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HomeMy WebLinkAboutCOM 0739.295 2016-2018 1 r P Ivo ffi •r ,� A ort 03:214.41\All\,111)°1)al, CENTER FOR LAW & ECONOMIC JUST E w nom. w . . Board of Directors Testimony of Hawaii Appleseed Center for Law& Economic Justice David J. Reber,Esq.,President Commenting on Bill 108 (2018) in Hawaii County Nathan Nelson,Esq.,Vice President County Council Planning Committee Patrick Byrne,Treasurer Tuesday,July 24th,2018 at 3:00 P.M. Naomi C.Fujimoto,Esq.,Secretary Michael R.Cruise,Esq. David Derauf M.D. Hawaii County Council should add restrictions to its permitting process and Joyce Lee Ibarra strengthen its enforcement strategy before passing Bill 108. Neal Milner i Blake Oshiro,Esq. The Hawaii Appleseed Center for Law & Economic Justice is working to build a Garret Sugai Hawai`i where everyone has genuine opportunities to achieve economic security and fulfill their potential. We change systems that perpetuate inequality through research, policy development, education, coalition building, and advocacy. Co-Executive Directors Victorrne ni,Esq. Thank you.for the opportunity to testify regarding Bill 108. Thornton,Thornton,Esq. Hawai`i Appleseed appreciates Bill 108 as an important first step in establishing a regulatory framework for short-term vacation rentals (STRs). At the same time,Appleseed recognizes that balancing the economic interest in allowing vacation rental growth with the affordable housing interest is an extremely complicated matter.The complexity of SYR regulation is evidenced by the myriad of STR ordinances throughout the nation. Some cities are in the preliminary stages of understanding successful STR regulation and have passed very basic ordinances, and some, such as San Francisco and New York, have a wealth of knowledge and experience at the foundation of their most recent ordinances. Before Hawai`i County Council passes Bill 108,it should consider the legal challenges and successes faced by other cities with the most experience.These cities have already endured the trial and error process for us and have models of success that Hawai`i County could replicate. Their experience also indicates that irreversible damage could be done to Hawai`i's long-term housing stock if some of the mistakes they made are repeated here.Appleseed thus urges council to consider certain amendments outlined in this testimony before passing Bill 108. The Affordable Housing Problem With the second highest per capita homelessness population of all 50 states and the District of Columbia, and with the highest housing and rental costs in the nation,it is imperative that Hawai`i County only passes an ordinance that will function to improve, not worsen, the affordable housing crisis in 119 Merchant St,Suite 605A our state. Honolulu,HI,96813 (808)587-7605 hiappleseed.org 1w,I•^^rA Ref. To: PIPG Ref. Da$e JUL Z 4 ZU18 Hawaii Appleseed Center for Law and Economic Justice July 24,2018 Page 2 of 7 Currently the housing supply in Hawai`i is not keeping up with demand. Hawai`i gained 8,458 housing units from 2011-2014,but this pace is insufficient to create the 24,551 units it needs between 2016 and 2020.1 Hawai`i Island in particular will feel the demand squeeze in the next decade as its population continues to rise.2 In 2016, 17% of the units in Hawai`i County were"unavailable," three times the number of unavailable units in Honolulu. What's more is that we can expect low-income populations to be hit the hardest as approximately 74% of the total housing units required by 2025 in Hawai`i will be needed for households making less than$75,000 per year.' The prevalence of STRs is exacerbating this problem by taking units out of the long-term rental market for those that need it the most, and perhaps permanently. In Hawai`i County in 2014 there were 4,986 individually advertised short-term vacation rentals, demonstrating that 1 out of 16 housing units'may have been stripped from the residential market for transient vacation rental (TVR,i.e. both STR and B&B) use. Moreover, a large number of TVRs are owned by non-residents who have less of a stake in the progress of local communities. It is estimated that 42.9% of homebuyers in Hawai`i County are non-residents. Local researchers suggest that it is the expansion of such investor ownership that is especially reducing the housing stock and driving up rent.'Additionally, this problem is worsened when rentals are for entire homes. On Hawai`i Island approximately 49% of TVRs are for entire homes or condos,and 93% of TVR listings are for entire homes throughout the state.'The unregulated proliferation of TVRs and STRs especially are thus making it even more difficult to curtail the existing housing crisis in Hawai`i County and the state. Economic Costs Although Hawai`i derives some benefits from STRs through increased tourism spending and tax collection, the benefits are far outweighed by the costs. San Francisco,which like Hawai`i County.has struggled with high housing costs and a proliferation of STRs, found that every housing unit withdrawn from the market to be used as an STR produces a net negative economic impact, even if the unit generates host income,visitor spending, and hotel taxes. San Francisco estimates that their local economy loses up to $300,000 per STR per year. The impact of STRs in Hawai`i County is likely to be similar. In particular, STRs could cause significant job loss and a decrease in wages for the local population. As platforms like Airbnb detract visitors from hotels, hotel workers could lose their jobs entirely. If Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai`i Housing Finance and Development Corporation,Dec.2016 (p.5,34).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_111416-FINAL-122216.pdf 2 Nancy Lauer,Big Island population rises:Census estimates show Hawaii County making biggest gains,Hawaii Tribune- Herald,March 23,2017. 3 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai`i Housing Finance and Development Corporation,Dec.2016 (p.35).Available at http s://dbedt.hawaii.gov/hhfdc/files/2017/03/State_HHP S2016_Report_031317_final.pdf 4 SMS,Hawaii Housing Planning Study 2016 63 (2016),available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_111416-FINAL-122216.pdf 5 2017 Visitor Plant Invento y,Hawaii Tourism Authority,2017 (p.60).Available at http://www.hawaiitourismauthority.org/default/as s eis/File/rep oris/accommodations/2017%20 V ISITOR%20PLANT% 20IN V ENTO RY%20REP O RT%20-%2001-17-2018.p d f Hawaii Appleseed Center for Law and Economic Justice July 24,2018 Page 3 of 7 these workers are able to find jobs with a platform, their wages could still decrease substantially. A Los Angeles report estimated that the Airbnb workforce (consisting of domestic cleaning services) makes $4.08 an hour, resulting in $1.1 million less in wages than hotel workers per week, or$54 million less per year.'It is also important to consider that decreasing the workforce at hotels could threaten them with collapse.Appleseed urges council members to carefully consider these economic and social costs when deciding whether to pass the current draft of Bill 108. Bill 108 Appleseed appreciates the improvements in Bill 108 as amended. It sets forth the groundwork for an enforcement strategy by requiring that a notification letter be sent to all neighbors within 300 feet of an STR, and by beginning to outline how complaints will be taken in 25.4(d). Further,we again recognize the importance of the provision that stipulates that a unit's STR advertisement is prima facie evidence it is being operated as such,and welcome the amendments that scale registration fees and the non-conformance unit annual renewal fees. Most importantly,we appreciate that fines have been added, that they are scaled depending on how many violations an owner has committed, and that they are funneled into an enforcement fund. However,while Appleseed recognizes the current draft of Bill 108 as an improvement, further change based on the below recommendations is needed if it is going to have a genuine impact. The Permitting Process First, the grandfathering clauses in Bill 108 are problematic as they (1) are based on false assumptions that grandfathering is legally mandated and (2) provide too much leeway to units that will already be out of step with the code. The county is not legally required to include a grandfathering clause in Bill 108 since STRs were never legal on the Big Island prior to this bill. Per H.R.S. § 46-4,Hawaii state law only requires grandfathering units that were previously legal under the code in existence prior to enactment of a new bill.' Subsequently, the law to apply would be the Hawaii County Code as it currently stands. The Hawaii County Code states: "any use not listed among the permitted uses in a zoning district is a prohibited use within that district.i8 Thus,because STRs are currently not listed as a permitted use in either residential or even hotel-resort