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Mobile Home Park News Briefing

Summit Daily: Certain Summit County mobile home residents went about a month without reliable running water, according to a complaint filed in court

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Residents of the Farmers Korner Mobile Home Park in Summit County have faced a monthlong stint without running water in their homes, according to recent court filings. 

The water issues prompted inquiries from both the Summit County Public Health Department and the Colorado Department of Local Affairs, or DOLA, which issued a cease and desist order against the park’s landlord on Jan. 3 that was then enforced by a motion filed by Attorney General Phil Weiser on Jan. 12. 

DOLA told Farmers Korner landlord Lori Cutunilli it received a complaint Dec. 23 that certain residents at the mobile park had been “without running water and/or...

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Our thoughts on this story:

Frank Rolfe

The best quote in this article came from a resident that said “he’s looking to sell his mobile unit and move to housing that’s more stable. But he has yet to find anything near the rent he pays for his lot, which is $850 a month.” Absolute genius. Harass the park owner in the middle of a blizzard demanding that frozen water lines be fixed, get the State of Colorado and media involved to advance your false narrative, and then whine when the solution is to maybe have to move out. Here’s a message to everyone in the U.S.: mobile home parks are not non-profits and if you harass owners enough, they will simply put up the “Land For Sale” sign and you will be cut loose. If you want a world in which there is no economics then sign up for Section 8 apartments and let the government determine your future.

Lodi News-Sentinel: Update: Hundreds evacuated from flooded Acampo mobile home park; Highway 99 closed

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ACAMPO — Nearly 200 people were evacuated from a mobile home park on Sunday and Monday after another round of atmospheric rivers brought heavy rain and flooding to the area. A mandatory evacuation was ordered for the park early Monday afternoon.

The San Joaquin County Sheriff’s Office said it closed Woodbridge Road east of Highway 99 just after noon on Sunday due to localized flooding. By 2 p.m., Sheriff’s Office deputies, along with crews from the Lodi, Woodbridge, Mokelumne and Lathrop/Manteca fire departments began evacuating about 175 residents from the Arbor Mobile Home Park, located at 19690 Highway 99 frontage road.

Closer to 7...

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Our thoughts on this story:

Frank Rolfe

This is going to be a real problem for California park owners as insurance rates are going to skyrocket. No wonder so many catastrophe movies (like San Andreas) are based in California. It’s not just because the studios are there. Between earthquakes, fires – and now flooding – this is becoming the place to buy property with a short shelf life.

Real Vail: Eagle Valley’s Krueger family sells trailer park in model for blocking private-equity groups

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A Carbondale-based social justice nonprofit group in December 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...

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Our thoughts on this story:

Frank Rolfe

Boy, they sure showed the world who’s boss. A non-profit recently “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.” I guess the park owner is laughing all the way to the bank, while the non-profit puts this grand tale all over its website. Here are some real-life news bulletins for this same Vail newspaper: 1) you could have given those tenants $120,000 in cash each and they would have been much better off 2) institutional investors would never look at a 20 space park (it’s about 20% of the target size of 100 lots) and 3) $2.4 million is a rounding error in today’s America if you want to be a big shot in philanthropy. That might make you sound big at the cocktail party at the Red Roof Inn lobby, but that’s about it.

ABC10: 175 evacuated from flooding at Arbor Mobile Home park in San Joaquin County

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WOODBRIDGE, Calif. — Crews were able to evacuate 175 people from a partially-flooded mobile home park in Woodbridge Sunday.

South San Joaquin County Fire Authority, Lodi Fire Department, Lathrop Manteca Fire District, Manteca Fire Department, Woodbridge Fire District and more were at the Arbor Mobile Home Park on Frontage Road to help evacuate residents and animals.

It was one of many calls that first responders have answered as some people try to leave their homes due to flooding from a barrage of winter storms.

South San Joaquin County Fire Authority said their crews were using hoses to move water away from homes in order to...

