Miami is soon becoming the most desirable destination to acquire luxury Real Estate for many of the world’s wealthiest individuals. We are at the stage where finally Miami is starting to become a Metropolitan City.

Miami is one of the top cities for livability, where people around the world want to go to. We are just in the embryonic stage. The art museum was just built. The transportation systems are just getting done. The urban area is just getting retail space. So when I look at the 10-year horizon, I wouldn’t want to be in any city in the world, as an investment place, other than Miami is now, and will continue to be, the most international of our cities.

New York will continue to be the capital of the U.S., in effect, but Miami will continue to get close to New York. Our prices are getting closer to New York and are still depressed compared to New York City. We will go beyond South America and will move to Europe and Asia. We will continue to see movements from people and businesses from the Northeast and states that are less pro-business and have higher taxation, as you see now from New York. » – Jorge Perez, Related Group CEO.
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