The Chatter: The Chatter for Sunday, April 19

Posted by Unknown on Saturday, April 19, 2014

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Business Day |The Chatter for Sunday, April 19

http://nyti.ms/1i4IPTc

â€œYouâ€™ll see us exploring new areas that we felt we didnâ€™t have the room to do before.â€ Mark Zuckerberg, the chief executive of Facebook, who has been working on revamping the way the company creates and distributes new services, focusing on apps.

â€œItâ€™s like, are you still living with your mom? Yeah, are you? Yeah.â€Stella Santamaria, a divorced 40-year-old math teacher, talking about herself and her fellow teachers. She has been looking for an affordable apartment in Miami for more than six months. Nationally, half of all renters are now spending more than 30 percent of their income on housing, according to a study.

â€œNo one is watching over all this money changing hands. So it seems like itâ€™s being done underground, but itâ€™s perfectly legal.â€

Marshal Cohen, chief industry analyst of the NPD Group, talking about a thriving subculture in which teenage â€œsneakerheadsâ€ use Instagram, Facebook and weekend conventions to spot, sell and trade coveted, sometimes limited edition pairs of basketball shoes.

A version of this article appears in print on April 20, 2014, on page BU2 of the New York edition.