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According to an article by Kirbie Bennett and Jamie Wanzek in High Country News, a Colorado manufactured housing community offers “one model for how to preserve affordable housing, with the potential to reshape housing in the West in a way that allows residents to guide the discussion.”
When threatened with a buyout by a notorious institutional investor, residents of the Westside Mobile Home Park banded together to make their own offer. “With the support of Elevation Community Land Trust, Westside’s residents were able to purchase their park, becoming one of the six community land trusts in Colorado. It was the first time that Elevation...
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I guess the residents did not read the fine print. But it’s right there in the article:
In years to come, residents, with the help of the land trust, intend to redevelop the park by removing the trailers and transforming the units into homes. The co-op and land trust are currently in the early stages of redeveloping the park, and residents are leading those discussions.”
So all the trailer park folks are going to be going bye-bye and replaced with single-family homes which they will never qualify for or afford. And they voted for it! What would you call this: “political suicide”?