Thursday, July 25, 2013
Monday, July 8, 2013
MAUI ECONOMICS SUMMER 2013
Some years ago when I moved to Maui, the Time Share Industry was charging around $5,000 to $15,000 per week vacation in Paradise. Now with the advent of the high-end hotels, like the Marriott and the Westin and the Hyatt, the prices are in the $100,000. Not only that, but the system has gotten so sophisticated that the new owners are getting points and other incentives to sign-up. And they are. On the other hand, the Maui Real Estate, the prices have gone up one more time, and sales are almost again looking like the early 2,000's. Of course most sales are done in the condo section. An average of $500,000 and up and that is not including the Monthly Maintenance Fees in average of $600. You figure it out.
We live in a world today, in which Total Net Assets is approximately $200 trillion Dollars, of which
$40 trillion are executed, borrowed and invested in government debt, around $60 trillion is in loans to multiple entities and about $40 trillion is corporate debt. Most of this debt is owned to the World Bank and all its subsidiaries the Central banks. All this is owned by the "elite trillionaires". I don't want to mention any names. If you don't know by now, who they are, you have a lived in a make believe world of your own. If you take inflation into the equation, most investors will loose billions. In the equity market or fixed income securities the withdrawals have reached and all time high. Hedge Funds(public pension plans) will again take another beating as they did in the past.
So who has all the money? Cash money is useless as an investment. Only the poor working class believe that their paper money is an asset. In fact with it, they can purchase staples and pay their bills. Credit cards are also part of their resource to maintain the standard of living sustainability.
Although credit card consumer has decreased, it is still a problem.
The World Bank and its subsidiaries have all the money and is invested in commodities, natural resources and world Hard-Assets. Their investment are all over the world. And the world governments leaders are their partners. It is the "elite government" that elects everyone to their provisional governments. You are their slaves. The working poor.
So, everyone is indebted to the "elite autocracy". Will it change? Not really. It did not change in the past history of man and it will not change today. So, what will happen next? All governments and its citizens are in debt and the monetary tightening and debt obligations are choking everyone to death. Maybe Quantitative Easing is a social benefit from the elite, to the government, and then to its people. But is not the answer. Printing paper money devalues the dollar and the world deals are all executed in dollars. Another currency? Invented by who? and control by who?
The pattern is recurrent, insolvent and illogical. An Egalitarian Economy could be the answer. But the elites will make sure that, that will not happened. They have always succeeded in past transitions That is the reason why they are killing the middle class. Although, the middle class will grow in the BRIC countries. Contrary to ours.
This is what I think. We are in a termination period of dealing with "fiat currency". The rich already stole every cent they could from the slaves and invested it in Hard Assets. The slaves will have to resort to Trade and Barter with the rich and themselves. Money will become obsolete. Governments will pay for all social services, including food and shelter and communities will have to become organic sustainable producers. If you don't believe me, just think about the 17 trillion dollars National Debt. Still going up and the fact that just the interest is killing the USA. I am sure you know who we owe this money too.
The world population is at 7 billion right now and with the approximate numbers that I gave you at the start of this discussion, everyone is already in debt even before they were born. World economics will change in automatic succession, exactly the way is changing right now as I write, and no one, even the elites will be able to control this change. The only obsolete is CHANGE.
Be prepared for an upcoming change in our planet earth, with natural disasters(common in planetary evolution), the termination of our antiquated belief systems and all that education and indoctrination that we were taught by those who controlled us the " elite autocratic system"
Respectfully Submitted
ANDRE ADOLOFFO(BA)
We live in a world today, in which Total Net Assets is approximately $200 trillion Dollars, of which
$40 trillion are executed, borrowed and invested in government debt, around $60 trillion is in loans to multiple entities and about $40 trillion is corporate debt. Most of this debt is owned to the World Bank and all its subsidiaries the Central banks. All this is owned by the "elite trillionaires". I don't want to mention any names. If you don't know by now, who they are, you have a lived in a make believe world of your own. If you take inflation into the equation, most investors will loose billions. In the equity market or fixed income securities the withdrawals have reached and all time high. Hedge Funds(public pension plans) will again take another beating as they did in the past.
So who has all the money? Cash money is useless as an investment. Only the poor working class believe that their paper money is an asset. In fact with it, they can purchase staples and pay their bills. Credit cards are also part of their resource to maintain the standard of living sustainability.
