This is this weekâs ForbesWomen newsletter, which every Thursday morning brings news about the worldâs top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list!
To all the single ladies out there: how are your home-buying dreams doing these days? If itâs feeling like your progress is lagging, youâre not alone. New data shows that the gender gap in homeownership is widening, and itâs largely the result of the pandemicâs disruption to womenâs ability to work.
Forbes real estate contributor Brenda Richardson reported this week that homeownership rates for single women dropped to 24.5% last year after hitting 28.6% in 2021. This wipes out almost half of the gains single women had made since 2016, when the rate of homeownership was at an all-time low of 19.4%. Meanwhile, the homeownership rate for single men increased by 2.7% in 2022 to an overall 33.1%, and economists suggest that the home-buying landscape will remain hairy in the near term.
âWith rising and volatile mortgage rates furthering affordability challenges, the road to affordable homeownership remains an uphill battle,â Zillow chief economist Skylar Olsen says. âIt may take creative solutions or even doubling up in a home to achieve that dream.â
Cheers,
Maggie
P.S.: I wanted to drop a quick reminder that weâre looking for the next class of Forbes 50 Over 50, so nominate yourself today! Weâre also looking for fast-growing female-founded companies to consider for our Next Billion-Dollar Startups list. Know a future unicorn? Nominate her here!
Featured Forbes Profile: Meet The Marine Biologist-Turned-Entrepreneur Restoring Coral Reefs Using 3D Printing And Clay
Vriko Yu launched a startup on the back of her Ph.D. studies in biological sciences. Now sheâs the cofounder and CEO of Archireef, a climate tech venture thatâs working to restore fragile marine ecosystems by using 3D printing technology and some good old-fashioned terracotta. âWhen it comes to climate tech, most people are focusing on reducing carbon emission,â Yu told Forbes. But in her view, active restoration is just as important.
ICYMI: News Of The Week
Does it make sense to delay motherhood for your career? A new survey of 1,000 U.S. women who chose to delay motherhood until after the age of 35 reveals that 93% feel their reproductive choices allowed them to accomplish goals related to lifestyle or finances.
Speaking of womenâs reproductive health, did you know that March was Endometriosis Awareness Month? As ForbesWomen contributor Lisa Falco writes here, awareness about this painful and debilitating disease is increasing, but we still need better treatmentsâand, like so many other issues, more than one month of talking about it.
Elizabeth Warren announced this week that she is running to keep her Senate seatâand itâs not a coincidence that her news comes on the heels of multiple high-profile bank collapses.
In other political news, Rep. Sheila Jackson Lee (D) announced she will run for Houstonâs open mayoral seat this year, instantly making the outspoken progressive the most recognizable candidate for the job running the nationâs fourth-largest city.
The Checklist
1. Step off the toxic productivity hamster wheel. Toxic productivity can be described as the uncontrollable need to feel productive at all times, at all costs, and it can become harmful to your mental and physical health. Here are some strategies for identifying and undoing the damage.
2. Support your middle managers. Middle managers are experiencing high levels of depression and anxiety compared with other roles in organizations, according to a study by Columbia University. These are the five means of support they most need right now.
3. Stop sabotage tactics from ruining your meetings. Sixty-five percent of people who dislike their jobs report that they’re frequently stuck in unproductive meetingsâand it might be because one of these four ways that colleagues are sabotaging those meetings.
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