You've heard the phrase, "It's not personal, it's business." But as people start to share everything from their bedroom to their dog it can, and often is both. So what is the sharing economy? A personal exchange of goods and services, sometimes for free, sometimes for money.
Think couch surfing, where homeowners allow people to sleep on their couch or in their spare bedroom for free. Or AirBnB where you can rent out your house or apartment. Or the Phinney Neighborhood Association's tool library that allows you to borrow tools without a fee. Or new services that allow you to rent out your car. There is even a co-op to share dogs. Ross Reynolds talks to listeners about their experiences, both good and bad, in this new sharing economy.