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Renting

Real Estate
New Study Breaks Down Renters’ Changing Habits New Study Breaks Down Renters’ Changing Habits
New Study Breaks Down Renters’ Changing Habits A new national survey reveals that more Americans are putting down roots in their rentals, transforming temporary units into true homes.  According to research by Talker Research for Lemonade, a digital insurance company, today's renters are staying put longer and developing new habits around their living spaces. The study, which polled 2,000 Americans, highlights a rise in long-term tenancy.  Nearly a third of renters surveyed have spent years in the same unit, with baby boomers (41 percent) and Gen Xers (28 percent) most likely to stay for the long haul. In fact, 62 percent sai…

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by Joe Lombardi
Lifestyle
Future Forecast: Here's How Americans Expect Life To Look In 40 Years Future Forecast: Here's How Americans Expect Life To Look In 40 Years
Future Forecast: Here's How Americans Expect Life To Look In 40 Years Renting forever. Working less. Living with robots. That’s the vision many Americans have for the year 2065. A new survey asked 2,000 adults to imagine what life could look like four decades from now. The predictions suggest a future shaped more by practicality and technology than luxury or tradition. Among the most striking forecasts: Twenty-five percent of respondents said they expect to rent for life, and only 35 percent of non-homeowners believe they’ll ever own property.  As for the price tag? The average home is expected to cost more than $680,000 — about $270,000 higher than to…

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by Joe Lombardi