Preview:
In 2021, a California-based investor group purchased Golden Hill Mobile Home Park in Golden, Colorado, a small city just outside Denver in the foothills of the Rocky Mountains. Less than two years later, rents doubled for the nearly 40 households that called the community home, pushing residents—some that had lived there for decades—to seek cheaper alternatives in an area already feeling the pressure of an affordable housing crisis.
But this week, residents of the Golden Hills community got some good news: They are now the owners of the land their homes sit on, thanks in part to a 2020 state law that gave them the opportunity to purchase...
Read MoreOur thoughts on this story:
Blah, blah, blah … park owners are evil, residents are angels and the only way to save the world is for the residents to buy the parks they live in. These types of stupid narratives are what is causing an acceleration of parks being redeveloped into apartments and Home Depot stores. Why would anyone want to own a park in California and put up with these crackpots? I sure wouldn’t.

