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.