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tweva is right, Miami attracts a lot of wealth from all over the world, condos keep selling even when thinks were down all over the country. Their where groups from Europe, Canada, South Americans, Russians in the South Beach area, all buying condos like there was no tomorrow. The rest of Miami which I call the people that have lived here for more then 20 years or more where just seeing this groups from other countries moving to Miami to there concrete condos.

I live in a house and would never live in a condo.