I came from a town in Ontario that suffered from similar issues. It took about forty years for the economy to finally deversify

We moved here 5 years ago and only stayed because we got in before property assessments went crazy and we are so far out in the country that we are practically living with the bears. If we were considering moving here today, property tax would be a deal breaker. The following examples are of houses in Shediac. It’s a similar story for Moncton. Ex. An owner occupied house sold in 2022 was assessed at 220K in 2022 and 350K in 2023. Taxes went from $3100 to $5100 Another owner occupied house right across the street sold in 2016 was assessed at 250K in 2022 and 350K in 2023. Taxes went from $3600 to $3900. Both houses have no changes made to them that year. There is no standard in the assessment increase nor tax rate increase. The justification for the assessment increase is the market value. The power that be forget that this increase is not realized until a house is sold. At this rate, people will be taxed right out of their homes. And what regular Joe would not be leery of buying if they get hit with a huge tax increase the following year? As for small Mom and Pop landlords, STAY AWAY. NB charges more for non-owner occupied houses and rent is limited due to the lower salaries. IF you get good paying tenants and maintenance is manageable, you may be left with crumbs. The rest will go to paying taxes. Ex. A rental property sold in 2022 went from assessed value of 228K in 2022 to 350K in 2023. Taxes was $3300 in 2022 to $7200 in 2023. This must be paid in lump sum. Non-owner occupied homes must pay property taxes by May 31 of each year, no options to do instalments. A common headline in the news is how much property values have increased. I think in the frenzy to boost the province’s image, it is forgotten that there are people behind these numbers. Most of us just want to live comfortably in a home whether it’s owned or rented. And this is getting to be impossible with the province bleeding home owners dry through taxes. This is all on top of the more expensive food and gas. A province is only as good as the contentment of its people. Advice for would be home owners in NB is to armed yourselves with info before buying. A good website is paol-efel.snb.ca/?lang=en or just google NB property assessment. As for home owners who disagree with their assessments, don't hesitate to ask for review every year. Just be aware that assessments come out January of every year and you have a limited time to request a review of 30 days. Most people get caught off guard because the tax amount doesn't show up until March and it's too late to request a review by then. Everything else is lovely! People, nature, the open spaces, the water, and even winter! :)

I’m moving to NB but elsewhere and I still found a lot of the content relevant. Thanks for such an honest and informative video, you seem like a great couple :)

If not for the terrible weather and taxes I’d definitely consider it. 👍🏻

I’m glad the algorithm did its thing. Your content is very good! As a newcomer who’s coming from european city with population over 2M, I really want to get as much as possible information about both Moncton and Saint John city. Are you going to make some comparisons between those two cities from perspective of someone who’s been there for over 25 years? I’d love to hear your opinions about other cities/towns. Very good information provided, thank you!

Very useful information 🙌

You have a new subscriber here. Just like your energies

I'am very happy with your presentation. Thank you😊

The biggest problem I found out here is procrastination. It's just unbelievable trying to deal with any type of business. You really have to push to get anything done or even a return phone call. Absolutely frustrating and has nothing to do with a laid-back lifestyle. It's just ignorance.

Great info.Thanks.I am considering NB.If you have offgrid info .Thank would help immensely.

Thanks for all the information in your contents. My family is considering moving to Moncton and for us crime and safety is a major issue. Is this a major problem there? Thanks in advance

Do many people burn wood for heat? Thinking of moving to the outskirts and selling firewood for a living.

I hope to be there soon as an international student . Im hoping to get admission in University of Crandall

is there a need for healthcare workers as Assisstant in nursing or Disability Support workers?

Where is the most safest and family friendly neighborhood in NB _Moncton ?

I wonder how they are with Americans moving into the area?

can you survive as a single young man with minimum wage in Moncton?

Moncton is not nice. I would highly recommend moving elsewhere. I can barely last a long weekend there. It’s cheap for a good reason.

Not a great city, I would look elsewhere!

I am a transgender. What are the chances of me getting employed there?

Moncton is the worst city of all Canada don't waste time there!!