“Each municipality has a responsibility to provide for its own citizens and its own economy,” said Ned Murray, associate director of Florida International University’s Jorge M. Perez Metropolitan Center. “We just don’t see that happening to the levels that are necessary.”
In 2018, about 57.4% of Royal Palm Beach and 56.7% of Wellington renters were "overwhelmed" with housing costs, meaning they spent at least half and even as much as two-thirds of their income on housing, according to a 2021 study by FIU's Metropolitan Center, which provides policy solutions to public, private and nonprofit organizations in South Florida.
Williams officially started on her public service career at Florida International University, eventually earning a master’s degree in public administration. There she met Ned Murray, a housing expert and associate director of the university’s Jorge M. Pérez Metropolitan Center.
Edward “Ned” Murray, associate director of Florida International University’s Jorge M. Pérez Metropolitan Center, is bleaker in his assessment. He said there’s still a possibility rents could crash sometime in the future as low- and moderate-wage earners move away, exasperating employee shortages and making South Florida a less desirable place to live.
Ned Murray, associate director of the Jorge M. Pérez Metropolitan Center at Florida International University, said “everyone needs to be at the table” to solve Miami-Dade’s affordable housing crisis. About half of all households in the county pay more than 30% of their income for housing and experts say the county needs to add tens of thousands of affordable units to address the problem.
The study suggests that these workers, who service the community, will struggle to afford housing. South Florida is entering unchartered territory when it comes to the housing market, said Murray. Not only are housing prices out of reach for many people, but it’s also becoming nearly impossible for renters to afford to be able to live here.
Only a meager 8% of Broward residents can reasonably expect to attain homeownership, according to a recent study of the county’s housing needs by Ned Murray, Florida International University’s associate director of the Jorge M. Pérez Metropolitan Center.
Ned Murray, associate director of the Jorge M. Pérez Metropolitan Center at Florida International University, said the eviction pace would be higher if not for lingering rental aid from federal COVID relief dollars.
Desplazamientos y desalojos en Hialeah: La crisis de la vivienda tiene un origen difícil de resolver
“Los alquileres en Miami-Dade aumentaron un 34 % interanual (2020-2021) y continúan encareciéndose en 2022, mientras los salarios han incrementado alrededor de un 3% durante este tiempo”, indicó Edward Murray, director asociado de Investigación del Centro.
According to Florida International University's Dr. Edward Murray, an expert on housing market issues, adding to these pressures is the trend of investment companies sometimes buying up entire neighborhoods, driving up housing prices. Home purchases by big investors has skyrocketed in Florida, Murray said.