04-24-2024, 10:31 PM
I got a call from a friend in Lahaina the other day. The house he has been renting didn’t burn, but he is being evicted. Why? Because there is a moratorium on rent increases, and the landlord wants to cash in on the big FEMA bucks by renting to a displaced fire victim. According to my friend, the house he is in will fetch a nice, tidy $9,000/month payout from FEMA if it’s rented to a fire victim, which he is not.
The governor is blaming the vacation rentals for the housing shortage.
https://www.hawaiitribune-herald.com/202...ng-crisis/
One would think that this FEMA incentive would be enough to get the vacation rentals to open up to long term renters. But the risk remains the same, in fact it’s probably even stronger now on Maui. An undesirable tenant is very difficult to get rid of.
The landlord/tenant laws (imo) are a huge factor in the rental housing shortage across the state, not just on Maui. I have yet to see this factor addressed by any reporters or government officials, and probably won’t.
The governor is blaming the vacation rentals for the housing shortage.
https://www.hawaiitribune-herald.com/202...ng-crisis/
One would think that this FEMA incentive would be enough to get the vacation rentals to open up to long term renters. But the risk remains the same, in fact it’s probably even stronger now on Maui. An undesirable tenant is very difficult to get rid of.
The landlord/tenant laws (imo) are a huge factor in the rental housing shortage across the state, not just on Maui. I have yet to see this factor addressed by any reporters or government officials, and probably won’t.