The economics of sharing #infographic

The economics of sharing #infographic

People's communities have shared use and distribution of the estate for thousands of years, but it was simpler for property owners and those who tried to find each other due to the advent of the Internet–and their use of big knowledge. Those processes can also be called social economy, collective consumption, collaborative economy or peer economy.

Economies of sharing enable individuals and communities to obtain money from underused resources. Stupid assets such as parked cars and storage spaces can be leased when used in a shared economy. There is a separation of physical assets into facilities.

Examples of this can be seen in car sharing services like Zipcar. Private vehicles go unused for 95 per cent of their life, according to data provided by the Brookings Institute. The same research describes the cost advantage of Airbnb, because residential owners prefer spare bedrooms over the hotel area. Airbnb prices were estimated to be 30 to 60 per cent cheaper than hotels around the world.

The economics of sharing #infographic

infographic by: www.swimply.com

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