Real estate analysts are increasingly concerned that the housing market may be nearing a collapse.
Among 21 major global cities, Miami ranks as the most vulnerable to a property downturn, according to UBS.
This marks the second consecutive year the city has led the investment bank’s real estate bubble index. Factors such as rising unaffordability for middle-income residents, stricter property regulations, and intensifying hurricane threats have heightened the risk of a market slump in the Magic City.
Source: The Telegraph
