Empty homes tax on Oʻahu owners could generate nearly $300M over a decade, study finds

An empty homes tax could net the City and County of Honolulu nearly $300 million in revenue over the first decade.

Months ago, the council asked consulting firm Ernst and Young if an empty homes tax on O’ahu could generate revenue for the city and bring more units into the local housing supply.

Mohammed Bhamani led the study and presented its findings to the council Tuesday…

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