Korean company buys 644 acres in Makaha Valley

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  • เผยแพร่เมื่อ 12 ส.ค. 2022
  • A major South Korean conglomerate has acquired 644 acres of land in Makaha Valley following a bankruptcy sale.

ความคิดเห็น • 143

  • @oceanearth2243
    @oceanearth2243 ปีที่แล้ว +36

    The US is one of the only countries in the world that allows foreigners to buy and own land; other nations especially in Asia would consider such a project ONLY with local partners that own a 51% controlling interest in the property.

    • @f430ferrari5
      @f430ferrari5 ปีที่แล้ว +3

      Because the land wasn’t theirs in the first place including Hawaii? 🤣😂

    • @airbender9593
      @airbender9593 ปีที่แล้ว +1

      Everybody is considered citizen even Chineses. :)

    • @Banksmichelle
      @Banksmichelle ปีที่แล้ว

      Because the US is all bout money they dnt care

  • @stuarthayward2220
    @stuarthayward2220 ปีที่แล้ว +24

    Remember when “officials” tore down the tiny sustainable house on the beach, yet the politicians have already approved whatever the developers want to build here.

  • @BobbyHo2022
    @BobbyHo2022 ปีที่แล้ว +22

    Us locals got to understand, money talks. Politicians don't give a f about you. They care about $$$. Rail rail rail...

    • @OceanMaverick
      @OceanMaverick ปีที่แล้ว +1

      No we don’t have to understand insanity of greed and land ownership.

  • @AKFF320
    @AKFF320 ปีที่แล้ว +14

    We sell to another foreign country!!! Why?

  • @leeandrada4731
    @leeandrada4731 ปีที่แล้ว +9

    What's going on, outsiders buying land and minimum wage going up. How in the world we going afford to live here.

  • @tee4272
    @tee4272 ปีที่แล้ว +12

    Why are we allowing foreign investment when there is limited housing?

    • @kaeoquilit1453
      @kaeoquilit1453 ปีที่แล้ว +4

      Been like this since the day of imprisonment of the Queen 👑. This was the plan .

    • @gregcarter8656
      @gregcarter8656 ปีที่แล้ว +1

      @@kaeoquilit1453
      Your comment is ABSURD. 🤣🤣🤣🤣🤣

    • @kaeoquilit1453
      @kaeoquilit1453 ปีที่แล้ว +1

      @@gregcarter8656 it would be to people who don’t understand , born and raised in makaha. You don’t even live in hawaii

    • @gregcarter8656
      @gregcarter8656 ปีที่แล้ว +2

      @@kaeoquilit1453 He hewa loa ʻoe. ʻOi aku ka nui o koʻu mau makahiki ma Hawaiʻi nei ma mua ou.
      He Pilipino ʻoe, a he hūpō loa nō hoʻi. Manaʻo hewa ʻoe iā ʻoe iho he ʻike, akā naʻe, he kuhi hewa wale nō kāu.
      Kamehameha V sold Niihau for $10,000 in 1864. The ex-queen was arrested in 1895, about 30 years later.
      BTW, her "prison" was a luxurious private room in the former palace. She was held for less than 8 months,
      even though she was tried, convicted, and sentenced to 5 years. Dole gave her a PARDON.

  • @sarabeach1363
    @sarabeach1363 ปีที่แล้ว +15

    If they are going to build out here. We need homes for the average people and another road asap!!

  • @Sgt75bravo
    @Sgt75bravo ปีที่แล้ว +4

    Why do these people keep selling land to foreigners….try to buy land in South Korea….guess what, that can’t happen. So stupid us!!!!

  • @sporqfoon5989
    @sporqfoon5989 ปีที่แล้ว +22

    If Kama'ainas were the only people allowed to purchase Hawaiian lands, we wouldn't have a housing crisis.
    Investment, and foreign ownership is ruining Hawaii for locals.

    • @erikh9991
      @erikh9991 ปีที่แล้ว +5

      I live on the Mainland and my family is getting out priced. It's just what happens and people who live in reality deal with it. All other are homeless.🖖

    • @Jaybee82
      @Jaybee82 ปีที่แล้ว +4

      It's happening all over even here on mainland.

    • @wahiawabound808
      @wahiawabound808 ปีที่แล้ว +2

      Since Hawaii didn't agree to become part of the united states all the way back from the ku'e petition time the corrupted united states had a plan and it went like this if we can't legally own hawaii because of hawaiians being in the way we'll price them off their land so there will be no more to be in the way and they can generate insane amounts of profits. What goes around comes around hawaiians may not have the guns ships tank & jets but they're are other country's that's fed up with the u.s that has guns tanks ships & jets.

