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New construction simply hasn't kept up with population increases.
This is by design. Demand outpaces supply, market responds with higher prices, County gets to tax on that higher valuation, more money for less work.
If enforced with the same "discretion" as current regulations, we have nothing to worry about, right?
Otherwise, let's give County all the rules they could possibly want ... then let's all make three complaints a day, every day, about everything, all the time. Rules are important, and County did insist on enforcement, right?
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It is sad that those who currently follow the rules will ultimately be punished by more fee’s and government red tape. I own a TVR that is registered and pay all taxes. If I could no longer rent as vacation rental, I would not sell or rent to long term renters. We stay at our home 3-4 times a year for a few weeks at a time so my only option would be not to rent at all. . This is only going to hurt the locals whom I employ to care for the home, clean the home and manage the rental. In adddition, the County would no longer get their taxes so I don’t see how this is good for the County...and i thought the mainland was political.
Stacey
Living the life in Cali and Hawai‘i
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"...and i thought the mainland was political."
Oh, you ain't seen nothing til you've seen Hawaii politics in full operational mode. It makes New Jersey and Louisiana look like paragons of civil virtue.
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quote:
Originally posted by kalakoa
New construction simply hasn't kept up with population increases.
This is by design. Demand outpaces supply, market responds with higher prices, County gets to tax on that higher valuation, more money for less work.
If enforced with the same "discretion" as current regulations, we have nothing to worry about, right?
Otherwise, let's give County all the rules they could possibly want ... then let's all make three complaints a day, every day, about everything, all the time. Rules are important, and County did insist on enforcement, right?
Seriously, that's part of my civil disobedience plan if this passes. Reporting empty lots as illegal TVRs. County will have to waste their time and money investigating.
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quote:
Originally posted by LazyLehua
It is sad that those who currently follow the rules will ultimately be punished by more fee’s and government red tape. I own a TVR that is registered and pay all taxes. If I could no longer rent as vacation rental, I would not sell or rent to long term renters. We stay at our home 3-4 times a year for a few weeks at a time so my only option would be not to rent at all. . This is only going to hurt the locals whom I employ to care for the home, clean the home and manage the rental. In adddition, the County would no longer get their taxes so I don’t see how this is good for the County...and i thought the mainland was political.
You need to be at the hearing on 2/20 and get these other people there too if they want to keep working! It's especially important to get non-TVR owners to oppose this bill!
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(from robguz) "This has nothing to do with housing. It's an effort by the hotel/resort/developer industries to reduce and eventually eliminate competition."
Absolute statements are generally not true. This absolute statement is completely false.
TVRs have much exacerbated Hawaii's housing shortage. Yes a primary cause is the state's onerous building permitting system, but so is the removal of thousands of former long-term rentals into vacation rental stock.
In 2016 Airbnb posted its total Hawaii listings: 10,000
https://www.bizjournals.com/pacific/news...awaii.html
Add in all the Craigslist and VRBO ads, how high do you think the figure goes? Who do you think was living in many of these homes before? Only the homeowners?
Are we supposed to accept this idea?
VRBOs need to be regulated and heavily taxed.
Is the intent of the proposal really to "effectively end vacation rentals on Hawaii Island," as one website laments? Not that I have read. Certainly none of the other counties has moved to
ban all TVRs.
Apparently there is discussion to designate which communities can host TVRs. We'll see where that goes.
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Why shouldn't owners be able to do what they want with their houses?
What housing shortage? Not in Puna, there are plenty of empty houses and plenty of cheap ones too. Check any real estate website!
The main opponents to vacation rentals seem to be 1) the competition and 2) the jealous. There's also some very stinky political games going on, with the county wanting a bigger piece of the pie. They may well end up strangling the golden goose.
(And what's with the italics in all of your posts? Any particular purpose?)
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"What housing shortage? Not in Puna, there are plenty of empty houses and plenty of cheap ones too."
Agree. But as another poster correctly explained "windward Big Island (is)... the only place where home prices haven't gone through the roof." The TVR business has affected affordable housing in most of the state. I don't oppose it. But it needs taxation and some regulation.
"And what's with the italics in all of your posts? "
I italic mostly for emphasis. But sometimes also to make text more interesting to read. I hate reading text in dense blocks.
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Needs taxation? It’s already got plenty! If you charge $200 a night then the tax is already over $5000 a year, even if the house is only occupied 50% of the time. Property tax pales in comparison.
And really it’s not the tourists paying it, there’s a limit to how much they’ll endure before they go elsewhere. It’s coming out of the earnings of the owner, most of whom are barely turning a profit.
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If you charge $200 a night then the tax is already over $5000 a year
...of which the County (theoretically) receives about $1500, the other $3500 disappears into Oahu rail.
If County does manage to shut down vacation rentals, then State will have to raise taxes elsewhere to cover the cost of rail.
Reporting empty lots as illegal TVRs.
String-trim something that looks like a driveway first, so the County inspectors actually have to get out of the car and look.
