expensive
If you’ve got millions in the bank and you want to spend them slowly, don’t move to Singapore.The Asian city-state is the most expensive major global city for high-net-worth individuals (HNWIs) to live in, according to a new report.Shanghai has dropped down the rankings from last year, falling from second…
Last September, New York City began enforcing its strict new regulations on short-term rentals. Since then, the number of legal short-term rentals listed on Airbnb and other platforms has plummeted.Less than a year into the city’s policy, known as Local Law 18, it’s not clear whether the near-ban is achieving…
This as-told-to essay is based on a conversation with Derek Edwards, a 28-year-old theology teacher and soccer coach who moved from Denver to Miami this month. The conversation was edited for length and clarity.I ended up enjoying Denver a lot more than I thought I would. I had planned to…
This as-told-to essay is based on a conversation with Patrice Poltzer. It has been edited for length and clarity.We rented in Brooklyn; even the most basic day camps cost more than $1,000 for the two of them. My husband, Olly, and I calculated that we’d spend at least $12,000 sending…
EVs have an affordability problem.According to Edmunds data, the average transaction price of an EV in 2023 was $61,702 versus $47,450 for other vehicles.That affordability gap seems to be deterring would-be EV buyers, with some opting to go for hybrid vehicles instead, which are typically cheaper than fully electric vehicles.Luckily…
The median price of an existing home climbed 5.7% year-over-year in April to $407,600, keeping pressure on prospective homeowners already dealing with high interest rates. According to the NAR, that’s the tenth month in a row of year-over-year increases and the highest-ever tally for the month of April.Home prices rose…
New student-loan borrowers are set to see the highest interest rates in over a decade.Wednesday’s Treasury auction dictated the new interest rates for federal student loans from July 1, 2024, to June 30, 2025 — and they’re set to increase significantly for borrowers taking out new loans for the upcoming…
Amber Peacock, 28, grew up in England and lived in Scotland with her now-husband. Now her family is living their American dream in south Florida.”My husband and I from a very young age, separately before we crossed paths, have always wanted to move to America,” Peacock said. She said they…
