05-14-2009, 03:32 PM
Which way would you like to have it? Is the 80th percentile capable of buying property, or broke? This is a question that can be answered, regardless of day to day valuations . A bank can handle those calculations, at least in this environment where you don't get to lie about everything anymore--so we can see. Again, we know the other folks are broke and not buying property in Hawaii. 4 years ago they could, and did. Today, they don't. We're only concerned with those who can, and would. That's a surprisingly small demographic, I expect.
There is a land rush occurring. It's off the radar, buying big lots off of Craig's list with cash. This is the next group of players here in Puna. Be forewarned. I'm a moderate, and mostly broke. When this crowd gets dialed up to play, Tiburon, here we come.
There is a land rush occurring. It's off the radar, buying big lots off of Craig's list with cash. This is the next group of players here in Puna. Be forewarned. I'm a moderate, and mostly broke. When this crowd gets dialed up to play, Tiburon, here we come.