Owning nothing is now a luxury, thanks to a number of subscription startups

Many young American urbanites have resigned themselves to a life of non-ownership, abandoning the dream of their parents and grandparents and great-grandparents before them, often out of financial necessity. While paying to borrow décor, clothing and offices is nothing new, the options have grown substantially in recent years. “We were raised to save and invest and buy a home and do all of these things,” said Miki Reynolds, 38, who pays a monthly fee for much of what she uses in her day-to-day life in Los Angeles.

Source: www.nytimes.com