Priced out of paradise.

Lahaina, Maui has already priced local residents out of paradise.

Governor Green of Hawaii is now saying he’s exploring moratorium on property sales in historic Lahaina that has been devastated into a burnt war zone. He hopes to prevent the permanent displacement of Hawaiians and local residents.

Governor, that affordable ship has sailed.

Does the Governor not know that Lahaina has already been invaded by out of state and foreign owners? Properties in the area and elsewhere are already priced at $1M and beyond. There are occasional properties below the $1M price range and small condominiums.

By and large, Maui has become very gentrified. It has also become the retreat place of the rich and famous.

Fortunately, some of its City Council members have been trying to protect its local residents from being priced out due to rising costs, including escalating property taxes.

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