Do we have crystal meth to thank for Miami's real estate rebound? That's the question raised by a quote rather innocently dropped into this otherwise positive article about Miami's real estate recovery.
Racontur, the producers of Cocaine Cowboys, a movie about Miami's cocaine wars in the 70s and 80s and the building boom they created, says "It's all just a little bit of history repeating." Well, maybe the mexican drug wars are fueling our economic recovery, and the 45 proposed towers, but here at Curbed we're going to need some more evidence before we're convinced. And we'd like to know!
· Building Fever Heats Up Miami [Housing Predictor]
· Just A Little Bit of History Repeating [Racontur]
· South Florida condo market officially enters growth phase [Miami Herald]