Real Estate in Puna Is still over priced

[StillHope]

quote:

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Originally posted by Mauka

Come to visit and enjoy but don't move here.

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So you were born here,Mauka?
Is your advice based on facts how many people didn't make it here?
Would be interesting to hear the facts.
Or you moved here yourself and thinking to go back ?

[Guest]

D

[StillHope]

Mauka,you did not offend me at all.I am new here.So whether I'll make it or not only the time will show.
But I was reading this "What do you miss.." thread and it looks like good food is about the only thing missed by most posters.This tells that me that they made it too.

[Guest]

S

[DanielP]

LOL Punatic!

Forget the road because Hawaii doesn't have the intellegence that California had?

The subdivisions are what allows the expansion, not the infrastructure. Hawaii has just gotten it backwards. The growth will occur because the subdivisions have been done. Puna is headed for traffic gridlock. Puna doesn't need a new road for future growth, it needs five new roads.

Don't get me wrong, that is not what I would like to see, it is what I believe will be necessary to provide decent traffic movement because of how many parcels that have been allowed to be created.

Aloha, Dan

[StillHope]

No problem,Mauka.
As far as the real estate goes,there's some good in the process -the property tax is getting lower.

[Guest]

A

[DanielP]

Yeah! lower property taxes! Damn traffic congestion. Hmmmmm

[JerryCarr]

Hmmmmm . . . I wouldn't count on property taxes getting lower. The mayor is already talking about raising some categories to make up for the fall in valuations. Also, a lot of us who are longer-term owner occupants had our increases restricted during the bubble and are still getting increases in a declining market due to the prices not having fallen below the "ceiling" that the restrictions set.

[Punatick]

quote:

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Originally posted by StillHope

No problem,Mauka.
As far as the real estate goes,there's some good in the process -the property tax is getting lower.

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Source of your information and who it applies to?