Hawaiʻi Appleseed releases 2024 report exploring an Empty Homes Tax to address Honolulu’s housing crisis
Honolulu's severe housing crisis is being exacerbated by a growing trend of vacant homes purchased as investments by non-residents. To reverse this trend, Hawaiʻi Appleseed recommends a flat tax of 3–5 percent on empty homes.
Hawaiʻi’s conveyance tax can be an effective tool to address our housing crisis
Hawaiʻi lawmakers have an opportunity to tailor the sales tax on real property so that it reinvests nonresident wealth into our island communities through affordable housing development.
Charting a path toward balance between tourism and the needs of residents
A new report provides solutions for lawmakers to solve Hawaiʻi’s vacation rental problem.
Report documents the impacts of vacation rentals on Hawaiʻi’s housing supply and economy
Vacation rentals offer the possibility of extra income for some residents and additional tax revenue for the state, but many of the benefits go to nonresident investors.