The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
I started renting out my downstairs with Airbnb October 2014 after being encouraged by friends who have stayed at Airbnb's. I was hesitant because I am a woman living alone. What helped me to decide was the extra income. I wasn't interested in a roommate but since my divorce I find it a challange to keep a household and try to save any money. I am almost 50 and have worked for small independent businesses for 30 years. Small business aren't able to offer 401k programs or anything to help with retirement so I had better get busy doing something so I can retire some day. Airbnb is an opportunity to save money and meet some wonderful people along the way. The wonderful rippling effects of this business is that I am able to provide a job for my neighbor, she helps me ready the space for new guests. She is a single mom with her son in collage and finds the exta income a big help. I have also been able to share the wealth by hiring others to help improve the space for future guests. Win, win. In closing I am very glad I have taken the keep of faith and opened my house to guests. It is very safe and secure. The host leaves a review for the guests and vise versa. I can read people's reviews from others before I rent to them. I find it to be a whole lot safter than dating websites, that's for sure. I am able to help others with work and I am meeting some great people. I am very impressed how respectful people are to my space and how well they leave it. Support people trying to support themselves.