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Study: Virus Has Sent Most Adult Children To Live At Home

PYMNTS

are living with their families, according to a new report. economy overall , reflecting the importance of the housing market to overall economic growth,” the survey said. Earlier this year, the Pew Center reported that despite the lowest mortgage interest rates in a generation, young adults face obstacles to home ownership.

Study 131
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Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. 2,420 in Boston and $2,300 in Seattle for a no-frills one-bedroom, probably a walk-up. Co-living companies in the U.S.

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Why Pride Vendors Are Forgoing Cash For mPOS

PYMNTS

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Her needs are relatively simple.

San Diego 137
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As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials. According to a new report from Aite , 73 percent of U.S. It cites a figure from the Federal Reserve Bank of Boston that says more than 80 percent of rent payments are made via cash or paper checks.

Industry 105
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Reimagining The Bar Experience Without The Booze 

PYMNTS

percent it fell in 2017 according to IWSR, an industry tracker for the drinks market. . Both Anheuser Busch and Boston Beer Company (better known as Sam Adams) have released their own versions of spiked seltzer. Folks in the Millennial generation have maybe a better sense of balance. In 2019 alcohol consumption in the U.S.

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Gradifi CEO On Disrupting Student Loan Disruption

PYMNTS

In an interview with PYMNTS’ Karen Webster, Gradifi’s new CEO David Chang — all of a week and a half in his role and a PayPal alum (where he helmed that firm’s Boston office) — said that all too often in conversation with young borrowers, it becomes apparent that debt is steering their career choices. What’s On Offer.

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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities.

Payments 131