South Florida. But that long-standing trend might be coming to an end, according to new Census estimates analyzed by university researchers in Miami.
And sky-high housing costs are likely to blame.
That doesn’t mean growth for the sprawling region is stalling. The Miami-Fort Lauderdale-West Palm Beach megalopolis has been one of the 10 fastest-growing metro areas in the country by sheer numbers since the last full Census in 2010, outstripping the Los Angeles,
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