These Are The Billionaires Buying Hawaii

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  • Опубликовано: 25 ноя 2024

Комментарии • 1 тыс.

  • @chad9971
    @chad9971 9 месяцев назад +760

    If you have something beautiful, rich people will always come in and take it away. As a Jamaican, I would know.

    • @Synoopy2
      @Synoopy2 9 месяцев назад +33

      The resorts are killing commerce for the average Jamaican who used to profit. Now the tourist don't even step outside the resorts because the resorts are all inclusive.

    • @bastymanguy
      @bastymanguy 8 месяцев назад +35

      @@Synoopy2 no it’s because they’re afraid of getting robbed and harassed by certain locals

    • @bastymanguy
      @bastymanguy 8 месяцев назад +11

      I see, so when the white man left the island long ago, the blacks got the island for themselves, apparently that’s not good enough for you. New problem is: Now ‘rich people’ took the beautiful thing away, as you said. They only blocked off beaches the hotels are built on, I guess that’s what you’re referring to.

    • @chudcel99
      @chudcel99 8 месяцев назад +14

      lmao. jamaicans should be greatful for all this!!! we rich foreigners give you jobs. you should be greatful for every penny we give you

    • @covfefe1787
      @covfefe1787 8 месяцев назад +12

      @@utubechannel3846 what indigenous people Jamaica has no indigenous people.

  • @Allinmyworld
    @Allinmyworld 9 месяцев назад +390

    This has been going on for decades since the Big 5 owned and operated in Hawaii. Owning Hawaii has deep deep roots and pockets.

    • @hyphydan
      @hyphydan 9 месяцев назад

      Wrong, Asian Settler Colonists own Hawaii

    • @bigislandbeach69
      @bigislandbeach69 9 месяцев назад +4

      LOL 'ae and not as reported in this article

    • @WaterspoutsOfTheDeep
      @WaterspoutsOfTheDeep 9 месяцев назад +9

      And this is no different than the land owned everywhere else in the USA essentially. This is not a Hawaii issue. Everyone wants to own their house and land.

    • @SmashingTacoz
      @SmashingTacoz 9 месяцев назад +1

      yeah and everyone and the molepo wants to be one chief

    • @user33housecats
      @user33housecats 9 месяцев назад +2

      yes, land is power in Hawai'i

  • @BIoknight000
    @BIoknight000 9 месяцев назад +500

    Hawaii should dramatically increase land taxes on owners greater than 100 acres and publicize a land registry so that these billionaires can't obfuscate their holdings in layers and layers of LLCs. If possible they should force sale of this land to the State so it can be publicly owned and cared for instead of squirreled away by greedy parasites

    • @S0ulinth3machin3
      @S0ulinth3machin3 9 месяцев назад +35

      not allowing corporate entities or partnerships to own property would require a change in federal law. You can't do that at the local level.

    • @BIoknight000
      @BIoknight000 9 месяцев назад

      That's not what I said. Read again. My suggestion was to publicize a land registry so the ultimate ownership of any land is known. What happens now is that any time a billionaire buys land or property they found a LLC with a generic name and that LLC is then owned by another generic company which itself is owned by another generic company. They hide through layers and layers of bullshit. That's unacceptable.@@S0ulinth3machin3

    • @Carlos-on4fz
      @Carlos-on4fz 9 месяцев назад +44

      I was with you until the "states should own and care for" part.

    • @bsdgffishtuna5186
      @bsdgffishtuna5186 9 месяцев назад

      but increasing taxes 10x on land over 50 acres is totally within the state's authority.@@S0ulinth3machin3

    • @WaterspoutsOfTheDeep
      @WaterspoutsOfTheDeep 9 месяцев назад +13

      And this is no different than the land owned everywhere else in the USA essentially. This is not a Hawaii issue. Everyone wants to own their house and land.

  • @S0ulinth3machin3
    @S0ulinth3machin3 9 месяцев назад +350

    If Hawaii wanted to avoid this, they should have a maximum parcel size. If you have giant tracts of land in a beatiful environment, then of course it's going to be the wealthiest people who end up owning it.

    • @davidb2206
      @davidb2206 9 месяцев назад +20

      INCREASE the property taxes for anything above 2 acres, a normal family living space.

    • @san6788
      @san6788 9 месяцев назад

      It's almost like there's groups or individuals that are out there too somehow wine and perhaps dine politicians in order to get what a small group of individuals want

    • @S0ulinth3machin3
      @S0ulinth3machin3 9 месяцев назад +11

      @@davidb2206 ummmm . . . . that would actually exacerbate the problem. You and I would never be able to afford the taxes.

    • @davidb2206
      @davidb2206 9 месяцев назад +4

      @@S0ulinth3machin3 How would it exacerbate the problem if I live on ONE acre or less and so my property taxes are reduced or eliminated? Did you not understand the proposal? Only taxes would go up for those owning a parcel/deed of MORE than 2 acres. As they should.

