The sharing economy is here to stay

Forbes had a good issue last month on the sharing economy. This is a subject we've covered for years here on TreeHugger due to the sustainability benefits of encouraging access over ownership, but thanks to the successes of Airbnb, Zipcar, TaskRabbit and other services, the concept is going mainstream:

The sharing concept has created markets out of things that wouldn’t have been considered monetizable assets before. A few dozen square feet in a driveway can now produce income via Parking Panda. A pooch-friendly room in your house is suddenly a pet penthouse via DogVacay. On Rentoid, an outdoorsy type with a newborn who suddenly notices her camping tent never gets used can rent it out at $10 a day to a city slicker who’d otherwise have to buy one. On SnapGoods, a drill lying fallow in a garage can become a $10-a-day income source from a homeowner who just needs to put up some quick drywall. On Liquid, an unused bicycle becomes a way for a traveler to cheaply get around while visiting town for $20 a day.

According to Forbes, "the revenue flowing through the share economy directly into people’s wallets will surpass $3.5 billion this year, with growth exceeding 25%." Read the rest of their report here.

Do you have experience with any any of these companies or opinions on the sharing economy? Let us know in the comments.

Tags: Economics | Product Service Systems