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Tuesday, March 7, 2023

Car wrecks, pay cheques and puppy palaces: the fringes of the share economy

From boats to backyards, peer-to-peer lending services have gone well beyond spare rooms. While renting your assets to strangers can be lucrative, there are risks

Trianda Jubian is getting ready to host a one-year-old’s birthday party. The event will take place in her back yard, in the Sydney suburb of Sylvania Waters, but it’s not for Jubian’s own child. Rather, the party is being held by a group of 22 strangers who are paying $80 an hour for the use of her home pool. She’ll greet them when they arrive, take them through some rules (no bombing, diving or peeing in the pool, please), then go inside and draw the blinds until the booking is over. So does Jubian feel a bit odd about that?

“No, not at all,” she says. “In actual fact, I’m proud because I’ve got this beautiful place … I’ve worked hard for all of this, so why not share it?”

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