Preview:
It was Christmas Eve of 2020 when John Egan received a notice in the mail: In 90 days, the mobile home park where he and his wife lived in Durango, Colorado, would be put up for sale.
Egan and his neighbors had already been through two prior sales of the park, Animas View, which came with rent increases, management changes and uncertainty about the park's future. But a state law passed earlier that year now gave the residents the right of first refusal to buy the park themselves.
All they needed was $14 million.
It seemed nearly impossible for the park’s 120 households, most of which were low-income. But with the help of local government...
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OK, reality check time. Resident-Owned Communities has done 300 deals since inception. There are around 44,000 mobile home parks in the U.S. If you take 300 and divide by 44,000 you get .0068 which equates to .68 of 1%. That’s nothing, right? So can we PLEASE stop hearing this same narrative about how this concept can save park residents from “evil” park buyers and bring forth unicorns and rainbows and the end of world hunger because it’s such a tiny impact that it’s not worth this much discussion.
I one time found a robin that fell out of a nest and took it to a veterinarian. It may have survived to adulthood, I don’t know. But you could hardly write an article claiming that I was the potential solution to all lost robins. That’s what this reminds me of.