Posted on 08/16/2023 8:59:42 AM PDT by EBH
On Monday, Hawaiian governor Josh Green announced that his administration was considering acquiring properties in the seaside resort town of Lahaina that had been destroyed by the recent wildfires.
He vowed to prevent foreign buyers from swooping in to exploit the tragedy, suggesting the state was better suited to take control of the land
"I'm already thinking of ways for the state to acquire that land so that we can put it into workforce housing, to put it back into families, or make it open spaces in perpetuity as a memorial to the people who were lost," Green said while standing amongst the rubble.
"We want this to be something we remember after the pain passes as a magic place. Lahaina will rebuild. The tragedy right now is the loss of life. The buildings can be rebuilt over time, even the banyan tree may survive, but we don't want this to become a clear space where then people from overseas just come and decide they're gonna take it. The state will take it and preserve it first."
In a separate press conference, Green reiterated his committment to ensure the land was protected for residents,
(Excerpt) Read more at thepostmillennial.com ...
WTF?
15 minute city?
I don’t get this.
Why wouldn’t property owners rebuild, or sell, as they desire? Why does the state have to intervene in the first place? Why wouldn’t property owners decide what to do with their properties?
.
What am I missing?
What’s next?
A Wind Turbine City.
Then they’ll sell it to Larry Fink.
Intentional? Doubtful. Dems and Hawaiians aren’t that smart. But. Never let an opportunity go to waste.
I'm guessing this is a bailout for the property owners.
Really, what's the land worth right now? Probably not a lot. The state will likely pay higher than the current market value.
Exactly? Isn’t this up to the property owners or insurance companies?
Seems just a bit too convenient.
I expect the state to force buy outs or just outright seize by imminent domain. Can’t let the peasants own that prime waterfront.
How lucky for them there was a fire
Dang that didn’t take long. Hawaiian’s getting screwed again
God bless big government and climate change :p
biden is offering a whopping $700 in assistance?
Seriously something is way wrong here beyond the fires
Translation, state buyouts???
Has anyone heard From Dog the bounty Hunter on this ?
Likely they will just refuse to insure new single family homes. Same difference as foreclosure really.
It’s an opportunity to take it out from under them. Right now the land is about as cheap as it’s ever going to get and the owners have lost so much they might feel pressured to sell just to get back on their feet. So right now is a perfect opportunity to hit them with eminent domain and give them an offer they can’t refuse.
Which if you can’t get insured...no loans
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