    • @S0ulinth3machin3
      @S0ulinth3machin3 9 месяцев назад +11

      @@davidb2206 it would exacerbate the problem of wealthy people owning all the large parcels. They're the only ones who can afford it now, if the government makes it more expensive to own a large parcel, then it amplifies it.
      That's making the assumption that raising taxes on large parcels is with the purpose of trying to make the distribution of land more equitable.

  • @matthews1256
    @matthews1256 9 месяцев назад +105

    Man the world is fucked beyond repair.

    • @PCPC-z4t
      @PCPC-z4t 8 месяцев назад +4

      @EuroWarsOrg That's not what he is implying here..come on........

    • @Sundream_65
      @Sundream_65 2 месяца назад +2

      I am literally crying after learning about this. These people are evil evil people 😢😢. How can they sleep at night.

    • @Anekiii
      @Anekiii 29 дней назад

      It's available to the highest bidder...

  • @Milestonemonger
    @Milestonemonger 9 месяцев назад +361

    We live in Waikiki, and we pay $5000 a month for a one bedroom. The prices here are insane.

    • @sleepy670
      @sleepy670 9 месяцев назад +51

      You're paying too much. Tons of one bdrms available for half that or less.

    • @time2132
      @time2132 9 месяцев назад +4

      I mean it's a nice island so the price makes sense.

    • @brentsmelser
      @brentsmelser 9 месяцев назад +16

      Move

    • @fu9793
      @fu9793 9 месяцев назад +17

      How can you afford? Jobs there must pay well.

    • @Frenchieeeee
      @Frenchieeeee 9 месяцев назад

      pay isn't good in oahu.@@fu9793

  • @lanilovezz
    @lanilovezz 9 месяцев назад +93

    As a Hawaiian, this makes me so sad for Hawaiians. I know so many people who have moved away, myself included, to be able to start our career and hopefully make it back home with a good chunk of money at a decent age. If we had stayed, it'd take so long to be able to afford it

    • @porothashawarma2339
      @porothashawarma2339 9 месяцев назад +8

      That is just sad , you need more laws to restrict the buying the of land by non-natives .
      Non-hawaiian residents shouldn’t be able to buy whereever they want - there should be designated zones and fixed area they can buy per individual.

    • @donnagelina8548
      @donnagelina8548 9 месяцев назад +1

      How many years do you have till then?

    • @glaznflip1501
      @glaznflip1501 9 месяцев назад +2

      I feel the same way, I left home with hopes of returning back to live my final days there. :( these billionaires can buy up hawai’i but they will never be welcome to our community…

    • @lanilovezz
      @lanilovezz 9 месяцев назад

      @@donnagelina8548as house prices go up each year, that finish line keeps moving. until i can afford a $1 million home comfortably, i cannot move home :/

    • @hyphydan
      @hyphydan 9 месяцев назад +2

      Blue Eyed Hawaiin 🤙🏻🤔

  • @robbcervss595
    @robbcervss595 9 месяцев назад +16

    What is happening in Hawaii is disgusting and in human

  • @saraxdouglas8577
    @saraxdouglas8577 9 месяцев назад +91

    Yeah billionaires are buying up Hawaii but who is selling it.....!?

    • @hodisfut
      @hodisfut 8 месяцев назад +8

      Locals. Who else? A local owns half an acre, another a whole acre, then comes a billionaire and offers them millions for their small patchs and put them together to create a ranch or compound or whatever

    • @Tigertame4
      @Tigertame4 8 месяцев назад +5

      @@hodisfut Yup and that is how it is.

    • @ricksmith4736
      @ricksmith4736 8 месяцев назад +1

      Hopefully they are buying out the Japanese.....

    • @christianamor8828
      @christianamor8828 8 месяцев назад +7

      Lahaina victims. After their neighborhood was torched down by energy directed weapons.

    • @icedriver2207
      @icedriver2207 8 месяцев назад +6

      Don't forget how little the US government did for the citizens of Lahaina. This was probably just to force them to sell.

  • @mathieust-louis2893
    @mathieust-louis2893 9 месяцев назад +211

    Hawaii has the lowest property taxes in the nation. It makes zero sense why, a place where land is so limited. We barely tax the land and encourage foreign investment with our low taxes while we tax the working man into oblivion.

    • @bob15479
      @bob15479 9 месяцев назад +9

      perhaps they don't need it because of taxes on tourism revenues? hiking property taxes is only going to hurt ordinary hawaiian.

    • @muazunais2378
      @muazunais2378 9 месяцев назад +2

      cuz foreign investments brings value it gives a high returnbut a working man doesn't, it's the unfortunate reality

    • @tw238
      @tw238 9 месяцев назад +2

      It makes a lot of sense. They must keep property taxes are low, because cost of living is among, if not the highest in the country. Most locals cannot afford to own property & have to work 2-3 jobs to make it. So higher property taxes would even further exclude the local population from home ownership.

