• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Are Stocks Done Going Down? Don’t Bet on It

April 2, 2026

From Resumes to Salary Negotiations, Here’s How Gen Z Workers Rely on Parents

April 2, 2026

How to Retrain Your Brain to See Challenges as Opportunities

April 2, 2026
Facebook Twitter Instagram
Trending
  • Are Stocks Done Going Down? Don’t Bet on It
  • From Resumes to Salary Negotiations, Here’s How Gen Z Workers Rely on Parents
  • How to Retrain Your Brain to See Challenges as Opportunities
  • Elon Musk’s SpaceX IPO Could Rocket Him to Trillionaire Status
  • Why Entrepreneurs Can’t Ignore AI’s Growing Energy Demands
  • Don’t Let This ‘Tax Bomb’ Ruin Your Retirement: Expert Advice
  • More than 4 million children enrolled in Trump Accounts savings program, IRS says
  • America’s Commute Was Already Expensive. Then Gas Prices Surged.
Thursday, April 2
Facebook Twitter Instagram
Indenta
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Indenta
Home » Hawaii governor warns developers against predatory land buying in devastated Lahaina
News

Hawaii governor warns developers against predatory land buying in devastated Lahaina

News RoomBy News RoomAugust 17, 20237 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Hawaii Gov. Josh Green is warning developers from the mainland United States and around the world not to buy up land in the wake of catastrophic wildfires that have destroyed the historic town of Lahaina.

Green said in a video statement Tuesday said the Hawaii state government is considering acquiring land in Lahaina “to protect it for our local people so it’s not stolen by people on the mainland” U.S.

The wildfires have devastated Lahaina, a town in Maui of about 13,000 people. At least 106 people had died in the blaze as of Tuesday and thousands more are homeless. The inferno destroyed more than 2,700 structures at an estimated value of $5.6 billion, according to the governor.

The blaze is the deadliest wildfire in the U.S. in more than century and the worst natural disaster in Hawaii state history.

Green said last week that Lahaina will have to be completely rebuilt, a process that will take years. In the meantime, residents are worried that outside developers will swoop in to buy up the valuable land once the reconstruction process starts.

Lahaina carries deep historical significance for Hawaii’s native culture. The town was the capital of Hawaii in the early 19th century when the islands were an independent kingdom. The seat of government moved to Honolulu in 1850, several decades before the U.S. annexed the islands in 1898.

“We will be making sure that we do all that we can to prevent that land from falling into hands of people from the outside. It’s not easy to do in some cases,” Green said. “You can be sure I will not be allowing anyone to build or rezone or do anything of that sort if they’ve taken advantage of anyone here.”

Green said Monday that he has asked the state attorney general to explore options for placing a moratorium on sales of properties that have been damaged or destroyed during the wildfires.

The governor said in his Tuesday video that he also ordered the attorney general to embed lawyers at response centers to provide free legal advice to Lahaina residents to make sure they are not taken advantage of by people who make offers to buy their land in the wake of the blaze.

Maui is one of the most popular tourist destinations in the state, with nearly 3 million visitors spending about $5.7 billion on the island in 2022. But residents of the island struggled with a high cost of living and a housing shortage long before the wildfires struck.

Inventory for single-family home sales in Maui was down nearly 40% in July compared to the same period in 2019, according to data from the Realtors Association of Maui. The median price for a single family home in Lahaina was $1.3 million in July before the wildfires, according to the data.

Hawaii has the highest cost of living in the U.S. The state had the fourth highest homelessness rate in the nation in 2022, according to the Department of Housing and Urban Development.

Green said Tuesday more than 500 hotel rooms and 435 donated rentals are available to temporarily house people as Lahaina rebuilds. Airbnb will also provide more than 1,000 units, the governor said.

President Joe Biden declared a major disaster in Hawaii last week, which unlocked emergency assistance for the island. The assistance includes grants for temporary housing and home repair and low-cost loans to cover uninsured property losses.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

RSS Feed Generator, Create RSS feeds from URL

News November 1, 2024

X CEO Linda Yaccarino addresses Musk’s ‘go f—- yourself’ comment to advertisers

News November 30, 2023

67-year-old who left the U.S. for Mexico: I’m happily retired—but I ‘really regret’ doing these 3 things in my 20s

News November 30, 2023

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

News November 29, 2023

Americans are ‘doom spending’ — here’s why that’s a problem

News November 29, 2023

Jim Cramer’s top 10 things to watch in the stock market Tuesday

News November 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

From Resumes to Salary Negotiations, Here’s How Gen Z Workers Rely on Parents

April 2, 20261 Views

How to Retrain Your Brain to See Challenges as Opportunities

April 2, 20260 Views

Elon Musk’s SpaceX IPO Could Rocket Him to Trillionaire Status

April 2, 20260 Views

Why Entrepreneurs Can’t Ignore AI’s Growing Energy Demands

April 2, 20260 Views
Don't Miss

Don’t Let This ‘Tax Bomb’ Ruin Your Retirement: Expert Advice

By News RoomApril 2, 2026

Key Takeaways The ‘retirement tax bomb’ refers to the often unexpected tax burden that comes…

More than 4 million children enrolled in Trump Accounts savings program, IRS says

April 2, 2026

America’s Commute Was Already Expensive. Then Gas Prices Surged.

April 1, 2026

Why Your Manager Comes Off Cold — and Why That’s a Good Thing

April 1, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Are Stocks Done Going Down? Don’t Bet on It

April 2, 2026

From Resumes to Salary Negotiations, Here’s How Gen Z Workers Rely on Parents

April 2, 2026

How to Retrain Your Brain to See Challenges as Opportunities

April 2, 2026
Most Popular

How South Asian Brands Like Elements Foster Deep Connection This Diwali Season

October 20, 20254 Views

This Learning Platform Is a Lifetime Growth Hack and It’s on Sale for $19.97

March 30, 20254 Views

Micron Stock Slips on Weak Earnings

September 28, 20234 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 Inodebta. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.