The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
My husband and I love hosting on Airbnb. Not only have we met some amazing people, but it has made us even more involved in our community and contributed to our local economy. My husband and I hosted over 200 travelers in Salt Lake City, Utah. That money paid for our children to attend local summer camp and paid for art classes and trips we would not have been able to take without the income. It also made our community better because we referred our guests to local coffee shops and boutique stores, that may not be on the commercial path. We now live in California which has a significantly higher tax rate and our rental income has gone to supplement our mortgage as well as, save money for our two boys to go to college. My husband has a full time job that makes a fair wage, but managing this has helped me contribute to our middle class income and be able to stay at home with our two boys. I have always had the greatest guests. I have always felt safe and secure being able to use the Airbnb platform to interview these guests ahead of time and booking people at my discretion. It has greatly helped our family and enhanced our community in ways to innumerable to count.