Huffpost Miami

Miami's Poor Live on $11 a Day as Boom Widens Wealth Gap

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** ADVANCE FOR Monday AUG. 8 ** Cranes used for constructing new condominiums dominate the skyline along Bayshore Drive in Miami, Fl. Wednesday, August 3, 2005. These high-rises are part of a condo crush that's part of the nation's housing boom. The boom is buoyed by active investors from Europe, Latin America and the U.S. Northeast that target the city because of its worldly feel and relative affordability. (AP Photo/Lynne Sladky) | ASSOCIATED PRESS

As the luxury bus ferried a dozen of his clients past building sites, Miami property consultant Peter Zalewski rattled off names of 50 area high-rises being financed by money from Venezuela, Hong Kong and Argentina.

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