Mentor: Dr. Kent Malone
Warrington College of Business Administration
"In recent years, the sharing economy has grown to be an over $300 billion industry that overlaps significantly with the real estate industry. Because the sharing economy is such a new economic force, there is little information about the effects of the sharing economy on traditional real estate, and many communities fear that the effects are negative. As the sharing economy continues to grow in the United States, it is increasingly important to understand the fate of traditional real estate to create a proactive, economically stable plan for future American real estate businesses and communities. During my research, I will study the long and short term effects of companies that dominate the United States real estate sector of the sharing economy on traditional real estate, identify real estate policies that affect the sharing economy and how they will be affected in the future, and provide recommendations and forecasts for the sharing economy’s place in real estate."
- Effects of Technology on Real Estate
- Real Estate Law and Healthcare Law
- Florida Bright Futures (2016-Present)
- University Scholars Program (2017-2018)
- National Society of Collegiate Scholars
- Susan G. Komen Race for the Cure
Hobbies and Interests
- Brazilian Jiu Jitsu
The Effects of the Sharing Economy on Traditional Real Estate in the US through “Home Sharing”
This research project will explore the effects of the sharing economy on traditional real estate in the United States through “home sharing”. The sharing economy is a rising category of economics where people can borrow or rent something of value made available by another individual. The growth of the sharing economy is intensified when there are high prices surrounding goods or services and the goods or services are not being used to their fullest potential by the original owner. This is increasingly the case in real estate. During my research, I will study the effects of companies that dominate the United States sharing and real estate economies through “home sharing”, such as, Airbnb, Tripping, FlipKey, HomeAway, VRBO, VayStays, and VacayHero. From this analysis, I will provide forecasts and recommendations that will help businesses and communities around the US successfully prepare and plan for the future of the sharing economy’s place in real estate.