The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00608

Submission Number:
00608
Commenter:
Susannah Abbate
State:
New York
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Home sharing has allowed us to keep our home. We bought at the absolute top of the market, suffered through an upside down mortgage while my husband's business weathered the economic downturn, and have just begun to work our way out of the financial hole by renting out part of our home. On top of that, we do not live in an area frequented by tourists. Home sharing has made a difference in the microeconomy of our neighborhood by bringing outside money to small local vendors. Home sharing has been a crucial part of family's survival.