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☆ 10 cities where home prices are rising the most, as buyers turn to satellite cities for affordability
▼ + stars: | 2023-09-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Prices are rising in satellite cities like Trenton, New Jersey, and Fort Wayne, Indiana. Homebuyers are departing larger metros for satellite cities in search of affordability — but as demand increases, so do the home prices that attracted them. Evan Wyloge, a data journalist with Realtor.com, suspects these satellite cities are bringing in new residents as culture around office work changes. Here are the 10 cities where home prices increased the most between August 2022 and August 2023, according to Realtor.com. And don't forget to peek at the list of cities where home prices are falling the most, too.

Persons: —, Evan Wyloge, Realtor.com, Wyloge Organizations: Service, metros, US Census Bureau, Boston Locations: Trenton , New Jersey, Fort Wayne , Indiana, Philadelphia, Indianapolis, Manchester , New Hampshire, Boston

☆ The 10 most affordable US cities for renters
▼ + stars: | 2023-09-25 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Jefferson City, MO, ranks as the most affordable metro area in the US for renters. Jefferson City, MO, ranked as the most affordable metro area for US renters, according to data from the US Census Bureau. For the top cities, Insider analyzed the share of residents with affordable rent, meaning the percent of residents who pay less than 30% of their income on rent. Around two-thirds of renters in Sheboygan and Appleton had affordable rent, while 63% in Racine had affordable rent. The data supports recent findings that wealthier Americans are moving to Montana and Idaho for more affordable rent.

Persons: Lucie, Louis Organizations: Metro, Service, Census Locations: Jefferson City ,, Ohio , Wisconsin, Wyoming, Wall, Silicon, Missouri , Wisconsin, Jefferson City, Missouri, Lima, Ohio, Wisconsin, Sheboygan, Appleton, Racine, Wyoming , South Dakota , Montana , North Carolina, Washington, Montana and Idaho, Florida, Homosassa Springs, Naples, Port St, Miami, Fort Lauderdale, York, Newark, Jersey City, Midwest, Northeast, Lincoln , Fresno, St, Tampa

☆ An Ohio elementary school ruined 'Ice Cream Friday' when it announced kids with school lunch debt wouldn't get any
▼ + stars: | 2023-09-24 | by ( Katie Balevic | ) www.businessinsider.com time to read: +4 min

But there was one rule: No ice cream for students with outstanding school lunch debt. "If a student has a negative balance they will not be able to purchase an ice cream even if they bring their $1 for ice cream. Students with school lunch debt still cannot buy ice cream on Ice Cream Friday, even if a friend wants to buy it for them. America has a school lunch debt problemThe US already has one of the most dystopian yet classically American school lunch systems around. Jade's SoulFood, paid $411.15 toward the balance of school lunch debt at Donovan Elementary School, she wrote on Facebook.

Persons: —, Mitch McConnell, Naiyozcsia Thompson, Jade's SoulFood, Thompson Organizations: Service, Facebook, Donovan Elementary, Congressional Republicans, Senate, Donovan Elementary School Locations: Ohio, Lebanon, California , Colorado , Maine , Michigan, Minnesota, New Mexico, Vermont, Massachusetts, Nevada, Local, Middletown

☆ The Greased-Pig Economy: Higher Inflation, Stock Market Crash Possible
▼ + stars: | 2023-09-19 | by ( Linette Lopez | ) www.businessinsider.com time to read: +10 min

At the same time that prices were cooling off, the rest of the economy seemed to be holding up. In this greased-pig economy, stability depends on how confident investors and policymakers are that they're close to catching the pig. Moving in a messIn the messy economy the pandemic left us, it's not easy to pinpoint exactly why inflation has been so stubborn. CPI inflation peaked at 9% in June 2022 and has been going down steadily since. But with inflation still above the Fed's goal, it's clear we need to recalibrate some on the demand side still.

