Rent-over-own actually applies to capital too. Think about bitcoin mining contracts or timeshare vacation homes. The defining characteristic of “owning” capital is participating in the risk of catastrophic loss, not physical possession or operational control.
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As a commenter points out, rent-over-own really only works for standardized things. This is actually the risk point in disguise. For standardized things there is no information asymmetry that can be exploited *at that level* to informationally distinguish renter and owner
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