Singapore's sharing economy: Why are we not doing more?

"Using Airbnb for the first time in December, I booked an apartment at Gare du Nord - in the heart of Paris - for $1,800 for nine days. It was no swanky hotel but the apartment was a steal for its location and had reliable heating and hot water for my team of three.

Our host, a French-Canadian advertising executive named Eric, was on a business trip the entire time we were there. But even though we did not meet, he and I have struck up a friendship over countless e-mail messages discussing the merits of the eating establishments near his apartment. We now have a standing invite to visit each other in our countries.

As transactions go, this was a win-win for all parties, and explains why the sharing economy has gained global traction."

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