*By Madison Alworth*
In the sharing economy, you don't need a huge dining room to throw a luxurious dinner party. You can just rent one.
That's the idea behind [Splacer](https://www.splacer.co/), a new start-up that aims to be the Airbnb of event spaces.
"Airbnb laid the first foundation stone of understanding we can share space," said Splacer CEO Adi Biran.
Her company, she said Thursday in an interview on Cheddar, wants to take the sharing economy one step further.
"Splacer's offering the rest of the spaces. If we can share our own homes, why wouldn't we share our offices, our churches, galleries, distilleries, barber shops, and so on?" she asked.
Splacer offers space rental either by the hour or per day. The start-up encourages consumers to find the perfect spot for their art, special events, parties, and beyond.
The company first launched in Tel Aviv, Israel, but has since expanded to five U.S. cities: New York, San Francisco, Los Angeles, Miami, and Chicago.
The once-foreign idea of a gig economy is now growing even within individual industries. Ride-sharing started with Uber and Lyft and now includes bike and scooter companies like Bird and Lime. So perhaps it makes sense that real estate rentals branched into bigger spaces.
"This is something that will be extensively used by everyone who is really looking to access a space as opposed to owning it," Biran said.
For full interview [click here](https://cheddar.com/videos/finding-the-perfect-splacer-for-your-next-event).
Demand for mortgage loan applications fell 5.7 percent in the last week of February, according to a survey from the Mortgage Bankers Association (MBA).
A large cross-section of Americans is at risk of falling below the poverty line as the program that provided more than 32 million people with extra SNAP benefits during the pandemic is set to end. Families received at least $95 extra per month to spend on food.
The Black Innovation Alliance is working to empower Black entrepreneurs and recently received a $3 million commitment from UBS to help with resources. Ifeoma Ike, director of policy and movement strategy with the Black Innovation Alliance, joined Cheddar News to explain further the organization's mission.
Shana Sissel, president & CEO of Banrion Capital Management, joined Cheddar News to discuss another down day on the last session of the month in trading as inflation, a restricted monetary policy, and layoffs continue to affect markets.
Americans who get paid bi-weekly, which means twice a month, will see a third check in March. Shon Anderson, chief wealth strategist of Anderson Financial Strategies, joined Cheddar News to provide tips on how to improve your financial position with that extra pay.
Tesla shareholders filed a lawsuit against the company and Elon Musk, accusing the billionaire of overstating the capabilities of the electric vehicle's self-driving software.
