The Resurgence of Hyper-Local Online Lending Communities
We’ve recently featured a number of companies attempting to facilitate hyper-local online lending communities. An article in yesterday’s New York Times re-affirms this growing trend that was initially established and abruptly ended in the waning years of the dotcom bubble:
Now, at least four companies have started in the last few months to try the concept again. iRent2u, based in Los Angeles, Zilok in France, eRento in Germany and HireThings, based in New Zealand, all want to be the eBay for online rentals. Another company, Rentmineonline, based in Britain, is focusing specifically on the real estate market and has introduced a Facebook application.