Published on May 09, 2024. EST READ TIME: 2 minutes
Hawaii implements Senate Bill 2919, granting counties authority to regulate short-term vacation rentals, aligning with efforts to address housing crises and wildfire risks. Counties can now tax and regulate rentals akin to hotels, with Maui County planning to eliminate 7,000 units. Similarly, New York City imposed stricter rules last year, mandating registration of listings with penalties for non-compliance. AHLA supports the move, emphasizing the need to protect residential neighborhoods and enable affordable housing for local residents. Gov. Josh Green underscores the law's role in housing availability and wildfire recovery efforts. With destinations worldwide facing housing challenges exacerbated by short-term rentals, Hawaii's approach sets a precedent for responsible regulation, balancing tourism needs with community interests. As more regions seek to curb the proliferation of short-term rentals, Hawaii's initiative signals a proactive step towards sustainable tourism management and housing solutions.