The Weekly Dirt: Does Miami real estate have its head in the sand?
Developers and brokers are bullish on South Florida. Talk of a recession is unwarranted, they say. What about a housing bubble? Also unlikely. Miami’s perpetual optimism helps mask some of the issues that we’ve been reporting on. In The Real Deal’s cover story, I took a macro look at the real estate market in South Florida and the red flags that may be clouding the region’s future. A lot is going well, and an abundance of industry pundits are available to speak to that. The wealth migration continues, and construction crews are showing up to work every day. But many […]This article originally appeared on The Real Deal. Click here to read the full story.
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