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Popular sunny destination to slash 10,000 vacation rentals in affordable housing push

close Video Travelers go viral for revealing US destinations to visit in your lifetime Giselle and Stephen Jiroch of California have been traveling full-time for the last four years. The couple said these U. S. destinations are must-see spots.

Popular sunny destination to slash 10,000 vacation rentals in affordable housing push

Credit: Foxnews

Key Highlights

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  • Hawaii Gov.
  • Josh Greene is shaking up the way Americans are visiting the Aloha State by doubling down on the regulation of vacation rentals.
  • In his State of the State address on Monday, Greene, a Democrat, announced that 10,000 rentals would be removed from the market."We also have to return more homes to local families — including short-term rentals that have taken too many units off the market," said Greene.
  • HIGH TOURIST TAX IN HAWAII DESIGNED TO RAISE FUNDS FOR CLIMATE CHANGE CHALLENGED BY LAWSUIT "In the coming years," he added, "we will support the counties as they bring more short-term rentals back into the housing market — so that more homes go to local families, not absentee investors." In May 2024, the governor signed legislation allowing counties to regulate short-term rentals with the goal of providing more affordable housing.
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Sources

  1. Popular sunny destination to slash 10,000 vacation rentals in affordable housing push

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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