A tech billionaire is quietly buying up land in Hawaii. No one knows why

npr ^ | FEBRUARY 28, 2024

[Jonny7797]

No one know why? How about it’s prime real estate and he’s a billionaire.

[StAnDeliver]

They are convinced the Chinese won't nuke Hawaii in a limited nuclear exchange because the Chinese covet Hawaii. One wonders how long a torch would take to rip the door off Zuckerberg's shelter.

• China wins, they'll pull him out of that underground coop like a squawking chicken and ship him back to Beijing for their trials.

• US wins, the Hawaiians will pull him out of that underground coop like a squawking chicken, pluck him, subject him to some seriously unpleasant ancient ritual, and toss him into the Pacific.

[unlearner]

Hawaii is a state and has to follow US law. Real Estate is highly regulated. You cannot discriminate in buying and selling based on race.

[woodbutcher1963]

He is on the Big Island of Hawaii.
It is about 100 miles across.
Has two peaks that go over 13,000 feet in elevation.

Waimea is mostly cattle and horse ranch country.
It sets about 3-4000 feet above sea level on the north side of the island.
This location gets plenty of rain making it ideal range land.
There is so much beef raised on the island of Hawaii that a steak is cheaper there than most other places on the mainland.

Lastly, the eastern side of Hawaii gets over 150 inches of rain every year.
It is one of the wettest places in the USA.
Making it an ideal place to grow almost anything.

So, if the SHTF it would be a perfect place to be, IMHO.

[Blueway]

Yes, when looking for real estate in Hawaii, you always have to ask if it is being sold “fee simple” (means including the land the building is sitting on), or “leasehold” (means structure only-the land it is sitting on is leased).

[Hot Tabasco]

I wonder how many folks dropping their comments actually took the time to read the article?

[Blueway]

No, back in the late 1960s we looked at a property in Pearl City, HI that was fee simple (included the lot the house was sitting on).
We were Haoles fresh off the mainland and we could have bought it but it would have been a financial struggle for years.

[BenLurkin]

The excerpt coves the salient points.

[BenLurkin]

The excerpt covers the salient points.

[SaveFerris]

Pretty much my guess as well

[Chgogal]

Bookmark

[Elsie]

I know why...

[crusty old prospector]

Who wants to live on a dinky island?

[Gaffer]

Hawaii is just the sort of island and demographics to actually take away the vast holdings from these billionaires should things get really tough.

[Elsie]

Who owned the land before he bought it?

[Elsie]

 

• A tech billionaire is quietly buying up land in Hawaii. No one knows why

  2/28/2024, 3:46:37 PM · 16 of 55
  Auntie Dem to BenLurkin

  I thought Haolis couldn’t buy land in Hawaii, but could only have a 99 year lease. I guess if you have enough money no rules apply to you.

  Post Reply | Private Reply | To 1 | View Replies

Question: Does the LDS religious organization OWN the land it possess in Hawaii? 

 

Answer from Copilot: Using the web

Yes, The Church of Jesus Christ of Latter-day Saints (LDS) owns land in Hawaii. In 1865, the church purchased a sugar plantation in Laie, Oahu.

The histories of the Laie plantation and the Hawaiian Mission are intertwined, as some mission presidents served simultaneously as plantation managers. 

In 1919, the plantation closed, and the Laie Temple was dedicated on the same land¹. 

Additionally, the church-affiliated property manager, Hawaii Reserves, also owns the Laie Courtyard by Marriott near the faith’s Polynesian Cultural Center².