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A shift occurred in the 1950s. Those with higher incomes bought houses, and eventually, mobile home communities cropped up throughout the country as places for people to park their mobile homes for months, years or permanently. Nowadays, mobile homes are more often called “manufactured homes.” They are assembled in factories and rarely move once they’ve been purchased and settled. In fact, more than 90% never move from their original site.
Today, around 20.6 million Americans live in a mobile or manufactured home. About one-third of mobile homes are in mobile home communities, where the residents usually own the home itself, but they rent...
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Over the past decade, rents in these parks have risen 45%, according to census data.
OK, housing is the fourth largest cost for the average American household, behind healthcare, childcare and transportation. Let’s see how much those have gone up over the past decade:
So it looks like mobile home park lot rents have gone up half as fast as healthcare and about in-line with all other household costs.
It would be nice if the author happened to point this out to the reader. But, of course, they can’t because it would not support their whole socialist agenda. Landlords and private equity groups are inherently evil, right? No matter what the facts are!