Persons: it's, Jerome Powell, Mike Konczal, Konczal, we've, Price, proclivity, that's, Taylor Swift, we'd, Charles Evans, Christine Lagarde, Morgan, Jamie Dimon, Roosevelt, —, you've, Justin Simon, Jasper Capital, Linette Lopez Organizations: Consumers, Federal, Roosevelt Institute, Fed, Chicago Fed, European Central Bank, Census Locations: American, America, Jasper

☆ America is stuck in a greased-pig economy
▼ + stars: | 2023-09-19 | by ( Linette Lopez | ) www.businessinsider.com time to read: +10 min

At the same time that prices were cooling off, the rest of the economy seemed to be holding up. And consumers were so intent on spending money to have a good time that cities let Beyoncé dictate public transit. In this greased-pig economy, stability depends on how confident investors and policymakers are that they're close to catching the pig. Moving in a messIn the messy economy the pandemic left us, it's not easy to pinpoint exactly why inflation has been so stubborn. CPI inflation peaked at 9% in June 2022 and has been going down steadily since.

☆ Homebuyers struggling to find a house while inventory hovers around its lowest point in years should look at these 13 large metro areas kick-starting new homebuilding fastest
▼ + stars: | 2023-09-16 | by ( Mark Reeth | ) www.businessinsider.com time to read: +4 min

Meanwhile, housing starts were actually up 5.9% in July, but filings for housing permits fell 13% to 1,442,000. In the first half of this year, new housing permits plummeted 17.5% compared to the first half of 2022. "In the first half of 2022, an impressive 30 states saw year-over-year increases in their numbers of permits. All told, of the 384 metro areas that Point2 tracks data from, a mere 90 saw the number of housing permits increase year over year. Among those 384 metro areas, 56 fall under the large category, meaning they have populations of 1 million or more.

Persons: Louis Fed, Point2, Andra Hopulele, Hopulele Organizations: National Association of Realtors Locations: West

CNN —Six people who identified themselves as members of a religious group called the ‘Soldiers of Christ’ have been arrested in connection to the death of a South Korean woman who was beaten and starved in Georgia, authorities said. The South Korean consulate in Atlanta declined to comment on the case when contacted by CNN. This photo of a crime scene, with areas of blood redacted, was released by Gwinnett County Police. Gwinnett County PoliceOne of the suspects is a South Korean citizen visiting on a visa, authorities said, while the others are American citizens. Authorities did not release the name of the victim, pending notification of her death to her family in South Korea.

Persons: Christ ’, malnourishment, Eric Hyun, Hyun, Christ ”, Gawom Lee, Joonho Lee, Hyunji Lee, Juoonhyum Lee Organizations: CNN, Gwinnett County Police Department, Census Bureau, Gwinnett County Police Law, Authorities, Police, South, Gwinnett County Police Locations: Korean, Georgia, Jeju, Duluth, Atlanta, United States, South Korea, Duluth , Georgia, Gwinnett, South Korean

☆ How to teach kids to befriend a child with a disability
▼ + stars: | 2023-09-10 | by ( Jaclyn Greenberg | ) edition.cnn.com time to read: +6 min

Trae has a genetic disorder and physical differences, and he doesn’t always approach other kids, his mother, Jackie Bruns, told me. “It can be hard for kids with a disability to approach other kids. Kids may share interesting and fun facts about their disability, said Michelle Hu, who grew up wearing hearing aids and now works as a pediatric audiologist. And explaining that some people may have different social cues or ways of engaging can help them connect with students. “Teach your kids to look around the room or playground for kids who are not engaged and invite them to join,” Hootman said.

Persons: Trae Bruns, Trae, Jackie Bruns, ”, Bruns, ” Dr, Caroline Mendel, “, ” Mendel, it’s, ” Bruns, Michelle Hu, aren't, ” Hu, doesn’t, Hu, Gawain Hootman, isn’t, Ramsey Hootman, ” Hootman, Jaclyn Greenberg Organizations: CNN, Pew Research, Child Mind, SDI, The New York Times, Wired Locations: Troy , Illinois, United States, New York City, Bay, California

☆ The US just imported its smallest share of Chinese goods in 17 years — and the big winners are Mexico and Vietnam
▼ + stars: | 2023-09-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The US is importing fewer goods from China, as supply chains shift away from the East Asian country. Goods imported from China into the US made up 14.6% of all imports in the 12 months through July, per a Bloomberg analysis. This is the lowest share of Chinese goods imported to the US since 2006. Mexico's share of goods imported into the US hit a record high of 15% in the 12 months through July, while Vietnam's share was 3.7%, just off a record high reached in 2022, per Bloomberg. At almost 16% share of the total trade, Mexico remained the US' top trading partner in July.

