Tuesday, September 13, 2011

Short-term rentals a bill council aims to get right!


WAILUKU Hawaii - The Maui County Council on Monday took up a bill on short-term rental properties in residential districts in depth for the first time in years and is looking at comprehensively examining, legalizing and streamlining the law in its Planning Committee.
Several community members expressed concern that passing the bill - which also includes amendments to the relatively new bed-and-breakfast ordinance - will detrimentally change the character of the county's neighborhoods as well as inflate property values and significantly reduce the rental housing stock.
On the other side of the short-term rentals issue, proponents said the bill will create much-needed jobs and put more visitor dollars into local businesses' tills.
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