The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00472

Submission Number:
00472
Commenter:
Robert Pavese
State:
California
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I would like to say that Air BNB has been a life saver. During the economic downturn life became extremely difficult. Our investments devalued and stop producing income. We ended up renegotiating with the lending institutions and had to use the vast majority of our savings. The income generated by renting two of our bedrooms has made the difference between us losing everything and existing the way we are now. At the age of sixty I don't have the time left to rebuild and this has allowed us to keep our home Thanks Bob