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Jan. 10, 2014 10:15 am

Sharing economy grows in the city [Baltimore mag]

Nick Miller (left) and Adam Zilberbaum, cofounders of Parking Panda.

For the last year, Shaina and Trevor Holman have used AirBnb to rent out the spare bedroom in their Hollins Market home — and they’d made between $900 and $1,600 a month doing so.

Over the last several years, Baltimore magazine reports, elements of a growing sharing economy have taken root in the city: Zipcar, Airbnb, Uber and Federal Hill-based startup Parking Panda, which works to fill up empty parking spaces in garages throughout downtown Baltimore:

Enabled by mobile technology, pushed by changing millennial values emphasizing sustainability and creativity, and fanned by the economic slowdown—it’s a transformation described as “the sharing economy.” Simply put, the people born between 1980 and 1994—the largest and most educated generation in U.S. history—are choosing to live differently and reshaping how cities, including Baltimore, function at basic levels.

Read the full story at Baltimore magazine. And read Technical.ly Baltimore’s coverage of Parking Panda here.

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