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A significant part of Hawaii houses holiday homes to rent, report says

A report from the Hawaii Appleseed Center for Law and Economic Justice found that 1 in 24 homes in Hawaii (and 1 on the 8 in Kauai, above) is used as a vacation rental, possible adverse consequences for the local economy.

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A new report shows that more and more Hawaiian houses have been converted to holiday homes, questions arise about the permissibility of the practice in the state.

The report by the Hawaii Appleseed Center for Law and Economic Justice, is of the opinion that 1 in 24 homes in Hawaii — or slightly more than 4 percent — is shown as a short-term rental on the home-sharing and home-rental websites like Airbnb, according to Hawaii News Now.

A zen-like oasis you’ll find here in the “Goddess of the Hula,” one of the five bedrooms in this Kauai home. Whether it’s a sea cliff walk on the Kalalau Trail, or a shared meal with the other travellers in the common kitchen, you’re sure to find satisfaction here. ⠀⠀⠀⠀⠀⠀⠀ Photo: @beckberri

A post shared by Airbnb (@airbnb) on Mar 13, 2018 at 11:22am PDT

On islands such as Kauai and Maui, that number rises to only 1 of the 8 homes (12.5 percent) and 1 in 7 (14.2 percent), respectively.

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“That rate of expansion of homes, the taking of that critical affordable housing away from our residents, really shocked me, to be honest,” said Victor Geminiani, who claimed that more than half of the state of 23,000 vacation rentals were in the hands of non-residents.

He further argued that only a fraction of that is “actually legal.”

The Hawaii Appleseed Center for Law and Economic Justice, agrees, writing in a press release that each holiday home has a negative impact on the local economy, the increase of the prices in the area and leaving the local population without afforable housing.

“The loss of long-term rental to Installed means higher costs for housing for Hawai’i residents. Although Hawai’i is derived from a number of benefits of Installed by means of increased tourism expenditure and the collection of taxes, the benefits are far greater than the costs.”

In their report, the Hawaii Appleseed Center suggested that Hawaii should consider taking measures to help with the damage caused by the spread of illegal Installed [rental units] in the state,” in part by the requirement that the vru owners to be present when a tenant takes the space, and by informing the community about their rights, complaint against illegal rentals.

Read our new report on how the vacation rentals are the deterioration of our state #HousingCrisis

“Hawai’i Vacation Rentals: Impact on Housing & Hawai’i’s Economy” https://t.co/4zH975qiav #affordablehousing #fairbnb #sharebetter @AiKeaHawaii @AoleAirbnb @airbnbwatch pic.twitter.com/N1OQilPY7j

— Hawai’i Appleseed (@HIAppleseed) March 22, 2018

The democratic State Senator Glenn Wakai further argued that the local people have had “enough already” when it comes to the “big” and “loud” holiday homes to rent, according to Hawaii News Now.

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Recently, the state legislature also has a bill that would force home-rental websites to reveal the personal information of the vru owners, which would help authorities determine whether they are completely legal. Airbnb, on the other hand, also has a proposal for a set of “common sense rules” for Hawaii property owners and tenants.

“The efforts to put a ban on alternative accommodations would be devastating for the local economy, hurting small businesses and local residents, the company, by Hawaii News Now.

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A representative for Airbnb was not immediately available for comment.

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