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East Coast migration to Miami plummets amid soaring housing costs

Original: East Coast migration to Miami plummets as Florida’s housing costs skyrocket

Migration from the East Coast to Miami has dropped sharply as Florida's housing costs continue to surge, according to a New York Post report. The steep price of buying or renting in the city, once a magnet for relocating New Yorkers and other Northeasterners, appears to be deterring newcomers who once fueled a pandemic-era boom in the area.

Why now: Soaring Florida housing costs have made Miami far less affordable, reversing the migration trend that boomed in recent years.

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• East Coast migration to Miami plummets as Florida’s housing costs skyrocket · New York Post

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