districts, they are legally prohibited and therefore would not be entitled to grandfathering privileges under H.R.S. 4 46-4. Cities across the country,including Portland,Boston,Los Angeles, Santa Monica, San Francisco, and New York, among others, are not including grandfathering provisions in their short-term rental ordinances because of the simple fact that short-term rentals were never legal under their existing codes to begin with. The Big Island is in a similar position legally and should do the same. 6 AirBnB,Rising Rent,and the Housing Crisis in Los Angeles,Los Angeles Alliance for a New Economy,March 2015 (pg. 15).Available at https://www.laane.org/wp-content/uploads/2015/03/AirBnB-Final.pdf 7 Haw.Rev.Stat.Ann. §46-4(LexisNexis 2018) 8 Hawaii County Code§25-5-1 (2018) 9 Hawaii County Code§25-5-3,25-5-92. Hawaii Appleseed Center for Law and Economic Justice July 24,2018 Page 4 of 7 If the county is going to nonetheless include a grandfathering clause, there should at the very least be sensible restrictions on NCUs that aim to drive eventual compliance across the board. In an interview with the San Francisco enforcement team, analysts emphasized the importance of enacting unambiguous, detailed NCU regulation. Lack of clarity over grandfathering can result in a flood of administrative disputes that will unnecessarily consume valuable department resources. In addition,if the county does not carefully consider the restrictions it places on NCUs today, owners of NCUs,in developing reliance on the new code,will be able to establish a strong zoning estoppel argument that will make it very difficult for the county to regulate those units in the future. The damage that could be done by allowing grandfathering when it is not required could cause irreparable harm to local residents and victims of the volcano. It is thus imperative that the county either eliminates or restricts its grandfathering provisions. Second, the permitting process itself could include regulations that would function to better safeguard the character of Hawai`i Island and its housing market, and place STR benefit in the hands of locals as opposed to investors and non-residents.As it stands,Bill 108 does not distinguish between commercial STRs held by owners with multiple units and other STRs. While it scales registration fees based on the number of bedrooms rented,it does not scale the registration fee based on how many units an owner rents out. Additionally,Bill 108 still does not cap the number of STRs an owner may operate. Tightening regulation on commercial users and limiting these numbers during the permitting stage at the very least is critical to maintaining the long-term housing stock on Hawai`i Island. Most cities now regulating short-term rentals across the nation cap the number of units an operator may rent out to 1 or a maximum of 2. Third, council should reconsider the provision that allows registration to automatically rollover to a new owner regardless of whether that owner already operates several STRs.An STR permit should not be an absolute privilege upon purchase of property but the product of the county's discretion after it evaluates whether the owner maintains multiple units and/or a strong history of compliance. Accordingly,with respect to the permitting process,Appleseed encourages Hawai`i County Council to adopt the following changes to the current draft of Bill 108: ❖ A Sunset Provision for NCUs: Since Hawaii state law would not require that the county allow for NCUs, at the very least the county should adopt a sunset provision that phases out NCUs in order to ensure total conformity with the zoning code as soon as possible. H.R.S. 4 46-4 stipulates that a "zoning ordinance may provide for elimination of non- conformance units...or amortization or phasing out of nonconforming uses" over a reasonable period of time.10 State law would thus permit a sunset provision. Such a provision would give non-conforming units a grace period by which they can adjust to changing circumstances while also progressing the county toward total compliance. For example, Oahu's STR bill does not apply the blanket TVU prohibition in residential areas to non-conforming units immediately but requires compliance by August of 2022 and Maui's bill includes a similar compromise. The same type of sunset provision should be included in Bill 108 as it provides an arrangement that gives NCU owners time to make adjustments while also prioritizing adherence to the county's own laws. • 10 Haw.Rev.Stat.Ann. §46-4(LexisNexis 2018) Hawaii Appleseed Center for Law and Economic Justice July 24,2018 • Page 5of7 ••• Limitations on the Numbers: • Limitations on the number of STR units a single owner may have and limitations on how many STRs are allowed in areas with the highest demand for affordable housing. Limitations on the number of non-conformance units an individual may have,as well as limitations on expanding the non-conformance unit beyond its original size. El Limitations on the number of days a unit may be rented out un-hosted. ❖ Amending Section 24.4_ (e) and 25-4_.1(g): Restoring STRs that have been destroyed y by a natural disaster should not be required. Instead, the decision to restore a unit should be a discretionary act made by the department and should depend on a multitude of factors. Additionally, restoring NCUs should not be included at all as that would derail the county from eventual code compliance and since grandfathering is not required in the first place. ❖ Scaling the Registration Fees Based on# of Units Owned: Scaling registration fees for new and existing STRS based on how many units the owner maintains. Charge$250 for the first unit, $500 for the second, and $1,000 for the third. ❖ Limiting to Primary Residence: Requiring that an STR operation be the primary residence of a Big Island resident. San Francisco, Santa Monica,New York,Portland, Seattle,Boston, and Los Angeles all have such a requirement because they have found it constitutes a critical piece to replenishing the affordable housing stock in a meaningful way. ❖ Preventing Immediate Conversion: Requiring that an owner live in Hawai`i County for 5 years before being able to use their unit to an STR. ❖ Host Transparency: Requiring that all unit and host information is disclosed in the registration packet for both regular registrations and non-conforming use certificates (NCUCs) ❖ Restricting STRs to natural persons Enforcement Strategy Appleseed appreciates the proposed enforcement amendments to Bill 108 but urges Hawai`i County Council to consider strengthening them. Successful regulators across the country, such as enforcement agencies in San Francisco and Portland, have found that a permitting process alone, largely ignored by hosts and platforms,is insufficient11. Evidence of this phenomenon is apparent in counties around Hawaii as well. For example,in Honolulu,while only 775 TVUs and B&Bs were permitted in two zoning areas,up to 4,400 "individually advertised units"were found on booking sites across two-dozen communities." Similarly,although Maui has only issued 223 TVR permits, the number of active TVRs on the island is estimated at 9,000. The inability to enforce has also hurt law- abiding residents. In Maui a DPP memo noted that STR owners who had gone through the registration process saw a decrease in occupancy as they were unable to compete against illegal rentals 11 Simone McCarthy,San Francisco to Airbnb:Enforce the rules or pay the price,The Christian Science Monitor(lune 15,2018,9:00 AM), https://www.csmonitor.com/Business/2016/0608/San-Francisco-to-Airbnb-Enforce-the-rules-or-pay-the-price;Steve Law,city tries new softer approach to regulate short-term rental companies,Portland Tribune(June 15,2018,9:00 AM, https://portlandtribune.com/pt/9-news/387932-278421- city-tries-new-so fter-approach-to-regulate-short-term-rental-companies- 12 ROH§21-4.110-1.For a list of permitted rentals,see http://honoluluclpp.org/Portals/0/pdfs/HotIssues/NUCreport.pdf. Hawaii Appleseed Center for Law and Economic Justice July 24,2018 Page 6of7 with lower rates.'A lack of enforcement thus not only fails to catch those already cheating,but also could potentially deter otherwise law-abiding citizens from obtaining a permit and following other provisions of this bill. The best response to these issues would be to apply the gold standard enforcement strategy used in cities such as Santa Monica, San Francisco and Barcelona. These cities have witnessed large success with small enforcement teams (e.g. a team of 5 in San Francisco) by maintaining (1) high fines and (2) platform accountability and transparency. Fellow regulators in Oahu and Maui are beginning to follow the model of success in other cities. The counties,realizing that a lack of effective enforcement has rendered their bills ineffective, are now proposing larger fines of$20,000 for a first violation. Appleseed appreciates that Bill 108 has begun to lay the