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From: Anne Celeste <br /> To: WPCtestimonv; Planning Internet Mail <br /> Subject: Public testimony for March 7 Council Meeting: SMA APPLICANT: BLACK SAND BEACH LLC(PL-SMA-2023-000046) <br /> Date: Thursday, March 7,2024 10:28:11 AM <br /> I attended by Zoom this morning. <br /> It was very important to me to offer testimony. <br /> My hand was up, but I could not unmute myself. <br /> The meeting Zoom rep said she would email me, but I never received an email. <br /> So here is my public testimony. Please submit it during the proceedings for me. <br /> Mahalo. <br /> Housing affordability is a great issue on our island. <br /> Most residents of the kau district cannot afford homes outside the Kau district. <br /> This development most certainly would raise prices beyond the means of local residents. <br /> Must our current Kau residents—people just trying to live in a family home--be denied the <br /> chance to own a home, or actually have to leave their home because of high taxes, so that a <br /> wealthy resort developer can make more money? <br /> When this happened in Vancouver with aggressive international development, house prices went up <br /> three times in one year, in 2o16. <br /> They currently remain over two times higherthan any other city in Canada. <br /> The entire real estate market in Vancouver has been wrenched since aggressive Asian foreign <br /> investment entered the area, and it became quite a problem with money laundering and organized <br /> crime. <br /> The same thing happened in Australia with aggressive Asian investment. <br /> We must protect ourselves. Please protect the people of this island. <br />