This is not the first time Acadia Nat'l Park affiliated vendors have been involved in evicting long term year round residents. If I recall, an entire housing complex near Hadley Point Road was emptied when the St. Germaines sold renters' homes out from under them to Dawnland (which took over operation of Jordan Pond House from a local enterprise. )
The human wreckage of these real estate and business transactions are born by individuals and the community. As is the loss of year round small businesses. Small local entrepreneurs are put at a disadvantage to multi-business owners gobbling up real estate. It seems even worse when it is local people who own many businesses and much real estate acting as though business as usual must be governed by dog eat dog greed. It stifles the best of entrepreneurial innovation and limits opportunity.
It is wrong and impractical to consider real estate, particularly housing, as just another business run for profit making.
This is not the first time Acadia Nat'l Park affiliated vendors have been involved in evicting long term year round residents. If I recall, an entire housing complex near Hadley Point Road was emptied when the St. Germaines sold renters' homes out from under them to Dawnland (which took over operation of Jordan Pond House from a local enterprise. )
The human wreckage of these real estate and business transactions are born by individuals and the community. As is the loss of year round small businesses. Small local entrepreneurs are put at a disadvantage to multi-business owners gobbling up real estate. It seems even worse when it is local people who own many businesses and much real estate acting as though business as usual must be governed by dog eat dog greed. It stifles the best of entrepreneurial innovation and limits opportunity.
It is wrong and impractical to consider real estate, particularly housing, as just another business run for profit making.