It is assumed that renters will spend 30% of their income on housing, that figure is used to calculate poverty, inflation, and government benefits. That number is increasingly becoming a fantasy. Continue reading… “What is the hourly wage you’d need to afford a 2-bedroom rental in every state?”
The shift to a renting economy might actually be a good thing
Renter-occupied housing market has exploded.
The population of Philadelphia shrank by a quarter between 1970 and 1990. Philadelphia’s population dropped from 1.95 to 1.59 million during that time period. Like many American cities, it seemed caught in a downward spiral.
Continue reading… “The shift to a renting economy might actually be a good thing”
Giant car vending machine could steer people away from private car ownership
Kandi Technologies car vending machine.
The company, Kandi Technologies is based in Hangzhou, China. They want to challenge the idea of traditional car ownership. In a country where air pollution is a serious environmental and health hazard, the company has created a giant vending machine that allows citizens to rent electric vehicles on an hourly basis. With a fleet of more than 100,000, Kandi already has plans to expand to other cities this year.
Continue reading… “Giant car vending machine could steer people away from private car ownership”
Renting toys for Christmas a growing trend
Santa wants his toys back, kids!
Many parents are choosing to rent toys this holiday season instead of dishing out big money to buy the latest and greatest playthings. In addition to potentially saving money, toy rental is a way to keep down the toy clutter.
Continue reading… “Renting toys for Christmas a growing trend”
Students can now rent e-textbooks on Kindle
Students can now rent e-textbooks for periods from 30 to 360 days.
E-book textbook rentals have just been introduced by Amazon just in time for the fall semester. This will allow students to save up to 80 percent on some titles. E-textbook rentals can be viewed not just on Amazon’s e-reader (and rumored Amazon tablet) but also on any device that can download the Kindle app including PCs, iOS devices, and Android phones and tablets. The rental option isn’t available for general interest e-books, just e-book versions of textbooks.
Continue reading… “Students can now rent e-textbooks on Kindle”






