Puna land prices?

[Rob L]

There are several reasons why Puna is the most affordable place in the State. A lot of people like the dryer leeward side of the islands. But, the big reason is that Madam Pele could inundate almost any lot in Puna at any time. If she does, I think we can see interest in buying go way down and with it prices. So long as Madame Pele is happy with the current Pu'u O'o erruption harmlessly flowing through Volcano National Park, Puna prices should be more related to interest rates. But as soon as the earth opens up, all bets are off. Still, for people who actually want to live in Puna, the chance of being in the path of a lava flow in their life time is pretty small.

Aloha,
Rob L

Edited by - Rob L on 07/25/2006 14:48:50