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☆ This Italian town is struggling to sell off its empty homes for one euro. Here’s why
▼ + stars: | 2024-03-24 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +9 min

Abandoned homesItalian village Patrica, located south of Rome, is struggling to offload its abandoned homes. Public callMany of the town's local families left in search of a brighter future elsewhere, leaving their homes empty for decades. Some of the houses are simply too neglected to sell, even if the owners were willing to agree to it. But the town’s ready-to-occupy homes, with two-bedroom properties starting at 20,000 euros ($21,832,) proved to be more appealing. “There is interest, but then when many (foreigners) actually see the bad shape of the old homes they’d prefer to opt for turn-key apartments that are already restyled or in need of just minor fixes,” says Grossi.

Persons: CNN —, Lucio Fiordaliso, who’ve, “, Fiordaliso, ”, Patrica Fiordaliso, it’s, Patrica, Gianni Valleco, ’, Valleco, Alessandra Pagliarosi, Patricia, Pagliarosi, Ilario Grossi, Fiordaliso hasn’t Organizations: CNN, ”, Local Locations: Mussomeli, Sicily, Zungoli, Campania, Rome, Italy, Patrica, Canada, Argentina, Europe, Ceccano

☆ An Italian town that offered $1 homes was transformed by an influx of remote workers and tourism
▼ + stars: | 2024-03-06 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

The sales led to an influx of tourists, remote workers, and investment, Toti Nigrelli added. AdvertisementIt all began with an enticing offer: homes in a picturesque Sicilian town for just one euro, barely more than a dollar. According to Mussomeli's deputy mayor, who helped launch the initiative in 2017, it sparked a total revitalization of the once-underpopulated town, attracting tourists, remote workers, and investment to the area. Toti Nigrelli told Business Insider in a documentary that before the program's implementation, Mussomeli faced major depopulation issues. This story is available exclusively to Business Insider subscribers.

Persons: Mussomeli, Toti Nigrelli, — Organizations: Service, Business Locations: Sicily, underpopulated

☆ This family bought a cheap house in Italy because the US is too expensive
▼ + stars: | 2023-10-04 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

Cost of living impactChris and Jennifer Tidroski purchased a €26,000 home in a building in the village of Latronico, Italy after becoming frustrated with life in the US. The couple say that the cost of living in the US has become too high, especially when it comes to healthcare. Chris explains that the political polarization in the US has been a contributing factor in their decision to relocate to Italy. Although the costs were slightly more than they estimated, the Tidroskis say they couldn’t have afforded a similar house in the US. While his mother was Italian, Chris’ father was Polish-Lithuanian.

Persons: they’ve, Chris, Jennifer Tidroski, who’ve, Chris Tidroski, “, Lidia, ” Chris Tidroski, ”, Vincenzo Castellano, Mariangela Tortorella, expats, Jennifer, Chris Tidroski “, She’ll, They’ve, Chris Tidroski He’s, Castellano, Chris ’, he’d, don’t Organizations: CNN Locations: America, Italy, Prescott , Arizona, Latronico, Southern Italian, Basilicata, States, “, Arizona, Italian, Polish

☆ Has Scott Joplin’s ‘Thoroughly American Opera’ Found Its Moment?
▼ + stars: | 2023-07-27 | by ( Zachary Woolfe | More About Zachary Woolfe | ) www.nytimes.com time to read: +2 min

The singers who played the couple became Treemonisha and her adoring friend, Remus, in the opera proper. More stylized — and effective, and relevant — was the conception, in an entirely different sound world than Joplin’s, by the Isango Ensemble. “We wanted to show quite clearly that if Monisha doesn’t take that child, that child is going to die,” Dornford-May said. With the poverty in the townships — life expectancy of 49, TB rife, H.I.V. rife — with that sense of poverty, disease and death hanging over people, to take in another mouth to feed is extraordinary.”

Persons: Louis, Berlin, Chilton, Joplin, Remus, Alexander —, Rajendra, Justin Austin vibrated, Mark Dornford, wasn’t, “, Monisha, ” Dornford, ” Locations: St, Joplin, Cape Town, South Africa, Caen, France, America

☆ Why Silicon Valleys massive layoffs haven't hit Detroit automakers
▼ + stars: | 2023-02-05 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +4 min

The auto industry could benefit from tech layoffs. But the auto industry doesn't need to undergo massive cuts — mostly because they already have over the past few years. Tech companies, meanwhile, had enjoyed a decade of unmitigated growth thanks to low interest rates and a flood of new investor money. "Legacy auto is underpopulated in order to fully go after the future of mobility — primarily, electrification, batteries, and software." The auto industry could benefit from tech layoffsWhile tech sheds thousands of jobs, automakers are desperate for workers.

☆ Tech giants have cut tens of thousands of jobs. Automakers are ready to hire them.
▼ + stars: | 2023-01-29 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +4 min

But the auto industry doesn't need to undergo massive cuts — mostly because they already have over the past few years. Tech companies, meanwhile, had enjoyed a decade of unmitigated growth thanks to low interest rates and a floor of new investor money. As these companies enter a new phase and a different economy, the tech industry is experiencing its first real belt-tightening. The auto industry could benefit from tech layoffsWhile tech sheds thousands of jobs, automakers are desperate for workers. "The war for talent in the automotive industry is still raging and the talent pool is still relatively small."

Tokyo CNN —Japan is offering to pay families to move out of its overcrowded capital, in an effort to revitalize countryside towns and boost the falling birth rate. But this migration pattern, combined with Japan’s rapidly aging population, has left rural towns with fewer and fewer residents, as well as millions of unoccupied homes. Tokyo is consistently one of the world’s most expensive cities to live in, ranking fifth globally in 2022. For example, Tokyo has the lowest fertility rate of all 47 prefectures in Japan. Some rural towns have even begun paying couples who live there to have children.

Vindman first joined Twitter while working in the Trump administration because it was often the way his then-boss, the president, made policy. His wife, liberal activist and podcaster Rachel Vindman, has almost 400,000 followers, making them a progressive Twitter power couple. In a clubby city obsessed with status and information, Twitter delivers both, all from the comfort of one’s mobile phone. No one wants to leave Twitter until everyone else does, but there’s no obvious place to go next. Some think Musk will kill Twitter regardless of whether there’s a mass exodus of its users.

☆ ‘The Peripheral’ Review: Dystopian Futures Not Very Far Away
▼ + stars: | 2022-10-21 | by ( John Anderson | ) www.wsj.com time to read: 1 min

In the 2099 London imagined by “The Peripheral,” the Gherkin, the Eye and the Strand have all survived. So has kitsch: A 1,000-foot Venus de Milo shadows Big Ben. (“Winged Victory” is elsewhere, along with gargantuan versions of the Discobolus of Myron and the David of Michelangelo). Some institutions seem to have simply vanished: You can rent out Buckingham Palace for company parties, if you can assemble enough humans for a party. Whatever has gone on since the year 2032, it hasn’t been good.

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