Here's Howsii

As Al Bell has hinted in the accompanying story, there is much more to Hawaii than the sandy beaches, swaying palms, hula girls and outriggers shown in travel fold' ers and advertisements in Sazset. I'm happy for this opportunity to share with CLM readers some of the factors which make our 50th State unique.

BY PUTNAM S. ROBBINS

A small three,bedroom house that sells for $10,000 in Phoenix and perhaps $18,(n0 in Los Angeles will sell for $23,000 on Oahu.

Typically this house would contain 1100 square feet of living space witl an additional 300 to 4,00 square feet of protected outdoor living spae,e and storage, plus a carport. It would have an exterior of Il+" redwood, jalousie windowg sliding doors opening to a lanai, open beamed ceilings, no insulation and no heating of any type. This typical house would rest on land leased to the developer and then to the home owner for about $250 per year. The house owner will pay taxes on the house ond land for the period of the lease, 45 to 60 years. By the time the home owner moves into his house the land on which it sits is worth $l to $1.35 per square foot. Industrial and commercial land suitable for wholesale and retail wood products distribution is valued at $15 to $35 per square foot.

The State of Hawaii consists of many islands strung across over I5(X) miles of the Pacific. You probably think only of Oahu, site of Waikiki, Pearl Harbor and Honolulu. This island is one of the smaller of the main islands in the state, yet houses 80 percent of Hawaii's 720,000 people. Over 70 percent of the privately owned lands on Oahu are held by about a dozen estates, trusts or families.

This all leads to two of Hawaii's unique features. Leasehold residential property and the high cost of housing.

With such land scarcity and resulting high cost plus inventories demanded by the distance and transportation factorg it is not difficult to understand why Island lumbermen work hard and carry sharp pencils.

If anyone reads this column and is interested in hearing more about Hawaii, wood products distribution and the men who are "The Nations' Home Builders" in Hawaii, we can do this again.

Until then, aloha from Honolulu Hoo-Hoo Club #142, the Wood Products Association of Hawaii and your lumbermen brothers in the grass skirts.

Retailer John Suverkrup says,

John Suverkrup, president of Southern California's John Suverkrup Lumber Co., selected San Antonio rigid pole warehouses

"after discussing our project lvith other lumbermen in my area. Turned out that they were exactly lr'hat u'e needed for our type of retail operation. Our plans for the future include another expansion and you can be sure our warehouse problems will be handled by Frank Ruggieli and his fine San Antonio organization."

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Hwy. 99 W. One mile south of Willioms, Colifornio

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SOUTHERN DIVISION

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Arlesio, Colifornio

UNderhill 5-1245

SPruce 3-4503

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