The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
At 56, I was laid off in 2008 from a non-profit organization (a church) here in California. The only good thing was I had absolutely no credit debt! But after five years, my retirement funds which I had not planned on touching for at least another 10 years had almost disappeared. I've lived here in Santa Monica since 1977. I consider this apartment my home and I was about to lose it. Then in 2013, I meet someone who introduces me to Airbnb. What Airbnb has done for me? I've been able to remain in my apartment/home and work for myself! Mostly, I am hostess to young lady travelers who need an "auntie" they haven't met yet. Someone to keep an eye out for them while they navigate through Los Angeles on their vacation/holiday. My experience with Airbnb has been very fulfilling and empowering on so many levels. It's improved my quality of life. Financially, relationally and emotionally! I have had some great jobs in my life but this truly the best! What do my guests do while here? Shop, sightsee and dine at the local restaurants-for breakfast, lunch and dinner. Some rent a car or a bike, some use public transportation or use taxis. And these ladies all Shop, Shop, Shop! I love seeing all the great fashions they've bought and they enjoy showing me all their retail bargains! I know my shopping guests have helped the local economy!