Forbes presented their list of what they believe to be the most miserable cities in the United States. Surprisingly to me, is that Miami ranked as their #1 most miserable city. I think this decision was based upon the housing situation but with all the foreclosures this is a buyers market. Miami has always been about wealth, and glamour. Everybody knows that.
Miami has always been a playground for the rich and famous. Celebrities party in South Beach and own incredible mansions in Miami Beach and Key Biscayne. 47% of homeowners cannot pay their mortgages and 364,000 properties have entered foreclosure since 2008.
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