09-29-2008, 06:46 AM
How many retired people in Hawaii? Where are their investments? What was your house worth in 2005? What about now? Unless you have a LOT of money, maybe you're thinking about cutting back? At least a little bit? You pay income taxes, right? How would you like to pay about $4600/year more per person in taxes? This mess will be paid for in several ways: Loss of net worth, higher taxes, tighter credit, slower growth. I don't see how anyone can consider himself or herself isolated from this. I bet this is very real to the people who used to live in houses that are now REO's.
How do YOU think this will affect Hawaii? You are in a better position to answer this than I as I'm still an outsider (Serious question and I'm not trying to be a smart azz!)
How do YOU think this will affect Hawaii? You are in a better position to answer this than I as I'm still an outsider (Serious question and I'm not trying to be a smart azz!)
Puna: Our roosters crow first