02-09-2018, 07:01 AM
From hotinhawaii: "The idea that banning/limiting vacation rentals will suddenly turn vacation rental operators into long-term landlords is fiction! "
The hope really works in the other direction: long-term tenants hoping that their landlord is not going to convert VRBO and kick them out. It is not much of an issue on Hawaii Island.
It is a huge issue on Oahu, where local media accurately reported the impacts on communities like the North Shore and Kailua, where many long-term renters have had leases terminate and remaining renters are in constant worry about their landlords jumping on the VRBO bandwagon. (Some of these tenants occupied their rentals for 10-15 years.)
Converting to VRBO--a trend. How far will it go?
The hope really works in the other direction: long-term tenants hoping that their landlord is not going to convert VRBO and kick them out. It is not much of an issue on Hawaii Island.
It is a huge issue on Oahu, where local media accurately reported the impacts on communities like the North Shore and Kailua, where many long-term renters have had leases terminate and remaining renters are in constant worry about their landlords jumping on the VRBO bandwagon. (Some of these tenants occupied their rentals for 10-15 years.)
Converting to VRBO--a trend. How far will it go?