DIRS.INFO The most relevant business & tech news

☆ 4 ingredients to level up your pasta recipes
▼ + stars: | 2024-05-03 | by ( Karla Walsh | ) edition.cnn.com time to read: +12 min

With “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People,” “I hope that people realize that there’s so much more than they can and should be putting on pasta,” Pashman said. Substitute 3 tablespoons prepackaged toasted rice powder for the 1 teaspoon oil and ¼ cup rice and skip step 1. In a large heatproof bowl, combine the shallots, ¼ cup cilantro, ¼ cup mint, scallions, chili flakes and sugar. Heat the remaining ¼ cup oil in the reserved skillet over high heat until just starting to smoke. Recipe adapted from “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People” by Dan Pashman.

Persons: Dan Pashman, ”, Pashman, “, Harper Collins, ” Pashman, Alla, they’re, Pepe Chili Crisp, He’s, e pepe, Gan Ma, Jing, Dan Liberti, Caesar, Skip, James Park, Chili Crisp, Dan Liberti Dan Pashman’s Larb, browning, Karla Walsh, William Morrow Organizations: CNN, ”, Saucy, Ritz Crackers, Ritz, Sporkful, HarperCollins Publishers Locations: Italy, African, America, Thai, Des Moines , Iowa

☆ Amazon CEO Andy Jassy says he's committed to cost cutting while investing in AI in shareholder letter
▼ + stars: | 2024-04-11 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +41 min

This work diminished short-term revenue, but was best for customers, much appreciated, and should bode well for customers and AWS longer-term. We're also making progress on many of our newer business investments that have the potential to be important to customers and Amazon long-term. Being intentional about building primitives requires patience. Customers building their own FM must tackle several challenges in getting a model into production. Customers' AI models contain some of their most sensitive data.

Persons: Andy Jassy, Jassy, Jeff Bezos, he's, we've, Martha Stewart, Clinique, we're, We've, bode, We're, I've, iterating, We'd, we'd, Fox, affordably, you've, They're, Anthropic, that's, Claude, Dana, debugs, Slack Organizations: Amazon, Services, AWS, Deal, Prime, MGM, Savings, Regions, Citadel, Target, Storage Service, Netflix, Disney, Max, Paramount, CIA, . Intelligence, Amazon Freight, Carrier, Amazon Shipping, Foods, Drones, Amazon Pharmacy, Amazon Clinic, Robotics, Nvidia, Ricoh, NatWest, FMs, Meta, Bridgewater Associates, Farber Cancer Institute, Delta Air Lines, Intuit, KT, Lonely, LexisNexis, Netsmart, Pfizer, PGA, Rocket Companies, Siemens, Media, Inc Locations: North America, U.S, Europe, India, Brazil, Australia, Mexico, Middle East, Africa, Malaysia, New Zealand, Kingdom of Saudi Arabia, Thailand, Berlin, Hulu, Amdocs, Genomics England, GoDaddy, GenAI

☆ From Miami to Melbourne, a quiet revolution is underway to fend off a silent and invisible killer
▼ + stars: | 2024-04-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

Javier Torres | Afp | Getty ImagesA quiet revolution is underway to address a widely underestimated climate challenge: extreme heat. Myrivili said she believes that extreme heat is often overlooked because it lacks the visible drama of roofs being ripped from homes or streets being turned into rivers. Most people wouldn't know that in Australia, extreme heat kills more people than bushfires and floods and storms. Tiffany Crawford Co-chief heat officer of Melbourne, AustraliaThe CDC defines extreme heat as summertime temperatures that are significantly hotter and/or more humid than average. Melbourne, AustraliaTiffany Crawford, co-CHO of Melbourne, told CNBC that extreme heat kills more people in Australia than bushfires, floods and storms.

