Immigrant Families Benefiting from Home-Sharing Economy, Study Finds
*Of course! The immigrant energy is resourceful. In fact, that energy persists in the U.S. Latino community. What’s now called the “shared economy,” as if it were a new thing, has been a way of life for Latinos and immigrants for generations. Except that when Latinos do it it’s called an “informal economy.” VL
By Grisleda Nevarez, NBC News (2.5 minute read)
Immigrants are a significant and growing share of the nation’s entrepreneurs, so it’s not surprising that immigrant families are turning their homes into an economic asset through the sharing economy.
A report by the National Immigration Forum finds immigrants are benefiting from the home-sharing model such as Airbnb, which allows people to share their homes with others in exchange for a fee.
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For some families, the sharing model provides them much-needed supplemental income. In Los Angeles, for example, people typically earn $7,000 a year from participating in Airbnb.
[Photo by Horst JENSFlickr]
