11-22-2010, 10:24 AM
dennis you might find time fixes the problem. last time the hawaiian economy took a dive in the early 80's the same thing happened. even "good" neighborhoods went south, as people moved to the mainland in search of jobs, their homes became rentals, things got bad. the economy improved, home values went up, absentie landlords evicted tennants to sell high and neighborhoods cleaned up. now we are in another down cycle. my established, formerly "good neighborhood" is a really different place than it was 3 years ago. multiple families in rentals that formerly housed nice families. if you can hold on to the property it might come back up again. i think the recovery happens in the less expensive neighborhoods first frankly. best of luck enjoy your vacation.