Pandemic-fueled real estate boom threatens property tax hikes as much as 30% for Maine homeowners

Source: Press Herald — 

Diane Romano shocked South Portland residents recently when she told the City Council that she might sell her plasma to cover an impending 10 to 30 percent property tax increase predicted by municipal officials.

Romano and her husband, Dan, live in the desirable Willard Beach area, which is at the center of statewide unrest over ongoing property revaluations and rising tax assessments amid a pandemic-driven homebuying boom.