Monday, July 21, 2014

Issue 383 House Sharing (alternate to Hotels) July 21, 2014

Continuing with alternatives to over-regulated businesses from last week we have house sharing.  So how does that work?

House Sharing:  The way it works is similar to ride sharing.  The person makes a suggested donation which takes the place of a fee for service.  This is where the similarities end as far as I know. The methods of operation however vary and I see two models based on my knowledge of the subject.  

The first method is the house sitting model.  Basically, you rent your home to a person or persons for a specified period of time.  They live in your home for that period of time fending for themselves in the same manner they would if they were at home.  

The other method is the bed and breakfast model.  In this case, the homeowner is home, but is renting out extra rooms to clients to stay for a limited period of time.  The homeowner takes care of the traditional role of housekeeping and even providing breakfast.  Simple right?

As to the vetting process.  There are those who advertise on social media or other websites like Craigslist.  How they are vetting their potential customers for being respective clients is something that I do not know.  Thus I can only speculate that it works in a similar method to the ride sharing model where they use Facebook to identify their clients and gather information if they are a worthy client that will not be a home wrecker.  


Conclusion:  Again we have a method of bypassing traditional federal or even local regulations that allows businesses to operate untaxed and unhindered.  Sure, these people escape taxes, but I could care less.  The businesses who run their businesses in the normal way simply pass the taxes on to us, their clients anyway.  So why care as these people will be taxed in other ways in the first place.  We are bogged down by so many mandates by government, so I celebrate the entrepreneurs who have found a way to bypass the government’s red tape.

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