JOHN DeMONT: How remote work supercharged our housing market | SaltWire

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Shelter is the story in Nova Scotia right now. How so many people don’t have it, or if they do they have to sell a kidney on the black market to pay for ...

According to HGTV, the hottest real estate market in Canada right now is Yarmouth, N.S.How so many people don’t have it, or if they do they have to sell a kidney on the black market to pay for it.

It is a Darwinian world out there amid the houses, condos and apartments, a zero-sum battlefield where for every winner there is seemingly a loser.a story that appeared the other dayAcross Canada, they had fallen 6.1 per cent in September 2022 from a year earlier, to a still once-unimaginable $640,479.

When their final tabulations were done, five of the 10 hottest markets were found right here in Nova Scotia: Cape Breton , our Highlands area , the South Shore , and the Sunrise Trail . The most blazingly hot real estate market in all of Canada — let the bells ring out and the banners fly — turns out to be Yarmouth, where the bench-mark MLS price in September was $212,200, up 21.7 percent from a year earlier.

In this space, I have gone on at numbing length about why this is so: the pandemic has made people in the rest of Canada look far beyond the city limits. Livings, though, must be made, to ensure this does not just become a place for those newcomers with a whopping pension, or a bank account heavy with the spoils of selling a house in the big city.

Remote work enables my son to work here for an outfit that is there. It allows neighbours down along the South Shore to be near an aging mother, and a friend to be able to visit his mom in a Halifax nursing home, most days while making his daily bread serving clients in the southern United States.

 

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JOHN DeMONT: How remote work supercharged our housing market | SaltWireShelter is the story in Nova Scotia right now. How so many people don’t have it, or if they do they have to sell a kidney on the black market to pay for ...
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