DIRS.INFO The most relevant business & tech news

☆ Gen Z is finding career advice, dream jobs and even getting hired on TikTok: It's 'the most accessible resource'
▼ + stars: | 2024-05-31 | by ( ) www.cnbc.com time to read: +9 min

CNBC Make It explores how Gen Zers are really putting their mark on career advice, office culture and more. But it's also become a popular destination for young jobseekers seeking career advice and opportunities. Much of the career advice on TikTok echoes the tips shared in podcasts, YouTube videos and LinkedIn thought pieces. The career confidante for Gen ZTikTok is often the first place Grace Dunlavy will go for career advice. The drawbacks of getting career advice on TikTok

Persons: Jade Walters, Gen, Zers, Baron Leung didn't, Leung, Weeks, TikTok, Baron Leung, it's, jobseekers, Z, Joe Biden, It's, Walters, I've, Gen Z, Grace Dunlavy, Dunlavy, New York — Organizations: TikTok, CNBC, LinkedIn, Zenith, Pew Research Center, Howard University, Saint Louis University Locations: Toronto, U.S, Chicago, New York

☆ 4 New Horror Books to Read, Including Stephen King’s Latest Collection
▼ + stars: | 2024-05-31 | by ( Gabino Iglesias | ) www.nytimes.com time to read: +1 min

YOU LIKE IT DARKER: Stories (Scribner, 502 pp., $30) is an outstanding collection from Stephen King, the master of horror, that features 12 eerie tales full of darkness, loss, danger, resilience and even aliens. There are no throwaways here, but some stories merit individual attention. Its gradual slide into terror perfectly sets the tone for the entire collection. “The Fifth Step,” about a man who opens up to a stranger in a park, is a literary shanking — it’s fast and violent in equal measure. “On Slide Inn Road,” about a family that encounters two murderers while stuck on a country road, is a master class in tension and is full of King’s dark humor.

Persons: Scribner, Stephen King, ”, creatives, Danny Coughlin’s, arithmomania hellbent

☆ I changed my name for both of my failed marriages. I'm never doing it again.
▼ + stars: | 2024-05-31 | by ( Andrea Javor | ) www.businessinsider.com time to read: +4 min

But, during all of the emotional, logistical, and legal stresses of going through my second divorce, one problem often felt worse than others: changing my name, again. I had changed my name beforeI never felt particularly attached to my maiden name. In addition to the humiliation at work, I also changed my Facebook, Instagram, Pinterest and LinkedIn profile names back to my maiden name. It's ironic, really, that I worked in marketing for decades and didn't value the brand of my given name. The second time I didn't change it legally but did publiclyIn my second marriage, while I didn't change my name legally, I did adjust my social media handles to reflect my marital status.

Persons: I've, I'd, Andrea Ellen Javor, Andrea Javor Organizations: Service, sheepishly, Facebook, LinkedIn Locations: Chicago

☆ Travelers are booking open-jaw flights to Europe to save money and extend trips. A travel advisor explains how it works.
▼ + stars: | 2024-05-31 | by ( Joey Hadden | ) www.businessinsider.com time to read: +4 min

"But in the past nine months, open-jaw flights have been less expensive and offer additional flexibility for seeing multiple destinations without being rushed." Manuel Romano/NurPhoto via Getty ImagesBhagwan told BI that she often suggests open-jaw flights for clients, especially those traveling to Europe. BI previously reported that these flights are typically cheaper than one-way flights. And a train from Rome to Barcelona may cost around $80, according to Rail Europe, so open-jaw flights would save $220. AdvertisementTraveling to Europe can be expensive, but open-jaw flights can make them more affordable when visiting multiple cities.

Persons: —, Sonia Bhagwan, Manuel Romano, Bhagwan Organizations: Service, Business, Getty Images Bhagwan, Google, Rail Locations: Europe, Rome, England, Spain, Italy, NYC, Barcelona, Rail Europe, Indianapolis, Paris, Madrid

☆ Trump’s conviction: The former US president is trending on Chinese social media, and many are rejoicing
▼ + stars: | 2024-05-31 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

And as China woke up Friday to the news of Trump’s conviction on 34 felony counts of falsifying business records, the country’s heavily censored social media lit up. Under leader Xi Jinping, China’s most assertive leader in decades, the country’s social media platforms have become increasingly dominated by anti-American, nationalistic voices. Second, can he still run for president?”But analysts say Trump’s conviction could be a tricky topic for Chinese state propagandists to navigate. So far, Chinese state media outlets have yet to publish the kind of blistering commentaries that previously appeared alongside news coverage of Trump’s legal entanglements. Alfred Wu, an associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, said China’s state media is unlikely to play up the coverage in the days ahead.

