The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #01645

Submission Number:
01645
Commenter:
Jean Marie Dillon
State:
North Carolina
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Dear Review Committee, I am unemployed Operations/Human Resources C-suite executive from Chicago. I lost my job in March 2015. I've since relocated to Asheville, NC to be with, and marry, my husband. Rather than sell my small 1200 sqare foot furnished condo at a market loss, I have decided to list my residence, purchased in 2004, on Airbnb. In my first month of listing, I have earned enough to pay my mortgage and other expenses, retain possession of my dweling, and remit taxes to Cook County. Additionally, I am able to return to my property and stay at the time of my chosing, an option not available to a dwelling under lease. Considering that all facets of government support and encourage home ownership, this turbulent econonmy with its inherent lack of job stability, must equally support a flexible arrangement that allows the middle class to retain ownership. In addtion, it allows the homeowner to take more control over the timing and choice of homeowners' possession, whether it be the dwelling's sale in a market that favors the seller, and, in turn, increases tax revenues, or in seasonal possession, incurring hospitality tax to the local county. At this time, I am still unemployed. I hope to find a telecommuting job that will allow me to float between North Carolina and Chicago. In the meantime, the Airbnb platform generates enough income to allow me to pay down my mortgage and retain possession. Respectfully submitted, Jean Marie Dillon www.linkedin.com/in/jeanmdillon [REDACTED]