Home exchange
Template:Short description Template:Use dmy dates Template:Homestay service Home exchange, also known as house swapping, is a form of lodging in which two parties agree to offer each other homestays for a set period of time. Since no monetary exchange takes place, it is a form of barter, collaborative consumption, and sharing. Home exchange can cover any type of residence including apartments, houses, holiday cottages, boats, or recreational vehicles. It can include an exchange of the entire home or just a room. The length of the swap can vary from a weekend to over a year. The swap can be simultaneous or non simultaneous. Home exchanges are usually arranged via specific types of social networking services, most of which charge a fee.<ref>Template:Cite news</ref><ref>Template:Cite news</ref>
Like all homestays, home exchanges offer several advantages over hotel lodging, including a lower cost and opportunities for cultural diplomacy and friendship.<ref>Template:Cite news</ref><ref name=athome>Template:Cite news</ref><ref>Template:Cite news</ref><ref>Template:Cite news</ref>
Some networks offer the ability to collect a security deposit.<ref>Template:Cite news</ref>
Summer is traditionally the peak season for house swapping, as families travel during school breaks.<ref name=athome/>
HistoryEdit
Organized home exchange originated in 1953 with the creation of Intervac International by a group of European teachers looking to travel internationally economically during their summer breaks.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> That same year, teacher David Ostroff created a home exchange network called "Vacation Exchange Club" (now HomeLink) in New York City.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
In 1992, Ed Kushins started what is now HomeExchange.com after a home exchange experience in Washington D.C. In 1995, he moved the business to the internet.<ref>Template:Cite newsTemplate:Subscription required</ref><ref>Template:Cite news</ref><ref>Template:Cite newsTemplate:Subscription required</ref>
In 1999, home exchange was estimated to be growing at 15-20% per year.<ref name=time>Template:Cite magazine</ref> In 2010, home exchange networks were continuing to experience rapid growth.<ref>Template:Cite news</ref>
Academic researchEdit
Home exchange has been a subject of sociological studies, geographical and tourism studies, culture studies and peace studies. In 2008 it became also the subject of information and information security studies.<ref name=":0">Template:Cite thesis</ref>
Information studiesEdit
The 2008 study by Julia Maria Koszewska explored "the role of information in modern society, particularly onaccess to information and information management as prerequisites for participative and democratic society".<ref name=":0" /> This was done by study of history of home exchange movement and its initiatives, websites, and functionality expressed by users experiences shared with the researcher.
Participant demographicsEdit
Participants tend to be well-educated and well-traveled. Home exchanges are popular with teachers during school holidays, particularly during the summer,<ref>Template:Cite news</ref> and with senior citizens, who have more time to travel.<ref>Template:Cite news</ref>
A 2013 study by the University of Bergamo showed that participants were more skewed to higher age groups, with 28.3% aged 45–54, 18.7% 65+ and only 5.9% under age 34.<ref name=bergamo>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The study showed that 84.3% of respondents seek out museums and nature, 67% value environmentally-friendly tourism, and 98% express interest in cultural heritage. Fair trade food (63%) and organic food (73%) are also important.<ref name=bergamo/> The study noted the strong degree of trust necessary in collaborative consumption, with 75% agreeing that most people are trustworthy. 93% were satisfied with their experience, with 81% having swapped homes more than once.<ref name=bergamo/>
CompaniesEdit
Home exchange services encompass various brands facilitating the exchange of residential properties for temporary stays. Several prominent companies operate in this domain: Homeexchange.com stands as the largest global service of its kind, boasting a substantial network of over 450,000 homes worldwide.Template:Cn ThirdHome distinguishes itself as an upscale home exchange community exclusive to second-home owners.<ref>Template:Cite news</ref><ref>Template:Cite news</ref>
Popular cultureEdit
Home exchange was the subject of the 2006 romantic comedy The Holiday, directed by Nancy Meyers and starring Kate Winslet, Cameron Diaz, Jack Black and Jude Law.<ref>Template:Cite news</ref>
Permanent home exchangeEdit
There are several situations in which people have exchanged homes permanently:
- During the subprime mortgage crisis, home exchange was used to help buyers and sellers when financing was harder to obtain.<ref name=chit>{{#invoke:citation/CS1|citation
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- Mutual exchange is a mechanism for tenants of public housing in the United Kingdom to swap their homes.<ref>{{#invoke:citation/CS1|citation
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- During ethnic conflicts, such as in Iraq in 2006, members of ethnic minorities have swapped homes with friends who are members of different ethnic minorities in a different neighborhood. The goal is that each minority resident ends up in a neighborhood where their ethnicity is in the majority, thus reducing violence.<ref>Template:Cite news</ref>