    • @glaznflip1501
      @glaznflip1501 9 месяцев назад +1

      Crazy to think for a blue state.

    • @ac1455
      @ac1455 9 месяцев назад +2

      ⁠@@tw238but at the same time, if all the value being poured in is tied to real estate, the low property tax means it’s more profitable to invest in real estate rather than other ventures which would pay higher salaries

  • @cldude691
    @cldude691 8 месяцев назад +16

    It's not for a playground.. it's a safe haven for when everything goes bad on the mainland due to the things they are doing.

  • @brandonobody
    @brandonobody 8 месяцев назад +72

    You can't tell me that fire just happened.

    • @MsJellyBellyLove
      @MsJellyBellyLove 8 месяцев назад

      Colonizer controlled agriculture set the stage for dry lands.

    • @Frank-r3y2i
      @Frank-r3y2i 8 месяцев назад +5

      Fires do just happen, but not this one look at the film clips of the fire they said 80 mph winds but then they show people in the ocean to escape the fire and there's no waves.

    • @stephaniewilliams9469
      @stephaniewilliams9469 8 месяцев назад +5

      DEW

    • @johnnyrebel3340
      @johnnyrebel3340 7 месяцев назад +1

      Absolutely..... 💯 the D&C is completely to blame at this point.

    • @paulvon2378
      @paulvon2378 6 месяцев назад +1

      WHAT ARE YOU SAYING BRO?

  • @WeylandLabs
    @WeylandLabs 9 месяцев назад +263

    You would think they would be helping the Hawaiian natives to make the islands more sustainable for them also.

    • @haobaba
      @haobaba 9 месяцев назад

      You would think that unless you realize that no good people horde billions for themselves.

    • @markuse3472
      @markuse3472 9 месяцев назад +11

      @TRB-yg4ph To preserve the Native population. It's a humane and civil and life-saving endeavor.
      But you wouldn't care for such charity and a safer planet.

    • @oahujuniorgolfassociationc6656
      @oahujuniorgolfassociationc6656 9 месяцев назад +43

      You don’t understand how billionaires only care about themselves. Even when they give is to make themselves look good. Maybe save in taxes or something.

    • @warmpabst
      @warmpabst 9 месяцев назад +19

      @@markuse3472 he meant what would that gain them? They became billionaires from being greedy not charitable

    • @tuckerbugeater
      @tuckerbugeater 9 месяцев назад

      yes, let's give stuff to whiny victims who offer nothing to humanity. @@oahujuniorgolfassociationc6656

  • @michaelscot4816
    @michaelscot4816 8 месяцев назад +22

    Volcanoes don't care how rich you are! 😂

    • @paanne1013
      @paanne1013 8 месяцев назад +1

      So true!

    • @manoamana67
      @manoamana67 26 дней назад

      Land near volcanoes is cheap. The rich do not buy that land, only the poor (mostly poor mainland transplants) live in that area.

  • @Kuziai
    @Kuziai 9 месяцев назад +67

    High prices, fires will push peasants outside Hawaii so I the rich folk can live. Thank you for voting

    • @johnwilliams3555
      @johnwilliams3555 8 месяцев назад +1

      Any news on Lahaina?

    • @Kuziai
      @Kuziai 8 месяцев назад +1

      @@johnwilliams3555 everyone forgot lahaina. Now we can start buying land

    • @johnwilliams3555
      @johnwilliams3555 8 месяцев назад

      @@Kuziai Are people selling or will they re-build?

    • @kanakamokunui1039
      @kanakamokunui1039 8 месяцев назад +1

      Native Hawaiians just waiting for the next disaster to stop further development

    • @scratthesquirrel5242
      @scratthesquirrel5242 8 месяцев назад

      very coincidental fire

  • @laydsimba
    @laydsimba 8 месяцев назад +9

    Now I understand why Hawaii is completely unaffordable to both live in AND visit. So sad.

  • @bsdgffishtuna5186
    @bsdgffishtuna5186 9 месяцев назад +43

    increasing taxes 10x on land over 50 acres is totally within the state's authority.

    • @Ralphfili
      @Ralphfili 8 месяцев назад +1

      What caring nice things do you think the property owners would do 'for' their tenants if that were to happen?

    • @UCiWrMgES50tlUhV3l6NqjNA
      @UCiWrMgES50tlUhV3l6NqjNA 8 месяцев назад +1

      @@Ralphfilitheyd lose their wealth quickly and end up having to resell the property

    • @ItsNotMeItsYou007
      @ItsNotMeItsYou007 8 месяцев назад

      @@Ralphfili No one wants to be tenants. They want to be home owners.

