Are Foreign Buyers Really Buying Up Hawaii? (or at least why it feels that way)

With Hawaii experiencing a housing crisis, should the State ban foreign investors from buying homes here? It seems that foreign buyers get a lot of the blame for the current housing market in Hawaii. And while they do have a small impact on the market, the data doesn't seem to support the public perception that foreign buyers are scooping up homes from local buyers. So I wanted to take a closer look at the data and also talk about why the numbers may not be revealing the entire story.

State of Hawaii Housing Market Data - https://dbedt.hawaii.gov/economic/hou...

2022 Hawaii Housing Report - https://www.hawaiinewsnow.com/2022/08...

Intro - 0:00
What the Hawaii Housing Data Tells Us - 0:40
Foreign Buyers - 1:01
Mainland Buyers - 2:45
Local Buyers - 4:53
Why This Distinction Matters - 7:40
Closing Thoughts - 9:04

Filmed using the Insta360 Ace Pro.

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