Preview:
I am not a private investor in a manufactured housing community in New Hampshire. I am a widowed, very retired senior on a fixed income living in a manufactured housing community in New Hampshire.
I am not disputing the market value of my home. Our homes were re-assessed right along side the other homes in our town. The value increase was previous to the investor’s purchase.
We attempted to become a resident owned community (ROC) but our matching offer was rejected.
I was our board president and our members were all in on the “estimated” monthly fee in our Park of $1,000, understanding that WE would have control of the future of...
Read MoreOur thoughts on this story:


The new investment owner has implemented a future rent for new buyers as $1,285 per month. That does not cover mortgage, taxes, insurance, monthly ground upkeep, plowing and utilities.
Reality check. The single-family home in this market in New Hampshire averages $293,100 and the average three-bedroom apartment is $1,830 per month.
This guy better hang on to that mobile home, because he’s never going to find housing that cheap again. If he can’t afford it, then move to a cheaper city and make way for a younger person with a real job and who will appreciate the opportunity.