Finally: Hope for Millennial Renters | An Old Boys’ Club for Women

www.ozy.com [OZY.COM]( [VIEW ONLINE]( 10 MUST READS TODAY [Daily Dose]( Sunday May 19, 2019 1 [Fast Forward]( [Fast Forward]( [Struggling to Make Rent? For Middle-Class Millennials, Help Is on the Way]( New financial models could offer a lifeline to young professionals struggling with costly housing. When Ben Jones listed an apartment on Craigslist in March, he received more than 40 replies within two days. Some desperately pleaded that they were ready to move in the next day, he says. His apartments in Mohave County, Arizona, are in high demand because Jones hasn’t raised rents in the eight years since he became a landlord. His apartments start at $650 a month, while the average in the area is $1,400. Luckily for middle-income homeseekers, Jones isn’t the only one offering unique solutions to a housing crisis that’s crippling millennial dreams. Rents in America rose by 64 percent between 1960 and 2014 (adjusted for inflation), while real household incomes only increased by 18 percent, according to census data analysis by real estate platform Apartment List. But millennials, many of whom began working on the heels of the Great Recession in 2008, have been worst hit. Since the recession, developers have largely abandoned new construction of housing within a monthly rental range of $750 to $1,000 — some call this “workforce housing” — says Patrick Lynch, vice president of research at Middleburg Real Estate Partners. For developers, such units haven’t offered the attraction of either the government tax incentives that encourage companies to invest in low-income affordable housing or the high margins possible from costlier homes. Now, a growing band of investment firms, public-private partnerships and tech companies are devising creative interventions to fill this workforce housing void. [READ MORE]( 2 [The Huddle]( [The Huddle]( [This WNBA Star Plans to Build an Old Boys’ Club — for Women]( From franchising to venture capital, Alana Beard is on a mission to change the game. Alana Beard wasn’t quite sure what life as an intern would be like. A four-time WNBA All-Star, reigning back-to-back Defensive Player of the Year and 2016 WNBA champion with the Los Angeles Sparks, it had been a while since Beard was anything other than an organization’s front-facing leader. But Beard’s post-career aspirations extend well beyond basketball. So this past offseason, she set about making herself uncomfortable at venture capital firm Next Play Capital. [READ MORE]( 3 [Opinion]( [Opinion]( [Donald Dossier: Is Anyone Directing the Bad Cop?]( The drumbeats of war with Iran are rising from National Security Adviser John Bolton. It’s unclear whether Trump is reining him in. A favorite, and revealing, phrase of Donald Trump’s is “central casting.” He enjoys advisers, aides and Cabinet secretaries who look the part in a presidency exquisitely constructed for the camera. That’s how you get a former Marine Corps general as chief of staff and a former TV anchor at one point tapped to be ambassador to the United Nations. [READ MORE]( 4 [Acumen]( [How Much Will the US-China Trade War Cost You?]( New tariffs mean new price hikes … and U.S. households are going to bear the brunt. 5 [Wildcard]( [When 1 + 1 Doesn't Equal a Threesome]( OZY’s Eugene S. Robinson addresses queries from the love-weary in “Sex With Eugene.” 6 [Immodest proposal]( [If Abortion Is Murder, Then Miscarriage Is ...]( Many pro-life advocates in the U.S. define abortion as murder. So should that mean miscarriage constitutes involuntary manslaughter? 7 [Need to Know]( [OZY Fest Is Back! Presale Tickets Now Available]( Welcome to New York’s most eclectic festival of music, comedy and ideas. 8 [Good Sh*t]( [Game Your Way to Enlightenment With This App]( This meditation app, based on acts of “kindfulness,” is finding new paths to spiritual enlightenment and world peace. 9 [Rising Stars]( [He's Bringing Text Message Trading to Southern Africa]( Collen Tapfumaneyi’s innovative platforms are helping democratize the stock market in Zimbabwe. 10 [Need to Know]( [Look Closer: An Invasion of Tankers or ...]( Shipbreaking is a tough profession, and the industry is responsible for a surprising amount of water, soil and air pollution. You Should Know This [I Was Afraid to Reveal My Gender to My Boyfriend … and I Lost Him]( OZY Media Mountain View, California 94040 This email was sent to {EMAIL} [Manage Subscriptions]( | [Privacy Policy]( | [Read Online](