The BDN is exploring Maine’s housing crisis from every possible angle, from how it affects home prices, to what it means for Mainers across the state. Read our ongoing coverage here and fill out this form to tell us what you want to know. Public outcry followed news last week that residents of an affordable housing complex in South Portland would see an average $400 rent increase after a real estate investment company bought it, making the monthly payment unaffordable to some. It is a scenario playing out all over the state in different ways as housing prices continue to rise and tenants struggle to keep up. Ten tenants of a historic building in Bangor were displaced recently after a new owner wanted to renovate the property.

Sections:  u.s.   
Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
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    Baron Real Estate Income Fund increased 1.96% in the first quarter of 2024, outperforming the MSCI US REIT Index, which declined 0.62%.
    04/24/2024 - 3:30 am | View Link
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