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Since many threads on here want to eliminate many financially rewarding professions and industries, my questions is what profession/industries do you see the young people of the east side involved in that would allow them to achieve financial security if they desire. At this point with land and homes being incredibly expensive, how woudl you propose to help these kids do well (excluding family inheritances from the boomers and boomers parents, and farming.)
James, in particular, - You always have good ideas, what are your suggestions?
Catherine Dumond
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I am an advocate of a business park or two in Puna. One in Pahoa and one mauka. Each should have at it's core a
"business incubator" which is a facility which provides government subsidized rent an business mentoring and shared servies like reception, accounting, billing.
An incubator give young start ups assistance in those first critical 2-3 years when most business fail. This could be connected to the high schools or colleges as well.
My 5 cents. Good question.
Assume the best and ask questions.
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Good question.
I had to leave there because there simply were no jobs in my "Tech" field.
I have a college degree and I'm still having difficulty finding something that "I WANT" to do when I go back home. I love the job I'm in now, but will have to sacrifice the income for the lifestyle when I do move back.
Education is the key to success and I think many of today's kids that are raised in Puna do not see the value of education.
Real Estate seems to be what the majority of the people who are from the mainland are coming over and doing.
You can only have so many Real Estate companies though so that boom is going to end soon.
So to help kids do well... we as adults need to be responsible in raising them.
And we also need to realize that some of the kids are perfectly happy living in the financial situations they are in.
Are you hiring Cat? 
I forgot to mention... If we gave away free College Tuition to Residents and Charged "out of state residents" the difference, then we could systematically have more local kids that are able to have a college education and a possibility of a job locally w/out having to compete with those that come here from the mainland, get there education here, and then stay here and compete with Residents for the few jobs that are here.
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quote:
At this point with land and homes being incredibly expensive, how would you propose to help these kids do well (excluding family inheritances from the boomers and boomers parents, and farming.)
Catherine Dumond
Cat, there are NEW homes for sale for $260,000 in HPP. It would cost $1,643/month to buy such a house with 100% financing. After the tax write off the "net" would be $1,095/month, which is probably less than the rent for such a house. Home ownership is attainable for everybody.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,RB
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quote:
...It would cost $1,643/month to buy such a house with 100% financing. After the tax write off the "net" would be $1,095/month, which is probably less than the rent for such a house. Home ownership is attainable for everybody...
So after taxes you would have to make at least $11/hr (40 hours a week) just to pay the mortgage each month before tax credits. Then add in insurance, utilities, property tax, and of course food, gas, car insurance. I wont even mention the issue of children as expenses.
The cost of housing and just living is still higher than most of the jobs pay on the Big Island. What jobs can we offer the kids? Rob's idea is a good one. Damon suggestion that some are happy where they are is also good but also doesnt address my question.
John although I appreciate the information on housing, my question still is what careers can we offer the kids?
Edited by - kapohocat on 12/12/2007 15:09:41
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Some folks are looking into live-in elder care. They rent out several rooms to elders and provide meals and weekly room cleaning. Depending on the level of services they are willing to extend, they can charge quite a bit for rent. Probably enough to pay the mortgage and provide for a family, especially considering they wouldn't have to drive to the other side of the island for work and they can care for their own children while caring for the elders.
"I like yard sales," he said. "All true survivalists like yard sales."
Kurt Wilson
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There is an effort afoot to develop a substantial health care facility on Hawaiian Homelands (Makuu) which, in additional to providing health care services, could have nursing training and a variety of wellness capabilities.
I think this idea - Dan Domizio's and Richard Bidleman's - offers a host of possibilites for Puna, for youth, for job creation, for everyone.
How can we all help make this happen?
1. You can donate money to the new upcoming clinic in Pahoa.
2. Write, write, write your representatives, local, state and federal.
3. ??
Assume the best and ask questions.
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Civil Engineering! You can take a few different paths.
1.Work for a large construction company.
2.Work for engineering firm.
3.Work for the County or State.
4.Work for yourself
If you chose to work for the County or State and put in 10-15 years you will acquire life time health benefits and a small pension, then go to work for a large company and make the big bucks or start your own business. I have a friend with the County as an engineer and he will put in 10 years and get out and start his own business.
"Many dreams come true and some have silver linings, I look for my dreams and a pocket full of gold" Led Zeppelin
If you think health care is expensive now, wait until you see what it cost when it’s free...now here come the taxes.....
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quote:
There are NEW homes for sale for $260,000 in HPP. It would cost $1,643/month to buy such a house with 100% financing. After the tax write off the "net" would be $1,095/month, which is probably less than the rent for such a house. Home ownership is attainable for everybody.
Doubtful that "everybody" can afford these houses. Especially since there are no more 100% loans, the sub-prime lenders imploded. We are looking at a recession if not depression next year (as per Stanley Morgan) and high paying jobs are gonna be few and far between.
Here's some hypothetical numbers:
miles to Kona from Puna = 125
25mpg car = 5 gallons/ $4 gallon = $20 per day
time to Kona 4 hours
Figure a basic service job of some sort at $16 an hour - but it's in Kona.
$16 per hour - 25% taxes = $12 hour x 8 hours = $96 per day
$96 per day -$20 gas each day = $76 per day
$76 per day x 20 days (mon thru fri) = $1,520 per month
(Note: they are spending 12 hours to work an 8 hour day.)
Well, even if they had time to spend in a new house, they still don't have enough to buy it. Unless you have two wage earners in the household AND the household would then be dependent on BOTH of them keeping their jobs. Seems like risky business to me.
Okay, a less high paying job, but it's in Hilo:
miles to Hilo = 20
20 mpg car = 1 gallon/ $4 gallon = $4 per day
time to Hilo 1/2 hour
$12 per hour - 20% taxes = $9.60 per hour x 8 hours = $76.80 per day
$76.80 per day - $4 gas each day = $72.80 per day
$72.80 per day x 20 days (mon thru fri) = $1,456
A "high paying" $4 more per hour job in Kona leaves a net gain of $64 more per
month however they spent an additional 80 hours per month in commute time.
So, whatever they are doing, it is probably better for them to do it in Hilo.
"I like yard sales," he said. "All true survivalists like yard sales."
Kurt Wilson
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The University of Hawaii in Hilo is a wonderful deal for residents, (and non-residents, even though they pay over 2X resident fees, it is still less than in-state tuitions at most Universities)
On island, astronomy field starts at $50k up to $100k+
Pharmasist (plus the university now has a program - entery with 2 years of college) $80k+
Geology, meteorlogy, environmental sci, marine science, museum sci, comp sci, nursing, food service, social work, teaching all have some jobs here that start in the $45+/yr.
It is amazing to look at the diversity of jobs just on the 3 mountians, some of the top obervatories in the world in weather, volcanoes, astronomy plus all of the support personnel needed....
If you know some young people that are looking for direction, the career center at the University is definately a great resource!
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