REMINDER: THE ARENA PLATFORM, INC. has no obligation to monitor the Forums. However, THE ARENA PLATFORM, INC. reserves the right to review any materials submitted to or posted on the Forums, and remove, delete, redact or otherwise modify such materials, in its sole discretion and for any reason whatsoever, at any time and from time to time, without notice or further obligation to you. THE ARENA PLATFORM, INC. has no obligation to display or post any materials provided by you. THE ARENA PLATFORM, INC. reserves the right to disclose, at any time and from time to time, any information or materials that we deem necessary or appropriate to satisfy any applicable law, regulation, contract obligation, legal or dispute process or government request. Click on the following hyperlinks to further read the applicable Privacy Policy and Terms of Use.
Hawaii- Done
- Thread starter doc_flavonoid
- Start date
People who don't live in Hawaii absolutely LOVE to tell people in Hawaii what the problem is.
we're starting to cutback on initiatives and staff to reduce expenses as we expect revenue to fall soon
Counties and the state will see the same in loss of tax revenue although travel is expected to remain high during the summer vacation season
the value of most financial stocks went down by 20%-30% after the Silicon Valley debacle which had no meaning here yet we were all affected. I saw it in my stock portfolio which was $80-$90 then dropped to $40-$60 after SVB. Things have stabilized but it'll take time to get back to those numbers if maybe never. Hawaiian Air's having technical issues which is impacting it's rep with those nimble cheapskate haole consumers but i will always fly them out of loyalty to a local company. Small long time local businesses and restaurants are shutting down monthly because of inflation, rent and lack of cheap labor
Rates will remain flat if not a bit above until AFTER there's a consistent obvious move in inflation, but consumer spending is keeping it afloat even though it doesn't make sense to do so. With higher rates and more restricted lending its becoming more of a buyers market than the heavy seller's market it's been for the past 5 years. but there's still a heavy outside investment market gobbling up assets so many LLCs just check the DBET listing of businesses to see them all. All for property acquisition from outsiders and local investment huis.
UHERO predicts we may do better than the rest of the 48 especially if Japan visitors comes back to pre-pandemic which it hasn't yet.
My advice is if you can afford to buy just buy because unless it's like another japan investment induced real estate collapse prices will continue to rise. There's just too much outside "investment money" looking for a home. And why wouldn't they but knowing prices will continue to rise. It now costs twice as much to buy a home here than it did just a decade ago if you want some perspective on appreciation. But with appreciation comes higher property taxes which other than mortgages and daily expenses is forcing the retired kupuna out of house and home. If you're looking, I hate to say it but that's who your "victim" is.
Like allot of other places we're becoming a two class society. The have and have nots with no middle class. That's not a good sign.
We need to do more for young families especially those will extended relations and long connections to this aina. If and when we lose that ohana "glue" that connects us, we will lose what separates us from the rest of "hoale-ville" A bunch of "residents" with no cultural ties to "place"
And no matter what, what ever sacrifice you have to make, never leave because no matter how hard it is now it will only get worse for you to ever return. Don't give up on Hawaii, we are all that it has to save it. We have been marketed brainwashed to believe what we need to be happy. Just being here should be all we need not the all these accruturements we have been brainwashed we need to be "successful".
But then again I'm an old fart who doesn't need much to be happy.
Best of luck and best wishes to all
Counties and the state will see the same in loss of tax revenue although travel is expected to remain high during the summer vacation season
the value of most financial stocks went down by 20%-30% after the Silicon Valley debacle which had no meaning here yet we were all affected. I saw it in my stock portfolio which was $80-$90 then dropped to $40-$60 after SVB. Things have stabilized but it'll take time to get back to those numbers if maybe never. Hawaiian Air's having technical issues which is impacting it's rep with those nimble cheapskate haole consumers but i will always fly them out of loyalty to a local company. Small long time local businesses and restaurants are shutting down monthly because of inflation, rent and lack of cheap labor
Rates will remain flat if not a bit above until AFTER there's a consistent obvious move in inflation, but consumer spending is keeping it afloat even though it doesn't make sense to do so. With higher rates and more restricted lending its becoming more of a buyers market than the heavy seller's market it's been for the past 5 years. but there's still a heavy outside investment market gobbling up assets so many LLCs just check the DBET listing of businesses to see them all. All for property acquisition from outsiders and local investment huis.
UHERO predicts we may do better than the rest of the 48 especially if Japan visitors comes back to pre-pandemic which it hasn't yet.
