Airbnb believes that extending this to people who also rent spaces will go a long way. The platform states that giving everyone on its platform the ability to earn money from their own rooms will boost economic opportunities for all parties.
Still, individuals who have landlords to answer to will need to get their permission before renting out personal areas on the travel platform.
The extra income could go a long way for many Americans
Just earlier this month, new polling revealed that numerous renters doubt they’ll ever become homeowners. Central to this outlook are the financial components that accompany keeping up with a mortgage, saving up for a downpayment, and more.
Real estate agency Redfin also confirmed that the costs of rent are on the rise.
If non-homeowners get the opportunity to rent space on Airbnb, this could contribute to their monthly income in monumental ways. The funds from temporarily subletting could be used to save for owning a home one day or simply maintaining current monthly bills.