Persons: Donald Trump, It's, that's, Luis Torres, Torres Organizations: East, . Goods, Bloomberg, Service, Goods, Census Department, Bureau, Federal Reserve Bank of Dallas, Minth, Binzhou, Piston Locations: China, Wall, Silicon, Washington, Beijing, Mexico, Vietnam, Canada, US

☆ Opinion: The ‘rising superpower’ myth about China
▼ + stars: | 2023-09-07 | by ( Opinion Peter Bergen | Joel Rayburn | ) edition.cnn.com time to read: +12 min

He was the US Special Envoy for Syria and the senior director for Iran, Iraq, Syria and Lebanon on the National Security Council staff during the Trump administration. After that, China’s National Bureau of Statistics said it would suspend publishing youth unemployment data in the future. What does it signify that China’s national power, which today is vast, is almost certain to be weaker in the future? If Xi and his strategists have a feasible plan for nimbly averting China’s demographic doom, they are keeping very quiet about it. This brings us back to the question of national security strategies for the United States and its allies.

Persons: Peter Bergen, Peter Bergen ”, Joel Rayburn, Trump, Biden, Saddam Hussein’s, Lloyd Austin, China’s, Xi Jinping, Stephen Shaver, ”, Ng Han Guan, Xi, China “, ” Trump Organizations: New, Arizona State University, Apple, Spotify, American Center for Levant Studies, New America, US, National Security Council, CNN, Strategy, Pentagon, of Defense, Development Research Center, Communist Party, UPI, Manpower, Census Bureau, National Bureau of Statistics, Financial, China’s Southwestern University of Finance, Economics, Rocky, United Nations, Beijing, Pew Research Center, Communist, Trump administration’s National Security, Twitter, Trump Locations: New America, Syria, Iran, Iraq, Lebanon, Washington, China, United States, Saddam Hussein’s Iraq, al Qaeda, Ukraine, People’s Republic of China, Beijing, India, Yarkent County, China's Xinjiang Uyghur Autonomous Region, Saudi Arabia, USSR, Russia, Russia’s Ukraine, Vietnam, Korea, Italy, Japan, Taiwan, Hong Kong

☆ 17 affordable US cities attracting real-estate investors and developers for rent increases, price appreciation, jobs growth, and lower property taxes, according to an investment property expert
▼ + stars: | 2023-09-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Dan Hnatkovskyy says real-estate investors should analyze data to determine where to buy. The real-estate market might seem less attractive at a time when mortgage rates are elevated and home prices also remain high. Another way they get insight is by tracking NewHomesMate website activity to see where buyers and smaller investors are looking. On the other hand, since interest rates began to increase, investor interest decreased in that area. Additionally, higher property prices and elevated interest rates are making smaller and simpler homes more attractive, mainly in rural or suburban areas.

Persons: Dan Hnatkovskyy, Hnatkovskyy, Craig Barrett Organizations: Internal Revenue Agency, Census Bureau, IRS, NewHomesMate's, Jacksonville, Rock , Arkansas Memphis , Tennessee Olive Branch , Mississippi Cities Locations: Austin , Texas, Austin, Miami, Orlando, Tampa, Lakeland , Florida Nashville , Knoxville, Chattanooga , Tennessee Raleigh, Durham, Charlotte, North Carolina Atlanta , Georgia Birmingham , Alabama, Dallas, Ft . Worth, Houston , Texas Cities, Rock , Arkansas Memphis , Tennessee Olive Branch , Mississippi

☆ Lucrative college degrees that can lead to salaries of more than $100,000 are largely held by men, study finds
▼ + stars: | 2023-09-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

The most lucrative college degrees are still largely held by men, a Bankrate study has found. It found that 78% of those who held the 20-highest paying bachelor's degrees were men, while only 22% were women. In electrical engineering, 85% of degree holders were men and 15% were women, with the average salary totaling $110,000. AdvertisementAdvertisementMeanwhile, bachelor's degrees where women made up the majority of degree holders were some of the lowest-paying fields. Although more women have college degrees than men and account for just over half of America's college-educated workforce, 2022 Pew Research Center Data found, they're still lagging behind men when it comes to earnings.

