A tax on vacant units could provide housing crisis relief, if done right
Besides funding sources, taxes can be an excellent way of shifting behaviors; but getting rates and exemptions right is key to success.
Enforcement of vacation rental regulations would restore balance
More than one out of every 20 housing units statewide is now offered as a vacation rental; in some communities, as many as four out of every 10 housing units have been converted into STRs.
Honolulu’s proposal to regulate short-term rentals needs serious help
Addressing the rampant proliferation of short-term vacation rentals in Hawaiʻi is critical to solving our housing crisis, but it’s imperative that we do it the right way: here’s how.