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Abolishinist

(2,093 posts)

2. Interesting article, thanks for posting.

Reply to BlueWaveNeverEnd (Original post)

Fri Nov 29, 2024, 09:28 PM

Nov 29

I'm 5 minutes in but will have to continue later. This is so true...

There's a guy named Frank Rolfe who runs something called Manufactured Housing University. He was quoted saying something along the lines of, “Owning a mobile home park is like owning a Waffle House and having your customers chained to the booth.”

So true, the units are not 'mobile' at all, it costs around $20,000 just to move one, excess funds which most don't have, so they have no choice but to ante up.

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BlueWaveNeverEnd

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Highlight:

Private Equity's Ruthless Takeover Of The Last Affordable Housing In America [View all] BlueWaveNeverEnd Nov 29 OP

Cascade PBS recently had a special on this subject Trailrider1951 Nov 29 #1

Interesting article, thanks for posting. Abolishinist Nov 29 #2

yep. rarely moved. Mostly sold... or bailed on. BlueWaveNeverEnd Nov 30 #10

When the market is faced with millions of undocumented applegrove Nov 30 #3

non profit that gets funding by donations through Actblue. More info here: BlueWaveNeverEnd Nov 30 #8

I like that the OP repeated itself twice, while offering nothing further. flvegan Nov 30 #4

WTF? soandso Nov 30 #6

non profit funded by donations through actblue. More info here: BlueWaveNeverEnd Nov 30 #9

OMG, Blue Wave, I am so thankfull you posted this!!!!!!! soandso Nov 30 #5

Bush Jr. Financial crash. Blue Full Moon Nov 30 #7