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Economy

“The Wealthy Are Bringing Big Money and Luxurious Lodges to Maine’s Lakes”

““On a clear day, you can see the top of Mount Washington,” says Joanne Ricciardiello, peering through a curtain of towering oak and pine trees that surrounds her newly built, roughly 4,300-square-foot home on Maine’s Sebago Lake. 

She walks down a gravel path to the dock, where a 25-foot Sea Hunt and a sailboat named “Jazzy” are moored. Two ducks bob nearby, and waves lap the craggy beach as a motorboat passes, leaving white froth in its wake…”

https://www.wsj.com/real-estate/luxury-homes/maine-lakes-region-6d1fc1c5

Let me say this. I don’t like articles that give a case by case basis. Showing 3 to 5 examples is not proof of a trend. Show some hard numbers. Statistics and averages. That’s what I want to know. If the article is true the biggest question is why are the wealthy going there? What is the reason for the uptick. Even though I can’t see the entire article I highly doubt these questions were answered. Case by case basis articles rarely show any type of proof or evidence at leave from what I’ve seen / read.

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