Preview:
Rising lot rents are pricing Floridians out of manufactured home parks, according to a new report from WUSF.
Why it matters: Manufactured home parks are "a crucial source of unsubsidized affordable housing for vulnerable individuals," the report says.
- Residents are often older, retired adults on fixed incomes.
How it works: Manufactured homes, also known as mobile homes, are generally much cheaper than single-family homes built on site.
- Residents typically buy their own homes and pay rent for the land underneath.
State of play: From 2015 to 2023, Florida's median lot rent has almost doubled, per WUSF, citing Census Bureau... Read More
Our thoughts on this story:
EVERYTHING squeezes Florida mobile home park residents. Gasoline, food, medicine, insurance, property tax, cable TV, cell phone, water, sewer, trash – you name it. How can you single out lot rent as the only culprit? Look, we live in a country which has the highest inflation and interest rates in 40 years. That’s not the fault of mobile home park owners. I seriously doubt that anyone – including the residents quoted in the story – really believe that. They’re just hoping they’ll get lucky and some bureaucrat will propose rent control. Here’s a news bulletin: there’s 0% probability of rent control in Florida. But if you want to propose it in Vermont, you might have a shot.

