FlyerTalk Forums - View Single Post - Ritz Carlton Residences Waikiki Beach [Master Thread]
Old Oct 3, 2017, 9:09 pm
  #14  
msp3
 
Join Date: Jul 2014
Location: JRF
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Originally Posted by C17PSGR
And, in my discussions with one of the folks involved in marketing, they stated that they were primarily sold to Chinese, not Japanese, individuals and were surprised that it moved that way in light of the strong Japanese ties to Hawaii. All that being said, just conversations at a bar with a marketing guy who seemed like he knew what he was talking about but I certainly can't vouch for the accuracy of his info.
Incidentally, have a friend who is an owner, and a moneyed Chinese one at that. The mindset behind so many of the purchases by wealthy Chinese people isn't always rational or how we would typically think about vacation properties, the primary motive is to get as much money *out* of China as you can, ill-gotten or otherwise... This is no different then any other desirable location in North America where nouveau riche Chinese are setting up their bugout homes and evacuating their kids preparing for the day their relationship with The Party takes a turn for the worse
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