The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I have been a part of the sharing community for the last two years. I've made friends with people from all over the world. Every time they take one of my recommendations, they bring money to local businesses in my San Diego community. I've been told that they sometimes wouldn't be able to afford a vacation to my home city, if it weren't for the sharing community. My guests are respectful of my space, my neighbors and my community. I have had ONLY positive experiences since being a part of the sharing community. I believe that every one of my guests would concur. I'm retired and the money I make from this exciting venture allows me to maintain my property at a level I might not be able to afford if the sharing economy didn't exist. I was able to purchase a new car last year. My previous one was 9 years old. I worked for over 40 years. The sharing economy supplements my social security and 401K savings. I pay federal and state taxes on the additional money I earn, and I'm able to set aside some money for my own travel. I can afford to travel, myself, using the services provided by other sharing economy hosts.