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“There would be a real slowdown in construction activity,” said Edward Murray, assistant director at FIU’s Jorge M. Perez Metropolitan Center, noting that development has been driving the local economy for years.

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"If you are not able to compete with employers elsewhere, whether remote employers or elsewhere in South Florida, by offering a competitive salary, you will not get the talent that you need," said Maria Ilcheva, associate director of the Metropolitan Center and the survey's author.

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“You have to applaud the county for being aggressive about affordable housing, but you still have to be careful,” Murray said. “You really need to be so transparent. There is always the issue of compatibility, and as a planner I’m always very sensitive about that, especially in single-family communities.”

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“Another interesting finding is that employers desire partnerships with universities,” says Maria Ilcheva, the report’s principal investigator and associate director of planning and operations for the Metropolitan Center.

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Among survey findings presented by principal investigator Maria Ilcheva is that more than 70% of employers say a lack of qualified job candidates is a challenge to recruiting workers and 55% noted an increase in resignations in the last two years. More than half of those who saw increased resignations cited that they had a significant impact on their businesses.

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According to a 2022 Broward County Affordable Housing Needs Assessment, 62% of Broward renters were cost burdened, meaning more than 30% of their income was going toward their rent. Of those residents, 52% were “severely” cost burdened, meaning more than half of their income was going toward rent.

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The growth patterns of South Florida's population largely relate to the expense of commuting to work, said Edward "Ned" Murray, associate director of Florida International University's Jose M. Perez Metropolitan Center, which released a report on population changes in South Florida.

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This month, Broward County commissioners adopted a 10-year master plan to tackle affordable housing woes by allocating money for new construction that will generate about $8 million in the first year, and allow for more density for new development near rail corridors where there are “redevelopment opportunities” and a location which can make it easier for people to get to work.

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It is easy to say the Titanic sank because it hit an iceberg. If you want a simple immediate cause—that is fine. But anybody who studies the disaster knows it is much more complex.

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There are a quarter-of-a-million Broward County residents living in “financial distress,” housing experts warned Tuesday. And it’s only “getting worse by the day,” said Edward “Ned” Murray, associate director with the Jorge M. Perez Metropolitan Center at Florida International University.

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