Miami to CNN: Leave Us Alone
There is a temptation to read CNN’s rankings of the “Best Places To Live” in the US–they must have a group of journalists conducting research of some sort. And research, they do: they rank cities by the amount of park space, the average salary vs. the average cost of homes, etc. It’s lots of number-crunching kind of stuff.
Then you read the lists, looking for a city you like, perhaps someplace in South Florida? Miami? No. Fort Lauderdale? Nope. Not a single familiar name is there. CNN did come up with some odd winners. For instance: Wichita, KS is #9. As a person who grew up in the Midwest and who’s been to Wichita several times, I can tell you it is not a nice place. It’s not even quaint, in a “Wizard of Oz” cute-factor way. In fact, when Steve Martin and John Candy found themselves stuck in a pile of bad luck in Planes, Trains, and Automobiles, the scene took place in Wichita.
Miami does appear on a recent list: the most over-priced home markets in the US.
According to CNN, southeast Florida’s market is overpriced by 54%, ranking it as one of the highest in the US. The fear is the same old story, the housing bubble will burst, home prices will plummet, etc.
But then you go back to the list that says Wichita is one of the best places to live in the US…that just doesn’t pass the smile test. If they want rankings, perhaps they should look at the fact that an average of 1,000 people move to Florida each day; and a large portion of those people are coming to Miami. Mysteriously, these newcomers are not turned off my the claims of over-priced real estate.