Embracing the “sharing” economy – What this shift could mean for commercial real estate

Description

Abstract: Over the past several years, Uber and Airbnb have become an accepted part of life in the new economy. The so-called “sharing” (or collaborative) economy optimizes the idle time of a variety of assets, including vehicles and real estate, to suit the needs of people who own such assets and those who are interested in access to them. This article looks at how this shift may affect the commercial real estate industry.