In this story from Fox News more details are emerging about Ritz Carlton and Marriott's plans for timeshare and fractional development on this beautiful Hawaiian island.  The Ritz is "breaking ground on two developments at Kaua'i Lagoons, a spectacular 520-acre oceanfront resort."  Kaua'i Lagoon will offer 72 one-eighteenth (1/18) fractional ownerships starting at $300,000.

Marriott's plans include 74 properties similar to the project started by Ritz-Carlton.  They plan to build 78 private ownership residences with starting prices of a mere $1.6 million.

A friend of mine recently visited the islands of Hawaii and commented on the "wall to wall" resorts along the main streets on the coast.  There is a limited amount of Hawaii coastline available and at some point the development will come to a conclusion.  The residents of Hawaii who work in these upscale resorts will no longer be able to afford to live on their own island.  The are in fact being pushed to the mainland - slowly but surely.

Now would be the time to buy a Hawaii timeshare on the resale market. Owning a timeshare in Hawaii is easier that you might think.  You'd pay a fraction of the cost of a whole ownership, and be able to enjoy the tropical environment in Maui, Oahu, Kauai, Molokai, or Hawaii.

Buy timeshare - buy resale - not retail!