Rental Crisis. $1,900 for a BED in Miami.

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Издатель Apr 12, 2024

There's a rental crisis occurring in Miami right now. Where the rent has gotten so high that apartments are now offering communal living. For $1,900/month PER BEDROOM.

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This is a signal of the worsening rental crisis in Miami, Florida. Where demand for apartments and rentals boomed so much during the pandemic that rents in Miami became more expensive than Los Angeles.

Now locals can no longer afford the rents. And are having to get 3-4 roommates in order to get by. Is this sustainable?
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