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2021.09.30 06:13 GMT+8

Miami’s real estate market squeezing out local renters

Updated 2021.09.30 06:13 GMT+8
Nitza Soledad Perez

During the pandemic, South Florida became an idyllic escape for many Americans.

New Yorkers move​d down. Wealthy South Americans purchased second home​s in the Sunshine State.

Now the real estate market is squeezing the locals, especially renters, where new research shows it's set to become the most unaffordable place for them to live in the ​entire country.

CGTN’s Nitza Soledad Perez reports.

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