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Our thoughts on this story:

Frank Rolfe

America has been under a cloud of endless insurance losses for years now – from fires to hurricanes. Given society’s obsession with litigation and the simple fact that insurance companies are businesses and are focused on profits and not losing money annually, there is no doubt that insurance in California and Florida will be endlessly harder to obtain and retain except at huge cost increases. And that will naturally translate into much higher lot rents in those markets. The woke media might as well start writing the articles now to criticize those given rent boosts, as the insurance picture in California and Florida is becoming desperate.

Moapa Valley Progress: Mesquite Trails RV Park Moves Forward

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Construction has been going forward full steam ahead at the west end of Hafen Lane in Mesquite. Nearly two years after receiving approval from the city, the Mesquite Trails RV Park is beginning to really take shape.

The site grading on the 20-acre parcel is completed, and the utility connections for the 193-space RV park have been installed. The first of three buildings to be built on the site has gone vertical. Work has also begun on the central recreational hub of the park including a large clubhouse, swimming pool, pickleball courts and various other recreational amenities.

The entrance of the park will be off of Hafen Lane. A new road...

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Our thoughts on this story:

Frank Rolfe

It’s always been a lot easier to build RV parks than mobile home parks. That’s because the RV industry has done a great job of promoting itself (the “Go RVing” campaign) and people in RVs don’t go to school at a cost of $8,000 per kid to the city and county. The failure of the mobile home industry to put any money or effort into PR has created a scenario where the average American has a terrible opinion of the product.

The Facts: Residents express concerns regarding manufactured home community

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ANGLETON — A new manufactured home community will be developed in the city adjacent to the intersection of East Phillips Road and Gifford Road.

All of the homes in Angleton Park Place will require a concrete foundation.

“They’re going to have axles taken out from underneath them and they’re all going to have concrete slabs poured underneath the modular homes,” owner and developer Mike Morgan said.

Concerned citizens attended the Dec. 21 Board of Adjustment meeting to express their perspectives on the development.

The meeting was actually being held to discuss a possible variance for the drainage and utilities of Angleton Park...

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Our thoughts on this story:

Frank Rolfe

Angleton, Texas has a median home price of nearly $200,000. The developer is going to be sticking mobile homes that value at around $70,000 each on to those new lots. Can you possibly understand why the city residents are up in arms about this zoning catastrophe? I imagine the litigation will be flying soon, as every home owner near this planned development is about to see a 50% decrease in their home value. Again, bureaucrats at work who would never allow this to happen in their neighborhood but could care less as long as it’s not next to their property.

Weather Underground: Deaths In The South Amplify Extreme Danger Of Manufactured Homes During Severe Weather

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This week’s storms in the South that killed at least three people and injured nearly 25 more highlight the dangers of being inside a mobile home or manufactured home during severe weather. Most of the homes destroyed in the storm were manufactured. And at least one of the deaths occurred in a manufactured home.

In fact, of the 104 tornado fatalities in 2021, 23 were in manufactured homes, according to NOAA’s Storm Prediction Center. In 2020, 39 of the 76 tornado deaths that year were in manufactured homes. Through Nov. 30 of this year, more than half of tornado deaths — 13 out of 22 — happened in manufactured homes. That's a lot,...

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Our thoughts on this story:

Frank Rolfe

Apparently you have a 15% better chance of being killed in a mobile home than a stick-built home if a tornado hits. You also have a 15% higher chance of dying from boredom if you read this article.

KTVQ: Legislators propose bills to help Billings mobile home residents

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Residents at the Meadowlark mobile home park in Billings continue to have dirty water, a boil order is in effect, they've had frozen and broken pipes, and the water has been shut down.

And now in the Montana Legislature, lawmakers have proposed bills they hope could help in the long run.

Last month's historic cold snap in Montana brought more problems to this Billings mobile home park.

About 20 pipes broke at the end of the year.

"Biggest thing is just the water shut offs, and, you know, not having water and it being turned off all night. Has caused a lot of stress out here for a lot of people," said Gary Deveraux, a Meadowlark resident.

