Florida faces a housing crisis with evictions and high prices

Florida residents are involved in a housing crisis due to their prices and the constant evictions they suffer, according to EFE.
Salaries are no longer enough to pay for housing in Miami, which has become the least affordable real estate market in the United States, worse even than New York. To be a landlord, you have to allocate 78,7% of your income to that end and with rents skyrocketing, evictions do not stop.

But this situation goes beyond Miami and affects a large part of Floridians who want to buy or rent a home.
So much so, that this week neighbors protested again in front of the St. Petersburg City Hall to request that a state of housing emergency be declared due to the escalation of prices in this city on the coast of the Gulf of Mexico.
A clear example of the situation in Florida is that of Nicolás Avedano. This computer scientist almost two years ago had to return to his parents' house because he couldn't find anything that fit his budget in Miami.
Although he acknowledges that it was "difficult" to make the decision to return, given his 38 years, he is aware that there are many people who do not have that possibility and "stay on the street or at friends' houses, in an armchair or something," he explained. to EFE.

Is Miami the most expensive city?
Although it is a general problem in Florida, the worst is lived in Miami, which surpassed Los Angeles in October 2021 and New York this February as the most expensive city in the country in relation to income, according to a study to the 100 most populated cities made by the RealtyHop real estate portal.
The coronavirus pandemic caused thousands of people from northwestern states to move to Florida due to its better climate and lower tax burdens, to which must be added the continuous arrival of foreign investors.
Evictions
Neighboring cities to Miami, such as Hialeah, whose population is 95% Latino, also suffer from the problem of evictions.
Source: EFE and El Nacional.

Miami Daily
Author: Emery Barreto 7:03 am

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