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Idle Housing Sharing

In: The Chinese Sharing Economy

Author

Listed:
  • Huateng Ma

    (Tencent Research Institute)

  • Xiaorong Zhang

    (Tencent Research Institute)

  • Yi Sun

    (Tencent Research Institute)

  • Xiongshan Cai

    (Tencent Research Institute)

Abstract

In October 2007, Joe Gebbia and Brian Chesky, two unknown college graduates, lived in a rented loft in San Francisco. A conference to be held there attracted many exhibitors and tourists, leading to an extreme short supply of hotel accommodation. The two students came across an idea: renting their living room in the loft to tourists for covering their rental for the loft. Acting without delay, Gebbia made the arrangment for the rental space: A few idle inflatable mattresses were laid out in the living room as the beds while Chesky log on to the local website to advertising their rental space. Everything went well.

Suggested Citation

  • Huateng Ma & Xiaorong Zhang & Yi Sun & Xiongshan Cai, 2021. "Idle Housing Sharing," Springer Books, in: The Chinese Sharing Economy, chapter 0, pages 61-71, Springer.
    • Handle: RePEc:spr:sprchp:978-981-33-6494-3_7
    DOI: 10.1007/978-981-33-6494-3_7
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