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HomeMy WebLinkAbout2024-04-15 Bill 121Theresa Henk From: Theresa Henk To: W PCtesti mono Subject: Voicing opposition to Bill 121 Date: Monday,April 15,2024 5:13:05 PM Subject: The Economic Impact of Short-Term Rentals in Hawaii To whom it may concern, I trust this letter finds you well. I am reaching out to shed light on the intricate economic ecosystem that short-term rental businesses, such as mine, foster within our local community. Beyond the direct benefits to homeowners/residents of Hawaii like myself,the ripple effect of our operations extends far and wide,touching the lives and livelihoods of numerous individuals and businesses across Hawaii. First and foremost, the economic impact of short-term rentals goes beyond simple calculations. If our business were no longer allowed to host STR or was subjected to heavy fees/taxation, the immediate repercussions would be felt by my family and the families of the four individuals we employ. We live in a low income area where the average job pays $19 an hour. We pay our employees $30-$40 an hour. The prospect of losing our source of income or that new legislation would further burden us with fees,regulations, and taxes is extremely stressful because any further economic interference by the state would jeopardize our ability to meet mortgage obligations and also create financial instability for those we employ, ironically leaving us at risk and expose us to the same affordable housing problem you are trying to mitigate. The risk that this bill creates for my business extends far beyond our immediate circle. Local tour guides rely on our business for clientele, and massage practitioners benefit from employment opportunities created by our guests. The restaurants frequented by our visitors, along with a myriad of other local businesses we rely on—from solar companies to gas providers, pest control specialists to woodworkers—all derive a portion of their revenue from servicing our operations. Furthermore, our business also supports workers in other sectors. Whether it's employees at Target, cost you less, gas stations, or hardware stores,the flow of business generated by our short term rental expenditures reverberates throughout the community, sustaining jobs and bolstering the local economy. In essence,the interconnectedness of our short-term rental business with various facets of the local economy underscores its indispensable role in promoting prosperity and stability in Hawaii. By recognizing and supporting the contribution of platforms like Airbnb,we can support the continued vitality of our communities. I implore you to consider the multifaceted economic impact of short-term rentals when making decisions that affect this industry. Please keep in mind that many of these short term rentals are run by residents and employ those who are one paycheck away from being at risk of not affording housing as well. Please keep in mind that while those of us running STR's contribute significantly to the local economy,we are also people who contribute more than money to our community but also in all the various immeasurable ways that a person adds value to their community,whether it be friendship, service, support, or guidance. As a resident of Hawaii, I'm asking for support and consideration from my local politicians, rather than this burden and hardship that potentially opens me up to the threat of losing my income/housing. This is not the kind of legislation I need from local government officials following the years of burdens we've faced between a challenged local economy,being evacuated by the 2019 lava flow, COVID lockdowns, then further covid restrictions, as well as ridiculously expensive gas/food prices. Let's find a way to build a brighter future for all residents of Hawaii. I ask that the planning commission continue to define short term as under 30 days. I ask that the planning commission give equal treatment of property owners who live on site and operators who do not own the property, but live on site as lessors or caretakers. Finally, I ask for the removal of restrictions about where hosts live and where guests stay. As long as the owner is in the same building, on the same parcel or on an adjacent parcel it is overreach to tell them where they can and cannot sleep. Thank you for your time and consideration. I am eager to discuss these matters further and explore collaborative solutions for the benefit of our community. Warm regards, Theresa Henk 808 657-9969 Theresahenk(a4gmail.com 13-6768 Kalapana-Kapoho Beach Road Pahoa, HI 96778