More young people are leaning into the rental or sharing economy — owning less of everything and renting and sharing a whole lot more. Housing, cars, music, workspaces. In some places, such as Los Angeles, this rental life has gone to an extreme.
Steven T. Johnson, 27, works in social media advertising and lives in Hollywood. He spends most of his days using things he does not own.
He takes a ride-share service to get to the gym; he does not own a car. At the gym, he rents a locker. He uses the gym's laundry service because he does not own a washing machine.