The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
The spirit of Airbnb and the sharing economy is at the heart of what it means to live in a free market economy. Airbnb income has helped me pay the mortgage and to make needed improvements to my home. The income earned by Airbnb hosts stays LOCAL and flows back into the local economy. This income is sustainable and generates local economic activity. That must not be restricted. Airbnb is an important option for middle class families to earn a little extra money to help[ make ends meet. Friends have questioned my judgement in inviting strangers into my home, and yet, through Airbnb's system of profiles, verification, referrals/reviews, I feel 100% safe. As a host I have complete control over who I accept. As a gay man, I have hosted primarily women. Perhaps they seek my profile out as a "safe" host - they have that ability and right. Saftey is paramount and the airbnb system is a win-win for guests and hosts. I urge our local state and federal representatives to do everything in their power to NOT restrict my right to use my home and assets to my advantage as I see fit. If the hotel industry has a problem with this - I think the competition will do their industry good. That is the nature of our system!