Miami Ranks Second For New Housing Units Added Between 2000 And 2012

Miami added housing units faster than any other U.S. city outside of Austin between 2000 and 2012, according to a New York City report based on census data.

The report also stated that 68% of housing units in Miami were occupied by renters, just below top-ranked New York City.

Affordability is a bigger issue in Miami than anywhere else, with 62% of renters paying over 30% of income in 2012 – higher than anywhere else.

A report earlier this year placed Miami at the top of North American cities for growth in housing units between 2000 and 2010, although that report excluded Austin from the analysis.