#redevelopment of aging properties
UHERO analysis of vacation rental phase-out forecasts mixed results, widespread impacts
While Maui County’s proposed vacation rental phase-out in apartment-zoned districts could potentially unlock more than 6,000 transient vacation rental units for residential housing, the “bold attempt to rebalance Maui’s housing market” also risks widespread economic disruption, including 1,900 job layoffs and a $900 million loss in visitor spending, according to the University of Hawaiʻi Economic […]