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How rental ‘libraries of things’ have become the new way to save money (www.theguardian.com)

submitted 7 months ago by [email protected] to c/[email protected]

224 comments fedilink hide all child comments

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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[–] [email protected] 5 points 7 months ago (1 children)

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.

[–] [email protected] 1 points 7 months ago (1 children)

You don't have a tax for owning "abandoned" housing (inhabited by noone)? There should be.

[–] [email protected] 1 points 7 months ago

There's a tax for foreign ownership now,I think..