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Miami tops NYC as least affordable housing market after pandemic boom

Por: New York Post Business June 20, 2023

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The surge of transplants to Florida since the pandemic has caused prices to skyrocket, sapping the Sunshine State of its main draw: affordability. According to — which compares homeownership costs relative to income — Miami is now the least affordable housing market in the country. The median price for a home in Florida’s biggest city is $585,000. To be able to afford this, homeowners can expect to spend as much as 79.9% of their monthly... + full article



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