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Devo Brown began renting land at Camarillo Mobile Estates, a mobile home park for residents 55 and older, about five years ago after he lost his Malibu home in the Woolsey fire.
Although his rent has increased 20% during his time at the park, he considers himself one of the lucky homeowners. Since 2020, he said, rents for residents newly moved in have risen from $1,250 to $2,050 per month—a nearly 65% increase.
This year, the rent increases have already prompted at least three of Brown’s neighbors to move out. Two of them abandoned their homes because they could not find any buyers who were willing to pay the rent and one of the two now...
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Although his rent has increased 20% during his time at the park, he considers himself one of the lucky homeowners. Since 2020, he said, rents for residents newly moved in have risen from $1,250 to $2,050 per month—a nearly 65% increase.
This is the latest craze – mobile home park residents complaining to the media how the rents are too high for new people who have not even moved in yet. This absurd virtue signaling is as dumb as some guy at the hotel front desk complaining that the person in the next room is paying too much because they didn’t use Hotels.com. In the “free market” the whole point is that you have the freedom to do what you want. If someone wants to pay $2,050 per month lot rent to live in this park, then how is it any of this guy’s business? And if the rent is too high, the owner won’t be able to attract tenants and will have to lower it. It’s called the “free market” system and that’s the foundation of capitalism.
What a bunch of lunacy.
EINSTEIN STUPIDITY SCORE: 10