Persons: Donald Trump, it’s, Communist Party —, China’s, “ Trump’s, ”, Trump, Chuan Jianguo, “ Trump, influencers, Xi Jinping, –, Hu Xijin, “, Bill Bishop, Alfred Wu, Lee, they’re, Wu Organizations: CNN, Communist Party, Xinhua, Washington, Global Times, Lee Kuan Yew, of Public, National University of Singapore Locations: China, United States, Weibo, Beijing, America

☆ How East West Bancorp has gained an edge by serving the Asian American community
▼ + stars: | 2024-05-31 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

East West Bancorp shares have eked out a small gain in 2024, up 2%. Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. American dream = home ownershipPart of what's helping East West succeed with Asian Americans goes all the way back to its origins. East West Bancorp was founded in 1973 as a federal savings and loan in the Los Angeles area to service the Chinese American and immigrant community struggling to obtain mortgages and business loans. East West also drives cross-border activity between the U.S. and other Asian countries, such as Thailand and Vietnam.

Persons: Alexander Yokum, Wells, Timur Braziler, Fannie Mae, Freddie Mac, —, Braziler, Christopher Del Moral, Niles, it's, Del, Steven Leung, Leung, CFRA's Yokum, Yokum, Dominic Ng, that's Organizations: East West Bancorp, Regional Banking, Bancorp, West Bancorp, CFRA, Federal Housing Finance Agency, East, East West, U.S, Bancorp's Locations: Southern California, U.S, United States, East, Los Angeles, Asia, FactSet, East West, New York, Beijing, China, Shanghai, Thailand, Vietnam, Washington

☆ Mortgage payments have grown the most in this U.S. city over the past 2 years—it's not New York or San Francisco
▼ + stars: | 2024-05-30 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Since May 2022, homeownership costs have grown twice as fast as incomes, putting the dream of owning property out of reach for many Americans. During that time, median mortgage payments rose from $2,319 to $2,835, per data provided by Redfin. To get a better sense of how rising prices have affected different markets, Redfin compared mortgage payments for 50 of the largest U.S. cities in May 2022 with May 2024. The city has a rich cultural history and is near Boston and New York, making it a popular market for second homes. Monthly payments increased in places like Ohio and Wisconsin, but are still well below the 2024 national median of $2,835.

Persons: Redfin Organizations: Redfin, CNBC, New, Cleveland, Virginia, Pittsburgh Locations: Providence , Rhode Island, Newark , New Jersey, Anaheim , California, Milwaukee, Brunswick , New Jersey, New York City, Cincinnati , Ohio, Indianapolis, Montgomery County , Pennsylvania, Boston, Columbus , Ohio, Nassau County , New York, Philadelphia, Angeles, Chicago, Virginia Beach , Virginia, Diego, Baltimore, Los Angeles and New York City, New York, Ohio, Wisconsin

☆ Jadon Sancho: Borussia Dortmund star speaks to CNN about looking for Wembley redemption in Champions League final
▼ + stars: | 2024-05-30 | by ( Zayn Nabbi | Darren Lewis | ) edition.cnn.com time to read: +6 min

CNN —Borussia Dortmund star Jadon Sancho is the first to admit “it’s kind of crazy” the way his season has panned out. “It’s kind of crazy, you know, I don’t think anyone would have expected this – me being in the Champions League final, especially where I came from. I don’t think I’ve fully recovered yet on that part, but I’m trying my best to get over that,” Sancho admitted to CNN Sport. Sancho proved a constant threat against PSG throughout the two legs of the Champions League semifinal. The last player to better that mark in the Champions League?

