HI HCR87

Urges U.S. Congress to propose a constitutional amendment allowing states to restrict residential real property purchases to bona fide state residents only.

Cites Hawaii's severe housing affordability crisis, with median home prices far exceeding residents' purchasing power due to out-of-state buyers acquiring properties as investments, vacation homes, or short-term rentals.

Notes that the Constitution's Privileges and Immunities Clause (Article IV, Section 2) currently prohibits states from limiting property purchases based on residency.

Argues Hawaii's geographic isolation, limited land availability, and distinct communities make it particularly vulnerable to external real estate speculation that displaces multi-generational residents.

Directs certified copies be sent to the U.S. Senate Majority Leader, Speaker of the U.S. House of Representatives, and Hawaii's congressional delegation.