Population of Honolulu goes down, home prices too.
In the News today: Honolulu's estimated population was about 905,601 in July 2007 which was a 0.1 percent decline. The Census bureau estimates there were 1,114 fewer people in Honolulu on July 1 than a year earlier
It's hard to believe there are over 900,000 people on this island, when you consider that it only takes about 40 minutes to get from one end to the other. Also, most of the people live along the south side, right in Honolulu town, while much of Oahu remains uninhabited. If you drive up to the North Shore from the Windward side, you'll see there is still plenty of space on Oahu for people to live, there just isn't much infrastructure out there.
This leads me to wonder how many people this island can sustain without being in massive trouble. How much water, power, trash, sewage, etc, can the island sustain? How many more people can move here before the amount of housing just completely runs out? How many more people can the freeways and roads handle?
All these things point to the cost of real estate rising in Hawaii forever. That is, until the Lord returns.
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