Miami has suffered one of the biggest drops in property value. There are many Spanish speakers together with a boom of the Brazilians buyers who are enjoying the benefits of their emerging economy and their high exchange rate against the us dollar.
Facts:
- Known as "America's Cleanest City" for its clean air.
- Forbes Magazine named Miami the 2nd most miserable city in the US (high foreclosure rate and past decade of corruption among public officials)
- Tourism its one of the major industries in Miami with 38 million people visiting the city
- In the year 2000 Spanish was the fist language for 66.75% of residents, English by 25.45%
- Miami Airport its one of the busiest in the world catering for 35 million passengers a year
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