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Our thoughts on this story:

Frank Rolfe

Only a state bureaucrat would think that they are helping mobile home park residents by making a new law that stops park owners from “requiring a tenant to make unnecessary upgrades” to their homes. Essentially they’re dooming the 98% of park residents who take care of their property so that the 2% with five non-running cars piled in the yard, their home painted three colors and aluminum foil for curtains won’t have to bother cleaning up their act. Then you add on the new law that requires tenants to have first option to buy the park – something that they virtually never exercise and that slows down the sales process by months – and you have the kind of genius thinking that has made America the mess that it has become. Let me make it more clear for these legislators of Montana. If you pass these two bills you are going to simply have park owners tear more parks down and put in things that have less ridiculous restrictions – and nobody would blame them.

Desert Sun: State funds safe drinking water at east valley's Oasis Mobile Home Park through 2023

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Residents of Oasis Mobile Home Park in Thermal will have access to safe drinking water through 2023 with a new $883,930 state grant. But the water won't come from the taps: The funds will be used to provide bottled water to households.

The State Water Resources Control Board began paying for bottled water at Oasis in October. Before that, the state, Riverside County and local community partners had been covering the cost since July.

The bottled water is not a long-term solution, officials acknowledge, but a stopgap while plans are drawn up for spending more than $50 million in state funding to both relocate Oasis residents and expand...

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Our thoughts on this story:

Frank Rolfe

OK, I understand that this park is in California. But let’s do the math here. There are roughly 300 mobile homes. They are going to spend around $80 million to relocate these people who are currently living in mostly pre-HUD trailers. That’s $266,000 per household. Has anyone in California travelled beyond the state lines and visited, for example, Arizona, where you can get a nice stick-built home with a garage – and throw in a new car – for less than $266,000? Just buy each household one of those houses for cash, give it to them, and tell them to move to Arizona. What are these bureaucrats thinking?

Flathead Beacon: Mobile Manipulation

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On the first day of December in 2018, Sharon Parmelee moved into Greenwood Village RV Park with her mobile home. She signed a month-to-month rental agreement and started paying $312 per month in lot rent fees in the park, which is located just outside of Kalispell city limits along U.S. Highway 2.

The mobile home park, which has roughly 85 manufactured homes and RVs in addition to a hotel and cabin accommodations called Greenwood Village Inn and Suites, is home mostly to individuals over the age of 50, many of whom are veterans, senior citizens or people living with disabilities on a fixed income.

About six months after Parmelee moved...

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Our thoughts on this story:

Frank Rolfe

The average single family home is $448,200. The lot rent was $325 and now it’s $700. Residents don’t like it. They want the rent to stay at $325. The folks that bought all those single-family homes want them to go back to being $100,000 like they were in 1977. Neither is going to happen.

WFXR TV: 13 Massie’s Mobile Home Park tenants head to Montgomery Co. court; Suing owners for water cut-off

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CHRISTIANSBURG, Va. (WFXR) — More than a dozen tenants at Massie’s Mobile Home Park and Christiansburg-based Southwest Virginia Legal are headed to Montgomery County General District Court on Friday, Jan. 6, for a scheduled hearing against their trailer park’s current owners.

“I’m looking for respect, and for people to be treated like human beings,” said Jacqueline Snyder, a tenant in the lawsuit.

Southwest Virginia legal aid attorney Kristi Murray says this is all happening after filing 13 unlawful exclusion suits. They say their water was cut off back in November after park owners didn’t pay the bill.

“First not being able to take your...

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Our thoughts on this story:

Frank Rolfe

This article is beyond stupid. Massey’s mobile home park sold because the long-standing mom and pop couldn’t manage the property any longer. The new owner paid a fortune for it and now requires people to pay their rent on time and keep up their property. And those 2% of the residents who take offense to living in civilized society don’t like it one bit. How is this news and why does anyone waste time on these type of stories?

North Platte Bulletin: Council tables small RV park over concerns about stringent requirements

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The North Platte city council wrangled for about an hour Tuesday about a zoning permit for a proposed small RV park on South Willow.

