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Hawaii News

Vacation rentals: Oahu supply dropping amid city crackdown

CRAIG T. KOJIMA /CKOJIMA@STARADVERTISER.COM
                                A mainland investor who bought this home at 28 Hanapepe Loop for $2.3 million sued the seller, broker and property manager in October for not disclosing that home is an illegal transient vacation rental. The number of vacation rentals on Oahu dropped in October, the second month of declines since a city crackdown on illegal rentals took effect.
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CRAIG T. KOJIMA /CKOJIMA@STARADVERTISER.COM

A mainland investor who bought this home at 28 Hanapepe Loop for $2.3 million sued the seller, broker and property manager in October for not disclosing that home is an illegal transient vacation rental. The number of vacation rentals on Oahu dropped in October, the second month of declines since a city crackdown on illegal rentals took effect.

<strong>“Absolutely, you can make the connection that dropping vacation rental supply on Oahu is due to vacation rental regulations.”</strong>
                                <strong>Erik Kloninger</strong>
                                <em>Consultant, Kloninger & Sims Consulting LLC</em>
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“Absolutely, you can make the connection that dropping vacation rental supply on Oahu is due to vacation rental regulations.”

Erik Kloninger

Consultant, Kloninger & Sims Consulting LLC

CRAIG T. KOJIMA /CKOJIMA@STARADVERTISER.COM
                                A mainland investor who bought this home at 28 Hanapepe Loop for $2.3 million sued the seller, broker and property manager in October for not disclosing that home is an illegal transient vacation rental. The number of vacation rentals on Oahu dropped in October, the second month of declines since a city crackdown on illegal rentals took effect.
<strong>“Absolutely, you can make the connection that dropping vacation rental supply on Oahu is due to vacation rental regulations.”</strong>
                                <strong>Erik Kloninger</strong>
                                <em>Consultant, Kloninger & Sims Consulting LLC</em>