Who hasn’t dreamed of living in Paradise? For those lucky enough to call Hawaii home, they have achieved what many of us in other states or countries will only wish for. There are people who just do it. They pack up and move there to live. Some others go for a visit and then just never leave. Some people retire to Hawaii. If you are seriously considering moving to Hawaii there are things you will need to know before you do anything permanent. As in every move, there will be positives and negatives in your new location. After researching the day-to-day aspects of owning Hawaii real estate, it will be up to you to decide if you really want to pursue your dream or just continue to fantasize about it.
If you are making a pre-decision visit to Hawaii, the most desirable time to be there is between January and May, or between September and November. There are fewer tourists during these months and that makes it easier to arrange more affordable accommodations and travel arrangements.
One of the selling points of living in Hawaii is the climate. The temperatures range from the low sixties to the low nineties depending upon the time of year. Because of the rain forests, some areas are quite humid when the temperature is higher. There are very few tropical storms and almost no extremes in weather conditions.
There are six major islands which make up the state of Hawaii. The most densely populated is Oahu, which is also called “The Gathering Place”. Honolulu, which is the capital of Hawaii, and the famous Waikiki are located on Oahu. Honolulu is similar to many major cities in America with its busy streets and ample shopping opportunities. Most of the jobs on Oahu are in tourism, sales, health care, construction, agriculture, and government/military.
Although the island of Maui is larger than Oahu the population is much less. The lifestyle on Maui, while being less crowded and hectic, still offers ample activities to make it a desirable piece of Hawaii real estate. There are fewer job opportunities, with the two major industries being tourism and agriculture.
The second largest of the Hawaiian Islands is Oahu, while the largest is the Big Island of Hawaii. The population there ranges between that of Maui and Oahu. With tourism being the main industry, other job fields include agriculture, cattle ranching and astronomy. The main crops produced here are macadamia nuts, orchids and Kona coffee.
Salaries earned in Hawaii are much less on average than it actually costs to live there. Housing is very expensive for minimal square footage. This creates a cost of living gap which makes it necessary for most residents to share housing with other families in many cases. Surveys show that 44 percent of all residents in Hawaii are renters. Purchasing Hawaii real estate is far beyond the means of many residents. Food is very expensive in most areas making it necessary for most people to plan their menus around what they can afford to buy rather than what they would like to eat.
For those can afford to purchase property there are two types of ownership: Fee Simple and Leasehold. With Fee Simple ownership the land and structures on it are purchased outright, as is a normal practice everywhere. This is a favorable practice because the land belongs to the buyer, with no lease fees for ownership. The unfavorable aspect of this is that purchase prices are so very high. Leasehold means that you own the improvements on the land, but never the land itself. You pay monthly lease fees on the property. While this is a more economical way to own Hawaii real estate, the buyer is always aware that the lease will come to an end at some point and require renegotiation.
Each of the Hawaiian Islands has a diverse ethnic population, with White and Asian having the highest percentages. There are actually very few true native Hawaiians living there. The reason for this is believed to be that in the past so many of the true Hawaiians died of various diseases that there were only a few left.
The educational system in Hawaii is unique in that the entire state operates under one school system. There are 284 public schools in the state. About 18 percent of the children there attend one of the 128 private schools, although tuition in these schools is very expensive.
True Hawaiians speak a dialect all their own, which is called Pidgin. Because this language is unique and essentially an attraction to the islands, many travel companies hire Pidgin speakers as customer service representatives. They believe that hearing the accent will entice potential travelers to buy passage to Hawaii. Pidgin dictionaries and even a Pidgin Bible entitled “Da Jesus Book” can be purchased in book stores there.
There is a multitude of information that one should learn about purchasing properties in Hawaii before actually making the decision to move there. After all the votes are in and the opinions are polled, Hawaii still sounds like Paradise, and who wouldn’t want to live there?