NYT piece on the "sharing economy"

[frazzled]

7. How true: it's a two-way street.

But then, even licensed, medallion cabbies probably face that same possible peril.

I'm a bit concerned with things like Air B&B. We've passed laws here in my city expressly for such short-term rental enterprises, making it necessary for people to get licensed annually, carry substantial insurance, and follow strict rules. I live in a condo building. I wouldn't particularly want someone in my building renting out their place every weekend to unknown people and giving them the key to our front door and elevator. And who knows if they might not make lots of noise at 3 am or start a fire or have guns, etc.? On the guests' end, how do they know the premises are moderately sanitary or safe?

See http://www.cityofchicago.org/dam/city/depts/bacp/general/vacationrentalordinance011311.pdf

There's a reason that municipalities wish to regulate the businesses that operate within their regions: for the safety and well-being of the entire community. "Freedom" to charge people for rides or a place to stay also comes with "responsibilities."