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I've seen it with my own eyes. Every day. All I did was talk people out of it. For 2 years I sacrificed my life. People come over and say 'I want to live here in Paradise!' and give up their return ticket and end up homeless and pestering everybody and taking up the social services. Who say 'Get your family to buy you a plane ticket back.' Thats why theres no motel 6s or anything in the middle. Airbnbs just encourage that! The owner must be in the home/unit
Salt Lake City is having the same problem and me and everyone else wishes they would do the same thing here. There was just a huge screaming match in the courtyard over this. The lady comes home at 4am after working in ER to find a new car in her space every night. The owners are not here don't live here nobody knows who they are. I say Tow them
I expect property values and the economy to decline slightly. When my HOA on a non-Hawaiian island voted to ban short-term rentals it was a factor in my decision to list my property for sale. I use homesharing services and avoid tacky overpriced cookie-cutter hotels and resorts. I don't want maids, powdered eggs, Nespresso pods, art-by-the-pound, carpet, shared laundry and pools, etc. Chains like Embassy Suites are fine for a night or two but on multi-week trips I want a 1-2 bedroom suite that's comparable to my ordinary upscale residence. It should have a kitchen, an in-unit washer/dryer, a balcony or yard, remarkable views, tasteful decor, privacy, novelty, a convenient location, and self check-ins.
If property values decline, if rents become cheaper for residents due to more properties opening up because they're not illegally being rented, that's great. And I'm saying this as a homeowner and landlord. These STVU owners are gaining extra profits at the neighbors and communitys expense, not to mention likely evading taxes adding more injury to insult.
I expect property values and the economy to decline slightly. When my HOA on a non-Hawaiian island voted to ban short-term rentals it was a factor in my decision to list my property for sale. I use homesharing services and avoid tacky overpriced cookie-cutter hotels and resorts. I don't want maids, powdered eggs, Nespresso pods, art-by-the-pound, carpet, shared laundry and pools, etc. Chains like Embassy Suites are fine for a night or two but on multi-week trips I want a 1-2 bedroom suite that's comparable to my ordinary upscale residence. It should have a kitchen, an in-unit washer/dryer, a balcony or yard, remarkable views, tasteful decor, privacy, novelty, a convenient location, and self check-ins.
Certainly a possibility (and something that is a negative for me as a home owner in Honolulu). Still, I'm not sure that this will be the case as Hawaii is still a very attractive place to live for many people (to include many wealthy people) who don't care one way or the other about renting out their properties for short term rentals.
seems like working. slowly. These guys thumbing their noses at the city are fools. I'm not certain, but am pretty sure that any accumulated fines on the property act as liens, so if you attempt to sell, it'll have to be resolved first. If your fines are bad enough, im wondering if they can auction your property off the way they do for back real property taxes.
According to DPP policy, property owners who receive a notice of violation have seven days to correct the situation before DPP issues a notice of order, whereby fines begin accruing. The initial fine is $1,000 followed by subsequent daily fines of up to $10,000.
The city and vacation rental operators say they’re close to resolving many of the legal challenges to the new vacation rental law.
The Hawaii Vacation Rental Owners Association, also known as the Kokua Coalition, sued the city on Aug. 1, saying the new law could allow the city go after operators of legal vacation rentals.
Currently, vacation rentals of 30 days or more are allowed. But the suit said the new law could require guests to remain in that unit for the full 30 days.
In court Thursday, both the city and the coalition agreed that that’s not what the law intended.
“The city has acknowledged there is no requirement in the law that the guest actually occupy for 30 days," said Greg Kugle, attorney for the Kokua Coalition.
As I wrote earlier, I think the bolded text is what savvy homeowners will use to try to get around the restrictions on certain short term vacation rentals.
I expect the norm to become that people will sign 30 day leases with no intention of staying there for 30 days, and be refunded any difference when they leave; it'll be difficult and tedious for the city to prove the case otherwise. Sure, homeowners run a risk of people choosing to stay the entire 30 day period, but I highly doubt that most people on vacation intend to stay for a full month, so I don't see it being much of a problem in practice.
As I wrote earlier, I think the bolded text is what savvy homeowners will use to try to get around the restrictions on certain short term vacation rentals.
That will never work - you need to list the property for at least 30 days - then you'd need to pay for 30 days upfront - and AirBnb isn't into the refund game
Certainly a possibility (and something that is a negative for me as a home owner in Honolulu). Still, I'm not sure that this will be the case as Hawaii is still a very attractive place to live for many people (to include many wealthy people) who don't care one way or the other about renting out their properties for short term rentals.
That's why I think a decline would be slight. Affordable housing draws millionaires from the mainland seeking greener pastures and blue-er waters. It lacks the understated elegance of SoCal or the intellectual invigoration of Silicon Valley but it's nice enough to keep property values high.
By the way, I think you're right about the 30-day leases. I booked and paid for more than a month in an Airbnb on the Big Island but stayed for a mere 2 weeks. I informed the owner that I was vacating early so that he would have the opportunity to find another occupant and make extra money.
That will never work - you need to list the property for at least 30 days - then you'd need to pay for 30 days upfront - and AirBnb isn't into the refund game
Doesn't have to be through Airbnb . . . there are other short term vacation rental sites and, trust, they will adapt to make money if they aren't already set up for such a scheme. And, ultimately, whether to refund someone will be up to the property owner. There will be a go around, and the vacation rental association is already envisioning it, which is why it is seeking a settlement with the government on the grounds that it is.
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