“Residents are concerned about increasing rents”

Isn’t everyone concerned about increasing prices on everything? What’s the point of the article? Well, we all know that it’s an attempt to persuade society that capitalism is evil and should be abolished. One of the comments on the article was more honest:

“let people have shelter”

It’s called the “Free Rent Movement” and it wants all shelter to be provided to all Americans for free. The advocates of this cause don’t believe it’s enough that the U.S. taxpayers already provide nearly free housing to around 5 million people through the Section 8 program – they want everyone to get it for free.

It’s interesting to note that there is a similar movement going on in healthcare, which wants socialized medicine, just like in England.

Society will have to sort out this battle between capitalism and socialism. Mobile home park owners are simply being used for practice by socialists as they perfect their battle cry. Apartment and single-family landlords will be the next targets.

We all know that “Rent Stabilization Ordinance” is short for “Socialism Reform” the same way that a “sanitation engineer” is just a “garbage man”. You don’t need “stabilization” in rents under the tenets of the free market system. You only use price controls under socialism. Let’s all just be honest about this stuff and admit it’s socialism, nothing more. Why bother to hide it in semantics?

One Ponderosa resident told commissioners she fears being forced out if rents rise as development proceeds around the community.

It doesn’t take a rocket scientist to see that the mobile home park is clearly not the highest and best use for this property. Clearly, anyone can see that, right? How can you think that a mobile home park on just one level can equate to the value of multi-story housing options that charge rents five times larger per month?

Since Westbrook put the property up for sale over two years ago, some residents have since moved, but most of the roughly 700 residents couldn’t afford to. Emidia Roblero, a WakeMed housekeeper, said they likely couldn’t afford to live in Wake County — much less Cary, where the average rent is $2,100 a month, according to Zillow. Residents pay $400 a month for a plot on Chatham Estates.

Since the very first issue of this weekly news review and discussion I have used the simple formula that sums up all of these types of articles: LOW LOT RENTS = REDEVELOPMENT. Why would anyone think that when apartments rent for $2,100 per month you would keep a mobile home park going for $400 a month and NOT SIMPLY REDEVELOP INTO APARTMENTS FOR $2,100 PER MONTH? Imagine a farmer that can either grow a crop that nets $1,000 per acre or one that nets $10,000 per acre – which would he choose to plant?

And, as always, another park bites the dust.

Prieto, who works at an auto body shop, and Ibarra, who works at Walmart and is also a cleaner, could no longer afford an apartment in the area, but the couple was lucky enough to secure a spot at a mobile home park in Redwood City. But that’s when other problems started to arise. The couple settled on something within their budget, but unlike manufactured homes, RVs and trailers are often financed like car loans, yielding much higher interest rates than traditional home loans. Even with decent credit, the couple ended up with a 27% interest rate.

I’m guessing the real reason this couple is paying 27% interest is that they fall into the credit grouping known as “subprime” with a credit score of 500 to 600. How do I know? Here’s what Google says about car loans (which has even lower interest rates than RVs):

Typical Rate Ranges by Credit Score (Approximate): 

• Superprime (780+): New car: ~4.9-5.1%; Used car: ~7.4-7.5%
• Prime (660-780): New car: ~6.5%; Used car: ~9.7%
• Nonprime (600-660): New car: ~9.8-10%; Used car: ~14.1%
• Subprime (500-600): New car: ~13-13.3%; Used car: ~19% 

Whoever wrote this article knows nothing about credit and interest rates and is trying to build a case that doesn’t exist, namely that – once again – capitalism is evil and takes advantage of everyone.

New Jersey is a democrat “trifecta” state so I’m sure this legislation will pass. However, before everyone breaks out the bubbly at the local socialism club, remember that codifying that tenants have the first option to buy their parks is kind of like putting into law that airline passengers have first option to buy their plane before it takes off – it never happens. I don’t know the national rate of success for these “tenant purchases of parks” but it has to be similar to the Chief’s odds of winning this year’s Superbowl.

And another park bites the dust.

And another park bites the dust.

And another park bites the dust.

Unlike New Jersey, Wyoming is trifecta Republican and this misguided – but weekly – media push for rent control there is moronic. This writer has been to too many Bernie Sanders rallies apparently.

And another park bites the dust.

“I just know what they are doing is wrong,” he said. “People with money pushing around people that didn’t have money.”

