Marginal conveyance tax rates would advantage the majority of Hawaiʻi’s local homeowners
Hawaiʻi has some of the highest home prices in the nation, yet our current, flat conveyance tax structure fails to ensure that real estate market activity meaningfully contributes to affordable housing, infrastructure, and community investment.
A mix of progress and missed opportunities: affordable housing efforts at the 2024 legislature
As Hawaiʻi continues to grapple with the complex dynamics of housing affordability and availability, it is clear that a more balanced approach that incorporates both supply- and demand-side measures, is essential.
Leverage Hawaiʻi’s conveyance tax to equitably fund affordable housing, land conservation and infrastructure needs
The legislature has the opportunity this session to raise revenue to pay for much needed affordable housing—as well as land conservation and infrastructure—by increasing conveyance tax rates on investment properties.