01/08/2026
Reasons why it is hard to find a reasonably priced home.
Yesterday I made a post about rejecting a ME bill that would create a registration requirement for landlords owning rental units that included fees, fines & penalties. š
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šI do however, fully support this measure & introducing ļæ¼similar legislation for the state of Maine. As a Realtor, I have seen REOās come in with cash paying way over asking price, taking away home opportunities from regular citizens already battling low inventory. ļæ¼This drives up the comparative ļæ¼market analysis moving forward, making prices inflated.
I ļæ¼ would also include blocking foreign governments and hostile entities from buying property in Maine. A good example is the exposure of over 400 single-family residences being bought up by the Chinese Communist Party using shell companies ļæ¼to create illegal cannabis grow houses. Who knows what other illicit activity is coming in and out, including human trafficking. ļæ¼š«