Hawaii Takes A Stand Against Short-Term Rentals
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- Опубликовано: 21 апр 2024
- Lawmakers in Hawaii are demanding short-term rental owners rent or sell their properties to Lahaina residents displaced by fires. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Your Support is Crucial to the Show: tyt.com/team
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"A single mother of two, Amy Chadwick spent years scrimping and saving to buy a house in the town of Lahaina on the Hawaiian island of Maui. But after a devastating fire leveled Lahaina in August and reduced Chadwick’s home to white dust, the cheapest rental she could find for her family and dogs cost $10,000 a month.
Chadwick, a fine-dining server, moved to Florida where she could stretch her homeowners insurance dollars. She’s worried Maui’s exorbitant rental prices, driven in part by vacation rentals that hog a limited housing supply, will hollow out her tight-knit town."
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240422__TB02Hawaii
I keep seeing new apartment complexes going up in my town due to "the housing shortage crisis". Only problem is all the new apartments are luxury apartments! There isn't a shortage of housing, there is a shortage of affordable housing
Yes! Here too! Do you live in Florida?
@@rebeccageiger9110 nope I live in the midwest, but I have family all over and it seems like that's happening everywhere. Where I live it's these massive luxury apartment eyesores that are going up and actually staying mostly empty because nobody can afford them. It's a shame
Agreed. It is a shame.
Many people who owns short term rentals units are not rich, due to cost of living in Hawaii they rent portion in the house to subsidize their income, the major hotel companies are lobbying against short term rentals because it hurts hotels profit.
I'm copy & pasting my comment:
It's on THE PEOPLE again *will bring buiz & homeowners, not as affected, down too!! Some financially survive off of short term rental income, for the tourists (who's the primary economic driver). If tourists can't stay, buiz shut down!! "Making housing affordable" sounds great, but a SMALL house/plot costs 1 million + ...Who's going to pay the landlord's mortgage?
You'd almost need to do it on a case by case basis. "Zoning" will 💯 support the big guys & hurt the small landlords.
THINK IT THROUGH PEOPLE!!!
Airbnbs should be banned nationwide. We also need national rent controls
Read one of the comments above. Individuals can’t make money off their properties but (hotel) companies can?
💯
The real estate game in general needs more regulation. It’s gotten so out of control.
Real estate laissez faire.
In B.C., Canada, they passed a law that there can be no short term rentals in any town with more than 10k in pop unless it is in your primary residence starting May 1st. A bunch of furnished apartments/houses are suddenly up for long term rent and an influx of housing on the real estate market. A similar law need to be enacted across the continent. People, and specifically locals, before profits.
Someone is finally saying it. We need everyone to realize that similar is happening everywhere in the US, greedy landlords are a big part of the reason families have trouble ever owning a home at all now.
Dont worry have the same issue in australia actually its even worse than you lot and canada
@@adrianfleming3437 hang in their, friends. bubble's gotta burst, just hope we land somewhere safe.
@@adrianfleming3437RBA tripling interest rates, supermarkets, electricity, petroleum corporations profiting like there no tomorrow. No problem, But but small time investors/ landlords struggling to keep up with their mega increased mortgages are the bad guys/ easy targets just because they worked their arses to get small investment so they can enjoy their retirement. They need to support others and make up the difference
And Government sending billions of dollars abroad we got people in USA living in tents. Amazing!!!!
Exactly. Selling American peoples dollars to their friends..
You got it, it's totally crazy.
I think you guys need to look deeper into this story. This issue was being pushed before the Lahaina fire at the behest of the hotel industry. If the government was truly interested in housing for locals they would look at ways to make it affordable. These laws ensure that a family trying to make ends meet will not be able put an additional room on airbnb.
Same thing here in the Tampa Bay area. No one is building affordable housing or normal housing. Everything is advertised as "luxury apartment living" or similiar.
Yes, local jurisdictions should be able to regulate this. This is not anti-free enterprise. Local communities should have ultimate say on such matters.
I live next to an Airbnb. It sucks.
