The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #01370

Submission Number:
William & Diana Price
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
To whom it may concern: I are writing concerning the cultural and financial advantages that Airbnb is providing my wife and I in our senior years of life. We have been taking advantage of the excellent services of Airbnb for less than a year. Their comprehensive program of assistance has opened a new accelerated line of income for us. However, besides the extra welcomed income, there have been other unexpected benefits. We have been host to guests from all over the world! Our guests, in the last six months, have been from China, England, Israel, Denmark, and coming soon to our vacation home, Japan. Besides hosting travelers from all parts of the world, there have been our domestic guests. Guests from Washington, Colorado, Arizona, Utah, Tennessee, Louisiana, and, yes, California. Since we make every effort to meet, and greet our guests we have benefited from the friendships and cultural exchanges between us. Even when we can not speak the language, the language of hospitality and friendship has effectively overcome any linguistic deficits. Although now eighty years of age, I am still working to support our extended family.... as is so often the case in our uneven economy. Airbnb is a vital part of being able to more than just survive on a Social Security income. We are not adverse to sharing in support of the city where our hosting occurs. We understand the revenue stream that hotels, and motels generate for their city of origin. As a host, having a share in this city financial support would be understandable. Being responsible, as good host and neighbor, should mean that the host will give proper oversight for the care and conduct of each rental property they own or manage. We will appreciate any legislation that will enable owners to use their property to welcome and host the public in general. It is a beneficial hosting program for one and all. It is, and can continue to be, a welcomed life jacket to many persons, assisting them to stay financially afloat, and not sink into the daily uncertainty of this world's fickle economic sea.