Go East, dude

As one Taylor will say to go north, another...wiser Taylor will tell you to go east. I have reasons which I don't want to tell you just yet, but I CAN say that my investment here has gone up 30% in one year. Home builders can't keep up with the boom, and most people have no idea how many more jobs are coming.

You see, New Brunswick, Saint John in particular is run mostly by one family business. They're strategy is very smart. When the economy has a downturn they buy up flailing businesses: ship building, oil refineries, sawmills, pulp and paper, liquid natural gas ports, and most recently...well I can't say, but when the economy turns around they will be sitting on a fortune. Of coarse not every venture succeeds, but they have been around for a hundred years and show no signs of slowing down.

I have a contact in city hall who hears things whispered in hallways and broomclosets and reports back to me. I have been forewarned, and feel that I should tell you. I have set my family up in a base camp here for a couple of years to buy up property and see Canada's sexy East Coast. Hopefully we're not too late. The worst case scenario is that we end up living in a beautiful old victorian house with acreage for a fraction of the price we would have paid in smelly Vancouver.

If you listen to T1 (the waynenator) he will say to buy in the north and hope your house doesn't fall over before you make a profit. The problem is; people have known about the port for years and serious investors haven't jumped on it. I would look into the vacancy rate before dishing out a 'hot tip' like that. In SJ, it is 2% and falling drastically, not to mention it is also the '#1 happiest place in Canada' according to recent polls.