Anecdotal data is always suspect.  
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How many years ago?   Where was the sublet located?  How much was the application fee?  How many applicants paid the fee to be considered?  Was subletting allowed in your rental agreement?  
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I have represented many clients renting property in Waikiki and have not seen 80 applicants, let alone 80 who paid the US$25 application fee.   
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Perhaps your definition of a "decent rental" and mine differ.