Regarding the points you make: (1) Kapolei as a 'second city' has been toted for over 30+ years, but I'm not sure what that really means anymore - how much more industry is going there, I'm not sure; (2) the rail project is, well, fraught with scandal and misappropriation of funds, and I'm not sure if the usage is going to be what was projected at the beginning - the cost of the rail is an endless pit, which I'm pretty sure more taxes will need to take care of; (3) how much more appreciation will be needed to recapture the additional 15% to refi and eliminate the PMI - are you positive that it can appreciate that much more; (4) Remember, Covid really hit Hawaii hard and economists expect that the economy won't return for a couple of years.

Every month, the employment data released by the Bureau of Labor Statistics is the most highly anticipated and closely watched by economist to gage the condition of our economy.

Had a nice keynote speech from an economist today. 

I remember the big brain economist in 2004 saying we are in 17 year cycle and next peak will be 2021/22 then a crash.

There was an online exchange between some armchair economists that I found interesting.Persons a through d: omg my house value is up and the stock market hit 30k the world is amazing if you're not poorPerson e: it's just inflation idiots, it's not appreciation, nothing has actually gone up in value, the individual dollar is just less valuable. https://fred.stlouisfed.org/se...Person f: Unless the inflationary period is followed by deflation, inflation and appreciation are one and the same.Mostly I was aligned with person E until I read F's comments. 

I was recently listening to the BP podcast, and Brandon had mentioned that there is an interview coming out with an economist that was going to go on BP.

I'm reading Irrational Exuberance by Robert Shiller (Nobel prize winning economist) who did a study of US home prices since the 1800s.

I do pay attention to city council decisions, and more importantly, local economists who's job it is to predict future trends based on all the data.

@Jason Lee I'm not an economist, but I love reading the reports! 

(For a Video to watch, which says that the world economy is contracting at least 10% in 2020, due to COVID-19; on U-Tube, there's "COVID-19: Why The Economy Could Fare Worse Than You Think/ The Economist", & released by the Economist mag, on May 27th, 2020.)