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☆ 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

☆ I moved from California to Texas for a better cost of living and more conservative politics. Now I'm a realtor who helps others make the same move.
▼ + stars: | 2023-08-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

Marie Bailey moved from California to Texas with her husband and daughter in 2017. When we went on our first date together, we said: "One day we're going to leave California." We didn't want to pay that rent forever, so we were looking at how much houses cost in El Segundo. Bailey and her family were able to build their dream home in Texas for about the same price they sold their California house, she said. I was thinking maybe if I won a billion dollars, I'll get a beautiful beach house in California and go back.

Persons: Marie Bailey, Bailey, Trump, I'm, Trumper, It's, Prosper, she's, We've, it's Organizations: Service, Trump, Facebook, lotto Locations: California, Texas, Wall, Silicon, El Segundo , California, Prosper , Texas, Fullerton, Orange County, Seal Beach , California, El Segundo, Los Angeles, Florida, Arizona, But Texas, Frisco, Rockwall, Fort Worth, Celina, Prosper, Dallas, Seal Beach, New York, Chicago, Havana

☆ China's economy is showing signs of serious trouble — and the problems are still mounting
▼ + stars: | 2023-08-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +9 min

Deflation — the trend of prices falling throughout the economy — presents a particularly dangerous trajectory for China, which carries a massive amount of debt. The main components of GDP on the demand side — consumption, investment, net exports — they all have serious problems right now." A shaky property marketMost of China's economic troubles tie directly into its property market. Roughly a quarter of China's population works in agriculture — well above the 3% mark in the US — and that presents its own productivity limitations. From an unstable, debt-ridden property market to anti-business policies and demographic issues, Beijing has plenty to tackle if it hopes to match the same growth as decades past.

Persons: David Dollar, Biden, Dexter Roberts, Roberts, Terry Group, it's, Xi Jinping Organizations: Service, China's National Bureau of Statistics, People's Bank of, Federal Reserve, Brookings, Bloomberg, JPMorgan, Financial Times, China's, Global, US Census Bureau, Atlantic Council, Communist Party, Garden Holdings, Beike Research Institute, Terry Locations: Beijing, Wall, Silicon, China, People's Bank of China, China's US, Western, Russia, Asia, Ukraine, Mexico, China cratered, Rocky

☆ Kentucky's largest school district had to cancel class for two days so it could overhaul a 'disastrous' new bus system that left kids on buses until 10 p.m.
▼ + stars: | 2023-08-11 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +2 min

A new bus route plan for Kentucky's largest school district left students on buses until 10 p.m. The school district is giving bus drivers time to practice their new routes over the weekend. The school district is home to Louisville, which is Kentucky's largest city with a population of 628,000, according to the US Census Bureau. Pollio said the school district would work through the weekend to update its bus route system to ensure there is no "repeat of what happened." According to Pollio, the school district is going to review all bus stops for "efficiency," pay its bus drivers to practice their new bus routes, and "dramatically increase" the capacity of its bus system call center.

Persons: Marty Pollio, Pollio Organizations: Service, Jefferson, Jefferson County Public, Census Bureau, NBC, Associated Press, The Louisville Courier Locations: Wall, Silicon, Kentucky, Jefferson County, Louisville

☆ Manhattan renters are now forking out a record-breaking average of $5,588 per month, even though people are still flooding out of New York
▼ + stars: | 2023-08-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Rent in New York City keeps hitting record highs even as migration from the city and state soars. In Manhattan, average rent in July was $5,588, up 2.2% from June and 9.3% from the previous year. People have been moving from New York State to low-tax Florida, as well as neighboring states. The surging average rental prices across New York City come despite people moving out in droves in recent years. New York City and surrounding areas like Long Island had some of the US' highest rates of negative net domestic migration between 2021 and 2022.

