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.

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.

  • @FreezerBurn
    6•1 year ago

    I really hate that we know what is gonna happen and it makes me beyond sick to my stomach. A lot of people who are native to Maui are not going to afford to rebuild, because of vacationers and second home buyers. Investors and private equity is going to swoop in and offer what seems like giant sums to them but is pennies to the investors.