groundwork for an enforcement strategy, but thinks it imperative to strengthen it with additional amendments before Bill 108 comes into effect. Consequently Appleseed recommends the following changes: ❖ Enhance the Community Involvement Section: • Appleseed appreciates the amendment that requires a notification letter be sent to all neighbors within 300 feet of a newly registered STR. However,the notification letter should not be sent at the registration stage but after a unit has been approved by the DPP, so that neighbors can know with certainty which units in their neighborhood are properly registered. • The community involvement section could also be strengthened by requiring that operators post NCUCs or registration numbers on a conspicuous place visible from a public street on which the STR is located, or by establishing a map on of all legal STRs in the county on the DPP website. ❖ Strengthening the Complaint Process: 25.4 (d)begins to outline how complaints will be taken, but can be strengthened with more detail. It should include deadlines for responding to complaints and sending notifications of violations, and deadlines for setting hearing dates. ❖ Adding Bodies to the Enforcement Team: Bill 108 should include a provision that will expand the enforcement team, adding 1-2 people. These people should(1)help the director take complaints, (2) monitor the platforms for advertised units in illegal areas or without registration #s, and (3) monitor the streets for evidence of illegal use (e.g. multiple out-of- state cars). ❖ Increasing Fines:The proposed amendments in Bill 108 that scale fines based on previous violations are a good start. However, for most STR owners on the Big Island, $1000 is just the cost of business and is thus hardly an incentive to comply with the law. Although a fine based on the "offered rental rate" might be greater than $1000, it would only eliminate profit from a night's rental. Even more, the bill doesn't require the fine be that amount. To truly disincentive illegal activity, the bill should be amended to require that the director fine 13 Memo Report,County of Maui Department of Planning,August 18,2016.Available at https://www.mauicounty.gov/DocumentCenter/View/105774/091316-Agenda-Item-D 1-Resolution-16-93- Enforcement-Procedures-for-STRHBB Hawai`i Appleseed Center for Law and Economic Justice July 24,2018 Page 7 of 7 a minimum of$20,000. 'In Oahu's proposed bill the minimum fine is $20,000. In Maui's proposed charter amendment the minimum fine also is $20,000. ❖ Increase Transparency in Advertisements: In addition to a permit number,all advertising material should include the property owner's address and zoning classification. • ❖ Involve the Platforms: Hawai`i County must demand accountability and data transparency from Internet platforms by (1) creating a platform liability provision that fines platforms for advertising or facilitating the use of an unregistered STR,and (2) including a provision that requires platforms to disclose host information upon lawful request or subpoena. Maui is considering a bill that would impose platform liability,and provisions imposing platform liability have already been upheld as legally permissible in California. Interviews with several cities suggest platform liability is the most effective method of enforcement. Bill 108 should include a similar provision. Conclusion Appleseed appreciates that the current draft of Bill 108 has created a regulatory framework that seeks to balance permitting STR growth with protecting the long-term housing stock and local residents. Appleseed believes that the bill as it stands, however, neither fulfills its latter purpose nor reflects best practice witnessed throughout the nation.A leseed believes the county g pp should add the recommended changes before passing Bill 108. By taking lessons from other cities and bypassing provisions already deemed ineffective,Hawaii County can produce a well-informed bill and be one step closer to a more balanced approach and a more prosperous community. Attached hereto as an addendum for your reference is Haavai`iAppleseed's report that discusses these issues more in depth. Mahalo for the opportunity to comment on Bill 108. . ., . r ,., _,. „k - p 3 pylt ,"y, ; '. 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YACATtO ' ;- '�H�+►1NA,1 r ;APLESErED `�� . 7 y w 1'" �{ ter,r� a '6 " t 4t , •r ;oma S�$ �.� 41 °e. ,e .0,- a Baa r S ,e9 3e i Hawaii Appleseed Center for Law and Economic Justice 119 Merchant Street Suite 605A Honolulu, Hawaii 96813 (808) 587-7605 www.hiappleseed.org Authored by: Victor Geminiani Madison DeLuca - Contents Executive Summary -1 The State of Housing in Hawaii 3 Severe Impact of Housing Shortage on Those Most in Need 4 Economic Challenges Facing Hawaii Residents 5 Hawai'i's Vacation Rental Industry 6 Case Study: Maui 9 Vacation Rental Regulation in Other Major Cities 10 Current State of VRU Enforcement 10 Recommendations 11 Conclusion 12 Endnotes 13 ° .8 's ate: P 10 , •v� r �e•. � VFW::: sro® q 4 ' ,y ,.. .wn. � rn Executive Summary Finding affordable housing has long been a significant challenge for Hawai'i's residents. Over the past decade, it has risen to crisis proportions. Economic barriers to achieving economic stability are daunting for most Hawaii residents, and are nearly insurmountable for low-income households. The growth of the vacation rental industry in recent years is exacerbating these problems. While vacation rentals offer the possibility of extra income for some residents and additional tax revenue for the state, many of the benefits go to nonresident investors. The adverse consequences of housing stock lost to vacation rentals far outweighs the benefits they might provide to local families and our community. Hawai'i's housing costs are among the highest in the nation. Hawaii workers earn the lowest wages in the nation after accounting for cost of living. These financial pressures are compounded by Hawai'i's regressive tax system,which places the second highest tax rate in the nation on people in poverty. Given these factors, an unusually high percentage of our residents are renters-43 percent, the fourth highest percentage in the nation. Rent is more expensive in Hawaii than any other state. In recent years, rents have been increasing at more than twice the rate of wages. It's no surprise that Hawai'i has the highest rate of homelessness in the nation, and families who have called Hawaii home for generations are being priced off the islands. At a time when Hawai`i is only building half of the units necessary to keep up with demand, housing stock available to Hawai'i residents is being eaten up by nonresident purchasers. Twenty-seven percent of Hawaii home sales are made to nonresidents. On Maui, 60 percent of condominium sales are made to nonresident buyers.The proliferation of short term vacation rental units (VRUs)—the majority of which are operated by nonresidents—has added another pressure point by further limiting the availability of housing for local families. Over just the last two years, the number of VRUs has increased by 35 percent.There are currently 23,000 VRUs being advertised around the state. Up to 93 percent of them are for entire homes, rather than the rent-out-a-room image purveyed by the VRU industry. One out of every 24 housing units in the state is a VRU, with some communities being completely overwhelmed by the industry's growth. On Kauai one in eight homes is used as a VRU. In Lahaina, the ratio drops to one in three. The reason why investors are choosing VRUs over long-term rentals is obvious:the average VRU brings in about 3.5 times more revenue than a long-term rental unit. The loss of long-term rentals to VRUs means higher housing costs for Hawai'i residents. Although Hawai'i derives some benefits from VRUs through increased tourism spending and tax collection,the benefits are far outweighed by the costs. San Francisco,which like Honolulu has struggled with high housing costs and a proliferation of VRUs, found that every housing unit withdrawn from the market to be used as a VRU produces a net negative economic impact, even if the unit generates host income,visitor spending, and hotel taxes. San Francisco estimates that their local economy loses up to $300,000 per VRU per year.The impact of VRUs in Hawaii is likely to be similar. . Ag a§ x' Q .g .fix, l &i ; ;;nd „ Hawaii should consider adopting measures that will help reverse the damage caused by the proliferation of illegal VRUs in the state, including: • Making it illegal to advertise a VRU that is not permitted and requiring all VRU advertisements to include a permit number (currently, enforcement agencies report that a VRU advertisement is not sufficient to prove that the unit is actually being used as a VRU); • Requiring that internet hosting platforms identify and remove noncompliant hosts; • Empowering local neighbors to enforce the laws against VRUs by granting them standing