There is much discussion about the Downeaster and how to fund the train in Maine. There is also talk in the state house about a proposal from the rail authority for Maine to pick up an 8 million dollar tab. In as much as I like the idea of the train service from Boston to Portland including an additional northern rail service to Freeport and further north, I'm a tax payer who is not willing to pay that kind of ticket. I think I've taken the train to Boston twice since the service began4 + years ago. I usually take the bus to Boston's Logan airport as an alternative to driving. It's still cheaper to drive to Boston for the occasional visit to Boston's back bay or to a sporting event.
On the real estate front, there is talk in the media about how home prices rose faster than rents. Since 2000, the price of buying a home shot up faster than the cost of renting one. This large divergence illustrates an overpricing of homes that can't be sustained. "Historically there's a relationship between value of a house and equivalent rents," says Bob Walters, chief economist at Quicken Loans in Livonia, Mich. Information gathered for the real estate news is from the Christian Science Monitor 1-2-2008 article written by Mark Trumbull In 2007, 22 parcels of land in Freeport sold, far fewer than during the peak of the market several years ago.
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