The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #00827

Submission Number:
00827
Commenter:
Norma Tennis
State:
California
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
My husband is over 60 and I'm over 50 and we have both lived in San Francisco for the majority of our lives. I was born and raised in the San Francisco Bay Area. The changing economy of our city has left us both unemployed. I was a graphic designer working in publishing. Now that most publishing has moved to the web, I can no longer compete with younger designers who have grown up with digital technology. My husband was a journalist who lost his job last year do to the new aggregation model of journalism. Before we started renting part of our home as an Airbnb rental, we seriously considered selling our home and moving to a less expensive city. This would have been extremely traumatic for me, as I would have had to move away from the part of the US that I've always called home, as well as move away from close family and friends. My husband and I have started a home business, but it is still quite new and we're not making enough with it to make ends meet. Now that we are renting out part of our home as a short-term rental, we are finally able to make enough to meet our basic monthly financial commitments, as well as start working off our debts. I'm so grateful to Airbnb, they are helping families like mine--who aren't working in the tech industry, which seems to have taken over the San Francisco Bay Area--stay in the place we call home.