Maui law to phase out 7,000 vacation rentals by 2031 - The Business Journals
Summary
Maui is implementing a law to phase out 7,000 vacation rentals by 2031. This is a significant regulatory change that could impact hosts in Maui. Hosts need to be aware of this new law and how it affects their rental operations.
Key Insights
- •Maui law to phase out 7,000 vacation rentals by 2031.
Action Items
- ✓Hosts operating in Maui should research the specific details of the phase-out plan and how it affects their properties.Effort: mediumImpact: high
Watch Out For
- ⚠Failing to comply with the new regulations in Maui could lead to the inability to rent out your property.
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