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Miami Herald
Miami Herald
Business
Rebecca San Juan

First-time homebuyers jilted in Miami-Dade. Here’s how to crack pricey housing market

Growing up in Miami, Vince Rives knew he wanted to stay local, because he’s close to his Cuban family. Raised between his parents’ house in Kendall and his grandparents abode in Westchester, Rives, 29, recalled a happy childhood.

Weekends were spent in the backyard by the pool with his two siblings, cousin, grandparents and parents eating barbecue and his father’s famous black beans.

Three years ago, Rives thought about leaving his family’s new home in Coral Terrace for a place of his own. After marrying in December 2020, he and his wife moved in with his parents, so they could save money for a down payment to buy a three-bedroom townhouse.

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