Merlin and Kelle Dikeman would like to create eight camping spots at 3501 S. Willow and erect a 40’ x 80’ building that contains a night watchman living quarters. The site is a couple blocks south of Goforth Trailer and Trucking at the corner of Walker and Willow.

The Dikemans said in their application that the building could be used to renovate and store old vehicles. Four of the campers in the outside stalls would be privately owned. The other four spaces would be available to lease.

The Dikemans said the...

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Our thoughts on this story:

Frank Rolfe

The Dikemans just want to build a nice little RV park. They trusted the city bureaucrats and it blew up in their faces. This is a testament to not only the dangers of greenfield development, but also the need for tighter due diligence and not letting people tell you things as opposed to getting them in writing.

PA Homepage: Montour County mobile home park water woes

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COOPER TOWNSHIP MONTOUR COUNTY (WBRE/WYOU) — Residents of a Montour County mobile home park say they have had it with the ongoing water problems and reached out to the I-Team for help after they claim their concerns were not being addressed by property management.

Eyewitness News spoke with residents who are frustrated, disgusted, and some are downright angry. They say they just want to have clear, clean water once and for all.

“It’s been a frustrating mess and it always goes on. We’re at our wit’s end,” said Robert Hayden, a Pepper Hills Mobile Home Park resident.

Robert Hayden lives at the Pepper Hills Mobile Home Park near Danville. He...

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Our thoughts on this story:

Frank Rolfe

Sounds like the park owner needs to replace the water lines. Needs to give the residents and the city and state the plan and timing, go to the lender and find a hardscrabble way to get it started. In the interim the tenants and authorities need to back off and give them time to get it done. Hiding from all of this doesn’t sound like it’s helping. But, to be honest, the reporter is so anti-business that you don’t really know if any of these assertions by the tenants are even true.

YES! Magazine: How Mobile Home Communities Are Adapting for Climate Change

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Charlotte Bishop was standing at her kitchen window in January 2019 when she saw water streaming into her yard. A block of ice had clogged the brook that snakes around the mobile home park where she and her husband Rollin live in Brattleboro, Vermont. Ice jams are not uncommon in Vermont, but the heavier rains and earlier winter thaws—both related to climate change—will likely cause more flooding in communities near rivers and streams. Bishop grabbed her keys and rushed outside to move their cars to higher ground. Within minutes, she was wading through knee-high water. 

Bishop lives in Tri-Park Cooperative, Vermont’s largest and...

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Our thoughts on this story:

Frank Rolfe

This article is so boring that I was about to fall asleep and then I suddenly saw that the town was going to spend $7.9 million to relocate 26 mobile homes out of the floodplain. I hope that’s a typo from the magazine, because that works out to $303,000 per home. Here’s a better idea. Buy each of those mobile home park residents a custom home on the golf course, give it to them debt-free, and demolish those $20,000 mobile homes they were living in. It’s a win/win for the earth and at least does not insult the intelligence of anyone reading this article who had basic algebra.

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:

Frank Rolfe

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.

Roswell Daily Record: City rejects zoning for mobile home park

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LORDSBURG — The City Council shot down a zoning variance from Ed Kerr, who was asking the city to allow a 1977 mobile home to be placed in Pyramid Heights after residents who were at the Dec. 28 meeting voiced their opposition to the variance.

“The ordinance itself should prohibit this trailer from coming in,” resident Eddie Parra said. He added that there are already two abandoned trailers that need to be addressed by the city, and questioned a park area that is supposed to be maintained by the City.

“Don’t put us in the position where we have to challenge the fact that we pay taxes. For what? What are we getting in return?” Parra...

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Our thoughts on this story:

Frank Rolfe

This title is wrong, This is not about a mobile home park but simply a single 1977 mobile home. The city says it can’t be brought in because it violates their ordinances. The minimum mobile home age they allow is 1982. You can buy a 1982 mobile home for about the same price as the 1977. Sell the older home and buy a newer older home and bring it on in. Case closed.

