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.
  • alienanimals@lemmy.world
    913·
    10 months ago

    Did they not have insurance? Shouldn’t they have ample money to rebuild? I don’t understand.

    • SlowNPC@kbin.social
      211·
      10 months 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.