phoenix: RESIDENTS LEAVING TOP MARKETS FOR MORE AFFORDABLE SECONDARY MARKETS
- 11/15/18 01:34 PM
Just as we’ve discussed in recent reports, a lack of affordable housing, rising rents and costs of living are pushing people to secondary cities as alternative places to live. The issue of affordable housing does not just affect lower-level income groups. Residents classified as middle-income are also increasingly finding it more difficult to survive in major cities and that includes our city of Miami. This trend of relocating in search of more affordability has led to new ‘boomtowns,’– cities where the cost of living is generally more affordable… for now. According to Investopedia, topping the list of the most unaffordable large U.S. cities are … (0 comments)
Just as we’ve discussed in recent reports, a lack of affordable housing, rising rents and costs of living are pushing people to secondary cities as alternative places to live. The issue of affordable housing does not just affect lower-level income groups. Residents classified as middle-income are also increasingly finding it more difficult to survive in major cities and that includes our city of Miami. This trend of relocating in search of more affordability has led to new ‘boomtowns,’– cities where the cost of living is generally more affordable… for now.
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