The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #01318

Submission Number:
01318
Commenter:
Scott Johnson
State:
California
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I am writing in support of the "sharing" economy; specifically, peer-to-peer home sharing tools such as AirBnB. In 2008, I was laid off from my software job - and I used this as an opportunity to try to start my own company. From 2008 through 2012, I was a small business owner that struggled to make ends meet (during several periods, I stopped paying my salary, to keep the business going). However, I was able to use AirBnB to make some income off of my home, allowing me to cover my mortgage, property taxes & insurance. At a very difficult time in our economy, I believe AirBnB provides homeowners with an important option for middle class families in America to earn extra money - so that they do not default on their loans. In addition, AirBnB provides a platform that enables trust and security between the various parties (renters and owners). Without that platform of trust, both renters and owners would open themselves up to potential scammers and cons that could take place in a short term rental situation. Please keep us small business owners and working class families in mind when you consider this important topic. Regards - Scott Johnson