March 1, 2015


High Cost of Housing

| 1/1/2006
Housing costs are rising far faster than income, creating an alarming affordability crisis in America, reports the Center for Housing Policy in its study "Paycheck to Paycheck: Wages and the Cost of Housing in America." Housing costs in southeast Florida:

Market 2005 Median Home Price 1-Bedroom Rent
Fort Lauderdale $210,000 $830/Month
West Palm Beach $245,000 $761/Month
Miami $225,000 $775/Month

Source: Center for Housing Policy

For more information:

Tags: Southeast, Housing/Construction

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Gov Scott has proposed to increase funding to education, and half of those monies will come from property taxes. The debate is: A) is Scott's proposal a tax? Or, B) is Scott just using new monies that would come in because property values are increasing?

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