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For some segments of the population - especially residents born in the U.S. - that growth has actually reversed to a decline."}],"\n",["$","h2",null,{"className":"\n \n HeadingText-module-scss-module__CpaMsW__headingText\n HeadingText-module-scss-module__CpaMsW__left\n HeadingText-module-scss-module__CpaMsW__h2\n HeadingText-module-scss-module__CpaMsW__montserrat\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","id":"migratory-patterns","children":["$","strong",null,{"children":"Migratory Patterns"}]}],"\n",["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":["International migration into Florida is still robust, according to data compiled by ","$L15"," from the Florida International University Metropolitan Census. 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Experts tend to agree that much of the problem is due to the lack of affordable housing in the area."}] 17:["$","h2",null,{"className":"\n \n HeadingText-module-scss-module__CpaMsW__headingText\n HeadingText-module-scss-module__CpaMsW__left\n HeadingText-module-scss-module__CpaMsW__h2\n HeadingText-module-scss-module__CpaMsW__montserrat\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","id":"housing-market","children":["$","strong",null,{"children":"Housing Market"}]}] 18:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"There are several factors that should be carefully examined when discussing the housing market in the Miami area. The cost of housing, average income, and the gap between the two."}] 19:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":["Housing in Miami is well above the national average: ",["$","a",null,{"href":"https://www.census.gov/quickfacts/table/PST045216/12086,00","target":"_blank","rel":"noopener noreferrer","children":"Statistics"}]," from the United States Census Bureau show the median value of owner-occupied homes in the Miami-Dade area is $203,300, compared with a national median of $178,600. The median monthly cost is about $1,690, while the national median is $1,492. Median rent in the area is $1,112, compared to a national median of $928."]}] 1a:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"But income in Miami is nearly 20% lower than the national median, or $43,129 versus $53,889. 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But this hasn't happened, making it difficult for current residents to remain living in the area."}] 1d:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"Instead, housing prices have continued to rise, in large part as a result of foreign investors buying up a lot of available property."}] 1e:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":["A recent ",["$","a",null,{"href":"http://www.floridatrend.com/public/userfiles/news/pdfs/Florida-A-Destination-for-Global-Capital.pdf","target":"_blank","rel":"noopener noreferrer","children":"analysis"}]," released by CBRE highlighted the appeal of the state and the Miami area specifically. 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While there hasn't been a direct hit to the Miami area since the devastating landfall of ",["$","a",null,{"href":"http://www.nhc.noaa.gov/1992andrew.html","target":"_blank","rel":"noopener noreferrer","children":"Hurricane Andrew"}]," in 1992, the area still has high insurance premiums and some of the most expensive building costs in the nation due to strict construction regulations."]}] 21:["$","h2",null,{"className":"\n \n HeadingText-module-scss-module__CpaMsW__headingText\n HeadingText-module-scss-module__CpaMsW__left\n HeadingText-module-scss-module__CpaMsW__h2\n HeadingText-module-scss-module__CpaMsW__montserrat\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","id":"possible-solutions","children":["$","strong",null,{"children":"Possible Solutions"}]}] 22:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"There are several factors which must be addressed if the city is going to prevent an even larger migration out of the area."}] 23:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":["One component is an increased availability of housing units in the ",["$","a",null,{"href":"http://www.miamiherald.com/news/business/real-estate-news/article131974874.html","target":"_blank","rel":"noopener noreferrer","children":"mid-market"}]," level. 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The area has a finite amount of land available for real estate development due to the boarders of the Atlantic Ocean and the Everglades."]}] 24:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"In order for more developers to begin building affordable housing, local governments will need to make accommodations to current zoning and construction restrictions and offer incentives that will promote growth in the desired markets."}] 25:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"To address the income gap, stakeholders must work to increase the wages to create an environment where workers can afford housing."}] 26:["$","span",null,{"className":"\n \n BodyText-module-scss-module__C7Ac8q__bodyText\n BodyText-module-scss-module__C7Ac8q__normal\n \n \n \n \n BodyText-module-scss-module__C7Ac8q__left\n BodyText-module-scss-module__C7Ac8q__openSans\n ","style":{"color":"var(--color-dark-gray-primary)"},"onClick":"$undefined","children":"There is no clear path forward for the city of Miami or residents who wish to find affordable housing in the area. 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