Asia May Hold A Key To Honolulu Real Estate Values!

September 16th, 2008 categories: The Market

Beautiful unknown flower behind my home.

Beautiful unknown flower behind my home.

The key to Honolulu real estate has been ongoing demand for a very limited supply of homes and condominiums.  Besides local buyers, over the years we have seen Californians, Canadians, Japanese and others add additional demand that has ultimately fueled increases in our Honolulu real estate values. In past posts, I have been tracking the ongoing removal of barriers for Chinese travel to Hawaii.

Great news!  Today’s article at Pacific Business news shows that there is concerted effort being made to open Chinese markets.  The article also says that Korean travel to Honolulu is coming too.

“The emerging Chinese and Korean visitor markets may well be the future of Hawaii’s tourism industry, helping it to recover from declining Japanese and U.S. Mainland markets.”
READ THE PACIFIC BUSINESS ARTICLE

Let’s encourage expanding the number of people that can come to Hawaii.  It means job growth and is good for real estate values.

Chinese Time
The Canadians Are Coming
The Chinese Are Here
The Koreans Are Here

This entry was posted on Tuesday, September 16th, 2008 at 7:06 am and is filed under The Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. Hawaii Real Estate Reporter said at September 16th, 2008 at 11:27 am

    Hopefully the infux of visitors from Asia will help our market like you mention. Encouraging!

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