Economists Explore Alternatives to Banning Rentals on Maui

7/31/2024

Economists have suggested that Maui County should not get rid of thousands of short-term rentals but instead place higher taxes on them. The county has been discussing the fate of more than 6,000 rental units on what's been dubbed the “Minatoya List.” New legislation could ban those rentals and free them up for long-term housing. The economists say a total ban could have harsh economic impacts on the local tourism industry, including thousands of tourism-related jobs and revenue from various tax categories.

Hawaii Public Radio (07/30/24) Mark Ladao