How AirBNB helps users save their homes from foreclosure

By Dan Primack, CNNMoney
Thursday, September 13th, 2012

Last year Debra Giusti left her job as an IT project manager to help care for her 91 year-old mother, who was suffering from advanced Alzheimer's disease and a broken pelvis. But when she tried returning to the workforce, Gusti couldn't find any takers. Meanwhile, the mortgage payments kept coming due on her 3-bedroom home in San Mateo, California.

What saved Giusti from foreclosure wasn't an employer, government assistance or the kindness of strangers. Instead it was AirBNB, the start-up that lets property owners rent out couches, spare rooms and entire homes to those looking for a place to stay. Giusti began renting out a spare bedroom with a private bath in San Mateo, plus a guest apartment with a private entrance beneath her mother's home in San Francisco.