It’s a large coastal metropolis that has been losing residents to other parts of the US for years and lost population outright early in the pandemic. Increasingly unaffordable housing appears to be the main cause.
That description applies to multiple cities. That Miami is one of them might be something of a surprise. In the popular imagination, it is one of the great boomtowns of the moment. The popular imagination is not entirely mistaken: A lot of incredibly affluent people moved to the area in 2020 and 2021; employment growth has been strong; and Miami has had some notable successes in attracting tech and financial companies. But when billionaire investor Peter Thiel
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