Miami, FL
Miami tops UBS’s global real estate bubble index
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If you’re thinking about buying a condo in Miami, you might want to hold off.
According to a new report from UBS, Miami has the highest bubble risk among all the cities it surveyed globally.
UBS (UBS) said that while the boom in Miami housing has “somewhat” cooled thanks to higher mortgage rates, prices in the city have risen by almost 50% since the end of 2019. Seven percent of that growth happened in the last four quarters.
“Price rises in recent years have strongly decoupled from income and rental growth, leading to significant imbalances in the residential property market and a high bubble risk,” UBS said.
The Miami market, according to the report, has been fueled by rich people competing with each other for a select amount of luxury oceanfront property.
Another factor contributing to the high bubble risk is new regulatory requirements for condos older than 30 years, which has led to a flood of those properties on the market. And when interest rates further drop, “lower mortgage rates will likely bring significantly more existing inventory to market and potentially lead to some price erosion,” UBS said.
Insurance costs are another factor creating high bubble risk, as plans continue to skyrocket due to climate change and environmental hazards, which UBS said “puts the future of Miami’s price levels into question.”
Other cities with a high bubble risk include Tokyo and Zurich, which rank second and third for the highest bubble risk. Los Angeles and Toronto took the fourth and fifth spots respectively and were classified as elevated risk.
For the first time since Jan. 24, 2024, the Miami Hurricanes (7-2) have won a road game, and it comes when the ACC needed it most against the Ole Miss Rebels (5-3), defeating them 75-66.
Not only was this a massive win for the program, but it was also a wake-up game for one of the Hurricanes’ star players.
However, Miami started the game poorly. Five quick minutes and five quick turnovers stifled the Canes in the early goings against the Rebels. It was sloppy both ways with questionable fouls and non-calls all the same, but soon the Hurricanes started to settle in.
It started with Shelton Henderson. The five-star freshman has been rechallenged time and time again by head coach Jai Lucas to take that step to be the player that he needed to be, and against the Rebels, his sleeper agent activated.
He crashed the boards, attacked the rim, and even chirped back and forth with some of the students in the Pavilion in Oxford, Miss. He did everything he could to have a career night, and he did.
Henderson finished with a career-high 18 points, nearing a double-double with nine rebounds, five assists, and two monster blocks in response to the nagging Rebels faithful. He was just the Energizer Bunny for the Canes, as his energy was passed around like the 15 total assists the team had.
That sparked the Hurricanes to flex their offensive capabilities in the first half, shooting 8-15 from beyond the arc, sparking the Rebels in every area of the game. Moreover, defensively was where the Canes made their money.
After the win over Ole Miss, Miami has jump in KenPom from No. 46 to No. 38, now has a top 20 defense in the country and projected to go 22-9.
— Justice Sandle (@Justice_News5) December 3, 2025
As the season goes on, the country will get so used to what Tru Washington is doing that his defensive performances will become numbing. Jai Lucas challenged him to be one of the best defensive guards in the country, and he took it to heart.
Washington finished the game second in scoring with 17 points, seven rebounds, and three steals. Tre Donaldson also played outstandingly, leaning more into his leadership role as a guard, guiding this team to victory.
What was better was that they didn’t need Malik Reneau to score 20 points to win. UM’s big man finished with 15 points, six rebounds, three stocks, but had four of those five early turnovers in the opening minutes. He eventually settled, as did the team.
The Hurricanes will now return home to face Southern Miss in another out of conference matchup on Dec. 6.
Justice Sandle is a graduate of Mississippi State University and is the site lead for the Miami Hurricanes on SI. He can be reached at Twitter @Justice_News5.
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Miami, FL
Miami Dade College trustees renew approval of Downtown Miami land transfer for Trump presidential library
Miami Dade College’s Board of Trustees on Tuesday once again signed off on transferring a valuable slice of Downtown Miami real estate for the planned presidential library for President Donald Trump, a unanimous vote delivered as the school faces continued legal scrutiny over the deal.