Persons: Rose Khattar Organizations: College, Service, Survey, New York Federal Reserve, Pew Research Center, Center for American Locations: Wall, Silicon, caregiving

☆ A company that counts billionaires Marc Andreessen and Laurene Powell Jobs as investors says it's bought 50,000 acres of land to build a new 'walkable' city in northern California. Here's everything w
▼ + stars: | 2023-09-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

California Forever says it wants to build a "walkable" city with new jobs, surrounded by an agricultural greenbelt. The company, Flannery Associates, has been quiet until now, but its parent company California Forever just launched a new website detailing its master plan. Solano County sits between Sacramento, San Francisco, and Napa Valley, and has a population of around 450,000 across just over 900 square miles. Sramek founded California Forever in 2017 and recently bought a family home there. "Now that we're no longer limited by confidentiality, we are eager to begin a conversation about the future of Solano County," it says.

Persons: Goldman Sachs, Marc Andreessen, Laurene Powell Jobs, Flannery, Jan Sramek, he'd, Jan, Sramek, it's, Who's, Chris Dixon, John Doerr, Nat Friedman, Daniel Gross, Reid Hoffman, Michael Moritz, Andreessen Horowitz, Patrick, John Collison Organizations: Goldman, Service, Flannery Associates, California Forever, Travis Air Force Base, California Forever's, California Delta, California Locations: San Francisco, California, Wall, Silicon, Solano County, Sacramento, Napa Valley, Solano, Fairfield, Rio Vista, walkable

☆ It’s not just crime: What’s really going on with San Francisco’s shrinking retail district
▼ + stars: | 2023-08-30 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

Mapping the exodusUnion Square has historically been a major commercial hub in the heart of San Francisco’s downtown. A complicated decline in downtownThe reasons for downtown San Francisco’s economic troubles are multi-faceted. In addition, San Francisco’s downtown has experienced a rise in its unhoused population. As San Francisco’s downtown area has emptied over the last three years, property crimes and retail thefts have risen, according to San Francisco Police Department data. Travel to San Francisco has yet to recover fully to pre-pandemic levels, according to data from San Francisco International Airport.

Persons: —, ”, Elon Musk, Tesla, Francisco, “, Lori Lincoln, San Francisco —, Lincoln, Breed, Alexander Quinn, Breed’s, Sarang Peruri Organizations: Los Angeles CNN, Lease, Google, city’s, Nordstrom, CNN, Westfield, San Francisco Centre, KGO, University of California, San Francisco Police Department, San Francisco International, San Francisco Travel, Tourism, San, Oxford Economics, Asia hasn’t, San Francisco Mayor London, Francisco’s, Oxford Capital Group, Ikea, IKEA Locations: Francisco’s, United States, San Francisco’s, Union, Westfield, San Francisco, San, California, Redfin, Palo Alto, Asia, Americas, Europe, Pacific, San Mateo, Lincoln, China, Downtown, Chicago

☆ 15 cities where getting a graduate degree pays off the most
▼ + stars: | 2023-08-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The San Jose area has the largest pay gap between holders of a graduate degree versus a bachelor's. Some top law schools cost over $200,000 over the course of the program, while medical schools average nearly $219,000 a year. SmartAsset found the average graduate degree holder made $72,000 a year. For cities including The Villages, Florida; Prescott, Arizona; and Morristown, Tennessee, graduate-degree holders made less than $55,000. Florida has two metropolitan areas in the top 15 for graduate-degree income difference, though neither Texas nor New Jersey ranks in the top 25.

