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Mana'o on Buying in Hawaiian Acres
#6
There are some people who just would not consider living on the unpaved roads in part of HA, I know because my husband is one of them, because some of the roads are so rutted and some flood and wash out during heavy rains. That reduces the possible buyers for those properties, which drops the price. Plus there are not all that many lots on the pavement, so their supply is limited, which raises their price. Basic law of supply and demand: high supply and fewer buyers=low prices, low supply and more buyers=higher prices. Remember some of those people paid a lot more for those lots a few years ago, so they aren't being greedy, just trying not to lose too much when they sell.

Carol
Carol

Every time you feel yourself getting pulled into other people's nonsense, repeat these words: Not my circus, not my monkeys.
Polish Proverb
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RE: Mana'o on Buying in Hawaiian Acres - by csgray - 11-26-2013, 01:46 AM

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