The economic stability of Miamians is a major factor in how comfortably they can live here. Standard living costs, like rents or mortgages, usually consume the largest share of a resident’s income and determine their overall financial health.
Miami must continue to cultivate development of affordable housing to help ease its cost-burdened residents. That, coupled with our rapidly growing economy, higher salaries and greater income distribution, will go a long way toward making Miami a more affordable place to live.
We identified the three goals and metrics below as good targets for our success: