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REDDIT

Miami isn't the cheap Florida play anymore

A
Aug 17, 2026 · 12:16

Interesting seeing developers admit that Miami has gotten seriously expensive

For years the pitch was basically "move from NYC to Florida and save money"

That gap looks a lot smaller now

Still, taxes and the broader business environment can make the math work for some buyers and developers

Curious if Miami is becoming a luxury market rather than a cheaper alternative to NYC

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