Although credit card consumer has decreased, it is still a problem.
The World Bank and its subsidiaries have all the money and is invested in commodities, natural resources and world Hard-Assets. Their investment are all over the world. And the world governments leaders are their partners. It is the "elite government" that elects everyone to their provisional governments. You are their slaves. The working poor.
So, everyone is indebted to the "elite autocracy". Will it change? Not really. It did not change in the past history of man and it will not change today. So, what will happen next? All governments and its citizens are in debt and the monetary tightening and debt obligations are choking everyone to death. Maybe Quantitative Easing is a social benefit from the elite, to the government, and then to its people. But is not the answer. Printing paper money devalues the dollar and the world deals are all executed in dollars. Another currency? Invented by who? and control by who?
The pattern is recurrent, insolvent and illogical. An Egalitarian Economy could be the answer. But the elites will make sure that, that will not happened. They have always succeeded in past transitions That is the reason why they are killing the middle class. Although, the middle class will grow in the BRIC countries. Contrary to ours.
This is what I think. We are in a termination period of dealing with "fiat currency". The rich already stole every cent they could from the slaves and invested it in Hard Assets. The slaves will have to resort to Trade and Barter with the rich and themselves. Money will become obsolete. Governments will pay for all social services, including food and shelter and communities will have to become organic sustainable producers. If you don't believe me, just think about the 17 trillion dollars National Debt. Still going up and the fact that just the interest is killing the USA. I am sure you know who we owe this money too.
The world population is at 7 billion right now and with the approximate numbers that I gave you at the start of this discussion, everyone is already in debt even before they were born. World economics will change in automatic succession, exactly the way is changing right now as I write, and no one, even the elites will be able to control this change. The only obsolete is CHANGE.
Be prepared for an upcoming change in our planet earth, with natural disasters(common in planetary evolution), the termination of our antiquated belief systems and all that education and indoctrination that we were taught by those who controlled us the " elite autocratic system"
Respectfully Submitted
ANDRE ADOLOFFO(BA)
Sunday, June 30, 2013
Monday, January 7, 2013
MAUI HAWAII REAL ESTATE 2013 ANALYSIS
After six(6) years in Maui Hawaii doing Real Estate, I finally terminated or cancelled my license, December 31, 2012. The reason, there are no opportunities like there were before. Right now, the competition between Realtors is more furious and competitive. Furious in terms of interaction as professionals. The reactions and behaviour in transactions are more and more cut and dry. Everyone is looking out for the "buck" and how much are you winning or loosing in terms of commissions and money. Competitive, the more your advertise, the better your chances are of been contacted by a prospective buyer. The problem is that advertising is very expensive. Only a few of the Realtors are able to do this. You can see them in one or two of the magazines left dealing strictly with Real Estate. The two major companies are: REMAX and PRUDENTIAL. Others are smaller privately own companies that have been around for twenty(20) years or more and they advertise fiercely.
In Maui Hawaii, Time Share is still a thriving market. You can check by yourself by visiting Starwood Hotels such as: the Westin Kaanapali Resort, the Westin Villas and the Sheraton Maui. Another is the Marriott Time Share company. The cost is astronomical but the average buyer has no clue of the financial consequences. What they want is a great vacation and the option of trading with other properties around the world. Construction is pretty much at a stand-still, although some residential developments are commencing in different sections of Maui.
Although nationally homes prices are on an upturn, here in Maui, the single median family home ranges between $600,000 to a $1,000,000 or more. But watch-out for what you get for the buck, specially if you are from the mainland are accustomed to a manicured development where all residences looking about the same. Here in Maui, the dichotomy still exists. A nice house, where behind there is a shack or the next block or two you can find a condo development that is affordable housing.
Some factors in favor of the buyer are low interest rates and an income level per capita that beats the average per capita income of the average Mauian laborer. Another factor is that some houses with mortgages here in Maui are still in stages of mortgage default and are upcoming listings. So be ready to make a cash offer, if you have it.
In conclusion, the Maui market is still a "buyers market", money talks and qualification by the bank is king. Good credit scores are a plus. The down payment specially if it is 20,30,40 or 50% is a qualifier. Be ready to supply evidence to the bank that your income and assets are projectively prosperous for the term of the mortgage maturity.
