News – Japanese billionaire Genshiro Kawamoto has selected the first four of eight Native Hawaiian families that will each rent one of his multimillion-dollar homes in the exclusive oceanside Kahala area for $150 a month.
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'He often rented them for well below market value and the homes were allowed to fall into disrepair. Kawamoto said his property managers failed to tell him of the problems.'
Naive and misguided altruism.