Urges Congress to propose a constitutional amendment allowing states to restrict residential real property purchases to state residents.

Hawaii HCR87 urges Congress to propose an amendment to the U.S. Constitution to allow states to restrict the purchase of residential real property to bona fide state residents. The resolution highlights Hawaii's severe housing affordability crisis, exacerbated by high volumes of out-of-state purchases, which drive up home prices and limit housing availability for residents. The current Privileges and Immunities Clause in the U.S. Constitution prevents states from enacting such restrictions, prompting the need for a constitutional amendment to address the issue.

Urges Congress to propose a constitutional amendment allowing states to restrict residential real property purchases to state residents.

Hawaii HCR87 urges Congress to propose an amendment to the U.S. Constitution to allow states to restrict the purchase of residential real property to bona fide state residents. The resolution highlights Hawaii's severe housing affordability crisis, exacerbated by high volumes of out-of-state purchases, which drive up home prices and limit housing availability for residents. The current Privileges and Immunities Clause in the U.S. Constitution prevents states from enacting such restrictions, prompting the need for a constitutional amendment to address the issue.