A good investment is buying a fractional ownership, specially if it a high end residential property in a reputable neighborhood like Kapalua, and Kaanapali. Equity is good.
Whether you are a first time buyer in paradise, or looking for a second pad I recommend that the first person you should consult is your accountant, then your banker and then the Realtor, in that order. Always ask the Realtor, to see The Public Record Data. This information will give you the factual prices of the property from day one to the present. It will give you a clue of its appreciation and how old it is, plus many other tips.
And finally, my personal opinion dont buy any properties if you can not afford it. If you are in the market for the long term, do it. Good luck.
ANDRE ADOLOFFO(BA)
andreadoloffo3@gmail.com
www.saaaproductions.org
www.andreadoloffostudio313.com
In Maui Hawaii, Time Share is still a thriving market. You can check by yourself by visiting Starwood Hotels such as: the Westin Kaanapali Resort, the Westin Villas and the Sheraton Maui. Another is the Marriott Time Share company. The cost is astronomical but the average buyer has no clue of the financial consequences. What they want is a great vacation and the option of trading with other properties around the world. Construction is pretty much at a stand-still, although some residential developments are commencing in different sections of Maui.
Although nationally homes prices are on an upturn, here in Maui, the single median family home ranges between $600,000 to a $1,000,000 or more. But watch-out for what you get for the buck, specially if you are from the mainland are accustomed to a manicured development where all residences looking about the same. Here in Maui, the dichotomy still exists. A nice house, where behind there is a shack or the next block or two you can find a condo development that is affordable housing.
Some factors in favor of the buyer are low interest rates and an income level per capita that beats the average per capita income of the average Mauian laborer. Another factor is that some houses with mortgages here in Maui are still in stages of mortgage default and are upcoming listings. So be ready to make a cash offer, if you have it.
In conclusion, the Maui market is still a "buyers market", money talks and qualification by the bank is king. Good credit scores are a plus. The down payment specially if it is 20,30,40 or 50% is a qualifier. Be ready to supply evidence to the bank that your income and assets are projectively prosperous for the term of the mortgage maturity.
A good investment is buying a fractional ownership, specially if it a high end residential property in a reputable neighborhood like Kapalua, and Kaanapali. Equity is good.
Whether you are a first time buyer in paradise, or looking for a second pad I recommend that the first person you should consult is your accountant, then your banker and then the Realtor, in that order. Always ask the Realtor, to see The Public Record Data. This information will give you the factual prices of the property from day one to the present. It will give you a clue of its appreciation and how old it is, plus many other tips.
And finally, my personal opinion dont buy any properties if you can not afford it. If you are in the market for the long term, do it. Good luck.
ANDRE ADOLOFFO(BA)
andreadoloffo3@gmail.com
www.saaaproductions.org
www.andreadoloffostudio313.com
Tuesday, November 20, 2012
FISCAL CLIFF IN THE USA/HAWAII 2012
122012 MAUI HAWAII USA
We have read about the "fiscal cliff", a new term that emerged after the election with more impact of concern. Irresponsible spending, and lack of money managment wisdom is factorial of this situation. The USA national debt is over 16 TRILLION DOLLARS. Most amazing is that our debt is owed to other countries. I am not going to mention them, since we all know who they are. Americans will get a rude awakening, after the fiscal 2012. We, are the only country in the world that spends BILLIONS of dollars to elect a president in a DEMOCRACY(for the people, by the people of the people). We exemplify mediocricy, and grandiose elements in conjunction with hypocritic egocentric behaviour.
The "fiscal cliff", will be dealt with swiftly with Quantitative Easing by the Fed. A corporation, independent of all government agencies, able to manipulate the dollar currency and how much tender it prints. Never has been audited. It is controlled by billionaires and trillionaires from different sectors of the world, and of course they controlled the World Bank. All the nations in the planet are indebted to it; perhaps an exception of one or two. The "fiscal cliff" or "fiscal grip" is a burden on the American Taxpayer. On the horizon, the rich will be paying more to alleviate the inequality of taxation. But, it will not be enough to counteract the immensity of such DEBT. Just the interest alone is killing us.
