March 3, 2015

Housing

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: nhc.org/housing

Tags: Southeast, Housing/Construction

Also on FloridaTrend.com

Most Read Articles

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Construction picks back up, but it's different now
In the past four years, hundreds of thousands of workers have returned to construction, making it among the fastest growing job sectors.
Sales and Marketing Advice
Event Marketing: What it is, and why your business needs it
Do you use marketing to get the word out on your events -- or do use events as a marketing strategy? There’s a big difference.

Hispanic entrepreneurs surging in central Florida

Opportunities for Hispanics have grown in Central Florida as more make their way to the region and move beyond traditional businesses such as restaurants.

From Earhart to airlines, South Florida an aviation pioneer

Aviation took off with the first powered flight at Kitty Hawk, N.C., in 1903 – and within a decade was making its mark on South Florida.

Small Business Advice
Looking at why a customer left can be healthy

Looking at the customers you have lost is one of the best ways to measure how effective or ineffective your customer service is.

Florida Trend Video Pick

Brevard man finalist for one-way trip to Mars

Brevard man finalist for one-way trip to Mars

Brevard man finalist for one-way trip to Mars

A Merritt Island man has advanced to the final round of 100 candidates vying to be selected as astronauts by the Mars One Foundation, which wants to establish a human settlement on the Red Planet in the next decade.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Is this the year Florida's legislature will accept billions of dollars in Medicaid expansion?