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It's not an option for us--too many critters, but I have family who do it all the time. My cousin live in Austrailia. Her parents go over every 18 months or so for several months at a time. They live in Vancouver. They just swap houses with someone over there--different house everytime. They belong to a group that organizes it and screens the members. They get to see their daughter and their grandkids and they don't drive each other nuts by having to live in cramped quarters for months!
I think it's a great idea and yes, I probably would do it. My concern would be the cats.
Only a PTEr and I'd make sure anything truly personal was locked up or stored elsewhere so it wasn't broken/stolen/lost/spied. I'd also spend a million hours cleaning.
I figured that would be the worst part making sure everything is super clean, there is no way I would let people in my home unless it was perfect, and I don't live that way all the time, lets face it, there is a bit of dust gathering here and there in my house,nope not for me really, my house is my castle as the saying goes, and is my private place for me and my family only,but it could work well for some, especially PT member's who already know each other and trust each other with their animals.
Like someone else said, I would be cleaning for a year before anyone could even come stay here. And my animals would come with me. I wouldn't mind if they brought their own, though. I think it's a neat idea but I honestly don't know if I could do it or not.