Today’s news story is about the Calgary couple, Mark & Star King, whose house was vandalized for $50,000 again involving an Airbnb guest. A question being asked in social media is why would they rent to complete strangers? As a fan of Airbnb, I think it’s because those who participate in the sharing economy believe in a world where people are inherently good. We want to think that those who are in the collaborative consumption economy (more on that term in a future post) do it because we see the value in sharing what we have. I would rather rent my vacation home than have it used only a few times a year by me. It’s bad for the house and bad for my pocketbook. Yes, there is an economic incentive for me and I don’t deny this is an important part of the decision. I earn money on the assets I don’t use daily and others get to save from borrowing my assets. Vijilent is vigilantly (pun intended) working on our solution to have a way to learn more about the individual sharing someone's property. The Calgary situation was extreme and rare. Most transactions are great experiences for everyone. However, do use Vijilent’s V-score to be informed on who you are sharing your life with.
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