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FleekAdjacent t1_j6izwmg wrote

The housing crisis is going to crater Maine’s economy sooner rather than later.

Workers need affordable, livable, stable housing. Or else they won’t be workers here much longer. And nobody is going to replace them.

Don’t worry though, we’re just going to ignore this until things fall apart completely and people are whining “nobody wants to work anymore”.

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masktoobig t1_j6m6oqw wrote

It's already happening. Filling employment openings in this state these days isn't working anymore.

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Seyword t1_j6jiw5c wrote

It’s a complex issue that is not unique to Maine in any shape or form.

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Armigine t1_j6k0ev2 wrote

Some of the weirdness about Maine seems to be how such a high proportion of new builds are purchased by people who don't live here, and not just for purposes of renting them out. I'm currently effectively in a ghost town, most of the homes built in the last 10 years seem to not have year-round locals living in them

Everywhere is suffering from a housing crisis, it does seem to be a little worse here than some of the other states I was used to

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FleekAdjacent t1_j6jjh4v wrote

Maine’s housing crisis is impacted by factors that aren’t present in every market, or necessarily to the extent they are in Maine.

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Seyword t1_j6jmda1 wrote

The same can be said for every city across the country. Some are impacted less, while others have been impacted significantly more than Maine. The same exact issues/concerns are brought up all over the US.

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WillSuckDick4Coffee t1_j6kr7h7 wrote

You build places for people to live. It's not complex.

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FleekAdjacent t1_j6kvfc4 wrote

The unfathomable amount of money chasing new construction limits the ability of new construction alone to address the housing crisis.

Workforce housing needs to be built and offered to those who need a home and have the kind of income that can be earned locally.

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whatthefiach t1_j6mly2o wrote

We don't need to build anything in reality. There's so many vacant places that are already housing usable or could be converted. It's a matter of not making rent 1200+ a month or having a scrappy building cost 100k+. I barely make 30k a year... so paying workers more is another solution but that's too hard too it seems.

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lucidlilacdream t1_j6n7u5d wrote

I mean, yes, COL has risen everywhere. But, Maine is seeing the COL rise and it’s the oldest state in America. So, the impact on our workforce is actually unique.

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metalandmeeples t1_j6ik7qj wrote

The silver lining here is that evictions are still lower than in 2019 and every year in the chart before 2019 except for 2009. I don't think we've seen the bottom fall out yet, however. Mainers are resilient and are scraping by but at some point something has to give.

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Seyword t1_j6imbw2 wrote

Shot up because they were practically blocked for 2020/2021…not sure why this is news.

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iwantmypinkshirtback OP t1_j6io86q wrote

Well apparently they were still going on in 2021.

>Data from the state Judicial Branch shows that the filings climbed from 3,908 in 2021 to 4,965 last year.

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derpmcperpenstein t1_j6jzlhz wrote

My landlord jacked my rent up 15% on Dec 1st. ( Before the new law took effect on Jan 1).

🤕

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WelcomeToTheBough t1_j6irt5f wrote

so your a landlord?

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Seyword t1_j6isp80 wrote

Just your average homeowner. Maybe a landlord someday, seems like a lot to work though.

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WelcomeToTheBough t1_j6irrbb wrote

You want to build new $1800 rents, ill roll my eyes but no "NIMBYs" have the power to block them. Ether way build nothing or build $1800 rents and the longtime Mainers making well under 100k head to the streets. We need housing for all, not free market idealism

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MapoTofuWithRice t1_j6jircq wrote

First, new housing is expected to be the more expensive than old housing. Unless you're selling an antique, something new always fetches a higher premium than something old.

Second, that housing is so expensive isn't an indictment to the housing market, but to the policy decisions that made an extreme housing crises possible at all. Cities and countries that don't have extreme barriers or laborious bureaucratic hurdles to building more housing don't have the same problems with living costs that we see here in Maine.

Basically, blow up zoning and limit the amount of public input on whats built near them and the problem will self correct.

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WelcomeToTheBough t1_j6jk7wc wrote

ah other people's rents go up with new housing.... Again its laughable Cali upzoning doesn't bring prices down. Upzoning allows them to focus on housing that makes the most money!

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Just admit you are for free market policy's please, enough with the games.

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MapoTofuWithRice t1_j6jkvn0 wrote

New construction makes homes more affordable—even for those who can't afford the new units

Letting the free market build where people want to live makes housing cheaper.

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WelcomeToTheBough t1_j6jm4k1 wrote

Nope, you can't cite it in Cali real evidence. How is putting duplex's in low income places helping renters? Cause thats how things went in Cali. All you can cite is real estate BS, if it worked so well it would be in front of us. Portland has built a ton and prices go up! As long as you have great demand, why are they gonna lessen rents? These aren't widgets you are flooding the market with they are rents.... Landlords can fill rentals with tech workers and such.

