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Moving from an Ownership to a Rental Society
June 12th, 2013
In two recent columns, here and here, I wrote about two of the three consumer economic trends that are and will dramatically change consumer and buyer behavior well into the 2020s. In this column I address the third major consumer economic trend, moving from an ownership to a rental society. This trend as with the prior two will be prevalent primarily in the developed world and then spread globally in a decade or so.
Four years ago I started to suggest that in the United States, the reorganizational recession of 2007-2010 might have broken the aspirational, patriotic …