• SlowNPC@kbin.social
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      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.

        • KoboldCoterie@pawb.social
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          1 year ago

          Your questions didn’t upset me; they’re answered plainly in the article you’re responding to.

          The issue isn’t people who own the property not being able to rebuild, the issue is people who were renting there likely being unable to afford to rent there after it’s rebuilt, because the prices were previously low due to the age of the buildings, and it’s almost entirely not zoned for multi-family dwellings.

          If you aren’t even going to read the article you’re talking about, how are we supposed to interpret your questions, if not as being stupid?