Hawaii’s housing shortage now has a number — nearly 66,000 housing units are needed over the next ten years. What happens next? We get more from Pacific Business News Editor in Chief A. Kam Napier.
According to the state department of business, economic development and tourism – Hawaii needs a massive home building campaign just to catch up with the natural demand of a steadily growing population. Statewide, the number is nearly 66,000. On Oahu, almost 26,000 housing units will be needed by 2025.