However, the aftermath of the "Midkiff" decision failed to achieve the stated purpose of the redistribution legislation. It could not create new housing because it transferred title from the land lessor only to the lessee-homeowners who already occupied existing homes on the subject property. As soon as the former lessees acquired fee simple titles to their homes, their homes became attractive to Japanese investors who paid high prices for those homes, largely in the upscale Kahala and Hawaii Kai neighborhoods. That led to a ripple effect throughout the island.