MAINE SUNDAY TELEGRAM • May 15, 2022
“Fire-induced storms” are a terrifying phenomenon of the massive wildfires that have been sweeping through Western forests in recent years. We recently got a look at a similar phenomenon that is threatening to burn up Maine’s already-overheated affordable housing market. High rents lead to speculative investment, leading to even higher rents. Like a wildfire, this broken market perpetuates itself. And, in the process, families are losing their homes.