Billionaire gives mansions to Hawaii’s native homeless
- Billionaire gives three families keys to multimillion-dollar houses Thursday
- He says he will open eight of his 22 homes to needy Hawaiian families
- The families will be able to stay in the homes for up to 10 years
- Some neighbors speculate he is trying to drive down real estate values
Is he being philanthropic or a property trader? time will tell.
His neighbour was saying:
“Everyone’s paying homage to him, but in reality, he’s the problem,” said Mark Blackburn, who lives down the street from Kahale’s new home. “Houses are homes. They’re made to live in; they aren’t investment vehicles.”