The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #01321

Submission Number:
01321
Commenter:
Simone Cifuentes
State:
Louisiana
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
The sharing economy is great because you can help others while helping ourself and making ends meet. However, whole house rentals on sites like airbnb ruin communities by artificially raising rents, removing viable housing stock, and destroying neighborhoods by replacing neighbors with loud often drunk enough tourists. There is room for companies like this but regulation should limit the types of rentals that are available.