"...there is a silent competition between New York millionaires and Latin American entrepreneurs for the same apartments in Brickell, Edgewater, Coral Gables, and other high-profile areas...There is a new sense of urgency. For them, Miami stands out as a clear alternative, not only because of its lifestyle or climate, but also due to its more predictable fiscal and regulatory environment. In times of political uncertainty, Miami is not just attractive; it makes sense.” (Article link below.)

https://www.fundssociety.com/en/news/alternatives/miami-real-estate-sector-benefiting-from-the-elections-in-new-york/