News
August 23, 2017
Developers Overbuilt So Many Sunny Isles Beach Condos, They Have Two-Year Backlog
A Miami real-estate analysis released Monday sheds light on the wonderfully stupid way South Florida operates: For the past handful of years, condo prices in the area have been criminally high, so condo developers have laid waste to any undeveloped piece of land they could find, stacking buildings into the sky regardless of whether anyone would buy them.