Young People Are Making Up to $36K a Year Renting Their T-Shirts and Speakers

Over the last decade, platforms like Airbnb and Turo have made it simple for people to earn extra cash by renting their spare bedrooms or cars—but what about a pair of jeans from Zara or a lawnmover that’s been catching dust? It turns out, there’s a market for that stuff too. Recently, a number of online services have begun to normalize peer-to-peer rentals of lower-ticket items, proving to young people that a limited run with their T-shirts, Bluetooth speakers, or chainsaws—not just the nonexistent fourth bedrooms in their nonexistent three-story houses—might be of value to internet strangers, too. These apps target Gen Z and Millennials, appealing to people cutting down on overconsumption, accustomed to on-demand delivery services, or just looking for a new revenue stream—power users can make up to $36,000 a year. Pickle, a peer-to-peer clothing rental app, currently lists 200,000 items, including everything from this $100 Goldbergh Pascale headband that can be rented for $30, to ... Read full article.