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Audrey Mcavoy

Audrey Mcavoy

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Maui mayor wants to restrict vacation rentals as locals suffer chronic housing shortage made worse by Lahaina fire—but economist sees ‘economic crash and burn’

He wants units rented long-term to Maui locals to address a chronic housing shortage that reached a new crisis point after last August's deadly...

25.06.2024 9

Fortune

Audrey Mcavoy

Hawaii court orders Bristol Myers Squibb and Sanofi to pay the state $916m in Plavix blood thinner lawsuit

The court found the companies failed to disclose the efficacy and safety of the medication, the state attorney general said Tuesday.

22.05.2024 50

Fortune

Audrey Mcavoy

Hawaii is famous for its macadamia nuts. Now lawmakers want brands to tell shoppers where they're not actually from the islands

It's the latest tussle over labels for agricultural products from a specific geographic area, a topic familiar to Hawaii due to long-running...

29.04.2024 10

Fortune

Audrey Mcavoy

The Lahaina fire leveled their home. Now the cheapest rental they can find is $10,000 a month

Maui and Kauai counties have lost residential housing because so much has been turned into short-term rentals. Now the government is cracking down.

22.04.2024 40

Fortune

Audrey Mcavoy

Hawaii lawmakers target Maui vacation rentals after Lahaina wildfire supercharges housing shortage and exorbitant prices

The Aug. 8 wildfire killed 101 people and destroyed housing for 6,200 families, amplifying Maui's already acute housing shortage.

22.04.2024 20

Fortune

Audrey Mcavoy

Blame Hawaii bureaucrats for the high cost of housing, local professors find in economic study

The median price of a new two-bedroom condo in Hawaii is $672,000, more than twice the nationwide average of $300,000.

05.03.2024 4

Fortune

Audrey Mcavoy

Hawaii governor struggles with tourist-driven housing market: 'I don’t want to be rude, but I do want people to realize that that market should be for our local families'

Gov. Josh Green has been unable to permanently resettle 5,000 families displaced by August's wildfire in Maui.

23.01.2024 20

Fortune

Audrey Mcavoy

Alaska Airlines grounds entire fleet of Boeing 737-9 Max after window blows out in midair, forcing emergency landing

It was virtually a brand-new version of the model that crashed twice in 2018 and 2019, killing 346 people and grounding all Max 8 and Max 9 planes for...

06.01.2024 10

Fortune

Audrey Mcavoy

Maui's tourists mean well. But they're traumatizing locals by asking about the devastating wildfire: ‘Unless you’re a therapist, I don’t want to talk to you about it'

Hawaii officials invited tourists back to Maui months after the Aug. 8 fire killed at least 100 people and destroyed more than 2,000 buildings.

29.12.2023 10

Fortune

Audrey Mcavoy

Maui is trying to strike the balance of rebuilding affordable homes and bringing back tourists—but visitors should be wary of aggravating wildfire trauma

“You’re at work for eight hours and every 15 minutes you have a new stranger ask you about the most traumatic day of your life. It was...

29.12.2023 30

Fortune

Audrey Mcavoy

Hawaii governor threatens to use 'hammer' to convert 3,000 vacation rentals to housing for newly homeless Maui wildfire survivors

Josh Green says 6,297 former Lahaina residents are still living in hotels, more than four months after the Aug. 8 wildfire.

18.12.2023 10

Fortune

Audrey Mcavoy

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