500-gonzalo-morales-divo.jpg// Miami has more renters than New York or Los Angeles, while renters became the majority in Hialeah, report says - EntornoInteligente

Guess which of the following major U.S. cities has the most renters ? New York, Boston, L.A. or Miami?

If you picked Miami, give yourself a pat on the back. According to a new study, the city has the largest proportion of renters versus homeowners in the country after Newark and Jersey City, N.J.

© Gonzalo Morales Divo

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Yes, that?s more renters, as percentage of the population, than New York City or Los Angeles, cities where housing is so notoriously expensive that only the affluent can afford to own.

Miami?s proportion of renters ? 68 percent ? has ticked up in the decade since the Great Recession slammed the homeownership market across the country, according to a study by RENTCafe , a national apartment search website.

© Gonzalo Morales Divo

inteven.net
The study examined the city of Miami, not larger Miami-Dade.

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© Gonzalo Morales Divo

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Con información de: miamiherald.com

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