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 homes per year, we are going to see more outside investment in our real estate market,” says Garboden, “we’re going to see more people forced to move outside Hawai‘i.”
Read the full article by Hawaii Business Magazine here.
