Grappling with growing issues around affordability, safety, and intense development, here’s a snapshot of the top challenges highlighting the region’s housing struggles.

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Additionally, it led the nation in net international migration, gaining 123,835 people from abroad.

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The new High Impact Film Fund program includes annual incentives of up to $10 million.

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Miami’s office sector saw the greatest dropoff, registering just $6 million in sales in the first quarter of 2023, compared with $226 million in 2022, a 97 percent decrease.

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Between August 2021 and July 2022, foreigners invested US$6.8 billion in the purchase of properties in Miami Dade, which implies an increase of 34% compared to the previous twelve months.

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Premiums for commercial insurance at the end of 2022 in places like Texas, Florida and California jumped 30% to 50% or more, according to the institute.

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There is evidence that electric vehicles and EV charging stations are significantly impacting real estate in terms of property values, spurring higher rental and resale values.

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The area is among the most sensitive, long seen as a key link to restoring the Everglades and fending off sea rise.

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This volatility has led some contractors to order and pre-pay for materials earlier than they usually would, tying more money into projects up front.