Editorial: Homebuyer loan is a good start

Housing is about as expensive as it gets. The latest report pegs the median sale price for single-family homes on Oahu at $1,275,000, and for condominiums, at $528,000, yet few locals earn the high salaries required to afford that. The distance between the income earned by Honolulu’s households and the cost of living seems to grow wider each year, and — surprise! — residents hoping to become homeowners, and watching opportunity recede, don’t like that.

See the original article at: Honolulu Star-Advertiser