We thought of getting a condo in Moncton, but for us not needing a mortgage, it is not worth it, as the fees, property taxes, and utilities was just insanely too high. We moved back to BC where we have more disposable income.
@@Anomalyy666 We have more disposable income now in BC because groceries and utilities are much cheaper plus we get tax perks and benefits we didn't get in NB. Also can't get emought of the mountains, valleys, and island not to mention the temperate climate.
@@Anomalyy666 Nope. But in BC you can end up having your proportion of renter household income spent on rent and utilities lower than that in NB due to better paying jobs. I know a couple that lived in Fredericton and in 2021 they paid 925 a month for rent, at the end of 2022 got a notice of an increase to 1875 effective in the spring and that didn’t include the NB energy bill. They had a family income of about 70K. They moved to BC and now are making just over 140K amd more in the next couple of years. She’s a Skytrain Attendant and he’s in transit security. They pay 1800 a month for a new unit and are protected by annual rent increases. They are young and overwhelmed and haven’t stopped going on about cheap groceries, their company benefits, the money they are banking, and their new EV. They remind me of my youth and the prospect of a new promising life. My wife and I are happy for them, as they were in a dead end job in NB and were somewhat hayseeds that now are getting to experience a life they could never have imagined in NB considering their education. They somewhat miss family at times, but I told them not to fret over it, as they can afford to travel more due to have more vacation time plus they could easily save for a nice down payment for a house in NB if they ever decided to go back. But it looks like they are saving for a downpayment for a nice condo.
we met a nice couple of Montario at the local bakery in a small town outside of the city, she said her and her husband lived in Ontario, but the kids have now grown up so they sold their house and had enough capital to buy a home here in New Brunswick to live in, she bought her dream bakery, her husband bought a new truck in a boat, and they have enough to retire early. I’m actually happy for them
I live in St. Andrews. Moved here from Vancouver area 11 years ago. So interesting to read the comments. It shows how overall trends can be true and individual experience can also be true. I'm glad we moved, but do recognize that there are definitely issues in this province.
NB is a lovely place to visit, but not to live. Yes, properties are very affordable, but the health care system is a disaster. Access is a nightmare and wait times are criminal. Taxes are high. I made a huge mistake moving here and can’t wait to return to Ontario. As for Moncton, it is surely among the least attractive cities in Canada.
WIsh you lick on getting back to your province. We gave NB a go for 3 years, but the access to health care was terrible and we had less disposable income in NB than we did in BC so we moved back to BC.
Problem is that they are so few good jobs paid above 25 dollars/hour. Cost of living is still very high... impossible to make saving. I m not sure it worths to invest in real estate for a long term period. My plan is to move out of Canada ❤
Go online check Salary after tax online in NB, Go on snb property assessment and check property taxes Check gas prices Check dairy prices Check deaths in emergency rooms Check the wait list for family doctor Check wait times in emergency
We moved to Fredericton Feb. 2022 from Mississauga. We were trying to find a rural home to retire in in Ontario but couldn't find anything that we liked for under $900,000.00 even in North Bay. We purchased a home with 4 acres and a beautiful view for a little over $400,000.00. The biggest issue moving to New Brunswick is that there are not nearly as many amenities available that you may take for granted in Ontario, especially if you were living in the GTA where everything is available within a 5 minute drive. My husband and I didn't really take advantage of all these amenities so moving to New Brunswick didn't really affect us as it may for others who love the nightlife and going for dinners, not to mention having a Tim Horton's on every street corner. You really need to look at your lifestyle before deciding to move here.
ery true. We did not like the lifestyle in NB not to mention the poor access to primarty healthcare. I was born and raised in NB and thought things may have changed for the better, but I was wrong. Still a good experience moving back there for 3 years, and it did make us realize we took BC for granted... and ended up back in BC.
I love it .... yeah, there's a Tim Horton's in the small fishing town I moved to at the tip of the Acadian peninsula .... but no MacDonalds, no Harveys and no Swiss Chalet. But I'll survive. Cooking your own food is cheaper anyway. And food prices are generally double what they were in Toronto. But I need to lose weight, so I'll survive.
@@jeandalgleish6460 We found grocery prices very pricey in NB and many foods that were taxed there that were not taxed in BC. But gas was cheaper in NB.
I moved to Fredericton in 2019, pioneer remote worker at the time. Having a non-local paycheck is the only way to make the supposed cost savings work. Comparable local job postings for my professional role is a 40% paycut, and even then I get the vibe those few jobs are near impossible to land. Everywhere on earth there is a who-you-know component, but it's on steroids here, no vouching no job because "good" jobs are incredibly rare to exist at all. The locals are very friendly in the day-to-day passing interactions. Although in more purposeful social settings I can't count how many times I've been asked what's my last name, seems all the locals share the same five last names. Once the fact becomes known you're an outsider, that's your label from then on, maybe it's my imagination but that's when the polite shunning begins. You can make friends with transplanted ontarios, even though that'll be temporary because most outsiders rarely stick it out past two years. Which is okay with me, I mostly keep to myself and spend my time in the amazing outdoors here, but outsiders definitely need to know they aren't welcome here with open arms.
I wish those who move there the best of luck. I lived in Fredericton for a year...the fishing was great but that's about all I can say I miss! I was either overqualified for jobs I applied for or else not eligible because I am not bilingual. Back to Alberta!
Parents left us 40 acres in NB so brother, nephew and family are all selling up in Calgary and moving to build on the property, 40 minutes from Moncton.
