02-18-2018, 05:44 AM
"Over time, as properties change hands, this will have the effect of eliminating all TVRs outside of a few resort areas on the Kona-side."
I imagine that TVR areas could be expanded or even new ones created, if public sentiment supported that and compelled legislative action. I am not virulently anti-TVR.
I just find sentiment here on Punatalk almost 100% no TVR regulation, and I think alternative views ought to be aired. Is the following really feasible?
"Imagine the housing crisis if thousands of people reliant on this tourist industry start losing work because of the disappearance of tourism."
I don't recall Hawaii ever having a problem housing all its tourists. TVRs were virtually non-existent 25 years ago. Hotels have always handled Hawaii's visitors (there are thousands of rooms).
Hotels have high fixed costs, including large infrastructure requiring periodic refurbishment and high employee costs.
A possible outcome in the TVR trend statewide--if it continues to expand--is some hotels essentially being put out of business. This would be a rather amazing story.
Perhaps in 50 years giant buildings sitting vacant along Hawaii shorelines. Maybe we can put the homeless in the closed hotels. (The rooms are not that suitable as normal rentals; they mostly do not have kitchens and are hard to convert that way.) Should this be a concern?
I imagine that TVR areas could be expanded or even new ones created, if public sentiment supported that and compelled legislative action. I am not virulently anti-TVR.
I just find sentiment here on Punatalk almost 100% no TVR regulation, and I think alternative views ought to be aired. Is the following really feasible?
"Imagine the housing crisis if thousands of people reliant on this tourist industry start losing work because of the disappearance of tourism."
I don't recall Hawaii ever having a problem housing all its tourists. TVRs were virtually non-existent 25 years ago. Hotels have always handled Hawaii's visitors (there are thousands of rooms).
Hotels have high fixed costs, including large infrastructure requiring periodic refurbishment and high employee costs.
A possible outcome in the TVR trend statewide--if it continues to expand--is some hotels essentially being put out of business. This would be a rather amazing story.
Perhaps in 50 years giant buildings sitting vacant along Hawaii shorelines. Maybe we can put the homeless in the closed hotels. (The rooms are not that suitable as normal rentals; they mostly do not have kitchens and are hard to convert that way.) Should this be a concern?