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Re: Why buy? Am I confused? (by Tracey S.):
If you want to travel in May or Septembr or one of the quieter months (even though there is no off season some months are more popular then others), you might as well rent, especially if you are not overly concerned about view. If you want whale season in Maui or school summer holiday times in a two bedroom with an ocean front or even ocean view room you will be paying a fair amount more than mf's to rent. So if you plan on using the unit every year it sometimes makes sense to buy a resale unit but you still need to shop around. Not everyone's asking price is reasonable in today's market especially when you consider the high mf's.
In general island views do not hold the value because rental rates aren't going to be much higher even in the more demand times. While an ocean front unit has the same mf but can command a rental price that is 2 times or more higher.