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Author: MisterFungi Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59078  
Subject: Re: Shock Date: 3/5/2013 11:08 PM
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I admit it, I am a little jealous. I also freely admit that I have wealth envy....

So Mr. Fungi, how much did your Condo cost you? How much are your property taxes? How much does it cost to live there? What are food and gas prices like? Inquiring minds want to know?

Maybe if I ever win the lottery I'll come and be your next door neighbor? That is if I could talk my wife into leaving Tennessee... which is highly unlikely.


Art, this move was something we planned and saved for over the course of some 30 years. It has absolutely been worth it.

I don't want to get into details of what we paid. But a little googling will find you a website (starting with "oahu") that provides all the ask and recent sale prices for every condo on Oahu. And I can recommend an excellent agent of great integrity.

Condo prices are high -- $400-$500/sq. ft. for a nice (but not 5-star) 2 bedroom unit in Waikiki. Property taxes are quite reasonable. Gasoline is expensive (about $4.30/gal. for regular right now), but there's only so much driving you can do on an island. We walk, take the bus, and rent a car once a month or so for big shops or a trip to the north shore. Food is expensive in supermarkets, but there are many farmer's markets and fresh produce and fish in Chinatown at moderate prices.

I shouldn't have said $0 for utilities, since we do have an electricity bill. But zero heating/cooling costs.

I walked 10 minutes to the beach today, went swimming in the ocean, read a book under a palm tree, and walked home with my wife. Total cost = $0. A friend is coming over later, and we'll probably walk to a nearby restaurant, maybe listen to some music later. I love it.

But, hey! Tennessee is beautiful, too -- esp. (for me, at least) the eastern part. I have friends near Knoxville, up in the hills, who could live anyplace, and they choose there. I can certainly see why ... although I'm an ocean guy.
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