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Home Insider Blogs Elysa Rice's Blog Looking for something? Why not borrow it from your neighbor
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Jul 06
2010

Looking for something? Why not borrow it from your neighbor

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Posted by: Elysa Rice

I would consider myself to be an idea person. I often run across things that are just starting and I'd say I'm a pretty good judge of whether or not that idea will take off. Last week I saw an idea that I think is great, especially for the multifamily industry.

Introducing NeighborhoodGoods:

NeighborhoodGoods

NeighborGoods is a safe community where you can save money and resources by sharing stuff with your friends. Need a ladder? Borrow it from your neighbor. Have a bike collecting dust in your closet? Rent it out for some extra cash!

The idea of NeighborGoods is so simple. Sharing stuff is good for you. It saves you money, it's more sustainable than buying a bunch of crap you don't need, and it creates a reason to meet a friend or a neighbor face to face where you might not have otherwise. Still, this very simple idea has the potential for monumental impact, especially when taken in context of a larger cultural movement.

We'll file this statistic from NeighborhoodGoods as shocking "Did you know that Americans are spend $22 billion a year on self-storage?"

I've heard of a few properties who have a for trade area, usually its for books but I could see the borrowing concept easily expanding into other area, tools, cooking utensils, etc..

Since the service launched in Los Angelos your community may not have many items to borrow yet but it's very easy to add items available for others to borrow.

What do you think of this idea?


Comments (3)Add Comment
62
written by Brent Williams, July 12, 2010
How neat! This is especially helpful with apartment communities, as there just isn't enough space for everybody to have the tools/etc that are helpful. I do some issues where the apartment community is put in the middle of a squabble if somebody doesn't return an item, or it gets returned damaged. But I really like the concept!
1702
written by Elysa Rice, July 12, 2010
I don't think people would take their issues to the apartment if they use a 3rd party site like this. I'm not sure how NeighborGoods handles lost/damaged items since there are only 2 things available in my area at this moment.
4817
written by Melissa Mortensen, July 13, 2010
Great idea!!! And I think it would work really well in condo and apartment communities. The trick would be to get everyone in your community to know about it. This would be a handy tool for student housing communities as well. Students move to college with limited furnishings. I think it would be a great way to meet fellow students while sharing resources. It could even extend into borrowing text books to help save money.
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