03-05-2018, 04:23 AM
The economy goes up for 10 years and drops for 10 years - Currently we are 8 and a half years into a upswing in our local economy .In about 2 years when East Hawaii the Island go into an economic tailspin barring any hurricanes ,lava flows or large earthquakes - many recent arrivals will be leaving in droves .Foreclosures and vacant homes will again be the norm .Tax base will shrivel .
Yes true - choke building going on at this time - plenty folks coming from Oahu and Maui and retirees from mainland .Just a few short years and the local economy will crash .
We have met many out of state recent arrivals in the last year .Many of them buying homes or vacant land and building - totally unaware of the local ways - and the number ONE grumble is the cost is so high of everything .
As kalakoa stated so well >>> When all is said and done, Hawaii will be "just another EXPENSIVE place". <<<
Mrs.Mimosa
Yes true - choke building going on at this time - plenty folks coming from Oahu and Maui and retirees from mainland .Just a few short years and the local economy will crash .
We have met many out of state recent arrivals in the last year .Many of them buying homes or vacant land and building - totally unaware of the local ways - and the number ONE grumble is the cost is so high of everything .
As kalakoa stated so well >>> When all is said and done, Hawaii will be "just another EXPENSIVE place". <<<
Mrs.Mimosa