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Couples may be happier after a divorce, but they have a lot to lose financially. When Margye Solomon decided to end her 33-year marriage, she knew her finances would take a big hit. “I didn’t have enough money to retire before I got divorced, and I have less now,” said Ms Solomon, who, at 71, still works full time as head of social enterprise and non-profit partnerships at Ellevate, a global women’s network. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month $9.90 $9.90/month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel nowJustin Herbert avoiding interceptions at record rate as Chargers target Buccaneers3 Growth Stocks That Could Skyrocket in 2025 and Beyond
California Water Service Group Named One of “America’s Most Responsible Companies” by Newsweek for Fourth Consecutive YearNEW YORK , Dec. 12, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global tiny homes market size is estimated to grow by USD 4.82 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 5.37% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Product 1.1 Mobile tiny homes 1.2 Stationary tiny homes Application 2.1 Home use 2.2 Commercial use Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The mobile tiny homes market has experienced significant growth in recent years, driven by the affordability and ease of use of these homes. Mobile tiny homes are built in factories and transported on wheels or trucks to the desired location, making them a popular option in the affordable housing market. The US and Australia are the largest contributors to the global mobile tiny homes market. The increasing cost of conventional houses and the need for savings among retirees are key factors driving demand. Tiny Home Builders is one vendor providing custom-built, mobile, road-legal tiny houses in Europe and the UK. The advantages of mobile tiny homes include affordability, ease of maintenance, environmental friendliness, and flexibility. Vendors like The Tiny Housing Co offer various models, such as the Alpine, which is 13 feet long and 8.5 feet wide, equipped with essential appliances. Enhanced product offerings will intensify competition and boost market growth. Analyst Review The Tiny Homes Market offers affordable and sustainable housing solutions for individuals seeking minimalist living options. This housing trend, also known as the Tiny-House Movement, downsizing and eco-friendly designs. Handcrafted lofts and humble abodes are popular choices, reflecting the Handcrafted Movement's influence. Sustainability is a key focus, with resources conserved through mass customization and personalization. Construction materials are carefully selected for their durability and environmental impact. Rental facilities and land are essential resources for those unable to own their own homes. Sustainable development and eco-friendly designs are crucial, as inflation and rising living costs make affordable housing solutions increasingly important. Tourism activities surrounding tiny homes add to their allure, showcasing unique and innovative residential buildings. Market Overview The Tiny Homes Market is experiencing significant growth due to the Handcrafted Movement and the increasing preference for minimalistic living among Millennials. Lofts and custom-built Tiny Homes are popular housing solutions for Individuals and large families, offering affordability and sustainability. Construction materials, such as Concrete and Cube Two Prefab, are in high demand for both Mobile Tiny Homes and Stationary Tiny Homes. Consumer Behavior indicates a shift towards eco-friendly designs and Sustainable development. Customization and innovation are key trends, with Mass customization and Personalization allowing buyers to create unique living spaces. Tourism Activities and Remote work are driving the demand for Tiny Homes as versatile living spaces. However, market restraints include Rental inflation, Resale problems, and Raw Material Shortage. Economic Slowdown and Inflation are also factors affecting the market. The Tiny-House Movement continues to gain momentum, with 3D printing technology offering new possibilities for Residential Buildings. Tiny Home Builders are offering Affordable Living Options and Sustainable living solutions, appealing to those seeking a minimalist lifestyle and Flexibility and mobility. The market for Tiny Homes is diverse, catering to both Home Use and Commercial Use. With the focus on affordability, versatility, and Sustainability, the future of the Tiny Homes Market looks bright. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 11.1 Skyline Champion Corporation 11.2 CargoHome, 11.3 Tiny SMART House, Inc 11.4 Tumbleweed Tiny House Company 11.5 Berkshire Hathaway Inc 11.6 Aussie Tiny Houses 11.7 Mustard Seed Tiny Homes LLC 11.8 Mini Mansions Tiny Home Builders LLC 11.9 Cavco Industries, Inc 11.10 Nestron 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/tiny-homes-market-to-grow-by-usd-4-82-billion-from-2023-2028--report-explores-ai-driven-transformation-across-segments-by-technavio---technavio-302328785.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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AT&T Declares Dividends on Common and Preferred SharesNEW YORK -- Depending on who you ask, small business owners say congestion pricing could be a blessing or a curse. When Gov. Kathy Hochul initially canned the plan , she said did so in part because small business owners were afraid of losing customers who travel by car. Some business owners recently offered their take. CBS News New York spoke with four different businesses that acknowledged shipping costs could go up even with the decreased $9 congestion fee , but they differ on whether congestion pricing hurts or helps them. "We're going to probably lose at least 25% more business," said Danny Reina, general manager of Wall Street Grill. Reina said business is still struggling to come back from the pandemic, adding instead of business clientele, it has become more of a destination for family celebrations. "The dinners, it's moving along steadily, but it's not what it's supposed to be," Reina said. Even with the $9 toll, the general manager of Wall Street Grill says the restaurant may have to reduce its lunch service. The luxury upscale kosher restaurant on Pear Street had just two parties in for lunch on a recent weekday. Reina said he also fears losing employees who live in transit deserts. He commutes from the Long Island town of Westbury by car. "I don't see [the congestion roll] decreasing traffic. We're out here between 11:30 p.m.-12 a.m. When you're getting out at the time, there's no trains. It easily is going to cost me $1,200 to $1,400 a month just taking the train." The chair of the MTA has said less than 1% of people in the region drive to the Central Business District for work, and that those who do will now have a faster ride. Some business owners against congestion pricing have sued the MTA to stop it. Those who are optimistic about the plan say it can't come soon enough. Over on Varick Street, traffic leading to the Holland Tunnel backs up past Zafferano America, a lamp and tabletop store. CEO Barrett Gross said he believes it deters customers who mostly come by foot. "It'll reduce the amount of traffic that's right outside our front doors, and that'll be more pleasant for people who are shopping here," Gross said. His is one of 150 businesses that are part of the Hudson Square Business Improvement District. The organization did a 2023 study that found 93% of people ride the train, bike or walk in the area. "We actually pay for private crossing guards after 3:30 in the afternoon to help people cross Varick Street, said Samara Karasyk, the business improvement group's president and CEO. "And so, the better our transit system, the more people will take the transit system to come here." In the West Village, Aviv Brawer-Cohen, the co-owner of Nati clothing boutique on Bleeker, is optimistic congestion pricing will help the store, and another on Prince Street in SoHo. "Our stores are located right next to the Christopher Street station, West 4th Street, Bowery, Broadway, and these stations are often times filthy," Brawer-Cohen said. "Now, this city will have dedicated revenues to clean up these stations and make trains run more reliably." One could say that opinion is a diamond in the rough in the Diamond District. Diamanti NYC co-owner Kerri Lavine said she would not feel comfortable with one of her employees carrying pricey stones on the subway. "Not really, honestly. I'm uncomfortable getting on the subway," Lavine said. Lavine said customers drive in to West 47th Street from across the region. "We make women happy and we make men cry," Lavine said. Crying may be the only option for the 2,600 small businesses that are part of the Diamond District Partnership. "All the different companies, they do pickup, plus we have armored companies that are here," executive director Avi Fertig said. "You can't send it by messenger and bicycle. It needs to be done in a very careful, role-planned way." Lisa Rozner joined CBS News New York in 2017. She covers a wide range of stories.