Persons: Javier Torres, Eleni Myrivili, CHO, Myrivili, Tiffany Crawford Co, Jane Gilbert, We've, Gilbert, Giorgio Viera, Afreen, Dhaka North's CHO, Bushra, Australia Tiffany Crawford, Crawford, Krista Milne, Diego Fedele Organizations: Afp, Getty, CNBC, Centers for Disease Control, CDC, Dade, Dhaka North, Dhaka North's, Nurphoto, Environmental, Station Locations: Quilpue comune, Valparaiso region, Chile, Athens, U.S, Australia, Melbourne, Miami, Miami , Florida, Dhaka, Bangladesh, Australian

☆ California, not Florida, is home to the richest retirement towns in the U.S., according to a new report
▼ + stars: | 2024-03-29 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

There's plenty of towns across the U.S. where Americans can retire affordably and live out their golden years without breaking the bank. Earlier this month, personal finance site GoBankingRates.com ranked the richest retirement towns in the country. Of the 10 richest retirement towns in the country, the wealthiest has a median household income of $166,747 while the No. 10 town's median income is $124,460. California towns dominated the list, with the Golden State being home to not only the richest retirement town in the country but also four of the top 10.

Persons: affordably Organizations: Survey, U.S . Census, Golden State Locations: California, Meanwhile Florida

☆ How shipping containers can make or break the global economy
▼ + stars: | 2024-03-26 | by ( Andrea Miller | In Dreajmiller | ) www.cnbc.com time to read: +4 min

The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe. Supply chain disruptionsDisruptions to global trade can have major impacts on shortages and inflation, causing serious ramifications for American households and businesses. Indeed, inflation cooled alongside the bounce back of the supply chain, according to a White House analysis of the U.S. economy. [It's] an inefficiency born not of container shipping but just of the nature of the global economy." Watch the video above to learn more about how shipping containers enable global trade, why China dominates the shipping industry and what happens after a container shortage.

Persons: Simon Heaney, John Fossey, Good Hope, John McCown, nonresident, McCown, Goetz Alebrand, " Heaney, Heaney Organizations: Drewry, CNBC, Supply, Federal Reserve Bank of San, Center for Maritime Strategy, Federal Maritime Commission, Americas, DHL Global Locations: Federal Reserve Bank of San Francisco, U.S, Iran, Good, Africa, China, Ukraine, Asia

☆ I went on a budget and a luxury safari in Africa. Here's how they compare — and the one thing you really need to look for when booking.
▼ + stars: | 2024-03-14 | by ( Fiona Chandra | ) www.businessinsider.com time to read: +1 min

My big takeaway is that it's really worth paying to be inside a private reserve. Still, it was a wonderful experience, and if I had more money, I may feel differently. But again, as far as the safari experience goes, the private reserve is hard to beat. And if luxurious lodges are out of the question, private reserves can also be visited more affordably. Some lodges inside private reserves, like Shindzela or Rhino River Lodge, can cost around $250 per person per night.

Persons: Fiona Chandra, hadn't, I'm Organizations: Rhino Locations: Africa, Taasa

☆ Uber and Lyft are threatening to leave Minneapolis over a ride-hailing proposal supporters say would guarantee drivers earn the city's minimum wage
▼ + stars: | 2024-03-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

The conversation around ride-hailing driver pay has been heating up across the country over the past year. AdvertisementLoren Balazs, a full-time driver in Minneapolis, told BI he's worried the city council's proposal would hurt his ride-hailing business. The study estimated that a minimum pay rate of $1.21 per mile and $0.49 per minute would guarantee drivers earned the city's minimum wage. AdvertisementThe debate over minimum pay for ride-hailing drivers has been building in Minneapolis for over a year. Tim Walz vetoed a bill that would have established minimum pay standards for Uber and Lyft drivers.

Persons: —, Erin Hatton, Jacob Frey, Lyft, Lyft haven't, Uber, behemoths wouldn't, aren't, Axios, Alexandrea Ravenelle, Sergio Avedian, Guy, Austin, Avedian, Joe Pierce, he'd, Loren Balazs, Sheri Wegner, they'll, Mayor Frey, Tim Walz Organizations: Service, Business, University at Buffalo, Minneapolis City Council, Minneapolis, New, Seattle, Minnesota, University of North, Star Tribune, Minnesota Gov, Uber, Minneapolis City Locations: Minneapolis, Minneapolis ? Minnesota, New York City , Washington, California, Chicago and Massachusetts, Washington, Seattle, Minneapolis . Washington, Alexandrea, University of North Carolina, Minnesota, Twin Cities

☆ Xiaomi bets big on its new electric vehicle — targets 20 million premium users
▼ + stars: | 2024-02-26 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. Xiaomi revealed its SU7 electric car in China in late December but has yet to announce a specific price. Building on its tech capabilities as a telecommunications and smartphone company, Huawei has swiftly become a player in China's electric car market. Apple has yet to formally enter the electric car market despite reports it has been working on one. But the system is due for rollout in the coming months to appliances and the forthcoming car, Lu said.

