Dec 24, 2011

Rent Controls needed in Honolulu?

According to the HHFDC website, a person earning 100% of the median income in Honolulu would pay $1,428/month for a studio. I think the HHFDC affordable rent amounts are probably close to if not higher than market prices; therefore i wonder whether affordability controls on Accessory Dwellings would be needed in Honolulu.

The table further states: 
*Please note that are market rents may be lower than these rent  guidelines.
**Monthly rent levels would include the cost of the following utilities: water, sanitary sewage services, electricity and gas (where applicable). Please refer to the Utility Allowance Schedule for each island.