Short term rentals should be classified just like hotels, that is what they actually are being used as. Calling them short term rentals is a way of using single family and condos as hotel rooms without meeting all the guidelines or conditions of hotels. It makes the owners money simply because they are avoiding the rules and laws that regulate hotels using properties that were not designated, designed, or zoned as hotel rooms in that manner...
Also landlords have gotten wise about the military receiving 3,000 a month to live off base, so they’ve raised most rents to match. Leaving the locals to have to move away.
So true
Air bnbs or any property rented out for more than 3 months per year, should be restricted/illegal, taxed as a hotel if rental time surpasses a time restriction.
They already pay the same rate as hotels.. 14% Transitory Accommodation Tax...
Should probably ban short term rentals completely in residential area. Since short term rentals are commercial real estate not residential
No rental should cost that much a month. Price gouging and nothing we THE PEOPLE can change it .
Sometimes the market cannot fix itself.
This should be a pinned comment
No more corporate ownership of residential homes. Keep Hawaiian money on the island!
I believe that too.
maybe its because I am Polynesian but I find it a slap in the face that my people get priced out of our home land for rich haole's. yes hawaii is a state but native poly should not be forced to leave the mother land because others are rich and move there. Iam Tongi last years idol winner talked about that alot. his family had to move to the mainland because they were priced out.
Agreed stop short term rentals
Show up to your city council meetings and demand change
This is some bullshit. Is there “affordable housing’ in Beverly Hills? If Lahaina residents need to drive from Kihei or Kahului, that’s life. It’s unamerican to tell owners of short term rentals what to do with their houses
🤔 you comparing Beverly hills to an island that you stole from the Native people???
@@duancoviero9759 Yeah okay buddy if you were not in the hands of america it would be an even more communist island and everyone living there would go into concentration camps.
@@duancoviero9759 you accuse the person of stealing without any evidence? I'm "native" as you call me but I totally disagree with you!!! Why should be government be allowed to tell me what I can and cannot do on property that I own? Should they be allowed to tell me what I can and cannot do inside my home? Where does it stop?? Should they be able to tell me that I cannot grow a certain tree, plant, vegetable? Should they be allowed to tell me I cannot catch rainwater? I you local - you better think about the power you allow the government over you!!! They will take ALL your rights if you don't protect them!!
This is very true to any holiday location. And I couldn't agree more. Hotels exist. Air B&Bs take away homes for locals.
Bad for Hawaii ! Your average short term rentals are a small independent owners trying to make extra money . Contribute to taxes.
Hotels want this for less competitions. Now they can raise there prices…
People only see the wealthy short term rental owners…and not seeing those who are trying to make a living…not a win-win situation..
Every town and city should be taxing Airbnb's the same as hotels. Watch 1/2 disappear and those that are left are actually contributing to the communities they are in.
They have been for a long long time... You have no clue about Hawaii :)
You’re funny if you think Hawaii’s Govt helps or cares about their residents. HA that’s hilarious 😅
Honestly we should probably ban short term retals. Besides the general housing problems, it is also gutting housing in urban centers.
It takes usually 7 months to build a house. There are 4 million construction companies in the US. Why has hawaii not coordinated with the insurance companies to hire 2,000 construction companies to rebuild all the homes that were destroyed eight months ago? A month to coordinate and ship each companies equipment and materials, seven months to build the homes back.
We wouldn't be having this conversation today if they had just rebuilt the homes in a timely manner. They could have had the army come in and set up temporary housing while the homes were beeing built.
But good ol' 'merican greed has gotten in the way of that with the insurance companies fighting the homeowners every step of the way. Get rid of the insurance companies and move to democratic socialist government structure!!
This issue appears to be a problem the world over in popular tourist destinations (see protests in Spain, especially the Canary Islands for an example of the locals having had enough)
Hawaii Should
Ask Israel for
Some of that Aid Money
Weve Been Sending for years ...
They Got More than enuff
Just say no to trickle down housing
I am a long time resident of the Big Island. Housing here as on all the islands has gotten way too expensive. Our infrastructure here cannot support all the people moving and visiting. We need to resolve these issues. Too many people have to pay crazy rental prices and cannot afford many of the basics of life
People have left Hawaii for generations, due to high taxes and a lack of Prop. 13 tax protections!
