Airbnb Is Making The Hawaiian Housing Crisis Worse

Airbnbs are often a great lodging option for vacationers, as they give the feeling of being a local and are usually cheaper than traditional hotels. While these short-term rentals are appealing to many, they significantly contribute to the U.S. Housing crisis. Airbnbs have played such a prominent role in this crisis that their impact was recently dubbed the “Airbnb effect.” In Hawai’i, laws had to be put in place to reduce the damage done by these popular vacation accommodations.