Comment on How rental ‘libraries of things’ have become the new way to save money
bluGill@kbin.social 6 months agoThere are pros and cons to both. Sometimes you should rent, others buy. If you use it every day then buying is often best. If you need it once a decade then rent.
masterspace@lemmy.ca 6 months ago
Yes there are pros and cons to both, but that does not mean they are the same or equal.
Renting inherently adds an extra middleman to the process, (someone still has to buy it), who is incentivized to rent-seek and drain everyone from as much of their money as possible.
Renting really only works in scenarios where you have a bunch of different rental companies to drive down costs, but now you’re starting to get back to the original problem of duplicating everything.
bluGill@kbin.social 6 months ago
Only if there is a monoboly in place. If there is a market then when they raise rents you just go elsewhere. Since these are items rented by the day it isn't hard to go elslwhere in the city.
slumberlust@lemmy.world 6 months ago
This is an interesting thought angle, thanks for sharing! Given the conditions you’ve stated, why haven’t books inflated in price given the abundance of libraries in developed worlds?
masterspace@lemmy.ca 6 months ago
Libraries are non profits, everyone who works there just gets paid a wage, no one makes more money if libraries make more money.