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Saturday December 28th 2024

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Term Sheet | Solo nation: American consumers stay single


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“The extraordinary rise of living alone is among the greatest social changes since the baby boom. Until recently, no culture in human history had sustained large numbers of people in places of their own. Today more than 40% of households have just one occupant in cities such as Atlanta, Washington, D.C., Denver, St. Louis, and Seattle. In Manhattan, nearly 50% of households consist of a single occupant, a number that seems impossibly high until you discover that the rate is similar in London and Paris, and even higher — a staggering 60% — in Stockholm.”

Read the entire article at Term Sheet: Solo nation: American consumers stay single.

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