The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I am a low-income senior and have been an AirBnB host since November 2013. Since my Social Security does not cover all my living expenses, the payments I receive from AirBnB for my one-bedroom, private entrance garden apartment in the lower part of my house provide me with the main source of my income. This arrangement has not only allowed me to continue living in my home, but has given me the opportunity to personally share my environment, my neighborhood and the beautiful city of San Diego with wonderful people from all parts of the world. Most have been long term stays of at least two months and because I have a large enclosed yard, I can accept guests who travel with their pets -- an advantage that most hotels cannot offer. Since I live alone, another benefit for me is the security of having people close by, all of whom have been carefully screened by AirBnB and by me, of course, through email exchanges and through the reviews that appear on the AirBnB website. My guests and I are mutually enriched through this home-sharing experience that of course adds to the San Diego economy of which tourism is an important part.