Since 2020, Covid-19 affected Hawaii’s housing market. At the beginning of the pandemic, housing prices dropped by an insignificant amount. As the pandemic continued into 2021, 2022, 2023, housing prices began increasing again, following the predicted trajectory of growth. Paul Brewbaker believes that the new wave of working from home plays a role in housing price increase.

Paul Brewbaker is the principal of TZ Economics, a Hawaii consultancy doing corporate work, development impact analysis, and litigation support. His background is in research on the Hawaii economy and in country risk and financial risk analytics from 25 years as a commercial bank economist. He discusses the latest data about the Hawaii housing market in the wake of the pandemic. This episode of Our Homes is hosted by Senator Stanley Chang.