Maui County plans to phase out thousands of vacation rentals by 2025 

Boy Howdy! You got that right. Hawaii's Demo Rats are stuck on stupid.

Have the powers that be, even thought this through? Maybe they need an independent study of short and long term economic impacts before dropping the hammer.

@@bw5277 yeah they are going to spend $300K taken from the food bank account..for study..announced a couple of days ago..$300,000 to study the impact?'...duh? really?..we already know the answer..bankrupt the county and property values plummet..10-14K lost jobs..$2.5 BILLION lost revenue..

Not a local, but not paying 600 dollars plus a night to stay in resort.....Good luck with this.

Everyone in that press conference probably supported the “Stay away from Maui right now.” message. As they made other business on Maui suffer with them. At the end when the council member said “What good are jobs, if you don’t have a place to live?” Her next question will be “What good are homes, if you can’t pay your mortgage/ rent?”

yep. Sea Tim truth latest v.

That would violate Federal Antitrust laws. Not to mention it would be a bit racist no? How about we limit 2nd home ownership by Hawaiian born folks on the mainland? That’s not right either. However, I will agree there should not be properties sitting vacant for more than 6 months. There should at least be either people living in them or have rental incoming benefiting the island. Vacant properties are often purchased by foreign investors for equity building and don’t benefit the locals and erodes usable land for living.

@@marcot3013 The real estate system around the world is proving to not be functional, especially in countries with great economic imbalances. The changes must come to allow the next generation to live in the communities they are born in. Also removing the purchasing of 2nd homes/property for the purpose of making money. Hawaii is a perfect example of this problem. Where there is only a small amount of real estate available and everyone from around the world wants it. Particularly the rich to make money off the valuable real estate, this includes all the hotels. Residents need to have the opportunity to work with the land and promote the natural beauty as well as growing/producing food for themselves and their community. Perhaps making the law for residents born in Hawaii before 2000. Since Hawaii has certainly passed its population limit and should not allow anymore people to move here, as well as limiting the amount of visitors at any given time. This would reduce the escalation of pollution.

I wouldn’t worry about individual folks owning a couple of extra homes. What I really hate seeing are mega corporations who buy thousands and thousands of residential homes, out bid every family when a house comes on the market, then rent for profit. I am not sure how prevalent this is in Hawaii, but it is happening at an alarming pace in the continental 48. These companies by farmland/land etc…This should be banned and like you said prevents the younger generations from buying their own land/house. These corporations should be the target of governments.