Persons: Jadon Sancho, Die, “ I’m, ” Sancho, Darren Lewis, it’s, I’ve, –, I’m, Sancho –, Saka, Marcus Rashford –, he’d, Sancho, Richard Heathcote, Germain, Lionel Messi, “, ”, Cristiano Ronaldo, idolizing, Jude Bellingham, Alexandre Simoes, Vinícius Jr, Kylian Mbappé, Harry Kane, “ Harry Kane, Bayern Munich, “ Vinícius, Jude, “ Mbappé, Blancos, He’s Organizations: CNN — Borussia Dortmund, Champions League, Manchester United, European, Wembley, CNN, “, Borussia Dortmund, CNN Sport, United, FA, Brighton, PSG, Getty, Paris Saint, Tottenham, RB Leipzig, Real Madrid, La Liga, Ballon, Bayern, League Locations: Dortmund, London, South, Camberwell, Kennington, Italy, Germany, Bellingham, Berlin, England, Mbappé, Spanish

☆ For the first time in 323 years, Yale has elected a woman as its permanent president
▼ + stars: | 2024-05-30 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

History has been made at Yale University as Maurie McInnis becomes the first woman to be named permanent president of the Ivy League school. She has served as a Yale trustee since 2022 and earned master's degree and doctorate from Yale, per the school's announcement Wednesday morning. Yale has had only one other female leader, the historian Hanna Holborn Gray, who served as interim president from 1977 to 1978. It is the last Ivy League school to name a permanent woman president. In an interview with the Yale Daily News, McInnis expressed her gratitude for being elected president and reiterated her commitment to "tackle the world's most pressing challenges."

Persons: Maurie McInnis, McInnis, Hanna Holborn Gray, Peter Salovey, Joshua Bekenstein, — Organizations: Yale University, Ivy League, Yale, Stony Brook University, University of Texas, University of Virginia, Bain Capital, Yale Corporation, Yale Daily News, Harvard University, University of Pennsylvania, Cornell University, Stony Brook, CNBC Locations: New Haven , Connecticut, Long, New York, Austin, Israel, Stony

☆ Zero-down mortgages are making a comeback
▼ + stars: | 2024-05-30 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

That massive roadblock is being removed by a new zero-percent down mortgage program launched two weeks ago by one of the nation’s largest mortgage lenders. ‘Demand has been huge’These mortgages are only open to first-time homebuyers and those making no more than 80% of the area’s median income. That’s because in order to refinance at a lower rate, the homeowner would need to fully pay off that second mortgage. For instance, Bank of America launched a zero-down payment mortgage program in 2022 for first-time homebuyers in certain Black and Hispanic neighborhoods. “These mortgages are going to be ticking time bombs – just like subprime mortgages –unless home prices continue to increase very substantially,” Kelleher said.

Persons: Mat Ishbia, homebuyers, Christian Petersen, refinances, UWM, ” Alex Elezaj, they’d, ”, Patricia McCoy, McCoy, won’t, Bankrate, ‘, Anneliese Lederer, ” Lederer, ” Dennis Kelleher, ” Kelleher, Jonathan Adams, ” UWM, Elezaj, “, ” Elezaj, ” It’s, “ We’re, Greg McBride, Adams, ” Adams Organizations: CNN, United Wholesale Mortgage, Phoenix Suns NBA, Phoenix Suns, NBA, Oklahoma City, Footprint Center, Boston College Law School, Consumer Financial Protection Bureau, Federal Reserve, Bank of America, US Department of Agriculture, US Department of Veterans Affairs, Center for Responsible, Better, Saint Joseph’s University, Bankrate, “, Wall Street Locations: Phoenix , Arizona

☆ 15 rising stars in influencer management building impressive talent rosters and making waves in the creator economy
▼ + stars: | 2024-05-30 | by ( Shriya Bhattacharya | Amanda Perelli | ) www.businessinsider.com time to read: +1 min

There's a new group of talent managers making waves in the creator ecosystem. Business Insider is highlighting 15 rising stars helping influencers build their brands. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA new crop of professionals has entered the talent manager space. This story is available exclusively to Business Insider subscribers.

