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Most Germans don’t buy their homes, they rent. Here’s why

It’s just a fact. Many Germans can’t be bothered to buy a house. The country’s homeownership rate ranks among the lowest in the developed world, and nearly dead last in Europe, though the Swiss rent even more. Read More - 

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Indian startups will lead the 'Global Sharing Economy' in 2016

The sharing or renting economy is rapidly establishing itself as a disruptive new framework in the wake of the extreme consumerism that was led by e-commerce and mobile-commerce companies. A PWC report estimates that the market will be USD 335 billion globally by 2025. As a McKinsey Quarterly article puts it "The sharing economy is growing rapidly and creating new opportunities across the globe. Like all major disruptions, it is putting pressure on existing business models and regulatory frameworks and triggering other significant changes." Indian startups are at the frontline of this disruption. In the past, many Indian startups have built companies by simply imitating and modifying a successful business model employed in developed economies. Read More -

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Rent and Drive

Hiring a car on rent for a trip, and driving it yourself, offers a string of benefits.  Popular in countries such as the US and Europe, the self-driving cars industry isn't really that new in India. Having existed for some time now, it is only during the past couple of years that the segment has begun to see a lot of action, with many existing players ramping up and new ones driving in. So, the next time you want to go driving in a fancy car on a holiday, just hire it.   Source -

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Why renting makes sense, at least in Bengaluru

American billionaire J Paul Getty, had a fairly simple solution to the rent-versus-buy debate: "If it appreciates, buy it. If it depreciates, lease it." However, the decision is not that simple these days with lenders offering attractive offers, especially on household electronics & furnishing. To boot, many argue that nothing compares to the feeling of ownership of, say, a car or a house. It could even be a status symbol. But from a purely financial angle, Bengalureans, primarily the floating population which changes job and city every three to four years, are just better off renting. Source -

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Online rental economy takes off in India

In India, just the market for rental of furniture is seen at around $800-850 million. Rentals of electronic appliances is a $500 million market and bikes $300 million, which adds up to a cumulative $1.5 billion market, says Prashanth Prakash, who started Accel Partners in India in 2006 and has invested in companies such as Bengaluru-based e-commerce market leader Flipkart, cab hailing service Ola, ticketing platform Bookmyshow and, most recently,, a furniture and utilities rental platform. Source -

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