Million-dollar homes for $150 a month.

Posted by Miss Cellania in Everything Else on March 21, 2007 at 10:23 am


150_vert.kawamoto.ap.jpg
Japanese billionaire Genshiro Kawamoto is a real estate developer in Hawaii. He has a history of renting homes below market value to low-income Hawaiians, but now he’s selecting native Hawaiians to rent luxury homes for only $150 a month. Four of eight families have been selected from 3,000 applicants. He said he is renting the homes “because the affluent people can help the least fortunate people.” Link


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COMMENT

8 comments to "Million-dollar homes for $150 a month."

  1. d.maile
    March 21st, 2007 at 4:12 pm

    This is certainly a heartening thing for me, being a Hawaiian (partial ancestry, full Hawaiians are very hard to come by these days). It tells me there are still some people hoping to make a difference for the Hawaiian people.

    Still, I have to wonder how much of the utilities, or better yet, how much of everything, is actually covered by that $150.

  2. Aramax
    March 21st, 2007 at 5:35 pm

    I think it would be better if he would rent those at full price to some rich bastard and use the money to build less fortunate peoples homes the 3000 applicants. This would actually help a lot more.

  3. quinnn
    March 21st, 2007 at 5:48 pm

    I doubt that I could cover the utilities. maybe they are included.

  4. Alex
    March 21st, 2007 at 9:30 pm

    Hm, isn’t it good enough that someone actually did something good for a change? It’s like complaining your free meal doesn’t come with free drinks!

  5. Geekazoid
    March 22nd, 2007 at 12:50 am

    I agree with you Alex, not many people are willing to help as it is in this world. Kudos to him.

  6. rataplan
    March 22nd, 2007 at 6:30 am

    @aramax…

    he wants to retain ownership of his properties, that’s all. it would be nice if he kept it up beyond his years on earth.

  7. Tom p
    March 22nd, 2007 at 7:59 pm

    i will have one of he has a spare

  8. Debi
    March 22nd, 2007 at 8:47 pm

    It is just so nice to hear about Mr. Genshiro Kawamoto’s kindness and generosity… it seems kind of rare these days… especially since he has the means to something… however unusual… it’s encouraging someone. -debi-


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