South Florida’s affordability crisis is deepening again.
That’s the message from the latest report by the nonprofit United Way that shows more than half of Miami-Dade County households earn less than what it is needed to afford basic necessities.
In Broward, half of residents struggle with affordability, according to what the United Way calls the ALICE — asset-limited, income-constrained, employed — report.
Living under ALICE threshold can mean having a job but not having a place to sleep, which is increasingly common in a region where the median home price is 10 times more than the median household income — and where the average one-bedroom apartment in Miami rents for more than $2,000 a month. It includes those households on the brink of financial hardship as well as people living u