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Forbes: Building 3D-Printed + Mass Manufactured Homes Is 50% Faster, Produces 99% Less Waste, And Can Be 80% Automated

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The world needs two billion new homes in the next 80 years, the World Economic Forum said in 2018. The United States needs 3.8 million additional new homes just to meet existing consumer demand, Realtor.com estimated in 2020. And yet, with perhaps 600,000 people homeless in the U.S. and 40 million people living in poverty in the richest country on Earth, it isn’t just about quantity.

It’s also about price.

And, price to the planet. Construction is already the source of 40% of our carbon footprint globally. How do we house people effectively, efficiently, cost-effectively, and in a planet-friendly way?

According to innovative housing...

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Our thoughts on this story:

3D printed homes is a very interesting technology and I have no doubt it will one day be a big part of the U.S. housing market. But to get there you have to change a lot of ordinances and the Uniform Building Code. You also have to get the cost lower than $300,000 for a 1,500 sq. ft. house with 3D printing. I have seen articles on 3D printing in Europe that is really, really inexpensive. Don’t look at it as a cool way to build a beach house but instead find ways to create affordable housing with it and you’d have a winner.

Yakima Herald-Republic: At the mercy of the market: Yakima trailer park residents feeling the pain of higher rent

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Dora Flores pulls into a parking spot in front of her trailer house after picking up her grandchildren from school. The two boys run inside, splashing through a couple of small potholes. Flores takes a look at her home of almost 10 years and feels only concern. By the end of next month, she says, she may not have a home at all. 

Over the last year, Flores and her neighbors at Valley Community, a small trailer park in Yakima on the corner of Fruitvale Boulevard and North 16th Avenue, have faced steep rent increases, a new monthly water usage cap and now have to pay the city for garbage collection themselves. Residents have struggled to...

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Our thoughts on this story:

The rent was $350 per month and now it’s $600 under the new owner. The park is in Yakima, WA and the average single family home is $290,300 and the average apartment is $1,435 per month. Any sane person would say “looks like the rent at $600 per month is too low”.

WGCU: Residents of Bonita Springs RV and mobile home park chased away as new owner takes over

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Finding a site to place an RV or camper at this time of year in Southwest Florida has always been a struggle. Add to that the number of RV and mobile home parks that were decimated by Hurricane Ian and the result is those that remain are packed.

Not so in Bonita Springs.

Gulf Coast Camping Resort right now looks like it’s in the throes of the summer doldrums and not the height of tourist season in Southwest Florida.

Noticeably absent are people tooling around on golf carts, walking dogs, or sitting outside enjoying the pleasant winter weather.

These days there’s only a handful of renters left at the once-bustling RV and mobile home...

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Our thoughts on this story:

A guy bought an old RV park for $5 million. His intention would appear to be to develop it into a different use. The residents don’t want to leave even though he has terminated all leases and told them to be out by 1/1/2023. Looks like he followed all of the laws and the tenants are trespassing and are violating his property rights – not the other way around.

Seeking Alpha: Manufactured Housing: Recession-Resistant REITs

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Summary
  • Manufactured Housing REITs snapped an incredible streak of nine straight years of outperformance over the REIT Index in 2022, impacted by headwinds from higher interest rates and hurricane-related disruptions.
  • Despite their REIT-leading growth rates, Manufactured Housing ("MH") REITs have historically been among the most interest rate-sensitive sectors due to their counter-cyclical demand profile and remarkable operational consistency.
  • While rent growth has moderated from record-high levels across other residential property types, MH revenue growth is poised to accelerate in 2023, driven by their under-appreciated...
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Our thoughts on this story:

Mobile home parks are the best sector in U.S. real estate. Couldn’t agree more. Great stats in this article. One of the few good ones in a sea of woke idiocy.

The Sonoma Index-Tribune: Mobile homes bolster Sonoma’s affordable housing stock

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When Moon Valley Residential Community lowered the age restrictions for mobile home residents from 55+ in 2009, Robert Caldwell became one of the first of a younger generation to benefit from the affordable home model.

When the Index-Tribune met Caldwell, he was putting away Christmas decorations from his double-wide manufactured home that he bought for $35,000 in 2010. He was jolly talking about the appreciation of his home after his neighbor sold their unit for upward of $100,000.

