Employment & Workers Comp News

There has been some rocky employment and real estate trends as far as Kauai is concerned.
For the a few years now, real estate on the garden island of Kauai (the northernmost island in the Hawaiian chain) has been somewhat uneven. Needless to say, this trend is similiar in many other regions of the United States where real estate and the economy overall is concerned.
Let’s face the facts, recessions are never fun.
In addition to all of this, Kauai is really a major golf hub, with lovely, picturesque resorts and houses stretching from Princeville in the northern section of the island to Poipu and Kalaheo on the south side.
The Makai and Prince courses are particularly stunning and are considered to be truly world class. Sadly, though, there is also trouble on kauai. Here as elsewhere, the Hawaii golf business in general and Kauai real estate in particular is in a type of cusp of time.
For instance, a recent research study has proven that this industry by itself is an employer for some twenty-thousand workers in the state. Many of these workers depend on golfers to go to their proshops and restaurants.
In my own humble and non-professional opinion, Kauai Real Estate as a whole should survive just fine in the long haul due to a relative influx of retired persons and a finite amount of land (and building permits, for that matter). But golf on Kauai and Hawaii is in a bit stickier situation as it faces rather stiff competition from other beautiful, lush and exotic localities around the world like Mexico, Australia and even the West indies. As an example, there has already been a noted and measurable downturn as
the Grand Slam Kauai (also known as the PGA of America) has not been replaced since its last tournament some two years ago (ouch). Despite all of this, Kauai real estate in general, with the possible exception of various specific commercial properties, will probably be alright over the long haul, it would seem to me.