to file a complaint with the courts; • Increasing the staff of the county enforcement office; • Requiring owners or hosts to be present whenever they are hosting; and • If, after cracking down on illegal VRUs, communities decide to modestly increase the number of VRU permits, dispersing permitted rentals unit in communities throughout the island to avoid oversaturation. Unless Hawaii takes action against illegal VRUs, their numbers will continue to rise as investors convert more homes built for residents into vacation rentals for visitors.Home prices and rents will rise,and Hawai'i's families, communities, and economy will suffer. A717q. le P444 .AtitgitV .tin y wp ��z�� ;""fid: •�ua d•La �• g.. a The State of Housing in Hawai`i The housing crisis is one of Hawai'i's most critical problems today. Our housing costs are among the highest in the nation.' We have the lowest wages when adjusted for cost of living,2 the highest rate of chronic homelessness,3 and the highest rate of overcrowding in housing.4 These problems continue to worsen with housing costs increasing at more than twice the rate of increases in wages.5 Housing has, always been expensive in Hawaii, but housing costs have rocketed further out of reach for Hawaii residents over the last decade. A primary contributor to Hawai'i's housing Rent vs. Wage Increases problem is that our supply of affordable Increases in rent prices have dramatically housing fails to keep up with demand. outpaced increases in wages since 2000 Although Hawaii gained 8,458 housing from 2011 to 2014, this pace is insufficient to create 350% the 24,551 units Hawaii needs between 2016 300% — � and 2020 to keep up with new demand.6 For every two units needed, only one is being 250 ° � built. 200% As demand continues to outpace supply, 150% housing prices and rents for families who live and work in Hawaii will continue to rise. This . ,411. problem is exacerbated by nonresident 50% if � home purchasers. Statewide, 27 percent of 0% Hawai'i's homes sold between 2008 and 2015 05 9; wq �� aq� q5 (1\ q9 0t Ob o") o� c§1 \9 \\ \\ \C' • Na �q �q pyo ,yo ,Lo ,yo ,yo went to nonresidents. On Maui,investors and second-home owners hold over 60 percent of Rent-Cumlative%Change condominiums and apartments8 and 52 Wages Cumlative Change percent of homes are sold to nonresidents.9 This dramatically shrinks the pool of available housing for our families. Vacation rental units (VRU5) provide anotherPercent of Maui significant pressure, leading to the reduction of homes sold to available housing for Hawaii residents and nonresident driving up rents.VRUs are rental properties beingJV 44. a, 0 buyers used as rentals for less than 30 days to transient parties, and many are illegal.'0 In Hawaii,where 43 percent of households rent—the fourth Percent of Maui highest percentage out of all the states—this condos and issue is particularly problematic.'' A sharp increase in VRU inventory, driven by the strong apartments sold economic returns VRUs generate, undoubtedly / to investors and affects our local housing market. Maui, the second island with the largest number of VRUs in the homeowners state, is particularly impacted. tia• . ° °fob, • • s m a y °'�° � ' + � as rAt 44;0 aq� '� � �q° �"ate •, •�''���l "t .8ea` Severe Impact of Housing Shortage on Those Most in Need Hawai'i's housing shortage most acutely affects residents and families who are the least economically secure.Housing demand is typically measured relative to"Area Median Income" (AMI)—the income level at which half of Hawai'i's residents make more and half make less. In 2016,the median household income for Hawaii was $74,511.12 Approximately 74 percent of the total housing units required by 2025 are needed for households making less than $75,000.13 In other words, roughly three-quarters of the total amount of new housing required in coming years needs to be affordable to the lowest-income half of the population.The greatest housing needs are at the lowest levels of the income scale. Hawaii Housing Demand by Income Level (2015-2025) More than$150K f#' $100K to$150K a ``'�`" $75K to$100K $60K to$75K e^` °`^"10 P^, rt $45K to$60K $30K to$45K m. -If 76m. a n Q4 -Sut kb 61cs Less than$30K W ""^`' ', „'C. .' ►^`�^` `� ^. = 1,000 units needed Not only is there a need for new, affordable homes in the future,the unfortunate reality is that the amount of planned affordable housing is far below the amount needed to close the availability gap. Units built ' by the private market, without the use of government subsidies, are typically priced at levels affordable only to households at 140 percent of AMI and above—prices well out of reach for the vast majority of Hawaii residents.The Hawaii Housing Finance and Development Corporation (HHFDC)—the main state agency charged with developing and financing housing affordable below 140 percent of AMI—planned to develop only 5,801 units of housing between 2016 and 2020.14 This is less than a third of the 19,908 units needed at or below the 140 percent of AMI income level in this time period.15 The lack of sufficient housing stock and increased housing costs relative to wages has resulted in high rates of crowding (where a household has more than two people per bedroom) and doubling up (where multiple households live in a single home). In recent years, Hawaii has been ranked first in crowding for owner-occupied units and second for renter-occupied units. In 2016, 20 percent of Hawai'i's households were crowded or doubled up.16 Native Hawaiians are particularly disadvantaged by the explosion of VRUs.Their homes are more likely to be overcrowded and doubled up, leaving no space to rent out.17 They are also more economically insecure; while Native Hawaiians participate in the labor force at higher rates than the state average, they earn significantly less per capita.18 ', `e end it .�.�•� 4.4p • & °' r ; arm r`� g flava ra ' ar.' -,:# 2 , ssr$a � e ° a it $� _ -n � e#�"va ^.+ a" N a Economic Challenges Facing Hawai`i Residents Living in Hawaii comes with Percentage of Households Facing serious economic challenges Housing Cost Burdens by Income Group (2017) that compound the struggle to Q find affordable housing. Hawai'i, O0�0 85% 86% is the second worst state for 80% 75% taxing people in poverty,19 and60% � 61% 60% Hawaii residents earn the lowest !?,, wx " 44 wages in the country when 40% o- may. adjusted for cost of living.20 Forty- 21T 25% 16% eight percent of households in 20% r 4 �� �� 9% Aeg 1% ^ ' Hawai`i struggle to afford basic 0% "a` W.. ,17.11 household necessities.21 Extremely Low Very Low Low Middle Above Median (0-30%AMI) (31%-50%AMI) (51%-80%AMI) (81%-100%AMI) (100%+of AMI) Housing is considered affordable ®Cost Burdened a Severely Cost Burdened when a household spends no more than 30 percent of its income on shelter. Families with expenses exceeding this amount are considered cost-burdened, while those spending more than 50 percent are severely cost-burdened.22 Seventy-five percent of extremely low-income households in Hawai'i spend more than half of their income on housing.23 This leaves little money to cover other expenses such as clothing, food, and medicine. Forty-three percent of Hawaii households rent rather than own—the fourth highest percentage in the nation. Hawai'i's "housing wage" (defined as the wage needed to afford a two-bedroom unit at fair market rents) is $35.20—the highest of all the states. In comparison, the average renter's real wage is $15.64. A minimum wage worker would need to work 152 hours a week-3.8 full-time jobs—to afford a two-bedroom unit, and 116 hours a week-2.9 full time jobs—to afford a one-bedroom unit.24 As the housing market becomes increasingly hostile, eviction and displacement become more likely. Eviction !;', r can lead to lower credit scores and increased difficulty - j finding replacement housing, loss of security deposits and ': personal belongings, and additional moving expenses that K r= , 7� already cash-strapped families can ill afford. ;, Even if a displaced family can find new housing, it may be r •Pis. r° in a different area. This breaks up communities, severs ties with family and friends, and disrupts children's schooling. 13% of homeless shelter Classroom turnover hurts our keiki; it leads to lower achievement, academic progress, and high school clients came from homes graduation rates. Additionally, unstable housing situations they were unable to retain can increase substance abuse and incidences of psychiatric disorders.25 The most severe consequence of displacement is homelessness. In 2016, almost thirteen percent of homeless services clients came from homes they were unable to retain.26 As Hawaii has the nation's highest chronic homelessness rate, keeping people housed should be a high priority.27 Housing costs even drive some residents out of our state. In 2016, approximately 22 percent of survey respondents said they would move out of Hawai'i on their next move. Thirty-one percent of those who wanted to leave reported that housing was one of the problems causing them to move.28 ; a - 2. °•�n eam+ e .47,74'41.''