Economists in Hawaii warn that residents who survived the wildfire that destroyed much of the Maui community of Lahaina might not be able to afford to live there after it is rebuilt unless officials alter the zoning laws and make other changes.
    • SlowNPC@kbin.social
      181·
      1 year ago

      “Market prices for this new housing are likely to far exceed the already high prices that existed in Lahaina before the fire. For renters, the old housing stock that was destroyed provided opportunities for reasonable rents,”

      I think this is the issue. Poor folks live in older buildings. Can’t rebuild new old, run-down cheap neighborhoods.