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Sydney ranks #4 of the best countries worldwide for sharing economy

May 24, 2017 Business News No Comments Email Email

Peer-to-peer motorhome rental platform SHAREaCAMPER has released the 2017 Return on Investment Index. The aim of the study is to identify which cities offer the highest return on asset investment via rental peer-to-peer (P2P) platforms such as Drivy or Homeaway. The Index is broken down into five categories of peer-to-peer rental: homes, campers, cars, boats, and money lending.

For 31 cities with highly developed sharing economies, rankings were calculated by analyzing the ratio of market to P2P rental prices, including any fees paid by the owner, for more than one thousand assets per city. Cities were ranked by a grand total of the time needed to recoup investments, based on the return of investment percentage, in each of the five categories according to the asset-specific occupancy rate.

“The sharing economy offers great individual experiences as well as flexibility. With peer to peer rental, people can make memories in the camper, car, or boat they’ve always dreamed of owning. Similarly, everyday people can pay off investments simply by renting out underused assets,” states SHAREaCAMPER CEO Florian Dahlmann. “The biggest lesson of our research is that you don’t need to charge exorbitant rental rates to pay off your investment. We are huge fans of win-win situations like this and we hope this research encourages development in more hesitant markets.”

Rental platforms such as Homeaway, Airbnb, Drivy, SHAREaCAMPER, Outdoorsy, Turo, Snappcar, GoMore, Sharoo, Campanda, Yescapa, Boathound, Yachtico, and Getmyboat were used to collect data. The findings are clear: If you’re thinking about investing, the sharing economy pays off.

Sydney placed in position 4 in the ranking, taking into account all five of the markets researched.

The five best cities for a high return on investment via all business models are:

The sharing economy has opened up financial opportunities for private citizens using their property for a wide new range of accommodation, transportation, and leisure services. As cities create new legislation regarding them, it is important to take into account those who make a living through such platforms.

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