Of late, my wife and I have been actively looking at where and how we want to live from now until retirement and then hopefully long into that next stage. There are a lot of tradespeople and others who will ultimately gain or lose work based on what we decide. Ever thought about that yourself?
So we live in a bungaloft; a home with a main floor, finished basement and a second storey that overlooks the living room on the main floor. Outside we’ve got many floral gardens; 95% of which are filled with perennials; so there’s less work than it looks at this stage as the bulk of the work is done. The folks at garden centres have a lot of our money!
The thing is, we can’t at the moment, decide on what to do between the choices we’ve presented to ourselves. We could:
- Stay put and do some renovating to make a really nice home even better
- Move to some property with a great view, and a house that ticks off all the things on our ‘dream’ list
- Buy a lot and have a home built from scratch just the way we want it
- Move to a smaller place; like a condo and buy a recreation vehicle and travel weekends and on our vacations
Now I’m not just sharing our discussions for the purpose of garnering ‘likes’ such as one would on FB. No, I’m sharing because there are a lot of working people who will make money or lose opportunities based on whatever we decide. And who knows; there could be more options yet that come to light.
There’s the RV sales people; and if you’ve not been inside some campers and trailers for years, you should think about taking in such a show. Things have come a long way in comfort and options. Bigger isn’t always better, but it sure is nice to have some comforts when you’re coming in after a day on the trails, white water rafting or having been out doing pretty much anything active. Yes the RV sales people will be happy to know that we’re potentially in the market – again.
Now we’ve moved 8 times if you include the first three years of our marriage where we were in 3 apartments in the first 3 years. 5 different houses representing 10 real estate commissions, 10 lawyer’s fees, 3 home inspectors and way too many people in administrative roles to count giving buyers and sellers approval for this and that. In the last house, we stood and watched it go up right from the foundation. So many builders! There’s the tradespeople; the carpet layer, the hardwood installer, the trim team, the counter top manufacturer’s, the roofers, the framers, the dry waller’s, the landscapers who brought in the armour stone and made the waterfall, the plumbers, electricians, asphalt team, city inspector, gas, hydro, cable and water installers, the people delivering turf. Forgot to mention the heavy equipment operators, window installers and manufacturer’s, and of course all the people who produce and sell all the contents from lighting and bathroom fixtures to painters and HVAC people. Then too there’s the movers who transport all the ‘stuff’ from one house to another. So many people!
That’s a lot of jobs for a lot of people and we’re only one couple. When the housing industry is booming, it’s not hard to see that for every time you pass a new development going up, a lot of people are benefitting from the work created.
And what of that RV? There are owners of campgrounds hoping we’ll be among the many who frequent their sites. There’s the gas station employees and owners who hope we’re on the road, the people who build, sell and install the appliances contained within. Then there’s plumbers, electricians, framers, again. There are folks on automotive assembly lines who work at construction, engine installation, wiring, lighting and depending on the model, even the kitchen sink and toilet!
Then we’ve got to find a place to store the vehicle perhaps, for if we stay put, that new RV can’t stay in the driveway. Nope, by-laws forbid that. So someone makes money storing and maybe winterizing that RV.
I see a lot of Mitchell money going out. Oh, and to pull it unless it’s self-driven? Yep, that’s one of our cars to sell and replace with a vehicle with better towing capacity. I just keep thinking of all the people happy to take my money; our money. Oh well, it is only money. Right? Then again, I’m about 7 years (give or take) from retiring and then the money coming in drops. That bears thinking about.
That we’re in this thought process isn’t the thrust of the piece, but a look at who in the world of work will be affected and receive income/work from our choices. Say, what if we stayed put and just did some traveling of a different sort? Then the people taking our money might be airlines, hotel owners, restauranteurs, theatre owners, valets, RV rental agents, train operators, etc. What about all the souvenir creators and vendors relying on us, the servers, hotel staff, bed and breakfast operators and tour guides? What of the amusement operators – why even the road crews who pave the roads we’ll drive on?
There are a lot of people potentially taking our money. Stay tuned contractors, agents, builders, vendors, assembly line workers, …