The Price of Living in ‘Paradise’ Is Higher Than Ever

Land and homes in Hawaii, never inexpensive, are more in demand in these days of remote working — as in remote from the U.S. mainland.

New York Times

By Michael Croley
Photo: Kohanaiki | NYT

Hawaii has long been a dream destination for wealthy home buyers from the United States mainland. But that has probably never been more true than now.

“From the second half of 2020, into 2021, luxury sales volume in the state of Hawaii grew at a frenetic pace,” said Matthew Beall, the chief executive of Hawaii Life, a real estate firm.

“The state saw triple-digit growth in transactions,” he added, noting that his firm alone had experienced 307 percent growth in total dollar value.

Publish : 2021-11-07 00:00:00

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