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Wikipedia on Puna - quite an in depth look:
"85% of section 8 housing".............
"2030" expected population 75k"..........
http://en.wikipedia.org/wiki/Puna,_Hawaii
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look at it this way...
75,000 people spread out over Puna's 499 sq miles is nothing compared to Oahu's 1,000,000+++ people on 596 sq miles...
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save our indigenous and endemic Hawaiian Plants... learn about them, grow them, and plant them on your property, ....instead of all that invasive non-native garbage I see in most yards... aloha
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save our indigenous and endemic Hawaiian Plants... learn about them, grow them, and plant them on your property, ....instead of all that invasive non-native garbage I see in most yards... aloha
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Bananahead,
The difference is that in Puna we will still have the biggest cul-de-sac in the United States with one road serving the bulk of the district.
Assume the best and ask questions.
Punaweb moderator
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quote:
Originally posted by Bullwinkle
"2030" expected population 75k"..........
Highly doubtful. All of Hawaii county is only showing about a 1000 per year net increase according to the county chart:
http://www.hawaiiscoops.com/wp-content/u...dget04.jpg
Also, the county home sales took a big plunge in the first quarter of 2013:
http://pics4.city-data.com/cotrends/ctr1212.png
There is a period of high local inflation approaching. This is going to raise the cost of living higher, probably enough for more than the usual to go back to the mainland. It would take a tripling or quadrupling of the people moving to Puna and staying to reach that projection in that time period.
"This island Hawaii on this island Earth"
*Japanese tourist on bus through Pahoa, "Is this still America?*
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Pahoated, Wow, the fall off in home purchases in the first quarter as shown on your graph is stunning. Any idea what the cause of that is?
Aloha,
Rob L
Aloha,
Rob L
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"...Also, the county home sales took a big plunge in the first quarter of 2013:
http://pics4.city-data.com/cotrends/ctr1212.png ..."
Not in HPP, houses are selling fast (according to real estate agents anyway).
Puna: Our roosters crow first
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quote:
Originally posted by Rob L
Pahoated, Wow, the fall off in home purchases in the first quarter as shown on your graph is stunning. Any idea what the cause of that is?
No, it was kind of a surprise. It seemed like there was some uptick in real estate activity. This guy has several more charts, and tries to emphasize the growth but the charts show a steadily decreasing rate of home sales since 2011:
http://www.hiloagent.com/bigislandrealestate.htm
The real estate around here is a real mixed bag. There is a big deal made of the huge Puna growth from 2000 to 2010 because of the 2010 census but this view is kind of skewed. There was phenomenal growth from 2000 to 2007 but then the crash happened. The growth rate has slowed considerably since then. There are abandoned houses all over and almost everybody that bought during the bubble before 2008 are deeply underwater with their homes. My neighbor's home lost 50% of value from his purchase price in 2008.
There was a news article last year that stated something like 7,000 people move to Hawaii island every year but about 6,000 move away. From what I see, the people moving here are retirees, and the people moving away are locals and kids that need jobs and can't afford to stay. This is a major topic of concern around here because this kind of scenario can't be sustained. The older retirees want more convenience and infrastructure, especially medical care, but it takes an active, younger workforce to provide those. With all the planning that goes on around here, there is very little execution. Talk story is cool but not that cool when it becomes the Neverending Talk Story. Besides that, with every development plan, there is massive protest and opposition. Then, in contrast, really crazy, huge, expensive projects like the macademia nut granulated charcoal project dumps millions into a huge plant that fails before it's even started. Hawaii is the stuff of dreams but some of these dreams need reality checks or maybe a need to wake up before indulging in them.
"This island Hawaii on this island Earth"
*Japanese tourist on bus through Pahoa, "Is this still America?*
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quote:
Originally posted by pahoated
From what I see, the people moving here are retirees, and the people moving away are locals and kids that need jobs and can't afford to stay.
This scenario is not unique to Hawaii; it's very common wherever the local economy is skewed towards "tourism" and "retirement" (these are often seen together due to the many things they have in common).
What I find ironic is that this situation never results in either a higher minimum wage or relaxed code enforcement: the local government just assumes that tourists/retirees can afford "a few more dollars" in taxes/fees/etc, without a second thought as to who will flip the burgers and take out the trash.
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There's a lack of inventory right now of houses that are cheap. The bargains have been snapped up.
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A big plus for East Hawaii is the reduced overhead ... when you look at things like property taxes here vs Cali .... buys a lot of round trips on united for medical care.
Locals & employment - retire ees build houses, grade lots and buy furniture - all good for the local economy. Try building a house without a local sparky or plumber - try finding one of those or a shuttle to the airport at $7.25 an hour......
we retire ees also bring in a lot of $$$$$ as all the 401's are cashed out - one look at the real estate portion of the retirement - tourism - real estate triangle keeps the ball rolling in east hawaii.
Interesting in my hood - folks are building - while the repo's sit... have building costs dropped to the level where its a push? the lots sure are bargains these days.....
Folks moving away for jobs of lifestyle? Hawaii unemployment rates always seem lower than mainland.
minimum wage jobs - I have hired many folks - some are just worth minimum wage - others will become my competition in 5 years..... some plumb my house at $85 an hour and yes - some flip my burgers - the smart ones get a 15 - 20% tip when I leave the table..... its all about choices and compromise imho