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I like the high prices - although it doesn't stop everyone who can't afford Hawaii coming here, it does act like a nice filter at times and deters some people.
I like the high prices - although it doesn't stop everyone who can't afford Hawaii coming here, it does act like a nice filter at times and deters some people.
True, but it also sends physicians, bright young minds, and those with needed skills packing too.
Double-edged sword.
The article seems accurate to me, and I think it serves as a good rebuttal to the folks that pop up in every discussion of prices in Hawai'i, saying "It's not that bad," or "I don't notice much difference," or the like. I always wonder how much shopping those people actually do.
Also interesting to me is that it's tagged as first in a series. I look forward to seeing the additional installments.
Good catch PaliPatty. The University of Hawaii law professor Randy Roth has other websites with good info too. Thats where I got some of my information. Mr Roth also has two best-selling books by the name "price of paradise". This price of paradise is refered to at times as the "paradise tax".
Much like supply and demand, the term is used to mean how much are you willing to pay for paradise? It is an eye opener.
Nice article, I liked all the comparisons with DC. The biggest differences with the DC area are electricity and milk, both about 4x our cost and weather. We are being visited by the arctic vortex and it is 17deg F outside. I don't think Hawaii's cost is too much for what you get.
Also good, I like the article on beer. The quote "tourist drink lots and the goverment relies on the taxes on beer that they try to milk it good.
As I said before, we can use fancy words that don't sound ugly like suppy and demand or paradise tax. But the truth and bottom line is because its Hawai'i and perceived as paradise, big business and goverment are going to scalp you for as much as possible.
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