What Do You Get the Person Who Has Everything? Perhaps a German Village for Less Than $150,000

TOBIAS SCHWARZ/AFP/Getty Images
TOBIAS SCHWARZ/AFP/Getty Images

Looking for a gift for the world traveler who has everything? If cost isn't an issue and they're longing for a quiet country home, Fortune reports that an entire village in East Germany is up for sale. The tiny hamlet of Alwine, in Germany's Brandenburg region, is going up for auction on Saturday, December 9. Opening bids begin at $147,230.

Alwine has around one dozen buildings and 20 full-time residents, most of them elderly. It was once owned by a neighboring coal plant, which shut down in 1991, soon after East Germany reunited with West Germany. Many residents left after that. Between 1990 and 2015, the regional population fell by 15 percent, according to The Local.


TOBIAS SCHWARZ/AFP/Getty Images

In 2000, a private investor purchased the decaying hamlet for just one Deutsche Mark (the currency used before the euro). But its decline continued, and now it's up for grabs once more—this time around, for a much-higher price.

Andreas Claus, the mayor of the district surrounding Alwine, wasn't informed of the village's sale until he heard about it in the news, according to The Local. While no local residents plan to purchase their hometown, Claus says he's open to fostering dialogue with the buyer, with hopes of eventually revitalizing the local community.

[h/t Fortune]

America's Divorce Rate is Declining—and We Have Millennials to Thank for It

iStock/Jason_Lee_Hughes
iStock/Jason_Lee_Hughes

Millennials are reportedly killing off yet another cultural mainstay, but this time, it may be a good thing. According to Bloomberg, divorce rates are going down, thanks to the commitment powers of younger generations.

Between 2008 and 2016, the divorce rate in the U.S. dropped by 18 percent, according to a new analysis of data from the Census Bureau’s American Community Survey. Controlling for related factors like age (older people are less likely to get divorced than younger couples), the rate still dropped by 8 percent. By contrast, Baby Boomers have consistently divorced at higher rates than previous generations.

Many declines that Millennials are blamed for—like rates of homeownership or having kids—can actually be attributed to the dismal finances of a generation that came of age in a recession, is saddled with crushing student debt, and faces high costs of living and low wage growth. Divorces can be expensive, too. Yet several trends point to a higher likelihood of marriage stability for the Millennial generation that has nothing to do with finances. On average, Millennials are marrying later in life, and spending more time dating partners prior to marriage than earlier generations, both of which correlate with a lower chance of divorce, according to social scientists.

“The U.S. is progressing toward a system in which marriage is rarer, and more stable, than it was in the past,” author Philip Cohen writes in the paper.

Sorry, law school students, but it looks like being a divorce lawyer is going to get a little less lucrative in the future.

[h/t Bloomberg]

Tune in Tonight: Mental Floss on Jeopardy!

All that time you've spent on here is about to pay off.

Tune in tonight for Jeopardy! and you'll catch the debut of the "I Learned It From Mental Floss" category. Big bucket list moment for us.

We've been working closely with the Jeopardy! team over on Instagram, sharing amazing facts on both @jeopardy and @mental_floss. Study up!

Check your local listings for stations and show times.

SECTIONS

arrow
LIVE SMARTER