01/12/2015 01:35 pm ET Updated Jan 12, 2015

Why Land Is King In Hawaii

PF Bentley/Civil Beat

Sugar was once king in the islands. Nowadays, our not-always-benevolent ruler is land.

Our land-king helps to dictate the prices for our rentals and the purchase prices of our homes and workplaces. It drives up the cost of a wide range of goods and services. And it adds to the many price tags that make up our cost of living.

When it comes to renting and buying homes, the link to land values is fairly direct. The relationship of land to the cost of goods in our stores and services around the islands requires a little explaining.