Cheaper isn’t affordable, study says

Miami-Dade County property values now put it on par with Chicago; Salt
Lake City; Tacoma, Wash.; and Provo, Utah as the 40th most expensive
market in the country, down from the No. 34 spot in 2007. That’s still
too much for many area residents because local incomes are still
proportionally so low that houses remain out of reach. A study by the
Center for Housing Policy, a Washington-based research group, said
working families still have trouble affording homes in the area.