The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
As part of the sharing economy, we use AirBnB to rent out our basement apartment. This has brought in some much needed extra cash, which helps us pay our mortgage and our crippling student debt payments. From another angle, we have met people from all over the world and the US. Our lives are much richer and connected for having opened our house to complete strangers. Because we live so close to the public transportation in the DC area, many of our guests are here because they have work in DC. We have hosted numerous newly graduated students who are here for their first taste of government with an internship. We have hosted current govenrment employees who are sent to DC for a few weeks or months to train up in a new language or skill before being sent overseas. We have hosted activists from across the spectrum who come to DC to protest or rally for their cause. We have also hosted folks who are simply on vacation, but on a budget. Every time we have welcomed someone into our house they have been grateful that we do. Hotels in such a touristy area are often well out of budget for most. And for those who stay with us for a long time, they enjoy staying in a home. We often eat and spend time together. They are grateful for something home-like, instead of a hotel. We love this new sharing economy, and we love working with AirBnB. Our lives are richer for the experience, and I'm certain the lives of those who stay with us are also richer.