Subscriptions = Assets owned by private corporations only

Where there may be an issue is if it increases the efficiency too far. For example, it could make getting a new Lexus every year affordable to more people so more will do it. I can imagine that this will exacerbate excessive consumption rather than reduce it.

Now, in a very real sense this is less elitist than requiring upfront payment so it's not so clear cut, morally speaking.

As to the idea that this is an issue if you lose your job. Sure. If you don't have savings and aren't insuring your payments for your essentials then you could have an issue. But it's not dissimilar to assets, you're just running a more predictable risk.

If you look at countries like India, people blindly invest in Home and it has a big reality market.

In many places, the monthly cost of servicing a home >> the monthly rent you would pay for equivalent housing. But still, new houses are continuously being built.

If the general public did not have this mindset, no one would make their own home if you can get the equivalent of rent for the far lower price.

I believe subscription economy is more efficient and results in the more efficient use of natural resources.