Stories Related to Tell Us How High Rents And Apartment Shortages Are Affecting You

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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    For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates. That’s now breaking ...
    05/5/2024 - 10:00 am | View Link
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    04/25/2024 - 1:54 pm | View Link
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    More construction is a surefire way to limit increases in home prices and rent, and that's going to take lower interest rates.
    04/25/2024 - 5:44 am | View Link
  • Inflation surge has held off interest rate cuts, hurt stocks. Will it slow down in 2024?
    That has been expected to filter into renewals of existing leases on the belief that landlords fearful of losing tenants to rivals down the block would raise rents just modestly when existing ...
    04/23/2024 - 11:36 pm | View Link
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