Philip Garboden

UHERO to collaborate with Honolulu in development of housing database February 21, 2023 We are excited to announce a new partnership between UHERO and the City and County of Honolulu to develop and maintain an Oʻahu housing database. Dr. Philip Garboden, HCRC Distinguished Professor in Affordable Housing/Economics, will take lead on the project for UHERO. The database will list all of the island's subsidized and price-restricted housing units… Read More
Justin Tyndall and Philip Garboden featured in Hawaii Business Magazine to discuss private equity landlords in Hawai’i January 4, 2023 Private equity firms have been buying rental properties in West O‘ahu. In an interview with Hawaii Business Magazine, UHERO's Justin Tydnall and Philip Garboden explain why private equity landlords’ practices differ from those of smaller landlords, and what impacts private equity landlords may have on local renters. “The reality is until we start building 10,000… Read More
UHERO’s Philip Garboden selected as a visiting scholar at the Russell Sage Foundation January 13, 2022 Congratulations to UHERO’s Philip Garboden for being selected as one of 14 scholars in the Russell Sage Foundation Visiting Scholars Program. While in residence at RSF in New York City, they will pursue research and writing projects that reflect the foundation’s commitment to strengthening the social sciences and conducting research "for the improvement of social… Read More
The HCRC Affordable Housing Endowment Annual Report of Activities July 1, 2021 In 2018, the University of Hawai‘i at Mānoa established the HCRC Professorship in Affordable Housing Economics, Policy, and Planning, thanks to the generous donations of the Hawai‘i Community Reinvestment Corporation (HCRC), American Savings Bank, Hale Mahaolu Central Office, the Hawaii Housing Development Corporation (HHDC), the Hawai‘i Island Community Development Corporation (HICDC), Hawaiian Electric Charitable Foundation,… Read More
November Rental Market: Troubling Signs Remain As State Prepares for an Uncertain 2021 January 14, 2021 By Philip ME Garboden This month, UHERO completed its second quarterly survey of rental property owners and managers (the first from August 2020 can be found here). Our primary goal is to understand how the rental market is fairing during the extended COVID-19 crisis. Are tenants increasingly struggling to make rent? Are rental property owners… Read More
Apartment buildings Estimating COVID-19 Induced Rental Housing Hardship in 2021 December 15, 2020 By Philip ME Garboden and Isabelle Picciotto Several months ago, UHERO estimated the impact of the COVID-19 induced economic downturn on renters in 2020. Much has changed since then, and generally not for the better. New outbreaks, both in Hawai'i and on the mainland, have worked against our hope for a steady and predictable economic… Read More
Apartment buildings The August Rental Market: Struggling Tenants and Rising Vacancies October 5, 2020 By Philip Garboden Last month, UHERO partnered with real estate groups across the state to launch a monthly survey of Hawaii’s rental property owners and managers. Our primary goal is to understand how the rental market is faring during the extended COVID-19 crisis. Are tenants increasingly struggling to make rent? Are rental property owners seeing… Read More
HCRC Annual Report of Activities – Year 2 October 1, 2020 Due to the generosity of the Hawaii Community Reinvestment Corporation (HCRC), I was able to begin service as the HCRC Professor in Affordable Housing Economics, Policy, and Planning in the fall of 2018. Since that time, I have been able to maintain a vigorous national research agenda, while simultaneously working to inform housing policy in… Read More
Apartment buildings UHERO Survey on the Impacts of COVID-19 on Hawaii’s Rental Properties September 4, 2020 UHERO has partnered with landlord and property management organizations to initiate a statewide data collection effort related to the impacts of the COVID-19 crises on our state’s rental housing. Our goal is to gather representative empirical data each month on 1) the number of rental households struggling to pay rent and 2) the number of… Read More
Waikiki Survey results for woman owned businesses August 26, 2020 By Philip Garboden and Isabelle Picciotto An update to the original survey results: These tables divide our findings by whether or not the business is 51% or more woman owned. With a few exceptions, the bulk of the evidence suggests that women owned business have been harder hit than those owned by men. As… Read More
Waikiki Kalakaua St Survey update shows widespread hardship for local businesses August 14, 2020 By Philip Garboden and Isabelle Picciotto Additional results for woman owned businesses: Three months ago, UHERO released findings from its initial survey of businesses in Hawaii. Now that the shelter-in-place order has been lifted and the kamaʻāina economy is open (at least for the moment), it seemed appropriate to consider what may have changed.… Read More
Event: The Coming Covid Eviction Crisis and How to Stop It July 6, 2020 The Coming Covid Eviction Crisis and How to Stop It Tuesday, July 28, 2020, 9:00 am Hawai‘i time Register and submit questions in advance HERE. Hawai‘i residents have long struggled with the elevated cost of housing and high rates of homelessness. Now the covid-19 recession is pressing more households to the edge. Join us to explore… Read More
Apartment building Honolulu Estimating the Need for Rental Assistance in Hawaii June 17, 2020 By Philip ME Garboden and Isabelle Picciotto Renters in Hawaii are at significant risk due to the economic downturn. Roughly 40% of all households in Hawaii rent their homes. They have significantly lower income than homeowners, with a median household income of $57,000 compared with $100,000 for homeowners. Their housing tenure is by nature less… Read More
Kakaako construction Early UI Data Reveals Differential Impacts of the Economic Shutdown June 10, 2020 By Justin Tyndall and Philip Garboden Two weeks ago the Hawaii Department of Labor and Industrial Relations released its monthly snapshot of individuals receiving unemployment insurance (UI) benefits. The data represents only the 69,729 individuals receiving benefits on April 12th, 2020.  Data is also presented at the county level, allowing for comparisons across our islands. Since the… Read More
Hilo County Results from Small Business Survey May 5, 2020 An update to original state-level survey results: The attached tables represent a county-by-county breakdown of the key statistics summarized in last week’s statewide analysis of the UHERO / Chamber of Commerce small business survey. Each table is weighted relative to the number of businesses in each sector in each county. The take home is… Read More