Issue link: https://nebusinessmedia.uberflip.com/i/1466261
V O L . X X V I I I N O. I X M AY 2 , 2 0 2 2 4 PUBLISHER Peter Stanton ASSOCIATE PUBLISHER Andrea Tetzlaff EDITOR Peter Van Allen DIGITAL EDITOR William Hall SENIOR WRITERS Renee Cordes, Laurie Schreiber STAFF WRITER Jessica Hall CONTRIBUTING WRITERS Mark Jeanneret, Carrie Yardley RESEARCH DIRECTOR Timothy Doyle RESEARCH ASSISTANT Heide Martin ART DIRECTOR Matt Selva HOSPITALITY EMERITUS Zoey A division of New England Business Media LLC C E O / GROUP PUBLISHER Peter Stanton P R E S I D E N T Tom Curtin C F O / C O O Mary Rogers DIGITAL DIRECTOR Jan Holder SENIOR ACCOUNT MANAGERS Ken Hanson, Betsy VanderPloeg ACCOUNT MANAGER Kerry Rasor MARKETING/OPERATIONS DIRECTOR Alison Nason OPERATIONS COORDINATOR Allison Spies DIRECTOR OF AUDIENCE DEVELOPMENT Valerie Clark C O N T E N T S Maine's growing housing crunch Cash buyers, short-term rentals and rising home prices are shutting Mainers out 16 R E A L E S TAT E / C O N S T R U C T I O N / E N G I N E E R I N G F O C U S I N D U S T R Y T H U M B N A I L O N PA G E 1 5 ยป We make great ideas happen! Whether you are presenting to a small group or need to convey your message to the masses, we have the solution. We offer the following services: Videography Legal Videography Video/Audio Production & Editing PowerPoint & Graphic Design Transfer & Duplications headlightav.com / 207.518.6425 MEDIA SOLUTIONS 16 Single-family market is a wild ride 18 Number of building permits issues highest since 2007 18 Construction costs rise across the board 20 Multifamily housing market remains heated 21 From Augusta to Auburn, policymakers lay groundwork for more affordable housing 23 Demand for affordable housing continues to grow 24 The Green New Deal and Portland's dilemma 27 Amid housing shortage, the 'Airbnb effect' stirs debate 30 Small town efforts and tiny home options 32 Solutions: We asked Maine leaders for one idea to remedy the housing shortage F I L E P H O T O / T I M G R E E N WAY F I L E P H O T O / F R E D F I E L D P H O T O / J I M N E U G E R 30 24 23 Developers Chris Rhoades, left, and Drew Pearson, in Portland. Rebecca Hatfield of Avesta Housing Corinne Watson, CEO of Tiny Homes of Maine in Houlton