Short-term vacation rental companies like Airbnb are changing the tourism industry – and quite possibly your neighborhood. Opponents of this phenomenon say illegal or “underground” vacation rentals drive up housing prices and change the character of neighborhoods. Airbnb proponents say it has stabilized Hawai‘i’s housing market.
There seems to be no end to the rising cost of living in Hawai‘i. The high prices of housing, groceries, gas and other necessities make it more and more difficult for us to live in today’s paradise.