Just How Tight is Hawaii’s Rental Market?
Squeezed February 17, 2006It’s no secret that Hawaii is no paradise for renters. My friend’s studio apartment in the heart of downtown Honolulu draws over $1200.
But just how tight is Hawaii’s rental market? Lee Cataluna in the Honolulu Advertiser reports on a house in Kailua that put up a closet for rent on Craigslist. Yes, you read that right. A walk-in closet that’s probably big enough only for a twin bed and a nightstand. All for $100. And guess what? There were not one, not two, but 33 replies. And apparently a laundry room in the same house went for even more.
How someone can stand living in what is probably no more than an 8 x 10 ft space, I don’t know. But I guess it beats sleeping on the beach, I guess.
February 18th, 2006 at 8:15 pm
What is next? Renting space for yards and other household areas? I live in Public Housing – my rent is adjusted by my income. The waiting list is long. Yet, many abuse their rights and find themselves Homeless.
Yes, Hawaii’s Rental Market is very tight and will get tighter. Unfortunately there is no remedy close at hand. It will get worse.
Lynn