Tuesday, December 02, 2008

That’s Why Hard

It's because housing prices aren't going down, that fewer people want/can afford to buy them.

In all these real estate articles in Hawaii, they usually mistake the effect for the cause -- and so, exacerbate the problem rather than solving/eliminating them.

As a general rule, a high COST of living, is INVERSELY related to the QUALITY of life -- and not that the COST is a measurement of QUALITY -- as when they say that, "You get what you pay for," or that is the PRICE of Paradise.

Thus, the politicians and government workers think that all they need to do is increase the cost of living for the people of Hawaii, in order for them to increase the quality of their lives -- so that every boondoggle, pay raise and tax increase is prescribed as a boon for its citizens -- rather than the cause of the difficulties for so many.

So the solution for the increasing homelessness and unaffordability of housing in Hawaii, is not to see and cheer for the prices for housing to rise further -- so everyone can live like millionaires in a grass shack/substandard housing, but to work to lower housing prices.

You don't do that by giving government workers double their salaries for doing half as much work. You need to move in the other direction.

The same goes for the newspapers too. They have to double the quality at half the price, and not produce half as good for twice the cost -- and make advertising so prohibitively expensive, that there is no cost benefit to advertising if all it means for an enterprise is to be able to pay their higher advertising and promotions expenses.

That’s why there is a decrease in advertising -- in the traditional forums -- that is another one of the underlying themes of the current financial disruption. It is announcing with definity, that things cannot continue to go on as they have -- and that entities that persist, vanish.

These were often those cheering loudest for “Change;” they meant for everybody else -- but not themselves.


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