The millennial population is increasingly taking over the housing market, but according to a new study, done by Brookings, there are certain cities young adults are gravitating towards more than others. Mark Abadi, Strategy Reporter at Business Insider joins Cheddar to talk through some of the winning cities.
Colorado, Texas and Florida boast the most cities on the list. Surprisingly, North Dakota experienced the most growth in its millennial population attributed largely to the energy-driven economic boom that peaked in 2012 and the jobs that came with it.
But what is attracting young adults to these particular cities? Abadi says it's a combination of cost of living, quality of life, employment, civic engagement, education opportunities and climate. Many of the states millennials are gravitating are in the South.
Legendary musician Louis Armstrong's many contributions to music and culture are on display at a museum built at his longtime Queens, New York residence. Regina Bain, executive director of the Louis Armstrong House Museum, joined Michelle Castillo and spoke with Cheddar News about the iconic trumpeter, the museum's background and history and displayed some historic artifacts from the musician's past.
With several high-profile divorces of longtime powerful couples in the headlines recently, Cheddar News highlighted the importance of protecting your assets after splitting up. Correspondent Janice Lieberman explained how figuring out finances before signing those papers is a must.