.."-' a 7� �q .a� , � .• ,.) € :gig ° �p� ' 1$ Hawai`i's Vacation Rental Industry The Internet has provided opportunities for anyone to advertise units for short-term rental, regardless of county or state laws.A sizable percentage of VRU operators (also known as"owners"or"hosts") are willing to operate in violation the law because the economic returns for a VRU are significantly higher than that of a long-term rental. Compounding matters is the recent rise of internet hosting platforms like Home and Airbnb. These platforms have substantial marketing budgets, near-universal brand awareness among travelers, and e- commerce infrastructure that makes it easier for people to operate a VRU today than ever before. Internet hosting platforms also provide significant anonymity.They shield host information from regulators and permit illegal operations to list on their sites.This makes enforcement nearly impossible and reduces illegal hosts' fear of getting caught° Sharp Rise in Hawaii Vacation Rentals VRUs in Hawaii are pervasive and their numbers are growing. In 2017, the Hawaii Tourism Authority (HTA) estimated that 23,000 VRU5 existed in Hawai'i,29 a 35 percent increase in only the last two—ears. 44,7 777 77,7,, „7777 *r a, �p� % r � � a "o ' .0. 4.7144,: a /77 47 4,6,1i-0'4''',7441-14`v 0 ififf.:4,,-1-:` `': t moi% 2015 2017 Since Hawaii has roughly 540,000 total housing units, these estimates mean that approximately 1'out of every 24 units is a VRU.31 The share of VRUs is even higher in towns frequented by tourists. In Koloa on Kauai, 1 out of every 2.5 housing units is a VRU°3z 1 6 ar t � �' a �" ' rA birA �, t rte i. AtS c d error �y .`� s- k',. R ,fie° '- 041 74 Ifki ry 6}. pi t lita - Ktit, Ate ( 24 ME e , � '„, .✓ . i „�.a. ,gy (]p r, ,. h ai.0 4 1 f ' ' R e t, t: A1d r y �;a ":�". Yom,3a' 6°x,�' "' "'"` �p;,r ¢�., �€Kr ,.:.. � `'�' a''°s° h° 4 ° ed y gq9� v",b;49 94, 'a }im !,1,,.1":41,1° °meg .4,1,„cl mgt x ; ,. Vacation Rental Ownership Some platforms perpetuate the myth that VRU hosts s _ are residents renting out extra rooms to make ends meet.33At minimum, 52% of VRUs are However, the majority of hosts are nonresidents.The owned by available data is not sufficiently detailed to determine the full extent of nonresident ownership, nonresidents but itdoes reveal that at least 52 percent of VRUs are owned by nonresidents. The true figure is likely much higher.34 Entire Home vs. Shared Home Additionally, the majority of VRUs are entire-home rentals. Various sources estimate that between 74 percent and 93 percent of VRUs are for entire-home rentals. A report commissioned by Airbnb derived the low-end estimate of 74 percent,35 while the high-end estimates were derived from visitor surveys and data extracted from VRU booking sites.Ninety-two percent of visitors surveyed self-reported that they had the entire unit to themselves,36 while data'extracted from three separate VRU booking sites indicated that 93 percent of VRUs were for an entire home or entire condo.37 n 4 ;. Up to 93 percent vy�y 93% 4a ," „al. of VRU listings are , "a � � for entire homes �" X4\4;,°' s These entire-home rental hosts are likely not renting their primary residence, as the hosts would need to vacate the premises for the duration of their guests' visits. Rather, entire-home listings are likely posted by multi-unit hosts who use VRU platforms to facilitate commercial-style rental operations. From 2009 to 2014, the number of Airbnb booked entire-home listings increased by an annual average of over 100 percent.38 A recent study suggested that hosts with 20 or more units earned more than 27 percent of the total revenue generated by multi-unit hosts.39 It should be noted that the study was conducted by a group with ties to the hotel industry, but if even close to accurate, it paints a compelling picture of who is benefiting from VRUs. .§ Detriments of Vacation Rentals Outweigh Benefits While VRUs bring additional tourism,spending,and the potential for taxation,studies have shown that the negative impacts on cities' economies and housing costs far outweigh the benefits.San Francisco found that VRUs result in the withdrawal of housing units from the residential market, which leads to higher housing costs. Every housing unit withdrawn from the market to be used as a VRU produces a net negative economic impact on the city, even if the unit generates host income, visitor spending, and hotel taxes every day of the year.The city estimates that the local economy loses up to$300,000 per VRU per year.40 Other cities have also tracked the outsized and negative effects of VRUs. In 2014, Airbnb absorbed one percent of Los Angeles' rental housing market, and rents rose 7.3 percent°41 Furthermore, if 8,000 illegal Airbnb listings were removed in New York City,the number of available rental units would rise 10 percent.42 Why Long-Term Rentals Are Being Lost to Vacation Rentals Renting out a unit as a VRU is more profitable than renting it long-term, making VRUs oak - particularly appealing for nonresident investors. A 2015 study by Honolulu's Office of Community Services indicated that at 80 ° "6, '' f percent occupancy, the average Airbnb unit would bring in about 3.5 times more revenue than a long-term rental43 Approximately Amours of revenue an seventy-eight percent of rental units on Oahu average Airbnb unit can earn less money than the average Oahu entire-home Airbnb. generate compared, to Thus, on average in Honolulu, a potential host a long-term rental would only have to rent on Airbnb 73 days out of the year to earn more on Airbnb than renting long term. In some areas the threshold is lower;a Waimanalo host would only have to rent on Airbnb 26 days to make more than they would renting long term.44 A report Value of Building Permits in prepared for the Hawaii Tourism Authority Hawaii estimates that revenue from VRUs will reach $1.9 billion by 2021,van increase of 58 percent from 2016 revenue.45 o 3 —I _ Given the enormous economic incentives,it is inevitable that opportunists will use VRUs to • commercialize Hawai'i's neighborhoods. 12 2 o i Hosts are overwhelmingly speculators and investors who benefit from the escalating 1 �� � �� � � �� �� _ ���� price of housing in Hawai`i,46 and our property tax rate, which is the lowest in the nation.47 0Hawaii is a safe place to invest money for CO N O tt W N O 00 N "0 S. N. 00 , 0, 0- O O 't long-term securityand a highh return on0, o. 0, ao, 0, aw 0, O, O, 0 0 0 0 NNNN investments, at the expense of our residents. • e s. Case Study: Maui With almost 9,000 estimated VRUs48 taking up 13.6 percent of its housing stock,49 Maui is an example of unfettered VRU proliferation. One in seven housing units on Maui is a VRU. In Lahaina, it is one in three.50 Maui is an example of what the state of Hawai'i could become ifr_we do not enact stricter regulations. Approximately 9,000 VRUS Nonresidents dominate Maui's housing market. Sixty are active on Maui. Only percent of condos51 and 52 percent of homes on Maui are sold to nonresident buyers.52 223 are legal. Sixty-six percent of nonresidents who own Maui property report renting out their units.Only 16.7 percent Who Nonresident Maui Property of these owners choose to rent to residents only.53 Thus, Owners Say They Rent To it is no surprise that Maui has the highest percentage of residential units being used as VRUs in the state.54 Since 2006,the number of housing units produced each "Don't year on Maui has lagged behind the number of new Know" Visitors households.A 2014 report commissioned by the County of Maui shows that by 2020, Maui's unmet housing need will reach nearly 4,000 units. Seventy percent of these units will be needed for households at or below 80 Residents ,4 Only `�- � 1 � percent of AM1.55 Almost a quarter of Maui residents are severely cost-burdened; this is the highest proportion of severely cost-burdened residents in the state.56 Even when new units are constructed they are often not affordable; Maui has the lowest share of affordable housing in the state. Median sales prices for homes on Maui saw the largest increase (24 percent) in the state from 2010 to 2014. Furthermore, less than a quarter of 4 ' Q Maui home buyers are able to make an adequate down � `4 nor t Unit prospective Y q d, payment.57 \,,,e4,2„!!