Persons: influencers, —, Al Baker Organizations: Service, B Digital Management, Business

☆ I had nightmares and started drinking heavily because I was so burned out at work. Quitting was the only way out.
▼ + stars: | 2024-05-30 | by ( Jamie Killin | ) www.businessinsider.com time to read: +8 min

Harley Davidson was my first opportunity to work on the client side of marketing, not the agency side. AdvertisementThis pattern became more unhealthy at Harley Davidson. He was telling me, "You're going to be the president of Harley Davidson. Shortly after, I started drinking heavily to cope with the stress and help myself fall asleep. AdvertisementI quit Harley Davidson in September 2016, and I stopped having nightmares.

Persons: —, Shelley Paxton, Hagen Dazs, I'd, Harley Davidson, wouldn't, You've, Harley, I've Organizations: Service, Business, Boston College, AOL, Visa, Global Integrated Marketing, Omnicom Media Locations: Minneapolis, East, Boston, Chicago, Europe, Istanbul, United States, Shanghai, France, New Zealand, Canada, Italy

☆ Mount Everest climber sets record for fastest ascent by a woman
▼ + stars: | 2024-05-29 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

CNN —Twenty-four hours and 26 minutes, without stopping to sleep: Nepal’s Phunjo Lama has just broken the world record for the fastest ascent of Mount Everest by a woman. Her journey from Everest Base Camp to the top took 14 hours and 31 minutes, then the descent from Everest was another nine hours and 18 minutes. Due to the limited climbing season and challenging conditions on Mount Everest, the window to reach the top of the mountain is small. That record was broken in 2021 by Hong Kong native Ada Tsang in 25 hours and 50 minutes. Currently, the record for fastest ascent by a male climber is 10 hours and 56 minutes, set by Nepali Lhakpa Gelu Sherpa in 2003.

Persons: CNN —, Lama, Samantha McMahon, Ada Tsang, she’s, “, Kim Lal Gautam, Niranjan Shrestha Organizations: CNN, Everest Base, Base, Guinness World Records, Lhakpa, Guinness Locations: Everest, Base, Hong Kong, Kathmandu, “, North America, Pakistan

☆ I quit my Big Tech dream job to work for myself. I loved the perks and the 6-figure salary, but the hustle culture wasn't worth it.
▼ + stars: | 2024-05-29 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

I always wanted to work in Big Tech, and when I graduated from college, I made it happen. Working in Big Tech has lots of perksI loved learning how each of these big companies operated. Related storiesI realized I was just making big companies more money. The people around me would only talk about other tech companies and tech advancements and only hang out with other tech workers. Since leaving Big Tech, I feel like a new personI'm so much happier now.

Persons: —, Jean Kang, who's, It's, Pinterest, overdeliver, I'm, I'd, hustles, I've, would've Organizations: Service, Meta, Intuit, LinkedIn, Big Tech, Business, Big Locations: San Francisco, Big, Big Tech, Japan, Korea

☆ Leslye Headland Hopes the Force Is With ‘The Acolyte’
▼ + stars: | 2024-05-29 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

Leslye Headland has been telling “Star Wars” stories onscreen since she was a teenager. Ostracized at school for being different, she retreated inward, making stop-motion films starring her action figures. So when she found success as an adult in Hollywood — Headland helped create “Russian Doll,” the 2019 Netflix comedy starring Natasha Lyonne — and got the chance to create an actual “Star Wars” show, it was the realization of a lifelong dream. “I essentially cold-called Lucasfilm and, after a lot of conversations, found myself pitching a show — utterly elated, my ultimate career goal, the culmination of my fandom,” Headland said. I had never done anything this big before.”Headland’s show, “The Acolyte,” will debut on Disney+ on June 4.

Persons: Headland, Hollywood — Headland, Natasha Lyonne —, ” Headland, “, ”, — Organizations: Netflix, Lucasfilm, Disney, “ Locations: Hollywood —

☆ America’s richest self-made woman grew up on a dairy farm—now she has a net worth of $20.9 billion
▼ + stars: | 2024-05-29 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Today, the 77-year-old has an estimated net worth of $20.9 billion — nearly double her reported net worth from just two years ago — topping Forbes' most recent list of America's Richest Self-Made Women for the seventh year in a row. Her fortune is largely from her roofing supplies ABC Supply. ABC Supply brought in $20.4 billion in revenue last year and has more than 900 branch locations, according to Forbes. After she met and married roof contractor Ken Hendricks in the 1970s, the duo co-founded ABC Supply. The company hit $1 billion in annual sales for the first time in 1998, according to the company's website.

