Owners claim Maui residents can’t afford converted vacation rentals, UH study says otherwise

Owners and managers of Maui short-term vacation rentals have argued during two days of public hearings that local residents cannot afford the rent if 6, 100 units are converted into long-term housing, as proposed by Mayor Richard Bissen. Residents who also testified before the Maui County Council last week in support of Bill 9 repeatedly have called the claim offensive. An economic analysis by ...