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Ok-Glass7272 t1_ix03fhe wrote

Reply to comment by brymandog in Vermont Native by brymandog

You have my condolences. This is happening everywhere. In one day I had a friend of mine say her friend that was living in a condo-ed building (four story mostly 2 bedroom units) and that her lease was coming up. Investors have been buying condos for rental income all over this area. My friend's friend said that her unit just sold and the new owner was doubling the rent. That same day a realtor friend of mine stopped in, elated, as she had recently sold several properties, including the same unit. My friend's friend, the renter, said she will probably have to stay as there are waiting lists on every rental property in our community. On top of that - I live in a very vibrant town on the NH seacoast but am originally from VT - our restaurants and retail shops, which are popular, can't find workers. Why? Because they can't afford to live anywhere near our town. This situation, like yours, is not sustainable.

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