Millennials discuss the effect of the sharing economy on their behaviors and expectations.
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
Curated by
jean lievens
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Millennials are the generation born between 1980-2000, and they are entering their prime spending years. They make up the largest generation segment. There are more millennials than baby-boomers, so where they put their money matters. 
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Millennials are at the forefront of a seismic shift in business that could be worth $335 billion by 2030 (according to PWC data). How is Uber worth $40 billion…
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Technology, today has given an entire new meaning to sharing and collaboration, with many now claiming the world is experiencing a "sharing economy".
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Something about the empty driveway next to his off-campus house in Georgetown always bugged Nick Miller. But he couldn’t quite put his finger on it. Not until a trip to a Baltimore Ravens’ game took him through Federal Hill. There, driving with friends, desperate for parking, Miller saw residents holding up cardboard signs advertising spaces for rent. And it hit him. Sure, parking demand reaches naturally epic proportions on game days around M&T Bank Stadium; Miller, who grew up in Harford County, knew that. But finding convenient downtown parking in Baltimore and Washington, D.C., was always like searching for a needle in a haystack. Could digital technology, he wondered, fill those empty driveways, lots, and parking pads with actual cars in real time?
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Given the rise of the Sharing Economy, MindSwarms wanted to uncover Millennials’ attitudes and sharing brand relationships within this new economy. This curiosity led to the launch of a national study where we asked Millennials to talk about the Sharing Economy and how their participation in it differs from that of their parents.
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Can you hear that new California sound? It's the "sharing economy" marching relentlessly forward. You can't stop it
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Millennials are having to cope with an economy that is not delivering high-quality jobs
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From
time
Young adults aren't buying things like homes and cars because they have lower-paying jobs and heavy student debt, not because they don't value possessions.
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By Rajat Gandhi Much before the monetary system existed, one of the oldest forms of economic system that predated even recorded history was the Barter system. Simply put, it is a reciprocal system...
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From
www
Millennials have been conditioned by the Great Recession to shed the responsibility of ownership. They want the music, but not the CD. They want the ride, but not the car.
Jameson Parker's curator insight,
March 15, 2015 5:12 PM
I thought this was a great article to help people understand the "Sharing Economy". That's the word given to a new trend observed amongst millennials. Instead of owning everything people seem to be happy with simply having access. This article points out many benefits of this new economy. It's nice to hear an argument on both sides of this subject.
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Politicians would be wise to watch younger voters and how they use the Internet to share everything from cars and homes to everyday chores — a phenomenon that's changing the lives of this new generation of voters.
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From
skift
A new report from PhoCusWright on private accommodation rentals and the sharing economy should give the entire lodging industry something to think about.
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The Sharing Economy and Millennials report published by MindSwarms, a disruptive digital market research platform, articulates a distinctly different version of the American Dream for the younger generation. A down economy has made this path difficult for Millennials, and “sharing brands” have enabled Millennials to enjoy rich products and experiences without the pressures of ownership. The video and full report from the Sharing Economy and Millennials study are available on the MindSwarms blog.
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Can you hear that new California sound? It's the "sharing economy" marching relentlessly forward. You can't stop it
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