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41,000 in 2000 to 43,000 in 2010 is hardly - soaring.
I specifically referenced 1990, when Hilo was 37,804 population vs today it's about 45,000, that's 16% right there, plus the population growth of Puna has far exceeded that of Hilo proper. And apparently everyone in Puna shops at Walmart, by the looks of things on a Saturday afternoon.
Maybe soaring was too strong a word, but the population growth has been strong, allowing well funded mainland corps with deep pockets to backfill other businesses into DHHL properties, sucking corporate profits out of the community and raising the ante beyond local proprietors' ability to compete.
I can see how those rents benefit the Homelands operations, and I wish them only well with that, but it did effectively gut the value of much of the other commercial property in the town.
I specifically referenced 1990, when Hilo was 37,804 population vs today it's about 45,000, that's 16% right there, plus the population growth of Puna has far exceeded that of Hilo proper. And apparently everyone in Puna shops at Walmart, by the looks of things on a Saturday afternoon.
Maybe soaring was too strong a word, but the population growth has been strong, allowing well funded mainland corps with deep pockets to backfill other businesses into DHHL properties, sucking corporate profits out of the community and raising the ante beyond local proprietors' ability to compete.
I can see how those rents benefit the Homelands operations, and I wish them only well with that, but it does effectively gut the value of much of the other commercial property in the town.
It has actually raised commercial rents in Hilo. Have you actually tried to rent space? I have. It certainly isn't cheap, anywhere, no matter how bad the shape of the building.
HPM and Honsador (local building supply stores) seem to be doing just fine with Home Depot located just down the street?
Just fine? Ever been in HPM on a weekend, when Home Depot is knee deep in customers and the lines are long at the registers? Kinda snoozy, in my experience. HPM is not getting much of the DIYer business any more, but instead are hanging on by specializing in professional tools and tool rentals, contractor accounts and working long standing relationships, by offering design services and custom millwork and manufacturing, like the custom roofing they make in Hilo, whereas Home Depot has to order roofing material from the mainland.
HPM President Michael Fujimoto was successful in making the transition to competing with big box corporate business because he began planning for it before Walmart opened the floodgates, studying what his company's strengths and weakness were, and looking for ways to build the company in areas where they were most competitive and would not go head to head on specific items, as well as joining a national buyers co-op in order to secure better prices on merchandise.
And that is the pattern of all the pre-Walmart small businesses that made it through to today... like Paradise Plants and Hirano's Stationers Corp... they were smart enough to make changes to their businesses before the "Walmart Effect" hit them, like Paradise plants dropping product lines and vendors which were carried by Walmart, and concentrating on what they had exclusively... and they each had the courage and the money to stick it out through a major disruption of the local market... and they each sought out the advice and support of the SBA and the local business owner's association... and they had the tenacity and strength to hang on for enough years that things could stabilize again in the new community market configuration... and they kept high service levels and personal relationships in sharp focus.
Today, perhaps, but I'm talking about the late 90's after Walmart showed up. The rising population is apparently refloating those old boats now, but there was a long time when most of those properties were simply vacant and unwanted.
So - 15 years ago - what does that have to do with 2014?
The same as it did before... it's about mainland corporations displacing locally owned small businesses and altering the culture and character of an entire small town... and not for the better.
The same as it did before... it's about mainland corporations displacing locally owned small businesses and altering the culture and character of an entire small town... and not for the better.
Well - since it happen in the 90s, I'd suggest it is time to move on. Sometimes you have to let things go and this seems to be a good example. It is - what it is.
The same as it did before... it's about mainland corporations displacing locally owned small businesses and altering the culture and character of an entire small town... and not for the better.
And they won't end intill they have every island and town. Thats what ive been saying. Theres no compromise or middle ground. 1 billion is to much money but 100 billion is never enough. Assimilate or be conquered. 100 years ago to now no difference, same spirit of intent. Call me a radical or whatever. The truth is the truth.
Im also glad uncle you know and see this issue well, most are sleepwalking.
I specifically referenced 1990, when Hilo was 37,804 population vs today it's about 45,000, that's 16% right there
I hate to break it to you - but 16% population growth since 1990 lags the state by quite a bit in that time period.
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