The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I began by renting one room in my house to UCB students as a means to help cover my mortgage and taxes, which I was struggling to pay. Soon, I discovered airbnb, a remarkable and invaluable service, and began renting 3 more spaces to travelers and visiting scholars. These rentals have allowed me, a senior citizen, to stay in my house and to fell secure about the future. In addition, the experience has expanded my world view as I host guests from every corner of the earth, and has made me a better world citizen. As a traveler myself, I have been hosted through airbnb both in the USA and abroad, and now feel I could go anywhere assured of a warm and personal welcome. It is my strong hope that policies will be enacted to protect citizens rights to do what they wish with their own homes. My story is typical in that the sharing economy has given me financial security in difficult economic times and the ability to stay in my home, which I was in danger of losing. Please don't forget or neglect the millions of us for whom the sharing economy is a lifeline, and remember that we pay taxes on our income, thus making a substantial contribution to the national economy.