„,401,,VI _ � "nr 3 Maui has taken concrete steps to address the problems posed by VRUs: iy . • Potential hosts must obtain a permit, arrange a safety a vil� r inspection and provide public signage with their contactd,fi 4-- information. • Opposition from neighbors can trigger a Maui Planning Permitted Commission review of the VRU and neighborhoods have caps Units on the number of short term rentals that can operate. • Any dwelling approved for short-term use must have been constructed more than five years before a permit application is submitted.58 However, lack of enforcement power has limited the efficacy of these regulations. Although the number of active VRUs is estimated at 9,000, Maui has only issued 223 permits.59 s„. . . . ° o. nor a . o Vacation Rental Regulation in Other Major Cities Cities across the globe are searching for solutions to reduce the proliferation of illegal VRUs and increase the supply of critical housing for residents.Three examples of such locations are: San Francisco New York City • In 2014, San Francisco limited homesharing • New York State law was amended in 2010 to 90 days per year during which hosts are to prohibit rentals of fewer than 30 days not present for their guest's stay, mandated during which the owner is not present.75 that hosts register their properties, required • In examining Airbnb data from 2014, the hosts or platforms to collect taxes,71 and New York Attorney General's Office found only allowed each host to rent out one that nearly 72 percent of New York City unit.72 listings are illegal. Additionally, while only 6 • In 2016, the city required VRU platforms to percent of hosts ran commercial-scale verify that listings are registered before operations,erations, these hosts collected 37 posting them online. Non-compliant percent of the city's Airbnb revenue.76 platforms could face fines of up to $1,000 • Subsequently, in 2016 Governor Cuomo per day.73 made it illegal to advertise an apartment • The system was implemented in January of for rent for less than 30 days on a VRU 2018, resulting in Airbnb listings decreasing platform.77 Offenders could be fined up to by almost 50 percent.74 $7,500.78 Barcelona, Spain • A 2016 study revealed that 40 percent of Barcelona VRUs are illegal. The report also blamed Barcelona's 33 percent rise in rent since 2013 on the increase in tourist accommodations.79 • Professionally-owned tourist apartments must be licensed, and owners of illegally advertised properties face fines of up to€60,000.80 • Barcelona doubled its VRU enforcement team from 20 to 40 inspectors. By 2018 the city will have over 100 inspectors.81 Current State of VRU Enforcement Oahu VRU Enforcement Actions Increased enforcement is essential to ensuring that the VRU 1200 1035 industry in Hawai'i remains in check.Additionally,the burden 1000 for proving a violation should be reduced—enforcement 800 agencies claim that advertising the unit as a VRU is not, on 600 its own,sufficient proof it is being used as a VRU.On Oahu for 400 ,Pe`'`g,._ example, from January through August of 2017, Honolulu's 200 Department of Planning and Permitting (DPP) conducted �' a9 2 1,035 VRU investigations. Theyissued 49 notices of violation, 0 g )nidal Violation Code only two of which were referred to the Code Compliance Investigations Notices Compliance Referrals Branch for civil fines.71 d v9� Recommendations Reduce the Burden of Proof As mentioned in the preceding section, enforcement agencies claim that an internet ad is purportedly not enough evidence to issue a violation, and it is difficult to gather evidence to prove that someone is . renting a unit for less than 30 days.72 Allowing investigators to use online advertisements as evidence will shift the burden of proof to the host.There are several options available: • Implement fines. Other locations, including Austin, Texas,73 and New York State,74 have banned the hosts of unlicensed or noncompliant short-term rentals from advertising, imposing fines on those that do. San Francisco has taken the practice of fining even further, placing the burden of enforcement on rental platforms. Platforms are fined $1,000 per day per unregistered host.75 • Demand data transparency from internet platforms to identify illegal operators and impose requirements that remove noncompliant listings from platforms. In San Francisco, homesharing platforms must remove unregistered listings or face a fine. They also must collect data from their hosts and pass it on the city 76 • Model Honolulu's Bill 20 regarding Accessory Dwelling Units (ADUs). Honolulu has included strong enforcement provisions in its regulations on ADU5. In 2015, Bill 20 allowed homeowners to build ADUs on their property to create more affordable rental units.The bill stipulated that rentals cannot be for less than six months and the property owner or property owner's relative must occupy the primary dwelling unit on the property. In addition, Bill 20 strengthened DPP's enforcement powers by placing the burden of proof on the homeowner. -Inspectors can use advertisements on the internet as proof that an accessory dwelling unit is being used as a VRU. Advertising without a permit creates a presumption that the unit is being illegally rented and requires the owner to prove that it is not.77 Advertising the ADU as a VRU can result in revocation of the ADU,permit and fines of $1,000 per day.78 Regulations on VRUs themselves must have equally strong enforcement tools. Plan Carefullyfor Expansion of Permitting p Hawai'i cannot bear the heavy load of VRUs that has been building over recent years. However, if enforcement efforts successfully reduce the number of illegal VRUs, it may be appropriate to consider a modest, controlled expansion of permits, in which case, the following factors should be considered: • Neighbors should be informed of any permit applications submitted in their neighborhoods and be given an opportunity to contest the applications. • Permits should be dispersed fairly around the island, not concentrated in one particular community that will be overburdened. • All advertising material, including websites, should include the property owner's permit number, address, and resort zoning classification. • Each unit's property owner or resident should be required to be present during guests' stays. • Fines for unpermitted units should commence at the issuance of the first notice of violation. Fines should start low but increase substantially with subsequent violations to the levelwhere they eliminate the possibility of still making a profit after paying the daily fines. Correcting a violation should not dismiss the assessed fines. 5 W.a .: V esv Broaden the Authority of Enforcement Agencies Enforcement agencies like the DPP would benefit from more staff and a greater focus on deterrence, not just compliance. Fines from noncompliant VRUs should be used to fund DPP enforcement expansion. Support Increased Community Involvement Community members can work in partnership with enforcement agencies to protect their neighborhoods. Counties should establish a hotline or reporting app to monitor VRUs and require hosts to notify their neighbors that they have applied for a VRU permit. Furthermore, neighbors should be explicitly allowed to use state courts to appeal for enforcement against specific units in their neighborhoods, or to bring claims against neighborhood hosts directly. Conclusion While the VRU industry is arguing that vacation rentals are boosting Hawai'i's economy and residents' incomes,in reality, VRU are doing more harm than good.The proliferation of VRUs—the majority of which are owned by nonresidents—is reducing the housing stock available to families who live and work in Hawai'i and increasing our already high housing costs. Residents who have been struggling for years under the pressures of expensive housing and relatively low wages are reaching their breaking point. Families who have lived in Hawai'i for generations are being displaced from their homes and their islands by a steady flow of short-term visitors.While Hawai'i welcomes its visitors and recognizes their importance to our economy,tourism needs to be carried out in a way that is balanced and sustainable over the long- term. The current state of VRUs in Hawai'i is not. Hawaii needs to take action before further damage is done. • Endnotes 1 2016 American Community Survey 1-Year Estimates Ranking Tables,R251 1 and R2514,2016.Available at http://files.hawaii.gov/dbedt/census/acs/ACS2016/ACS2016_1_Year/state_rank/16_state_ranking_file.pdf 2 Kolko,Jed.Cities Where Salaries Go Furthest in the U.S., Indeed Hiring Lab(Aug.24,2017).Available at http://www.hiringlab.org/2017/08/24/salaries-go-furthest-in-us- cities/?utm_source=Grassroot+Institute+Newsletter&utm_campaign=d062b83822- Prez Column_10_6_17&utm_medium=email&utm_term=0_9da0f1 cl e4-d062b83822- 164734697&ct=t(Prez Column_10_6_i 7)&mc_cid=d062b83822&mc_eid=43e403dd28 3 The 2017 Annual Homeless Assessment Report(AHAR) to Congress,The U.S.Department of Housing and Urban Development, Dec.2017(p.65).Available at https://www.hudexchange.info/resources/documents/2017-AHAR-Part-1.pdf 4 Selected Housing Characteristics, 2016 American Community Survey 1-Year Estimates, U.S.Census Bureau.Available at https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_16_I YR_DP04&prodType=table 5 FMR History for Honolulu County,HI, HUD User.Available at:https://www.huduser,gov/portal/datasets/fmr/fmr il_history/history_fmr.odn?inputndme=METRO46520M46520*Honolulu%20Cou my%2B 1500399999&county_select=yes&statename=Hawaii&statefp=l 5&stusab=Hl&fmr_year=2016&il_year=2016&area_choice=c ounty;Median Household Income by State. Historical Income Tables:Households, U.S.Census Bureau.Available at https://www,census.gov/data/tables/time-series/demo/income-poverty/historical-income-households,html 6 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai'i Housing Finance and Development Corporation, Dec.2016(p.5,34).