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Old 03-23-2012, 09:03 PM
 
Location: Oahu
431 posts, read 939,815 times
Reputation: 588

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If you can, catch the latest episode of "House Hunters."
It's a search for a single family home on the island of Oahu.
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Old 03-24-2012, 12:37 AM
 
1,872 posts, read 2,815,136 times
Reputation: 2168
Did you call it right? I really thought they were going to pick house #3.
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Old 03-25-2012, 04:40 PM
 
Location: Oahu
431 posts, read 939,815 times
Reputation: 588
Quote:
Originally Posted by McFrostyJ View Post
Did you call it right? I really thought they were going to pick house #3.

Did you catch the very end of the program where they thanked their relatives for helping them buy the house?
Yep. That sums it up here, for many locals.
In all fairness, Mom and Dad (and Grandpa and Grandma) truly cherish the extended family and they are very willing to help their kids and grandkids stay here in Hawaii. Family closeness is a strong value here.
And yeah, I thought they would go for House #3 too!
I would also bet that they didn't sell their old condo. People here never sell property unless they are on the blanks of their blankses. They rent out their properties and keep accruing.
Smart!
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Old 06-17-2012, 07:33 PM
 
Location: Kapolei, HI
6 posts, read 17,177 times
Reputation: 22
I used to love watching House Hunters until my husband read an article about the whole thing being staged. They have to close on the house they are buying before being on the show and find 2 other houses to say no to. I was disappointed
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Old 06-20-2012, 04:09 PM
 
Location: oakland / berkeley
507 posts, read 917,215 times
Reputation: 404
Oh, I don't think it takes the enjoyment out of the show. We watch it because we love hearing about other city's real estate markets. The phony acting when the agent calls them up to say "they got the house!" (ALWAYS!) was always the big tip off. Also, the idea that the whole production crew would make TWO visits to these cities (hunting, then "six months later.")
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Old 06-21-2012, 06:37 AM
 
Location: Dublin, Ohio
406 posts, read 865,698 times
Reputation: 387
Quote:
Originally Posted by wooliemonster View Post
Oh, I don't think it takes the enjoyment out of the show. We watch it because we love hearing about other city's real estate markets. The phony acting when the agent calls them up to say "they got the house!" (ALWAYS!) was always the big tip off. Also, the idea that the whole production crew would make TWO visits to these cities (hunting, then "six months later.")
And when it comes down to it there is no reality in any of the "reality" shows. If there was, there would be no camera crews, hosts, etc. etc. etc. But just try and tell that to most of the people who watch them................

Mickey
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Old 06-21-2012, 12:02 PM
 
941 posts, read 1,966,663 times
Reputation: 1338
Quote:
Originally Posted by PaliPatty View Post
Did you catch the very end of the program where they thanked their relatives for helping them buy the house? Yep. That sums it up here, for many locals. In all fairness, Mom and Dad (and Grandpa and Grandma) truly cherish the extended family and they are very willing to help their kids and grandkids stay here in Hawaii. Family closeness is a strong value here.
I think that's an inevitable side effect of the housing bubble (which has deflated in Hawaii but never popped). Just think, it's an aberration that a regular house that the parents bought for 200K and make $800 mortgage payments on is now worth 800K. But that's because the low interest and mortgage fiasco drove down the qualifications, and that drove up the demand and prices, all artificially.

But now the kids want to buy a house, and it costs 400K (used to be 500-600K before the deflated bubble), and they're just starting out and they don't have that kind of money. So the parents either use their savings or take money out of their house (because they have steady jobs and can afford a second $300 mortgage payment). The artificial appreciation in one place (benefit to the parents) has to be extracted and transferred to where it is needed (otherwise it hinders the kids).

BTW, I just made up all these numbers, I didn't see the show and don't know what prices they were looking at.

The housing bubble in this country benefitted some people, and it hurt a lot of others. I can't really be upset at the people who cashed out of a house near the peak (the people we bought from, for example), but I am upset at the banksters who manipulated the mortgage market, skimmed off their share, and then left everyone holding the bag.
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Old 06-21-2012, 01:21 PM
 
Location: Moku Nui, Hawaii
11,050 posts, read 24,024,330 times
Reputation: 10911
The banks are still holding their share. The amount of bank owned houses is amazing. You'd think they'd all go into the rental business what with the amount of houses they own.

As far as "reality" shows, well, there's not a lot of "real" produced by United States TV productions and that includes the evening news.
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