What is ahead?. Lookout for the Financial Global Storm, coming our way. We will continue to get more in debt and spend money that we dont make. Logical reasoning, should tell us, not to continue such trend. But we will. In Hawaii, a sectarian-centric economy, manipulated by government politics, and politicos with no entreprenuralship skills will get us into more debt. Will borrow from the Fed. And will have to pay back one way or another. Nothing is free. Hawaii, is a tourist driven economy, and Real Estate taxation continues to constitute about 33% of its total revenue. The microeconomics has not improved and the macroeconomics will take years to catchup with any other world island or small country with more solvent economies in a comparative economic analysis. Slow and backwards is the motto here. Inflation will continue to rise and the standard of living per capita will be a slow process too. In the end, Hawaii, will always will be a "nice paradise to visit". Maui, has been named by Conde Nast, "best island destination in the world" again. In my opinion, have they seen other islands? One last comment, is the famous Front Street, just recently named with an accolade of "America's Famous Streets". This street needs a "spic and span" and manicuring to reach the standards of famous streets I have seen in the USA and the World.
In conclusion, the "fiscal cliff" anf the "fiscal grip" and the "status cliff" will be around the corner to slap us one more time and tell us "wake up morons", but the remedy will be hard to swallow and the recuperation will be slow. In the meantime continue to work one or two or three jobs in order to catch-up. But, you never will. If you know what I mean. Thank you.
ANDRE ADOLOFFO(BA)
We have read about the "fiscal cliff", a new term that emerged after the election with more impact of concern. Irresponsible spending, and lack of money managment wisdom is factorial of this situation. The USA national debt is over 16 TRILLION DOLLARS. Most amazing is that our debt is owed to other countries. I am not going to mention them, since we all know who they are. Americans will get a rude awakening, after the fiscal 2012. We, are the only country in the world that spends BILLIONS of dollars to elect a president in a DEMOCRACY(for the people, by the people of the people). We exemplify mediocricy, and grandiose elements in conjunction with hypocritic egocentric behaviour.
The "fiscal cliff", will be dealt with swiftly with Quantitative Easing by the Fed. A corporation, independent of all government agencies, able to manipulate the dollar currency and how much tender it prints. Never has been audited. It is controlled by billionaires and trillionaires from different sectors of the world, and of course they controlled the World Bank. All the nations in the planet are indebted to it; perhaps an exception of one or two. The "fiscal cliff" or "fiscal grip" is a burden on the American Taxpayer. On the horizon, the rich will be paying more to alleviate the inequality of taxation. But, it will not be enough to counteract the immensity of such DEBT. Just the interest alone is killing us.
What is ahead?. Lookout for the Financial Global Storm, coming our way. We will continue to get more in debt and spend money that we dont make. Logical reasoning, should tell us, not to continue such trend. But we will. In Hawaii, a sectarian-centric economy, manipulated by government politics, and politicos with no entreprenuralship skills will get us into more debt. Will borrow from the Fed. And will have to pay back one way or another. Nothing is free. Hawaii, is a tourist driven economy, and Real Estate taxation continues to constitute about 33% of its total revenue. The microeconomics has not improved and the macroeconomics will take years to catchup with any other world island or small country with more solvent economies in a comparative economic analysis. Slow and backwards is the motto here. Inflation will continue to rise and the standard of living per capita will be a slow process too. In the end, Hawaii, will always will be a "nice paradise to visit". Maui, has been named by Conde Nast, "best island destination in the world" again. In my opinion, have they seen other islands? One last comment, is the famous Front Street, just recently named with an accolade of "America's Famous Streets". This street needs a "spic and span" and manicuring to reach the standards of famous streets I have seen in the USA and the World.
In conclusion, the "fiscal cliff" anf the "fiscal grip" and the "status cliff" will be around the corner to slap us one more time and tell us "wake up morons", but the remedy will be hard to swallow and the recuperation will be slow. In the meantime continue to work one or two or three jobs in order to catch-up. But, you never will. If you know what I mean. Thank you.
ANDRE ADOLOFFO(BA)
Saturday, July 14, 2012
HAWAIIAN ISLES REAL ESTATE ANALYSIS JULY 2012
Finally The Breakers, in Maui Hawaii is almost sold out. It took several Brokers to try to sell the condos, but finally the right match and the right market prices were the correct formula for success. Whether or not the rest of the project will be completed is under speculation. Two buildings, C and B are not constructed yet, but may in the near future.
The Maui Real Estate Synergy is still occurring. There are several areas that continue to be a developers dream. As an example, Launiopoko, an area as you exit Lahaina going East. Plenty of housing developent has happened in the last five(5) years. A most expensive area is by Kapalua Estates, luxury and expensive.
