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Lahaina residents worry a rebuilt Maui town could slip into the hands of affluent outsiders (apnews.com)

submitted 1 year ago by stopthatgirl7@kbin.social to c/news@kbin.social

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The cost to live in Lahaina on the Hawaiian island of Maui keeps rising thanks to a chronic housing shortage and an influx of second-home buyers and wealthy transplants snatching up properties.

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[–] mateomaui@reddthat.com 16 points 1 year ago (1 children)

If we just banned housing sales to non-full time residents, this would probably work itself out in time, but that would make too much sense.

[–] div@kbin.social 5 points 1 year ago (1 children)

Exactly, get corporations out of the housing market. It's a joke that there hasn't been any legislation about this when it is such a big problem. Those in charge do not care, if it effected their investments it would be illegal tomorrow.

[–] mateomaui@reddthat.com 3 points 1 year ago* (last edited 1 year ago)

Unfortunately it’s not just corporations, it’s also individuals coming over to buy second (or third, fourth) homes to rent while they’re not here, or just straight up buy properties to turn into short-term vacation rentals, or overpriced long-term rentals. Both of which fuck over residents.

[–] bedrooms@kbin.social 8 points 1 year ago

Those people who use this disaster as an opportunity to enrich themselves should go to hell in their afterlife.

[–] rafoix@kbin.social 7 points 1 year ago

Take care of the locals first.