HAWAII
01/28/2015 02:13 pm ET Updated Jan 28, 2015

Hawaii Rents Up More Than 10 Percent Since 2012

Spondylolithesis via Getty Images

The cost of renting a home in Hawaii has jumped at least 10 percent over the past two years, according to a new study. And given the lack of construction of affordable units, the state’s housing crisis is projected to get worse.

Hawaii real estate analyst Ricky Cassiday presented the results of his study on Hawaii’s rental market Tuesday to state lawmakers during an informational briefing at the Capitol.

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