Know‌ ‌Why‌ ‌Millennials‌ ‌Prefer‌ ‌To‌ ‌Rent‌ ‌Their‌ ‌Furniture‌ ‌Rather‌Than‌ ‌Buy‌ ‌It!‌

Lifestyle

Written by:

Reading Time: 2 minutes

We‌ ‌are‌ ‌not‌ ‌the‌ ‌first‌ ‌ones‌ ‌to‌ ‌introduce‌ ‌you‌ ‌to‌ ‌the‌ ‌concept‌ ‌of‌ ‌renting.‌ ‌However,‌ ‌it‌ ‌has‌ ‌mostly‌ ‌been‌ ‌limited‌ ‌to‌ ‌things‌ ‌of‌ ‌higher‌ ‌value,‌ ‌such‌ ‌as‌ ‌jewelry,‌ ‌a‌ ‌house,‌ ‌and‌ ‌so‌ ‌on.‌ ‌But‌ ‌the‌ ‌times‌ ‌are‌ ‌changing,‌ ‌and‌ ‌the‌ ‌people‌ ‌with‌ ‌it.‌ ‌Meanwhile,‌ ‌the‌ ‌idea‌ ‌of‌ ‌using‌ ‌furniture‌ ‌on‌ ‌rent‌ ‌is‌ ‌carving‌ ‌into‌ ‌the‌ ‌brains‌ ‌of‌ ‌the‌ ‌newer‌ ‌generation,‌ ‌the‌ ‌millennials.‌ ‌You‌ ‌will‌ ‌observe‌ ‌that‌ ‌the‌ ‌graph‌ ‌of‌ ‌the‌ ‌rental‌ ‌market‌ ‌of‌ ‌furniture‌ ‌has‌ ‌experienced‌ ‌a‌ ‌major‌ ‌change‌ ‌in‌ ‌recent‌ ‌times,‌ ‌it‌ ‌has‌ ‌substantially‌ ‌gone‌ ‌up,‌ ‌and‌ ‌the‌ ‌millennials‌ ‌are‌ ‌responsible‌ ‌for‌ ‌the‌ ‌majority‌ ‌of‌ ‌its‌ ‌contribution.‌ ‌Reports‌ ‌and‌ ‌surveys‌ ‌show‌ ‌that‌ ‌millennials‌ ‌prefer‌ ‌to‌ ‌rent‌ ‌their‌ ‌furniture‌ ‌rather‌ ‌than‌ ‌to‌ ‌buy‌ ‌them,‌ ‌and‌ ‌here’s‌ ‌why.‌ ‌

 ‌1.Freedom‌ ‌to‌ ‌move‌ ‌and‌ ‌lack‌ ‌of‌ ‌investment‌ ‌

It‌ ‌is‌ ‌a‌ ‌good‌ ‌idea‌ ‌to‌ ‌make‌ ‌a‌ ‌permanent‌ ‌purchase‌ ‌of‌ ‌your‌ ‌furniture‌ ‌if‌ ‌you‌ ‌are‌ ‌planning‌ ‌to‌ ‌settle‌ ‌in‌ ‌soon.‌ ‌But‌ ‌the‌ ‌present‌ ‌world‌ ‌is‌ ‌quite‌ ‌face-paced‌ ‌as‌ ‌everyone‌ ‌is‌ ‌continually‌ ‌moving‌ ‌due‌ ‌to‌ ‌packed‌ ‌schedules‌ ‌and‌ ‌competitive‌ ‌jobs.‌ ‌Therefore,‌ ‌it‌ ‌is‌ ‌rather‌ ‌impractical‌ ‌to‌ ‌buy‌ ‌furniture.‌ ‌ ‌Say,‌ ‌you‌ ‌are‌ ‌moving‌ ‌to‌ ‌Bangalore‌ ‌for‌ ‌a‌ ‌new‌ ‌job‌ ‌posting.‌ ‌You‌ ‌will‌ ‌have‌ ‌to‌ ‌rent‌ ‌a‌ ‌place‌ ‌to‌ ‌live,‌ ‌but‌ ‌you‌ ‌are‌ ‌well‌ ‌aware‌ ‌that‌ ‌you‌ ‌will‌ ‌again‌ ‌need‌ ‌to‌ ‌move‌ ‌after‌ ‌perhaps‌ ‌a‌ ‌year‌ ‌or‌ ‌two.‌ ‌So,‌ ‌there‌ ‌is‌ ‌no‌ ‌need‌ ‌to‌ ‌increase‌ ‌the‌ ‌general‌ ‌anxiety‌ ‌by‌ ‌moving‌ ‌all‌ ‌your‌ ‌furniture‌ ‌after‌ ‌a‌ ‌year‌ ‌to‌ ‌another‌ ‌place‌ ‌and‌ ‌again‌ ‌to‌ ‌another.‌ ‌You‌ ‌can‌ ‌take‌ ‌your‌ ‌‌bed‌ ‌for‌ ‌rent‌ ‌in‌ ‌Bangalore‌,‌ ‌for‌ ‌it‌ ‌is‌ ‌a‌ ‌great‌ ‌option‌ ‌for‌ ‌small‌ ‌budgets‌ ‌and‌ ‌frequent‌ ‌moving.‌ ‌ ‌

Also Read:   Stamping Your Style: How Custom Self-Inking Stamps Can Elevate Your Brand?