Persons: Xiaomi, Evelyn Cheng, it's, Weibing Lu, Lu, That's, Lu Xiaomi Organizations: CNBC, Mobile, Apple, Samsung, Porsche –, Huawei, Baic Group, Xiaomi Locations: Evelyn Cheng BEIJING, China, Barcelona, Beijing, Xiaomi, Canalys

☆ Investors bought a record 26% of the affordable houses in the US last quarter
▼ + stars: | 2024-02-15 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

US property investors snapped up 26.1% of low-priced homes in the fourth quarter, a record share. Single-family homes accounted for more than two-thirds of investors' purchases in Q4, at 68.6%. Zooming in, low-priced homes accounted for 46.5% of investor purchases, with mid-priced homes at 24.6% and high-priced homes at 28.8%. Inventory is still low across the country as sellers cling to lower mortgage rates they locked in years ago. It's worth noting though that big institutions make up a small percentage of investors in the market buying homes.

Persons: —, Redfin, Carrie Caruthers, Sheharyar Organizations: Service, Department of Housing, Urban Development Locations: California

☆ Target creates its cheapest in-store brand as spending dips
▼ + stars: | 2024-02-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Target is taking aim at budget-conscious customers with a new value brand with prices for everyday basics that start at less than $1. Most of the items cost less than $10, with the cheapest coming in under $1. The entrance of Dealworthy means a shakeup of two other Target budget-focused brands that it produces: Smartly and Up&Up. The former, which largely focused on household essentials like soap and trash bags, will be discontinued and replaced by Dealworthy items. Up&Up, another affordably priced Target brand, is getting a redesign and will be priced slightly higher than Dealworthy.

Persons: Rick Gomez, ” Neil Saunders, ” Saunders, “, Smartly Organizations: New, New York CNN, Target, Walmart, GlobalData, CNN, “ Locations: New York

☆ ‘Destination Dupes’ and Other Ways to Save Money in 2024
▼ + stars: | 2024-01-31 | by ( Elaine Glusac | ) www.nytimes.com time to read: +1 min

While others focus on New Year’s resolutions, my family and I come up with a dream list of where we want to go. In 2024, more than half of American travelers plan to go where the cost of living is less expensive than their hometown, according to the online travel agency Booking.com. Sixty percent said they would look for “copycat vacations” or cheaper alternatives to expensive places. Frugal strategies — like traveling in off- or shoulder seasons, going where the dollar is strong and sampling unsung destinations — help make the most of your budget. The following destinations offer fresh and affordable incentives to visit in 2024.

Persons: ”, Brett Keller Organizations: Booking.com Locations: Thailand, Cook, South Korea

☆ I moved to Australia to be with my boyfriend and for a better quality of life. I was nervous, but I'm saving money and much happier.
▼ + stars: | 2024-01-29 | by ( Gabriella Ferlita | ) www.businessinsider.com time to read: +6 min

Writer Gabriella Ferlita moved to Queensland, Australia, from the UK at the end of 2023. She said she's unsure how long she'll stay, but is enjoying every minute of her life in Australia. Ferlita and her boyfriend had been together for over two years when they moved to Australia. Gabriella FerlitaCity living had become increasingly impossible to obtain, despite working full-time, freelancing, and babysitting while living in London. Life in Queensland, Australia, is year-round beaches and sunshineFerlita's complex in Queensland has a shared pool.

