In Spite of Multimillion-Dollar Condos and Mansions, Miami Has One of the Nation’s Highest Poverty Rates

In Spite of Multimillion-Dollar Condos and Mansions, Miami Has One of the Nation’s Highest Poverty Rates

In Spite of Multimillion-Dollar Condos and Mansions, Miami Has One of the Nation’s Highest Poverty Rates

According to the MiamiHerald, more than thirty billionaires live in the Miami metro area. This is one of the highest concentrations of billionaires anywhere on earth. Yet, in spite of the multimillion beachfront condos and sprawling mansions, Miami also has one of the largest poverty problems in the United States. A study found that Miami has the second-worst gap in economic disparity in the United States. Only New New York had a bigger measure of economic inequality.

The COVID-19 pandemic has brought economic disparities in the United States into a harsh light. While a few large business owners thrived, many small businesses struggled to stay afloat at all. Many working families have struggled to pay the bills throughout the pandemic – which has now raged on for a full year. Paying for food and medicine are very real challenges for the vast majority of Americans. And paying the rent has been made nearly impossible at a time when it is most needed, to ensure that families have a safe place to stay inside and reduce the spread of the coronavirus.

The good news in these troubling times is that there is still help available for Florida families who are struggling to pay the rent. Congress has authorized billions of dollars for immediate housing aid, and Florida is set to distribute hundreds of millions of these dollars to families who are struggling to avoid eviction.

Get Help from Casselberry and Oviedo Eviction and Foreclosure Attorneys

The experienced Florida eviction attorneys at Quattrochi and Torres are here to help all Florida homeowners and renters keep their homes. Call407.452.4918 or contact us online today to schedule your free consultation. The sooner you get advice, the better options you will have for staying in your home.

407.452.4918