“For one, it’s cheaper than buying a home, because that’s gotten just ridiculous,” Caldwell said. “I think in the past, if you lived in a mobile park you...

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Our thoughts on this story:

The first part of the article was fine but then this typical California journalist promoted the concept that greater bureaucracy is the key to affordable housing. Isn’t California where city and state government tried to build new affordable housing units recently at $600,000 each? Why not let the free market do its thing and you could have affordable housing that does not rely on subsidies.

Maryland Coast Dispatch: Site Plan Approved For Mobile Home Park Expansion

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SNOW HILL– Plans for the expansion of a West Ocean City mobile home park moved ahead last week following approval by county officials.

The Worcester County Planning Commission last Thursday voted unanimously to approve a site plan for Salt Life Park. The project consists of a 34-lot expansion of an existing manufactured home park on Old Bridge Road.

“It’s really a nice continuation of the old park,” attorney Hugh Cropper said.

Cropper told the commission his client, Mark Odachowski, had purchased the existing park and started working to improve it. The 34-lot expansion is part of that improvement effort.

“It was really an eyesore,”...

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Our thoughts on this story:

This is exactly the way to get a park expansion approved – tie the expansion into an overall improvement in the original park. Then the trade off for the neighbors is that they can have a smaller but ugly property, or a slightly larger one that is not embarrassing to live nearby.

South Congaree landlord arrested for renting mobile home without a business license: South Congaree landlord arrested for renting mobile home without a business license

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SOUTH CONGAREE, S.C. (WIS) - A scrutinized South Congaree landlord was arrested on Tuesday for allegedly renting out a mobile home in a park that’s closing in two months.

Landlord Naomi Halter faces the misdemeanor charge of operating without a business license.

Tuesday morning a Lexington County judge granted her a personal recognizance bond, allowing her to await her court dates outside of jail without putting down any money.

The Town of South Congaree pulled her business licenses last August and her appeal failed in November.

In denying the appeal, the South Congaree Town Council triggered an ordinance-mandated eviction process for the...

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Our thoughts on this story:

The city takes the park owner’s license away because her properties are a “drain on city resources” (translation: those kids in the park are costing $8,000 per year in tuition each) and then have her arrested when she is kind enough to rent a vacant home to a guy and his mother who need a cheap place to live. She needs a good attorney and then should sue the heck out of these bureaucrats – maybe personally and not just in their city capacity. Sure, the homes could be nicer and there’s no excuse for a leaking sewer connection from a home, but I see nothing in this video that would suggest anything that has occurred is in any way appropriate or proportional.

NBC 2: Lee County mobile home community still without water & electricity after Ian, 1,500 displaced residents awaiting answers

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LEE COUNTY, Fla. — Since Hurricane Ian, the Indian Creek RV Resort and Manufactured Home Community in Lee County still has zero water and zero electricity access in the park. 

“We moved here two weeks before Hurricane Ian and now we can’t move back in,” said resident Mike Jablonski. 

The park, according to residents, houses about 1,500 lots that were mostly full before the hurricane. 

“That’s 1,500 people now displaced,” said resident Clara Maggio.

The people in the park own their homes or RVs for the most part, but lease the lots at the park located on San Carlos Blvd, just over three miles from Fort Myers Beach. 

“That means they (Sun...

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Our thoughts on this story:

And this is why you don’t want to buy a mobile home park in a hurricane zone …..

News 5 Cleveland: Retirement communities' fears over rising rent prompts letter from senator

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STARK COUNTY, Ohio — Neighbors in several Northeast Ohio retirement communities are grappling with drastic rent hikes after a company took over properties in Navarre and Elyria. The seniors, many of whom are living on fixed incomes, worry how they’ll afford to stay in their homes.

News 5 stories highlighting the concerns are now being cited by Congress in a demand for answers.

Monday, U.S. Senator Sherrod Brown issued a letter to Legacy Communities, LLC about the steep rent hikes at Navarre Village and Twin Lakes. He also sent one to the Federal Home Loan Mortgage Corporation, better known as Freddie Mac, requesting a review of its...

