Apartment Block

: But the key was there, and, eventually, so was a line in my credit-card bill commensurate with staying for four weeks on the seafront at Bondi beach, according to The Guardian. The elderly couple who owned the apartment block were shocked when I told them how much their tenant had sublet for: several times the rent he was paying. I had flown to Sydney for a month-long stay in an apartment, booked via Airbnb, and I would have been in disarray if there had been something wrong. It was my first experience of the so-called sharing economy , and it was good. The place was a lot more like it said it was than most hotels are. The platform – Airbnb – worked, and I built up some of the vital capital of the peer-to-peer economy: trust. (news.financializer.com). As reported in the news.

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