Report: South Florida among least affordable housing markets

April 7, 2015 8:15 PM

64 0

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.

Also read: Brother of suspected Florida shooter arrested at high school

Read more

To category page