Persons: Diane Hendricks, Erik Prince, Hendricks, Forbes, —, I'd, Ken Hendricks Organizations: Blackwater, Beloit College, Forbes, Supply, ABC Supply Locations: Beloit, Wis, Osseo , Wisconsin, Beloit , Wisconsin

☆ Gmail is stuck in the Stone Age. It needs to update its tabbed inbox.
▼ + stars: | 2024-05-29 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewI don't think I know anyone who feels good about their email inbox. When Google introduced the tabbed inbox in 2013, I was in heaven. Since then, the tabbed inbox has fallen behind, unable to keep up with the ways that email has changed since 2013. Screenshot / Business InsiderGoogle has apparently noticed that the tabbed inbox isn't meeting today's needs, and will soon roll out an update meant to alleviate the burden of the swollen Primary inbox. I demand a Newsletters tabBut this still isn't what I dream of getting out of a tabbed inbox.

Persons: —, it's, Merrell, I've Organizations: Service, Business, Google, Old, Facebook, Boston Globe, Gmail, BI Locations: TikTok

☆ More people will never own a home — they're the 'forever renters'
▼ + stars: | 2024-05-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

These "forever renters" vary widely in their reasons for not pursuing home ownership. Others prefer the flexibility to move and freedom from ownership costs that renters enjoy. Homeownership and renting have numerous pros and cons, making it hard to say whether forever renters are acting shrewdly or making a big mistake. Renters avoid large down payments and the varying costs of homeownership, such as mortgage payments, taxes, maintenance, and repairs. It's also cheaper to change the place you're renting than the place you're buying because of real-estate agent fees."

Persons: —, Grant Wilson, Eunjee Kwon, David Brasington, Kautz, There's, Colin Lizieri, they've Organizations: Service, Business, University of Regina, University of Cincinnati, University of Cambridge Locations: Germany, Switzerland

☆ I left my career in Big Tech and $300,000 a year to work for myself. I no longer have anxiety and am so much happier.
▼ + stars: | 2024-05-29 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

☆ ‘Eric’ review: Benedict Cumberbatch pulls the right strings in Netflix series about a puppeteer and his missing son
▼ + stars: | 2024-05-29 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —Weird, dark but compulsively watchable, “Eric” stars Benedict Cumberbatch and a hulking foul-mouthed puppet, not necessarily in that order. When Edgar abruptly goes missing, both parents blame Vincent, who becomes convinced his child’s drawings of an ogre-like puppet named Eric are somehow the key to finding him. As Vincent turns to self-medication to ease his anxiety and guilt, Eric appears to him, and him alone, ostensibly to help him locate the boy. Ivan Howe plays the missing child in Netflix's "Eric." Eric might need somebody to pull his strings, but give credit to “Eric” – especially considering the challenging nature of the concept – for so effectively tying those threads together.

Persons: “ Eric ”, Benedict Cumberbatch, Edgar, Ivan Howe, Vincent, Cumberbatch, ”, Cassie, Gaby Hoffmann, isn’t, Eric, Lennie, Dan Fogler, Abi Morgan, McKinley Belcher III, –, hasn’t, Henry Sugar, Morgan, Eric ”, “ Eric ” – Organizations: CNN, Netflix, “ Locations: New York, Netflix's, Welsh, York

☆ Intuit QuickBooks' new $10,000 grant program could scale your business. Here's how to apply.
▼ + stars: | 2024-05-29 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

This Small Business Month, Intuit QuickBooks is launching a grant program to help small business owners grow their businesses. From the end of December to the end of March, small business employment declined by 0.44%, according to the latest release from the Intuit QuickBooks Small Business Index. The Intuit QuickBooks Grant Program, designed to help small business owners across the US run and grow their businesses, will award 20 small business owners with $10,000 and three months of business coaching. AdvertisementThe Intuit QuickBooks Grant Program will launch May 28, 2024, and applications will be accepted until 11:59pm PT on June 30. Click here to learn more about the Intuit QuickBooks Grant Program and how your small business can apply.

