Category: Millennials

Meet the typical Midwest mover, a Gen Zer from California who’s paying under $1,500 a month in rent

Kyle Kuhlman / 500px / Getty Images Some Americans are moving to the Midwest, lured in by lower costs and affordable housing. Many of these new residents are single Gen Zers, millennials, and students. New residents tend to earn more than the Midwest’s median income and could reshape social norms. Over the last few years, Americans have been reshuffling themselves across the country. For some,…

Gen Z is living with their parents to save money. But it’s going to cost them, big time.

Like millennials, Gen Z is living with their parents well into their 20s. But in the long run, it may not be a good idea. iStock; Rebecca Zisser/BI After graduating from college in 2021, Bethany Clark moved back in with her parents. She planned to spend a year studying full time to be a teacher, so it made sense to live at home in Surrey,…

Meet the typical mover to Austin: Single millennial renters making $76,000 a year coming from California

A crowd gathers outside of Austin’s capitol building. Suzanne Cordeiro/Getty images Between 2021 and 2022, 71,801 people from different states moved to Austin, according to Census data.  Many movers to Austin are white and millennial, and have higher incomes than locals. People who moved to Austin said they were drawn to the city’s  jobs and relatively lower cost of living.  Jasmine Cambridge, a 25-year-old steakhouse…

Millennials have been priced out of buying homes, and are venting that they can’t afford rent either

Millennials are struggling to pay rent and turning to TikTok for help. urbazon/Getty Images Millennials struggling with skyrocketing rent are sharing their troubles on TikTok. Many have struggled with recent rent hikes, and say they have no savings to fall back on. Stagnant wages, student loans, and low economic mobility created a perfect storm for millennials. First millennials were priced out of buying homes, and…

What I got wrong about loyalty at work

Kiersten Essenpreis for BI In January, I published a story on how loyalty died in the American workplace. The response to the story was huge: I received more emails and LinkedIn messages about it than I had for any other piece I’ve written in my 14 years as a journalist. And what struck me most were the readers who wanted to tell me that I…

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