I can’t believe anyone is moving to the maritimes. With the highest tax, and lowest salaries I don’t know how anyone can make ends meet. If you’re moving here then I hope you don’t plan on accessing basic health care because forget about it. Forget about seeing specialists. If you have kids in school then forget about any resources for them. I’m speaking from experience on PEI though, but I don’t think NB is much different. We are currently selling our condo on PEI for hopefully a higher standard of living in Alberta.
But after saying all that lol Jon, if you know anyone in Ontario that hasn’t already migrated to the great east coast then I’m trying to sell my condo on my own. I’m willing to pay anyone a finders fee.
The Ontario people are working remotely and bringing their Ontario jobs with them. That's what we did, and I know other families that have done the same.
@@alexgraham2979 that makes the most sense then. I work in a small office of 6 people and 3 of them are from Ontario. 2 out of that 3 are in talks of moving back.
I suspect that many will regret. Housing affordability and jobs - first. But after one buys a house and has a job, there is more to life than just that. I would not want to live in the middle of nowhere (for long) even if someone pays me huge amount of money and I can afford a huge house.
@@Peter-sz1sn agreed. Money is moot after your basic needs are met. You realize that excess money doesn’t mean much when you’re unable to access other basic resources.
Great video with another great guest: Ryan seems to be very knowledgeable, down-to-earth and very well spoken. We all know that the housing craze is a national (and even global) phenomena but hearing it from local realtors makes it more real. Love the way this channel is evolving!
Moved to Fredericton in 2022 after living in Kitchener/Waterloo, Born and raised in London ON. Bought a wonderful 3 bedroom home with an acre of land, built in 2009. I'm a Diesel mechanic but also run a RU-vid channel. Honestly I tell everyone Fredericton is a hidden Gem. People are incredibly friendly, lots of young families, wonderful proud and happy community and there is room to grow. Plus the ocean is like an hour away. An absolute breath of fresh air compared to Ontario.
Glad you like Fredercton, The novelty wore off fast for us. Plus we found too many folk cliquey and the winters too brutal for our liking and overall a boring place. To each his/her own.
I moved back to the Dalhousie area just over a year ago. Being my hometown it's been a real lifesaver for me getting out of southern Ontario. Stress, expenses.. just in general everything has been taken down a couple of large notches. The major concern of people here on the north shore is lack of healthcare and the only cure for that is population growth. We need new arrivals to get back services. Moving to Moncton, Fredericton or Saint John is fine but if newcomers disporportionally move to a Costco then tbh.. all that will be created is another stressful and expensive city like the one they just left. Moving here should also entail the notion that driving 3-4 hours once every couple of months to a bigger city center is part of life. Come to the north shore people!! Come see the beauty and lifestyle outside the big box store. ☀
Realtors often encourage frequent buying and selling because they earn a commission on each transaction, which can be detrimental to home buyers. For example, consider this example, John and Mary decided to move to a new house within the same city. Their realtor advised them to list their current home for $500,000 and purchase a new one for $600,000. After the sale, the realtor earned a 6% commission, totaling $30,000. Additionally, they incurred moving costs and closing fees amounting to $20,000. In the end, John and Mary realized that the transaction cost them $50,000, a significant amount that could have been saved or invested. To save money, consider purchasing property directly from the owner. Realtors will always prioritize their own interests (it's their business, after all 😎) regardless of whether you're considering a move to a different province or staying put. This means that their advice may not always align with your best financial interests.
Thank you for being honest about this. There's so many realtors out there that will gloat about "sold over asking" and "high sold prices" but it's nice to see someone who cares about people and their buyers.
@@veeo987 Not just Ontarians, also BCers and Albertans. They should have researched thorougly or at least spend a winter or spring in NB before moving to NB. Luckily some can afford to move out of NB.
A Toronto company bought the condo complex I live in a couple of years ago here in Saint John. As soon as they bought it, anyone who owned got a letter towards immediate offers to buy. One realtor, no listings and no competition/bidding of course. They'd handle it all. Some caved, well some sold on their own eventually down the road. The ones that stayed say they thought about it, but where do they go? Even with the mark up from what they bought for, the money would just disappear either towards rent or trying to find a place. Places that were bought were immediately gutted and fixed up. To the point that I'll admit it looked nice, but cupboards are already coming off of hinges, paint is peeling and new floors are creaking just as much as the old ones in those units. Fast forward to today, the complex has seen 2 condo fee increases and all of us who own just got a $7500 bill for the two bedrooms at least that was recently "voted on" (when they own the majority of units) to revitalize the complex. Only a couple that were bought out aren't being rented. Just about everyone that has left in the last couple of years have been replaced with foreigners of the same nationality. The place is no 5 star by any means nor am I complaining. I got exactly what I paid for at the time when buying. We all feel we're being smoked out not to mention those moving in are getting ripped off. There's nothing we can do about it. I came from Ontario originally and don't want to leave. Despite what many people say, I love(d) it out here. I've put some serious consideration into leaving the country altogether.
Most people I know talk the same, especially the younger. But I talk to immigrants who point out europe is more expensive as well. The lack of rent control really hurt during covid. TONS of buildings got bougth, and rents went up overnight. Now they blame Trudeau when our premier would do NOTHING about it.
@@OriginalTeddy check out the Nomad Capitalist. He has lots of great options to look at for Canadians. I'm not going anywhere, but I have been watching him and sharing his advice with my son's and their wives....just because I would like for them to have better chances in a safer country. There are many that aren't like Canada and the shenanigans.
@@candacelee969 I don't know if I've seen that channel in particular but have been looking into it a lot. My concern is I'm not old nor rich enough to retire and many of the cheaper/easy visa countries are hit and miss for working as a foreigner if you don't specialize in something. But I might as well at the very least experience a few years of bliss before it's no longer an option. Most younger people these days will be lucky to have four walls and a TV to stare at for their retirement at this rate.
