South Florida Locals Fear Real Estate ‘Gold Rush’ for the Wealthy Will Push Them Out: ‘I Hope They Can Afford to Import Their Own Workers’

South Florida Locals Fear Real Estate ‘Gold Rush’ for the Wealthy Will Push Them Out: ‘I Hope They Can Afford to Import Their Own Workers’

Many popular areas of the United States have undergone gentrification in recent years, and South Florida is no exception. Cities such as Miami are experiencing a so-called “gold rush” to attract ultrarich buyers, but this profitable endeavor for real estate developers has left many locals worried that they may have to leave the region if prices continue to rise. Recent reports from the Guardian indicate that at least half of Florida residents ha…