The age-old solution to unaffordable houses GlobeMoney
Mary Stokes-Rees, a reader of this newsletter from Saint John, N.B., has some advice for millennials who are priced out of the housing market. Come to New Brunswick, Ms. Stokes-Rees said in an e-mail exchange we had recently.
I’d like to share more of what Ms. Stokes-Rees had to say because it makes some sense. There are plenty of communities like Saint John where houses are totally affordable. “The following comment is not at all meant to sound curmudgeonly, since I have two youngish adult sons myself, and both now do own their own homes. However, I would like to point out that the way they did it was to buy in affordable cities.
New Brunswick employers are desperate for workers in many different fields – nursing, teaching French Immersion, tech, engineering, construction etc. due to a retiring demographic. Our lovely small cities need more young workers. The lifestyle in East Coast cities is fabulous, but the biggest advantage for many is that the housing is so much less expensive.
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