Persons: Miller Samuel, Douglas Elliman, It's Organizations: New York City, New York State, Service, Empire, Census Bureau, US Locations: New York, Manhattan, Florida, Wall, Silicon, New York City, Central, Brooklyn, Queens, New York County, New York State, New, Pennsylvania , Connecticut, New Jersey . New York City, Long

☆ GOP congressman who voted twice against veterans health bill is now urging his constituents to enroll in its benefits
▼ + stars: | 2023-08-09 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Rep. David Schweikert voted twice last year against a bill to provide health benefits to veterans. But now, he's urging his constituents to sign up to receive benefits from the program. Now, the Arizona Republican is urging his constituents to sign up for the benefits created by that same legislation. In both instances, Schweikert was among the Republicans who voted against the bill. It's the latest example of Republican lawmakers touting programs created by legislation that they voted against.

Persons: David Schweikert, he's, Schweikert, Joe Biden —, —, Biden, Sen, Tommy Tuberville, Tuberville Organizations: Service, Arizona Republican, Arizona, Twitter, Facebook, —, Department of Veterans Affairs, Infrastructure Law Locations: Wall, Silicon, Arizona, Schweikert's Scottsdale, Alabama

☆ Millennials powered America’s homeownership boom
▼ + stars: | 2023-08-08 | by ( Anna Bahney | ) edition.cnn.com time to read: +7 min

Rather, the homeownership rate measures the percentage of all occupied housing owned by the occupants, as opposed to occupied by renters. By 2022, the US homeownership rate was 65.8%, up from 64.6% in 2019. Homeownership rates dipped as low as 63.4% following the foreclosure crisis that began in 2004 and the Great Recession that began in 2008. Homeownership rates have recovered just half of the 5.6% drop in homeownership between 2004 and 2016. Between 2016 and 2019, the homeownership rate increased for buyers under 55, according to the Census Bureau.

Persons: Yue, Chris Parsons, —, ”, Yue Parsons, — Parsons, Parsons, We’re, Jessica Lautz Organizations: Washington CNN, Census, National Association of Realtors, NAR Locations: New York City, Manhattan, United States, homebuying, San Francisco, New York, Austin , Texas, Miami, Phoenix, homeownership

Minister of Indigenous Peoples Sonia Guajajara said more Indigenous people felt comfortable identifying themselves as such. Tebet told reporters the new population numbers will allow for improved budget funding for policies to help Indigenous communities, in education but mainly in health services and basic sanitation to make up for government neglect. Half of Brazil's Indigenous communities live in the Amazon region, some 867,900, with the highest urban concentration in the city of Manaus, the capital of Amazonas state. But the main reason for the exponential growth in numbers, besides higher fertility rates among Indigenous communities, is the rise in visibility of Brazil's Indigenous movement, he said. "When you have strong Indigenous leaders bringing positive connotations to being Indigenous, this encourages people to begin identifying themselves," Barros said by telephone.

Persons: Vanderlecia Ortega dos Santos, Vanda, Ueslei Marcelino BRASILIA, Sonia Guajajara, Guajajara, Simone Tebet, Tebet, Luiz Inacio Lula da Silva's, Jair Bolsonaro, Lula, Leonardo Barros, Barros, Anthony Boadle, Aurora Ellis, Jamie Freed Organizations: Brazilian Institute of Geography, Teatro, REUTERS, Ueslei, IBGE, Government, Indigenous, Federal University of Viçosa, Thomson Locations: Belem , Para, Brazil, Belem, Portugal, Venezuela, Manaus, Amazonas, Minas Gerais

☆ The 10 fastest-shrinking US cities and towns
▼ + stars: | 2023-08-05 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Jackson, Mississippi, led the nation in the rate of population decline from July 2021 to July 2022. Though the Midwest is experiencing a "doom loop" in many of its cities, in which remote work has slowed the economies of Midwestern cities, only one Midwestern city made the top ten cities and towns shrinking at the fastest rate between 2021 and 2022. In an analysis of nearly 20,000 cities, towns, villages, and boroughs across the US, the Census Bureau found that places in Utah and Louisiana saw especially sharp declines. Some residents left following the city's water crisis, sparked by poor infrastructure and climate change. Three Utah cities outside of the Salt Lake City area — Taylorsville, Orem, and Sandy — also had above 2% losses in population.

