A University of Hawaii report published this week found regulatory costs account for more than half of the price of a new condominium in Hawaii. Some are worried the migration of Native Hawaiians and other local residents could accelerate if the rebuilding of the wildfire-stricken Maui town of Lahaina makes housing there unaffordable for people from the community. The report from the university’s Economic Research Organization found the median price of a new two-bedroom condo in Hawaii is $672,000, more than twice the nationwide average of $300,000.
