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thenewgreen · 3753 days ago · link · · parent · post: In Hawaii, $600,000 for a single-family home is a BARGAIN
With a median income at $36k and a median house price of around $700k, there is something wrong. But then, when you move to paradise, you can't expect that it will be cheap. It also seems to be a case of supply and demand. Plenty of people already are. In the last 20 years, Hawaii’s population has grown by more than 40 percent, which helps to drive the price of land upward.
Demand is up.