The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I am a baby boomer with very modest income and Airbnb gives me the opportunity to make additional income in order to stay in my home. My neighborhood is going through gentrification and the property taxes are soaring through the roof. I don't want to lose my home. I worked too hard for it. I have (2) extra bedrooms hardly used--why not make money off of them? Airbnb allows me to make extra income to pay the taxes and hopefully pay off my home before I retire. It gives me an avenue of letting my home work for me without having to sale and use the equity in order to move forward with my life. Airbnb goes out their way to make you feel comfortable with your guest - it is a win-win!!