My advice is if you can afford to buy just buy because unless it's like another japan investment induced real estate collapse prices will continue to rise. There's just too much outside "investment money" looking for a home. And why wouldn't they but knowing prices will continue to rise. It now costs twice as much to buy a home here than it did just a decade ago if you want some perspective on appreciation. But with appreciation comes higher property taxes which other than mortgages and daily expenses is forcing the retired kupuna out of house and home. If you're looking, I hate to say it but that's who your "victim" is.
Like allot of other places we're becoming a two class society. The have and have nots with no middle class. That's not a good sign.
We need to do more for young families especially those will extended relations and long connections to this aina. If and when we lose that ohana "glue" that connects us, we will lose what separates us from the rest of "hoale-ville" A bunch of "residents" with no cultural ties to "place"
And no matter what, what ever sacrifice you have to make, never leave because no matter how hard it is now it will only get worse for you to ever return. Don't give up on Hawaii, we are all that it has to save it. We have been marketed brainwashed to believe what we need to be happy. Just being here should be all we need not the all these accruturements we have been brainwashed we need to be "successful".
But then again I'm an old fart who doesn't need much to be happy.
Best of luck and best wishes to all
This reminds me of a joke about how some parents find themselves totally at a loss about what is going on (usually what is going 'wrong') with their kid and are at wit's end.
The joke being the answer: "Just ask one of your friends what is wrong with your kid(s). They'll tell you everything;, how they got there, what can happen if things go from bad to worse, and all the possible solutions to fix your kid."
For this 'joke' to have legs, the friend usually has to find some fault with the parenting.....
I wrote what I wrote cause I knew you would reply with the however many years you used to live here.
Allows me to reply that the 2nd group of people who most LOVE to share (unsolicited) what's wrong with Hawaii is those who lived here and moved away.
Allows me to reply that the 2nd group of people who most LOVE to share (unsolicited) what's wrong with Hawaii is those who lived here and moved away.
Last edited:
Thank You - I am not one of The Casa's biggest fans, but you are spot-on correct here.
It's a mentality, not an ethnicity problem - the ethnicity the people involved is irrelevant.
Look at the Facebook profiles of the many people arrested in Hawaii for violent crimes, usually involving drugs and/or guns - these are not only uneducated people, but people who come from cultural backgrounds where education is not valued.
They have literally no chance to succeed financially in a competitive society like the United States of America, hobbled by a minimal and poor Hawaii public school education and more often than not, a vicious drug addiction that drives their decent into criminal activities to make money and feed their addictions.
The Plantation gave refuge from all of these pressures and expectations - just show up for work every day and you got a free house, subsidised food, free job training, and your kids went to free public schools paid for by the territorial government.
Now Hawaii has hundreds of thousands of descendants of imported foreign plantation workers, many of whom have no place to go and nothing to do, as the plantations are gone forever.
Fortunately, like Puerto Ricans, they have US passports and can legally move to the mainland where jobs are plentiful and living costs much lower.
I have valid credentials - not afraid to brandish them.
With sister at Kalapana, Big Island of Hawaii, 1971. Photo by Mom
It’s okay to say you miss Hawaii. We won’t judge you here. This is a safe space.
Come back home. You know it’s home. I’ll give you a hug with eye contact.
Come back home. You know it’s home. I’ll give you a hug with eye contact.
I'll need a free house, a salary of at least USD $150k annually and a lifetime exemption from Hawaii State income tax, then I would consider the offer - but thanks anyway
Do you think these sorts of problems are exclusive to Hawaii? Or have not played out elsewhere?
Same and I’ve been Pualani Platinum forever but they are shitting the bed lately, big time
You’re like the only Punahou grad who can’t make Hawaii work financiallyI'll need a free house, a salary of at least USD $150k annually and a lifetime exemption from Hawaii State income tax, then I would consider the offer - but thanks anyway
you misspelled the word “descent”
kinda shame fo da “buff and blue”
A friend of mine is on the board at a start up Hub here in Honolulu (top 20 accelerator in the US). He said the Punahou alumnus sentiment among tech business leaders is: No entrepreneurs, no innovation, no business savy and no internet hustle. Still living off old family money and business connects, but take them out of those old family connections and nothing. Ideas are weak and execution flops.
Ummmm - most Punahou grads don't live in Hawaii anyway. Went the mainland, Asia or Europe and never looked back.
Would the eye contact be before and/or after the hug? Asking for a friend