Thinking about making the move to Hawaii? Reach out! We're here to help :) Call or Text us: 808.277.0869 Email us: micah@paradisebrokers.com Schedule a Zoom Call or Phone Call: schedule.paradisebrokers.com/
When I was in Honolulu for two weeks I found a great camera store packed with all the latest technology including a newly released G-Master lens I was looking for MSRP, so I suppose the technology availability depends on the type of technology you're looking for. Obviously, a camera store will flourish in any type of tourist area. I'm moving to the area soon. The housing challenge is stressing me out. Especially since I have a Tesla EV.
Welcome to Hawaii, I hope your move goes well! We have a Tesla too and we had some issues charging it until we got into a house where we can charge at home. If you're planning to live in a condo that doesn't have an EV charger, I would recommend picking up a CHAdeMO adapter so that you can charge at the fast charging stations by HECO. They have stations scattered throughout the island and those are the fastest charging options. Tesla has a super charger here as well but it's over in Aiea and the lines can get pretty long. On technology, I meant that I wish there were more technology related companies out here. That's an industry that is currently pretty small in Hawaii.
@@hawaiisrealtor Ahhh, makes sense. Perhaps with remote work there are Microsoft, Google, Meta, Amazon technology employees living on O'ahu, just not represented by a fancy corporate campus. Yeah, that's why I'm leaning towards Ewa Beach because then I have a garage where I can install a home charger. Which is sad because I'm single and really want to live in the energy of Waikiki. Perhaps a condo would allow me to install an electrical line to my parking spot at my expense, but that raises all kinds of safety and code issues.
@SoCalFreelance Yeah that's a good point, I'm sure there are. My wife is in school right now to become a software engineer so having more job opportunities for her would be nice, but in the end she may also look at the remote job. Ewa Beach is nice and there's quite a bit more flexibility for things like EV chargers, but you're right, some of my single friends/clients have also wanted to be closer to the city instead of the more suburban feel of Ewa. Some buildings will allow you to install a Tesla charger, that's becoming more common. Would be happy to hop on a call with you sometime Monday or Thursday to talk about the different areas of the island and they're pros and cons to help you find the area that would be a good fit. There's a lot of nuances to the different neighborhoods so I'd be happy to help point you in the right direction.
Hawaii, the island of Oahu in particular, has basically turned into a rather large theme park for the rich and well to do. But not just for Americans.There are Russians, Chinese, Japanese, Europeans, Australians, New Zealanders who are buying large chunks of real estate and condominiums as investments. This is the fault of the policies and politicians of our state. Affordable housing for hard-working locals? Ha! I've lived on Oahu for 32 years, and the politicians still have never stopped ✋️ the foreign investment industry in Honolulu. They just keep buying and buying and buying.
I get where you're coming from.. It can definitely seem like that sometimes. I know it seems like foreigners are buying up all of the real estate, but that just isn't the case and they end up being the scapegoat for our real estate problems. Here are some stats that show the profile of Hawaii's real estate buyers and where they are coming from (see link below). Of the 8,368+ Hawaii properties sold so far in 2024, less than 100 of those were to foreigners so roughly about ~1%. The reason property values are so high is because the demand is much higher than the supply. So this isn't an issue of foreign buyers, this is an issue of a lack of inventory/supply and the real place to point blame for this issue is DPP and the government who have imposed so much bureaucracy, regulations and red tape that it's become so expensive to build that hurts our housing supply and increases home prices for Hawaii's residents. DPP is ultimately the bottleneck to our housing supply crisis. www.tghawaii.com/wp-content/uploads/Buyer-Stats-Oahu-Q2-2024.pdf
Thinking about making the move to Hawaii? Reach out! We're here to help :)
Call or Text us: 808.277.0869
Email us: micah@paradisebrokers.com
Schedule a Zoom Call or Phone Call: schedule.paradisebrokers.com/
When I was in Honolulu for two weeks I found a great camera store packed with all the latest technology including a newly released G-Master lens I was looking for MSRP, so I suppose the technology availability depends on the type of technology you're looking for. Obviously, a camera store will flourish in any type of tourist area. I'm moving to the area soon. The housing challenge is stressing me out. Especially since I have a Tesla EV.
Welcome to Hawaii, I hope your move goes well!
We have a Tesla too and we had some issues charging it until we got into a house where we can charge at home. If you're planning to live in a condo that doesn't have an EV charger, I would recommend picking up a CHAdeMO adapter so that you can charge at the fast charging stations by HECO. They have stations scattered throughout the island and those are the fastest charging options. Tesla has a super charger here as well but it's over in Aiea and the lines can get pretty long.
On technology, I meant that I wish there were more technology related companies out here. That's an industry that is currently pretty small in Hawaii.
@@hawaiisrealtor Ahhh, makes sense. Perhaps with remote work there are Microsoft, Google, Meta, Amazon technology employees living on O'ahu, just not represented by a fancy corporate campus.
Yeah, that's why I'm leaning towards Ewa Beach because then I have a garage where I can install a home charger. Which is sad because I'm single and really want to live in the energy of Waikiki. Perhaps a condo would allow me to install an electrical line to my parking spot at my expense, but that raises all kinds of safety and code issues.
@SoCalFreelance Yeah that's a good point, I'm sure there are. My wife is in school right now to become a software engineer so having more job opportunities for her would be nice, but in the end she may also look at the remote job.
Ewa Beach is nice and there's quite a bit more flexibility for things like EV chargers, but you're right, some of my single friends/clients have also wanted to be closer to the city instead of the more suburban feel of Ewa. Some buildings will allow you to install a Tesla charger, that's becoming more common.
Would be happy to hop on a call with you sometime Monday or Thursday to talk about the different areas of the island and they're pros and cons to help you find the area that would be a good fit. There's a lot of nuances to the different neighborhoods so I'd be happy to help point you in the right direction.
Yeah traffic is the biggest con. Rush hour and rain. The perfect recipe to turn the H1 into a parking lot.
So true, I try to plan my day around traffic whenever possible
Luau bombs from Mike/ Kaneohe Mall food market PRO
Can't say that I've had that yet but I'll need to try it next time I'm in Kaneohe
Hawaii, the island of Oahu in particular, has basically turned into a rather large theme park for the rich and well to do. But not just for Americans.There are Russians, Chinese, Japanese, Europeans, Australians, New Zealanders who are buying large chunks of real estate and condominiums as investments. This is the fault of the policies and politicians of our state. Affordable housing for hard-working locals? Ha! I've lived on Oahu for 32 years, and the politicians still have never stopped ✋️ the foreign investment industry in Honolulu. They just keep buying and buying and buying.
I get where you're coming from..
It can definitely seem like that sometimes. I know it seems like foreigners are buying up all of the real estate, but that just isn't the case and they end up being the scapegoat for our real estate problems.
Here are some stats that show the profile of Hawaii's real estate buyers and where they are coming from (see link below). Of the 8,368+ Hawaii properties sold so far in 2024, less than 100 of those were to foreigners so roughly about ~1%.
The reason property values are so high is because the demand is much higher than the supply. So this isn't an issue of foreign buyers, this is an issue of a lack of inventory/supply and the real place to point blame for this issue is DPP and the government who have imposed so much bureaucracy, regulations and red tape that it's become so expensive to build that hurts our housing supply and increases home prices for Hawaii's residents. DPP is ultimately the bottleneck to our housing supply crisis.
www.tghawaii.com/wp-content/uploads/Buyer-Stats-Oahu-Q2-2024.pdf