The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Airbnb has allowed me to keep my home. I want to keep my home in Minneapolis for myself for retirement and keep it in my family for my children. I cannot afford to pay for the house on my own. I had renters in the house previously and they destroyed the house. I personally put in the labor to get the house back to a liveable space and have invested much additional income for repairs I could not do. Airbnb allows me to make the house payment and pay for most upkeep of the house. Airbnb has been a blessing. The site has made the process of accepting people into my home on a short term basis very doable. I have had fantastic experiences with all guests in my home and many will return. I'm able to block time for myself as well when I am in Minneapolis. The professional and detailed aspect of Airbnb in unlike anything I have experienced technology wise to date. They don't let their users fail. They also hold both hosts and guest to very high standards to continue using their service. I believe this approach is what makes this service so successful. There is accountability on the part of each host AND each guest. As a traveller I appreciate Airbnb because prices for hotels have become prohibitive. As most of Corporate America, the middle class are no longer the customer. We are left with few options for affordable travel and lodging. Airbnb is serving US. It's serving the normal people. It's working. I can't imagine why politicians would want to challenge something that is working so well and serving so many people globally, except for self serving reasons which is unacceptable. It's time that creative solutions are allowed to serve the people and not squashed because Corporate America is threatened. If hotels want to compete than they should make changes and become competitive. Insurance companies have been taking advantage of their clients forever and making billions. I hope Airbnb continues to grow and thrive and help people support themselves, their homes, their communities.