The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00246

Submission Number:
00246
Commenter:
Rich Kiamco
State:
New Jersey
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
AIRbnb and vrbo have helped my family to raise extra money to help pay our mortgage and also to repair our old house, there's always something that needs fixing + upgrading etc, and renting a room or our entire house can generate additional income we'd otherwise not be able to create, and we can go out and do more, and spend more on our own trips and leisure pursuits too Visitors love the history of the architecture and love being able to come stay and connect w locals and also we help them connect w other local biz restaurants, shops etc in a way that they wouldnt be able to if they were just randomly wandering thru. Plus there are no hotels in this rural area, its too remote to support a chain or large hotel. Their stay actual helps keep this historic house alive and in one piece and brings traffic to the area