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MapoTofuWithRice t1_j6joj1m wrote

Portland, and Maine in general, have only scratched the surface of meeting its housing demand. It might seem like there is a lot of construction, but this is nothing compared to where it needs to be. Maine is a hot commodity and people with money aren't going to stop moving here because we wish it. By stagnating housing supply you aren't punish tech workers or other boogieman with money- you're punishing people without the money to compete with them. If you don't build a new mid or high-rise they'll live in an old townhouse that might have otherwise remained affordable.

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WelcomeToTheBough t1_j6jp6qx wrote

We should leverage zoning changes to force non market rate units. Its totally neoliberal BS to say "well let them build anything and hope". Again doesn't mater what style company you have, you sell things to make money. Real estate is gonna build $1900 rents and $500k homes. I for one don't agree to the politics of letting them do it.

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Housing DOESNT trickle down.

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MapoTofuWithRice t1_j6jqt4u wrote

How would we leverage zoning changes to force non market rate units?

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WelcomeToTheBough t1_j6jrjyq wrote

If they want a zoning change over here for a bunch of $1900 rents, I don't give it to them unless say 30 percent are at 80 percent of income somewhere in town from them. Any idea you've given up leveraging them when you upzone everything. Again housing doesn't trickle down and finally I think its fine to say "hey we don't need rentals in an area that can flood soon".

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MapoTofuWithRice t1_j6jsu0i wrote

Cities have tried to implement that kind of requirement for more than a decade and it never works. If you attach such an onerous affordable housing requirement to a development then the developer will laugh their way to another zip code and build somewhere else.

Give this a watch if you have some time:

https://www.youtube.com/watch?v=0Flsg_mzG-M

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WelcomeToTheBough t1_j6ju1i0 wrote

ive followed the issue for a decade. I don't support no more local democracy for real estate goals. Its so funny if this is such a great idea, its not working anywhere!

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The crisis is about sub 100k people IMO. If you want an $1800 rent and can swing it , your fine. Live in Boston, live in Maine. If you have money America is fine.

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YIMBYism is a fake movement created by Peter Thiel and techies in Cali. Ive watched it spread last decade :)

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If you think its progressive to deregulate housing, you be you.

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MapoTofuWithRice t1_j6juet7 wrote

Can you show me examples of where deregulating zoning laws and aggressively densifying have failed?

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raggedtoad t1_j6k4ani wrote

Everyone who understands the macroeconomics of real estate supply and demand agrees that nationally, the housing supply in the US has been lagging behind demand badly since the financial crisis in 2007-2009.

Building more units is the only solution. The market will self correct. If there is bureaucracy and zoning red tape preventing construction, then it will prolong the pain of high rents for everyone.

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WelcomeToTheBough t1_j6k68i6 wrote

LOL the market will self correct. The market tolerates people on the streets! Again your side makes up shit about NIMBY political power. Yes the industry wants to make as much money as it can. Your sides supports catering to tech workers and other well offs.

Whats next more BMWs made in 2023 to lower used car prices?

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raggedtoad t1_j6k7fib wrote

Literally yes. Taking your car example we have just gone through a supply/demand induced price crunch, and now that supply chains are getting back to normal, automakers are lowering prices, dealerships are offering incentives again, and used car prices are plummeting.

So... Nice point?

I think you're confusing basic supply and demand economics with Reagan-esque trickle down nonsense. They are not the same.

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WelcomeToTheBough t1_j6k7zx5 wrote

its rent seeking, you can sit on empty units or airbnb them to keep prices up (they do it, google it). They aren't widgets pig they are homes. You don't care if poor and broke Mainer's suffer.

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You are literally promoting trickle down housing and you cant cite it working in a popular market like California because it doesn't work if a bunch of well off people can move in!

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raggedtoad t1_j6k9i1q wrote

What the hell is "trickle down housing"? You're talking out of your ass.

If you allow developers to build nice, new townhouses in Westbrook for all the out-of-state tech bros to move into, it will free up apartments in all the older 4-6 unit buildings and the price pressure will be reduced. It's seriously the most basic supply and demand equation you could imagine.

The only issue is if developers are knocking down older housing stock to build new, but I'm not aware of that happening en masse.

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WelcomeToTheBough t1_j6ka7h1 wrote

no it doesn't! If you still have demand (which is only growing with people moving here) the rents stay up in the "older units". Your claiming prices trickle down! Again Cali rents aren't going down. Your premise that what will be built under new up zoning beats overall demand, show me that because its bs!

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YIMBYS want it both ways

Free market extremism (build whatever basically)

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and the magic claim it backfills demand, when the market doesn't mind people in the streets or at moms house! It cares about capturing max returns and renting to poor people doesn't pay for buildings!

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raggedtoad t1_j6kihlg wrote

So if we built 200,000 units of housing in Maine overnight, just for the sake of argument, your claim is that 200,000 people would appear out of nowhere and rents would continue to climb?

