The share of rental applications from young people with above-average incomes spiked 20% in 2021. The shift is rippling through the market.
The rate has been rising steadily since the 1960s.
Barney Santos, founder of BLVD MRKT in Montebello, California, hopes to help revitalize the local economy with a food hall made out of repurposed shipping containers.
The most recent numbers we have show 20% of the American population is living in multigenerational households.
The list includes dwindling trust funds for Social Security and Medicare and potential bubbles in the housing and stock markets.
The COVID-19 pandemic may have slowed discretionary spending, but that doesn’t mean housing is any more affordable.
Majorities of young people, independent of race, perceive problems with systemic racism and systemic discrimination, according to the GenForward survey.
Post-lockdown spending sprees are looking a lot less likely.
The paper greeting card giant is facing stiff competition from new entrants that cater to millennials.
Second-hand marketplaces like Depop, Mercari and Poshmark have gained popularity with young consumers.