The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00245

Submission Number:
00245
Commenter:
John Fagan
State:
Hawaii
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Single senior with modestly big house that used to work when family was together. Utilities, Taxes, insurance, maintaining, and mortgage goes on Hard to sell and month to month rental can be non profit especially when folks decide not to pay rent, and take a few months to evict. Airbnb has been a godsend as the guests really appreciate the accommodation, and show happy faces, and pay more money for a fully set up vacation rental. It takes a great deal of time, money and work to organize such a nice vacation rental, but at least there is light at the end of the tunnel in that the income is much needed and is more gratifying to myself to make even a little profit. Airbnb has been a great help with a very low service fee, Thank you!