November 17, 2022
November 15, 2022
November 11, 2022
As Hawaii’s high housing costs and rising property taxes continue to cost struggling residents looking to find and keep their homes, Maui is examining how to create long-term housing opportunities to ensure that local residents remain local. However, some solutions remain complicated.
As visitor numbers peaked last year, so did house prices. According to the Maui Real Estate Association, in September, the 12-month average house price in Maui rose to $ 965,000, a 26.7% increase from the previous year. This is in part due to the low housing stock, as well as demand from wealthy property investors outside the island.
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