2.You‌ ‌do‌ ‌not‌ ‌need‌ ‌to‌ ‌worry‌ ‌about‌ ‌depreciation‌ ‌

Unlike‌ ‌the‌ ‌investment‌ ‌values‌ ‌of‌ ‌houses‌ ‌or‌ ‌gold,‌ ‌the‌ ‌furniture‌ ‌value‌ ‌falls‌ ‌with‌ ‌time.‌ ‌Therefore,‌ ‌in‌ ‌the‌ ‌case‌ ‌of‌ ‌reselling‌ ‌furniture,‌ ‌you‌ ‌will‌ ‌only‌ ‌get‌ ‌a‌ ‌portion‌ ‌of‌ ‌the‌ ‌amount‌ ‌that‌ ‌you‌ ‌had‌ ‌initially‌ ‌spent‌ ‌on‌ ‌the‌ ‌same‌ ‌purchase.‌ ‌You‌ ‌can‌ ‌avoid‌ ‌such‌ ‌issues‌ ‌if‌ ‌you‌ ‌‌rent‌ ‌furniture,‌ ‌Bangalore‌‌ ‌‌as‌ ‌rental‌ ‌companies‌ ‌will‌ ‌help‌ ‌you‌ ‌in‌ ‌preventing‌ ‌unnecessary‌ ‌loss.‌ ‌ ‌On‌ ‌top‌ ‌of‌ ‌that,‌ ‌it‌ ‌is‌ ‌often‌ ‌extremely‌ ‌tedious‌ ‌to‌ ‌shop‌ ‌for‌ ‌lifelong‌ ‌furniture.‌ ‌Apart‌ ‌from‌ ‌the‌ ‌loss‌ ‌of‌ ‌a‌ ‌huge‌ ‌amount‌ ‌of‌ ‌money,‌ ‌you‌ ‌also‌ ‌lose‌ ‌a‌ ‌lot‌ ‌of‌ ‌time‌ ‌in‌ ‌the‌ ‌process.‌ ‌In‌ ‌the‌ ‌beginning,‌ ‌you‌ ‌have‌ ‌to‌ ‌spend‌ ‌a‌ ‌lot‌ ‌behind‌ ‌the‌ ‌search‌ ‌and‌ ‌the‌ ‌purchase,‌ ‌while‌ ‌later‌ ‌on,‌ ‌a‌ ‌lot‌ ‌more‌ ‌behind‌ ‌selling‌ ‌them‌ ‌to‌ ‌the‌ ‌right‌ ‌buyers.‌ ‌

 ‌3.The‌ ‌power‌ ‌of‌ ‌change‌

 ‌Apart‌ ‌from‌ ‌a‌ ‌change‌ ‌of‌ ‌place,‌ ‌millennials‌ ‌also‌ ‌enjoy‌ ‌a‌ ‌change‌ ‌in‌ ‌the‌ ‌ambiance‌ ‌or‌ ‌scenery.‌ ‌This‌ ‌factor‌ ‌essentially‌ ‌makes‌ ‌them‌ ‌willing‌ ‌to‌ ‌rent.‌ ‌Buying‌ ‌furniture‌ ‌not‌ ‌only‌ ‌costs‌ ‌cash‌ ‌but‌ ‌also‌ ‌forces‌ ‌you‌ ‌to‌ ‌commit‌ ‌to‌ ‌them‌ ‌for‌ ‌the‌ ‌long‌ ‌haul.‌ ‌At‌ ‌times,‌ ‌this‌ ‌commitment‌ ‌may‌ ‌as‌ ‌well‌ ‌be‌ ‌as‌ ‌long‌ ‌as‌ ‌fifteen‌ ‌years.‌ ‌Now,‌ ‌that‌ ‌is‌ ‌a‌ ‌long‌ ‌period‌ ‌to‌ ‌be‌ ‌stuck‌ ‌with‌ ‌the‌ ‌same‌ ‌pattern‌ ‌of‌ ‌décor.‌ ‌Renting,‌ ‌on‌ ‌the‌ ‌other‌ ‌hand,‌ ‌allows‌ ‌flexibility‌ ‌and‌ ‌access‌ ‌to‌ ‌modifications‌ ‌as‌ ‌desired.‌ ‌ ‌So,‌ ‌choose‌ ‌from‌ ‌a‌ ‌variety‌ ‌of‌ ‌furniture‌ ‌ready‌ ‌to‌ ‌be‌ ‌rented,‌ ‌while‌ ‌catering‌ ‌to‌ ‌your‌ ‌preferences,‌ ‌taste,‌ ‌and‌ ‌choices.‌ ‌Say‌ ‌goodbye‌ ‌to‌ ‌losses‌ ‌and‌ ‌start‌ ‌thinking‌ ‌smart.‌ ‌

Also Read:   Top 6 Smart Blinds and Shades for Home Automation in 2023