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 Sharing economy

¡i©ú³ø±M°T¡jSome local residents have been found renting their houses to non-local visitors via the Airbnb platform, which is illegal in Hong Kong. Airbnb is the most recognised international brand in the emerging "accommodation sharing economy". A growing number of property owners are making their dwellings available for short-term rentals. The platform is popular among travellers despite the law and regulatory issue.

A sharing economy is also known as a collaborative economy (¨ó§@¸gÀÙ). It allows people to share resources such as equipment, services and skills with one another, often at a significantly lower cost. Popular examples include house renting , carsharing or ridesharing. Although the sharing economy is becoming a global trend bringing more flexibility to the workplace and life, there are lingering privacy and safety concerns.

¡½English highway¡REquipment

Equipment is an uncountable noun. It is always followed by a singular verb.

e.g. All the equipment is on the table.

¡½Game ¢°

Bill and MoMo were about to cross the harbour. Help them through the maze and get a taxi.

¡½Game ¢±

Bill and MoMo met a family of three in the queue who wished to join the taxi ride and shared the fare. MoMo paid the total amount first. If they shared the taxi fare evenly (the family is counted as one unit), how much should Bill and the family pay MoMo back?

¡DMoMo: I owe you ¢C23 for yesterday's lunch.

¡DBill: I'll deduct it from the taxi fare.

Taxi fare: ¢C105

Bill should pay

¢C_______

The family should pay

¢C_______

(Answers on next text)

¡½Glossary

recognised (adj) ¤½»{ªº

emerging (adj) ·s¿³ªº

dwelling (n) ´J©Ò

fare (n) ¨®¶O

[Smarties' Power English ²Ä197´Á]

 
 
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