    • @gregcarter8656
      @gregcarter8656 ปีที่แล้ว

      @@wahiawabound808
      As if everyone in "the united states" would agree on a plan. 🤣🤣🤣🤣🤣

    • @wahiawabound808
      @wahiawabound808 ปีที่แล้ว

      @@gregcarter8656 as if what a goon must be JUST of the JET who said anything about everyone lmfao there is only 1 who we pay attention to we ain't worried about cheerleaders on the sideline as if 😂😂🤣🤣👏🏽👏🏽👏🏽👏🏽👏🏽

  • @jamesdolan9702
    @jamesdolan9702 ปีที่แล้ว +11

    Should have just made a nature preserve. Thought state was talking about going green.

    • @gregcarter8656
      @gregcarter8656 ปีที่แล้ว

      There are 2 kinds of "green".
      Unfortunately, both are needed these days.

  • @XIII5XIII
    @XIII5XIII ปีที่แล้ว +12

    What a loss

  • @howzit9397
    @howzit9397 ปีที่แล้ว +6

    Keep selling to international and mainlanders keep driving up housing cost!! Been happening for years and nothing being done

  • @Mr.REEP0
    @Mr.REEP0 ปีที่แล้ว +6

    I don't live there so I can't speak to how good or bad it is to re-develop that area...All I hope for is that the surrounding residents don't get screwed in the process ..I know that area needs an economic boost but not one that strangles the community..It has to have balance for all to thrive...The people deserve that there..

  • @563YRM
    @563YRM ปีที่แล้ว +3

    Selling out Hawaii to foreign investors, great job

  • @aubreymorgan9763
    @aubreymorgan9763 ปีที่แล้ว +3

    yay...still no approved projects for affordable housing for locals!

  • @jtabarejo
    @jtabarejo ปีที่แล้ว +2

    Why did the state or city not buy the property? Allot of talk from politicians about building affordable homes and homes for homeless yet nothing is getting done. This was an excellent opportunity for government to buy the land for $20 million with the intent on building affordable homes. 600+acres, that's allot of land and homes.

    • @educated_guess
      @educated_guess ปีที่แล้ว

      The land is probably not zoned for residential development.

  • @Stay-vigilant
    @Stay-vigilant ปีที่แล้ว +15

    Heartbreaking fact:
    "Anyone may buy and own property in the United States, regardless of citizenship. There are no laws or restrictions that prevent any individual of any foreign citizenship from purchasing or owning property in the U.S."

    • @mrbenz2392
      @mrbenz2392 ปีที่แล้ว +5

      That is sad.😢

    • @Trentberkeley86
      @Trentberkeley86 ปีที่แล้ว +1

      That is true of any country. If you have enough money, you can buy property in any country without being a citizen. In fact, if you have a lot of money, that country will want you there. Nobody is talking about how Hawaii was illegally stolen from the Hawaiians though.

    • @davidmiller4594
      @davidmiller4594 ปีที่แล้ว

      @@Trentberkeley86
      They screwed up when the Clinton administration was literally giving away federal land.
      At that time, ford island was desperately trying to be handed off. State refused to take it.... For Free.
      If the Hawaiians organized and brought it to the table, they could own that land and declare it sovereign property. Then open a casino as the native Indians did. If they did this, no hawaiian would be in need of financial assistance.
      Just a shame.
      Now they're supporting an MMA fighter with no college education or political experience to be governor.

    • @aubreymorgan9763
      @aubreymorgan9763 ปีที่แล้ว +5

      its one of the reasoins rents are high, especially in some cities. most of the bay area in CA is owned by chinese billionaires, i've heard its the same in Vancouver. most of NYC is owned by Middle Eastern princes.

    • @Trentberkeley86
      @Trentberkeley86 ปีที่แล้ว

      @@aubreymorgan9763 do you have any proof? Or you justgoing on what you heard?

  • @LonelyInHawaii
    @LonelyInHawaii ปีที่แล้ว +10

    Waianae v. capitalism

  • @l-train2098
    @l-train2098 ปีที่แล้ว +3

    Why didn’t hawaiian home buy that land, they making money off the people and what seems like hoarding the money until all Hawaiians that have qualifying bloodlines are gone.

