Today Green confirmed plans for reducing Hawaii vacation rentals, and increasing visitor fees.
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185 thoughts on “Governor Confirms Maui Rental Moratorium, New $25 Tourist Fee, + Increase In Accommodation Tax Possible”
Home » Blog » Hawaii Travel News » Governor Confirms Maui Rental Moratorium, New $25 Tourist Fee, + Increase In Accommodation Tax Possible
Why are STR’s the “sudden” reason for lack of affordable housing after so many years of knowing such a predicament was already in place? Is this really our fault?
STR’s provide affordable rentals for guests who spend lots of taxable dollars and further provide the jobs necessary to spend them. Forcing them out of the market will eliminate many tourists and thus eliminate the jobs needed to take care of them. What then? Locals living in FEMA paid housing for a limited time, their jobs decimated (thus less income) and your tax base seriously damaged. Less jobs means less income tax and more tax money going out to provide for housing and unemployment. That is a no-win for everybody except corporate-owned hotels/resorts.
Real estate taxes and fees for vacation rentals are already the highest in the country. Three times higher for comparable rental ocean front properties in Florida. Eventually you will kill the Golden Goose
Vast majority of west maui is condo’s where HOA are in the thousands per month, The people who lost their homes, Not many people anywhere in the USA can afford rent that would be 5 grand a month.
As usual screw the little guy, Hotels will make even more as they will jack rates even higher