It’s not your imagination — it’s harder to find affordable housing in South Florida than it is in almost any other big city in the U.S.
In 2015, a person making the median annual income in the Miami - Fort Lauderdale - West Palm Beach corridor ($49,121) would pay 42.2 percent of their wages every year for a typical 30-year mortgage.
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech11
01:03 Sterling slides to three-month lows on 'hard Brexit' fears10
22:15 Sterling skids on Brexit anxiety; investors hope for Donald Trump clarity12
15:04 Hoping to save a 20 percent down payment? It's a big chunk of change14