Conduct economic impact report on short-term rentals
Implementing Mayor Richard Bissen’s proposed short-term rental legislation could quickly wreak havoc on the Maui economy for years. There will be unrecoverable economic loss for everyone. Families will lose their jobs and have no choice but to leave Maui for better and affordable opportunities. What workforce family can afford or want short-term rental home with one parking stall, huge mortgage payment for such a small home, and HOA fees of $600-$1,200? No one I know. So what will you have accomplished? You will have injected economic hardship into the government’s and ...