By Natalie Dolce | GlobeSt.
The sharing economy is “booming for boomers.” According to a report released by PricewaterhouseCoopers, an estimated 7% of Americans consider themselves “providers” in the sharing economy. And for Americans over 65, the number jumps to 16%, says Michael C. Polentz, co-chair of the real estate and land use practice group at Manatt, Phelps & Phillips LLP, located in the Palo Alto office. Polentz, along with Elizabeth Levin, an associate at Manatt, Phelps & Phillips, LLP, located in the Los Angeles, address the issue further in the commentary below.
The views expressed below are the author’s own.