LMAO it's not just short term rentals folks. The state did this...Hotels will be in those zones and construct huge hotels. Love you guys telling it like it is... Mahalo
I heard that FEMA is adding to market distortions. How much is FEMA offering for a two-bedroom apartment? $10,000 per month?
Thank you for this video, this is happening across the America and people dont get greed is not beneficial for anyone, it's lose lose.
You notice that in the game of Monopoly you only win when everybody else loses? What comes after that? Everyone is bankrupt, so, ergo there goes your revenue. Research 'The Landlord's Game' for the true story of the famous tabletop.
We need housing, but it does no good if the starting price is 500k.
A 2023 independent study found a ban on STR would cause 15000 jobs to be lost on Maui.
If they ban STR in Kihei, Napili, etc. it’s going to become a lot more exclusive like Wailea. The STR’s are in beach front zones it’s a pipe dream if locals think it’ll become “affordable” housing 😂
The topic against short term vacation rental was before the Lahaina Fire.
Exactly. Now that they lost everything, where do they go? 😊
True
The STR craze was a mistake. Should've been regulated from the get-go.
There’s no community support or neighborhood bonding when you have mostly short term staying in the housing there. People who come and stay short term also have little respect for the environment when they stay. They throw trash, treat locals poorly, are noisy at all hours, increase crime and traffic. They don’t care because “they’re on vacation “. It makes it hard for locals to go about their daily lives. I lived in a tourist area for several years it was a pain. All night long people coming home making lots of noise, trash all over my lawn in the morning, my car had been banged into numerous times, broken into, mobbed laundry mats, grocery stores, long lines at stores until the season was over. Not fun.
Letting corporations, investment firms, and foreign investors buy up properties without any restrictions has predictably led to massive problems, and the US government couldn't be bothered to care because profits.
I just got off the phone with a realtor friend in Maui. She said 40% of the maui county budget comes from STR, 200 million a year. Hotels pay a reduced taxes rate so when this ban on STR happens the economy and Tax base will collapse. I give the ban 2 years after it goes into effect then it will be reversed. Maybe they will help developers build affordable housing instead of making it almost impossible.
These short term rentals are a problem. They take houses off the market and turn them into tiny hotels contributing to housing shortages. I’m not sure what the answer is. Hopefully this works out.
You think you’re entitled to property that you haven’t even paid for and have no claim of ownership.
So they are asking people to do the right thing for the greater good of the community at the expense of their own profits. Well that just isn't the American way anymore unfortunately. I hope I'm wrong.
You’re right
Let the ACTUAL Hawaiians who lost move in. My condolences. 😢 I'm sorry you're suffering still. Sending love, light and peace to you and yours.
Define "actual" Hawaiian.
@@GothamsFinestis Staten island the ancestral home of Italians??? Something tells me the answer is no, what a stupid comparison to make dude lol
Meanwhile, a friend of mine has offered up his one bedroom unit to the state to use for fire refugees and has yet to fill the unit. The back log is also an issue.
Aloha and Mahalo to all of you wonderful folks at TYT for covering this topic! 🤙✌️🤘🖖
It's like San Antonio. Is there still affordable housing? Yes, but it's not what it once was. And now, there's continuous luxury apartments being built. And we have frwaking kids still living with their parents after high school because despite jobs, they can't freaking afford to live on their own!
The last cattle ranch on Oahu has to close down because a big mainland company bought the land. Aother hit to local food production.
Then don't sell the land.
Decendents of the Hawaiian Ancestors shouldn't even have to pay to live on they're islands and should be the first to be housed. 🤬
Native American reservations already make what you just said a reality, unless the native Hawaiian in question chooses to not live on a reservation.
@@davidmeadows5627lol. They dont have them in Hawaii. Maybe you should learn something before commenting
@@TheLandon8806 Calm yourself. Maybe you should take a deep breath before you use your mouth.