@@OriginalTeddy In many European countries the locals hate foreigners, both tourists and those who moved to live there. I watched many channels. Because of the foreign nomads rent prices went up and the locals suffer...
We moved from Calgary to Fredericton in 2022. People here in NB have been super friendly. We got a good price for our house in Calgary, and have been renting since we arrived. Prices here are too high, relative to the economy, in my view. I’m expecting a price correction here and elsewhere, as you do. We rent a lovely apartment in a great area. No complaints.
No doctors, no LPN’s, no RCW’s, no paramedics, no hospital beds, no long-term care beds. Not even enough seats at the clinics or ER for people to sit in while they wait. PEI increasing its population by 30% but you know hospitals aren’t increasing by 30%. Infrastructure isn’t increasing by 30%. Overcrowded schools aren’t increasing by 30%.
@@Generic321my dad does the same thing. He had a heart attack while in Alberta and got exceptional care. He was put off work for 3 months, and came back to PEI. After waiting weeks and his appointments getting pushed with the cardiologist here, then he gave up and drove back to Alberta to see one immediately out there.
@@melissaforrest1952 There is a shortage of primary care doctors in Alberta as well. I live in Calgary and am trying to find one since mine retired. Very difficult.
I'm a realtor 25 yrs in the Fraser Valley, and I have had clients in the last couple of years leave for greener pastures (New Brunswick) only to find higher prices than they expected, reluctant to buy, rent increasing. Where is all this heading =(... great video
Bottom line is, if you have a home paid for in BC, you will have more disposable income than a person in NB with a home paid off. We learned the hard way, but got smart and moved back to BC. It took three years living in NB to realize how much we took BC for granted.
@@rps1689 Not sure about that, depends WHERE that home is. Provincial taxes are no higher here. Property tax is increasingly a problem. In Moncton we have international stores and easy access to the ocean. Pretty warm winters and lots of sunshine. Not BC level warm but also never have any summers full of smoke. fact is,happiness depends on you and if you are picking a place just out of nickels and dimes, you'll likely not be happy. Hydro here is regulated and amongst the cheapest on the continent. Dont have nearly the level of gas prices as BC.
@@mikearchibald744 Yes it depends on where you live, For example a house in most of the lower mainland of BC assessed at 2 million after home owners grant will range from just under 4K a year to 6K. Our friends live in a 5000 square foot home in the lowermainland and pay about 200 a month for hydro and 90 a month for gas and it has 6 full time occupants. Keep in mind we don't have a service fee like NB does; that fee is about what many condo occupants in BC pay monthy in hydro.
@@rps1689 Frankly buying a condo in NB is nuts, so almost consider that a 'stupid tax'. The size of most condos you can buy a small lot and stick a factory home on it. Gas and hydro of coures depends on many things, house design, weather, age of home, etc NB is cluing in that you need a LOT more people to lower taxes to get efficiencies, thats what helps bc and ontario. We have land so we're into the feds no interest loan to go off grid. We have well water so that litearlly means the ONLY 'home' costs will be that property tax, which is just insane for the almost zero services we recieive.
A good friend’s employer moved them to Fredricton (same pay) and after 1 year she said It costs her $400/month more compared to Edmonton, taxes, food, gas, heating etc., She has since transferred back to Edmonton 🤷🏻♂️
We moved back to BC because we had less disposable income due to taxes, groceries, and utilities in NB. When I got my first NB energy bill I thought there was an error, as it was about four times higher than my hydro bill in BC.
Very well said. The only attractive thing about NB is really the prices. I know a man from Ontario who lived in NB before the bubble. He told me NB is probably the brokest province in the country. Wages are extremely low, there are power outages all the time, the healthcare system is almost inexistant and the roads are barely plowed in the winter. If you're looking to live a slow pace life and you don't care about standard of life, it can be great. It's very beautiful and the pace of life is slower. But for people from BC, Alberta and Ontario used to live a higher lifestyle, it's not great.
Municipal services in Sussex are much much better than Ottawa. Snow cleared hours after it stops. I would sometimes literally wait days to get plowed out in Hintonburg. Sidewalks salted and windrows cleared immediately, not the case in Ottawa. Garbage always on time, internet has been rock solid here in Sussex.
@@minimaxmiaandme.4971 I lived in Calgary for 15 years, I have fond memories, and I grew up and became a man there but home in NB was calling and my wife and I are very glad to be here and not Calgary.
Maybe all you did was exchange city scapes. You possibly should have changed your perspective on what you consider a "better way of life". If you can't live without a Costco 10 minutes away than your impression of what a healthy lifestyle entails is not really compatable with the best this province has to offer. As they say.. "good luck and don't let the door...".
@@davidpetersen1 Did I mention anything about Costco? How about waiting over 5 months for a simple ultrasound! Wasn’t until I was diagnosed with stage four melanoma that I finally received scans and tests within days! Kinda pathetic. Oh…and don’t get me started on the shit wages here. Moncton hospital, same position I was working in Ontario, $15.75/hr here compared to $23.90 back home! No thanks.
@@davidpetersen1 That wasn't the problem for us, it was the terrible acess to primary health care, and the taxes, utilities, and groceries were too high. We had to dip into our savings to get by comfortably. We moved back to BC where we now have a good disposable income with much better access to healthcare. It took us 3 years living in NB to realize how much we took BC for granted.
