Maui County is wrestling with legislation that could reshape the island's economy and housing landscape. Bill 9, introduced 18 months ago to convert short-term vacation rentals (STRs) into long-term housing, has evolved dramatically from the mayor's initial claim that "most, if not all" affected properties were meant for workforce housing. A Temporary Investigative Group (TIG) found that 63% of these condos are actually unsuitable for long-term residential use. The numbers are staggering: co...
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Maui County is wrestling with legislation that could reshape the island's economy and housing landscape. Bill 9, introduced 18 months ago to convert short-term vacation rentals (STRs) into long-term housing, has evolved dramatically from the mayor's initial claim that "most, if not all" affected properties were meant for workforce housing. A Temporary Investigative Group (TIG) found that 63% of these condos are actually unsuitable for long-term residential use. The numbers are staggering: co...
July Market Report: Maui’s Tourism Struggles = Buyer’s Market Opportunity
The Maui Real Estate Advisor Podcast
11 minutes
3 months ago
July Market Report: Maui’s Tourism Struggles = Buyer’s Market Opportunity
Maui’s Tourism Struggles = Buyer’s Market Opportunity In this episode of Maui Real Estate Advisor, Lahaina Lee breaks down the latest data on Maui’s cooling market, including a sharp drop in condo sales and why 2025 is shaping up to be even slower than 2009. He also unpacks the far-reaching implications of Bill 9—a controversial proposal that could strip 7,000 condos of their right to operate as vacation rentals. Is it a solution to the housing crisis or a costly legal battle in the making? P...
The Maui Real Estate Advisor Podcast
Maui County is wrestling with legislation that could reshape the island's economy and housing landscape. Bill 9, introduced 18 months ago to convert short-term vacation rentals (STRs) into long-term housing, has evolved dramatically from the mayor's initial claim that "most, if not all" affected properties were meant for workforce housing. A Temporary Investigative Group (TIG) found that 63% of these condos are actually unsuitable for long-term residential use. The numbers are staggering: co...