Persons: SmartAsset Organizations: Trenton, Service, Education Data Initiative, Park, San Locations: California , Alabama, Utah, San Jose, Huntsville , Alabama, Princeton , New Jersey, Wall, Silicon, Sunnyvale, Santa Clara, California, Princeton, New Jersey, Jose, San Francisco, Huntsville, Trenton, George , Utah, Zion, Provo, Orem, Merced, Fresno, Tuscaloosa , Alabama, Elizabethtown, Fort Knox, Kentucky, Florida, Prescott , Arizona, Morristown , Tennessee, Florida , Texas, New Jersey . Florida, Texas

☆ Covid-19 has changed and so has our immunity. Here’s how to think about risk from the virus now
▼ + stars: | 2023-08-28 | by ( Brenda Goodman | ) edition.cnn.com time to read: +19 min

So if people are less likely to be hospitalized or die from a Covid-19 infection now, has the danger passed? Through genetic bad luck, some people may just be at higher risk of serious reactions to Covid-19 infections, and they probably wouldn’t know it. Researchers defined it as any new or continuing symptoms more than 90 days after a Covid-19 infection. Based on his experience treating long Covid patients, Griffin said that the percentage reported in the Australian paper seems high. Earlier in the pandemic, pediatric infectious disease specialists were on the lookout for a rare complication of Covid-19 infection in kids called multisystem inflammatory syndrome in children, or MIS-C.MIS-C starts two to six weeks after a Covid-19 infection.

Persons: CNN —, we’ve, aren’t, Good, ”, Megan Ranney, Covid, ” Ranney, that’s, Evusheld, haven’t, you’ve, they’re, They’re, Mandy Cohen, It’s, –, Jesse Bloom, Daniel Griffin, it’s ‘, Griffin, “, Peter Chin, Chin, Hong, Nathaniel Hendrix, Hendrix, it’s, hasn’t, she’s, Kristin Englund, shouldn’t, Dr, Sanjay Gupta, “ It’s, Ellie Murray, ” Murray Organizations: CNN, US Centers for Disease Control, Yale School of Public Health, Covid, National Institutes of Health, FDA, US Department of Health, Human Services, CDC, Fred Hutchinson Cancer Center, HHS, Columbia University, University of California, Census Bureau, Nature Medicine, American Board of Family Medicine, Nature, Veterans Affairs, Cleveland Clinic, CNN Health, Boston University School of Public Health Locations: South Africa, Botswana, United States, China, Seattle, Israel, Denmark, United Kingdom, Portugal, US, Switzerland, Thailand, Australia, San Francisco, Ohio

☆ Jackson Hole: Fed policy collides with reality in the most unequal county in America
▼ + stars: | 2023-08-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Central bank officials from across the world have descended upon Jackson Hole, Wyoming this week to discuss policy decisions that will shape the economy for years to come. That’s because Jackson Hole is the most economically unequal place in the United States, according to the Economic Policy Institute. What’s happening: The snow kissed peaks and verdant valleys of Jackson Hole, Wyoming — where Federal Reserve Chair Jerome Powell is due to give a highly anticipated speech on Friday — aren’t just awe-inspiring. Among the top 1% in Teton County (where Jackson Hole is located), the average annual income is a jaw-dropping $22.5 million. The extreme wealth disparity in Jackson Hole is a perfect example of that dichotomy.

Persons: Jackson, Jerome Powell, aren’t, They’re, ”, Kenan Fikri, “, they’re, Powell, ” Jackson, That’s, Allison Morrow, Krystal Hur, it’s, Anna Bahney, Black Knight, Knight, Andy Walden Organizations: CNN Business, Bell, New York CNN, Economic, Institute, Census Bureau, Economic Innovation, Nvidia, Revenue, Wall, Federal Reserve, Black Locations: New York, Jackson Hole , Wyoming, United States, Teton County, Wyoming, Jackson, Teton, Santa Clara , California

☆ 2 charts that show how Mexico overtook China as America's top global trade buddy
▼ + stars: | 2023-08-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Mexico overtook Canada as the US' top trading partner at the start of 2023. US trade with China has been edging lower since 2018, except for a spike during the pandemic. Mexico became US' top trading partner at the start of 2023US's trade with major partners as percentage of total US trade. Canada was the US' top trading partner since at least 2000 before being overtaken by China in 2014. "Mexico's expanding manufacturing base has offered an alternative to producing in China," Torres wrote in the note.

