The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00706

Submission Number:
00706
Commenter:
Carol Wright
State:
South Carolina
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
As an Airbnb host, I've discovered many benefits to a sharing economy. PERSONALLY. I have more buying power. Just one example: the income supports a mortgage payment, and so has enabled me to become a home owner. LOCALLY. I assist in boosting the local economy by recommending local establishments to my guests that they would otherwise be unaware of. SOMETHING MORE. Airbnb has an excellent system for vetting guests and hosts. However, I see this as not so much causing but actually revealing wonderful business relationships. I've identified something going on here that may be more valuable than personal and local economic benefits combined. Something deeper is going on here. I've witnessed the sharing economy foster a consumer relationship that is all but forgotten in the impersonal corporate and outsourced consumer environment. The call to personal responsibility for each party causes individuals to rise to the occasion. Putting people together so intimately I believe actually assists in personalizing, connecting, and moralizing individuals. What I've seen that sharing economy foster is highly valuable in strengthening relationships between people all over the country and world. Dare I say it? Even fostering WORLD PEACE. Thank you Airbnb! Please support them and ventures like it.