If we're talking about housing for workers specifically, Hawaii ranks near dead-last on land-use freedom[0] among the fifty states; meaning that the state as a whole is like the San Francisco Bay Area, being very difficult to build housing to match demand[1].

This, too, is a policy decision, and fixing this one is both easier and would result in a more sustainable long-term wealth growth, compared to the state forcing the direction of the "surplus wealth" of economic endeavors.

[0]: https://cdn.freedominthe50states.org/download/2021/onesheet/...

[1]: https://www.mauinews.com/news/local-news/2022/04/uhero-hawai...