Oahu Home Purchase Advantages
1. Lower property tax for many investors and residents compared to other states
2. More stable price fluctuation on home purchases
3. Limited land space and strong demand over supplies will buffer the effects on the economic downturns.
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If you look at the above chart, one will see for single family home the median price trend on Oahu has been quite stable. Even in the year of 2007 and 2008 when the housing bubble affected many homeowners in USA, on Oahu we see the median price was only affected mildly in comparison to Nevada, Florida, and California.
