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Council to consider regulating vacation rentals
#71
Each island should get its fair share of the generated tax

This is "supposed to" happen with GET. I'm not sure it actually does, though.

threatening to shut the industry down if they don't is going too far

I thought it didn't go far enough. It wouldn't take much of a property tax increase to replace the "missing" $19M share of TAT.
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#72
“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.”
Bill 108 has no procedure to transfer any TVR permit outside of a resort zone. No new TVR permits would be allowed under this bill. 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.
There are currently 1000 hotel rooms on the Hilo-side and almost 7000 overnight visitors per day on average. If TVRs are eliminated, these visitors and their spending money and tax dollars will disappear.
Hawaii Island has 2% unemployment right now. Imagine the housing crisis if thousands of people reliant on this tourist industry start losing work because of the disappearance of tourism.
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#73
1000 hotel rooms on the Hilo-side

Most (if not all) indirectly controlled by State's ownership of Banyan Drive...
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#74
"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?
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#75
"I don't recall Hawaii ever having a problem housing all its tourists. TVRs were virtually non-existent 25 years ago"

Do you expect tourists to turn up where there is lack of accommodation and start camping in the street?

The arrival of vacation rentals has shown that there is great tourist potential for the East side of the Big Island but that the hotels were falling short - either too few rooms, too pricey, or just not what people are looking for. Thanks to vacation rentals we now get a wider range of visitors coming here and staying longer.
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#76
Kind of like a broken record, but here we go...

Turns out there are already plenty of regulations - what we are lacking is enforcement.
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#77
So I have a TVR, have my permits and pay my taxes and employ the locals. However, there are many that do not have their permits and do not pay any taxes and there is no one to regulate them now. They should start with enforcing the laws they already have in place which would increases taxes paid to the County/ State.
Stacey
Living the life in Cali and Hawai‘i
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#78
quote:
Originally posted by MarkD

......
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?


Sometimes MarkD you do come up with some pretty strange thoughts... There have been times when insufficient accommodations were available for the tourists - in the sense you intended, back years ago there would be occasional calls for people to open their homes (in Honolulu - at a time when that was practically your only option) when the number of tourists exceeded the hotel rooms on Oanu. But in another sense, it occurs every year during he Merrie Monarch festival: if you don't have your hotel room reserved a year in advance, you are SOL. There are no small number of attendees who commute over from Kona because there is absolutely nothing available in Hilo.

Do you really think that that the TVR areas would be expanded, under any circumstances? The current zoning laws are made for large scale investors - who can spend a decade or more of litigation and extortion in hopes of getting a large parcel rezoned and it's value increased by hundreds of percent - and no small number go broke in the attempt. You are dreaming if you think a small number of TVR operators could get something done to expand the TVR areas.

And there are visitors, like myself, who would much prefer almost anything to the conventional, sterile, cookie-cutter hotel room. There are more than enough visitors who are happy with hotel rooms that the current hotels aren't in any danger of going out of business - but, of course, they would prefer to be the only game in town...

This is just another case of the unions and a small number of chronic whiners and malcontents crying to the Council and the idiot council members doing their bidding at the expense of the larger community.

And, just for the record, I don't operate a TVR, have never operated a TVR, and don't ever expect to operate one... But I'm getting thoroughly sick of our political leaders jumping at every possible opportunity to shut down economic activity on our island while bemoaning the plight of the poor and homeless.... and claiming that they need to raise our taxes because there isn't enough economic activity to pay for all the government they think we need...
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#79
"Hotels have high fixed costs, including large infrastructure requiring periodic refurbishment and high employee costs.

Yes, but they also have hundreds of rooms all close together which allows them to service and maintain those hundreds of rooms a lot more efficiently than hundreds of TVRs spread out all over the East side. Close proximity to ocean, shopping, restaurants, nightlife, etc. Seems like they should be able to compete.
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#80
"But I'm getting thoroughly sick of our political leaders jumping at every possible opportunity to shut down economic activity on our island while bemoaning the plight of the poor and homeless"

Well said, but it's not just the politicians. Many people don't see the connection between the two, including a few on this forum.
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