5/21/2023 0 Comments Airdna market minder![]() Honolulu Mayor Kirk Caldwell wants to regulate short-term vacation rentals on Oahu in a way that will result in several thousand of those homes being taken off the tourist market, including several hundred properties on Oahu’s North Shore and Windward side, a Civil Beat analysis indicates.īut since the measure also would for the first time allow several thousand short-term rentals in areas zoned for apartments, the net effect would be an addition of approximately 2,000 homes put back in the local market, data indicate.Ĭaldwell hopes the proposal will ease the housing shortage on Oahu by hoping many of those vacation rentals operated by absentee owners would go back into the local housing market, either as long-term rentals or if the owner sells them.
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