Investors Looking to Profit, on Grief-Stricken Survivors , of Maui Wildfires.
'The Independent' reports that thousands of
residents of Lahaina, Hawaii, have been left without
shelter after fast-moving fires broke out in Maui. .
Nearly 80% of the structures in
the town of Lahaina were either
damaged or totally destroyed. .
Scores of residents are mourning the loss of
loved ones who had been unable to escape the
fires as they engulfed entire neighborhoods. .
'The Independent' reports that residents have now been forced to defend what little they have left from investors and realtors looking to capitalize on the disaster.
Kāko’o Haleakalā, an environmental nonprofit organization,
was just one of many that exposed investors efforts
to profit from grief-stricken victims of the wildfires. .
'The Independent' reports that Hawaii
governor Josh Green has promised that
investors will not be allowed to take land. .
Yet concerns remain that selling off land will become
inevitable due to the high cost of building in Maui and
inadequate funds from the federal government for rebuilding.
Residents have reportedly been encouraged
to report the names of realtors and
investors attempting to purchase land. .
Both residents and activists have urgently called on
the government to issue a land block to prevent
those looking to capitalize from land grabbing. .
Over 2,000 structures were burned in
Lahaina alone, while the governor has
estimated that rebuilding will cost $5 billion