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_l 1 1416-FINAL-122216.pdf 7 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawaii Housing Finance and Development Corporation, Dec.2016(p. 16).Available at https://dbedt.hawaii.gov/hhfdc/files/2017/03/State_HHPS2016_Report_031317_final.pdf 8 Cassiday, Rick.Oahu Rental Housing Study, Department of Community Services City&County of Honolulu,2014(p.55). Available at https://dbedt.hawaii.gov/hhfdc/files/2015/02/RENTAL-HOUSING-STUDY-2014-UPDATE-CITY-COUNTY-OF-HONOLULU.pdf 'Residential Homes Sales in Hawaii, Department of Business,Economic Development and Tourism Research and Economic Analysis Division,May 2016(p. 18).Available at http://files.hawaii.gov/dbedt/economic/dpta_reports/homesale/Residential_Home_Sales_in_Hawaii_May2016.pdf 10 The Impact of Vacation Rental Units in Hawaii,2016,SMS Research&Marketing Services for Hawai'i Tourism Authority Research Division,Nov.2016 (p.2-3).Available at http://www.hawaiitourismauthority.org/default/assets/File/Housing%2oand%20Tourism%201 13016.pdf 11 Out of Reach 2017:The High Cost of Housing,National Low Income Housing Coalition,2017 (pp. 16,66).Available at: http://nlihc.org/sites/default/files/oor/OOR_2017.pdf 12 Census Data Highlights, Hawai'i State Data Center,Sept.2017.Available at http://files.hawaii.gov/dbedt/census/acs/ACS2016/ACS2016_1_Year/Other_Files/ACS_2016_Analysis_DBEDT_final.pdf 13 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawaii Housing Finance and Development Corporation, Dec.2016(p.35).Available at https://dbedt.hawaii.gov/hhfdc/files/2017/03/State_HHPS2016_Report_031317_final.pdf 14 Annual Report, Hawaii Housing Finance and Development Corporation,2015 (p.3).Available at http://files.hawaii.gov/dbedt/annuals/2015/2015-hhfdc.pdf 15 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai'i Housing Finance and Development Corporation, Dec.2016(p.5,34).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_I 11416-FINAL-122216.pdf 16 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai'i Housing Finance and Development Corporation, Dec.2016(p.8).Available at https://dbedt.hawaii.gov/hhfdc/files/2017/03/State_HHPS2016_Report_031317_final.pdf 17 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawaii Housing Finance and Development Corporation, Dec.2016(p.73).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_1 1 1416-FINAL-122216,pdf 18 Testimony of Kamana opono Crabbe Relating to Land Use Ordinance, Office of Hawaiian Affairs,Dec.9,2015(p.2). 19 Who Pays?51h Edition,Institute on Taxation and Economic Policy,Jan.2015(p. 15).Available at https://itep.org/wp- content/uploads/whopaysreport.pdf 20 Kolko,Jed.Cities Where Salaries Go Furthest in the U.S., Indeed Hiring Lab(Aug.24,2017).Available at h ttp://www.hi ri ng la b.org/2017/08/24/salaries-g o-furthest-i n-us- cities/?utm_source=Grassroot+Institute+Newsletter&utm_campaign=d062b83822- Prez Column_10_6_17&utm_mediumemaiI&utm_term0_9da0f1 c1 e4-d062b83822- 164734697&ct=t(Prez_Column_l 0_6_17)&mc_cid=d062b83822&mc_eid=43e403dd28 • • g • ceaa . 4 $• s m 21 Alice:A Study of Financial Hardship in Hawaii, Aloha United Way,2017 (p. 1).Available at https://www,auw.org/sites/default/files/United%20Way%20ALICE%20Report%20-%20Hawaii%2C%202017.pdf 22 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai'i Housing Finance and Development Corporation, Dec.2016(p.7).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_i 1 1416-FINAL-122216.pdf 232017 State Housing Profile,National Low Income Housing Coalition,June 14,2017.Available at http://nlihc.org/sites/default/files/SHP_Hl.pdf 24 Out of Reach 2017:The High Cost of Housing,National Low Income Housing Coalition,2017 (pp. 16,66).Available at: http://nlihc.org/sites/default/files/oor/OOR_2017.pdf 25 Geminiani,Victor&Chin,Jennifer.Evicted in Hawaii-Lives Hanging in the Balance, Hawaii Bar Journal,2016(p.30-32). 26 Yuan,S., &Gauci,K.T.Homeless Service Utilization Report:Hawaii 2016, University of Hawai'i Center on the Family,2017(p.7). Available at:http://uhfamily.hawaii.edu/publications/brochures/b761f HomelessServiceUtilization2016.pdf 27 The 2017 Annual Homeless Assessment Report(AHAR)to Congress,The U.S.Department of Housing and Urban Development, Dec.2017 (p.65).Available at https://www.hudexchange.info/resources/documents/2017-AHAR-Part-1.pdf 28 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawaii Housing Finance and Development Corporation, Dec.2016(p. 18-19).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_11 1416-FINAL-122216.pdf 29 2017 Visitor Plant Inventory,Hawaii Tourism Authority,2017 (p.70).Available at http://www.hawaiitourismauthority.org/default/assets/File/reports/accommodations/2017%2OVISITOR%2OPLANT%20INVENTORY%20 REPORT%20-%2001-17-2018.pdf 30 2015 Visitor Plant Inventory,Hawaii Tourism Authority,2015(p.72).Available at http://www.hawaiitourismauthority.org/default/assets/File/reports/accommodations/2015%2OVISITOR%2OPLANT%20INVENTORY%2 OREPORT.pdf 31 QuickFacts Hawaii,Housing, U.S.Census Bureau.Available at:https://www.census.gov/quickfacts/HI 32 Individually Advertised Units in Hawaii,SMS Research&Marketing Services for Hawai'i Tourism Authority,Dec 2014(p.3,7,8). Available at http://www.hawaiitourismauthority°org/default/assets/File/research/accommodations%20studies/Individually%20Advertised%20Un its%20in%20Hawaii%20(Vacation%20Rentals).pdf 33 Geron,Tomio.Airbnb Had$56 Million Impact On San Francisco:Study, Nov.9,2012.Available at https://www.forbes.com/sites/tomiogeron/2012/1 1/09/study-airbnb-had-56-million-impact-on-san-francisco/#352e35413962 34 Available data show that out of a total of 45,075 short-term rentals,including those characterized as"residential"(VRUs)and those characterized as"commercial,"31,402(70 percent)were owned by nonresidents and 13,673(30 percent)were owned by residents.According to the same data set,28,398 of the 45,075 short-term rentals are"residential" (VRUs).Making the most conservative assumption possible—that residents owned only VRUs and no"commercial"rentals—nonresidents would own 14,725 (52 percent)of the VRUs in Hawai'i.The Impact of Vacation Rental Units in Hawaii,2016,SMS Research&Marketing Services for Hawaii Tourism Authority Research Division,Nov.2016(p.6).Available at http://www.hawaiitourismauthority.org/default/assets/File/Housing%20and%2OTourism%201 13016.pdf 35 Cassiday,Rick.Airbnb&Hawaii Housing,Jan.9,2017(p.14).Available at https://www.airbnbcitizen.com/wp- content/uploads/sites/27/2017/01/HawaiiAirbnbReportDesigned.pdf 36 Hawaii's Home and Vacation Rental Market:Impact and Outlook,JLL for Hawaii Tourism Authority,Dec 29,2016(p.33). Available at http://www.hawaiitourismauthority.org/default/assets/File/JLL%20Report_Impact%20of%20Home%20Rental%20Market%20on%20H awaii_l 2-29-2016.pdf 37 2017 Visitor Plant Inventory,Hawaii Tourism Authority,2017(p.60).Available at http://www.hawaiitourismauthority.org/default/assets/File/reports/accommodations/2017%2OVISITOR%2OPLANT%20INVENTORY%20 R EPORT%20-%2001-17-2018.pdf 38 Cassiday, Rick.Airbnb&Hawaii Housing,Jan.9,2017(p.2).Available at https://www.airbnbcitizen.com/wp- content/uploads/sites/27/2017/01/HawaiiAirbnbReportDesigned.pdf 39 Hosts with Multiple Units-A Key Driver of Airbnb Growth,CBRE Hotels'Americas Research,March 2017 (p. 19).Available at https://www.ahla.com/sites/default/files/CBRE_AirbnbStudy_2017.pdf 4°Amending the Regulation of Short-Term Residential Rentals:Economic Impact Report,City and County of San Francisco,May 18,2015(p.8).Available at http://sfcontroller.org/sites/default/files/FileCenter/Documents/6458- 150295_economic_impact_final.pdf?documentid=6457 41 How Airbnb Short-Term Rentals Exacerbate Los Angeles's Affordable Housing Crisis:Analysis and Policy Recommendations, Harvard Law and Policy Review, Feb 2,2016 (p.231,240).Available at: http://blogs.ubc.ca/canadianliteratureparkinson/files/2016/06/How-Airbnb-Short-term-rentals-disrupted.pdf w ° aY4° . °. °(If • 42 Woolf,Nicky.Airbnb and house-sharing firms reduced New York housing stock by 10%-study,The Guardian,June 27,2016. Available at https://www.theguardian.com/us-news/2016/jun/27/airbnb-new-york-city-housing-stock-reduction-study 43 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawaii Housing Finance and Development Corporation, Dec.2016(p.58).