09-16-2019, 06:48 AM
the lease for the DHHL land is only $1 a year,
There is no cost for improvements? For instance, if I bought a leasehold property on Kona side, I would would pay the yearly lease fee, but my purchase price would include any improvements made on the property, a house or coffee trees, etc.
I thought one of the reasons the DHHL waiting list was so long was that Hawaiians couldn't afford a "buy-in" fee which paid for for the roads, water, etc. If that's not the case, is it then only a matter of the county building codes making construction unaffordable and consequently a bank loan unattainable?
If I drive through the DHHL lots between HPP and Pahoa there are plenty of vacant lots with paved roads and curbs out front, so presumably the water lines are installed as well. Why are those properties not built out?
There is no cost for improvements? For instance, if I bought a leasehold property on Kona side, I would would pay the yearly lease fee, but my purchase price would include any improvements made on the property, a house or coffee trees, etc.
I thought one of the reasons the DHHL waiting list was so long was that Hawaiians couldn't afford a "buy-in" fee which paid for for the roads, water, etc. If that's not the case, is it then only a matter of the county building codes making construction unaffordable and consequently a bank loan unattainable?
If I drive through the DHHL lots between HPP and Pahoa there are plenty of vacant lots with paved roads and curbs out front, so presumably the water lines are installed as well. Why are those properties not built out?
"I'm at that stage in life where I stay out of discussions. Even if you say 1+1=5, you're right - have fun." - Keanu Reeves