Since New Mexico has no rent control – and the new rent is more than justified by market forces – it would appear that all this is really about is simply socialism vs. capitalism. The owner thought he was buying a park in a capitalist country but apparently it must have been secretly moved to China overnight when nobody was looking. Unless Bernie Sanders can get appointed as the judge in New Mexico, this case has little hope of going well for the free-legal-aid attorney, but the client should have known that you get what you pay for.

And another park bites the dust.

Less than a year ago, Li’l Abner Mobile Home Park in Sweetwater was home to nearly 900 families, many of them immigrants, retirees, and low-income workers. Today, its streets are silent, its trailers marked with red crosses and eviction notices. The land’s owner, Consolidated Real Estate Investments (CREI), is redeveloping the site into a mixed-use project touted as “affordable and workforce housing.” Yet the new rents-more than $2,000 for a one-bedroom-well exceed the grasp of residents who once paid $700 to $1,200 a month for their lot space. If I live as a retiree with $1,200 and the rent is $2,000 or $3,000, that’s not affordable, said Mario Leiva, a former resident.

Maybe someone should send this quote to all the states with – or considering – rent control. When you enter into rent control, you set in motion the demolition of mobile home parks like Lil’ Abner.

And another park bites the dust.

Yup, that’s what I’ve been writing about for years now: rent control = park demolition. It’s not rocket science.

The city of Bell owns both of the mobile home parks, which house about 300 families. The plan aimed to redevelop the land into new affordable housing, seniors homes, retail, restaurants and entertainment spaces

Another park bites the dust – times two. And this time at the hands of a city government.

“There wasn’t real data to support any of the changes,” Commission Chair Ruben Navarro told San José Spotlight

Come on, this is California – since when do they need any actual facts to support socialism? All these idiots are doing is setting in motion the redevelopment of all these parks in San Jose. Land brokers are with those owners right now discussion options. What a bunch of morons.

And another park bites the dust – at the hands of a non-profit developer, no less. Plenty of gaslighting, of course, that it’s for the tenants’ own good.

“Mr. Oakland, this is not a tough demand. Meet with your tenants,” said Morrison, Bozeman’s mayor-elect. “Eyes are on this fight. The city is watching this, the county is watching this, and the state of Montana is watching what happens in King Arthur Park.”

How ridiculous all of this gaslighting is. The owner wants to sell the park. That’s his legal right. The tenants don’t want a new owner as their current rent is too low and they know a more professional owner will raise rents to market levels. The town mayor wants free publicity. You put all this in a blender and your get this article with its ridiculous call for attention to … something nobody cares about.

In the past, manufactured home communities were largely “mom-and-pop” enterprises. Though they were still subjected to abusive practices, tenants usually knew their landlords and saw them often, and rents were much more stable.

More gaslighting to distract from the actual issue, which is simply that mobile home park residents want the government to stop new owners from being able to raise rents. It’s called socialism.

CASPER — When Lynette Grant woke up in late October to a notice detailing a 56% jump in rent taped to the door of her mobile home, it didn’t take long to start questioning why the increase was so drastic — and how it was even allowed. Grant worried what the surge from $400 to $625 …

More gaslighting. In Casper, Wyoming the average SF home is $256,000 and, as a result, clearly $625 lot rent is a joke. But the writer wants you to focus only on the percentage of increase and NOT the actual dollar amount. Based on this same logic they should immediately file an injunction on McDonald’s because the McChicken went from $1 to $3 – that’s a 300% increase by comparison yet … it’s ridiculously cheap, too.

Patty Totty, who has rented a home there for over 20 years, told neighbors she wants to leave but is having trouble finding another rental that meets her needs.

Doesn’t this remind you of the person who eats their entire steak and then tells the restaurant manager that they want a refund because it wasn’t any good? Apparently, the tenants hate the park so much … that they refuse to leave. More gaslighting.

Residents of Fairfax County’s manufactured home communities pressed county leaders yesterday (Tuesday) to do more to protect the properties from redevelopment and those who live there from displacement.

Mobile home parks are not a very high use of land. The rents are low and there’s only one-story, as opposed to apartments which are three stories high and have rents three times bigger. The law says that a park owner can sell their property any time they want for redevelopment. When you stand in opposition to property rights, you are advocating socialism, nothing more. You can’t sugarcoat it.

And another park bites the dust.