Friday, March 30, 2012

History of the temporary rentals

The concept of “rent” comes from a Latin origin that goes far in the time line in the world's history. During the Roman Empire, the lower classes used to rent in places called the "insulae" (buildings made of many floors with balconies), and they lived there. According to history, since there where no services of any kind, at night, people used to through all types of waste through the window. Moreover, it could also be mentioned that during feudalism times, the Lords used to have a type of “rental system” with their vassals in exchange of the food he grew there (among other things).

So, since the beginning of time, the social inequality existed, and the ones that have more income used to “rent” places for those who had less. According to some sources, the rental system started as a public thing, that is to say, the government used to take care of that, and then, it passed onto the private world.

Despite this information, there is no exact data on when, how or where, the idea of “renting” emerged.

Within time, societies began to set rules over rent, since the landlords would generally take advantage of the tenants. Thanks to this, limits were imposed over rent, and the obligations and liabilities of each party were established in writing.

Moreover, during the last few decades, thanks to Globalization, the amount of people moving from one place to the other grew enormously, and many people moved for short periods of time. This meant the beginning of the “temporary rental” system, since many people needed to stay in a city for just a couple of weeks or a few months. We could suppose that this type of rental system appeared in the USA, since many companies send their employees around the country, between States, for some months. This made it necessary for people to be able to rent for a short period of time and with everything included in the bill. So, temporary rentals were created. This allowed every business traveler, exchange students and “short-period visitors” to stay in a place with furniture, kitchen, and all appliances... as if they were living there. Within time, this became really popular all over the world, and not only for people who came to study or work, but to tourists who liked the idea of having the freedom and having their own apartment in cities like Barcelona, London, Paris, Miami, New York, and more…