Meeting in a specially called session at the college’s Hialeah campus, trustees revisited the proposal involving nearly three acres of MDC-owned land on Biscayne Boulevard, next to the Freedom Tower. The parcel, currently used as a surface parking lot, has been at the center of controversy since the board first endorsed the transfer in September.
The do-over vote followed weeks of questions about whether the college violated Florida’s Sunshine Law when it initially approved the transfer. Critics argued the September meeting lacked proper public notice. A lawsuit soon followed.
In late April, a judge temporarily barred MDC from handing over the land to the state, ensuring the property stays under the college’s control until the legal challenge is resolved. That injunction remains in place as the case moves forward.
Ahead of Tuesday’s session, the college said residents would be allowed to address trustees a second time. But anyone hoping to speak was required to submit a written request via email before the meeting began, a condition that frustrated some community members who argued the process still limited public engagement.
Despite the ongoing court battle and renewed public attention, trustees moved quickly and voted unanimously to reaffirm the land transfer. The final outcome of the dispute now rests with the judge overseeing the Sunshine Law challenge.
Trial set for August 2026 in lawsuit seeking to block the transfer
Circuit Judge Mavel Ruiz in Miami scheduled a trial for Aug. 3, which will further delay Miami Dade College’s plans to formally transfer the land for the library.
Miami activist Marvin Dunn, a retired professor and chronicler of local Black history, filed the lawsuit arguing that the college board violated Florida’s Government in the Sunshine law by not providing sufficient notice for its special meeting on Sept. 23.
Attorneys for the college had asked the judge to stay the trial proceedings pending an appellate court’s review.
Ruiz acknowledged that the trial date could change, depending on how the appeals court proceeds.
Miami, FL
Self-driving robots becoming popular for food delivery service in Miami as residents share mixed feelings
They’re the delivery drivers who don’t say much when they drop off your food. Despite their lack of conversation skills, self-driving robots are taking over the streets of Miami.
Yet, some residents have mixed feelings about them.
“I find them to be a little bit annoying, inconvenient,” said Isabella Priest, who lives in the area.
“I like the robots because if you didn’t have the robots, you would have a million bicycle riders from Grubhub,” said Susan, who also lives in the area.
Technology is changing the food service landscape
Serve Robotics Inc. is one of the companies providing their AI-operated, self-driving delivery robots for service in South Florida.
“Everything is fully integrated through the Uber Eats app. Once you get to the check-out page of the merchant, there is a toggle that, as the consumer, you have the power to turn on or off,” Partnership manager Los Nevarez said. “If you leave it on, you have the possibility of getting matched with a robot for your delivery. If you are someone who tips in advance, once you get that robot delivery, you get that tip refunded to you.”
There’s no one operating these robots; they get around on their own.
“It is the computer on board, the AI that’s making the driving decisions. So, it’s taking data from all its different sensors, it’s five cameras, all of these different sensors are providing it that safe path to traverse throughout the city,” said Nevarez.
These robots operate on the sidewalks, can cross streets and typically travel 3 to 5 mph.
They only deliver to places that are no more than 1.25 miles from the restaurant.
Some restaurants seeing a boost in business
Merchants like Rice Mediterranean say the robots have boosted their business substantially.
“It’s a lot, more than a hundred orders daily,” said Pierre El Kossaifi, general manager at Rice Mediterranean.
Once the merchant loads the food into the robot, the door locks, and it’s on its way to its destination.
The person who orders it gets a notification on their phone to unlock it. You press the button on the robot, then dinner is served.
The serve robots operate off an 18-hour battery, and when you see them congregated together, they’re still “on the clock.”
Mixed reviews
They’re the delivery drivers of the future, but they’re here today, despite mixed feelings about their existence.
“They’re bad, they should take them away! They contest the sidewalk,” said Mohamad Alrasheed.
“I like them. I don’t think they’ve gotten in the way or stopped a lot of traffic or anything like that. The more robotic and new age we get, that’s just what it’s going to be,” said Nick Cavil.
If the robots do get stuck, there is an operator who is alerted to help navigate them out.
For more information about these robots and how they operate, check out https://www.serverobotics.com.
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