The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00417

Submission Number:
00417
Commenter:
Mast
State:
Kentucky
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
My wife and I have found ourselves in a care taking capacity for her out of state mother recently. Without the income we are receiving from Airbnb, we would not be financially able to do this. Airbnb has been a secure and safe way for us to keep our home for our own future security, as well as be able to maintain and even improve our property during this difficult time.The state of our community has been slowly improving over the last several years and we believe that this process is accelerated by not only the influx of money from out of the area, but also the exposure of our area to potential future residents. Newport suffers from a perhaps well deserved reputation. Along with Airbnb, we hope in our own small way to repair that reputation and take small steps towards a more vibrant community, one that we can enjoy in our later years.