The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00616

Submission Number:
00616
Commenter:
Fran Taylor
State:
Kentucky
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Please reference the following article about AirBnB in a central Kentucky newspaper: https://shar.es/1rAR7g Our own experience with AirBnB has been outstanding. We rent a small one-bedroom apartment through AirBnB. We have been able to help a number of guests who frankly can't afford other accommodations especially related to multi-week visits for education-related programs. We have hosted people doing their residencies in Neurosurgery, Emergency Medicine, working on advanced degrees, visiting professors, orchestral conductors and other cultural and educational pursuits. These folks can't afford to stay in a hotel; they can't furnish and/or find an apartment to allow them to stay 4 to 8 weeks and they really do not have other options. Not only are we helping them, we are helping our friends and neighbors discover the joys of diversity, the global economy and an appreciation for people from different walks of life. These folks do spend money in the community -- they buy groceries and eat out; they attend cultural events and they boost tourism in our community by visiting attractions. My husband and I are self employed and the extra revenue helps us make ends meet and facilitate repairs on the house. Our lives and our friends lives have been enriched by the AirBnB experience.