Race to the Bottom: New Reports Show How Inflation Is Draining Miami Residents' Wallets (Hialeah: rental, employment)

[roadtrip75]

Originally Posted by wanderer34

the only way to really grow is not to mow down the Everglades just so we can build more mega mansions, but to build apartment buildings, co-operatives, and a few condos and office buildings.

Growth is not inevitable. It's being artificially imposed on us by public policy makers.

[Arcenal813]

Originally Posted by roadtrip75

Growth is not inevitable. It's being artificially imposed on us by public policy makers.

Right.

And there are some major issues that need to be addressed... Such as:

Originally Posted by nidex

It'll become an American/Latin American Dubai.

I'm also interested to see the effect that the laws regarding foreign nationals buying property have on the city. I feel like half of the high rise condos sit empty because they're just places to park money.

Throwing up a bunch of huge towers is cool and all, and it looks pretty at night, but in order to keep the machine turning, the moving parts need to be well-oiled. Half-empty giant towers for foreign nationals do absolutely for the local residents who are the heart and soul of the city.

[CXT2000]

^ well said, hopefully you won't get crucified like I do when I mention the same thing lol

[elchevere]

I’m comfortable with Miami being compared with and turning into not a Dubai but a Singapore—both attract well to do looking to escape outrageous taxes (Hong Kong for Singapore; Northeast, not just foreigners, for Miami). Miami has only gotten better in my 7+ years living here; no shortage of things to do. Even if SOME foreign nationals and/or U.S. transplants live here 1/2 the year they still pay property taxes, furnish their residences, dine out when here, buy cars, etc….I don’t see how that hurts and/or creates a “ghost town”—it doesn’t. Some, I guess, prefer the old Miami when it was a sleepy, more seasonal, less interesting city that also catered to elderly retirees on fixed incomes.

[Arcenal813]

Originally Posted by elchevere

I’m comfortable with Miami being compared with and turning into not a Dubai but a Singapore—both attract well to do looking to escape outrageous taxes (Hong Kong for Singapore; Northeast, not just foreigners, for Miami). Miami has only gotten better in my 7+ years living here; no shortage of things to do. Even if SOME foreign nationals and/or U.S. transplants live here 1/2 the year they still pay property taxes, furnish their residences, dine out when here, buy cars, etc….I don’t see how that hurts and/or creates a “ghost town”—it doesn’t. Some, I guess, prefer the old Miami when it was a sleepy, more seasonal, less interesting city that also catered to elderly retirees on fixed incomes.

Well you're in Brickell, in the shiny Miami that gets all of the attention. The severe neglect towards middle and lower class neighborhoods is more what I'm getting at.
The middle class parts of Miami look like total ****. It doesn't matter how many shiny towers get thrown up Downtown and in Brickell. It looks cool, but what about the other 90% of the city?

[MiamiLIFE]

Originally Posted by Arcenal813

Right.

And there are some major issues that need to be addressed... Such as:



Throwing up a bunch of huge towers is cool and all, and it looks pretty at night, but in order to keep the machine turning, the moving parts need to be well-oiled. Half-empty giant towers for foreign nationals do absolutely for the local residents who are the heart and soul of the city.

I thought for a minute you were describing the towers going up on billionaire row in NY that sit empty and serve as piggy banks for foreign buyers.

[MiamiLIFE]

Originally Posted by elchevere

I’m comfortable with Miami being compared with and turning into not a Dubai but a Singapore—both attract well to do looking to escape outrageous taxes (Hong Kong for Singapore; Northeast, not just foreigners, for Miami). Miami has only gotten better in my 7+ years living here; no shortage of things to do. Even if SOME foreign nationals and/or U.S. transplants live here 1/2 the year they still pay property taxes, furnish their residences, dine out when here, buy cars, etc….I don’t see how that hurts and/or creates a “ghost town”—it doesn’t. Some, I guess, prefer the old Miami when it was a sleepy, more seasonal, less interesting city that also catered to elderly retirees on fixed incomes.

And full of deadly car jackings and cocaine wars. The good 'ole days of Miami!

[Arcenal813]

Originally Posted by MiamiLIFE

I thought for a minute you were describing the towers going up on billionaire row in NY that sit empty and serve as piggy banks for foreign buyers.

I visit NYC quite often, and avoid that area like the plague.

Quite similar.

[elchevere]

Originally Posted by Arcenal813

Well you're in Brickell, in the shiny Miami that gets all of the attention. The severe neglect towards middle and lower class neighborhoods is more what I'm getting at.
The middle class parts of Miami look like total ****. It doesn't matter how many shiny towers get thrown up Downtown and in Brickell. It looks cool, but what about the other 90% of the city?

Last I checked Coconut Grove, Coral Gables (including its various neighborhoods), Edgewater, Midtown/Design District, Key Biscayne, most areas of Miami Beach, Bal Harbour South Miami, Pinecrest, Cutler Bay, etc aren’t too shabby and stretch for miles but some on CD think there are only 1-2 nice neighborhoods in all of Miami Dade.

A better argument would be to divide Miami into coastal v inland , haves v have nots (with some exceptions in both cases), yet even that is not that different than other U.S. cities in which the more desirable communities tend to be on or very close to the water. Then there’s the argument to be made some of the neighborhoods you describe (and, no, not 90% of Miami Dade either) have their share of residents who refuse to learn English and then complain about lower wages. Gee, I wonder why. Maybe their neighborhoods “look like total ****” for a reason. Do LA, NYC, SF Bay Area, Chicago and others have “gleaming” lower income neighborhoods or it’s just Miami that has impoverished, poorly maintained neighborhoods??

[MiamiLIFE]

Originally Posted by elchevere

Last I checked Coconut Grove, Coral Gables (including its various neighborhoods), Edgewater, Midtown/Design District, Key Biscayne, most areas of Miami Beach, Bal Harbour South Miami, Pinecrest, etc aren’t too shabby but some on CD think there are only 1-2 nice neighborhoods in all of Miami Dade.

A better argument would be to divide Miami into coastal v inland (with some exceptions), yet even that is not that different than other U.S. cities in which the more desirable communities tend to be on or very close to the water. Then there’s the argument to be made some of the neighborhoods you describe (and, no, not 90% of Miami Dade either) have their share of residents who refuse to learn English and then complain about lower wages. Gee, I wonder why. Maybe their neighborhoods “look like total ****” for a reason.

I am also a fan of Miami Shores, parts of Little Haiti, and North Beach. I drove all over Miami this past weekend just cruising with the sunroof open and I am always in awe how many distinct nabes there are and how pretty. Special place.