Will rents in Miami be able to keep pace with the nosebleed-inducing rise in the underlying price of residential real estate? Or will the dynamics of supply and demand, as well as stagnant wage growth temper an overheated market?
Knowing the answer to those questions is key to those buying and selling residential real estate. In an attempt to get answers, researchers have been hard at work figuring out the dynamics of the rental market in Miami. As two reports released last week show, more data sometimes bring more questions.
