Be part of solution, not part of problem
Let’s imagine that the vacation rentals are no longer allowed to be used as such. Let’s imagine that 10,000 more homes are built across the island. Now, do you think that someone who was homeless yesterday can come up with $7,000 for rent and deposit for one of those condos that are now empty and open for rent? How will people afford a $800,000 mortgage without a down payment? What happens to those homes when foreclosures happen? Homes will sit empty and not enter the rental pool, and new homes won’t sell, so who will want to build them? The homeless situation cannot be ...