The precarious rental economy

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Axios

Everything is a service, these days. Here’s investor Mikal Khoso:

Today you can rent living space flexibly based on your needs (AirBNBStoop), commute from that space without ever buying a car (Wheels, Uber, Lyft), rent clothes to fill your closet (Le Tote), rent specific appliances based on your needs (Joymode) and rent the furniture you fill your apartment with (Fernish).

Why it matters: There’s a lot to be worried about in this brave new world where our entire lives are dominated by rentiers, even if investors like Khoso have managed to persuade themselves that everybody wins.

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