Not a fan of Jones' articles as they're usually pessimistic on the best of days, but worth noting a few items:
https://www.cbc.ca/news/canada/new-b...ices-1.5782841
![](https://i.cbc.ca/1.5782872.1604016184!/fileImage/httpImage/image.JPG_gen/derivatives/16x9_780/saint-john-buldings.JPG)
A numbered company from Peterborough, Ont. bought this corner brick building and the wooden one behind it in Saint John in July for $425,000. Together they house13 apartments
![](https://i.cbc.ca/1.5782893.1604016761!/fileImage/httpImage/image.JPG_gen/derivatives/original_1180/technology-dr.JPG)
This four story apartment building on Technology Drive in Saint John was bought by a numbered company in British Columbia for $1.67 million in July.
![](https://i.cbc.ca/1.5782896.1604016899!/fileImage/httpImage/image.JPG_gen/derivatives/original_1180/older-building-sj.JPG)
Out-of-province investors have purchased dozens of apartment buildings in New Brunswick this year, both high end and low end. This well-worn six unit building on Princess Street in Saint John was bought for $170,000 by a BC company in August.