Market Crash?

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i was looking at all the multimillion dollar condos the other day.  for the past decades, the real estate market in Hawaii has been booming.  the question always was “when is it going to start going down?”  i have a feeling that downward trend will start now, thanks to the coronavirus.  at the 37% unemployment rate in Hawaii, now is not the time to buy for many.  and with the Chinese investors pulling back,  the full price cash deals will disappear.  no more AirBnb’s and no more mega houses will also probably contribute to prices falling.  so is now a good time to buy?  we shall see very soon…when this lockdown went into effect, Louis Vuitton started by boarding up all its windows.  other luxury shops like Cartier have emptied out all its merchandise from the stores.  as we go into May, i’m hoping stores will open little by little.  too early for the hotels to open because we still shouldn’t let in tourists at this point.  the reason the coronavirus cases are dropping is because we’re not letting tourists bring it here.  so it makes sense to keep it this way for a little while more.  passed by the Marriot hotel and all the stores were boarded up.  still a creepy feeling here in Waikiki…so what do people do during the lockdown?  Toda-san sent me this photo so he’s probably looking back at old memories and dreaming of the day we can make new ones.  this was North Sumatra back in 2016.  that was an amazing boat trip! and Rikita-san in Japan is playing with his beautiful Princess Leia!  can’t wait to take this little Princess surfing one day in Hawaii!

KIRBY FUKUNAGA
ハワイで生まれ育ち、プロサーファー、フォイラー、スキンダイバー、カメラマンの肩書きを持ち、ウォーターマンとして、海で多くの時間を過ごし、海から多くのモノをもらいながら生活しています。彼が伝えようとしていることは、海がある生活は僕らを豊かにしてくれるということ。そして、自分だけではなく、いろいろなことをみんなにシェアし、人生を楽しむということ。現在は、ハワイでプライベートサーフィンガイドを主催。
カービー福永のハワイサーフィンガイド
https://go-naminori.com/kirbyhawaiisurfingguide