Sorry, but all of you guys are missing a very important point.
All of what you are seeing now is a repeat of exactly what happened back in 2008. Right before the national housing investment bubble burst, and banks CAUSED the crash, the economy was on stellar movement. Unemployment in Hawaii was at the lowest it had been in decades, if i remember it was about 2%. News articles then, just like now, "housing prices set new records" - The economy appeared to be booming!
The problem, is as the economy booms for the average person, it prices OUT all of the marginal and low income people as landlords seek higher rents and profits, trying to max charging rents. Rents go up - people with little money can't afford them.
In 2008 with booming economy, we had records amount of NEW people that had never been homeless before, moving into homeless shelters. The homeless problem kept getting larger and larger with "no explanation" available.
Fast forward to 2017 - REPEAT.
There is NO AFFORDABLE Housing