Miami’s Rental Market Rollercoaster Is Headed Downhill

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New inventory, a return to the office and a general slowdown from the Covid housing craze are causing prices in the city’s luxury sector to drop

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https://www.wsj.com/real-estate/luxury-homes/miamis-rental-market-rollercoaster-is-headed-downhill-2fb5b91aWhen Neil Harris moved his family to Miami from Tennessee in 2020 during Covid, he signed a $29,500-a-month lease for a beachfront apartment that he said was “well worth it.” This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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Ranked: The Best Rental Car Companies In America, According To J.D. PowerI’m a travel and lifestyle authority and a content strategist. In this column, 'Transformative Travel,' I look at how travel can change lives. I profile the doers and the disrupters and cover the trends and the destinations that appeal to modern travelers. I have been writing about travel since the early days of my career, when I started off as a honeymoon editor, even though—ironically—I was single at the time. Since then, I have written for a number of publications, including Food & Wine, Wall
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