Live data from Hacker News

Can payments persuade Canadian residents to move away from dying villages?

bloomberg.com

1–10 of 195 posts

Re: Can payments persuade Canadian residents to move away from dying villages?

#3
One of my new favorite shows on Vice actually did a show about how abandoned Newfoundland is. They pointed out the over fishing of the area then the government banned fishing outright which started the collapse.

https://video.vice.com/en_ca/video/Newfoundland-Coast/57bddb...

Re: Can payments persuade Canadian residents to move away from dying villages?

#4
TL;DR — Fishing villages [...] sent into a tailspin by a fishery collapse, oil-price slump and mounting debt that left it with Canada’s most severe fiscal and demographic crisis. The provincial government now is pushing to close places like Little Bay Islands altogether rather than service them, offering [...] at least C$250,000 ($189,000) each to leave—and spurring a bitter, three-year fight over whether to cash out or endure.

(Actually, the article is not that long, but the title is clickbait)

I thought the reason was going to be related to the increment of sea levels, as villages near the coasts will surely be affected sooner than later by the constant floods in the coming years. Anyway, I agree with the sentiment of the people mentioned in the article, it is not clear when the Canadian government will pay that money, some people with houses near the coast are retired, they just want to live a peaceful life near the sea, they don't want to relocate, so it is logical to think that this strategy of the government to offer money to leave the place will not work, at least not very well.

Re: Can payments persuade Canadian residents to move away from dying villages?

#5
post #2

What's with the GIGANTIC title and header fonts on this page. The one on the bottom even has some bouncing animation associated with it.

The page probably needed to "pop" more, so the designers added a little more zazz to it.

Re: Can payments persuade Canadian residents to move away from dying villages?

#6
I actually live in Toronto and I agree real estate here is expensive.

What I don't get is WAY more expensive in places like London, Hong Kong, New York and San Francisco but I don't hear as many complaints or alarms going off in those areas. Why? Is this just me being oblivious?

Re: Can payments persuade Canadian residents to move away from dying villages?

#7
post #6

I actually live in Toronto and I agree real estate here is expensive. What I don't get is WAY more expensive in places like London, Hong Kong, New York and San Francisco but I don't hear as many complaints or alarms going off in those areas. Why? Is this just me being oblivious?

Much of the conversation is really about the rate of change. San Francisco has at least as many complaints and alarms, by the way - and for similar reasons.

Some places have been very expensive for generations, so it has been normalized.

Re: Can payments persuade Canadian residents to move away from dying villages?

#8
post #6

I actually live in Toronto and I agree real estate here is expensive. What I don't get is WAY more expensive in places like London, Hong Kong, New York and San Francisco but I don't hear as many complaints or alarms going off in those areas. Why? Is this just me being oblivious?

It's because Toronto is in a state of transition.

No one complains about NY, London, HK real-estate because it's already understood to be expensive in the mainstream.

But Toronto real-estate being expensive is relatively new such that you have people who grew up in Toronto not being able to afford it in adulthood.

People are slowly realizing that TO is now just another global city out of reach to the middle class unless you make heavy comprises. Give it some time, and soon people will stop complaining about being able to buy a house with a backyard here as well.

Re: Can payments persuade Canadian residents to move away from dying villages?

#9
post #2

What's with the GIGANTIC title and header fonts on this page. The one on the bottom even has some bouncing animation associated with it.

The page probably needed to "pop" more, so the designers added a little more zazz to it.

I could see that being in a management email, with "please advise" at the bottom.

Re: Can payments persuade Canadian residents to move away from dying villages?

#10
post #6

I actually live in Toronto and I agree real estate here is expensive. What I don't get is WAY more expensive in places like London, Hong Kong, New York and San Francisco but I don't hear as many complaints or alarms going off in those areas. Why? Is this just me being oblivious?

The article was more to do about the sad state of economic affairs in NL, and not the buoyed real-estate market.
Post reply on HN