Decline in Real Estate

[Beachboy]

quote:

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We looked at several homes this last Tuesday and one renter of a house we looked at told us someone else had been there just before us. At another home we were told that three people had looked at the home that day. It sure doen't seem that there is a lack of interest in the real estate on the East side.

Rose C

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no of course not Rose. Housing in Hawaii has always been in demand. But don't you find it a bit stranger seeing all those empty brand new homes in the subdivisions? Funny, but if you go to a place like Lahaina Maui, or even Honolulu to some extent housing is a problem(supply & demand).

All I'm saying is watch out! The Bush people want you to think the economy is super robust at this time. Allowing the Chinese to buy up a chunk of our debt makes it look like our economy is moving forth. Our economy is moving forward only because of Americans love of plastic!!!

Bush is playing a dangerous game with the lives of the middle class America. China, at any given time can cripple our economy..