Plaintiff Magazine: The Risks of Being a Host in the Sharing-Economy
The “sharing economy” is in full swing in the San Francisco Bay Area; indeed, in many countries around the world. Due to advances in technology, Web-based and mobile apps give individuals the ability to turn dormant investments like cars and houses into money-generating assets. These platforms and apps allow companies to monetize these assets and for consumers to operate businesses and generate income by sharing everything from rides and cars, to rooms and houses. While there are benefits to creating efficiencies in the marketplace, there are also significant risks and harms. These risks are too often ignored by the major players in the sharing-industry, many of whom appear willing to flaunt the law while embracing the mantra “it is better to beg forgiveness than to ask permission.”
View the full article from Plaintiff Magazine — The Risks of Being a Host in the Sharing-Economy