The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00227

Submission Number:
00227
Commenter:
Karen Dolan
State:
Louisiana
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I was one of only about 40 people in New Orleans to get on board with Airbnb when it started . Now there are thousands. There is a good reason for it. You the government, gave us no choice. You bailed out the corrupt banks. One of many which sent me into a foreclosure situation after Katrina hit New Orleans. It was something I had to deal with every day for about 5 years. Taking on all manner of part time jobs in order to meet my mortgage. What I went through for years was illegal on the part of B.O.A. and after the government agreed that "yes, there were reasons to look into how the banks mis-handled my loan modification" a new round of many months of stress and mounds of paperwork started again....only to be told a year or two later, it was too much for them to sort out so here's a settlement check for $500.00. It was a JOKE but we were beaten down. It would make your head explode if you knew the hours and paperwork and time on hold over many years, only to be passed around (intentionally) and then more often than not cut off. It was a debacle of monumental proportions. So don't give me a hassle about trying to make a buck by renting out a room in my home. It was always OK for them to take a year to get back to me about anything, but when they finally came to decisions about anything, I had 48 hours to sign and return something (obviously not giving me enough time to have anyone look at it to help me understand what I was signing) If I didn't find a non-profit here in New Orleans which helped me get through to Bank of Freaking America, I suppose a foreclosure might have occurred. Only reason foreclosure began was because they said they couldn't reach me. Which became a joke since their minions asked for my phone number and all other "updated" info EVERY time I called the bank, hundreds of times over the years. So start clearing up the serious issues in our country like thieving banks. I don't know when things will change. But WE THE PEOPLE are doing what we can to make our lives manageable. This company, Airbnb, has given people an opportunity to help THEMSELVES. God knows the government won't do it. I don't want your money. I want you to correct blatant practices by banks. We all know how bad it is. DO SOMETHING ABOUT IT.