Miami's Housing Shortage Hits Affordability: Codina
Market Intelligence Analysis
AI-PoweredMiami's housing shortage is exacerbating affordability issues, with demand outpacing supply, and a proposed property tax elimination on owner-occupied homes may further burden renters.
Market impact analysis based on bearish sentiment with 81% confidence.
Article Context
Codina Partners CEO Ana-Marie Codina says South Florida faces a growing affordability problem as housing demand outstrips supply and a proposal by Governor Ron DeSantis to eliminate property taxes on owner-occupied homes risks worsening the burden on renters. She spoke to Bloomberg's Dani Burger at a Bloomberg New Voices event in Miami. (Source: Bloomberg)
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