Persons: Trump, Donald Trump, China wasn't, Luis Torres, Torres, Hisense Organizations: Service, Privacy, Census Bureau, East, Federal Reserve Bank, Dallas, Trump, Federal Reserve Bank of Dallas, China Locations: Mexico, Canada, China, Wall, Silicon, US, Washington, Beijing

☆ Stores are leaving San Francisco. Ikea is opening this week
▼ + stars: | 2023-08-21 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Ikea is opening a new store in downtown San Francisco Wednesday, bucking the trend of retailers closing in the city. Ikea is opening a new store this week in downtown San Francisco at 945 Market Street. While violent crime statistics in San Francisco have remained relatively low in recent years, property crimes have risen since 2020, according to San Francisco Police Department data. Activity this spring in downtown San Francisco, as measured by mobile phone use, was 68% below its pre-pandemic levels, the largest decline of any US city. In June, shopping mall operator Westfield announced it would give up control of its San Francisco mall, citing “challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.”A month earlier, Nordstrom, one of the biggest retailers in Westfield, said it would shutter both of its San Francisco stores.

Persons: San Francisco Mayor London Breed, Nordstrom, San Organizations: New, New York CNN, Ikea, Shoppers, IKEA, San Francisco Mayor London, San Francisco Police Department, Westfield Locations: New York, San Francisco, San, San Francisco’s Union, Westfield, Francisco

☆ Return to Office, Ending Work From Home May Make Climate Crisis Worse
▼ + stars: | 2023-08-17 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +16 min

Whether mandatory return-to-office policies will make the climate crisis worse is an important question, especially as scientists predict that 2023 will be the hottest year on record. But determining whether working from an office is worse for the planet isn't that simple. Failing to find a balance between boosting productivity at the office and protecting the planet risks making the crisis worse. Even though the study only covered the early part of the pandemic, it illustrated how a shift away from office work can have some positive effects for the planet. "There was no clear answer to whether work from home was better or worse for the environment in general terms."

Persons: Rachel, it's, JPMorgan Chase, James Elfer, Elfer, It's, Ty Colman, Colman, Ralf Martin, Martin, teleworking, Megan Litke, We've, Litke, Efler, Operta's Colman, JPMorgan Chase —, Apple, Tony Johnson, Schneider, Johnson, That's, she's, Catherine Boudreau Organizations: Amazon, Google, JPMorgan, Fortune, Employees, Greenhouse, International Energy Agency, IEA, Imperial College Business School, American University, Energy, Target, Dell, Apple, Schneider Locations: , Maryland, Greater London, London, Washington , DC, Williams, Sonoma, North America

Mortgage rates and home prices have spiked over the past couple of years, making homebuying more expensive than ever. High mortgage rates coupled with high home prices have made buying a house significantly more expensive than it's been in previous years. 5 advantages of buying a house when mortgage rates are highThere's no perfect time to buy a house. But mortgage rates are expected to drop throughout the next couple of years. According to the Mortgage Bankers Association's latest forecast, mortgage rates could drop below 5% by the end of 2024.

Persons: Freddie Mac, they're, Sarah Alvarez, You'll, Melissa Cohn, they've, Cohn, Alvarez, it's Organizations: Service, Privacy, Finance, Gallup, Census Bureau, Department of Housing, Urban, William, Mortgage Locations: Wall, Silicon

☆ TikTok influencers want to rent you a very cool home. Just don't call them landlords.
▼ + stars: | 2023-08-16 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

While live-in landlords are far from a novel concept, the pandemic-era fever around passive income and real-estate investing has sparked a rise in the popularity of house hacking. While Turner's initial strategy emphasized small multifamily buildings, some house hackers applied the concept to single-family homes. In 2019, he published a book called "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom." And I think house hacking is one obvious way to eliminate, or at least drastically reduce, what likely is your largest expense." "Yeah, it's called 'house hacking," the owner and roommate, also played by Jarman, who has 4 million followers, replies.

