If you can grab some land for below market value, why not take it if the owners must part with it?

Why not knock down little kids and take their lunch money.

If the owner puts the property on the market, why shouldn’t others take advantage of that? Do you think that people should just give the owners money to rebuild out of the kindness of their hearts?

Predatory practices

How is it predatory if the owner puts their property up for sale? Do you think it’s always predatory when someone buys property from someone else?

The people of Lahaina lost everything in the fire. Many of them can’t afford to rebuild so now they’re forced to sell the property. So, yes, in this instance, I do call it predatory: someone making a profit of another’s loss.

I was considering purchasing property in the area BUT there is going to be a long wait for building supplies and contractors to do the work. It’s going to be quite some time before they bring the place back to what it was. Any purchaser will have to be willing to take a hit for some years.

Yet another reason for the poor people living there that have lost everything. For many it’s not their vacation rental, it was their primary and only home.

If someone is forced to sell their property, that doesn’t make the buyers predatory because they don’t decide to put the property up on the market. They just jumped at the chance to buy the property. The is the seller predatory if they hold out for the highest bidder?

Property the seller had no other choice, but to put on the market do to their dire situation. It’s the morality plot from 1000 old classic westerns. They are profiting off another’s misery.

If someone buys the residential property to build a home on, is that profiting off another’s misery? A lot of that property is going to sit unbuilt for awhile as people are waiting for supplies and contractors to do the work of rebuilding. Anyone that buys now will have to be able to wait to build

A lot of Hawaiians are being priced out of their own islands. I personally think it’s pretty fucked up. I think Hawaii and the rest of America would be better off if we got hedge fund managers and investment groups out of the housing market.