  • @gregcarter8656
    @gregcarter8656 ปีที่แล้ว +4

    644 acres sold for $20.7M. That's roughly $32,143 per acre. Kamehameha Schools could have easily bought that land, although KS has ALWAYS been the largest private land owner in Hawaii, ever since KS was created during the monarchy. With over 360,000 acres of Hawaii land, and using only about 3% of that to generate income, the endowment of KS is over $14.7 BILLION. So spending a mere $20.7 MILLION for that Makaha land would have cost less than 0.2% of the KS endowment.

    • @rayfujimori9833
      @rayfujimori9833 ปีที่แล้ว

      You have a better chance of the Korean's making better use of the land for the community than Kam School.

    • @gregcarter8656
      @gregcarter8656 ปีที่แล้ว

      @@rayfujimori9833 Maybe so, given the fact that the mission of KS is to help (racial) Hawaiians (only), rather than helping the entire community (regardless of race). Anyway, I was indicating that even though the price of the land is very expensive to most people, it's only a trifle compared to what KS can afford to buy.

    • @rayfujimori9833
      @rayfujimori9833 ปีที่แล้ว +1

      @@gregcarter8656 they're doing a bad job at that. Only the rich child's seems to do good. They should take all Hawaiian kids and if they're full, send the rich kids elsewhere.

    • @gregcarter8656
      @gregcarter8656 ปีที่แล้ว +1

      @@rayfujimori9833 When I was in high school (not at Kam), I heard that potential Kam students had to interview, and to be selected for enrollment they had to show not only good grades but also good manners. And back then, the Protestant religion requirement (for teachers) was still in effect. Plus they had an ROTC program and rifle drill team. When challenged in court, they dropped their religious discrimination. They also dropped ROTC because the military does not allow racial discrimination. The only reason they're still getting away with racial discrimination in enrollment is because they're so rich that they can pay off (BRIBE) the plaintiff to accept an out-of-court settlement in the millions of dollars. The US Supreme Court has already found Kam's enrollment practices to be racially discriminatory. One of these days, their racial discrimination will finally come to an end.

    • @rayfujimori9833
      @rayfujimori9833 ปีที่แล้ว

      Yes to that , but if they what to help the Hawaiians take all the poor welfare kids give them a good education so they can get good paying jobs and get them off welfare. Break the cycle. Not just rich Hawaiian kids getting richer.

  • @gigitrinidad921
    @gigitrinidad921 ปีที่แล้ว +2

    Story I meant to say Korean. This is what happens when I comment without eating breakfast first! 😅😂😊 Your uniqueness and brilliant ideas for land development is known, but your innovative ideas in making home living practical with useful gadgets, you have proven you DO think with your hearts. As an islander from the Caribbean, Hawaii is our “cousin” island. But Asia has been our Big Brother for a long time, Let’s keep that Ohana strong and bonded in these difficult times. 🥰🇵🇷🌺👍

  • @Robert-eg2oy
    @Robert-eg2oy หลายเดือนก่อน +1

    Why are foreigners allowed to buy land in Hawaii ?

  • @kalkeikuu
    @kalkeikuu ปีที่แล้ว +17

    My Gosh!!! Who is selling Hawaiian land to these outsiders!!!??? The land belongs to the Kamaaina’s! It’s illegal!

    • @johnwindham6226
      @johnwindham6226 ปีที่แล้ว +6

      Blame the state. When real estate is for sale it’s for sale to anyone. If the state cared they could’ve bought the land, they wanted the money.

    • @Jaybee82
      @Jaybee82 ปีที่แล้ว +5

      Thank all your elected officials in the state.

    • @Trentberkeley86
      @Trentberkeley86 ปีที่แล้ว +5

      Outsiders? Larry Ellison bought the whole island of Lanai for $300 million.

    • @darringraham2613
      @darringraham2613 ปีที่แล้ว +2

      🚫🐸💰

    • @Trentberkeley86
      @Trentberkeley86 ปีที่แล้ว +1

      @@darringraham2613 quit frontin like you a Hawaiian Haole

  • @heenalu03
    @heenalu03 ปีที่แล้ว +3

    no more resort. we dont need more tourists especially on the W-side. there is way to many traffic already. #stopnewdevelopment.

  • @datuce7634
    @datuce7634 ปีที่แล้ว +2

    Kurt favela speaking facts👏🏼👏🏼

  • @edwarddelacruz7505
    @edwarddelacruz7505 ปีที่แล้ว +1

    We are being pushed off our island because of developments.. be prepared for more traffic to the Westside.. I can see tour busses

  • @AMS-ri3xm
    @AMS-ri3xm ปีที่แล้ว +3

    Rebuild the hotel and golf course would be nice but being that they already got a gated community with high priced homes in the valley its economical and built quick so it'll more or less be a complete gated community with its own golf course 🤦‍♂️20 mill is a steal for that much land but they didn't say how much land is buildable versus preservation land ...🤷‍♂️😔🙄

  • @miqah7734
    @miqah7734 ปีที่แล้ว +2

    Jeremy Lee nice illuminate hand sign.

