The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00357

Submission Number:
00357
Commenter:
Mary Kate McTeigue
State:
Massachusetts
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
The "sharing" economy that the airbnb platform supports has been finically beneficial to my household providing my family and I a small cushion to pay extra bills like medical, oil and tuition expenses. I understand that other establish business from corporate hotel chains to locally owned Bed and Breakfast's are put out by this "shared" platform by way of "loosing" business and claiming that we don't pay taxes or other expenses that they, the business owners, do. I feel that this claim is false. We also are paying taxes and investing in our properties to keep them clean and safe. These improvements to our homes and making some extra money only serve to better our homes and quality of our family life. It brings people from different towns, states and countries together in an intimate way. I have met wonderful people from all over the world. I think we could all benefit from a little more down time with people from other walks of life. This "shared" economy gives the middle class a chance to cling on a little longer before we get squeezed out even further down the economic scale. In creating true policies that care about middle class economic opportunity I hope that you will consider the benefits of a "shared" economy and what a business like airbnb has provided for many families and households. Thank you. Mary Kate McTeigue