Silicon Valley and the Rent-to-Own Trap

Inside the rent-to-own startup that’s putting aspiring homeowners in financial jeopardy:

Old-fashioned as it may seem, the association between homeownership and the American dream has endured—and with good reason. Homeownership remains the primary driver of wealth creation in the U.S. Conversely, Americans who rent have just one-fortieth of the household wealth that homeowners enjoy, according to the Joint Center for Housing Studies at Harvard University. Soaring home price appreciation is further exacerbating this inequality—along with the wealth gap between white households and households of color, who are less likely to own.

The customers whom Divvy targets have been living in the shadow of these trend lines. They may not have good credit scores, steady employment histories, or 401(k)s, but they are well aware that their ability to retire depends on their homeownership status. When Divvy appears in a Facebook ad and offers them a chance at safety and security, they often stretch their finances and take a gamble. For half of Divvy customers, according to the company, the bet pays off, and they become homeowners. But others find themselves in over their heads. They deplete their emergency funds and borrow from family in order to cover Divvy’s down payment fee. While paying top-tier rental rates, they struggle to find the extra cash to cover surprise maintenance bills. If they want or need to exit their contracts early, they lose essential savings. And, as pandemic protections for renters expire, they face eviction in increasing numbers.

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Eminem Found Himself in “Lose Yourself.” Will We Ever Let It Go?

On the [checks notes, sighs] twentieth anniversary of Eight Mile, Jake Kring-Schriefels dives deep into the construction of its most lasting imprint—a soundtrack single that sat atop the charts for months and found eternal life as a sports-arena anthem. To quote the song, there’s no Mekhi Phifer, but Jake Kring-Schreifels pulls together the producers and musicians who helped make it happen. As good a songwriting feature as you’re likely to read.

Well before the movie was released, Martin remembers hearing a rough version of the song for the first time with a group of people. “It was a combination of the script and Marshall’s actual tale,” Martin says. “I was like, ‘What the fuck, are you kidding? How did you put that together?’” When Fenelon listened to the song before the final mix, she had a similar reaction. “It’s one of those moments—and it doesn’t happen very often, even though I was in the music business—where the hair stands up on the back of your neck,” Fenelon says. “You just know that this is going to be a huge song.”

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The Problem With Canon

When you’re a kid, sequels are fun. Easter eggs are mindblowing. The fractal unfolding of a fictional universe across ever-more-specific installments — each one informed by that universe’s previous incarnations — can feel like an infinite promise. But what starts as a thrill can curdle into obligation, as Westenfeld is the latest to point out. So how to undo the burden? Reject fealty.

Canon has a big problem, and the call is coming from inside the house. It’s not hard to see how this obsession with canonical fealty has hamstrung Marvel and Lucasfilm, two franchise juggernauts whose every innovation is punished by a fan meltdown. When storytellers are held hostage by their own audiences, it undermines their ability to do what artists do best: explore, revise, play. This is the problem with storytelling in the age of the mega-franchise—all too often, the impulses of abiding canon conflict with the impulses of making art. 

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A Child Star at 7, in Prison at 22. Then She Vanished. What Happened to Lora Lee Michel?

A riveting story of a child star who went off the rails. Told by Stacy Perman with great sensitivity and care, the full story of Lora Lee Michel is finally pieced together.

Soon, I was watching Lora Lee’s films, excavating archives, sifting through old movie magazines, reading newspaper clippings, obituaries, county clerk records, letters and court filings. Like an anthropologist, I began tracing genealogy reports and tracking down anyone who crossed paths with her, trying to understand what they might tell me about who Lora Lee Michel was and what happened to her. Eventually, I discovered the many hidden threads of her life. 

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Constraints: A Hometown Ode

Anne P. Beatty never planned to move back to her hometown of Greensboro, North Carolina. But at 33, she did. In these lovely musings at The Rumpus, Beatty reflects on ambition, becoming a writer and an English teacher, and the fear of stasis when a person returns to the place they grew up. She also writes beautifully about adolescence and adulthood — what we hope for ourselves, and simply what is.

When we talk about our hometowns, we’re likely also talking about the rocky geography of adolescence: its intractable grip on our throats, which we might conflate with the landscape in which we were almost, but not quite, free. Adolescence is an age marked by deficit— what we don’t have, or don’t have yet.

My desk faces the wall; I don’t want to see the horizon when I write. As a kid, I was constantly looking beyond myself, beyond my world. What’s out there to see? To write about? Now, I just want one more hour, thirty minutes even, to work from within.

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Encounters With Ghosts

October may be in the rearview, but our love of the paranormal persists. In The Paris Review, Sadie Stein recounts her first visit to the New York Spiritualist Church — and her family’s longstanding relationship with the spectral. Less a ghost story itself than an ode to the thin veil.

So ghosts were an established fact of my life when I was growing up, maybe the only real religious certainty we inherited. My grandmother—also a churchgoing Christian—accepted their existence with the same serene passivity with which she did everything. My mother claims to have seen a few. I have not. I used to think I’d never see a ghost because I wanted it too much, as though the spirits of dead people behaved like an underwritten man from an early season of Sex and the City. I’d even lived after college in a converted brownstone that was widely considered to be haunted—former tenants had seen apparitions and my roommate had had unsettling experiences with slamming pocket doors and rogue electronics. I never felt anything at all. But my faith is solid.

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How to Speak Honeybee

Bees speak complex languages and, just like human communities, have dialects. Through body movements, vibrations, and dancing patterns, bees can communicate with other hive mates, and also exhibit sophisticated forms of democratic decision-making. In this fascinating piece, Karen Bakker explores how advancements in AI and robotics are enabling scientists to communicate with honeybees in their own language — which opens up a whole new world of research and science. Swarm robots! Smart hives! Militarized bees on search-and-rescue missions! “To witness biohybrid bees engaging in reciprocal (if rudimentary) interspecies communication gives me a numinous sense of awe. To witness bees being converted into disposable, militarized sensing devices gives me a sense of dread,” writes Bakker. “These two choices are emblematic of humanity’s relationship with nature. Will we choose dominion or kinship?” Bakker lays out some incredible possibilities.

Seeley’s findings bolstered the arguments of those who argued in favor of referring to honeybee communication as language. And by demonstrating that the “hive mind” was more than mere metaphor, Seeley also stimulated advances in swarm intelligence in robotics and engineering.

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