Travelers seeking Airbnb or VRBO accommodations in Hawaii will encounter increased regulations following the signing of a new bill aimed at addressing the state’s housing crisis. Gov. Josh Green recently signed the law, granting counties the authority to regulate short-term rentals more rigorously or even eliminate them entirely, giving precedence to addressing local housing needs.
The bill’s emphasis is on counties’ control over the time, place, manner, and duration of land use, particularly targeting transient accommodations like short-term rentals. This move comes as a response to last year’s devastating wildfires in Maui, which not only displaced thousands but also exacerbated the existing housing shortage. The aftermath of the fires has led to a surge in housing costs, with home prices soaring to three times the national average, creating significant challenges for residents.
Gov. Green highlighted the bill’s importance in addressing Hawaii’s housing crisis, particularly in Maui, where recovery efforts are ongoing. The legislation aims to support essential housing programs while maximizing housing availability and providing relief to wildfire-affected areas. Plans are already in motion to remove thousands of short-term rental units in Maui, with a focus on prioritizing housing for local residents.
Maui County Mayor Richard Bissen emphasized the importance of housing local residents amidst the regulatory changes, acknowledging the need for a balance between tourism and housing needs. This crackdown on short-term rentals mirrors similar actions taken in cities like New York City, where stringent regulations led to a significant drop in the number of Airbnb listings, aimed at increasing the availability of long-term rental units in the market.
The state’s commitment to building affordable housing units aligns with its broader strategy to address housing challenges across Hawaii. These efforts reflect a growing trend in balancing tourism-driven economies with the essential need for stable and affordable housing for local communities.