Persons: redlining, Marccus Hendricks, Louis, Hurricane Ida, Sandy —, Francisco, Santa Organizations: Service, Census Bureau, D.C, University of Maryland, PBS, Louis Post, Dispatch, Bay Area Locations: Jackson, Mississippi, Area, Utah, Louis, New Orleans, San Francisco, Wall, Silicon, Miami, Louisiana, San Francisco , New York City , Washington, Boston, Jackson , Mississippi, St, Three Utah, Salt Lake City, Orem, Union City, Livermore, San Leandro, California, Santa Cruz, Georgetown , Texas

☆ Is Ohio really that great of a place for first-time homebuyers?
▼ + stars: | 2023-08-02 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Are you a first-time homebuyer who recently moved to Ohio? Some may be found in Ohio, according to data from the National Association of Realtors and Realtor.com. In Youngstown, buyers earning at least $75,000 can afford to purchase 72% of listings, while those in Akron and Toledo can afford to buy 61%. It begs the question: Is Ohio really that great of a place for first-time homebuyers? We want to hear from current Ohio residents who are first-time homebuyers or recently relocated to or within the state.

Persons: homebuyer, Toledo —, Ian Beniston, Beniston, it's, Eric Cooper, he's, Cooper, Sellers, Alcynna Lloyd Organizations: Service, National Association of Realtors, Realtor.com, Ohio —, Youngstown Neighborhood Development Corporation, Columbus —, Coldwell Banker, Bureau, alloyd Locations: Akron, Toledo, Youngstown, homebuying, Ohio, Wall, Silicon, There's, Ohio — Youngstown , Akron

☆ These 30 members of Congress are about to resume student-loan payments in October with millions of other federal borrowers
▼ + stars: | 2023-08-02 | by ( Ayelet Sheffey | Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Monthly student loan payments are set to resume in October. At least 30 members of Congress have disclosed owing thousands of dollars in loans. "Just saw what my total monthly student loan payment is going to be after the pause ends... The disclosures also reveal that most of the lawmakers who still owe student loan debt are people of color, including 12 women of color. Borrowers can also apply for the SAVE Plan, a new income-driven repayment plan that will lower monthly payments.

Persons: Donald Trump, Joe Biden, Biden, Republicans —, Summer Lee of Pennsylvania, Lee Organizations: Lawmakers, Service, Education Department, —, Republicans, Democratic Rep, Twitter, Census, SAVE Locations: Wall, Silicon

☆ What are 'full-time children'? Young adults in China are rejecting the rat race and getting paid by their parents to do chores while living at home
▼ + stars: | 2023-07-28 | by ( Haley Tenore | ) www.businessinsider.com time to read: +5 min

Some young adults in China are opting to work as "full-time children" in place of traditional careers. Full-time children are often paid by their parents to run errands, clean, and prepare food. In China, however, young people are turning this idea on its head and staying at home, working as "full-time children." China's notoriously grueling 996 culture, which entails 72-hour workweeks, and difficulty finding employment are some of the main contributors to the "full-time children" movement. In China, there are even social media groups devoted to the "full-time children" trend.

Persons: China's, it's, Julie, Jia Zhang, Zhang, Litsky Li, Li Organizations: BBC, NBC News, CNN, Census Bureau, Karma Locations: China

☆ What are 'full-time children'? Young people in China are rejecting the rat race and getting paid by their parents to do chores while living at home
▼ + stars: | 2023-07-28 | by ( Haley Tenore | ) www.businessinsider.com time to read: +5 min

Persons: China's, it's, Julie, Jia Zhang, Zhang, Litsky Li, Li Organizations: BBC, NBC News, CNN, Census Bureau, Karma Locations: China

☆ Why Americans making over $200,000 are flocking to Idaho and Montana
▼ + stars: | 2023-07-27 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Those states saw high net migration among those earning above $200,000, meaning more are moving in than out. Florida is one of just nine states without an income tax, and the weather and business opportunities have been major pulls for Americans. Idaho has seen a particularly accelerated rate of high-earners moving to cities such as Boise and Meridian. Texas had the second-highest total net migration with around 9,000, followed by North Carolina at over 5,400. California had a net migration loss of over 27,300 high-earners, while New York had a loss of nearly 20,000.

