I oppose Councilmember Paltin’s amendment. My wife and I are part-time residents and condominium owners in Kihei for over 10 years. In the months we are here each year we support the local community by volunteering with several organizations on Maui. We and our short-term guests spend money in local businesses such as sandwich shops, restaurants, swap meets, performances and the like -- unlike island visitors who stay in resorts. We cannot continue to do this if STRs are no longer allowed in our condominium. Furthermore, our investment in our condominium -- which we purchased with the assurance it would be STR -- will be substantially reduced in value, affecting our security in our retirement years.
This bill will hinder recovery and further burden victims of the fire that depended on STR operations for their income. We need those jobs and income to return so victims of the fire can rebuild and get back to work and earn the income so not dependent on government support forever.
My condo in Kahana would go into foreclosure if I cant short term rent . I am a senior on fixed income. I have a maintenance payment of 1350 a month and a mortgage payment and high property tax of 8,000 a year.. I would be forced to rent my studio condo that I have owned for 20 years for over $5000 in a long term market which is impossible to do. I have tried to sell but cant due to this no short term rental issue. Please help us keep our properties that we love. We need to keep our short term rental properties as short term rentals . Thank you.
I oppose Councilmember Paltin’s amendment. My wife and I are part-time residents and condominium owners in Kihei for over 10 years. In the months we are here each year we support the local community by volunteering with several organizations on Maui. We and our short-term guests spend money in local businesses such as sandwich shops, restaurants, swap meets, performances and the like -- unlike island visitors who stay in resorts. We cannot continue to do this if STRs are no longer allowed in our condominium. Furthermore, our investment in our condominium -- which we purchased with the assurance it would be STR -- will be substantially reduced in value, affecting our security in our retirement years.
This bill will hinder recovery and further burden victims of the fire that depended on STR operations for their income. We need those jobs and income to return so victims of the fire can rebuild and get back to work and earn the income so not dependent on government support forever.
My condo in Kahana would go into foreclosure if I cant short term rent . I am a senior on fixed income. I have a maintenance payment of 1350 a month and a mortgage payment and high property tax of 8,000 a year.. I would be forced to rent my studio condo that I have owned for 20 years for over $5000 in a long term market which is impossible to do. I have tried to sell but cant due to this no short term rental issue. Please help us keep our properties that we love. We need to keep our short term rental properties as short term rentals . Thank you.