record real estate prices

[Bullwinkle]

Sentiment has been that much of our pricing sales will come from folks in neighbor islands as they sell the more desirable (to mainlanders anyway) - real estate upon retirement and moving to the BI in search of Aloha

Currently Big Island the oldest per capita demographics.

http://www.hawaiinewsnow.com/story/25955...ecord-high

[pahoated]

You would think there would be a rush to sell in Honolulu and move to Hawaii island. It's not just the median home price, there is a property tax that goes along with it. There was one guy I knew that had bought a house for $75K many years ago, and the assessment had gone over $600K with almost $15K for property tax. It does force a lot of Oahu locals to do something once they retire, since their retirement income isn't enough to cover the property tax, even if the home was paid for.

The sardonic humor is that most of these retirees prefer to move to Las Vegas than Hawaii island. I know several people from Oahu and they don't like Hawaii island, either the vog or that it's too primitive or there are no AA restaurants. Also, a lot have kids that had to leave the islands for jobs on the mainland, so they are moving to be near their grandkids.

"This island Hawaii on this island Earth"

[Obie]

My friends on Oahu sold and moved to San Antonio.They moved there to be close to their grandkids.Got a new house in a good neighborhood with a pool for under 150k.The rest of the money is now their retirement.
I don't think you are going to see a big rush of people from Oahu.

[Tink]

They claimed the same story a couple of years ago. Lure of the casino and grandchildren on the mainland keeps it in balance. Also the shopping options.

Community begins with Aloha

[csgray]

The jungle lot next to us is owned by someone on Oahu, so is the jungle lot behind us, the house next door is owned by a woman who lives on Oahu, the lot next to us when we lived in Seaview was owned by an Oahu woman who bought it when she was in college at UH-Hilo in the 80s. This is an unscientific sampling, but an awful lot of people from Oahu already own lots here, some will retire here and some won't, but there are a lot of Oahu based lot owners and absentee landlords already.

Carol

[bananahead]

people that choose/seek to live on that crowded polluted crime/traffic ridden overpriced tiny island,... like to live in that situation, they dont want peace, nature, privacy, or land... they want to be indoors, walk cement breath carbon monoxide, and only sometime go to a crowded tourist infested beach or do a short hike in the mountains overlooking all the cement for their 'nature' fixx.
If they really wanted most of them can buy dozens of acres of land on the Big Island once they sell their old tiny 1/5th acre lot w/plantation house in Kaneohe etc. ... but these people really dont want quiet, otherwise theyd be here already...
Oahuites are the same type of indoor kooks that choose/want to live in scummy San Francisco rather than in beautiful lush Marin/Sonoma/Napa counties just over the GG bridge away...

some people just dont want land and wide open!

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save our indigenous and endemic Hawaiian Plants... learn about them, grow them, and plant them on your property, ....instead of all that invasive non-native garbage I see in most yards... aloha