@@davidmeadows5627they were using their fingers... But yes you are correct they need to wise up
Sounds like racism and xenophobia. 🤦🏿♂️
As an Kanaka Māoli, our State has been captured by the democratic forces and entities…. Our people are suffering`, homeless, drugs being poured in by the government for years now for money and to keep us in poverty all to say they have the solutions… he’wa . The Lord “AKUA” sees all. 😅 I will give thanks to God for allowing America to do such an injustice….. because simply on a lighter note~it could of been worst 😅 We Hawaiians have to understand that Japan Russia, China etc we’re all eyeing on us t0 take us over… so IT COULD OF BEEN WORST ❤. Hau’ula Smiles from the North Shore of Oahu 😊
duuude - 100% about Jackson Hole - I lived there, but now in SE Wyoming because it is a disgusting money pit. the newbie trustfunders tech bros want their lattes, but the folks who make them are totally priced out. It's sadly so shallow and gross. trophy homes sit empty 90% of the year. Like the cheney's golf course townhouse. Have been trying to move to a bigger city for work, but rental prices everywhere, esp on single income, is insane
As a person living and that grew up in hawaii. This bill was and many more bills that came with this was desperately needed
Renting helps no economy, this is why renting by foreigners and land ownership by foreigners is outlawed in many countries. Not the U.S. though. The only entities that can reliably compete in the housing rental market, especially places like Hawaii, are financial entities and those entities are either foreign governments, international funds, and seldomly contributing to actual GDP Americans who have no chance to compete. Land value is artificially raised to match the job market and after war breaks out the house is actual worth what it's worth, and all the time before the war these financial people who don't work are not supporting food systems, vehicles, home improvement, land development that tangible GDP producing citizens would interest themselves in particularly driven by necessity and convenience. Then those things are gone after a disaster because financial rental people have destroyed the country.
In the area of my condo in Maui two developers have bought land to build houses or condos for local people not for STR and they couldn't get planing permission from the government because it would damage the look of Maui even though it was land next to the main road. Let people build and put new restrictions on STR on the new building for a break on the permit cost.
The best part of this was the Vrbo advertisement that played right before this video
Good for them.
Some Colorado ski resort towns have stopped allowing short term rentals.
Back to Hawaii. The natives lost their homes to colonists and later had a hard time affording to live in their own home state.
Relax. It's just cultural enrichment. It's a global world. Don't be a xenophobic bigot. You sound like a MAGAt.
They will never be able to increase the inventory enough for housing to be affordable for people living and working in this state.
They can put a man on the moon. They can build affordable housing in Hawaii.
@@sonjahattonfarr3487 Not with only 5% of the land zoned for Residential... Land is 50% of the cost of housing... The only way they'll be able to build housing is if the state creates it's own company and builds them.. but they won't do that...
It's not up to the government to tell you who can stay at your house and for how long.
Ban corporation-owned residential homes
I don't think it's 100% the fault of short-term rentals, but of absentee ownership, especially of large blocks of homes.
Smart idea no vacation rentals. There are hotels for tourists. Community comes first.
The county of Kauai tried to put draconian restrictions on vacation rentals and were sued. It was a form of eminent domain without compensation and the county had to seriously curtail what they were trying to accomplish. Like it or not Hawaii is desirable for many people and as expensive as it is it’s not as expensive as other desirable areas. During the pandemic we had a lot of remote workers come in and we saw already high home prices dramatically increase. Many Hawaii people came to Hawaii to work on the plantations and were born and raised in plantation camps. When plantation workers started making enough money the plantations began to subdivide land and selling it to their workers for reduced prices to get them out of the camps. Many of the plantation workers children became educated and left the state we call it the brain drain. This has gone on for a few generations. The kids who stayed generally worked in a few fields either the hotel’s, government, agriculture or businesses who serviced these industries. There’s very little opportunity. I know quite a few Hawaii kids who left the state and made enough money where they were able to buy a home here with the intention of retiring here someday. Meanwhile many of their classmates who stayed are struggling.
