You’ve probably heard the term “affordable housing”, let’s break down what that means here in Maine — because finding a place to live here that doesn’t drain your wallet can be a challenge in the current times.
Let’s talk about that New England city. You know, the one with the rich history, iconic sports teams, best events, and a wicked cool vibe. But there's something else about this city that's making headlines: it's outrageously expensive to own a piece of it.
Americans have accumulated hundreds of billions of dollars in personal loan debt, especially over the last few years with the inflation crisis, and it appears that Mainers are feeling the hit more than most.
Portland has become a focal point in recent years for a lack of affordable housing, specifically rentals, available for residents of the city. Prices have skyrocketed for a simple 2-bedroom unit within city parameters, leaving many would-be renters frustrated...