Experts say the 25% tariff on steel and the threatened 25% tax on Canadian goods could increase home prices by up to 10%, undermining efforts to boost housing production and affordability.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness, Maine, News
Recreational cannabis brought in millions last year. Maine towns could finally get a cut.
The Legislature is considering 2 bills that would implement revenue sharing across the state’s recreational cannabis industry.
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Posted inBusiness, Maine, News
Why the dream of a starter home in Maine is slipping out of reach
Young people can’t find or afford houses in their communities. Families can’t move out of places they’ve outgrown. The cycle is stuck. Can it be fixed?
Posted inBusiness, Maine, News
Automakers seek to overturn Maine’s ‘right to repair’ law
The Alliance for Automotive Innovation sued Maine, claiming the state has not fulfilled its requirements under the law, making it impossible for manufacturers to comply.
Posted inBusiness, Maine, News
How can Maine fix its housing crisis? A new report has dozens of ideas
The 83-page breakdown creates a roadmap for lawmakers on incentivizing development, collecting data and assembling a workforce to build the thousands of units the state desperately needs.
Posted inBusiness, Maine, News
Maine needs more housing, fast. Two companies are turning to the assembly line.
Built in a factory, modular homes and apartments can go up quickly. Can new designs change some of the stigma?
Posted inBusiness, Maine
Maine home prices hit a new high in 2024. Don’t expect them to come down.
The median price for a Maine home reached a record $390,200 in 2024, but the year also saw sales increasing after years of declines.
Posted inBusiness, Maine, News
Maine’s highest court proposes barring justices from disciplining peers
If adopted, Superior and District Court judges would handle complaints against Supreme Judicial Court justices.
Posted inBusiness, Maine, News
Maine high court justice argues she did not act wrongly
Justice Catherine Connors said her peers on the Maine Supreme Judicial Court, not a panel of other judges, should decide whether to sanction her.
Posted inBusiness, Maine, News
Maine economic development commissioner steps down
Heather Johnson’s last day will be March 1.