Rich people ditched NYC for these random cities | New York Post

3 years ago
5

Did the wealthy really flee to Florida during the coronavirus pandemic?

Miami was positioned as the alternative to New York City during the pandemic, but a new report shows that the Sunshine State wasn’t the top destination for wealthy buyers fleeing the Big Apple — it was Denver.

In Miami, it’s still a buyer’s market. Only 764 luxury homes and condos sold in 2020 compared with 803 the year prior, and a glut of luxury homes and condos available for sale made the market look weak, according to a new Coldwell Banker Global Luxury report.

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