Economics Explained cover image

How Hawaii Became a Poor State Made For the Rich

Economics Explained

Economic Challenges and Scarcity in Hawaii Due to Wealthy Land Acquisitions and High Costs of Living

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The chapter delves into the economic hurdles faced in Hawaii as wealthy individuals purchase extensive land, leading to a scarcity that escalates property prices. The inflated cost of living and basic goods, compounded by low wages and the Jones Act, are driving a wedge in society, making it unaffordable for the indigenous population to reside on the island.

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