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To add injury to insult, because home prices will go down, the amount <br /> of property tax the County collects will go down. Because there are no <br /> more vacation rentals, the amount of excise tax and TAT will go down. <br /> After the people realize what this county council has caused, they will <br /> be voted out, nowhere to be found to take the blame for all the <br /> businesses that will have to close because of the reduction in tourism <br /> when there are no more vacation rentals. More local people will be out <br /> of jobs and therefore, more local people will have to move to the <br /> mainland. The more locals who move back to the mainland, the more <br /> mainlanders who will be moving over. The un-intended consequences <br /> of this bill 121 will be a catastrophic blow to our Big Island way of life <br /> and economy. But this current council will be nowhere to be found so <br /> someone can say '"I told you so". <br /> Mahalo, Harry <br /> Harry M. Pritikin (PB) Hawaii Real Estate Professor, LLC <br /> Big Island Real Estate UPdates <br /> 74-5090 Old Palani Road, Kailua-Kona, HI 96740 <br /> Website: www.konarealestateaaent.com <br /> 24 HOUR CELL: 808-989-3491 <br /> EMAIL: trusthar[y@31oha.net <br /> ❑® <br /> When the power of love overcomes the love of power the world will truly know peace. <br /> If it's a shark you want, I may not be your guy. I fight for my clients, but I don't bend the <br /> rules. I consider myself to be a dolphin; I protect my clients from sharks. <br />