Persons: Thursday's Organizations: Service, California . Idaho and, Meridian . Idaho, US, Economic Innovation Group Locations: Idaho , Montana, Florida, . California, New York, Wall, Silicon, California . Idaho, California . Idaho and Montana, . Idaho, Boise, Meridian, Texas, North Carolina, South Carolina , Tennessee, Georgia, California, Illinois , Massachusetts, New Jersey, Washington, Thursday's —, Bozeman, Billings

☆ The 15 best US cities for renters right now, ranked by incomes, rents, and quality of life
▼ + stars: | 2023-07-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

Personal finance company Wallethub ranked the best places to rent in the US in 2023. It weighed factors like rents, job opportunities, and quality of life in more than 180 markets. A new report from Wallethub identifies where renters can get the maximum bang for their buck this year. "We looked at two things here: rental market affordability and quality of life. So when you're actually looking at rental affordability, that is calculated not only by sheer rent, but then dividing that by median annual household income.

Persons: Jill Gonzalez, Gonzalez Organizations: Wallethub, Service, Census Bureau, Cities aren't, San Francisco Locations: California, Arizona, Kansas, Wall, Silicon, Golden City, Francisco, There's

☆ Can AI save commercial real estate in San Francisco?
▼ + stars: | 2023-07-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

In an aerial view, cars drive by the San Francisco skyline as they cross the San Francisco-Oakland Bay Bridge on October 27, 2022 in San Francisco, California. Alexander Quinn, senior director of research at commercial real estate company JLL, said his firm sees bright spots in San Francisco’s commercial real estate market as AI companies drive office leasing demand. A shopper exits the Westfield San Francisco Centre shopping mall in San Francisco, California, US, on Tuesday, June 13, 2023. The US Census Bureau reports an estimated 35% of employees in San Francisco and San Jose continue to work from home. “I think the crash is coming, and it hasn’t happened yet,” he added, referring to commercial real estate prices.

Persons: Naveen Rao, CBRE, Justin Sullivan, it’s, ” Rao, San, Alexander Quinn, JLL, ” Quinn, Rao, OpenAI, ”, “ There’s, MosaicML, Quinn, “, Francisco’s, David Paul Morris, Henrique Dubugras, ” Michael Tannenbaum, Tannenbaum, Hans Hansson Organizations: CNN, San, Westfield, San Francisco Centre, Westfield San Francisco, Bloomberg, Getty, London, US, “ Locations: San Francisco, Southern California, Francisco, Oakland, San Francisco , California, ”, “ San Francisco, New York, Los Angeles, city’s, San Francisco’s Union, Coresight, Westfield San Francisco Centre, California, Francisco’s, San Jose, decamping, United States

☆ Mortgage rates are going up again but home prices aren’t coming down: Why the housing market is out of whack
▼ + stars: | 2023-07-08 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

But after 10 rate hikes, the housing market — traditionally one of the most interest-rate-sensitive areas of the economy — is anything but predictable. Mortgage rates then continued to climb in tandem with the Fed’s hikes until November, when mortgage rates peaked at 7.08%, despite four subsequent rate hikes since then. Higher mortgage rates have reduced home inventoryIn theory, when mortgage rates go up, home prices should fall since it raises the cost of homeownership, thereby reducing demand. That’s partly because the higher mortgage rates that came after the Fed hiked rates created a major lock-in effect, said Kiefer. “That tells the crux of the story for why the housing market seems a bit odd right now,” Divounguy said.