Lastly, the Kaanapali Royal Resort, has started to upgrade their individual housing units and little by little this facelift will be completed in several years.
Conclusion, it is a Buyers market in Maui Hawaii. The TimeShare industry is still active and tourism has not diminish one bit. Interesting enough, we are seen a lot of Chinese, Taiwanese and other Asian tourists coming in. Thank you.
ANDRE ADOLOFFO, BA
PO BOX 787
LAHAINA MAUI HI
96767
yalta1947@hawaii.rr.com
The Maui Real Estate Synergy is still occurring. There are several areas that continue to be a developers dream. As an example, Launiopoko, an area as you exit Lahaina going East. Plenty of housing developent has happened in the last five(5) years. A most expensive area is by Kapalua Estates, luxury and expensive.
Lastly, the Kaanapali Royal Resort, has started to upgrade their individual housing units and little by little this facelift will be completed in several years.
Conclusion, it is a Buyers market in Maui Hawaii. The TimeShare industry is still active and tourism has not diminish one bit. Interesting enough, we are seen a lot of Chinese, Taiwanese and other Asian tourists coming in. Thank you.
ANDRE ADOLOFFO, BA
PO BOX 787
LAHAINA MAUI HI
96767
yalta1947@hawaii.rr.com
Friday, June 25, 2010
KEEPING UP WITH JONESES - NOT
06/25/10 Maui Hawaii USA
Most recently the New York Times have published several articles dealing with financing, banking, economic foes, interest rates, the volcker rule, real estate sales depression and sustainable capitalism. Do all these topics sound familiar? It appears to me, that the similarity of their contents go way back to 1 A.D. Needless to say, the principles of human behaviour need to be controlled by ourselves, it has been stated by the "intellectuals" in every generation and even by some "religious gurus". No matter what, we are here in this "bubble" not to benefit ourselves but to do it for the benefit of all. What a commendable spirit did the "founder fathers" have. Men with integrity, loyalty, moral values etc.etc. Each new generation, gets impacted by the decisions of the so called "capital elites", the major difference today is that the whole planet is inversely correlated to all the existing economies; what happens today is reflected and affecting the international finance systems of the world, the stocks, the credit markets, the currencies, the commodities etc.etc. Economic Behaviour Modification, is essential today in order to change the direction that the human financial spectrum is heading to. Since Capitalism, money, is the essence of sustainbility worlwide, the banks need to spread-out the wealth, rather than getting bailed-out for ludicrous investing mistakes, which were definitely a risk. Basic principle "don't spend it all in one place and invest in fractional increments". In forty(40) years I have seen the dollar amounts go from millions, to billions and now trillions. If we do not get intelligent and acquire some wisdom from previous mistakes it will be a new quantum, quatrillion. How much more inflation do we need? By the way I did not mean "quattuordecillion". Thank you.
Most recently the New York Times have published several articles dealing with financing, banking, economic foes, interest rates, the volcker rule, real estate sales depression and sustainable capitalism. Do all these topics sound familiar? It appears to me, that the similarity of their contents go way back to 1 A.D. Needless to say, the principles of human behaviour need to be controlled by ourselves, it has been stated by the "intellectuals" in every generation and even by some "religious gurus". No matter what, we are here in this "bubble" not to benefit ourselves but to do it for the benefit of all. What a commendable spirit did the "founder fathers" have. Men with integrity, loyalty, moral values etc.etc. Each new generation, gets impacted by the decisions of the so called "capital elites", the major difference today is that the whole planet is inversely correlated to all the existing economies; what happens today is reflected and affecting the international finance systems of the world, the stocks, the credit markets, the currencies, the commodities etc.etc. Economic Behaviour Modification, is essential today in order to change the direction that the human financial spectrum is heading to. Since Capitalism, money, is the essence of sustainbility worlwide, the banks need to spread-out the wealth, rather than getting bailed-out for ludicrous investing mistakes, which were definitely a risk. Basic principle "don't spend it all in one place and invest in fractional increments". In forty(40) years I have seen the dollar amounts go from millions, to billions and now trillions. If we do not get intelligent and acquire some wisdom from previous mistakes it will be a new quantum, quatrillion. How much more inflation do we need? By the way I did not mean "quattuordecillion". Thank you.
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