Housing Leadership Council

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Florida rent increases top of the nation with no quick fix in sight

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By: Kimberly Miller | Palm Beach Post

Crushing rent increases put eight Florida regions, including Palm Beach County, into the top 10 nationwide for priciest hikes since last year, leaving Sunshine State residents and businesses in a housing bind with no quick fixes.

An April review by Florida Atlantic University of 107 major real estate markets lists Fort Myers as having the top rental cost surge at 32.4% compared with the same time in 2021. Southeast Florida — Palm Beach, Broward and Miami-Dade counties — was a close runner up with a 31.7% increase.

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‘There’s no more room in Florida’ says mom who blames high prices on newcomers.

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By: Kimberly Miller | Palm Beach Post

Young adults and low-wage workers aren’t the only ones suffering from soaring rents as middle-age and middle-income Floridians also face downsizing homes and lifestyles that they spent, in some cases, decades attaining. READ ARTICLE

Photo by Thomas Cordy | Palm Beach Post

What’s Being Done About Miami’s Housing Crisis?

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The pandemic rush to Miami has made it the most unaffordable housing market in the country

By Chava Gourarie | Commercial Observer

The pandemic rush to Miami has made it the most unaffordable housing market in the country.

Long before anyone had ever heard of COVID-19, Miami’s affordability problem had been getting worse each year since the Great Recession. Whereas affordability rebounded after the crash in many cities, Miami’s home prices and rents continued to rise out of sync with employment or income. READ ARTICLE

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