The main reason everyone is moving to NB is because the ( people out west) are being fed false information. They build up their investments out west, then sell off because they can get top dollar for their properties. Then they come here and pay 2 times what the homes are actually worth. We have all rental units for tens of thousands of people but very limited new home construction. We are extremely overtaxed and people are moving away now. People move here and realize they can't afford to live. Sure there are the 1-5% that can afford these unimaginable rental and mortgsge rates but those are not the ones controlling the market. This will fail catering to a limited demographic instead of the greater volume demographic.
Pretty simple how to solve the trades shortage.. DROP THE REGULATI9NS.. DROP THE APRENRICESHIPS!!! I know two guys who got their electriti9n schooling and never became electricians because they couldn't find an aprenticeship.
I came across an electrician working on new apt consruction site that was making the same an hour as I did as a part time drywaller in BC in the 90s! He told me it is hard to keep an tradesperson on the project until completion.
@@John577 and I know a local plumbing company owner that can't find enough apprentices to keep up with demand. Also, an appliance repair man who's trying to keep up with demand while undergoing cancer treatments. The problem has always been there. Teachers that can't find work....and yet the universities keep pumping them out, Steel and metal workers can't find work here, but the college still pumps em out. By the time they are done their training...the immediate need has since dwindled forcing them to move elsewhere to find employment, or projects that required trades are complete and therefore no more trades required. This is a boom and bust province. Always has been. The labor pool is flooded with talent...which is the problem. Why keep training ppl in fields that are already short on available positions while ignoring the fields that are greatly lacking in numbers and in need?
Friends moved out there in 2021 and bought a house. Says the inflation in home renovations and associated building materials has really gone up since moving out there.
That was covid. They've come down, at least some. People in trades here shop online, thats where the best prices are. Lumber skyrocketed, btu then settled. Not as cheap as it was, but certainly cheaper. Problem is our government acts like this is a GOOD thing. Fact is, if nobody bought, prices would fall.
As a trade guy. If you want the trade guys to live there pay them . Don’t low ball them . I get 45 to 50 per hour in small town bc . The employer is Moncton offer me 26.50 per hour a journeyman
There are a lot of curious, near-sighted comments here. Imagine you're saving up for your first home. Your options are Alberta or New Brunswick and maybe Saskatchewan. The people flapping around about Ontario or BC likely have the resources to buy there already, so the 'inconveniences' of NB actually matter. The equation changes when you're looking down the barrel of life-long renting as a serf, instead of building equity to try to attain some semblance of autonomy. As for health care, I've been trying to get a doctor in Ontario for over two years now. In fact, I just got my semi-annual letter from the government, telling me I'm still on the list and to encourage me to continue calling doctors and beg them to take me on.
Sounds like BC. But BC is more expensive and constantly gridlocked. Oh, yeah. Don’t forget the gang murders and free access to opioids. The opportunities for buying a detached home for a first time buyer are also close to none.
@@minimaxmiaandme.4971 not true. I changed my fam doctor in Oct 22 after 20+ yrs with the same guy. Called a friend of mine and asked for a recommendation, I called the office and got an appointment in less than a week. Very happy with my new Dr.
I left Ontario in 2020. beat the rush. Seen what was coming a mile away. l was in the rite position and knew there was a good chance l would be forced to retire. LUV it here. Trails for miles. fishing boating. i am in the north west part. Like any where, you gotta know what you NEED and want. I think l just lucked out. And i am outdoors type. snowmobiling is absolutely awesome. My daughter came to visit and wants to move here now. And good people.
How are you finding the access to a primary care physician or say a hospital able to provide cancer or advanced treatment? When I lived in NS years ago, it seemed everyone from PEI and NB had to come to Halifax for anything serious.
@@johnf6545 So far have not needed it. Im 63 and in good health. There are basically no doctors and there is a hospital 20 kms. I have not had any confidence in the health care system for over 25 yrs. Nor access to it due to no doctor. The locals seem to find it ok here so...?? hopefully wont need it.
@@marshferguson4737 I havent had a doctor for the most part for over 25 yrs. The one l had in Ont. for 8 yrs, was a flake basically. No confidence in our health care system- its a joke. And i find most are not very good.
@@johnf6545 NS is way worse than NB in my opinion. Doctors are quite good here, hospitals are good. You won't get Ontario healthcare anywhere else because they pay high tax amounts from high home values and income.
I'm in Sussex and yes, Ontario people including me, have been moving here for the past several years. I personally have met three other families with kids the same age as mine. We're planning on going back to Ontario, but I think the others are staying.
New Brunswick is a good province. They are unique in that they have 3 main cities spread throughout the province. lots of good things to say about New Brunswick when it comes to nature lovers and outdoor sports like snowmobiles and cross country skiing. Great for that type of passed time.
Born and raised in NB and find it mundane and its scenery is not my cup of tea, as there is nowhere where you can hike without seeing evidence that they are second or much more than second growth forests; no virgin forests in NB. Plus too many unstable monoculture tree farms for my liking. The overwhelming majority of old trees in the forests of NB are not even beyond traditional rotation, which is quite evident even from above looking down from an aircraft. The closest thing you will see to a real forest in the Maritimes is the remnant old-growth Acadian forests in NS, still not virgin forests and look like what second growth forests do in BC; nothing to write home about. Sadly in the Maritimes, less than one percent of old-growth Acadian forest remains and it is getting smaller. I highly recommend for avid forest hikers to hike in the remnant forests of NS in near Cape Breton inland from Fishermans Harbour, and in Southern NS near south area of Handsled Lake. That is the closest you will get in the Maritimes to seeing a real forest. NB, is basically a big tree farm with some nice nook and crannies and very interesting geological features. Sure you can see black bears, lynxes, white tailed deer, moose, bobcats, raccoons, otters, red foxes, coyotes, minks, snowshoe hares, porcupines, beavers, chipmunk and squirrels etc, but they are widespread in Canada. Also the province is the most corrupt in Canada and is Canada's only company province.
