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American millennials are buying multimillion-dollar 'starter' homes

Close icon Two crossed lines that form an X. It indicates a way to close an interaction, or dismiss a notification. People at a restaurant in Austin, Texas, in June 2020. REUTERS/Sergio Flores Wealthy millennials are buying multimillion-dollar "starter houses," in cities like Austin and Aspen, per a Bloomberg report. Millennials may have rented for longer than past generations, but they now make up the largest group of American home buye...
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Hamptons home sales skyrocket, smash real-estate records

Close icon Two crossed lines that form an X. It indicates a way to close an interaction, or dismiss a notification. A house on the Hamptons billionaire lane. Katie Warren/Business Insider Home sales hit a record high with 803 deals closed, about double the year prior. Buyers of luxury properties had little inventory to choose from, which led to bidding wars. Hamptons home sales have hit yet another record high, according to a new report ...
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Houses in the Hamptons are flying off the market for top-dollar prices after bidding wars

Houses in the Hamptons are flying off the market for top-dollar prices after bidding wars Juliana KaplanFeb 2, 2021, 00:18 IST A house on the Hamptons billionaire lane.Katie Warren/Business Insider Hamptons Home sales hit a record high with 803 deals closed, about double the year prior. Buyers of luxury properties had little inventory to choose from, which led to bidding wars. Hamptons home sales have hit yet another record high, according to a new report from Douglas Elliman Real Estate and M...
New York United States Hillary Hoffower Dominic Madori Davis Miller Samuel National Association Of Realtors

Millennials aren't killing the American Dream. They're reviving it.

Visionhaus/Getty Images Millennials arent killing the American Dream. Theyre reviving it. John Truslow Adams defined the American Dream as a better life for all, but consumerism got involved in a big way after World War II. Millennials are bringing back its true meaning, whether they seek a life of suburbia or an alternative path. A college-educated couple, mortgaged house with a white picket fence, 2.5 kids, and a dog: Its the American Dream, and millennials are "...
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GOP Sen. Rand Paul says that Biden's push for a $15 minimum wage reflects a 'hate' for Black teenagers

GOP Sen. Rand Paul says that Bidens push for a $15 minimum wage reflects a hate for Black teenagers insider@insider.com (John L. Dorman) ยฉ Tom Williams/CQ-Roll Call, Inc via Getty Images Sen. Rand Paul (R-Kentucky). Tom Williams/CQ-Roll Call, Inc via Getty Images Republican Senator Rand Paul said that President Bidens push for a $15 minimum wage would hurt Black teenagers. "Why does Joe Biden hate Black teenagers? should be the question," Paul said. The current federal minimu...
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Source: msn.com

Rand Paul: Biden hates Black teens for pushing a $15 minimum wage

Paul cited the highest CBO job loss estimate in his interview with Hannity. The current federal minimum wage is $7.25 an hour, but states and many localities can set higher minimum wages. Kentuckys minimum wage sits at $7.25 an hour. The federal minimum wage has been unchanged since July 2009. Black communities have been hit harder than other demographic groups during the coronavirus pandemic. Government data last summer showed Black Americans were disproportionately affectedย byย mass layoffs....
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How a 28-year-old NYC socialite built a career based on 'Gossip Girl'

Hallie Geller NYC socialite Andrew Warren, age 28, has crafted a career by capturing the allure of New York Citys young and elite. He created his own fashion brand, Just Drew, based on the image of "Gossip Girl," looking to his "it girl" friends as muses. Now, hes helping luxury brands and the socialite-influencer set build relationships through his latest venture, lifestyle agency CollXab. No one knows the allure of "Gossip Girl" as well as Andrew Warren.ย  The 28...
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Millennial couple pays off $118,000 of student-loan debt in one year

Karen Akpan Akpan told Insider she was inspired by Dave Ramseys "gazelle intensity" method. They took 3 steps: selling their house to buy an RV, creating a budget, and increasing their income. For Karen Akpan, 2020 ended on a high note. She and her husband, Sylvester, finally paid off $118,000 of student debt. And they did it all, amid a historic year of pandemic and uncertainty.ย  The 32-year-old Akpan went to college when she was just 16 to study child and adoles...
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How Luminar's Austin Russell became the youngest self-made billionaire

Luminar This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Luminar CEO Austin Russell is the youngest self-made billionaire after taking his company public via a special-purpose acquisition company merger last month. Its a Silicon Valley tale: Russell has built inventions since his childhood and dropped out of Stanford when he got the Thiel Fellowship to work on Luminar. He disrup...
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