Persons: Emma Rodgers Organizations: Intuit QuickBooks, US Small Business Administration, Intuit, Marketing, Revenue, www.QuickBooks.com, Insider Studios Locations: Intuit's, QuickBooks

☆ The double-level airplane seat is back. This time, there’s a first-class version
▼ + stars: | 2024-05-28 | by ( Francesca Street | ) edition.cnn.com time to read: +12 min

He’s spent his twenties – all five years of them so far – perfecting his vision for economy class dual-level seating. At 6 feet 2 inches (1.88 meters), Núñez Vicente was used to cramped airplane journeys in which he struggled for legroom and struggled to sleep. He imagines the Chaise Longue seats in the middle of each cabin, flanked by regular seating on either side. Testing out the conceptHere's the lower level of the business-class/first-class version of the dual-level seat concept. Here's Núñez Vicente demonstrating what it's like to lie flat in the lower level seat.

Persons: Germany CNN —, Alejandro Núñez Vicente, He’s, he’s, Núñez Vicente, ”, “, Francesca, Steve Jobs, Núñez Vicente won’t, Clara Service Soto, – they’re, Recaro, Safran, Longue, Tapis –, Nunez Vicente, Service Soto, It’s, Francesca Street, you’re, Here's Núñez Vicente, you’d, There’s, Clara, CNN “, ” Núñez Vicente, Vicente, he’ll Organizations: CNN, Germany CNN, CNN Travel, Aircraft, CNN Travel exclusives, Service, legroom, Singapore Airlines ’, AIX, Clara Service Locations: Hamburg, Germany, ”, –, Emirates

☆ Some Asian American and Pacific Islander women face a $1 million salary shortfall due to the pay gap
▼ + stars: | 2024-05-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

For Asian American, Native Hawaiian and Pacific Islander women, they'll have to work until April 3 to make the same pay white men earned the year before. Together, AAPI women are typically paid just 93 cents for every dollar paid to white men, although the pay gap varies significantly for some AAPI communities. For example, Bhutanese women working full time earn just 49 cents for every dollar white men earn. The lifetime wage gap totals more than $1.4 million for Bhutanese women. There are other groups of AANHPI women working full time who make more than white men, including Chinese women, Indian women, Malaysian women and Taiwanese women; however, these women still make less than men in their respective communities, the report also found.

Persons: Sarah Javaid, AAPI —, Biden, Javaid, they've Organizations: Pacific, National Women's Law, Malaysian Locations: Hawaiian, U.S

☆ My son was diagnosed with autism at age 5. I spent decades hoping he'd change — but now I accept him as he is.
▼ + stars: | 2024-05-28 | by ( Maribeth Smillar | ) www.businessinsider.com time to read: +4 min

He was diagnosed with autism at the age of 5. But I haven't spent my life hoping that Evan will be accepted. I've spent my life hoping that he will change. At times, I know I have failed them, but Evan is the one I have let down the most. In that pure and still place, I started to let go of what I had hoped would be and began to accept what was.

Persons: Evan, I've, Jamie, unfazed, Evan wouldn't, Evan doesn't, Long, Gray sweatpants Organizations: Service, Business, Celtics

☆ Some wealthy people trying to sell their luxury homes are struggling
▼ + stars: | 2024-05-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Read previewThe world of luxury real estate might seem like a place where deals are plentiful, transactions are swift, and satisfaction is guaranteed. "I wanna be free to garden and travel and not have to worry about the house — but I'm not taking nothing," Morgan told Curbed. "A lot of luxury buyers may already have a primary home, so maybe they're looking for a new investment," StreetEasy Senior Economist Lee said. AdvertisementThat's partly why more luxury buyers are increasingly considering renting out their homes rather than selling them, he added. Concierge AuctionsLee noted another factor contributing to the difficulty of selling luxury properties: the high costs associated with their maintenance and upkeep.

Persons: —, Kenny Lee, Sonja Morgan, John Adams Morgan, Morgan Chase, Morgan, Curbed's Bridget Read, I'm, Michael Jordan, There's, Nile Niami, Richard Saghian, Ron DeSantis, Lee, canalso, It's Organizations: Service, Business, Housewives, New, Fashion, Florida Gov, Morgans, Yorker Locations: New York City, New York, Chicago, Los Angeles, Upper Eastside

Search resuls for: "Dream"

25 mentions found