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.
That is actually an excellent point. Rich investors are going to descend on this situation like parasites.
I was telling my partner that this morning. What happens after this kind of event is a bunch of people with trauma are gunna sell for cheap just to get away from the reminders. This place is going to turn into a condo resort.
Sad but true. My partner and I had just started planning another trip there for October. Was such an awesome little place. I feel absolutely horrible for everyone there.
No need to worry. That’s exactly what will happen.
Reminds me of what happened to New Orleans after Katrina. I hope the people who actually lived there can continue to do so if they want.
Naomi Klein’s shock doctrine