If you dont mind cancer from the glyphosates they still spray . The wildlife, people and land has paid dearly for Irving's spraying. All other provinces have stopped this but not NB. The cancer is insane here. Irving owns everyone.
Speculators and rental conglomerates are making it impossible for NBers to live in our own home province. We don’t have the infrastructure (nor the political inclination to invest in infrastructure) to maintain the static population BEFORE the boom started. Schools, hospitals, GP practices, and traffic are all overflowing with folks who aren’t having our needs met. We’re known to have been friendly to newcomers, but it’s a bit *tense* these days ;)
I have only been in NB for a year and home prices have gone up quite a bit. Not every home is equal when buying, I am seeing many homes selling in a couple days, that means there was probably no conditions and cash buyer. I saw one on Frampton with a pool looked so amazing I am sure they got 50-100k over asking. People can under bid with multiple offers on basic homes. High quality homes will continue to outgrow the rest of the market and I am sure under bidding will make you bid on more houses.
I found too many homes in the price range below 300K had a lot of defects or were heavily nicotine contaminated. I even saw a few houses that removed floor bearing supports in their basements causing the floors to sag and even warp the walls of the house.
I was born and raised in Saint John and want to move back home my family is there..the rent is high same in Cambridge, Ontario...it wasnt like this.when people from Brampton moved to Cambridge everything sky rocket it is crazy..allot of immigrants moved into the city
A 5kg bag of PEI potatoes are roughly a dollar more expensive on PEI than they are for the exact same 5kg bag of PEI potatoes in Edmonton Alberta lol not sure how that makes sense (before tax)
@@13odman negative. Farmers and factory owners here go through a provincial government rebate (PLR) which pays their employees up to 25% of their salaries. They pay 75% of minimum wage and the government covers the other 25%. So between shipping produce from PEI to Alberta the price lowers somehow.
I immigrated to NB. Gone back to home country after few years. Ppl had been poor for so long here and it is reflected in everything.. Bad winters. Low qualified and less smart ppl. Narrow minded and leg pulling if you want to succeed. Typical problems one expects in a small village.
NB life is great compared to Ontario, … we returned second time to NB… just serious concern is not enough doctors of any specialty, but this is a problem across the country by now … we love it here, it’s getting little better , economy improved since 2000 yr…. Well good luck to anyone ❤
That was the problem for us mainly in NB; access to primary healthcare was terrible and my wife was put on a 3 year waiting list to see a specialist so we went back to BC. Though it isn't perfect in BC, it is paradise compared to NB when it comes to access to healthcare.
My wife, kids and I moved to NB, near Miramichi a year ago from southern Quebec. Very happy with our move. We both have good jobs with excellent future opportunities, the school our children go to is excellent, we are having a harder time getting a family doctor though. My siblings and parents are even considering the same move.
I just moved from Ontario to the Acadian Peninsula. Yes, the cost of living is higher, mostly due to taxes, but I paid $180,000 for a very nice house on 2 acres of land. So overall I'm way ahead 😊
@@elaineandstevecorke7006 My neighbours are quite far away so I have not had much interaction with them. However most of the folks I have dealt with are bilingual. Also it's surprising how much high school French I can drag up when necessary
I moved to NB from Ontario in 2020. The housing is more affordable across the board, essentials are about 20% more expensive, restaurants and bars are the same or slightly cheaper, healthcare is horrible even in larger centers. I think for people who can work remotely, New Brunswick and all of the Maritime provinces will continue to grow and continue increasing a budget surplus in tax revenue, for those who have to go to an office to work, I believe the biggest declines will be Ontario, Quebec and British Columbia. Alberta will see the largest surpluses increase, Saskatchewan will probably increase greatly over the next 5 years. I don’t think healthcare will improve anywhere until capital gains taxes are reduced, and medical professionals are incentivized to remain in Canada. The worst part is there are many qualified healthcare professionals who work here, and are required to take 2-3 years worth of courses and end up working part time jobs not in their studied profession who are desperately needed to improve healthcare infrastructure in the country. Couple that with the fact that we have a lot of temporary foreign labor for agriculture sector, and don’t try to incentivize homebuilders and construction workers to move here…it’s bad move. It would be in the best interest financially for both Alberta and the Maritime provinces to establish themselves as sovereign nations and leave Canada, and improve basic infrastructure from there. For a long time, Toronto and Vancouver mostly and Montreal (to a lesser extent) were the epicenter for commerce, but when you’re talking about resources, manufacturing, and actual goods and services, that dynamic has changed greatly over the past 20 years, maybe with the exception of the tech sector in the Waterloo/Kitchener area, but even that is changing drastically now as those people and companies seek opportunities in more cost effective areas, much like the exodus from California to Florida and Texas.
You should be talking and worried about the New Brunswick real estate agents that are snapping up the properties. Should be illegal that a real estate agent can purchase a house as an investment opportunity for renting. I was dealing with one agent from New Brunswick that had purchased five properties. Taking all of these five properties away from potential New Brunswick family owners.. Unbelievable
DONT USE AGENTS. I buy and sell my own homes because agents know NOTHING about the property and too many things are HIDDEN. I am honest and answer ALL questions honestly, unlike the agents and their sellers. I watched one agent put a "sold" sign on a house instead of for "sale" and was too lazy to come and fix his mistake!!!. Disgusting, lazy behavior and EXACTLY WHY I DONT USE AGENTS. I have sold 4 homes myself and purchased 3. Saved and made a ton of cash!
