Pioneers Insight Method Research Author
The Formula for Building America's Happiest City: Miami Mayor Francis Suarez | All-In Live
Back to Episodes

The Formula for Building America's Happiest City: Miami Mayor Francis Suarez | All-In Live

Summary

  • Suarez’s core call is that lower taxes, safer streets, and openness to innovation expanded Miami’s resources rather than producing a smaller government. He says taxes reached a historic low, reported 140% growth over nine years, and saw government expand from $500 million to $1.5 billion: “Keep taxes low, keep people safe, lean into innovation.”
  • Miami’s social metrics are improving, but Suarez identifies mental illness and addiction as the hard residual challenge. January’s 546 unsheltered residents marked an 11-year low, while homicides fell to 27 last year from 220 in 1980; he estimates, anecdotally, that “80% plus” of unsheltered people face mental illness and/or addiction.
  • For investors, Miami’s business-recruiting advantage is as much signal as subsidy. Suarez contrasted New York rejecting Amazon HQ2 and Elon Musk replying “Message received” to California hostility with Miami attracting FC Barcelona’s headquarters from New York, $900 million of loans across two projects in two days, and the 2026 FIFA World Cup headquarters.
  • Rapid growth has shifted Miami’s constraints toward housing and mobility. Suarez pairs public money and land with private capital at 15:1 or 20:1 leverage—$100 million producing $2 billion of projects—while discussing Boring Company and eVTOL work and pointing to privately built Brightline as a model.
  • Suarez thinks AI can collapse permitting from 6–18 months to an instant computer-to-computer transaction. With the same zoning code used for 15 years and “97 or 98%” of decisions already made under it, software could identify required changes, revise submissions and resubmit them; Calacanis called it a “hundred-billion-dollar business.”
  • Regulatory reform requires automatic review and phase-outs as well as technology. Suarez preferred a 15–20-year review and recertification process over one-in, one-out rules, proposing that government review 5% of regulations annually and retain only what still makes sense: otherwise, regulation simply “layers on top of each other.”
  • Suarez’s national electoral thesis is that Republicans can win decisive states by narrowing, not erasing, their urban deficit. He said Trump’s Philadelphia loss moved from 85% against Biden to 75% against Kamala, and that 10-point delta “gave him Pennsylvania”; Suarez’s presidential thesis proved right, “It just wasn’t me.”

Deep dive

1. Lower taxes accompanied a larger government and a stronger recruitment signal

  • Suarez’s formula is deliberately spare: “Keep taxes low, keep people safe, lean into innovation.” His claimed feedback loop is prosperity → employment → fewer social problems, with Miami reporting America’s lowest unemployment, highest median-wage growth and 140% growth in nine years.

  • The panel’s steelman for California and New York was that higher taxes fund services and infrastructure for people who “didn’t get the right side of luck.” Suarez’s answer was operational: prosperity and investment expanded the resources available to government even as tax rates fell.

  • His proof point starts in 2009, when Miami was in bankruptcy. The city avoided tax increases, cut its budget 20% in one year through tiered salary reductions and pension reform, and laid nobody off. Suarez called it “DOGE before DOGE”; government later grew from $500 million to $1.5 billion while taxes fell.

  • The recruitment argument is about signaling. New York won then rejected Amazon HQ2, while a California legislator’s “F Elon Musk” drew “Message received”; Miami, Suarez countered, had just attracted FC Barcelona’s headquarters from New York and announced $900 million of loans across two projects in two days.

2. Functional zero combines work, wraparound services and confronting addiction

  • January’s census found 546 unsheltered residents, Miami’s 11-year low, plus “a couple thousand” sheltered. Suarez wants the first major American city at “functional zero,” backed by Mayor’s Ball fundraising; before the May 31 event, he planned to spend a night on the street.

  • Miami works with charities to reunify people with family elsewhere and rents existing homes to bypass construction delays while preserving wraparound services. The macro layer matters too: “If you’re happy, you’re healthy and you’re working, you’re probably not homeless.”

  • The hard remainder, in Suarez’s explicitly anecdotal estimate, is “80% plus” affected by mental illness and/or addiction. He agreed meth and opioids are unusually difficult to beat, with high recidivism even among wealthy users, and connected fentanyl deaths to federal border policy.

  • Public safety supplies the second leg: Miami recorded 27 homicides last year, near the historic low of 24—the lowest number recorded since 1946—and far below 220 in 1980. Suarez said the current year was trending below 24 and “may be the safest year” recorded.

3. Success moved scarcity into housing and transportation

  • Suarez accepted higher housing costs as a problem of success: broad inflation combined with Miami’s “hyper demand” to produce hyperinflation, amid a national five-million-home shortage. His mitigation is leverage—public cash and land supporting projects at 15:1 or 20:1, turning $100 million into $2 billion.

  • Suarez said he had spent two hours and 40 minutes in traffic, then argued that transportation must move beyond “last generation’s archaic solutions,” though he withheld details of Boring Company and eVTOL work. Brightline supplied the concrete model: private capital bought the right-of-way, while Miami’s Tri-Rail connection was made free for inner-city residents. Calacanis framed the mayoral principle as “Do no harm.”

4. AI could turn permitting from a year-long queue into an instant transaction

  • Calacanis’s San Francisco example captured the regulatory burden: an office phone booth can require architect, engineering and design reviews, fees, inspection and dedicated fire sprinklers. The absurdity is useful because it shows how individually defensible rules accumulate into a system that blocks ordinary activity.

  • Suarez rejected the idea that mayors are stuck. Legislators can repeal rules that stopped making sense decades ago, but elected officials must push a bureaucratic class trained to say no and given no reward for experimentation: “Regulation is the other side of the coin from innovation.”

  • The automation thesis rests on repetition. Miami has used the same code for 15 years, and “97 or 98%” of known decisions have already been made under it; a computer could compare a submission against the code, identify corrections and resubmit immediately, replacing permit cycles of six months to a year and a half.

  • Offered regulatory sunsets or one-in, one-out, Suarez preferred the sunset approach. He proposed reviewing 5% annually over 20 years and recertifying rules that still make sense, with the ability to reimplement others later—the reverse of government’s usual habit of allowing regulation to layer on top of itself.

5. Urban margins—not urban victories—anchor Suarez’s political thesis

  • Asked about running for governor, Suarez’s honest non-answer was, “I want to dunk.” He described politics as circumstantial, noted that the president had already weighed in on the Republican primary, and said he would strongly consider an ambassadorship where diplomacy and peace offered high returns on the personal sacrifice.

  • Suarez said his presidential thesis—urban, Hispanic and young voters moving Republican—proved correct: “It just wasn’t me.” Trump still lost Philadelphia, he said, but improving from an 85% loss against Biden to 75% against Kamala created the delta that “gave him Pennsylvania,” helped by podcast appearances the vice president skipped.

  • His closing model of city-building is patient. Cleveland mayor Justin Bibb wants to create the “Miami of Ohio,” but Suarez said ecosystem construction is “a thousand X harder” than company-building: companies take years or decades, while ecosystems take “decades to centuries.”