  • @heatherdikes4477
    @heatherdikes4477 ปีที่แล้ว +1

    Local people first! Do it!

  • @foxsmith2349
    @foxsmith2349 ปีที่แล้ว +1

    We all have questions that are not being answered!-

  • @humblemaniac2683
    @humblemaniac2683 ปีที่แล้ว +1

    Yup not going be local anymore

  • @ClarkKent-ic3pb
    @ClarkKent-ic3pb 7 หลายเดือนก่อน

    If foreign Companies would hire plenty of local people that would be Good.🎉🎉🎉

  • @kikaida0178
    @kikaida0178 ปีที่แล้ว +1

    🤑Kim Jung Un now OHbamas neighbor🤣

  • @carleendatuin4445
    @carleendatuin4445 ปีที่แล้ว

    A program with locals need to be created to where all of us give a portion of our check to it so we as Hawaiians can own land all together and buy more before all the foreigners do !

  • @daviddntait
    @daviddntait ปีที่แล้ว

    Complain about foreigners taking our land yet it continues to be sold right out from under us. This is a shame.

  • @OceanMaverick
    @OceanMaverick ปีที่แล้ว

    Should be illegal no foreign company should be able to buy land until all Hawaii residents have their own. Sick as in terribly wrong but leave it to all the officials you elect and hail as caring about locals.

  • @HwnDragon1
    @HwnDragon1 ปีที่แล้ว

    Keep selling to Korea and China this is ludicrous

  • @gigitrinidad921
    @gigitrinidad921 ปีที่แล้ว

    I meant “Sorry” not “Story”. My keyboard makes me look dumb. 🤣

  • @KaliKingg
    @KaliKingg หลายเดือนก่อน

    So you guys sold that place for $20 million when it's worth 500 million. Should have asked me I would have got our people that money

  • @jamesdalton7191
    @jamesdalton7191 ปีที่แล้ว

    Thank the politicians for this. They can care less about anybody and the people unless it's for themselves and their spawn.

  • @waynewisecarver
    @waynewisecarver ปีที่แล้ว +1

    There goes C-Country

  • @michaelcrabtree2939
    @michaelcrabtree2939 ปีที่แล้ว

    Make sure you take care of the hawaiian people that surround the area...they know the land!!!

  • @rayfujimori9833
    @rayfujimori9833 ปีที่แล้ว

    We have to watch this one very carefully. No high price development, if a resort/golf course the make sure that the local people get jobs there. Politicians we will be watching you. No bribes or high end contribution to your campaign. Take care of the people first not the investors. If they don't like it give them their money back.

  • @theresewheeler1498
    @theresewheeler1498 ปีที่แล้ว +3

    So sad ..

  • @jonmacdonald5345
    @jonmacdonald5345 ปีที่แล้ว

    Going to grow some of that good good no doubt!

  • @davidmiller4594
    @davidmiller4594 ปีที่แล้ว +3

    The whole leeward west coast is like another island. Poverty everywhere. It's due to jobs, or the lack there of. The only saving grace for that coast is going to be creating a good job market for the residents living there. Instead of resisting growth, they're going need to welcome it. Or, move to another island with lower living costs.

  • @kikaida0178
    @kikaida0178 ปีที่แล้ว +1

    S🤔...
    Muliufi/Lingle RAIL xtention???
    #😉

  • @HanaMana05
    @HanaMana05 ปีที่แล้ว

    Something is wrong with this headline🤦🏽‍♂️

  • @robnalu6436
    @robnalu6436 ปีที่แล้ว

    Mo money, mo problems. 🤙🤙

  • @delvinnettenavarro6843
    @delvinnettenavarro6843 ปีที่แล้ว +1

    Elected officials....

  • @markpang8847
    @markpang8847 ปีที่แล้ว +1

    2:27 change that "R" to a "D"

  • @davidoconnor393
    @davidoconnor393 ปีที่แล้ว

    Are they still at war with the Japanese? LMAO

  • @allaroundz
    @allaroundz ปีที่แล้ว

    Sounds like a business move the South Korean company named "Coupang " would or should make. If so very smart!!

