This city is 'the epicenter of the housing crisis,' says a Biden administration official

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Rental prices have soared this year. U.S. Department of Housing and Urban Development Secretary Marcia Fudge visited one city to see the crisis herself.

U.S. Department of Housing and Urban Development Secretary Marcia Fudge dubbed sunny Miami the “epicenter of the housing crisis in this country” during a visit Tuesday.

To... U.S. Department of Housing and Urban Development Secretary Marcia Fudge dubbed sunny Miami the “epicenter of the housing crisis in this country” during a visit Tuesday. To anyone following the nation’s surge in rental prices, zeroing in on Miami is hardly a surprise. The overall median rental price for the ​​Miami–Fort Lauderdale–West Palm Beach region was up nearly 46% in May from the same time last year, according to data from Realtor.com. Miami has also consistently ranked among the U.S. cities with the fastest-growing rents this year.

Fudge suggested reforms to local zoning rules as a potential solution, as well as allocating COVID relief money toward easing the pinch, according to the Miami Herald.

 

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Fudge

Why is it activists disguised as public servants refer to everything as a “crisis”. We’re a nation of 330 million people - some will be poor, some will be disabled, some will be psycho criminals. That will never change no matter how many government agencies are funded.

Awesome news! In a couple years I can buy that condo I want at 30% off

Liberal cities are the worst when it comes to rent and building affordable housing. Go figure.

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