Because Miami-Dade couldn’t afford a straight-line paydown of the loan – like a home mortgage – the finance team had to. according to an inflation calculator on the Bureau of Labor Statistic’s.
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· Miami or Dade County has about 2.8 million people and offers a 0.56% growth rate. Essentially, Dade County is close to stagnation while the Tampa area is enjoying a healthy 3% growth rate that is based on greater job opportunities and room for expansion. Congestion. The Tampa area is less congested and more open, compared to Miami.
FinCEN has issued rules aimed at preventing laundering through the mortgage market, but "cash purchases present. of real estate purchases of at least $1 million in Florida’s Miami-Dade and Broward.
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