For several years now, the “sharing economy” has been having a significant impact on how we live our daily lives. From Uber to AirBNB to Lime, these new approaches to traditional industries have left their mark on modern society. I have previously noted in this blog several concerns that savvy real estate investors should take note of before participating in this novel paradigm … [Read more...] about The rapid expansion of the “sharing economy” produces an ironic “disruption” for California coastal regulation
As noted in a recent issue of Stanford Lawyer, the sharing economy is a deceptively innocuous phrase used to describe a collection of “disruptive” enterprises that have emerged in the last number of years. Writing in my blog on this subject a couple of years ago, I pointed out that, while these new ventures offer excitement, novelty and variety, they also come with … [Read more...] about Are we witnessing growing pains for the sharing economy?
Several online businesses (e.g., Airbnb, Vacation Rentals by Owner) now allow people to offer their homes, apartments and other living spaces for short-term rentals, aka, the sharing economy. The growth of these businesses has been nothing short of amazing, because they meet an important need for both parties—inexpensive short-term housing for the visitors, and new, potentially … [Read more...] about To (Airbn)b, or not to (Airbn)b? Use caution when engaging in the “sharing” economy