07-18-2009, 04:22 AM
"The very large population on Oahu who desire to retire to the Big Island in the next 20 years and have plenty of equity in very expensive homes on Oahu could well provide the population needed to buy up the residential sections of the planned development for this area."
Bingo.... this rather than mainland investment will drive the next 20 years of development as mainland financials will be in the dump for years to come. (off topic but the biz lenders are imploding this week over there, just the latest round of the melt down)
The best thing about the Shipmans' is that they do have a sense of responsibility as well as rights when it comes to land ownership. I am looking forward to their projects, so would Puna if the leaders follow wise counsel. Local developers are always more in tune than carpetbagger developers. makes a difference if one expects to actually be near the development for the rest of the generations. Rather than taking the money and running.
My 2 cents - Aloha
Bingo.... this rather than mainland investment will drive the next 20 years of development as mainland financials will be in the dump for years to come. (off topic but the biz lenders are imploding this week over there, just the latest round of the melt down)
The best thing about the Shipmans' is that they do have a sense of responsibility as well as rights when it comes to land ownership. I am looking forward to their projects, so would Puna if the leaders follow wise counsel. Local developers are always more in tune than carpetbagger developers. makes a difference if one expects to actually be near the development for the rest of the generations. Rather than taking the money and running.
My 2 cents - Aloha