Miami’s Condo Market Is Plummeting

It’s really difficult to be the bearer of more bad news this week. Progressives have woken up every day this week in a state of panic, crawling out of bed to check their news feeds, only to get the wind knocked out of them upon reading President Trump’s newest slate of racist executive orders that seem all but designed to stir global unrest and disaster.

Miamians Spend Nation’s Highest Share of Income on Rent, Census Data Shows

Miamians adore Moonlight, the Barry Jenkins-directed paean to growing up poor, black, and gay in the Liberty City projects, because it truly gets Miami. Take a scene near the end, when the main character, Chiron, drives his long-lost love interest, Kevin, down Biscayne Boulevard and Kevin mentions he doesn’t have a car. Chiron is aghast — life without a car in Miami must be hell, he opines.

Study: Little Haiti Will Gentrify Faster Than Any South Florida Neighborhood in 2017

A little more than a year ago, activist Marleine Bastien stood outside on a clear December day, waving signs in front of the headquarters of Fanm Ayisyen nan Miyami, her Little Haiti-based women’s rights organization. The group was demanding one thing from the City of Miami: Slow the rapidly snowballing pace of gentrification in the historically working-class Caribbean neighborhood.

Study: Miami Is a Bleak, Heartless Wasteland Where No One Cares About You

Hey there, newcomer! ¡Bienvenido a Miami! Our beaches are a year-round paradise, and our water is tranquil. Ibiza trembles with envy at our clubs. Anthony Bourdain lies awake at night, tormented by the sheer power of our restaurant scene. Everyone is attractive as hell. Oh, and also literally no one here cares about anyone else. Probably should mention that part too!

Massive 28-Story Apartment Complex Proposed in Little Haiti UPDATED

Land developers are all but salivating to sink their teeth into the rich, fatty, unblemished flesh that is Little Haiti real estate. The Wynwood gentrification fight is over — the only people who can afford land there now are the sort who maintain Cayman Islands bank accounts, and scores of tall luxury apartments are headed to that neighborhood.

Miami Beach Might Crack Down Harder on Airbnb, Spend Fines on Affordable Housing

Miami Beach — a paradise for both tourists and the people who cater to tourists — remains one of the most repressive cities in America when it comes to room-sharing. In most of the city’s residential zones, short-term rentals have long been illegal. Lately, the city has dropped the hammer on Airbnb users, jacking up fines to $20,000 a pop this year. The city has levied more than $3.2 million in fines since March.

LAB Miami Co-Working Space Sues Wynwood Lab for Copying Name

If you’ve spent any time with out-of-towners during Art Basel, you’ve probably sighed deeply as they referred to Wynwood as “Miami’s Brooklyn.” At this point, “Brooklynization” is a worldwide scourge: Whether you travel to Miami, Portland, Paris, or Istanbul, you’ll see the same “third-wave” coffee locations, 1920s-style speakeasies, and twee childcare facilities full of parents in beanie hats. Hipster creativity is dead.

Miami Has the Most “Cost-Burdened” Renters in America, Study Says

Two things Miamians are tired of: Paying exorbitant amounts of money for rent, and hearing New Times complain about it. Nary a week goes by without some real-estate analyst looking at our housing prices and collapsing with an aneurysm. This week, the analysts turned their attention to Miami’s renters — and the…

Five Reasons Regular People Can’t Afford Miami Real Estate

Could another real-estate crash hit Miami sometime soon? Some analysts think think so. More than 3,000 condo units became available in the past few years, and a mind-blowing 11,000 are set to hit the market within the next two years. Miami’s housing market took a beating in the past three…

Study: Nobody Wants to Live in Miami, Including Miamians

Perhaps the most cliche thing you can do in this town is stick your head through a hotel-room window or luxury-car sunroof and scream something dumb, like “I love Miami!” or “Here’s to the life!” into the warm night air. It’s pretty much a rite of passage in South Beach, and…