🤔Thinking of buying or selling Real Estate on the Big Island of Hawaii? 📱 Call or Text: 808-707-8609 📨 Email: maly@discoverthebigisland.com 📅 Book a Zoom Consultation: discoverthebigisland.com/contact/
Economics have changed. As we are going from Post Industrial economics to service oriented industry of a consumer economy. Fiat currency (Monopoly money) only gets inflated. Land is limited and consumer goods are imported.
I feel for the locals. It is also happening in other beautiful locations too. My adult children can't afford a home in our location. Prices for homes and land have skyrocketed!
@@melissafavrow The need for affordable housing continues to grow and it is certainly impacting our local community 🙏 Thank you for adding to the conversation. I hope that prices become more achievable for your adult children 🙏
Regulations are needed but not to the extreme they are. It is driving low to middle income citizens, farmers, ranchers, out of the rural areas into the cities. The Government is building pack and stack public housing. It's actually happening EVERYWHERE including on the mainland. Inflation along with non-Americans (ie China, Canada etc) are buying land and houses by outbidding Americans and paying cash. That has become a serious issue. Average middle income Americans are driven to renting. Then greedy landlords raise the rent over time. Becoming one big NYC. Hawaii is unaffordable for middle income Americans who dream of owning their own place. But whether it's in Hawaii or elsewhere, to experience your God given right to pursue your happiness by buying in rural areas, unless you pull together with family to buy, it's unattainable. Only the weathy will be able to have their piece of paradise. Us little people will own nothing and have to be satisfied with a concrete community, stack & pack housing and eating bugs.😢
@@discoverthebigisland Well the solution is very simple: adopt the housing model of Singapore (which is about the size of Molokai, with a population of nearly 6 million, hardly any of whom are homeless or destitute): a _strategic_ amount of high-rise apartment complexes --- NOT a building spree like in China. But of course, the NIMBY-ers block any such proposals and their implementation.
Economics have changed. As we are going from Post Industrial economics to service oriented industry of a consumer economy. Fiat currency (Monopoly money) only gets inflated. Land is limited and consumer goods are imported.
🤔Thinking of buying or selling Real Estate on the Big Island of Hawaii?
📱 Call or Text: 808-707-8609
📨 Email: maly@discoverthebigisland.com
📅 Book a Zoom Consultation: discoverthebigisland.com/contact/
Economics have changed. As we are going from Post Industrial economics to service oriented industry of a consumer economy. Fiat currency (Monopoly money) only gets inflated. Land is limited and consumer goods are imported.
I feel for the locals. It is also happening in other beautiful locations too. My adult children can't afford a home in our location. Prices for homes and land have skyrocketed!
@@melissafavrow The need for affordable housing continues to grow and it is certainly impacting our local community 🙏 Thank you for adding to the conversation. I hope that prices become more achievable for your adult children 🙏
Regulations are needed but not to the extreme they are. It is driving low to middle income citizens, farmers, ranchers, out of the rural areas into the cities. The Government is building pack and stack public housing. It's actually happening EVERYWHERE including on the mainland. Inflation along with non-Americans (ie China, Canada etc) are buying land and houses by outbidding Americans and paying cash. That has become a serious issue.
Average middle income Americans are driven to renting. Then greedy landlords raise the rent over time. Becoming one big NYC.
Hawaii is unaffordable for middle income Americans who dream of owning their own place. But whether it's in Hawaii or elsewhere, to experience your God given right to pursue your happiness by buying in rural areas, unless you pull together with family to buy, it's unattainable.
Only the weathy will be able to have their piece of paradise.
Us little people will own nothing and have to be satisfied with a concrete community, stack & pack housing and eating bugs.😢
Thank you for adding to the conversation. This matter is very complex and solutions are needed for local residents.
@@discoverthebigisland Well the solution is very simple: adopt the housing model of Singapore (which is about the size of Molokai, with a population of nearly 6 million, hardly any of whom are homeless or destitute): a _strategic_ amount of high-rise apartment complexes --- NOT a building spree like in China. But of course, the NIMBY-ers block any such proposals and their implementation.
Nothing new anywhere in the world!
Economics have changed. As we are going from Post Industrial economics to service oriented industry of a consumer economy. Fiat currency (Monopoly money) only gets inflated. Land is limited and consumer goods are imported.