Tag Archives: Forbes

Libraries Across The United States Are Ending Fines For Overdue Books

By Rachel Kramer Bussel, Senior Contributor Media, Jul 30, 2021,07:49am EDT

Numerous libraries across the United States are eliminating fines for overdue books.
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Libraries across the United States are eliminating late fees for overdue books.

In Burbank, California, the Burbank Public Library became fine free on July 1, eliminating fees for overdue books and cancelling historical overdue fees.

Of the switch, the library wrote on its website, “This move is part of our efforts to improve equity of access. While fines for overdue items may seem like a small burden, they can create a major barrier to service for those who are struggling financially. Too many people have made the choice to stop using the Library because of inability to pay or fear of accruing fines.”

The library also stated, “Research has shown that fines are not effective in getting materials returned on time, and libraries that have eliminated fines have found that long overdue items come back and patrons who avoided the library for years start visiting again.” Fines won’t be charged for lost library cards, or holds that aren’t picked up, but will still be charged for lost or damaged checked out items.

Source: Libraries Across The United States Are Ending Fines For Overdue Books

Baby Boomer Migration Tilts Toward Las Vegas, Tampa And Phoenix

Editors’ Pick | Apr 28, 2021,03:23pm EDT | 517 views

Brenda Richardson, Senior Contributor, Real Estate, I cover residential real estate, including buying, selling and trends.

Sunny retirement locations are still a big draw for Baby Boomers.
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Baby Boomers are the wealthiest generation of Americans alive today, and while some may no longer be active in the housing market, plenty are still looking to buy homes.

But where are Baby Boomers looking to buy? To answer this question, LendingTree analyzed mortgage purchase requests made in 2020 on the LendingTree platform across the nation’s 50 largest metropolitan areas.

Here’s what the study found:

Las Vegas, Tampa and Phoenix are the metros where Baby Boomers make up the largest share of mortgage purchase requests. In Las Vegas, 19.97% of purchase requests came from Baby Boomers. In Tampa and Phoenix, the numbers are 17.33% and 16.36%, respectively.

–from article
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