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An average single-family house in Guam is now $426,000. That’s 54% higher than the median price five years ago. Rising costs can be attributed to a limited supply of homes and an increase in construction costs. However, a solution may be found within alternative methods, made possible by the latest advancements in technology.
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In an exclusive interview with KPRG, Palau President Surangel Whipps Jr. outlines a high-end tourism model that protects the country's environment, how increased militarization can co-exist with Palau's ongoing conservation efforts, and whether the presence of nuclear-powered vessels poses a risk to them.