How One Hawaiian Paradise Became a Ghost Town

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Ambling into the warm embrace of Kukui'ula's clubhouse on Kauai's pristine south shore is to catch a fleeting glimpse into how the other half lives. Or, more accurately, the other 0.1%.

But with the global economy in turmoil and real-estate wounds still festering across the country, there's trouble in paradise.

"We broke ground on the club in 2008 and a month later, Lehman Brothers went down," said Brent Herrington, Kukui'ula president.

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