People are snatching up vacation homes. And many are paying with cash
CNN
It's not just puppies and sourdough starter. Another thing that spiked during the pandemic: the purchase of vacation homes.
Remote workers who were able to log on from anywhere snapped up homes in vacation areas, sending seasonal home purchases skyrocketing last year. Vacation home sales rose by 16% in 2020 from the year before, outpacing overall growth in existing-home sales last year which was 5.6%, according to a report from the National Association of Realtors. And the trend has continued into this year with sales already up 33% through April over last year.
Today’s chief executives are the last generation to manage all-human workforces as companies increasingly adopt artificial intelligence, Salesforce CEO Marc Benioff said Thursday.
President Donald Trump’s meme coin may be a textbook cash grab — not unlike his $60 made-in-China Bibles and his $400 gold sneakers — but it’s not the kind of venture that can catapult his wealth into the stratosphere.
Unexpected catastrophes such as wildfires can completely change the character of a community, as larger, more expensive homes are built, attracting buyers from a different socioeconomic status.
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A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.
Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
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Need a new computer, television or phone? You might want to consider getting one now.
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