HONOLULU (AP) — Alicia Humiston bought her condo in Lahaina after she visited Maui and fell for its rainforests, lava fields and the whales that gather...
HONOLULU — Alicia Humiston bought her condo in Lahaina after she visited Maui and fell for its rainforests, lava fields and the whales that gather offshore. She travels there about three times a year and rents out her unit for short periods when she's not in Hawaii .But now Maui 's mayor wants to make it impossible for Humiston and thousands of other condo owners to rent their properties to tourists.
“We understand that there’s going to be a give and take. So the question is, what is most important?” Bissen said at a news conference last month. “My priority is housing our local residents - especially now.” Hawaii economist Paul Brewbaker calculates that changing the rules for the affected units, which account for one-third of Maui’s visitor accommodations, would result in 33% fewer tourists and cost Maui 14,000 jobs. He called it a “slow-motion train-wreck” that would lead to an “economic crash and burn.”
The county has budgeted $300,000 to study the bill's impact on tax revenue and businesses like landscaping and cleaning services. If locals don't buy them, and tourists don't rent them, it's possible the units would sit mostly empty as second homes for wealthy absentee owners — an even worse outcome. Our cruise was an adventure, including two power outages, a bathroom that smelled terribly and not being able to make two ports. We still had fun.If you’re looking for real estate on Lake Huron, you’ll have to dip deep into your wallet to score an NHL star's beachside property. A 13-acre Goderich-area estate owned by Stanley Cup champion Ryan O'Rielly, now with the Nashville Predators, is on the market for $7.
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