Mobile Home Park News Briefing

For how many years now has the White House and FHA been talking about this topic, with basically zero success so far? The problem is that academics cannot legislate solutions to a free-market problem caused by the simple issue that Biden’s inflation has outpaced workers’ incomes. I don’t see any immediate solution other than for people to accept the need to commute farther out from urban centers. You have to remember that 60 million Americans live on 97% of the land mass and 240 million Americans are jammed into just 3%. The clear solution is for a large portion of those 240 million Americans to move out into the suburbs and exurbs where land and housing is cheaper. It’s not rocket science. Do you remember that chapter back in high school social studies in which 1800’s Americans headed out west in search of cheap land to settle on? Same concept.

Based on this writer’s arguments, every single product and service in America – which have risen a collective 20% under the Biden administration – is a part of the “economic eviction crisis”. If gas costs $4 a gallon and eggs cost $5 a dozen, that takes away money that could go against higher rents, right?

But the bigger issue – and one that nobody wants to talk about – is the simple fact that seniors may need to move to more inexpensive areas of America in retirement since they no longer need to have access to employment. These type of articles always give the narrative of the expensive urban market with lot rents approaching $1,000 per month as opposed to the rural mobile home parks in states like Arkansas, that rent for $150 per month. And that’s not fair or constructive.

The bottom line is that most seniors, as part of their downsizing in housing and costs, need to move to cheaper states and more rural areas. If they don’t want to do that, then that’s their choice. But the option is always there and if they refuse to embrace it then they shouldn’t complain.

What a laughable pile of nonsense. You cannot legislate affordable housing. It has to come from the free market. When bureaucrats pass more regulations, it just hurts more housing from being built, as opposed to helping the situation. You have to have zero common sense to think these six new laws are a step in the right direction.

Another article about a mobile home park being redeveloped into a different use. This only happens when the park does not yield as much income as alternative uses. Want to stop this from accelerating? Stop criticizing higher lot rents. That’s the only thing that can stop the redevelopment mania.

SPARTANBURG — After an anonymous buyer purchased four mobile home parks in Spartanburg County, residents are wondering what their futures hold and whether the new owner plans to fix their units.

Or if they’ll eventually be made to leave.

“Just by how they are, I feel like they might do something like that,” said Tyquan Smith, who lives in one of the parks. “You never know.”

The buyer purchased the parks for an undisclosed price, according to a news release by brokerage firm Marcus and Millichap, which listed the properties.

The parks included in the purchase are:

• Gateview mobile home park on Gateview Circle in Woodruff.
• Oasis mobile home park on Oasis Park Lane in Roebuck.
• Chelsea mobile home park on Chelsea Street in Moore.
• Spring Valley mobile home park on Jamies Creek Drive in Woodruff.

Together, the properties contain 98 mobile home lots and two single-family homes.

The sale of the properties doesn’t appear in online property records.

Sarah Grace Pugh, a public relations specialist for the brokerage firm, said in an email that she couldn’t disclose the buyer or the price but noted that “the new owner plans to continue operations as manufactured housing communities.”

The Post and Courier visited two of the parks, Oasis and Chelsea, and found that residents there received letters at the end of July from Woodruff-Moore-Roebuck LLC informing them that the company was the new owner and operator.

The LLC was organized by Tim Woodbridge, according to records from the S.C. Secretary of State’s Office. Woodbridge could not be reached for comment.

Peach County commissioners approved a moratorium on mobile home park and RV park permit requests on Aug. 13. It was a 4-1 vote. Post 5 Commissioner Wade Yoder told 13WMAZ the pause will help them draw up comprehensive regulations for mobile and RV parks. He said they hope this will better protect property owners and ensure quality living conditions.

Oh my gosh, quit lying to people! You shut down the permit process for mobile home parks because you don’t want them to move in. I will bet $5 that the sudden re-write of the “comprehensive regulations” will ensure that every parcel of land in the county cannot possible have a mobile home or RV placed on it. I saw a town once re-write the regulations to require 100’ setbacks from the front and back of the mobile home lot.

Additionally, East Hampton Town conducted an electrical report between the mid-July outage and the Aug. 7 meeting that was then presented to R.H.P. Properties.“There were several code violations present which are contributing to the heating and overloading condition that currently exists,” the report stated, concluding that certain systems are “not properly wired, not properly grounded, and overloaded.” In the end, it recommended replacing the electrical distribution network and restricting “use of certain appliances” in individual homes, which place a greater load on the network.“Upon being notified of the power outages at the Oakview Manufactured Home Park, the town contacted the property owner and retained an electrical underwriter to investigate the situation with the fire marshal,” the town said in a statement. “With power now restored the town is engaging with park management to permanently resolve the issues recently faced by the residents.”

