Maine’s population is aging, and investors are opening up luxury rentals for the state’s seniors. But as the Portland Press Herald reports, affordable options lag far behind.
According to the Herald, market-rate projects in the Portland area, priced between $3,000 and $4,000 per month, are expected to produce at least 614 units in the next year or so.
Meanwhile government-subsidized projects in the same area will create a total of only 156 units with rents between $800 and $1,200 per month.
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year
Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:
