Quote:
Originally Posted by LA21st
But its not keeping rents in check. So there's obviously a problem or disconnect.
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The fact that prices are still extremely high according to the graphs means we should build even more!
Luckily this month Miami had multiple groundbreaking
:
Cipriani Residences (80 floors, 397 condos) *Broke ground on Feb 26th but it's close enough
2600 Biscayne (41 floors, 399 rental units)
600 MWC (32 floors, 579 condos)
Domus Brickell Park (12 floors, 172 condo units)
2200 Brickell (5 floors, 105 condos)
Next month JEM Residences is breaking ground on April 3rd with 789 units and 67 floors!
I'd rather have a supply glut than a market crash.