Persons: ”, Orphe Divounguy, Banks, Freddie Mac, Charles Dougherty, Dougherty, “, Len Kiefer, ” Kiefer, Kiefer, Divounguy, Zillow’s Divounguy, ” Divounguy Organizations: New, New York CNN, Federal Reserve, Zillow, Fed, National Association of Realtors, “, CNN, homebuying Locations: New York, That’s, Wells Fargo, Realtor.com

☆ She's an 'Alien Superstar' — and now she's in housing. Beyoncé joins Kelly Rowland and the city of Houston in support of a new affordable development.
▼ + stars: | 2023-07-07 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Beyoncé Knowles is teaming up with Kelly Rowland and Houston officials to support a housing project. It was unclear if Knowles and Rowland are investing in the project. However, Knowles and Rowland are among the few that have taken their real estate interests beyond the glitz and glamor of purchasing luxurious homes. With more buyers moving into the area, home prices and rents have surged as residents compete for housing. Given that statistic, he said he's "grateful" for the Knowles and Rowland project.

Persons: Beyoncé Knowles, Kelly Rowland, —, Knowles, Rowland —, Kennedy Sessions, Rowland, LeBron James, Shaquille O'Neal, Queen Latifah, they're, Harris, Lina Hidalgo, Joe Biden's, Houston Pastor, Rudy Rasmus, he's Organizations: Houston, Service, American, Harris County, Hollywood, NBA, Golden Globe, Coalition, Homeless, Census Bureau, Texas Tribune Locations: Houston, Harris County, Midtown, Harris, America

☆ How much income would you need to feel rich? Here's the answer Americans surveyed gave
▼ + stars: | 2023-07-06 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

CNN —They are age-old questions: How much do you need to feel financially secure? How much would you need to feel rich? More than 2,500 US adults said they would need to earn, on average, $233,000 a year to feel financially secure and $483,000 annually to feel rich or to attain financial freedom, according to a new survey from Bankrate. Plus, a big income isn’t necessarily a guarantee of financial security if you’re living paycheck to paycheck, not saving much and carrying big debts. In Bankrate’s survey 72% of respondents said they did not currently feel financially secure, although 46% said they expect to someday.

Persons: you’re Organizations: CNN, Census Bureau, Employers Locations: Bankrate

☆ A record-high number of 40-year-olds in the US have never been married, study finds
▼ + stars: | 2023-07-01 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +3 min

CNN —If you’ve made it to your 40th birthday without tying the knot, you’re not alone, according to a recent report from the Pew Research Center. A look at 2021 US Census Bureau data found a quarter of 40-year-olds in the United States had never been married, the research center announced Wednesday. The findings were a “significant increase” from the 20% of unmarried 40-year-olds in 2010, according to the study. The findings, which suggest a shift in Americans’ views of the importance of getting hitched, differed widely to the statistics reported decades ago in 1980, when just 6% of 40-year-olds had never married, Pew reported. If the pattern continues, the research center anticipated that “a similar share” of never-married 40-year-olds would also get married in the coming years.

Persons: you’ve, you’re, Pew, ”, Richard Fry, ” Fry Organizations: CNN, Pew Research Center, Pew, University of Virginia’s Locations: United States

Mortgage rates inched up just a bit this week. According to Freddie Mac, the average 30-year mortgage rate increased four basis points to 6.71%, while the average 15-year mortgage rate increased three basis points to 6.06%. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control.

Persons: Freddie Mac, Sam Khater, Freddie Mac's, Fannie Mae, they'll Organizations: Census Bureau, Department of Housing, Urban, Zillow, Federal Reserve, Fed, Mortgage, Association, Sky, ARM Locations: Chevron

☆ $104,400 classes as a 'low' income for a single-person household in San Francisco, California's housing department says
▼ + stars: | 2023-06-30 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

$104,400 is a "low" income in San Francisco County, according to California's housing department. Such a salary classes as a "low'" income in San Francisco County, according to California's Department of Housing and Community Development. In San Francisco County, the median income for a one-person household is listed as $122,500, per California's housing department. Making $18,400 a year is an "acutely low" income, $39,150 is "extremely low," $65,350 is "very low," and $104,400 is "low." Marin County, which is directly north of San Francisco County, and San Mateo County, to the south, both have the same income limits.

