2024-03-30 PL-CCI-2024-000003 Bill 121 Concerned Citizen Testimony

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Keep it simple... multiple unreasonable requests and imposing significant hardships on hosts. AND the loss of 10.25% accommodation tax, and 3% county taxes we currently pay. I understand the intent of this bill. I understand the bigger problem the island is facing, and that new problems require new solutions. However, Bill 121 is currently going to create many more problems than it is going to solve: 1) It is going to increase unemployment significantly as many service providers (housekeepers, landscapers, maintenance workers etc) jobs will be immediately eliminated. 2) It will not provide more LTRs nor lower prices. Most of TAR hosts, due to current Tenant rights, the amount of risks that come with LTRs are too high. If forced out of TAR business most of our units will remain vacant,and this will only produce a greater loss for everyone. The majority of the solutions presented in Bill 121, needs to be revisited and other options considered and presented. As currently presented it will not solve the problem. Instead, it will generate more problems in both the short and long term for both the local people it was intending to help and the long-term sustainability of the economy of Hawaii. Thank you for your time and for considering the considerable amount of negative ramifications this Bill will present both immediately and over the long term to those it is attempting to help. Please do not pass this Bill, at this time, as it is. So many residents and their families will lose immediately and longterm because of it. UPDATE: as of 3/29/24 1 know of nine more local families who have been here for many generation all have to leave Hawaii due to losing theirjobs as housekeepers, landscapers etc due fear reactions from TAR closing their vacation rental prematurely due to the threat of this bill. The frustration of locals is 1) your 'solution' is causing them to lose their jobs and 2) the vacation rentals are not being converted to help locals. Due to the squatter rights in Hawaii owner such as myself will avoid renting to locals at all costs and instead 1) keep vacant 2) make available only to owner's family 3) offer only to out of state people wishing to move to Hawaii. Please take the time to listen, really listen to what we have to offer to help you solve this problem for the long term. A win for you. A win for us. A win for all Hawaii residents is possible. Aloha, One of many concerned citizens of Hawaii.