The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
After Hurricane Katrina, my house was severely damaged: roof blown off, walls blown out, 1 foot of water downstairs. I looked to short term rental of my house as a way to help pay for the repairs I needed to make to my house. Now, all these 7 years later, I've just about finished most of the critical repairs that needed to be done to my house. I could not have done it without renting out my house. Also, I am now starting to see more and more tourists in my neighborhood that are people who are staying in similar short term rental accommodations. So, there is a whole revitalization of my neighborhood due to these short term rentals.