Preview:
In 2011, it was chance that took Marjory Gilsrud and her husband, Mike, to a home in the Madelia Mobile Village Cooperative. But it’s choice that has kept them in the resident-owned mobile home park in rural Minnesota.
Before her move to Madelia Mobile Village, the Gilsruds lived in a private mobile home park that got sold to an investment firm. Rent started rising while the home was in a terrible state of disrepair.
“We were paying $450 a month by the end,” Gilsrud told the Daily Yonder. “And the rents were increasing every six months like clockwork.”
The Madelia cooperative, located in the town of Madelia in Watonwan County, Minnesota,...
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“We’ve increased lot rent only once in the last four years,” said Gilsrud. “And that was by $6.”
Common Sense Perspective: Inflation under Biden has gone up a cumulative 20%. Rents in this park are around $500 per month. They should have gone up $100 per month just to cover the increase in the park’s operating costs but instead the residents have voted to increase them only $6. Clearly the residents are on a financial suicide mission as they refuse to raise rents in keeping with inflation and will soon not be able to handle the capital needs of keeping the park running, leading to a special assessment that few in the park will be able to afford. That “$6 rent increase” quote is asinine, not something to be proud of.