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Our thoughts on this story:

Let me get this straight. The residents are mad because the new owner doubled lot rents for NEW residents moving in only but NOT for the existing residents. They claim this makes their existing homes harder to sell with the higher lot rent a new owner would have to pay. Perhaps the Senator would like to cover the rent differential if he feels that strongly about this ridiculous complaint. The residents could just pay the old rent and the Senator should pay the increase, right? If not, then he needs to shut up because he’s making a fool of himself.

Texas Public Radio: Mobile home residents buy their park, protecting themselves from eviction

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JUANA SUMMERS, HOST:

Private investors have been buying up mobile home parks across the country, threatening to raise fees or close the parks altogether. From member station WBUR in Boston, reporter Simon Rios takes us to a community near Cape Cod where residents decided to fight back.

BOB COSTA: How's everything going?

UNIDENTIFIED PERSON #1: Good.

COSTA: Good - good to see you. How's it been?

SIMON RIOS, BYLINE: Bob Costa is like an unofficial mayor of Royal Crest Mobile Home Park in Wareham. On a recent afternoon, he walked through the park, saluting everyone he saw with a big smile.

UNIDENTIFIED PERSON #1: It's all right.

COSTA: You...

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Our thoughts on this story:

Another rehash of the residents in MA spending $80,000 per lot of a non-profit’s money to keep a professional owner from bringing their old park back to life to show them who’s boss

WBUR: Big investors are buying mobile home parks — and upending the lives of residents

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John Piazza remembers when he first moved to Lee’s Trailer Park in Revere in 2000, after his rent skyrocketed in Boston.

Piazza fell in love with a 720-square-foot mobile home, finding it more spacious and affordable than his small apartment in the North End.

He said the park owners charge him just $575 a month for the lot under his home — a fraction of what he would pay in rent for an apartment in Greater Boston. He also paid $20,000 for the mobile home itself, far less than the cost of a traditional single-family home or condo.

The 84-year-old planned to spend the rest of his days at Lee's Trailer Park. But last year, the park was sold...

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Our thoughts on this story:

Another take on Lee’s Trailer Park, discussed above. And once again it makes the critical point that either rents go up or the wrecking ball comes in.

Fox 5 Atlanta: How manufactured housing can save America

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You finally graduated from college at 28, moved out of your parent's basement at 30, married your best friend at 32, and now she is pregnant. You’re 33, and now you want to buy a house and quit paying rent. But you’re squeezed between sky-high housing costs and rising interest rates.

Millennial couples are the largest single block of prospective homebuyers.  But during the pandemic, home prices in Georgia skyrocketed, and in 2022 borrowing costs more than doubled.

FOX 5 real estate expert John Adams says today’s millennial home buyers can get out of paying rent every month by buying a "manufactured house" from one of several manufacturers...

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Our thoughts on this story:

Some good stats and information in this article, but nobody is going to believe the statement the statement that “in 2022 the average single-wide in Georgia is $82,000 and the average double-wide is $158,700”. The reporter needed to do some more research on mobile home prices and should have included the used home prices which are around $15,000 and $40,000 respectively.

ABC 10: Stockton mobile home without power since Saturday night

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The members of the 55 and older community said they can't use water, flush toilets or turn on lights because everything is powered by electricity.

STOCKTON, Calif. — One Stockton community is still struggling with power outages into Monday evening.

The Tehama Mobile Home Village Park a 55 and older community off Highway 99 and East Eight Mile Road. Residents say they have had no power since 10 p.m. Saturday night.

Overnight heavy winds toppled trees and knocked out power to some in the area. The extreme weather conditions even caused students with the Stockton Unified School District to miss two days of school.

The members of the 55...

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Our thoughts on this story:

Only in California would you see this quote “the members of the 55 and older community said they can’t use water, flush toilets or turn on lights because everything is powered by electricity”. I know that California is all about a green agenda, but since when can you not turn on a faucet or flush a toilet without power? I’m lost.

Aspen Daily News: Nonprofit to purchase trailer park for pilot project

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Carbondale-based social justice nonprofit group this week went under contract to buy a 20-unit mobile-home park outside of Glenwood Springs for $2.4 million in an attempt to buck the trend of displacement and affordable-housing destruction at the hands of private-equity groups buying Colorado parks.

