The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00722

Submission Number:
00722
Commenter:
Robin Smalley
State:
California
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
We have had our home in the historic area of Hollywood for over 25 years and have seen the neighborhood grow and change during this tenure...sometimes for the better, sometimes not. And we are very active to ensure that any changes or development do not destroy the integrity of the close-knit community. The years since 2008 have not been easy. I run a non-profit organization and my husband is an architect. With the LA housing crash, his business has been sporadic and we were very concerned about keeping our home as well as paying for both our daughters' college educations. We have an original stable on our property that throughout the years has served various functions from studio, to office, to party room. About 1 1/2 years ago we converted it into a beautiful private airbnb retreat and it was the smartest move we have ever made. The income has been a Godsend for us, enabling to meet our bills. And our guests have been wonderful, primarily tourists from outside the U.S. intent on enjoying all the Hollywood sites, often telling us that they might not have been able to visit had they not found an affordable, safe place to stay. They primarily frequent local neighborhood restaurants and cafe which is good for the local community...it is a win/win situation for all of us. We have done everything legally required...from having a business license to declaring the airbnb income on our taxes. We firmly believe that as long as no one is being hurt, we should have the right to have our own property generate income, while benefiting the community. I sincerely hope you agree, Robin Smalley