Editorial: Time is ripe for ‘empty homes tax’

Oct 04, 2024

Public opinion on the topic of an “empty homes tax” in Honolulu has shifted in recent years, as the cost of housing has skyrocketed nationwide — particularly in cities like Honolulu, which are attractive to investors who can move their money globally, and see the relative stability of the U.S. economy and Honolulu’s comparably low property tax rate as incentives.