2016 Hawaii Housing Planning Study

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3 two states ranked higher than the County of a. Housing Stock Size Hawaii with respect to the percent of total units Among the 524,852 housing units in Hawaii in held off the market for seasonal use. 2014, 477,520 housing units were available to Across the State, there were major differences in the resident housing market; 450,299 were the percent of total housing units counted as occupied housing units and 27,221 were housing stock. In the Counties of Hawaii and available vacant units. Kauai, 17 percent of all units were unavailable. About 47,333 housing units (9.0%) were not part Over 13 percent of Maui County's units were of the housing stock in 2014. Of those, nearly 70 unavailable, while only 5 percent of units in the percent were vacant for seasonal, recreational, City and County of Honolulu were classified as or occasional use. A very small number (93) unavailable. were vacant and held off the market for use by migrant agricultural workers b. Trends in Housing Stock, 2000-2014 Units that are vacant for seasonal, recreational A brief overview of results taken from the 2011 or occasional use (seasonal) are the largest and 2016 housing studies will highlight the component of Hawaii's unavailable housing changes to the housing stock in recent years. units. There were 33,054 of them in 2014. That Table 2 presents the data summary. was 44.4 percent of vacant housing units and 6.3 percent of all housing units in the State. This Leading up to Table 2, we note that between was also an increase of 23 percent from the 2003 and 2007, Hawaii added 31,639 housing 2011 HHPS. We will return to this subject again units to its total. Between 2007 and 2011, in the visitor industry impact section of the report. 14,895 were added. Between 2011 and 2014, 7,468 units were added to total housing units.3 Finally, 14,185 housing units were classified Clearly, annual housing production slowed "other vacant." This is a catchall category that dramatically in the first half of the present includes units vacant for reasons other than decade those specifically defined in Census documents. In 2014, Hawaii's other vacant units made up 30 Housing stock grew at a faster rate than total percent of vacant and unavailable units and 2.7 housing units before 2011 (6,100 units per year) percent of total housing units. The American and slowed to 1,115 units per year between Housing Survey defines "other vacant" as units 2011 and 2014. The drop in the growth rates held for settlement of an estate, units held for matched a relatively sharp rise in the number of occupancy by a caretaker or janitor, and units new seasonal units that appeared during that held for personal reasons of the owner.2 The period -- from 564 units per year before 2011 to 3 definition includes housing units that are being 1,163 units per year thereafter. That caused a held off the market while a decision is made drop in the number of vacant and available regarding their status. Types of decisions include housing units (2,334 units per year before 2011 litigation, settling estates, involvement in other to -314 per year afterward). legal proceedings, units held while they are being refurbished or rebuilt, or while owners are Continuing a pattern set in the last decade, more deciding what to do with their vacant property. multi-family units were produced than single- family units. Hawaii is in the top quartile among states losing housing units to vacancies. We ranked 12th for percent of total housing units held for seasonal, recreational, and occasional use in 2014. Only 2 American Housing Survey 2013, Subject Definitions, a DBEDT Data Book 2014,Table 21.20, Housing Units by Appendix A. Definitions and Index for Table Numbers. County: 2000 to 2014. Hawai'i Housing Planning Study,2016 Page 4 ©SMS,Inc December,2016 1