Furniture Rental-The Next Big Home Design Trend for Millennials
Millennials spend a lot more on other things compared to old generations. but they are still interested in having extraordinary interior design pieces.
Nowadays it doesn’t seem so important to possess houses, cars or other things, but what it is more important is travelling and discovering the world! Many millennials do not put so much emphasis on ‘owning’, so putting money aside for the dream house doesn’t seem to be the first priority anymore. According to the Bank of America Merrill Lynch, millennials spend a lot more on tech, clothing or eating out compared to old generations. However, they are still interested in having extraordinary interior design pieces, but without spending too much.
Buying furniture is not practical or worth it for many people, so it seems like home decor-based rental services seems to be the new trend!
“It’s no longer about owning a dream house, accumulating cars, and the ‘white picket fence,'” says Jay Reno, founder and CEO of trendy furniture rental service Feather.
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Taking into account how difficult is to move out, especially for city-dwellers, renting furniture looks like the best alternative!
How it works: On their site, you can select exactly what furniture you want, as well as the length of your rental term (which can be anywhere from three months to 12 months). Categories like Standard, Hip and Premium give you an idea of the quality and price of each item. Regardless of which you choose, the goal is to make renting way cheaper than buying.
“Art can be daunting, and its extremely subjective,” says Scott Phillips, co-founder and CEO of Rise Art
The art world seems like it’s exclusively for serious collectors and is beyond intimidating to newcomers. But online marketplace Rise Art, based in London, is looking to change that mindset with its art rental option. The company basically gives you the chance to test out a piece before you buy it.
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