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From: Adam Roberts <br /> To: WPCtestimonv <br /> Subject: Bill121 <br /> Date: Monday,April 1, 2024 12:01:07 PM <br /> Aloha, <br /> Please do not pass this bill. <br /> This is overreaching! There is no proof that this will ease the long term housing situation. In <br /> fact, it most certainly will not as only 5 % of the housing is STVR. Most STVR are not <br /> suitable for long term housing and will be taken off the market completely if they are phased <br /> out. Or out of state folks will buy them up and live in them or they will sit vacant. <br /> This is NOT a solution. It is the responsibility of government to provide affordable housing, <br /> not the homeowner. <br /> There will be proven harm to many local residents who are trying to stay afloat with rental <br /> income from STVR. Please do not punish the residents who live here. If you must phase out <br /> STVR,phase out the out of state owned rentals. That money is not kept in our state. <br /> This bill will burden owners with unnecessary licensing fees and is an unacceptable erosion of <br /> property rights and privacy. <br /> This will hurt locals and also take away jobs from locals for maintenance, cleaning, etc. <br /> It will also take away the 17.96%tax revenue that the state is receiving on these rentals. <br /> Mahalo for your consideration, <br /> Laura <br />