Ouch. These residents are making a terrible mistake. My first park also had a master-metered electric system and when it failed the reason was that residents had snuck all kinds of window air-conditioners and other items into their units and overloaded the amps the park’s system could handle. I guess they don’t realize that the only way to permanently fix these occasional outages is going to fall on the tenants for all types of illegal electrical work they have done on their personal homes. They’ll find out soon enough.

STUPIDITY LEVEL: HIGH

“Neither Barrel Consulting Group or the property owner responded to a request for comment regarding whether expansion plans had changed and why an extension was not requested.”

They probably withdrew the plans because they knew the city was hostile to the idea and there was no point in continuing on. I have personally appeared at many zoning meetings to expand parks and nearly had people throwing tomatoes at me. I don’t blame them for pulling out, if I’m correct. Cities hate mobile home parks, plain and simple.

STUPIDITY LEVEL: LOW

Give me a break. I’m betting the amusement park did not need “overflow parking”. They needed the park town down because it scared their customers and hurt their property value. 

STUPIDITY LEVEL: MEDIUM

Median home sale prices in New Hampshire recently hit $500,000 and rental vacancy rates remain below 1 percent statewide. With this landscape, they fear they have nowhere else to go. Meanwhile, McGahey said he has no choice but to walk away. “He’s holding me hostage here because I cannot sell my house and I have to get out of here,” McGahey said. “I never thought I’d be in this kind of predicament where I’m just going to turn the house back over to the bank. I just can’t do it. The stress alone is enough to drive anybody crazy.”

Well, obviously this woke writer didn’t take debate in high school – his opening statement negates his theory, rather than support it. If this mobile home owner is in a market with $500,000 homes and less than 1% housing vcancy then how exactly can he fail to sell his mobile home for $80,000? Clearly, he probably never ran an ad, answered the phone, or endeavored to sell it at all. The worst salesman in the world could have sold that home in a week, but you have to put in at least 1% effort.

And, using this same preamble, it’s very clear that mobile home park lot rents are going to go up exponentially over time as they are a tiny fraction of local apartment and stick-built housing prices.

I thought that people in New Hampshire were smarter than this – they don’t deserve this writer.

STUPIDITY LEVEL: HIGH

After having their offer to buy Carlton Mobile Home Park accepted about a week ago, Habitat for Humanity and the Piedmont Housing Alliance had dinner with the residents to celebrate and discuss the next steps."We are working on how to begin the engagement process as we proceed with redevelopment. We committed to keeping the mobile home park as it is for three years, giving the residents time to prepare, engage with us, and address any of their needs. So, we’re going through that timeline with them to discuss the next steps," said Alicia García, Piedmont Housing Alliance's Director of Real Estate Development.

OK, let me translate this for the residents of Calton Mobile Home Park: “Habitat is probably going to tear your park down and build apartments on the land so you have three years to find a park wth a vacant lot and get the heck out of there. Here’s a clue. Stand in your yard and spin once around and tell me what you see. Brand new apartments, right? That’s your future in three years. They just need the 36 months to get their plans approved quietly with the city fathers. Non-profits are some of the most evil people on earth, not the nicest. They think they are smarter than you and want to force their will upon you.”

STUPIDITY LEVEL: MEDIUM

In Texas you could fill a mobile home park back to 100% capacity in six months, but in Oregon – with endless regulatory red tape – it takes four years? I love the way that blue states like Oregon are always talking about the need for affordable housing, yet they throw up every regulatory roadblock possible to housing of all categories. What a bunch of idiots.

STUPIDITY LEVEL: HIGH

"The first year to 18 months, we expect to do 12 houses a year," Firnhaber said. "And then we want to double that after about two years."The factory — a partnership with Habitat for Humanity — is meant to boost access to homeownership.“If we were to sell these on the free market in Boulder, they'd be million-dollar homes. And they'll be sold for, depending on the household, between $280,000 and $380,000,” Firnhaber said.“We're actually pricing them at a level which they can afford,” he said. It’s a big investment — the factory alone cost $11 million. Still, it’s cheaper to build homes this way, which is why policy analysts like the Urban Institute's Daniel Pang see these facilities as a tool to address the affordable-housing crisis. “You can sort of wholesale buy a lot of the material that you need to build these homes and property, and you have a sort of standardized, almost like a car creation line, where a lot of the parts are very similar in all the different builds. ... [It] definitely makes the cost a lot lower,” Pang said.

They should nominate this concept for the Academy Awards of Stupid. Sorry Habitat for Humanity, but mobile home manufacturing already exists in the for-profit world and the average U.S. factory makes 7 homes a day. You’re going to spend $11 million to build a factory that makes 12 houses per year?  On top of that, your mobile homes are going to cost $280,000 to $380,000 each when the regular factories produce them for around $80,000. Can you get any dumber?