  • @thedrunkweddingphotographer
    @thedrunkweddingphotographer 9 месяцев назад +28

    Remember when you called everyone "far right conspiracy theorist Trumpers" for saying this exact same thing minutes after the fire ????

  • @mopthermopther
    @mopthermopther 9 месяцев назад +206

    The locals are being
    pushed into the sea.

  • @e.gadd.1
    @e.gadd.1 9 месяцев назад +15

    Its gratifying to know the choicest of pristene lands are reserved to be enjoyed exclusively by the richest among us.
    And now... back to the mines

  • @caseygroves3046
    @caseygroves3046 9 месяцев назад +67

    I knew this video would be legit when I heard the marimbas at the beginning.

    • @pearpo
      @pearpo 8 месяцев назад +3

      lol

    • @EternallyGod
      @EternallyGod 8 месяцев назад +1

      They sold the land, but now after getting money from the land they want it back to sell again.

    • @Satwamassive
      @Satwamassive 8 месяцев назад +2

      Agreed.....marimbas are a very serious sound that conveys extreme levels of seriousness.

  • @jethin37
    @jethin37 9 месяцев назад +49

    There’s just no way Oprah got 850 acres of Hawaii for 6.4 million dollars. That’s 7500$ an acre, that’s just robbery. Whoever is selling at those prices please show those offers to non billionaires or someone who is willing to pay a reasonable price

    • @averyhayden
      @averyhayden 8 месяцев назад +10

      A lot of them bullied locals into selling their land after the fires when they lost everything/struggled to rebuild. It was a whole controversial thing back then with locals going online talking about it then getting their posts taken down.

    • @johnsmith-un2mx
      @johnsmith-un2mx 8 месяцев назад +6

      she burned it first.

    • @yaimavol
      @yaimavol 8 месяцев назад +7

      @@johnsmith-un2mx Yep, and there are still a lot of kids missing. The whole thing was very weird and strange

    • @margaretglowacki5749
      @margaretglowacki5749 7 месяцев назад

      @@johnsmith-un2mxher land is on the other side of the island

  • @tallyholightguy5353
    @tallyholightguy5353 9 месяцев назад +12

    Farming cattle is so unsustainable when there isn't that much land for natives to live on

    • @gregcarter8656
      @gregcarter8656 8 месяцев назад +5

      Beef is totally un-necessary in Hawaii anyway.
      Hawaiians lived here for centuries with no cattle whatsoever.

  • @clintstuckey
    @clintstuckey 9 месяцев назад +20

    It has been the land for the rich for such a long time, not just high earners who work a high paying job, but the rich that have won the game and live off their wealth, so expensive to even just visit.

    • @k.e.becquer4681
      @k.e.becquer4681 8 месяцев назад

      They usually "have won the game" by exploiting others, think Jeff Bezos.

  • @madilinkenmeyer
    @madilinkenmeyer 9 месяцев назад +55

    This was very informative. Can you do something similar for farmland? Billionaires and millionaires buying it up and the "middle class" renting it.

    • @cd3949
      @cd3949 9 месяцев назад

      This is the way forward, unfortunately. Feudalism 2.0. You will own nothing and be happy.

    • @2011blueman
      @2011blueman 9 месяцев назад +2

      Farmland is slightly different because farming is a classic economies of scale situation were small family farms can simply no longer compete. You either grow into a large farming operation or your farm dies off and is bought by one of those large farming operations.

    • @ItsNotMeItsYou007
      @ItsNotMeItsYou007 8 месяцев назад +1

      @@2011blueman Yet there are people making a living on a couple of acres.

  • @k2a1991
    @k2a1991 8 месяцев назад +7

    As long as those uber rich buy islands, i as a Dutch person don't worry about rising sea levels.

  • @inboxnews
    @inboxnews 9 месяцев назад +77

    You will eat bugs, own nothing, and be happy.
    ~Suckerbug

    • @tuckerbugeater
      @tuckerbugeater 9 месяцев назад

      @@redmoondesignbeth9119 Zuckerberg is mapping every cell in the human body. What have you ingrates done lately?

    • @unggoy8564
      @unggoy8564 8 месяцев назад +6

      Klaus S.

    • @raclark2730
      @raclark2730 8 месяцев назад +2

      Yeah that's the bond villian Euro trash one. He better not start that though, now we know about his little ranch.

    • @hjqw1pe
      @hjqw1pe 8 месяцев назад +1

      People complain about capitalism and then continue to support it.

    • @god6384
      @god6384 8 месяцев назад +2

      suckerberg also wants to know what you eat at dinner. So post it now!!!

  • @Karnage007
    @Karnage007 8 месяцев назад +10

    Ironic that the fire didn't burn any millionaires homes.

  • @mondoenterprises6710
    @mondoenterprises6710 8 месяцев назад +6

    Bring back the Eisenhower era tax rates on the 1%, 50% tax rate and rebuild the country for the sake of the country.

