Requesting a study on the impact of federal housing allowances on Hawaii's rental market conditions.
The bill requests the Department of Business, Economic Development, and Tourism, in collaboration with the University of Hawaii Economic Research Organization, to conduct a study on the impact of federal housing allowances on Hawaii's rental market. The study will analyze the relationship between federal housing allowance rates and rental price trends, evaluate the effect of these allowances on rental prices, assess their influence on landlord pricing behavior, and compare rental price growth in areas with high concentrations of military households.
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