The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I retired a year ago and find myself the sole occupant of a large family home in New Jersey....very expensive with very high property taxes. Occassionally renting a room in my home through airbnb is making it possible for me to make ends meet and stay in my home. It also gives me flexibility. I don't want a "boarder" living here all the time and I cannot yet sell and move to a more affordnable location. I also think airbnb helps my community. There are no hotels in my town so I am not taking business from them. The closest is in a neighboring city and very expensive. Others, farther away are "business travel oriented." However there are many restaurants and small businesses in our town and the people who stay with me frequent those businesses and restaurants. Finally, airbnb is a way to bring people together. I have had people from California, Vermont, Massachusetts, Colorado, Texas, Washington DC, Guatemala, Peru, Mexico and the Czech Republic. They got to stay in my home in New Jersey rather than in an impersonal hotel. Isn't this a way to encourage communication among diverse people?