The laws of supply and demand apply equally to real estate and reality television. In a marketplace saturated with options -- Kardashians, Real Housewives of Anyplace, etc. -- the value of each individual property is diminished.
So how can Million Dollar Listing Miami, Bravo's spin-off of its similar series in Los Angeles and New York that premiered last night, gain a devoted audience in the ever expanding, increasingly exploitative reality TV landscape?
Two words: naked ass.
See also: Million Dollar Listing Miami's Chris Leavitt: "My Guilty Pleasure Is Leaving Miami"