ARE you established here? No health care poverty wages 2000$ rents for something decent triple taxes go ahead buy a property in NB and live with a mortage for the rest of time..............TAXES!!!!!!
In its captial city, snow removal is poor and maintenance of the sidewalks is dismall; forget getting out for a walk if you have mobility issues or in a mobility aid in the winter.
I’ve been looking at Nova Scotia (my husband is from there), I’ve always lived in Greater Toronto area. We were thinking of eventually moving to NS. It used to be so cheap there but I can’t seem to find anything at reasonable price anymore. Do think this will correct? The only reason I’d want to move there is for cheap housing, as everything else is way more expensive.
Try buying some undeveloped land or a vacant house on a road that is paved? You should be able to buy an acre lot for $10,000 or so. If you can’t find one, let me know. I may know something available. Rob
Perhaps New Brunswick would be better. I live in Bouctouche and there is a 1,5 story house for sale in downtown for just under 200K. But because it's been for sale for 2 years, you might get it for much, much less.
Taxes alnong with the insane price of utilities and groceries made us dip into our savings, so we moved back to BC where this isn't the case and have more disposable income now.
I was just looking at a gorgeous spacious condo in BC in a very sought after neighbourhood that is asking just under 400K and the property tax on it a year after the homeowners grant is 1032 a year; and if you are a senior, 757 a year, and the strata fee is only 500 a month and that includes heating, water, access to a large indoor swimming pool, gym, pool room, and workshop. Basically including your BC hydro for lights and plug ins, taxes, and strata fee, your expenses for this condo is 621 a month, and is you are a senior, 598 a month.
@@rps1689 You keep saying BC, but where in BC? I watch realters in Vancouver and Victoria, they said property assessment and taxes went up and now it's 1% from the assessed value of the property. Now about the strata fee, it's also went up because of many costly repairs if it's not a brand new building.
@@sweetvictory5643 Still the propert taxes in BC are still less than that of NB. Most strata fees in BC are less than its equivalent in NB, which are Condo corporation fees. BC is British Columbia.
@@sweetvictory5643 To give you an idea, I have a property in the lower mainland with an assessed value that went up to 390K this past spring with a market value around 425K. It has about 900 square feet with a view of a nice sought after view of a huge municipal park and a view of the mountains. I pay just over 900 a year in property taxes, but would be about 350 if I lived in it. The strate fee went up and now is is 400 a month and includes two underground parking places, water. water tax, and heat, but not electricity for lights/outlets; that is about 40 a month in the summer and 45 to 50 in the winter, but my tenant pays for that. The strata fee also includes washing of the windows and balcony once a year and access to two large swimming pools on the complex’s grounds, but are only open from May to October. A similar condo in Fredericton a bit more modern, but without a pool or underground parking would cost me very much more a month..
It definitely crossed our minds...one side of my family is from Moncton, better like snow! My sister moved there from Orillia in mid 2021 upon retirement, at that time average house prices were close to half in NB (exception Moncton being slightly higher) . With prices now dropped in Ontario, but still steady rise there, the incentive is dwindling, especially keeping in mind property taxes in N.B. are noticeably higher, so what you save in mortgage, you make up for in taxes, and lower wages. Slower pace though...
That is not how it works. Even Daniell. Poilievre, and Eby knows no provincial government has never contributed to the equalization program. The program is financed exclusively through federal revenues, such as personal income tax, corporate income tax, and GST. Provincial governments do not pay anything into the equalization programme. Brings to mind the irony is a large portion of the wealth and income in Alberta, that is taxed, would not have existed if it wasn’t for the other provinces that collectively contribute almost 85% of Canada‘s revenue. Federal revenue is what has subsided the fossil fuel industry here and abroad that enabled that wealth; so the fact that Albertans and Alberta corporations create more revenue per capita due to them spending and making more, is irrelevant when it comes to them making a claim they they are not getting their fare share and are owed more.
We are currently working to sell our house in Ontario and move down there. The company i work for is down there as well, but i will be taking a huge pay cut. I am bothered buy all the talk about the outsider treatment. I was born in New Brunswick, grew up in the Upper Gagetown area then Oromocto. I for sure didn't expect to hear that people there would treat anyone like that. I hope it wont be like that for me and my family. But ever since covid you hear stories like that all over the world. People moving to new places, driving up prices etc.
I was born and raised in NB, and went back for three years. There is some disdain in NB for those "coming back home" having the advantage of buying a house or even renting , as many NBers feel they have been priced out of the housing market because of those from richer provinces willig to pay more. I was treated OK, but I noticed how there was no lack of back stabbing and talking behind ON, AB, and BC peoples backs. We went back to BC because we found NB too pricey, higher taxes, and the access to primarty health care was terrible. Plus we get more perks and benefits in BC compared to NB. I was a neat experience though and it made us realize how much we too BC for granted.
@@newbrunswick12345 If you own a property paid for in BC, you will definitley have more disposable income in BC. Real estate is very expensive in BC, but there are places in the less sought after places that can be the same price as a house in a city in NB. If you are a renter in BC, you can end up having your proportion of renter household income spent on rent and utilities lower than that in NB due to better paying jobs. I know a couple that lived in Fredericton and in 2021 they paid 925 a month for rent, at the end of 2022 got a notice of an increase to 1875 effective in the spring and that didn’t include the NB energy bill. They had a family income of about 70K. They moved to BC and now are making just over 140K amd more in the next couple of years. She’s a Skytrain Attendant and he’s in transit security. They pay 1800 a month for a new unit and are protected by annual rent increases. They are young and overwhelmed and haven’t stopped going on about cheap groceries, their company benefits, the money they are banking, and their new EV. They remind me of my youth and the prospect of a new promising life. My wife and I are happy for them, as they were in a dead end job in NB and were somewhat hayseeds that now are getting to experience a life they could never have imagined in NB considering their education. They somewhat miss family at times, but I told them not to fret over it, as they can afford to travel more due to have more vacation time plus they could easily save for a nice down payment for a house in NB if they ever decided to go back. But it looks like they are saving for a downpayment for a nice condo.
