Opposition To New Construction Will Increase Prices

By
Real Estate Agent with KU Realty

May 24th, 2010 categories: For Buyers, The Market

Time and again I have stated that I believe Honolulu property prices will rise over the middle to long term. A recent article in the Honolulu Advertiser shows the opposition that almost all new development faces on Oahu.  What opponents seem to miss is that by slowing growth, they increase demand and therefore inadvertently increase the cost of housing. CLICK HERE TO READ THE ENTIRE POST.

Comments (1)

Tiffany Torgan
Harcourts Prestige Properties of La Jolla - La Jolla, CA
Featured on HGTV's New Show! How Close Can I Beach

Hi Keahi! Interesting post! I hope that plays out that way! Have a great day!

May 24, 2010 11:02 AM