Ned Murray is concerned about Miami’s housing affordability crisis, what he called “an extremely dire situation.” As one of the leading South Florida experts on the topic, Murray has been warning about this monumental threat for years. City and county elected leaders know well his economic development and housing market body of research.
As tough as it’s been to buy or rent in Miami during the past couple of years, the next few years look to be as difficult for many residents, he predicted. Most local services sector workers had their employment disrupted by COVID-19 and now can’t afford to live near where they work — a big impediment.
As the associate director of Florida International University’s Jorge M. Perez Metropolitan Center, Murray, who holds a doctorate in urban and regional planning, and his colleagues crunch the numbers quantifying Miami’s housing affordability crunch. And they assess and recommend how the city can improve the dismal housing prospects for many residents.
