The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Thank you for the opportunity to present my experiences with the sharing. For the past three and a half years, we have been hosting guests at our home. It has been a real pleasure and a successful endeavor because of the value we provide to travelers coming through our town. My husband and I both have a penchant for hospitality and receive joy extending it to travelers in our home. It is a very fulfilling. Furthermore, it provides a wonderful income [REDACTED]. This source of income was of major importance during this time. This type of sharing economy is one of the most useful in the entire world in terms of sustainability. We are using existing structures to provide value to a traveler. There is no need to create new structures, it is a highly efficient way to provide more options for overnight travelers. In every city there are lovely homes, rooms, and studios that are empty most of the time because owners need use of them now and then for family so they decide not to rent them out long term. With homestay rentals, an owner can "host" guests in these existing spaces as needed at zero cost to the city's infrastructure. They can do this at the times they decide fluidly, thus allowing the owners friends and family that also visit to come visit as they did before in between "hosting". Since these spaces are on their own property it causes the personal responsibility of the owner to be high and therefore creates a lot of accountability for the type of guest that enters into the homes they are renting. In summary, we are citizens who would like the freedom to host and also to be hosted using the amazing new innovations created by the sharing economy. We will vote for people who understand that the world is changing. Technology is making things possible and politicians and bureaucrats cannot stop it. Just like cars pushed out the horse drawn carriage, there were a lot of blacksmiths and wheelwrights that fought to stop automobiles with these same arguments to public safety. Sharing existing resources through these services is a natural organic movement. It makes sense, and is completely green and sustainable with no local infrastructure costs. Standing interests fight this like blacksmiths fought cars. Don't be on the wrong side of history. Sharing is good and makes all the sense in all the world. Thank you for your time.