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_l 1 1416-FINAL-122216.pdf 44 Financial Characteristics 2016 American Community Survey 1-Year Estimates, U.S.Census Bureau,2016.Available at https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_16_i YR_S2503&prodType=table;Zip Code Boundaries:US Census Bureau.Available at https://www2.census.gov/geo/tiger/TIGER2010/ZCTA5/2010;Median Contract Monthly Rent:2015 American Community Survey 5-year Estimates Table 1325058, U.S.Census Bureau,2015.Available at https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk;Zip Codes,Honolulu Open Data,City& County of Honolulu (2017).Available at http://honolulu- cchnl.opendata.arcgis.com/datasets/62431 dd72960448087a287fa06b87bf5_7;Honolulu,Airdna,Sept.2017.Available at https://www.airdna.co/market-data/app/us/hawaii/honolulu/overview 45 Hawaii's Home and Vacation Rental Market:Impact and Outlook,JLL for Hawaii Tourism Authority, Dec 29,2016(p.26). Available at http://www,hawaiitourismauthority.org/default/assets/File/JLL%20Report_Impact%20of%20Home%20Rental%20Market%20on%20H a w a i i_l 2-29-2016.p d f 46 Table 21.01—Number and Value of Building Permits, by county: 1958 to 2016,The State of Hawaii Data Book,The Department of Business,Economic Development&Tourism,2016(p. 1006).Available at http://files.hawaii.gov/dbedt/economic/databook/db2016/db2016.pdf 47 Logan,David.Property Taxes by State-2016,National Association of Home Builders,Oct 2,2017.Available at http://eyeonhousing.org/2017/10/property-taxes-by-state-2016/ 48 Minutes,Council of the County of Maui Planning Committee,6/16/16(p. 13).Available at https://www.mauicounty.gov/ArchiveCenter/ViewFile/Item/21920 49 Individually Advertised Units in Hawaii,SMS Research&Marketing Services for Hawaii Tourism Authority,Dec 2014(p.4). Available at http://www.hawaiitourismauthority.org/default/assets/File/research/accommodations%20studies/Individually%20Advertised%20U n its%20in%20Hawaii%20(Vacation%20Rentals).pdf so Individually Advertised Units in Hawaii,SMS Research&Marketing Services for Hawai'i Tourism Authority,Dec 2014(p.8). Available at http://www,hawaiitourismauthority.org/default/assets/File/research/accommodations%20studies/Individually%20Advertised%20Un its%20in%20Hawaii%20(Vacation%20Rentals).pdf 51 Cassiday, Rick.Maui Rental Market, Department of Housing and Human Concerns County of Maui,2014(p.3).Available at https://dbedt.hawaii.gov/hhfdc/files/2015/02/RENTAL-HOUSING-STU DY-2014-U PDATE-COUNTY-OF-MAUI.pdf 52 Residential Homes Sales in Hawaii, Department of Business,Economic Development and Tourism Research and Economic Analysis Division,May 2016(p. 18).Available at http://files.hawaii.gov/dbedt/economic/data_reports/homesale/Residential_Home_Sales_in_Hawaii_May2016.pdf 53 The Impact of Vacation Rental Units in Hawaii,2016,SMS Research&Marketing Services for Hawaii Tourism Authority Research Division,Nov.2016(p.20).Available at http://www.hawaiitourismauthority.org/default/assets/File/Housing%20and%20Tourism%201 13016.pdf 54 Individually Advertised Units in Hawaii,SMS Research&Marketing Services for Hawaii Tourism Authority,Dec 2014(p.4). Available at http://www.hawaiitourismauthority.org/default/assets/File/research/accommodations%20studies/Individually%20Advertised%20Un its%20in%20Hawaii%20(Vacation%20Rentals).pdf Ss Cassiday, Rick.Maui Rental Market,Department of Housing and Human Concerns County of Maui,2014(p.27-28).Available at https://dbedt.hawaii.gov/hhfdc/files/2015/02/RENTAL-HOUSING-STU DY-2014-UPDATE-COUNTY-OF-MAU I.pdf 56 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawaii Housing Finance and Development Corporation, Dec.2016(p.7).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_i 11416-FINAL-122216.pdf 57 Hawaii Housing Planning Study,SMS Research&Marketing Services for Hawai'i Housing Finance and Development Corporation, Dec.2016(p.22,26,29).Available at https://dbedt.hawaii.gov/hhfdc/files/2016/12/State_HHPS2016_Report_l 11416-FINAL- 122216.pdf 58 Spence,William.Report to the Planning Commissions and the County Council Pursuant to Ordinance 3941 (2012),Section 16, and a Proposed bill for an Ordinance Amending Title 19,Maui County Code,Relating to Zoning as it Pertains to Short-term Rental Homes, County of Maui Department of Planning,April 29,2014(p.2, 131-132).Available at https://www.mauicounty.gov/DocumentCenter/View/91217 59 Short-Term Rental Homes(STRHs), County of Maui(p.7).Available at https://www.mauicounty.gov/DocumentCenter/View/14762 • moo ° 0 • t47°. so Barcelona fines Airbnb and HomeAway 60,000 euros each, Ajuntament de Barcelona.Available at https://ajuntament.barcelona.cat/turisme/en/noticia/barcelona-fines-airbnb-and-homeaway-60000-euros-each 61 Ordinance No.218-14, Board of Supervisors of the City and County of San Francisco,Oct. 17,2014(p. 19).Available at http://www.sfbos.org/ftp/uploadedfiles/bdsupvrs/ordinances 14/o0218-14.pdf 62 Homesharing in San Francisco:A Review of Policy Changes and Their Impacts, Bay Area Council Economic Institute,Jan.2018 (p.2-3).Available at http://www.bayareaeconomy.org/files/pdf/BACEI_Homesharing_1 112018.pdf 63 Said,Carolyn.Airbnb listings in San Francisco plunge by half, San Francisco Chronicle,Jan 16,2018.Available at https://www.sfchronicle.com/business/article/Airbnb-listings-in-San-Francisco-plunge-by-half-12502075.php 64 Chapter 225,New York City,2010(p. 1).Available at https://wwwl.nyc.gov/assets/buildings/pdf/NYS_chapter_225.pdf 65 A.G.Schneidermand Releases Report Documenting Widespread Illegality Across Airbnb's NYC Listings;Site Dominated By Commercial Users,New York State Office of Attorney General,Oct. 16,2014.Available at https://ag.ny.gov/press-release/ag- schneiderman-releases-report-documenting-widespread-illegality-across-airbnbs-nyc 66 Cox,Murray.NYC:Report on the Anti-Airbnb Advertising Law, Inside Airbnb,Nov. 16,2016. Available at http://insideairbnb.com/nyc-report-on-the-anti-airbnb-advertising-law/ 67 Rosenberg,Zoe.Illegal Airbnb listings in NYC will now incur hefty fines, Curbed New York,Oct.21,2016.Available at https://ny.curbed.com/2016/1 0/21/13361942/airbnb-illegal-short-term-rentals-fines-nyc 68 Lomas,Natasha.Airbnb faces fresh crackdown in Barcelona as city council asks residents to report illegal rentals,Tech Crunch, Sept. 19,2016.Available at https://techcrunch.com/2016/09/19/airbnb-faces-fresh-crackdown-in-barcelona-as-city-council-asks- resid e nts-to-report-i llegal-ren to ls/ 69 Shankman,Samantha.Barcelona Overtourism:Airbnb and Short-Term Rentals,Skift,Aug.3,3017.Available at https://s kift.co m/2017/08/03/barcel o n a-overto urism-a irb nb-a nd-short-term-rentals/ 7o Burgen,Stephen.Barcelona cracks down on Airbnb rentals with illegal apartment squads,The Guardian,June 2,2017.Available at https://www.theguardian.com/technology/2017/jun/02/airbnb-faces-crackdown-on-illegal-apartment-rentals-in-barcelona 71 Donnelly,Christine.City addresses complaint on vacation rental enforcement, Honolulu Star-Advertiser,Sept. 13,2017.Available at http://www.staradvertiser.com/2017/09/13/hawaii-news/kokua-line/city-addresses-complaint-on-vacation-rental-enforcement/ 72.Donnelly,Christine.City addresses complaint on vacation rental enforcement, Honolulu Star-Advertiser,Sept. 13,2017.Available at http://www.staradvertiser.com/2017/09/13/hawaii-news/kokua-line/city-addresses-complaint-on-vacation-rental-enforcement/ 73 Short Term Rental News Release and FAQ, Austin Code Department,March 17,2016.Available at http://austintexas.gov/article/short-term-rental-news-release-and-faq 74 Rosenberg,Zoe.Illegal Airbnb listings in NYC will now incur hefty fines, Curbed New York,Oct 21,2016.Available at https://ny.curbed.com/2016/10/21/13361942/airbnb-illegal-short-term-rentals-fines-nyc 75 Weise, Elizabeth.Airbnb rentals in San Francisco may dive with new host rules, USA Today,May 1,2017.Available at https://www.usatoday.com/story/tech/news/2017/05/01/airbnb-san-francisco-settlement-regulations-illegal- homeaway/101168688/ 76 Homesharing in San Francisco:A Review of Policy Changes and Their Impacts, Bay Area Council Economic Institute,Jan.2018 (p.2-3).Available at http://www.bayareaeconomy.org/files/pdf/BACEI_Homesharing_l 1 12018.pdf 77 Ordinance 15-41, City and County of Honolulu,2015 (p.5,7).Available at: http://www4.honolulu.gov/docushare/dsweb/Get/Document-168733/dspage03688827543855432191.pdf 78 Accessory Dwelling Unit Homeowners'Handbook,Hawaii Appleseed Center for Law&Economic Justice(p.30).Available at http://hawaiiadu.org/wp-content/uploads/2016/03/HawaiiADU-Handbook.pdf/ a3IZSflf OINONODf 28 11/V11103 HND 33S31ddV IIVMVH 7c0000npo pup '6uiprq uoi4woo 'uoi400npa '4uawdoianap Aollod 'goapasaa g6noag4 A ionbaui a40n4adaad 4014 sWa4sAs abu010 GM •pRua1od Riau# pup A4unoas o!wouooa anailo0 04 sai4iun4Joddo au!nua6 sol auoiJana aaagM i,iomoH 0 pIinq o4 buppoM si peasaiddd momoH 1104wogl ulnb9 luolulWOO JoPh saopano ani4noax3-oo pions 4a.uoo •bs3'oa!UsQ a1019 •bs3 'uoslaN uug4oN laul!W IO N buogl-aai aorto(' a w'�nb�aa pinna •bs3 'aslnio•d labgop,N al11 )louIbd tib}aloas'•bs3 'o{owllnd •0 lwoON 4uaplsaJd'•bs3'aagad•f p!Aoa sao409a1a 40 papog I •MMM fico paasa�ddq•ta S'09L-Leg (808) £1896 I,I0MDH 'nInIouoH `v' 09 GBPS '1aaa4S 4ubu3JGW 611