A world for rent! Comfort and freedom more important than property

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The sense of ownership for young people is not as important as for older generations, according to the study “The world for rent. On a generational change in the approach to ownership” conducted by Bartłomiej Biga, an economist at the University of Economics in Krakow. Believes that there is an alternative to public policy: not all benefits should rely on purchasing support, in some cases they can be replaced by free provision.

– There is an alternative to the current social policy, it can be more economical without losing the quality of services – he explains.

The survey asked 1,000 people what services they used and what form of state aid they accept for other services. The largest group of people (58%) liked the possibility of renting sports and tourist equipment, slightly less (51%) would be interested in borrowing technical tools (e.g. drills). But only every fourth person would exchange their own car for a rented one.

– The ability to borrow, not buy, has become a business model for some companies – reminds the economist. His research shows that more than half of the respondents aged under 55 use paid video services. For young people, this is seven out of ten. Also, every fourth young person uses a paid service with music on demand. Every fifth person is among 55-64 people, and every fifty among seniors is 75+.

It does not matter where the young people live, what their income is, whether they are women or men. The only differentiator in the perception of property is age. When the respondents were asked why they decided to borrow and not buy, the majority answered that it was important convenience.

The survey also shows that in large cities, every ninth person rode a rented car, and every fourth – a bicycle in the last year.

– If there is only one discriminant: age, and the others: gender, wealth, place of residence do not matter, then it is easier to conduct public policy than in a situation of greater differentiation – Bartłomiej Biga makes a reservation that the change could only concern some goods or services . For example, almost 80 percent. respondents liked the idea that the state, instead of financially supporting the purchase of textbooks, allowed them to be borrowed free of charge. State purchasing of educational toys is supported by 22 percent. people, while borrowing – half of the respondents. Opinions on the provision of remote learning equipment (computers, laptops) are similar. 46 percent are in favor of buying. people, and for borrowing 79 percent.

– This does not mean that reducing the importance of property rights with regard to material goods will be equally easy in large cities and in the provinces. The costs of providing a satisfactory infrastructure are – per inhabitant – higher in villages. – adds the economist.

The survey asked about how to help with housing. More people believe that subsidies for the purchase of a flat (62%) are important than subsidies for renting (55%).

– There is a relatively high willingness in society to accept a public policy shift from supporting to ownership towards facilitating on-demand access. Local governments and state administration can use the positive experiences of commercial entities. – concludes the economist.

Aleksandra Fandrejewska

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About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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