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.
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.