From the outside, Miami might seem like a city of sex-crazed partiers looking for superficial connections. But most of us are softies searching for true romance…and someone to split rent and utilities!
OK Cupid surveyed 2 million daters asking whether they were more interested in love or sex, and found that the majority of respondents in Miami chose love (73%).
Funny thing, 87% of respondents said they’d want to split the rent! A natural choice, as a one-bedroom costing $2,500, splitting that 50/50 with your lover would save about $1,250 each month.
But there is good news for Miami renters.
According to Florida Atlantic University economist Ken H. Johnson and two other professors, the worst rent hikes appear to have passed, but prices are still rising, leaving tenants across the country facing “a prolonged period of unaffordable rental prices.”
In July, average rent nationwide jumped 13.2% year-over-year to $2,031.Fort Myers and Miami led the nation with the largest year-over-year rent increases at 25.2% and 24.6%, respectively. In Miami, average rent costs $2,841.
The professors pointed out that over the past six months, Fort Myers’ average rent rose “only” 7%, while Miami’s average rose 8.4%, “coming back in line with traditional increases, so renters renewing leases aren’t as overwhelmed as they were last year.” (Traditionally, rents rise 3-5% per year).
Will Miamians still seek love when prices return to a reasonable level? We’ll see…
Here is the link to the complete OK cupid article.
(source: axios.com picture, Samantha Gades)
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2022