Why are we miserable in Miami? We pay high rent and our homes can be hot
Miami residents struggle as rising rents make it the most cost-burdened metro area in the U.S., with many people spending half their income on housing.
New laws and strict mortgage requirements, like Fannie Mae’s growing condo blacklist, have made it harder to buy, sell, or repair homes, leaving both renters and owners with few good options.
Extreme heat only adds to the hardship, with some families unable to afford to run or fix their air conditioning even as temperatures inside their homes exceed those outdoors. Families often cut food, medicine, or car repairs just to cover rent or rising energy bills…