The Roaring Fork Community Development Corp. — the affordable housing arm of the nonprofit Manaus — intends to transfer ownership in coming years to 3-Mile Mobile Home Park’s residents, who own their trailers but pay rent for the land on which they sit.

The sellers are the children of the late Ben Krueger, a longtime Vail Valley resident who...

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Our thoughts on this story:

So the concept here is to pay $110,000 per space to keep 20 households living in an old trailer park near Vail, Colorado. Wouldn’t these residents be better served if the non-profit paid them each $110,000, telling them to move to Kansas and buy a new home for cash and with no mortgage, and then developing this property into a different use? Altruism has limitations and one is called sanity.

WNEP: More than two weeks without running water for residents of mobile home park in Wayne County

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HONESDALE, Pa. — It's been 17 days since the residents of Sunrise Terrace mobile home park in Honesdale last had running water.

In early December, hundreds of gallons of heating oil spilled near one of two water wells located inside the park.

Since then, the water wells are still shut off, and crews have been brought in to contain and clean the area where the spill happened.

While progress has been made, there is still no running water.

"The wells that pump water to the park remain off to prevent drawing contamination from the dirt in the ground that has been contaminated with the fuel oil. So that was the decision done by the...

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Our thoughts on this story:

Apparently two residents had leaking fuel oil tanks for their heaters. So the park owner has to shut the wells off and truck in water until the heating oil is cleaned up. Once again, you’ve got to love the media’s headline which makes it look like this situation is the park owner’s fault. Wouldn’t want to blame the two residents who created this mess, right?

Cape Cod Times: Judge makes decision in Pocasset mobile home park trial. Here's the latest

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BARNSTABLE — A Superior Court judge found on Wednesday that Crown Communities LLC is the rightful buyer of a Pocasset mobile home park.

The 15-page decision comes after a years-long legal battle between the Wyoming investment firm and the Pocasset Park Association, with both sides seeking ownership of the Bourne park, which is home to about 170 people at its prime location off Barlow's Landing Road.

"The Association lacked sufficient support (and authority) to exercise lawfully its right of first refusal and to purchase the park," wrote Judge Michael Callan, who decided the jury-waived trial.

In a statement to the Times, Walter B....

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Our thoughts on this story:

Another classic tale of park residents wanting to buy their mobile home park and failing miserably. They apparently cheated on the number of votes necessary to even start the process and the real owner and real buyer sued the tenants and the judge agreed that the tenants were wrong. Of course, in cases like these the tenants have no money to pay any of the legal fees involved or damages to the other parties. Had the roles been reversed, you know that the tenants would have sued the owner and buyer for $1 trillion.

Washington Post: In a trailer park, boxes deliver fresh produce and a sense of belonging

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His shoulders hunched against the raw wind and freezing rain, Gerson Lima trudged through puddles earlier this month with his 6-year-old son, Cristian. But they didn’t have far to go: It was just a few minutes’ walk from their trailer to the parking area where the food truck was parked. Every two weeks it brings ingredients for meals for the family of two adults and two children, who arrived seven months ago from Guatemala.

“It’s made a big difference,” said Lima, 28, one hand gripping a black umbrella, the other holding his son’s hand. “It’s helped a lot. It’s everything, especially now, because we just arrived and have no other...

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Our thoughts on this story:

Finally, a story with a purpose.

WJCT News: Affordable housing faces challenges in Florida

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Rents and home prices rose dramatically in Florida over the past few years.

In an annual trends report published earlier this year, the Florida Housing Coalition documented the progress and challenges to achieving housing affordability in the state.

The incoming CEO of the housing coalition, Ashon Nesbitt, said there’s positive and negative indicators to note.

Housing instability is on the rise

Although fewer people are experiencing homelessness in Florida compared to a decade ago, residents are being exponentially squeezed by housing costs.

“Homelessness is decreasing throughout the state, but because of the cost-burden issue at the same...

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Our thoughts on this story:

So let me get this straight – the way to save affordable housing is for the government to buy it all up and give it away? Here’s a better idea, give those 60,000 people mentioned in the article $80,000 each and have them move to a state with lower real estate costs where they can buy anything they want with all cash. Mississippi is just a couple states over, you know.