Persons: Gabriella Ferlita, Ferlita, —, didn't, I'd, Gabriella Ferlita Brits, Australia —, wouldn't, I'm, we've Organizations: Service, Lyon Locations: Queensland, Australia, France, London, Surrey, Sydney

☆ Small business owners gear up for the biggest shopping weekend of the holiday season
▼ + stars: | 2023-11-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

According to a new American Express survey of small business owners, “55% anticipate Small Business Saturday will make a significant contribution to their overall holiday sales this year.” In a consumer survey conducted by the company in October, half of respondents said they plan to participate in the upcoming Small Business Saturday, and 85% said they anticipated shopping small this holiday season. Over the past 13 years, the company says consumers have reported spending nearly $184 billion during Small Business Saturday. American Express estimated that Small Business Saturday drove nearly $18 billion in consumer spending last year. Donnell Johns, who runs Veterans Growing America, an organization that supports veteran- and military-spouse-owned small businesses, said that Small Business Saturday is valuable because it creates an awareness for shopping small. For Ken Moorman, founder of Jirani Coffeehouse in Manassas, Virginia, Small Business Saturday means an average 10% uptick in sales than a typical Saturday.

Persons: Donnell Johns, We’ve, ”, Ken Moorman, “, Covid, ” Moorman, it’s, ” Elizabeth Rutledge, Isabel Casillas Guzman, “ The, Harris, Bidenomics, Biden Organizations: New, New York CNN, Amazon, Walmart, American Express, ”, Small, Express, Business Administration, American Express ’, SBA, “ The Biden, Harris Administration, American, Pacific Islanders Locations: New York, Manassas , Virginia, ”

☆ Target's new favorite buzzword is 'value'
▼ + stars: | 2023-11-15 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

Target 's goal this holiday season: be more like Walmart . The retailer's leaders said customers will see thousands of gift ideas under $25, store displays that highlight affordability and low-priced Thanksgiving ingredients. The company's executive team used the word "value" 17 times. Target has struggled to improve sales as shoppers focus more on essentials while being choosier when buying clothing, electronics and more. Going into the holiday season, nearly two-thirds of those displays meet that standard.

Persons: Kendra Scott, Christina Hennington, Hennington, John Mulligan Organizations: Walmart, Target Locations: Minneapolis

☆ See what the future of zero-emissions transit looks like in suburban Maryland
▼ + stars: | 2023-11-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Montgomery County, Maryland aims to transition its electric bus fleet to zero-emissions by 2035. The microgrid is set to power a transit center for 200 zero-emissions vehicles and be the first on the East Coast to produce green hydrogen from renewables . Montgomery County opted to build a microgrid so it didn't have to rely on power from Pepco, the local utility. A rendering of another sustainable transit depot that Alphastruxure will build in Montgomery County, Maryland. "So we're going to have resilience, we're going to have green power 98% of the time, and we're getting our greenhouse-gas emissions down."

Persons: Catherine Boudreau, Michael Yambrach, Yambrach, Montgomery, AlphaStruxure, Carlyle, that's, Don Scheuerman, we're Organizations: Service, Montgomery, Schneider Electric, Montgomery County Department of General Services Locations: Montgomery County , Maryland, Silver, Montgomery, Montgomery County, Pepco

☆ 50 new EVs are hitting the US soon. It's not clear if there are buyers for them.
▼ + stars: | 2023-10-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

More and more electric vehicles are coming even as demand slows. Some of the new models in the pipeline might appeal more to the new demographic of EV shopper. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Reckoning with the new reality for EV shoppersThis year is stacking up to be huge for electric vehicle growth.

Persons: —, We've, Stephanie Valdez, Streaty, Valdez Organizations: Dealers, Service, Industry, Streaty, Cox Automotive, Ford, GM Locations: wean

☆ The Restaurant Industry Is Undergoing a Badly Needed Revolution - The New York Times
▼ + stars: | 2023-10-20 | by ( Anthony Strong | ) www.nytimes.com time to read: +2 min

I eventually struck out on my own, deciding to play it safe by opening a restaurant with a normal business model. in the United States but has been stuck in a deeply flawed business model with sadly outdated practices. It was also emptying grocery shelves; a friend asked to buy three flats of eggs. My egg friend also desperately needed paper towels, since evidently grocery stores were out of those, too. I took his order, took this as a sign and flipped our space into a general store.

