Think about the paradise of Hawaii. Nice beaches and everybody's relaxing, surfing and just having the time of their lives. But, there's a price to pay to live here. A very high price to pay. You have to think of the cost of a house and how expensive how expensive houses actually are in Hawaii. Hawaii is #1 for most expensive houses in Hawaii, you have to pay for utilities, too and there are people who are constantly making Hawaii even more expensive. The costly prices of houses in Hawaii causes a major problem for struggling local Hawaii residents.
Hawaii's houses are very luxurious. They can be right next to the beach or have a breathtaking view outside their window. This is why Hawaii is #1 for most expensive houses in the nation. According to "Huffington Post", it stated, "Housing is perhaps the most critical element of the cost of living in Hawaii." Hawaii's most expensive houses in Hawaii contributes a big role in why Hawaii is also the #1 most expensive state in Hawaii. Also, "Huffington Post" also stated, "Hawaii residents continue to spend a higher percentage of income on housing than anywhere else in the nation." Now, Hawaii is #1 in most expensive houses, most expensive state and most percentage of income used on housing. These categories are not good to be #1 in.
Houses are really expensive in Hawaii. These houses are so expensive that "Huffington Post" did some research and found that, "A single family home in Hawaii is $665,000. The national average is $257,000." Houses in Hawaii are more than two times more expensive than all of the other states. But, after you buy the house, you have to pay for utilities also. "Huffington Post" also said, "The people of Hawaii pay the highest electricity rates at 37 cents per kilowatt hour, triple the national average of 12 cents per kilowatt hour." Adding this makes Hawaii the most expensive housing state by a landslide.
Houses are not just expensive in Hawaii for no reason. The reason that makes Hawaii's houses the most expensive in the nation is the rapidly increasing population. More people means more houses bought, more houses bought means less houses for sale, and less houses for sale means those houses' prices are increased. If the population increases, so does the prices of the houses. According to "Huffington Post", "Since 1993, electricity got four times more expensive and housing costs have doubled." And as I said before, this increase in pricing is because of the increasing population. "Huffington Post" showed, "Population in 1990- 1,108,229. In 2003- 1,257,608." In those 13 years, the population has increased about 150,000. At this rate, Hawaii's housing prices will skyrocket even higher.
In conclusion, the prices of houses in Hawaii are ridiculous. It's #1 in the country, houses also come with utilities you have to pay for, and houses are constantly getting more expensive by the day. The costly prices of houses in Hawaii causes a major problem for struggling local Hawaii residents. This is a very hard problem to fix in Hawaii and it is not something that you like if you live in The state of Hawaii.
