Miami’s Growth Faces a Reckoning Amid Climate Risks and Falling Real Estate Prices

Douglas McIntyre discusses Miami’s rapid population growth to 450,000 residents, a 50% increase over the past 50 years, driven by warm weather and low taxes. However, with major hurricanes and rising sea levels threatening the city’s future—two-thirds of it is predicted to be underwater by 2060—real estate prices have begun to fall, signaling a growing awareness of these risks.