The Chinese Are Coming, The Chinese Are Coming, The Chinese Are Coming
Wow, we have long been awaiting for the Chinese to break out of their insular habits and get out and mix with the rest of the world. Well, it is finally starting. And maybe even, they are bringing some of the dollars we have been sending their way to buy goodies and services of every shape and kind. You never know, they might even discover that our homes and land are cheap by their standards and you never know, this may usher in another boom in our Real Estate Market. I think so!
The Honolulu Advertiser broke this news to us as a big splash in their article, "China opens up package tours to U.S." in the June 18th Business Section. It seems the whole thing grew out of an agreement negotiated last December that gave the U.S. and Hawaii, China's "approved destination status". This is no small achievement. China has long guarded its country, boarders and people from mixing with those of us who are not Chinese in a big way.
But what this change means is that Chinese travel agencies can now market package tours to American destinations and it permits U.S. destinations to advertise directly to the Chinese public. This is an enormous change!
On June 17, an initial group of more than 200 tourists flew in from "Beijing, Shanghai and Guangzhou for a 12-day visit that will take them to destinations such as Hawai'i, New York, Washington and Los Angeles. The trips cost about $4,000 each." Once these folks find us and the word gets out, we can expect a sea change in the culture of the country and from a very selfish perspective, a very large inflow of capital into the USA, and from our own perspective, here in Hawaii.
I can only say Welcome! Good times are just around the corner for real estate agents. Be happy and learn to speak a little Chinese.
And, just to keep our perspective, China is not what it used to be. It is a modern thriving economy struggling hard to not only join the rest of the world, but to lead the rest of the world. Keep your fingers crossed.
Are you ready?
RE/MAX Kai Lani, 25 Kaneohe Bay Drive, Kailua, HI 96734 --- 808-237-5300