Many of Hawaii’s problems are self inflicted in large part by the plantation mentality that is still pervasive throughout our government. Most of the newcomers are well educated quite a few of whom are sophisticated they see the problems. Many are accomplished people who know how to get things done. I suspect that as they grow in numbers and start getting involved politically they will compel the government to clean up its act. Hawaii used to be well run many of the people who ran it from statehood were Japanese who served during WWII and who knew how to give and follow orders. When they started retiring the government started floundering and we’ve had a few generations of nepotism that is causing nothing but problems.
I saw this same thing happening in S.F. In the two thousands
This will not solve the local rental problems . Maui is just a expensive place to live. It’s a small island and populated.
Big demand means bigger cost to live there..
Good for them.
What was life like before ab&b ? Better!
My family had to move from Kaneohe to Vegas. Big price difference
Decency and humane is not the American way.
Cenk, the truth is that the people in Hawaii are forcing the local govt to put their needs first. The governor was all about transforming Lahaina into a 15 minute city. The people resisted for months on end. Credit the people it the governor or the local government. I live here in Hawaii.
Wow government taking action for the benefit of citizens!!!! What a concept
Wow a government destroying the right of a property owner to use their hard earned investment as they see fit. What a tyrant.
Rent? Ive heard FEMA is giving $12000 to people who rent their house out. Help the people with that money to rebuild.
Ty about time
Well…are you sure the local government isn’t sponsored by all the big hotels.
Short term rentals needed to be heavily regulated across the country but more importantly we need Wall Street out of the housing market
Residents first. Keep an eye on your elected officials. Is the military waste clean-up yet?
I have several friends who run short-term rentals. They have worked hard to build their business they employ housekeepers and maintenance personnel pay a much higher tax rate than regular homeowners. They rely on the income for their retirement. And now somehow should just give it all away. And the people they employ will need to find other work.
Hawaiian land should not be used for “business “ that’s called greed
Stop ruining neighborhoods!!!! Don't care about your retirement!
STR violate zoning ordinances and ruin residential neighborhoods.
@@bn3807 A Hedge Fund owns the Grande Wailea....
@@ecebear3 Yeah but the list includes condos built specifically for STR's in the HOTEL ZONE...We are talking 2 - 2.5m dollar properties... That would rent for like 15k a month just for the loan... You think anyone is gonna rent that? That's not STR rate... that's like buying a home and renting it rate...
It's not just "rebuild these homes and make people whole", but in rebuilding look at the realities of the present and future, and TRY TO PREVENT the same disaster ever AGAIN. The failure of policy when oligarchs are at the helm is insidious and pervasive in government. Good for Hawaiians.
This is totally disgusting telling people they can’t supplement their income with their own property. This is sequestration of property under the guise of “helping”. Watch rents spiral! Watch hotel rooms zoom up.
It is Global investment who owns most of the units not mom and pop making income.You didn't watch the part where they said "owned by people on the mainland" They are taking big investors.
Remember too it is an Island and you can't build your way out of it.
@@williamryan9195 It's mainly AirBnb hosts. Also this law that they are trying to pass will not help this situation 1 bit. Mark my words these people can't afford 2 million dollar condos. This is going to do nothing besides hurt more people.
@@NolanW.1 AIRBNB is industrial now. A few mom and pop do it but it's mostly investor size operations. I can just imagine how bad it has gotten on Maui. It is ridiculous in my area. It's franchise now. One person or group managing multiple units.
Makes sense to me.
I'm glad at least *one* state government cares about their citizens.
Thanks!
"Our short term rental business provides employment...our tvr helps supplement our income due to the high cost of living here... the tax revenue generated from rental income supports the local government...the major hotels are trying to take out "local" businesses...."
TVR owners over here trying to play the martyr. Where are the majority of these short term rental property owners from? (and NO, becoming a resident here does not equate to being FROM here.) MANY of these tvr owners didn't find themselves here in Hawaii, and in this business out of necessity.
If you're going to take ownership of the contributions your business has made to the islands, make sure to include the Housing Crisis and Gentrification.
Attempting to portray yourself as struggling under the same economic conditions that your business exacerbates is in poor taste.
Guarantee the "zoning" will hurt the small landlord & protect the big guys. Be careful what you wish for. Consolidation of power is what that's called!!
