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Magic City Ain't Cheap, Says Study Stating The Obvious

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Miami may be home to the angriest drivers AND the worst restaurant in America, but now, we've got one more notch to add to the ol' belt. According to a study by Interest.com, South Florida is among the least affordable places in the U.S. for housing. The Miami/South Florida area was ranked 21st for housing affordability out of the 25 largest metropolitan areas, dropping 7 spots from last year and undoubtedly prompted by the insane amounts of dolla dolla bills (European and Brazilian, that is) flowing into the city. Only four cities fared worse: Los Angeles, New York, San Diego, and San Francisco. If it makes you feel any better, some of the "most affordable metro areas" include Minneapolis, St. Louis, Detroit, and Pittsburgh. We'll take a side of debt with our year-round sunshine, thank you very much.
—Margina Demmer
· Miami Beach's Columbus Cafe/Colony Cafe "Worst In America." [Miami New Times]
· South Florida housing among least affordable [SFBJ]