C'mon, man.

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[deleted] t1_j6kkyu7 wrote

[deleted]

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raggedtoad t1_j6ku00d wrote

It's a debate strategy. I'm picking an absurd extreme to make a point, which is that reality lies somewhere between my extreme and what the person I'm arguing with is saying.

We can't have a rational debate based solely on platitudes and ideologies. I am 100% sure that more housing fixes housing shortages.

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[deleted] t1_j6kvc38 wrote

[deleted]

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raggedtoad t1_j6kwmso wrote

If you even read my comment a few spots up this thread you'd already know my stance on that.

It doesn't matter if developers build higher end new stuff (which they largely will), because it still frees up older and less desirable supply which should be renting for a lot less than it is.

If you want the Old Port to look like it did in the 1970s, enact a bunch of restrictive rent control and lower income construction requirements and wait 20 years.

The Old Port is literally the charming hipster foodie destination it is because people with money want to live there...

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Hefty_Musician2402 t1_j6kr5iy wrote

I’ve seen $1800 for a studio in Freeport. This is getting outta hand

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WelcomeToTheBough t1_j6mtpkq wrote

I here you. Again its not my ability or goal to block new housing, but I dont buy the lies. They can charge what they want. Im sick of honest people getting screwed in my home state.

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DidDunMegasploded t1_j6jb88o wrote

It's really an issue on both sides.

You have the shitty landlords, the bad apples of the barrel, who jack up rents and only care about getting as much money as they can at the cost of their tenants' living conditions, health, and well-being.

And you have the shitty tenants, also bad apples of their own barrel, who violate leases and are generally just assholes when it comes to dealing with landlords.

So I'm not really surprised at this statistic.

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Nowhere_X_Anywhere t1_j6kjxga wrote

Work with your landlords people.

A lot of folks have taken the I'm not paying back rents, or even communicating with my landlord on back rents, stance and now all the covid protections are gone.

Downvote this all you want, but the folks that are getting evicted are, by and large, folks who basically have just taken all the covid money, heating oil money, covid protects, and assumed those programs would be renewed in perpetuity, while making no/minimal effort to make the landlord, according to lease, whole.

A lot of landlords are mom and pop folks who have put a lot of sweat equity into their properties and are staring down a barrel of banks coming for their nest egg. The Maine real estate market has a lot of institutional buying pressure on it right now.

If you think a multi-state management company, or bank is going to be a better, more understanding, landlord you might as well start packing boxes now.

I don't know a single mom and pop landlord who relishes in evicting. Banks who get a multifamily on default, or hedge funds who buy that bank out of a portfolio? They are all about an ROI, points above reinvestment risk, and give zero fucks; They will see you out with the backing of a robust legal team.

If you are behind on rents talk honestly with your landlord and come up with a plan, or don't, and understand you have made your decision with eviction the result.

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Oniriggers t1_j6k8wen wrote

My landlord called it “non-renewal of my month to month lease”, I would call it evicted, especially since they only did it once they found out I complained to the city about inadequate heat. Now I’m taking him to court to get my security deposit back.

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fastIamnot t1_j6j7qv4 wrote

Perhaps if they'd stop raising rents $100/mo in a year to "keep up with market rates" this wouldn't be happening as much.

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Slmmnslmn t1_j6jr61g wrote

Ya, i wish there was a better way. Our landlord while a decent person sent our rent through the roof when the price of fuel went up. I dont know the answer, because he deserves his due. He raised it a couple times arbitrarily before fuel prices increased, then walloped us with the last increase.

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fastIamnot t1_j6jybfk wrote

Mine isn't even pay for heat or utilities. They just wanted to jump on the asshole bandwagon.

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2SticksPureRage t1_j6l22r1 wrote

It’s almost like there should be price gouging laws for rental units like we prevent Tom the tree removal expert from doing to grandma down in Florida after a hurricane.

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baxterstate t1_j6l5nro wrote

Nothing will change as long as builders are not allowed to build a 3 family on a 5000 sf lot.

There are lots of towns in Maine where you could do that if only zoning allowed it. Wherever there are stores, that’s where you could have such zoning. That would instantly increase the value of a single family sitting on a 20000 sf lot in the town center. There’s no need for a house in the town center to be sitting on such a large lot. Change the zoning, raise assessed values to reflect highest and best use, and such owners will voluntarily subdivide their lots and sell them just to lower their taxes. Builders will buy up those lots, build multi families on them and new buyers will have rental income to support their mortgages. Multi families on small lots won’t appeal to buyers of short term rental vacation type properties.

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Korathaexplorah t1_j6mbuje wrote

I got kicked out of a month to month lease because our landlord had to fix the plumbing on a 30 year old trailer. She said we were unplugging the pump. I just love to cause people financial hardships so my wife can do the dishes in the bathtub because the sink wont drain.

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