Persons: — Organizations: Service, California's Department of Housing, Community, Fox Business, US Department of Housing, Urban, Survey, Stanford University, San, US Bureau of Labor Statistics, Census Locations: San Francisco County, Mississippi, San Francisco, Marin County, San Mateo County, Santa Clara, Jose, Google's, Palo Alto, New York City, Jersey City, San Francisco's

US homeowners pay a median of $2,690 each year in property taxes, according to US Census Bureau data. Effective property tax rates by state range from 0.29% in Hawaii to 2.47% in New Jersey. The median home price in the US is $244,900, and homeowners pay a median of $2,690 each year in property taxes. We can also look at the average tax bill charged to homeowners by using the average home value in the US. With an effective property tax rate of 1.10%, the average tax bill in the US is $3,803.

Persons: —, Zillow Organizations: Service, Census Bureau Locations: Hawaii, New Jersey . New York

☆ A Reuters journalist explores his ancestors’ ties to slavery
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +38 min

It took me a few minutes of research to figure out why I was losing track of the descendants of the people George Julian enslaved. If the racial cleansing of Forsyth County was mentioned, I didn’t notice. Still hopeful that I might be able to somehow identify and locate living descendants of the people my family enslaved, I flew to Georgia last November. Her father was also a butler for a wealthy white family, her mother a cook. In 1860, Osby’s ancestors were enslaved and working the fields of Forsyth County.

Persons: Julian, Abijah’s, George Julian, George, ”, Adaline, –, Abijah, Dick, Lott, Aggy, Henry, Lewis, Ellick, Jim, Josiah, Reuben, Woodrow Wilson, Rob Edwards, Black, Oprah Winfrey, Forsyth, “, Cumming, who’d, Abijah Julian, ” Gov, Joseph Mackey Brown, ‘ Dick, I’d, Grandma Horseyfeather, Brice gesturing, ” I’d, Grandma Horseyfeather’s, – I’ve, “ Lott, Abijah Julian’s, Richard Julian, Charlotte Julian, Richard, Charlotte, George Julian’s, She’d, “ I’m, That’s, Martin Luther King, wasn’t, Sophia Dodd, Dodd, Elon Osby, – Dodd, Osby, Bailey, George H, Julian ” –, – “, ” Osby, ” Dodd, Ida Julian ., Ida Julian’s, Ida ., Ida hadn’t, Ida Julian, Bagley, Willie M, Willie Mae Bagley, Willie Mae Butts, Elon Butts Osby, Osby’s, ’, Elon Osby’s, Ida Bagley, William Bagley, Adaline Julian, Richard Julian –, Abijah Julian –, she’d, we’ve, you’ve, ELON, crunched underfoot, could’ve, Abijah John Julian ”, Webster, I’ve, weren’t, “ We’re, – we’re, …, Horseyfeather, gesturing, “ You’re, Tom Lasseter, Corinne Perkins, Wong, Jeremy Schultz, Catherine Tai Design, John Emerson, Blake Morrison Organizations: ., Reuters, ”, Black, Charlotte, Toyota, Atlanta History, Elon, Lockheed, Tiffany, Atlanta Housing Authority, Task Force, Mazda, American Legion, United, Confederacy Locations: Forsyth, Negros, negros, Virginia, . Civil, Georgia, Cumming, U.S, Forsyth ., Dawson, Atlanta, Tulsa , Oklahoma, Jefferson County , Georgia, Forsyth County, Charlotte, Thai, Macedonia, Buckhead, Bagley, America, Fulton County, Fulton, Bagley Park, Iraq, Afghanistan, Osby, England, Juneteenth, Brooks County

☆ Lots of American millennials still depend on the bank of mom and dad — but they also say their parents are bad financial role models
▼ + stars: | 2023-06-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Many American millennials and Gen Z depend on their parents for money. Experian surveyed 2,008 US millennials and Gen Z and found that 54% of them are dependent on their parents. About 60% of those in Gen Z said they depend financially on mom and dad. Millennials' financial woes have been well documented, but there are two interesting twists in this study:They don't feel great asking their parents for financial support. They're asking their parents for financial help, but they don't agree with their parents' financial habits.

Persons: —, Experian, millennials, Gen Z, Millennials, Nidhi Pandurangi Organizations: Service, Census Bureau

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