For me, the article was about purchasing less stuff and owning less-rentability.
Thus,
"For the rest of us, we’ll always own some things. There’s stuff we use all the time, like furniture and clothing, and objects with sentimental value (take your stinking paws off my Yoda figure with plastic snake). But the Internet is creating markets that enable us to own much less. The winner of the ebook sweepstakes will be the bookseller who becomes a bookrenter. I don’t want to own hundreds of books on a Kindle at $10 a pop. I want to Netflix them — pay for access to every book ever published. I’d rather be a renter in Borges’ library than the owner of my own.
Everything, everywhere, all the time. That’s the dream of the Rentership Society. And we’re almost there. If you want to be able to possess some things, in some places, some of the time, well, keep on buying. But I vote for infinite abundance, on demand. Doesn’t that sound like the new century’s American dream?"
I saw no trying to predict the market, but rather being tired of fighting the depreciation curve in NYC condos for young people.