    • @Tigertame4
      @Tigertame4 8 месяцев назад

      That does not work as England discovered, their one percent left.

  • @grafando
    @grafando 8 месяцев назад +3

    This is happening across the entire country, just at a slower rate. Federally, something needs to be done to stop this.

  • @zachariusziegler
    @zachariusziegler 9 месяцев назад +9

    The continuous music makes it too difficult to listen to the narrator.

    • @thewhitewizard1320
      @thewhitewizard1320 8 месяцев назад +1

      Maddening ! Happens everywhere unfortunately ....

  • @First1ToComment
    @First1ToComment 9 месяцев назад +95

    At least they didn't use that reporter who was blasted and partying the night before ! 😂

    • @ForzaMilan-07
      @ForzaMilan-07 9 месяцев назад +5

      Which video was that?

    • @RubzNotNice
      @RubzNotNice 9 месяцев назад +9

      @@ForzaMilan-07 this one lol - i feel like this is going to become a common comparison (of whoever is narrating) on all the Forbes videos going forward LOL
      ruclips.net/video/Edu6hFqpWbg/видео.htmlsi=RfHvgW4_efL1kvUA

    • @cococornhuskyy
      @cococornhuskyy 9 месяцев назад +7

      it sounds like she's reading this for the first time...

  • @privatepilot4064
    @privatepilot4064 8 месяцев назад +5

    So that’s what the Maui “wildfire” was all about?

  • @thomassadler2071
    @thomassadler2071 8 месяцев назад +6

    Eat the rich is really starting to sound more and more appealing.

  • @joseh3564
    @joseh3564 8 месяцев назад +3

    Why not? They already bought the majority of politicians.

  • @stankwho
    @stankwho 9 месяцев назад +120

    Theyre building Elysium to shelter themselves from the AI and robot apocalypse.

  • @christovitchjames5612
    @christovitchjames5612 9 месяцев назад +23

    If only there was a way for them to clear up the existing real estate in a very short time period.
    But who knows?
    🔥

  • @dajosee
    @dajosee 9 месяцев назад +3

    In order for people to buy land, it takes others to sell it . Stop selling it.

  • @vooteimer1234
    @vooteimer1234 9 месяцев назад +54

    Keep some distance. It'll be important in the future that they're untouchable. 🔦

    • @petrektek1385
      @petrektek1385 9 месяцев назад

      ​@@boyblue3270can't you see it? There will be a revolution against the power. They want to cancel us, they are already trying to replace us with AI and robots. The only way it'll fight for our rights.

  • @craigpennington1251
    @craigpennington1251 8 месяцев назад +2

    What a fabulous & true video. Best of wishes to you, Phoebe Liu.

  • @danielcarter491
    @danielcarter491 8 месяцев назад +6

    Case in point, the Island of Bermuda. The rich own that Island as well. There are not many hotels in Bermuda for that reason and not much for a tourist to see or do there. It's only good as a stop over for cruise ships.

  • @TTOS69
    @TTOS69 9 месяцев назад +24

    Everyone of these videos the presenter sounds and looks like AI

  • @unkopower7899
    @unkopower7899 9 месяцев назад +7

    gotta start making man made islands for the locals to live. the workers that serve the rich will need somewhere to live.

  • @KingStix
    @KingStix 8 месяцев назад +4

    cattle on an island what a great use of space

  • @j.cobbin4638
    @j.cobbin4638 9 месяцев назад +8

    Insightful. Thank you.

  • @h4n4219
    @h4n4219 9 месяцев назад +21

    Is the narrator for this video AI generated? I’m getting some uncanny valley from the video.

    • @PurpleProjects
      @PurpleProjects 9 месяцев назад +2

      Yeah probably ai, no breathing and same tone

    • @BaldMancTwat
      @BaldMancTwat 9 месяцев назад +3

      It's because she is barely moving her lips. Most CGI characters are obvious because of their poor lip movement.

    • @Provocateur193
      @Provocateur193 9 месяцев назад +3

      Yes it does look and sound a bit AI.

    • @nancyneyedly4587
      @nancyneyedly4587 8 месяцев назад +2

      Her name is Phoebe Liu, reporter, real person.

    • @selectionn
      @selectionn 8 месяцев назад +2

      @@nancyneyedly4587 weird how they chose complete dogshit for recording the audio considering they are a massive corporation. sounds like garbage and the reporter has zero emotion.

  • @kianlee3138
    @kianlee3138 9 месяцев назад +41

    This is their road to escape from law enforcement for any behind the scenes stuff

  • @smokeyangelav
    @smokeyangelav 8 месяцев назад +2

    This is not unique to Hawaii. It's happening everywhere there's a vacation destination.

  • @TheFiown
    @TheFiown 8 месяцев назад +5

    And the fire was an accident, yup !

  • @BongRipBing
    @BongRipBing 8 месяцев назад +7

    100% tax on billionaires. 1 billion is enough money for a single person.