I bought a nice little duplex in Shippagan , NB. I am an elder with limited mobility, and realized I would have to wait a long time for proper medical treatment. I was raised in the air force and lived in Greenwood, NS where I finished high school. After 10 years there, my parents were transferred to Summerside PEI. My youngest sister went to UNB in Fredericton. So I have a feel for New Brunswick. When I got here, my next-door-neighbour came barreling over to introduce herself (and husband) and gave the impression they would be willing to help with anything I needed .... but then demanded to know 'if I had family here?' PEI long-time residents seem to have the same attitude - you're either from here or you're 'from away', and if you're 'from away' they don't want to be bothered with you. I find that unbelievably disrespectful, but take peace from the fact a few people are nice and kind and friendly ... when I am more mobile and my French is better, I will attend church where I have no doubt many good people can be found.
@@jeandalgleish6460 While becoming seniors in NB, the poor access to primarty healthcare and long waits was one of the main reasons why we moved back to BC. Also we love to walk a lot, and found the winters months had too much snow on the ground to get around safely and easily; in Frederiction they never cleared the sidewalks properly and many times not even removed the large banks of snow at sidewalk crossing points,. No wonder we never saw anyone out and about in the winter with mobilty aid vehicles. For days on end no snow removal on sidewalks, and if they did, there was uneven thick ice left that was not salted properly so not even a mobility scooter could go over them. Pathetic for a capital city.
It's a huge culture shock. NB-ers are not really welcoming and embracing bunch. The French ... still crying for something that happened 300 years ago, but could not care less for the Native's and what has been done to them. Most ppl in NB are uneducated or very poorly educated, including the university graduates. They will prefer to hire 'their boy' without proper education and knowledge over top notch expert from elsewhere.
Anyone I know moving here who isn't stupid rich is really regretting the move with how things are here. Need a doctor? Get in line for a decade. Need any kind of emergency care? Cross your fingers to be seen! Want to walk downtown? Hope you won't mind possibly not making it because of all the crime! I live downtown Moncton, I see it all..
NB is so corrupt that is doesn't have rent caps and has the worst tenants' rights in the country. The things landlords get way with I could never get away with as a landlord in BC. Landlords in NB want to charge what the market will bear in a so called “free market” yet want NB to maintain a rigged system and tax regimes that has little resemblance of competition and capitalism that favours them over the tenant.
My biggest complaint in NB is the property tax. Moncton, Saint John, and Fredericton have some of the highest property taxes in Canada. If you have a mortgage, be prepared to pay the equivalent to a double mortgage.
@@mybestideas1 My wife and were seriously considering getting a condo in Moncton, but for us not needing a mortgage, it was not worth it, as the fees, property taxes, and utilities was just insanely too high especially for someone on pensions. Keep in mind BC has a generous home owners grant for those that occupy their property especially for seniors. One winter in Moncton was enough for us.
@@mybestideas1 Brings to mind I was looking at a gorgeous spacious condo in BC last week or so in a very sought after neighbourhood that is asking just under 400K and the property tax on it a year after the homeowners grant is 1032 a year; and if you are a senior, 757 a year, and the strata fee is only 500 a month and that includes heating, water, access to a large indoor swimming pool, gym, pool room, and workshop. Basically including your BC hydro for lights and plug ins, taxes, and strata fee, your expenses for this condo is 621 a month, and if you are a senior, 598 a month.
Ppl who have bought within the last 2 yrs are paying almost triple compared to their neighbours. You might be told this is what we pay for our yearly taxes and when you get your tax bill the following yr you are in for a surprise. Someone bought a house next to me last yr has already sold her taxes were were outrageous compared to mine
We’re a closer to 2.5 months of inventory here in Saint John Area. Would love to talk to you anytime about the real estate market here in New Brunswick 🚀🔥‼️ I’ve helped many Ontario families move here
NB has a strong history of hunting and fishing. If you're a tree hugger, animal lover you'll have to get used to seeing dead animals in the back of trucks during hunting season.
@@jonflynn Why did your guest favor a high cap rate from years ago and you were happy with a 3% in Ontario now? What does the cap rate mean in lay terms?
Greed disease is right, thinking they can buy up all the houses, put a little work on them and sell for 2x 3x or rent out Toronto prices? buying a trailer in a park, village or town and then charging those prices and complaining you need that much for rent? if people could afford those prices they wouldn't be living in a trailer park type setting. told one person your not in Kansas anymore Princess lol. he lasted 6 months. Would be the same if all the houses and rent was being taken up by people from BC and people living in Toronto couldnt afford living or the prices anymore.
Playing it safe and playing the long game. Why keep living in mega bubble market city, where inflation, crime (is on the rise), multi-cultural misunderstandings and disinformation, traffic dystopia (zombies), political revolts and encampments.... Sit this one out, till you're in your 90's and enjoy all the Netflix and Ai toys that's coming soon.
Strange math needed but difference in higher taxes still lower than BC overall. Say just home prices a million dollar house is probably 400-500k in good NB area. With 5% interest rates the extra 400-500k would be 20-25k per year difference. Way more than the extra 1% property tax and probably way more than the appropriate difference in tax rates.
it probably did shoot up by 700k but you realtors dont need to spook buyers who already cant afford the house they live in. do some creative accounting to get the numbers you want to say on the paper right?
