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Renee Chapple

Miami Ranks Among Nation's Least Affordable Cities

By , About.com GuideFebruary 24, 2009

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A recent study conducted by the National Association of Home Builders concluded that Miami is one of the least affordable cities in the United States. The study evaluated home sales transaction data, interest rates, median household income, property taxes, insurance costs and population to rank the metropolitan areas that are most unfriendly to homeowners. Miami ranked as the fifth worst metropolitan area, behind New York City, San Francisco, Long Island and Los Angeles.

If you're in trouble and need help meeting your basic housing costs, here are some resources to help you get back on your feet:

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