Persons: affordably Locations: United States

While we've been sharing the very best Prime Day deals throughout the sale, there are some great finds our editors recommend snagging right now. William Antonelli, tech reporterAmazonI'm taking this Prime Day to upgrade some of the old gadgets I've got in my house. I go through many shoes when training for marathons, and Prime Day is when I pick up a new pair or two. Last Prime Day, I purchased the Asics Men's Gel-Nimbus 24 Running Shoes. These Prime Day deals most certainly took a bite out of my wallet, but at a fraction of the price you'd normally pay for these items.

Persons: we've, they've, Lauren Savoie, Sephora, I'm, I've, William Antonelli, James Brains, Jaclyn Turner, who's, Keepa, it's, Lisa Sabatini, It's, I'd, Sarah Saril, Amazon Organizations: Amazon, Logitech, Philips, Machine, Prime

☆ Want to build a tiny home in your backyard? Here's how you can finance it.
▼ + stars: | 2023-10-02 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

Backyard tiny homes, called ADUs, are becoming increasingly popular. AdvertisementAdvertisementBackyard tiny homes, called accessory dwelling units or ADUs, are becoming more popular as some state and local governments roll back zoning restrictions. That's because government-backed mortgage providers Fannie Mae and Freddie Mac set the strict standard for all other mortgage lenders. Sometimes, when financing an ADU loan, programs like RCUs may consider the property's worth after the ADU is constructed when underwriting the loan. Clark and her husband moved into the main home, and Sandoval-Clark and her family live in the ADU.

Persons: —, Fannie Mae, Freddie Mac, Freddie, Ryan O'Connell, you've, Peter Bohler, Suszi Lurie McFadden, O'Connell, RCU, RenoFi, it's, Katie Sandoval Clark, Marshall, Barbara Clark, Mother Barbara Clark, Katie Sandoval, Clark, Sandoval Organizations: Service, CAST, —, Denver Post, Redwood Credit Union, ADUs, Area Locations: California, — New York , California, Vermont, Denver , Colorado, Napa County , California

☆ I moved into an ADU in my California backyard. It allowed me to leave my 9-to-5 and I even save $5,000 a month.
▼ + stars: | 2023-09-27 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

In 2019, Julie Fornasero and her husband, Tim Logan, decided to rent out their primary home. The couple moved into a 500-square-foot accessory dwelling unit, or ADU, they put in their backyard. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My husband, Tim, is a technology consultant. AdvertisementAdvertisementIn 2019, a tenant moved into the main house and we moved into the ADU.

Persons: Julie Fornasero, Tim Logan, —, Tim, Marin, Logan Organizations: Service Locations: Marin County , California, San Francisco, California

☆ NASA awarded $850,000 to a company that wants to pick up space trash the old-fashioned way — with bags
▼ + stars: | 2023-09-23 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

NASA awarded TransAstra an $850,000 contract for its concept of Flytrap capture bags. Flytrap bags could be built large enough to scoop up space trash the size of a house. He looked up and saw a piece of space junk embedded in the window of the shuttle. The European Space Agency estimates over 330 million pieces of space debris are circling the Earth. AdvertisementAdvertisementBarnhart, whose company aims to build space outposts, said recycling in space could be a reality within five to 10 years.

Persons: Joel C, Sercel, TransAstra, NASA TransAstra's, Dave Barnhart, Barnhart, NASA SBIR, it'll, that's, it's Organizations: NASA, Service, European Space Agency, Department of Astronautical Engineering, University of South, Arkisys Inc Locations: Wall, Silicon, University of South Carolina

☆ This Montana college town ranks No. 1 as the most fun city for young people—what it's like to live there
▼ + stars: | 2023-09-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

The metro area around Missoula, Montana, ranked No. Tucked away in western Montana is America's most fun city for young adults. "There are so many big names, it doesn't make sense for how big the area is," Tong says. Don't miss: These are the top 10 states for young workers to find jobs, live affordably and have funMissoula ranks No. Tong says one big misconception of living in Missoula is that college students are everywhere, but she hasn't found that to be the case.

