After September 11, 2001, militarism and real estate boomed in Hawaii. Military expansion brought real estate speculation, and for the first time in Hawaii, a market for wealthy people looking to buy a second home. The combined increase in militarism and private land ownership have set housing prices beyond the reach of average workers who simply cannot afford rents that have doubled in just a few short years.
FSRN Weekly Edition – April 28, 2017
28 Apr, 2017
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