The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00534

Submission Number:
00534
Commenter:
Gilbert Shuster
State:
New York
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I grew up in a house in Brooklyn, NY. I was born in 1956 and have lived in Brooklyn my whole life. I moved out of this house to go to college and while in my 20s through 40s I worked in NYC and had my own apartment while my parents lived in the house. When my parents got sick I moved back in to help take care of them until they passed. I now live in this house with my 7 year old son. I am living the American dream by living in the house I grew up in. Without AirBnb and the money I earn from having guests stay in my house - the sharing economy- I would not be able to afford to remain in this house, the house I grew up in and love so much and has so many memories for me. I am a middle class citizen. I am well educated (Wesleyan University and Columbia University) and am an engineer. But with the prices in NYC and the cost of health insurance and other insurance and property tax and raising my son, if not for AirBnb I would not be able to stay where I love and raise my son in a safe neighborhood where he can stay in the school he is currently attending. Currently AirBnb provides almost half my income, so it is not a luxury, but a necessity having that income. And as a bonus, I have met very interesting people from all over the US and the world. I have been able to show them how a real family lives in NY and meet their families. I am able to help them have a unique visit to NY- after a day of sightseeing in NY and being tourists, they can relax on my front porch and be in a safe and quiet neighborhood in a house with room for their family. Airbnb is doing an amazing thing. Helping me stay in my house, giving me enough money to live on so I don't have to move out of NYC and relocate my child, and letting me meet and engage with interesting people from all over the world, while helping them get an insider's view on life in NYC as well as finding out which unique local businesses to support. It is the best thing to happen to me in years, economically speaking and is essential to my remaining in NYC and continuing my living my life the way I have for decades. Thank you! Gilbert Shuster