Is There a Way Out of Hawaii’s Housing Crisis?
Dwell
JUNE 26, 2022
Myriad state and county land-use restrictions complicate projects, and since Hawaii uses a general excise tax instead of a sales tax, transactions at every stage of development add costs. Some estimates show that more than 76,000 units are unoccupied and that 30,000 to 60,000 units have been converted to short-term rentals.
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