    • @ItsNotMeItsYou007
      @ItsNotMeItsYou007 8 месяцев назад

      Governments just steal and waste it.
      No income tax. Just land tax. Evens out for regular people but it would make it less desirable as an investment which would make it cheaper so less tax.
      Makes working worth it and investing in land, not so much.

  • @seashellmac1968
    @seashellmac1968 8 месяцев назад +6

    PS Zuckerbucks is building a HUGE bunker below ground.. why???? ummmm does he know something most of us don't?

  • @olyokie
    @olyokie 8 месяцев назад +1

    France dealt with their royals problem quite efficiently in 1789.
    We can still learn from history….

    • @paanne1013
      @paanne1013 8 месяцев назад

      They sure did!

  • @jasminerosewater3891
    @jasminerosewater3891 9 месяцев назад +3

    disgusting, I hate the ruling class

  • @TRUTHRULES777
    @TRUTHRULES777 8 месяцев назад +1

    Thank you Forbes!

  • @Mallorca1005
    @Mallorca1005 8 месяцев назад +5

    Same thing is happening in Puerto Rico. Housing prices have skyrocketed since 2017 after hurricane Maria.

  • @mv2873
    @mv2873 8 месяцев назад +2

    they are probably relocating because here in the states it will probably be a sh$tshow

  • @taiyoctopus2958
    @taiyoctopus2958 9 месяцев назад +4

    idk why voters in hawaii elect ppl into state positions who continually allow this to happen. This has been an ongoing problem for years, and not just billionares, just people with wealth in general who can afford vacation homes or properties with intent to make it a profitable air bnb, they push out the average working class Hawai'i resident & the native Hawaiian people.

  • @hannahmondry4678
    @hannahmondry4678 8 месяцев назад +1

    There is a very simple solution, and it's called: legislation.

  • @bodhitkunwar2731
    @bodhitkunwar2731 9 месяцев назад +9

    People don't even realize this is an AI video

    • @VinyZikss
      @VinyZikss 9 месяцев назад +1

      Lol it isn't

  • @ericbaese3038
    @ericbaese3038 8 месяцев назад +2

    Yep. Screw these people.. I hike on their property all the time!

  • @snicklefritzed
    @snicklefritzed 8 месяцев назад +3

    Mars property isn't even for sale yet and these guys already own a %

  • @KimSmith-b9v
    @KimSmith-b9v 8 месяцев назад +1

    Well done, Forbes!

  • @pamelawing5747
    @pamelawing5747 8 месяцев назад +3

    Right no Hawaii is hurting so a great opportunity for the Vultures to swoop. There is a housing shortage for local people,.

  • @pinegd1
    @pinegd1 8 месяцев назад +2

    How dare rich people buy stuff! We should all be equally poor. - Karl Marx

  • @Bwmblairdoc
    @Bwmblairdoc 9 месяцев назад +58

    When Hawaiians complain that they are being priced out of the market , what they fail to recognize is that the same is happening to every other coastal community in America. I live in a beach town on the east coast and my house is 3x higher than when I bought it 7 years ago (due to rich NYC people buying away from the city). If I was 20 years younger trying to buy a first home I would just have to work 3x harder and smarter to make enough $.

    • @wthomas5697
      @wthomas5697 9 месяцев назад +20

      However, the legitimate gripe Hawaiians have is that this system of land ownership was imposed upon them by foreigners. Unless, of course, you happen to be a native American.

    • @ridemfast7625
      @ridemfast7625 9 месяцев назад

      @@wthomas5697 Yeah, Captain Cook sucks.

    • @hyphydan
      @hyphydan 9 месяцев назад +2

      Asian immigrants keep flooding in.🧧🧧🐉🐉

    • @indigenoushawaiian_kanaka
      @indigenoushawaiian_kanaka 9 месяцев назад +11

      ...hawaiians complaining??? ...as in who??? The caucasians, japanese, filipinos, blacks, mexicans and OTHER races that move to my native lands, get a driver's license or I.D. and call themselves "hawaiians" OR are you referring to us Kanaka Maoli, the indigenous people of the hawaiian islands, those like myself whose Queen was imprisoned, whose country was STOLEN by the United States because they wanted a strategic military base (Pearl Harbor) in the middle of the Pacific? Whose lands were stolen because caucasians and asians wanted their "Private" Hawaiian Paradise??? And whose people was FORCED to call themselves "Americans???" Which ones are you talking about???? Coz the more of yall move here, the more yall make it super expensive for us indigenous to live and we become homeless, which MANY of my people are...we effectively are strangers in our own lands...so, which "Hawaiians" are you talking about???

    • @Puna_G
      @Puna_G 9 месяцев назад +3

      Typical foreigner response. SMH

  • @Golgibaby
    @Golgibaby 9 месяцев назад +4

    Mahalo for highlighting this!

