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Every year, and with every new owner, Lorena Vargas would receive notice of a rent increase for the land her manufactured home sat on. She and her neighbors in the Aspen Basalt Mobile Home Park in Colorado never knew in advance how much the hike would be or why.
Home never felt stable.
“It’s a false sense of security, because even if your mobile home is paid off, you still have this continuous lot rent that could increase,” said 34-year-old Vargas, who has lived in the community for 13 years with her husband and their two children. “So it makes you hesitant to invest in improvements in your home…it’s hard to take pride in something that’s...
Read MoreOur thoughts on this story:
It all sounds good on paper – the residents have a non-profit buy the park instead of the “evil” landlord. Mamdani would love it. But then the reality sets in. The lot rents go up just as fast or faster. The tenant-managers can’t bear to collect rent or enforce the rules, so the quality of life goes down the tubes. And then the loan comes due a few years later – or goes into default earlier – and the non-profit throws in the towel and/or sells the land and the park gets demolished. Not convinced? Read this article: https://www.canoncitydailyrecord.com/2025/04/10/fremont-county-receives-foreclosures-notices-of-four-mobile-home-parks-in-canon-city/

