Listen "The NYC Report, New Miami Office Overload and The Tea on Rent Declines "
Episode Synopsis
Send us a textWhat if I told you Miami is now the second most valuable real estate market in the US, and a significant migration of wealth and talent is heading that way from New York and California? This episode is a deep-dive into the seismic shift rocking the real estate market; we explore a groundbreaking property proposed in Miami, and an incredible shift away from pre-internet capitals. We'll touch on the complexities of the housing market, from trends in transaction volumes to the fiscal implications of high-value property sales. From the tantalizing allure of Miami's impressively low industrial vacancy rates to its transit recovery rate (the country's highest), we're taking you on a journey through the data driving this trend. We'll consider why remote work is fueling a boom in cities like Miami, with a reverse downtown trend thriving during the pandemic. This episode offers a peek into the rapid development of office buildings and what this speaks about the future of the real estate market. We'll show you how the landscape of this bustling city is being altered, with new spaces changing the face of areas like Edge Water, Midtown, and Brickell.But it's not all about the high-end market; we also delve into the realities of affordable housing in Miami. From examining Q3 numbers to discussing the competition between landlords and tenants, we're pulling back the curtain on some hard truths. We consider how the city is addressing the affordable housing challenge and how new projects are reshaping neighborhoods. Fasten your seatbelt for an enlightening round-up of the latest trends and insights in the world of real estate. This episode is a must-listen for anyone interested in understanding the economic and societal forces shaping the future of our cities.
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