Reposted by @chazbraz.bsky.social
I suspect new development in Miami has skewed condo rather than rental for a long time for other reasons but I wonder if as climate risk increases, it’s skewing even more toward condo so developers can offload as much of that risk to condo buyers as possible www.miamiherald.com/news/local/e...
miamiherald.com
Dozens of luxury condos, hotels in Miami sinking at ‘unexpected’ rates, new study reveals
First-ever observation of continuous subsidence shows as much as 70 percent of high-rises affected in some areas of Miami
