- paul bishop
- September 14, 2013 - 06:52
Its a typical boom town but one gone even crazier than Fort Mac or the likes. Us humble Newfoundlanders were once modest and could live and be happy off the land and sea. We gave to our next door neighbour, didnt care what the other person had paid for their house, maybe helped them build it, had a great sense of community, knew and loved our neighbours and sometimes there were indeed people with little or nothing. Though wonderful for our province to prosper and give people who had very little high paying jobs and new homes etc , the attitude that has taken over our little island has kicked out our sense of culture and has left us now one of Canadas unfriendliest province?? ( yes voted ). Friends of ours ( say Sally and Sam ) were visiting for a week this summer and first couldnt believe the price of fruit, vegetables, meat, orange juice and milk!!! For a low income family in NL, eating healthy in this province costs a fortune!!! But still you can get a 2 litre of pepesi for 99 cents! Go figure. My mainland friends wanted to take in the George Street festival but came back after an hour of trying to watch a band. They said not only was there no room on the street, they said everyone was drunk and drunk to the point where they were pushed, told to f-off and had a drink spilled on them. When Sally went to the washroom she was stopped in her tracks by four young woman who were doing cocaine on the back of one of the toilets, door wide open. She later saw one of the women playing in a band there at a pub and she waved to her with a wink. Everywhere they went they said you could feel the oil boom mentality. During the day, they said the aweful and worst roads ( yes in Atlantic Canada voted ) were filled with dangerous drivers who didnt use signal lights and young guys in big trucks flying through towns. They tried to take their kids to a movie but it was overcrowded and sold out. They even saw Rian Clowe there with his daughter skipping a popcorn line because he would have missed the movie if he waited so he headed for a vending machine to get some snacks for his little girl. Now Rian Clowe should jump the line, just saying!!! When I showed them the price we paid for our bungalo here in Paradise ( where they ruined a tire hitting a pothole and while coming up Topsail Road and waiting 45 mins in traffic at 4 on a saturday ) I could tell they thought I must be insane. Their kids said they couldnt wait to go back home and go hang out and swim on one of the beaches ( Topsail beach would be considered the pit or driveway to one of their beaches ) or walk the water- front in the evenings listening to buskers and sitting there getting icecream. Oh well, they could have stood in a 40 min line up at the keg...(our waterfront claim to fame where the barhoppers go first to prime) , got completely wasted and walked our most popular strip, george street hoping to not get something put in your drink!! They were also happy to go back to their three level home just outside of Halifax with two acres where there was peace and quite but was close enough to all amenities and not be crowded in a movie or restaurant. Oh and they paid $280 thousand 3 years ago for this beautiful place that is not on a postage stamp. Noone in their area asks how much they make or cares. Everyone seems friendly and cherry and wants to lend a hand on yard sales etc. Like Sally said " where we live its just happier... this place is gone crazy with money". Bye Bye old Newfoundland, I wish our kids could have known who you were.
- a business man
- September 16, 2013 - 08:19
Honestly, everything you say about Newfoundland is true, in my opinion. I was born in NF, and I left for school in Ontario in my late teens. I returned recently to divest/sell off some of my family's assets. I will share two positions of mine. 1) I am happy about the oil boom because I own rental housing (that I did not sell off). These properties were paid off in full in the late 80s and early 90s, which makes them a steady income stream for me. That said, the rent has doubled in recent years because of the oil boom. I certainly could afford to leave the rent the same, but the market dictates that I can charge lots more, so I do. Sure, many low income families cannot afford food, but that is not my problem. And yes, some of my tenants have left because they cannot afford the rent, but that is okay becauase they were replaced promptly with new tenants who could pay the higher rent. 2) I do not care about the loss of Newfoundland's culture because I live in Ontario. When I left Newfoundland, it was my goal to make lots of money and build a life in Ontario. I succeed. Now, my whole family lives in Ontario, and our time in Newfoundland is just a memory. But our assets are real and still making money for us. So with that line of thinking, I welcome to Newfoundland all the coke snorting, queue jumping, rudeness and self-centeredness that comes with the oil boom because a) it is part and parcel of the oil boom which has made me lots of money as a landlord, and b) because it does not effect me anymore since I am back in Ontario. In short, I welcome anything that adds value to my portfolio, regardless of how in impacts other people (who are not my family/friends)
- September 13, 2013 - 15:21
Welcome to the inflated oil market driven pricing of goods and services. I survived two downturns in the Calgary market and I can tell you it was horrible. People were throwing their keys on the lenders desks as the mortgage was higher than the value after the downturn ! It was not a pretty picture. MAKE SURE you save for that " Rainy Day ", as it will come ! Take it from someone that has been there !
- September 13, 2013 - 13:37
It's great that Newfoundland has finally become a "have" province. Not so great is that we are well on our way to becoming another Alberta, where unless you work in the oil industry making oil industry wages, you will barely be able to afford to live here. One of this province's best assets was that people could have a decent life here without needing a 6-figure income. Those days are fast disappearing.