The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
When I retired my wife and I wanted to move to the Outer Banks and live on my pension, social security, my wife's work income (she was not ready to retire), and rent out rooms to families looking for an affordable beach vacation. We could not afford the beach house we wanted, so we settled in Southeast Brunswick County, N.C., about 10 miles from the beach. We found that families would stay at our Airbnb listed rooms on the second floor of our home. Jobs applications for my wife were unsuccessful, so, to make ends meet as we watched our savings dwindle, we thanked God for Airbnb. As one of our family renters (with 4 kids!) from Kansas said: "your home was a godsend for our family's beach vacation, because you made it possible had affordable rooms and access to your kitchen so we could save money on food".