Persons: Kelly Clark, Clark, scoffed, TikTok, Zers, Brandon Turner, Turner, Ryan Lehman, Lehman, Brandon, I'm, Craig Curelop, BiggerPockets who's, Curelop, influencer Addison Jarman, renter, it's, Jarman, Jay Parsons, John Liang, TikToker, Liang, —, It's, doesn't, Insider's Daniel Geiger, she'd, James Rodriguez Organizations: Federal Housing Administration, BiggerPockets, Census, YouTube, RealPage Locations: Spokane , Washington, Silicon, millennials, Seattle, Spokane

☆ A luxury department store in San Francisco threatens to shut up shop after 162 years, describing the city as 'unlivable' for its residents and 'unsafe' for its staff
▼ + stars: | 2023-08-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

The owner of luxury San Francisco retailer Gump's warned that this holiday season "may be our last." He said San Francisco is "unlivable for its residents, unsafe for our employees, and unwelcoming to visitors." Gump's is located just off Union Square in downtown San Francisco. Chachas made his remarks in an open letter to California Governor Gavin Newsom, San Francisco Mayor London Breed, and the San Francisco Board of Supervisors in which he criticized their leadership, published as a paid-for ad in Sunday's edition of The San Francisco Chronicle. "Such abject disregard for civilized conduct makes San Francisco unlivable for its residents, unsafe for our employees, and unwelcoming to visitors from around the world."

Persons: Gump's, John Chachas, Chachas, Gavin Newsom, unlivable, San, Newsom Organizations: Service, San Francisco Mayor London Breed, San Francisco, of Supervisors, San Francisco Chronicle, Census Bureau, San, City, Statistics, San Francisco's Department of Public Health, Public, Whole Foods, Navy, Supervisors, Chachas Locations: San Francisco, Francisco, Wall, Silicon, downtown San Francisco, California, New York, Texas, Florida, San Francisco's, City and County

Whole Foods temporarily closed one of its San Francisco locations due to rampant shoplifting and continued threats to workers and customers. Park Hotels and Resorts, the investment firm that owns Hilton San Francisco Union Square and Parc 55 hotels, also recently revealed it would leave the city. A bus drives by the Westfield San Francisco Centre on June 14, 2023 in San Francisco, California. Downtown San Francisco has an estimated 18.4 million square feet of available real estate. While violent crime statistics in San Francisco have remained relatively low in recent years, compared to other major cities, property crimes have risen since 2020, according to San Francisco Police Department data.

Persons: Los Angeles CNN — John Chachas, Governor Newsom, ” Chachas, Chachas, San Francisco “ unlivable, Gavin Newsom, Justin Sullivan, Nordstrom, Thomas Baltimore , Jr, ” What’s Organizations: Los Angeles CNN, London Breed, city’s, San Francisco Chronicle, Chachas, Republican, London, San, Anthropologie, Whole Foods, Westfield, Resorts, Hilton San Francisco, Square, Westfield San Francisco Centre, San Francisco Police Department, University of California Locations: San Francisco, California, Francisco, ”, Nevada, San Francisco’s, Union, San Francisco’s Union, San Francisco , California, Park, San Francisco's, U.S, Canada, Downtown San Francisco

☆ Two young tech workers share why they relocated to Arkansas from Texas and California
▼ + stars: | 2023-08-14 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

They stayed in Bentonville, Arkansas, for three days and stopped in Fayetteville — about 330 miles from Dallas — for coffee on the way back. Northwest Arkansas, which consists of Benton, Madison, and Washington counties, has become the country's 100th-largest metro area. Northwest Arkansas' plan to bring in new talentCompanies like Walmart, Tyson Foods, and JB Hunt are headquartered in Northwest Arkansas and have been attracting movers for years. The Northwest Arkansas Council tried luring remote tech talent with $10,000 and a mountain bike. Do you work in tech and recently move to Northwest Arkansas?

Persons: relocaters, Nicholas Falldine, Falldine, JB Hunt, John Mayer, Nelson Peacock, Peacock, Chris Thompson, Thompson, he's, Walton's, Keith Myers, jumpstart, —, Fayetteville's, Jordan Pandy Organizations: Service, University of Arkansas, NWA, —, Companies, Walmart, Tyson Foods, Better, Gardens, Northwest Arkansas Council, The Northwest, Kansas City Star, Austin, Census Bureau Locations: Northwest Arkansas, Wall, Silicon, Dallas, Bentonville , Arkansas, Fayetteville —, Benton , Madison, Washington, Austin, Arkansas, Fayetteville, Silicon Valley, Falldine . Northwest Arkansas, Bentonville, The, The Northwest Arkansas, Los Angeles, Philadelphia, homeownership, Tulsa , Oklahoma, Marina Del, Fayetteville Falldine

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