On that assertion - who owns the stuff you’ll be renting?
Property rights are basic, inalienable, like freedom of speech and the right to bear arms.
Property is theft. Expropriate the expropriators
The State (meaning all of us) will have ownership of property. They raise taxes beyond your means to pay. Then confiscate it but you can stay and pay the “rent”. (Unless some Bureaucrat wants your property.) You’ll not be allowed to sell or profit. Mobility will be limited.