Housing Bubble in Puna?

[John S. Rabi]

What you see now is pure economics. Some people who bought low are cashing out. The smart ones, or I should say the ones who don't need the money right now, are staying in for the long run. They expect 50,000 to 75,000 people moving to Puna during the next 15 years. The current prices will seem like bargain in a short period of time IMHO. Land in Puna has been vastly undervalued in the past.

Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185