  • @minorityreporter9104
    @minorityreporter9104 ปีที่แล้ว

    Only 20 million goodlaaawd

  • @jfranklin9549
    @jfranklin9549 ปีที่แล้ว

    Water park/golf course.

  • @JohnSmith-mr8wc
    @JohnSmith-mr8wc 2 หลายเดือนก่อน

    KH Group it is!

  • @bluelava4282
    @bluelava4282 ปีที่แล้ว

    Missile base

  • @deannasilva893
    @deannasilva893 หลายเดือนก่อน

    👎👎👎it's not going to be for locals. C'mon they going make high class stuff for the rich. Just like this expensive home below Makaha Plantation. 😢😡😤🤡🤬🤑🤑

  • @tomrogers4667
    @tomrogers4667 ปีที่แล้ว

    Whats up with all these countries buying up large areas of land, china and russia have been doing this for years

  • @saythankyou111
    @saythankyou111 ปีที่แล้ว

    Trash…realtors would sell their soul.

  • @jw7438
    @jw7438 ปีที่แล้ว

    "20 point 7 million dalla q" is y high end on the westside. Keep DA Malihini's(visitor's) in honolulu. Visit waianae and go back.
    MEMBAH.... high end means NO LOCALS.....

  • @kikaida0178
    @kikaida0178 ปีที่แล้ว +1

    KIM CHEEE WH😀😃😄😁😆😅🤣😂🤗!!!!

  • @kathypaaaina3953
    @kathypaaaina3953 ปีที่แล้ว +1

    Aloha hugs 🤗 why Korean

    • @NamelessVoice808
      @NamelessVoice808 ปีที่แล้ว

      Hi Kathy! I see you again. Last time was on the Marfoogle comment section.

  • @jazziez6467
    @jazziez6467 หลายเดือนก่อน

    seems to be the american way, nothing for americans anymore, korea probably bought it with some money we tossed their way for something or another

  • @jimmckinnon7148
    @jimmckinnon7148 ปีที่แล้ว +1

    I love shopping at H Mart! Kimchi is good for me!

  • @kalohesmokey
    @kalohesmokey ปีที่แล้ว

    Bottom line

  • @lwf5205
    @lwf5205 ปีที่แล้ว +2

    no one owns the land, i believe Hawaiians belong to the aina there, and you camt put a price on the land. development on land (esp. big devlmnt= pollution that they will not care to clean up after damages have be made

  • @wahiawabound808
    @wahiawabound808 ปีที่แล้ว +1

    So who the fck is behind selling off the lands because obviously it's not the kanaka's who is the rightful owners.

  • @puudavis2007
    @puudavis2007 ปีที่แล้ว +1

    Discussing

  • @blessfulteiana8084
    @blessfulteiana8084 ปีที่แล้ว

    Smh

  • @FF_AlohaEdition
    @FF_AlohaEdition ปีที่แล้ว +1

    If you want to know how to resort will turn out, look at the resorts in South Korea. It's going to be exclusively for the Korean wealthy upper class. Oahu will have two destinations: Waikiki for the tourist and this for the Korean tourist. I for one welcome our new beautiful Korean overlord.

    • @BobbyHo2022
      @BobbyHo2022 ปีที่แล้ว

      well at least i get a nice view when I see my clients in Makaha towers.

    • @HawaiiSustainable
      @HawaiiSustainable ปีที่แล้ว

      🤣love The Simpsons Kent Brockman ant 🐜 overlords reference but sad for taking over Makaha saw a documentary on the Korean super class wealth gap

  • @deannasilva893
    @deannasilva893 หลายเดือนก่อน

    👎👎👎👎👎👎

  • @MrGarthHardin
    @MrGarthHardin ปีที่แล้ว

    Da almighty dollah !! Aaas da king, right !! Mula is no ka oi !! My home land being distributed to .. foreigners .. never mind haoles .. sooooooooooo sad. Maka'ainana always loose .. Das some kapakahi pilikea right dea !!!!

  • @gigitrinidad921
    @gigitrinidad921 ปีที่แล้ว +2

    Hopefully it be affordable housing with shops, restaurants, grocers, average clothing stores. Shops that are not high end but made to fit the straining budget with local food staples/grocers and quick bites. Or… farmlands to promote food crops to the lacking of food supplies and reduce high food prices. Or… necessary farm animal breeding for protein and dairy necessities. Just a thought Japan, use your heart not your head, it is currently difficult times for everyone, don’t make it harder. Life matters and basic needs should be a priority. 😊🌺🥹