Renters in South Florida spend too much on housing

October 1, 2015 10:24 PM

28 0

One in three South Florida renters spend at least half of their income on housing, making them “severely cost burdened,” according to a study released Thursday.

That makes Miami-Dade, Broward and Palm Beach counties the least affordable housing market in Florida, which itself is the least affordable state for renters in the U.S., the study found.

Also read: Mid-market sales still strong, but overall home sales in South Florida struggle

Read more

To category page

Loading...