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How rental ‘libraries of things’ have become the new way to save money (www.theguardian.com)
submitted 2 years ago by to c/technology@lemmy.world
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The theory is simple: instead of buying a household item or a piece of clothing or some equipment you might use once or twice, you take it out and return it.

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[–] 4 points 2 years ago (2 children)

In great Montreal area it's more and more enormous, condo 1000sqft+, thousands of them, that people cannot buy because they are too expensive, I don't understand the system

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  • [–] 5 points 2 years ago (1 child)

    Yeah they built these big ass luxury condo towers downtown and most of them are empty. I know because I can see in them from my office building.

    Some argue this allows richer people to move out of smaller units therefore freeing them for others. But instead you have international investors coming in to buy them up as a real tax haven. Or the rich will simply buy them but keep the old ones and rent them at a premium. It doesn't help at all.

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