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Topic

Regarding the unusually high housing prices in Hawaii. Average value over $1 million.

Free talk
#1
  • mik
  • mail
  • 2021/10/06 21:22

Realtors say that Hawaii's unusually high housing prices compared to other states are due to limited land, strict regulations, and the fact that real estate investors come from all over the world, but what do you think about the average price of a single house being over $ $1 million? Is the realtor's explanation correct ?
I don't think so.

Hawaii has the lowest property taxes in the country. New Jersey has the highest property taxes, followed by Illinois, home to Chicago, which has property taxes that are 7 ~ 8 times higher than Hawaii's.

In order to increase property tax revenues, Hawaii's politicians continue to favor investor-oriented policies that lead to higher real estate prices instead of policies that protect residents.
Isn't this strange ??

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#9
  • mik
  • 2021/10/09 (Sat) 21:07
  • Report

polygon, if you already own your own property, the value of your home has gone up considerably due to the rising real estate prices ?


Enough, even the middle class is benefiting from the economy ( lol )

. More than half of Hawaii's population is poor and can't benefit from the economy because they can't afford real estate.
There are definitely more people less fortunate than you, so you should think about that when you speak.

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#10
  • polygon
  • 2021/10/10 (Sun) 12:07
  • Report

#9 mik

I bought my current place just a few years ago, so it hasn't gone down, but

some are selling for the same price as they were then.

Instead of worrying about us middle class, mik, you are probably looking for a titled property.

You are more likely to buy a house around Million.

Poverty is self-inflicted. It's because you choose that kind of profession. Some people in their 40s locally are already PayOff.

It's probably a matter of foresight. I think the homeless are those who only thought about today without thinking about the future.

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#11
  • mik
  • 2021/10/10 (Sun) 15:13
  • Report

[Instead of worrying about us middle class, mik, you are more likely to be looking for a titled property.

I'd much rather you buy a house around MILLION dollars]


No, I am not wealthy or middle class. I am still young.
Affordable is for these relatively young state residents who are looking to buy property in Hawaii for the first time.
It is important to understand that Affordable is not a right that can be used by the middle class ) (those who already own real estate) because they do not have enough money to purchase a property.

Also, according to the current Hawaii real estate transaction data, there are an overwhelming number of cases where the buyer must offer a higher price than the seller offered in order to win the bid. ( More than 70% of all ) This is nothing but evidence that property owners are benefiting financially. Those who can't afford to buy a house and are living in a rental property just keep paying rent day after day and will never own the property forever.


[Poverty is self-inflicted.
One point that caught my attention was this statement, but it's a big mistake.
Anyone can be HOMELESS in this society. ( It is a little bit dark )
For example, no one could have predicted in advance that this pandemic would prevent Japanese tourists from coming to Hawaii. ?
Many people who were engaged in the tourism business with Japanese people are suffering now.
Also, there are people who used to run tour companies for Japanese tourists who are now bankrupt and homeless because of this. ( I know someone )
I wonder if he deserved it ?

You should start by developing a heart of compassion. I think Jesus would be surprised to see your writing.

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#12
  • polygon
  • 2021/10/10 (Sun) 15:40
  • Report

mik

I am ZOOMMEETING in many places, so why don't you join us ?

I learned the same thing at that ZOOMMEETING as well as with friends and acquaintances.

Everyone is a bit in the dark.

That's why it's important to have a savings account, and you should know that you can't live with just one source of income.

Being a cashier is not the only part-time job.

There are many side jobs nowadays. Let's do our best.

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#13
  • コロナが悪い?
  • mail
  • 2021/10/10 (Sun) 17:39
  • Report

I think it is very good to enjoy the present.

But it is important to live not only for the present but also for the future.

Like the ant and the grasshopper, if you are prepared, you may be able to get through the hard winter happily, but if you are not prepared, you may experience difficulties that you never thought you would.

Also, working hard ( and being diligent ) is surely a cool thing to do. ( However, I do not agree with working too hard to the point of damaging your body )

And to laugh at someone who is working hard is definitely not cool.

It would be nice to be able to think, "I'll do my best, too," without laughing at those who are working hard.

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