  • @greggreg2263
    @greggreg2263 9 месяцев назад +4

    What do they know that we don’t know why are they buying up all these islands ?

    • @yaimavol
      @yaimavol 8 месяцев назад +3

      Zucks building a huge bunker on his land

  • @miguelangelrodriguez8999
    @miguelangelrodriguez8999 8 месяцев назад +1

    Great report. Thank you

  • @gambeeno817
    @gambeeno817 9 месяцев назад +15

    I cant tell if the voice over is A.I

    • @bob15479
      @bob15479 9 месяцев назад +4

      Her performance here is mind-numbing. Very poor. I'm sure she can improve though.

    • @matthews1256
      @matthews1256 9 месяцев назад +2

      AI would do better

    • @joshatkinson1945
      @joshatkinson1945 9 месяцев назад +1

      It’s so awful

    • @suspiciouswatermelon7639
      @suspiciouswatermelon7639 8 месяцев назад

      That's the way Asians talk.

  • @kilburn1313
    @kilburn1313 8 месяцев назад +2

    Some of those prices for many acres of land just do not seem enough to me, I am sure true Hawaiian's feel the same

    • @paanne1013
      @paanne1013 8 месяцев назад +1

      It may be that because they are buying 100 plus acres, it just works out to a lower per acre price, but you can't just buy an acre or two of the land they are buying up.

  • @3Z6I9R
    @3Z6I9R 3 месяца назад +3

    I’m from Papua New Guinea. I’m lucky us, the natives own 97% of our lands. Government and others own the rest.
    This is the same land my ancestors walked on, lived on and are buried on.
    I can’t imagine the pain of losing that!
    I feel so sorry for the indigenous people of Hawaii. ❤

  • @fedbia2003
    @fedbia2003 8 месяцев назад +1

    Most areas that rely on tourism have the same thing. A few people owning land.
    This is blatant misinformation and selective reporting.

  • @UDONTCME111
    @UDONTCME111 9 месяцев назад +4

    Fobes does good reporting now?!?!?!? How’d this happen. 😮

  • @robindavid9640
    @robindavid9640 8 месяцев назад +1

    Wait till China claims Hawaii for its own. They do have that tract record of claiming Islands that suits their interest.

  • @gillesvueghs
    @gillesvueghs 9 месяцев назад +6

    You should work on your voice tone! It sounds like you can burst into tears at any moment.

  • @MsSmartmonkeee
    @MsSmartmonkeee 8 месяцев назад +2

    Weird that you missed out on the founder of Salesforce purchasing large tracts of land around the Hawaiian Homesteads in Waimea on Big Island. Is he a buddy of yours?

  • @luciavasile2895
    @luciavasile2895 9 месяцев назад +5

    Omg..no wonder the rents went up sky😢😢😢. So sad , we must suffer, no matter what?😢😢😢. Profits over simple hard workers like me and so many more kamai'na😢😢😢

  • @sharonbowers9929
    @sharonbowers9929 9 месяцев назад +3

    Greed. 😢😢😢

  • @ninja.saywhat
    @ninja.saywhat 8 месяцев назад +4

    was the host doing asmr? i thought i was hearing whispers.

  • @TerriHartegan
    @TerriHartegan 8 месяцев назад +1

    Hope the locals can buy the land back if not it will only become a playground for the 1 percent !

  • @shuttlecommander
    @shuttlecommander 8 месяцев назад +5

    makes me kinda wonder if the hawaii fires were intentional.

    • @richardb8104
      @richardb8104 8 месяцев назад +2

      There is a great video out there showing how the fires spread, and how strange it is how the heat doesn't expand like normal fires to damage nearby buildings. They seem to imply it could have been something else, like energy weapons.

    • @fargoth391
      @fargoth391 8 месяцев назад

      @@richardb8104 Exactly, a lot of people don't know this, but there is actually a reptilian alien mothership in the orbit of Earth; and it was last seen over Hawaii. There are countless videos of grey aliens firing beams of lightning at properties and instantly setting them on fire. Why isn't the media talking about this??

    • @Tigertame4
      @Tigertame4 8 месяцев назад +1

      likely they were

    • @questioneverything9535
      @questioneverything9535 7 месяцев назад

      ​@@Tigertame4kind of like a military exercise that was not just an exercise

  • @kitbram2033
    @kitbram2033 8 месяцев назад +2

    Most people have to file permits to build. Available for public inspection.

    • @ItsNotMeItsYou007
      @ItsNotMeItsYou007 8 месяцев назад

      Some "people" are corporations or trusts.

    • @Tigertame4
      @Tigertame4 8 месяцев назад

      they use shell companies to buy to sheild themselves

  • @brentsmelser
    @brentsmelser 9 месяцев назад +17

    You need to start voting differently to bring the change you want. Ask your representatives to make policy change so that these large land sales don’t happen.

