> For the complete documentation index, see [llms.txt](https://docs.aloha-dao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aloha-dao.com/overview/hawaii-property.md).

# Hawaii Property

[Hawaii real estate](https://www.hawaiiliving.com/oahu-mls/) is ***expensive**.* It always has been, and always will be compared to many other US locations. The four primary reasons are:

1. **High demand** for ‘paradise.’
2. The **scarcity of *****buildable***** land,** – This is an island state.
3. **High shipping costs**, – No other major population center in the world is this remote, surrounded by more ocean than Honolulu.
4. **Lack of incentives for developers to build**. – Governmental red tape and thin profit margins due to expensive land and development cost prevent developers from offering *truly* affordable housing solutions. Some developers migrate to other *easier,* more *lucrative* mainland markets to develop.

<figure><img src="https://lh4.googleusercontent.com/zW9pDV1heNGMw6P2ziBCTM15JMCr10cy3B746lJRxZHUKj1Uh-2GB09p2-paz3mRHHpJAy-xfzOZTynct1rkTdv3U_3j81FC_96rPWS40A5_m6qlXNI1B0IUiV-LY40ASnVfWlPYxfrz2sSzWTYDfH4IEn1pkm9nBB6CKym0e0gCIYE66OMuvOaDRcG5" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh4.googleusercontent.com/vI-ERj70MNXRAqd84-7N_r6K0E5H_e6F5n0Ub2n5k2iQo7qJrH4xuXkWUHk8hZ9tFsH-t7E1tXSrNvQ9IfOYwOPNqpArc3AGIjG5nUZdhJToGUdiwzi-dQ53jQMC3XnjxUuFk9ghTta2H6U399Yb9ynLdBldDDLci8Q5M54OyoTb8w0lAaek8Np4FL7I" alt=""><figcaption><p>Always new development</p></figcaption></figure>

<figure><img src="https://lh6.googleusercontent.com/FMadZ-sJjbxhFGqPCcczbavzJwAcASiAP-4yiO4xoGG6aXgiyZZAi-WcF9HbL62_6LmaN6fEKFzCKrq-3U6_dRrAMd9ozbzi_PVI3vlsv4vn1vkPwVbgdkpc3mROI24TQ3nV2Qhn1wNyqGFBbbBaDML1mktOZ-uZs6_jGfplyXzLEZzfnehrfx83tcpb" alt=""><figcaption></figcaption></figure>