CBS Sacramento: West Sacramento mobile home community with at-risk residents spent days without power

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WEST SACRAMENTO — During severe storms, utility companies prioritize power for schools hospitals and customers' medical needs, but one local mobile home park's power was out for too long and the equipment necessary to keep some residents alive failed.

Valhalla Mobile Home Park has hundreds of residents, some of whom can't live for more than a few hours without power.

"I had heat in one room of the house so I survived," said Tom Madsen, a resident of the mobile home park.

The community of senior citizens lost power for days.

"There's a lot of people on oxygen CPAP machines and that's what we're worried about. What are they going to do...

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Our thoughts on this story:

Frank Rolfe

This just goes to show the bias of the media against mobile home parks. The park lost power because the electric company had their lines go down. The park owner did nothing wrong. And the media is claiming that the park “has residents who cannot live for more than a few hours without electricity” and that somehow the park owner is responsible for that. If you truly can’t live for more than three hours without electricity you need to have a generator on your home in case the power goes out. If the tenant doesn’t buy a generator then that’s at their own risk. Don’t pretend that the park owner has any involvement in this story at all.

Coloradoan : Water main break leaves Fort Collins mobile home park residents without water

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A water main break at a Fort Collins mobile home community left several of its residents without water this week, according to the city, the community's manager and a resident.

Residents of the eastern section of North College LLC Manufactured Housing Community — a 55-plus senior community with roughly 320 lots — learned of the main break early Tuesday morning when they were greeted with dry kitchen faucets and shower heads around 7 a.m., according to community resident Patti Rosenfelder.

While Rosenfelder, 69, lives on the unaffected western side of the mobile home community — the largest within Fort Collins city limits — she said she...

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Our thoughts on this story:

Frank Rolfe

So a part of a mobile home park had no water for two days because the water main broke. And the delay was caused by the city which mistakenly thought it was their main and told the park to stop work. And that intro leads the writer into a public shaming festival on the owner because he raised rents and enacted basic rules, like no beach towels in windows. What a world we live in.

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:

Frank Rolfe

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.

Salem News: Mobile home owners struggle to find insurance in 'dysfunctional' market

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ORMOND BEACH, Florida — The problems at Peggy Childress’ mobile home started in May when a tree from the vacant lot next door crashed through their carport, the first damage she or her husband, Mike, could recall in 15 years of living there.

Having the tree removed cost $600, all the money they had in savings. “It wiped us out,” said Childress, 61.

Then Hurricane Ian tore off their roof.

“It was like it was raining inside,” Childress said. Rooms filled with water, then mold.

Childress said she’s gotten estimates of more than $22,000 for repairs, “more than this place is worth.”

As is the case with many owners of manufactured and mobile...

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Our thoughts on this story:

Frank Rolfe

A mobile home park resident has $22,600 in damage from two back-to-back storms and can’t figure out why nobody will give her another insurance policy. It’s called economics – not that complicated.

The Daily Star: Mobile home requests on rise in Hammond

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Conditional variance requests to place mobile homes in areas where zoning does not permit are creating a juggling act for Hammond leaders as they try to accommodate land owners and adhere to zoning regulations.

Two more requests for mobile homes to be placed in non-compliant areas were presented this past Tuesday night during a council meeting and were met with mixed results. One was granted, the other denied.

Typically, the council has been favorable to granting the majority of such petitions.

The requests were only the latest that continue to pop up on council and Planning and Zoning agendas, a fact not lost on city council...

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Our thoughts on this story:

Frank Rolfe

What single-family home owner would not object to a mobile home going on a lot next to their neighborhood? It’s a simple scientific fact that single-family homes next to mobile homes show a sharp decline in value. You can’t argue it – simply look on Zillow. Don’t make the case that these people are wrong for trying to preserve their home values.

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:

Frank Rolfe

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:

Frank Rolfe

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.

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:

Frank Rolfe

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

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:

Frank Rolfe

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.