    • @remoir6273
      @remoir6273 9 месяцев назад +5

      ​@@Liviticus so vote for the most pro billionaire party? Lmao

    • @someonenotnoone
      @someonenotnoone 9 месяцев назад

      ​@@Liviticus"Expecting Republican policies to help average people" is one entry

    • @personalemail9329
      @personalemail9329 8 месяцев назад

      ​@@someonenotnoonegiven the failure of out of touch Democrats just like they do in Cali, that does sound like a better option. Atleast Cali Hipsters can run away to settle in Texas.

  • @AnaterZ
    @AnaterZ 8 месяцев назад +1

    I am going to just build my house on a piece of land that they don't pay attention to

  • @Anonomush_oranges
    @Anonomush_oranges 9 месяцев назад +4

    Why is Orca Winfrey in Hawaii?

  • @veseyvonveitinghof
    @veseyvonveitinghof 8 месяцев назад +1

    ...who's selling is more interesting than who's buying. Think about it...

  • @TheOne1One1One1One
    @TheOne1One1One1One 9 месяцев назад +20

    Can Forbes do a video without constantly showing the face of the narrator?

    • @yivmaiden
      @yivmaiden 9 месяцев назад +6

      I think she's an AI. There's the uncanny Valley vibes about the narrator.

    • @AhuraMzd
      @AhuraMzd 9 месяцев назад +2

      Yesss if the don’t give certain vibe or strong personality and passion don’t bother

    • @TreDogOfficial
      @TreDogOfficial 9 месяцев назад

      @@yivmaidenword up!😂

    • @Fatman305
      @Fatman305 9 месяцев назад +1

      Narrator is damn gorgeous

    • @02nupe
      @02nupe 9 месяцев назад +2

      Why do you have a problem with narrator being shown, that’s literally nothing to complain about

  • @joelwillis2043
    @joelwillis2043 8 месяцев назад +1

    To suggest anything else would be considered socialism. Thanks America for almost always voting against your interests.

  • @michaelsomething7674
    @michaelsomething7674 9 месяцев назад +15

    Keep the country, country!

  • @deckofcards87
    @deckofcards87 3 месяца назад +1

    This has been coined "disaster capitalism" and is common. Whenever something horrible happens, those with access to massive capital buy up everything they can for cheap.
    It happened during the 2008 crash with real estate, it happened during hurricane Katria, the pandemic, the Hawaii storms, anything, you can trace every disaster all the way back.
    Whenever people are hurting, or dying, the super rich swoop in to make huge profits. Years down the line.

  • @sotheados66
    @sotheados66 9 месяцев назад +8

    I can't express the frustration!

  • @AskAlice112
    @AskAlice112 8 месяцев назад +1

    Tax exempt if it has anything to do with Gainable Development, It's a global perk.

  • @FrankGallagherr
    @FrankGallagherr 9 месяцев назад +7

    $200 billion to Ukraine and $700 dollars for Maui people that’s your president America

  • @freemagicfun
    @freemagicfun 8 месяцев назад +1

    Hawaii was the best place I ever lived. If I had money... I would buy land there, too. 😎

  • @rodmbs
    @rodmbs 9 месяцев назад +7

    Is this voice AI generated?

  • @koohanpaik-mander7567
    @koohanpaik-mander7567 9 месяцев назад +2

    You missed Marc Benioff on the Big Island.

  • @ashishpatel350
    @ashishpatel350 9 месяцев назад +6

    that is what happens when the government needs more tax dollars.

  • @rory-red
    @rory-red 9 месяцев назад +2

    there are billionaires ruining Hawaii

  • @James-mk8jp
    @James-mk8jp 9 месяцев назад +11

    Why are people selling the land to them

    • @ISnip3rJoeI
      @ISnip3rJoeI 9 месяцев назад +13

      Because people like having money. Imagine that

    • @davidb2206
      @davidb2206 9 месяцев назад

      Same reason that millions of Californians sold their home to communist Chinese: CASH.

    • @DCTag
      @DCTag 9 месяцев назад +1

      Are you that daft?

    • @davidb2206
      @davidb2206 9 месяцев назад

      Same as the millions of homes sold in California to communist Chinese. Cash.

    • @James-mk8jp
      @James-mk8jp 9 месяцев назад +1

      @@DCTag Are you? The comment was clearly rhetorical. Obviously they want money. Can't have your cake and eat it too.

  • @Mike-01234
    @Mike-01234 8 месяцев назад +1

    Not just there look at the prices of homes in southern California. I grew up 7 miles from the beach homes were priced in the 1970's at 16-37k for a SFH. Now that same home I grew up in is worth 1.8M. The friends I knew there every home that sells from the original owner the new owner is a doctor, attorney, or business owner. He said you can tell by the car backs out of the garage before it was a Toyota, and now it's a Range Rover, or other 150k plus car.