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Miami - Rents catching up with mortgage payments. Time to buy?
Wall Street and other major investors are beginning to cash in on their massive investments in Miami - Dade through the increase in prices in the housing rental market.
Renting an apartment in Miami Beach, Brickell, Downtown or Midtown is costing top dollars to those who are looking for one. In some cases, these are same people who lost or gave up their homes during South Florida’s foreclosure crisis...
http://www.jetsetrealty.net/info/about/rents-reaching-records-heights-is-it-the-time-to-buy/