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This profile was automatically generated using 33 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 33 references found on the Internet. This information has not been verified. Learn more...
View all 33 references Web References
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1. News - Raise The Roof
www.actuslendlease.com/llweb/a - [Cached]Published on: 1/1/2004 Last Visited: 2/6/2008
"I don't know whether to be afraid if they build too few homes or too many," says Ricky Cassiday, local real estate market research consultant. "The market is so tight right now that almost anything will affect it profoundly. Someone should be going to the services right now and telling them that they are changing the dynamics of housing, and it could have serious impacts on the local economy."
According to Cassiday, although Hawaii's privatization contract may be one of many being executed by the military, the project, and, more importantly, its economic impact, will likely be unique to the Island. He points out that Honolulu isn't a "one-pony town" nor is it a rural community which many bases with privatized housing are. Land and housing inventory is limited.
Six years ago, Cassiday, then working for Prudential Locations Research, conducted two studies on military housing inventories, which were eventually used to justify to Congress the building of additional housing units and the closing down of others. He says that it is worrisome that a significant replacement of homes is going forward without similar studies, since military personnel are a large segment of Hawaii homebuyers. He estimates that they account for about 10 percent of all Oahu buyers.
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But Cassiday is still worried for the residents on the other side of the base fence.
"I don't think they've studied the possible effects very much," says Cassiday. -
2. Hawaii Business Magazine
www.hawaiibusiness.com/archive - [Cached]Published on: 1/1/2003 Last Visited: 11/29/2007
"Sales rise only as much as either there's jobs being added to the economy, or there's people moving to the Islands, so at some point in time, sales will have to decelerate nearer to the natural growth of our society," says Ricky Cassiday, research director for Prudential Locations. -
3. Hawaii Business Magazine - Archive Search
www.hawaiibusiness.com/archive - [Cached]Published on: 1/1/2002 Last Visited: 11/29/2007
Ricky Cassiday, Research Director, Prudential Locations

