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help the local people? I don't think any local person wants to see the <br /> value of their property go down. Nor does the County; because that <br /> will reduce the income from property taxes. You said your bill is not <br /> intended to put anyone out of business, but why have the bill at all if <br /> that is not your intention? What is the intension if not to put people out <br /> of business? If vacation rentals don't go out of business how will more <br /> rental housing be made available for local families?? If people aren't <br /> forced to sell and move to the mainland, how will more housing be <br /> made available for local families?? <br /> Of course the Hawaii Tourism Authority supports the bill; they are in the <br /> pocket of the big hotel chains. But on the Big Island, hotel occupancy <br /> has been 75% to 100%, so vacation rentals aren't harming the hotel <br /> industry on the Big Island. In fact, private vacation rentals bring in <br /> millions of dollars of tourist's money that benefits everyone, the home <br /> owner, businesses and their employees. Many of these tourists only <br /> come to the Big Island because they can afford the cost of private <br /> vacation rentals, but not the exorbitant hotel room costs. <br /> Bill 108 was also supposed to lower rents for local people and make <br /> more housing available to purchase. This did not materialize. Rents <br /> and home prices have actually sky rocketed. <br /> Trying to further hamstring homeowners with your ill-advised bill will <br /> actually do more harm than good. It's called "un-intended <br /> consequences". <br /> Respectfully, Harry M. Pritikin homeowner and resident of the big Island <br /> for 44 years. <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: trustharry(&aloha.net <br />