The future of stuff is shared or rented. Instead of having to purchase their own items, consumers are looking for ways to rent or share. The new approach to stuff has numerous benefits, including lower costs for consumers, a large reduction in waste and a larger variety in rented items.
The idea of renting isn’t new—people have been renting apartments and cars for decades. But renting in the future will expand to include a huge variety of items.
We’re already seeing the future of shared and rented items with these innovative concepts and companies:For many people in urban areas, it doesn’t make economic sense to own a car. Between the maintenance and insurance expenses, plus the high price of long-term parking, the cost can seriously outweigh the benefits when public transportation is so readily available. Car-sharing services like
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