It’s not news that there’s a shortage of reasonably priced places to live in Portland. But the city can’t accommodate everyone in southern Maine who needs affordable housing. That’s why it’s good news that officials from five surrounding communities joined their Portland counterparts this week to share strategies to address the shortfall. This is a regional problem that demands a regional solution.
The Portland Press Herald/Maine Sunday Telegram’s “No Vacancy” series has documented the city’s housing crisis: low supply, high demand and rising costs. Similar concerns are being voiced in South Portland. And pressure on the housing market is likely to keep spreading geographically, given that the Portland metro area – which encompasses a region between Freeport and Kennebunk – dominates the state’s economy.
In fact, over the next three years, 6,000 new housing units (both for-sale and rental) will be needed in York, Cumberland and Sagadahoc counties, ... read more at: http://www.pressherald.com/2016/03/25/our-view-portland-housing-crunch-also-a-regional-problem/