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- Miami's real estate market is feeling the effects of the climate crisis and a growing population.
- Wealthier residents are moving to higher ground, putting pressure on lower-income communities.
- A general lack of affordable housing is also hurting Miami's growing low-income and immigrant communities.
Miami has one of the hottest real estate markets in the country. A flood of transplants over the last several years has pushed home prices and rents ever higher in the South Florida metropolis, making it harder for lower-income Floridians to afford the city.