My friend and her family moved to NB in 2021 from Southern Ontario. They sold for 700k and bought for 300k. They owed 300k on the mortgage so walked away with 100k
Why would anyone move to crappy new brunswick??? Jobs are crap,taxes are the highest in canada, you make $16-25 no matter the job,,truck driver make $18-25 minus %35 taxes and the most expensive gas,rent,hydro crap roads and companies who only care about money
2 bed two baths apartment’s are $1800+. Attached homes, 3 bed 2 baths are $2100+. Rents are out of control and not sustainable. A crash is coming. At least it needs to. I rented a 2 bed 2 bath apartment 2018 for $1275, this is now going for over $1800. I’m never leaving I guess.
This economic situation is created by stangers comming here with the intention of buying, flipping and selling for profit then take that money out of the province which disrupt our economy...
I knew some people from BC that did that exactly, and took the money they made from flipping and selling back to the west coast. These type of investors do little to contriute to the economy of NB.
Can't just blame investors for driving up prices. Nobody forced the sellers to sell at outrageous prices. If no one sold to them, they would have nothing to invest in.
You better have 1 to 2 million in savings depending on your age. The cost of living, outside of housing, is double that of Ontario. And I mean everything ! Wages are the lowest and taxes are the highest in Canada. Irving Oil and McCain Foods control everything including the govt. !!! Forget about health care and education. They were rapidly diminishing ten years before Covid. Flooding is a year round problem everywhere unless you are on higher ground away from lakes and rivers. And I am talking about serious biblical flooding. The locals for the most part are great just like most Canadians, but there is a large segment that despise Ontarians for driving up the cost of housing and rents and just about everything else. I am quite frugal and could have gotten a good deal on a place to live in 2021, but the absence of health care was a deal breaker. If I was younger it would be a different story. My advice if you move to any Maritime province , is to mind your P and Q,s and not come off as a know it all with lots of money to wave in local,s faces. They are good down to earth people who have been given the shaft by the govt. many times over the last 40 years or so. It is their home and you are their guest !!!!!!
We found living in NB really took a bite out of our savings, but now that we are in BC we have no need to dip into our savings and have more disposable income due to utiilites, taxes, and groceries being cheaper; plus we have perks and breaks we didn't get in NB that saves us money we can bank.
@elaineandstevecorke7006 A Canadian who is disgusted at how Maritimers have been ripped off by the govt. for decades. Somehow you misread the message I was trying to convey. As a true Canadian, I apologize for that !
Ok i have a question,and no im not racist or a hater,the immigrants that have come here have taken all the fast food jobs,driving taxi,all the food delivery serives. Here's my question where did all the employees go that had those jobs before ppl were brought here? By the way most of the ppl displaced from their are white. Also many low income rentals which ppl have waited years to get are now given to immigrants. Where did all those ppl go that were renting low income appartments? Ppl have been kicked out and immigrants moved in. This is going on in the capital city of Fredricton. Has anyone noticed how many homeless there is now? It all goes hand in hand. I live in Freddy and I paint for a living,We do alot of new appartment buildings and the rents are crazy 1600 to 2000 a month . Sad thing is I'd be hard pressed to live in a new appartment and buying a house is just a dream now. Who do we have to thank for all this? Our GREAT goverment led by Great leader Turdeau. You cant even get decent coffee anymore because the new employee's Can't speak english. Im sorry but i can't understand why anyone should be allowed to come here and live but doesn't speak english. Im speaking the truth like it or not. Oh and here's one more, who gets to drive around with a picture of an AK 47 on the side of their car? Ive lived here my whole life and if i drove around with a picture of a gun,an AK 47, on my car id be made to take it off and maybe charged with a crime. Crazy times we live in. The government's in Europe have done the same thing and how has it turned out for them? Look it up because u won't see it on the news. Sad state of affairs in New Brunswick. Peace out ppl.
The housing crises in NB has been in the making for decades, but it wasn't as obvious as in the rest of the country. I know some younger people that have been priced out of the rental market and had to move to another province with better paying jobs in order to rent something decent. Even though NB has a long history of not being able to retain immigrants, they retain more nowadays for a longer period due to it being so expensive to start from scratch in the bigger cities. We noticed a lot of people in Frederiction without homes, and proffessionals sharing an apartment.
@@rps1689 Nice cookie cutter answer,do u think its ok to displace Canadians and give their low income appartments to ppl just getting here and being paid for by our goverment. Where do u think their being replaced to? Id say the street or a coffin. And if u dare speak about this issue ur a racist or a hater. Have u seen the cars with the picture of Ak 47 and the province they come from? That's like gang or terrorism shit and no body does shit. If i did that id already be charged for sure. The future for us in North America is bleak when the petrodollar collapses and war arrives at our front door they are going to make us a third world country. Sad that we are going to have to fight for our freedom once again. The immigration is part of the plan. See now i sound like racist hater but its not that way,i just want us Canadians to be treated fair.
As an outsider who moved to Freddy in 2019 (don't worry I'm leaving soon), I left the big city exactly because of the many day-to-day problems that crop up with . Freddy was a paradise coming in, it felt like coming home, everything was in harmony and everyone was a neighbor, just blissful. Now 5 years later I don't even recognize Freddy, especially in the last year it's all changed. The day-to-day charm is dead and we all know who killed it, just look around at who is here now all of a sudden. I will be splitting my upcoming retirement between eastern europe in the summer and the tropics in the winter.
