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
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