S.R. No. 106 Summary

• Urges Hawaii counties to develop tax policies that reduce vacant residential units and discourage speculative investment ("flipping") in residential properties.

• Identifies homelessness as a pressing social issue in Hawaii, noting climbing rates and the state's highest rates of renters and multi-generational households.

• Cites speculative residential investment as a factor contributing to Hawaii's highest housing prices in the nation and vacant units that could address housing shortages.

• Directs certified copies of the resolution to be transmitted to the mayor of each county.