Persons: DeJohn, Jaclyn DeJohn, Sturgell, Tong, Brandon Sturgell, Summer Tong, Bon Iver, Jimmy Eat, Elton John, hasn't, we've Organizations: University of Montana's, MIT, Wilma Theatre downtown, Missoula, CNBC Locations: Missoula, Missoula , Montana, Montana, U.S, Tulsa, Okla, Mont, Portland ,, Denver

☆ These are the top 10 states for young workers to find jobs, live affordably and have fun
▼ + stars: | 2023-09-17 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

And according to one report, Massachusetts is the best state that offers young workers plenty of jobs, affordable living and fun amenities. The New England state ranks No. These are the top 10 states for young workers to find jobs, live affordably and have fun, according to Scholaroo:Massachusetts Rhode Island New Hampshire Maryland Connecticut Vermont Washington Minnesota New Jersey OregonMassachusetts, in particular, ranks highly for jobs, health and workplace diversity factors, but trails in its affordability. It also ranks highly safety, workplace diversity and leisure, but scores lowest on the jobs front. The Scholaroo analysis also ranks states by subcategories across jobs, finances and lifestyle aspects.

Organizations: U.S . Labor Department, Census, Scholaroo : Massachusetts Rhode, Scholaroo : Massachusetts Rhode Island New Hampshire Maryland Connecticut Vermont, Rhode, South :, CNBC Locations: Massachusetts, New England, Scholaroo, Scholaroo : Massachusetts, Scholaroo : Massachusetts Rhode Island New Hampshire Maryland, Scholaroo : Massachusetts Rhode Island New Hampshire Maryland Connecticut Vermont Washington Minnesota New Jersey Oregon Massachusetts, New York, California, New Hampshire, U.S, North Dakota, Hawaii, South, South : West Virginia , Mississippi , Alabama, Louisiana, Oklahoma

☆ Meta's WhatsApp is chasing big businesses in effort to finally capitalize on app's popularity
▼ + stars: | 2023-09-01 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +14 min

Newton-Rex joined WhatsApp four years ago, leaving her high-level position at London-based financial firm WorldRemit for the new gig. Newton-Rex said Zuckerberg has been "a big part of the team," adding that he regularly speaks with Will Cathcart, the current head of WhatsApp. What's up with WhatsApp's business? In June, Meta said the WhatsApp Business app had quadrupled in the past three years to 200 million monthly active users. The Pew Research Center has previously detailed that WhatsApp is the most popular messaging app used by Hispanic Americans.

Persons: Mark Zuckerberg, WhatsApp, it's, It's, sidelining WhatsApp, Rather, Zuckerberg, Jim Cramer, Alice Newton, Rex, Uber, Newton, WorldRemit, Will Cathcart, Nick Lane, Debra Aho Williamson, Williamson, Jan Koum, Brian Acton, Jan Koum David Ramos, Acton, Koum, Meta, Meta's, that's, Mobilesquared's Lane, Lane Organizations: Facebook, Meta, CNBC, Consumers, Netflix, Insider Intelligence, Getty, Reuters It's, Intelligence, Pew Research Center, Twitter, Cambridge, SMS Locations: WhatsApp, India, Brazil, London, Indonesia, Colombia, Singapore, Newton, U.S, Canada, Spain, Italy, Argentina, North

☆ A California homeowner fixed up her converted garage and rents it on Airbnb. It now pays for her mortgage.
▼ + stars: | 2023-08-31 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Selma Hepp renovated a converted garage in her Burbank backyard and now rents it on Airbnb. The state has passed a series of laws allowing for, and in some cases helping pay for, ADU construction. Courtesy of Selma HeppEighteen months into the process, Hepp finally had drawings from a different architect. During the course of construction, Hepp started dating someone new, and they ended up buying a home in Mid City, a neighborhood in Central Los Angeles. She also managed to refinance her mortgage a few times over the past several years and pays $2,700 a month, which is now covered by her ADU's rental income.

Persons: Selma Hepp, Hepp's, Hepp, It's Organizations: Service, Terner Center, Housing Innovation, University of California, Construction, Hollywood, Universal, Burbank Studios, Warner Bros . Locations: Burbank, Wall, Silicon, Burbank , California, Croatia, California, Berkeley, Los Angeles, Mid City, Central Los Angeles

Search resuls for: "affordably"

25 mentions found