rising market

Our house could sell today for twice what we paid for it only three years ago. I should be happy.

There are just a few holes in my bliss, however: other people. I'm thinking of the people who sold their homes for a now-pittance just before the market escalated (for example, the sellers of our home.) Are they experiencing regrets and losses at their home? Probably.

I'm also thinking of people who are home-buying -- correction -- home-looking. We could not afford to own a home here now if we were shopping for one.

It's been a pattern in Kona that the prices boom and bust. And I keep thinking that I should somehow be happy about the boom. After all, I could potntially profit from it all (if I cared to camp here or move off island after my home sold.)

What keeps coming to mind are words like fair trade prices and reasonable increase.

Granted, my perspective is skewed by the idea that we bought our house to live in, as a home. I'm sure, as an investor, I wouldn't dare to complain. I guess I just need to complain for all the other would-be Home-owners out there.