@@carter_1 I hear you when you say be careful what you wish for, especially here in Hawai'i. Legislation has had the tendency to favor the larger players in one way or another..the status quo.
With that in mind coupled with the piss poor response the County, fake state and federal government have had to the wildfires, the veil is starting to lift and people are becoming increasingly critical and more proactive.
And how might these small landlords be negatively affected by the potential zoning ordinances?...or rather which ones? those offering long term?...or SHORT TERM?
The counties and state goverment are under so much scrutiny, from the wildfires to the sh*t show that is Honolulu county. Unless they enjoy the blinding spotlight of infamy, I'd cautiously like to think that at least for the time being, they'll play nice...i'm skeptically optimistic.
Claim imminent domain period
I fully credit Like a Dragon: Infinite Wealth for bringing worldwide scrutiny to the issue of insane rent prices in Hawaii.
But still letting Blackrock or "investors" buy up as much land/property as they want?
thats right. u got ppl owning multiple properties its either long term rentals or sell to actual ppl who want to own. non of this short term airbnb shit. especially if the person who owns it is a mainlander. for me i dont like how someone can own land or property that doesnt live there most of the time.
what a load of BS..
It’s nothing but lip service by Green. Why did he not address the ones who are monopolizing land….like Oprah, Zuckerberg, Musk, Gates, etc.
They only zone 5% of Hawaii land for residential...
Theres no way i would ever go to hawaii
Yes and for every ten units of vacation homes you need one unit of the people who clean and maintain them
Might be a time to use them squatters rights. Especially in those mansion houses
We call it priced out of paradise
The same thing happened in Venice Italy, where the prices of housing have skyrocketed and people who work in hotels. and restaurants got priced out. Also Newport RI since Leno bought the house. It has become a town of haves and nots and no one is even acknowledging it.
I have 2 sisters who live in Hawaii on legacy land. They are OK, but their friends are suffering.
While Puerto Rico is not a state, Puerto Ricans are getting squeezed out of Puerto Rico.
Very good!
Kudos for taking the time to pronounce all the town names correctly
This assessment still centers tourism. Hawai’ian people have been desperately trying to move towards an economy that doesn’t rely on the volatility of the tourist dollar and instead builds predictable solid income and security for native Hawaii’an people who are being priced out of their ancestral land. This is a colonial military occupation and need to be treated as such by all of us who chant LAND BACK for every other indigenous group. TYT needs a more focused eye on the problems in Hawai’i. Talk to native leaders. This needs WAY more attention.
What would this economy consist of?
It is hard to think of an island economy with little tourism that would sustain our modern conveniences. It was possible before cars and electricity and modern houses. It was fishing and farming and hale pili (grass huts). No hospitals, no dentists. I mean, it is doable. Maui had a huge population of Hawaiians, pre-contact. We are struggling to find a balance in this over-populated, globally traveling world. Democratic administrations have always focused on the people as much as they possibly can, given the stiff headwinds of moneyed interests and incompetent people in protected government positions. I am not surprised they are stepping up now.
there are so many farms that could be run restoratively and sustainably to provide good local jobs. right now, so much of what is grown/raised on the aina are monocultures shipped out instead of a wide variety grown and sold locally as well as abroad. the food sold here is primarily from other places, or it’s grown here, shipped to California to get a sticker put on it and shipped back.
local people pay for that freight cost at every grocery run.
we have the ability to lower grocery costs, create jobs and bolster the economy.
right now, tourism has too much of a grip on the primary functions of the local economy. i’m not saying, get rid of tourism entirely, what I am advocating for is a different version of it. That is respectful responsible, and if you break the rules and get a citation that money goes towards the Hawaiian people for a housing fund. That way they can start, reclaiming homes on their indigenous land
I'm a Lahaina survivor. Big Mahalo for this story. Love you guys!
Hawaii has been long overrun by transplants, so much so that Hawaiian families can’t afford to live in their own home land , so they are forced to move off island, I live on big island and the amount of transplants moving here is absolutely ridiculous in the past four years , Hawaii now only has 21% of Hawaiian people living here. The rest are transplants.