Maine faces a severe housing crisis due to population growth outpacing new housing supply.

Maine faces a severe housing crisis due to population growth outpacing new housing supply, leading to skyrocketing house prices and rental costs. Resistance from residents to developments could be the biggest barrier to addressing this issue, which may result in widespread gentrification and a mass exodus of working-class residents. Efforts to ease the crisis, such as allowing multifamily housing and accessory dwelling units, have had limited impact.

August 11, 2024
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