The news that would upend Griselda Cano’s life came casually.
The same letter was tacked to every homeowner’s door that balmy September day. Its message, packed with legal jargon, spread quickly: The owner of their Clearwater mobile home park had new plans for the land.
In six months, they would be evicted.
“One never imagines such a thing,” said Cano, 34, in Spanish. “It’s such a big place, with so many families.”
But what was unfolding at Capri Mobile Home Park has become a familiar story.
When land for development is scarce and a housing market is hot, mobile home parks are particularly vulnerable to closures, housing experts say. Over... Read More
Our thoughts on this story:
This is an EXCELLENT article – fair and unbiased and based on fact. And the problem is best described in one quote from the article on what the residents of the park found when they had to find a new place to live as the park was being redeveloped: the “rent was often double, or even triple, the $850 a month they paid for their lot”.
In ALL of these type of stories – and there are several every week – the reason the park shut down was that you can build apartments on that land, stack them two or three high, and rent them for $1,850 per month per unit (that’s the price that the apartments that just went up on another nearby park are priced at). So what landlord needs a mobile home park for $850 per month in lot rent when you can get nearly $6,000 per month for that same spot of land?
Of course, the only difference is that the park already exists and you have to build the apartment building which costs capital. But the moral needs to be that all these residents and media advocates – and the idiotic politicians that pander to them – need to be chasing after park owners begging them to raise their rents high enough to not be tempted to tear the park down and put up apartments. It’s not rocket science.