For my family and friends ™ (haolegirl) wrote,
For my family and friends ™

Leasehold conversion in Hawai'i

Excellent letter. In this letter, the writer states how forcing owners to sell property is wrong. This of course is happening in Hawai'i and this issue is up for vote. Then again since the largest landowner in Hawai'i is the Bishop Estate which benefits Hawaiian children this law which forces landowners to sell their property... covertly targets... you guessed it... Hawaiians. That is why this law must be struck down. Unless of course people want Hawaiians to leave Hawai'i which seems to be the case. For example, how many girls of Hawaiian ancestry are in the "Hawai'i Calendar of Girls" or... how many Hawaiians are in Hawai'i? Out of the 401,062 or so Hawaiians left... approximately half of them are in Hawai'i. The rest? Not in Hawai'i. It's obvious, of course, that Hawai'i is nothing without Hawaiians. That is, people come to Hawai'i to see... you guessed it... to see Hawaiians... not a pretty Filipina or a pretty Japanese girl dressed in a hula skirt with a coconut shell bikini top:

Forcing owners to sell property is wrong

"When I fly to a neighbor isle destination, I go into the rent-a-car office, plunk down my credit card and in a few minutes leave in a shiny new automobile. Just imagine, it only costs me pennies-on-the-dollar compared to those expensive new cars in the lots down the street.

Perhaps I can get the City Council to pass a rent-to-fee conversion bill so that I can buy this rent-a-car instead of returning it to the business. But it's a "used" car, so I wouldn't have to pay full price for it. I'd negotiate a "fair" price with the owner. The business could then go out and buy another car to "rent" to the next customer.

When you rent a car, you pay only a fraction of its actual worth in order to use it for a while. When you rent an apartment, you do not expect to get fee title to it, only the right to live in it for a while. When you "buy" a leasehold home, you are, in essence, "renting" it for a while. That's what it says in the contract you signed.

If you wanted to buy a fee-simple home, why did you merely rent one in the first place? Why would you ever expect ownership of the rental to be forcibly extracted from the owner and turned over to you?

That's ridiculous! Why the confusion? Leasehold conversion is wrong."

Blaine Fergerstrom

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