The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Having our children attending college and graduate school is costly, and we are very grateful to be able to supplement our income through Airbnb. The advantage of Airbnb (compared to renting full time) is the flexibility it offers. When our children come home, they get their rooms back. American society teaches its members to be resourceful and fend for themselves to improve their lives. Higher education is ridiculously expensive in this country, even public higher education, and this is a way for us to relieve the financial burden imposed by the education of our children (it does it only partially of course, but very bit helps). In our particular city, I don't think we compete with hotels because hotel room are in relatively short supply and they have a solid base. Moreover, hotels provide services that we don't offer some people prefer this option anyway. Using our comfortable home to welcome guests from all over the word and exchanging with them is a very positive thing. Both sides gain from it.