Of course, we all suspect what’s really going on here. Somewhere out there is probably a well-connected friend of a Board Member who owns the land they’re building this factory on, and another one that sells lumber for mobile home manufacturing. That’s the normal non-profit story if you dig deep enough. Situations this stupid always seem to tie back to self-dealing. I mean, there’s no way that adults can act this dumb unless there’s money in it, right?

STUPIDITY LEVEL: INSANELY HIGH

“My intention in doing this tonight is to make sure there will never be another mobile home park.”

At least this city is honest about it. It’s what all cities think but few will admit.

In the years since Legacy Communities took over the park, some current residents have reported a collective 24% increase. 

This article is lacking in granular detail, but just this one sentence makes it stupid. Since Biden took office inflation has increased the cost all goods and services by over 20%. If the rent has gone up only 24% it’s completely in-line with every other expense that Americans face today. Unhappy about it? Blame the Biden administration, not the park owners.

Alternatively, new park owners could decide to redevelop the nine-acre property to a type of housing with a higher resale value in an effort to recoup their investment, forcing residents to relocate or abandon their homes. A 1,600 square-foot single family home a block away from the park is currently listed for $949,000.

That pretty much tells the whole story. If you were paying $200,000 a lot for this park, and homes sell for $949,000 for similar square footage down the street, this park is certainly going to be redeveloped as soon as the permit can be obtained for demolition. There is no way the tenants can match this offer – it is not supported by existing cash-flow but only development land value – and it’s a waste of time to pretend that they can.

This Park is located in Belmont, New Hampshire. The average house there is $365,000. The average apartment rent is $1,760 per month. And you’re telling me that $1,000 per month lot rent is too high? The reason this resident can’t sell their home is probably because they overpaid for it to begin with. All over America the average homeowner is upside down on their mortgage thanks to Jerome Powell and his 40-year-high Fed funds rate. That’s not the park owner’s fault.

In 30 years, I have never heard of anyone claiming that RV air-conditioning is so poor that residents die from it. The reason that people are dying in Arizona RVs is probably because either their air-conditioning is broken or they’re keeping the temperatures set too high. This is like blaming automobile manufacturers for DUI deaths. It’s called personal accountability.

The Edwardsville, Illinois market is a great one – one of the best in the state – and I’m glad the new owner was able to get this deal worked out. It was smart of the city to recognize the opportunity to get this community restored to its former glory.

The residents of Southern Hills/Northridge Place mobile home park became concerned after they say they found out the property under their homes had been sold without their knowledge, 

If there is no legal requirement to notify the residents of the ownership change, then why is this article even relevant? In today’s world the media and residents have little to no appreciation for the realities of business and investment and their only interest in knowing of any ownership change is to try to block it or harass the current owner. It’s a sad commentary, but let’s be honest: the new woke America has every business suspicious of motives and has made everyone a little less transparent for their own protection.

In 2024, Havenpark plans to invest $27.6 million in its communities to improve infrastructure, add state-of-the-art community amenities, landscaping, enhanced curbside appeal, and new signage. Havenpark also plans to add more than 200 high-quality, affordable homes across its community portfolio.

I hope that the woke journalists that write about how “big out-of-state owners are ruining the mobile home parks they buy” are reading this article. It’s owners like Havenpark that are bringing old mobile home parks back to life and saving this form of affordable housing from the wrecking ball to the benefit of the millions of Americans that need it.

Same old story: no city in America wants new mobile home parks to be built there (not even in Alaska). And, as always, another week has passed without one person giving me the name and address of a single new park having been built anywhere in the U.S. 

Spending $23 million to build 47 apartments in an old school building on the bad side of town is one of those non-profit projects that only somebody with zero common sense or business experience would love. I mean, that works out to around $489,000 per apartment. You could literally move those 47 families to Arkansas, buy them nice brick homes with yards on the good side of town, give them the houses free and clear of any mortgage, and have around $16 million left over. What a bunch of idiots.

All the insurance companies will ultimately leave Florida unless they can make a profit there. The state would be smart to immediately pass some type of law in which the state guarantees profitability for any insurance company crazy enough to underwrite policies in Florida. Instead, Florida keeps heaping on new laws that only end up with more litigation and liability claims, which accelerates the end of insurance in that state.

Ron DeSantis has done a terrible job on this topic, happily signing into law such bad ideas as the “$100,000 per condo regulatory safety surcharge” as well as a new law that gives mobile home residents the ability to force mediation for raising rents even $1. What happened to that guy?

If spending $369,500 to live in this mobile home in Maine is on your bucket list, then you need to expand your horizons. You can get the same thing for $36,950 in Missouri with the same scenery and better weather.