This is happening across the country. Most mobile home parks are Mom and Pop operations, but as they retire, they are being bought by huge private equity firms such as Blackstone, Carlyle Group, Apollo Global Management among others. Most states have no rent restrictions, and the land is highly valued for other uses i.e., condos, track houses etc. It is a win win for them and their investors, but a lose, lose for everyone else..
Grew up in trailer parks all across Canada and the USA. Rosalee, our neighbor in LA , ended up owning Six parks in Indiana. But it's a hands on job. Parks are great land holding venue for long term. But her daughters ?? Why work;???
This is the latest scam by real estate investors. They drive mobile home owners out, knowing they can't move the home. This leaves the investors with mobile homes they now OWN and rent out for profit.
@@nicholausbuthmann1421 most mobiles are not worth the two away money. and renting them would be a landlords nightmare: like renting a liveaboard boat. all kinds of things can go wrong.
If the park I lived in tried this I'd would gut the place before moving out. The only thing I'd leave is the four walls holding it up. They'd be left with a piece of junk they couldn't do anything with.
@@wantsome-zs5sqthey will demolish it anyway so anything you do will only help. These trailers are negative assets. The land development is what the business is after
It's not bullying. The problem is that some rent control laws force landlords to either leave or make changes. The law should not tell folks how much rent can be charged. It's best to leave it to negotiation between the parties.
@karlabritfeld7104 they always have the option of buying their own land. The owners of the trailers could always get together and form a corporation and buy up the mobile home park. But then that would take some effort, and from what I have seen, you will find very little of that in a trailer park. Not saying all are lazy just a very large percentage of them are.
Never buy a mobile home period. Spend the money on land and build a mud house or something. It's place to park your van, at least. That kind of land isn't urban, though. Retirement. I've never seen people look so poor as they do these days when I shop at Walmart. It's tough. Maybe gov should be buying old trailer parks rather than trying to regulate them.
I agree. I live in a mobile home but I own the land. I could never pay lot rent on something I own but not everyone can just buy the land. We got lucky with the price and location.
Just what we need,....more people on the streets. Leave people alone, and quit causing all this stress. >"PAY MORE !".......It always comes do to this with greedy landlords.
The very fact that they were not given a definite date, is most certainly a bullying, scare tactic because they know that they have these people by the throat financially, especially in California. Ms. B. Churchill
Feel sorry for these people but people own rental type properties to make money. Heck everyone will try and make more money of they could. Yes some property owners are greedy but they are not there is blame placed elsewhere also as everyone is gouging everyone since the pandemic. And also with all these regulations and stuff placed on property owners by tying their hands on what and how they can raise rents and evict people for not paying rent takes a big hit on their financials. Costs go up but their hands are tied by not being able to recoup. These people crying would sing a different tune if they were the property owners. Why should they be entitled to live free on someone elses dime. Not all landlords are able to absorb big losses. If I own the property, it's my property and not for someone else to live in it for free or dictate what I do with it. Sure some rent control within reason I may see. But it's so out of hand now.
@@bubbalo3388 Let's not forget that during the rent moratorium, many apartment tenants across the country did not pay rent and also didn't pay once it ended. Some used the money for something else. Now it seems like a common theme is landlords trying to make that money up,
But if you think about it, the owner opened a Mobile Home park. A pretense for long term housing as long as you bring the home. They know full well that most mobile homes age out of being movable so in my opinion it's on the property owners who apparently didn't think to consider possible future changes of status or cost of operations. That's the risk they took by opening such a community and now they bail because it's "hard times" for them? I wonder how many of their residents have had "hard times" and been given no sympathy. The error is the land owners not the residents in my opinion.
@@michaelwalters7110often the situation occurs because the land owner gets old and either sells or turns over management to a family member. The new owners are usually large corporations and all they care about is removing those trailers. They want to develop the land not run a trailer park. The profit is very low for a trailer park. Building a large luxury apartment building is far more profitable.
My plan was to keep this property as a rental for my entire life but circumstances have changed and now I need to sell. I have no choice. What entitles you to live here forever?
And what gives you the right to open a mobile home community knowing full well that most mobile homes become permanent structures over the years and then pull the rug out from under the residents whom you enticed to your property under the belief it would be a long term affordable home for them? If you have to sell I understand that. Put in a clause in the sale that lets already settled residents stay. You can prevent new tenants from moving in but at this moment the residents in place are in limbo because of choices you made, probably without consideration of the possible change in status later on and with dollar signs in your eyes. That's your fault not theirs. (Edited for spelling)
More??? More of this?! When does it stop!! Unfortunately it's legal and since Americans don't want any form of socialism in the USA the government is unable to intervene. Be careful what you wish for. You want capitalism? This is what you get. Under capitalism, business comes first. People come last
I went through this about 4 years ago , here is an idea : Find out what the park would be worth to purchase , then figure out how much each resident would have to come up with to buy the entire park and make it some sort of CO-OP situation . I know it would be more complicated than what I am talking about but in some form this may work . For those of you who have not been told that the park you live in is going to be sold , start saving now , because when it happens to you it might be too late .
Long time commercial real estate broker. My clients own properties like this but mostly apartment buildings. I do not believe you can sign away your rights under AB 1482 (statewide rent control). Now, you can sign on a cash for keys basis to accept money to move, but I do not believe any contract you sign saying you'll allow massive rent increases is enforceable. Just because you sign something does not make it so.
That's the best option. Even a tiny lot can be used for a mobile home (if the zoning is OK). Parks should probably be considered a temporary location until a private lot can be secured elsewhere.
I feel bad for the residents cause they are the true victims but beware of the man who says "im from the government and im here to help' they enact rent control but the owners find loopholes and gov is nowhere to be found
The cost of everything goes up. People that planned to pay the same rent as 10 years ago are fooling themselves. The cost of everything people buy today is up. The cost of every service today is up. Not saying it is fair but it is fact. People that fail to plan are planning to fail.
For many a landlord sets a lot for you to rent. It has its benefits. Many due to socioeconomic inequalities can not even get a loan from HUD... Who doesn't want a little patch of land to call home.
They are not evicting them. They are closing the business. They can move there trailers to another location. The people who live in there trailers own the trailer not the properties. If you own a store in a rented retail mall and the mall closes you have to move your store. Its the same thing.
@kaitbtsarmyot7ilovejesus I know it's hard for the uneducated to comprehend it but the key word is trailer. You hook a tow vehicle to the trailer and move it. How do you think trailer manufacturers move them ?
@kaitbtsarmyot7ilovejesus why can't they be moved ? Is there a reason they can not be moved ? If they are structurally strong enough to live in, then they are structurally solid enough to move. The key words are trailer and mobile home. All you have to do is slide 4 Axels underneath the big 16 inch steel frame and hook them up and go. I have a buddy that owns a mobile home moving business here in florida, and they move them every day. He has 10 trucks and a crew of 52 employees that move them every day new and used ones. So, your statements are not valid unless the homes are not structurally solid enough to live in. If they are not structurally solid, then they should be condimed any way.
@@boondockingamerica Yes they can be moved but the place needs to be zoned if it’s land and those people can’t afford the $10 to $20,000 plus the land utilities set up and sewer or septic at a cost possibly $100,000 plus the land cost
@@OWK000 “restrictions” rent control is basic for this for this. Alotta places let land lords raise lot fees infinitely when the point of mobile home parks is AFFORDABLE living and not being straight wall to wall. These folks ain’t doing nothing wrong these landlords are obscenely greedy.
@@westcoast9285 Threatened with steeper rent control, the mobile home park land owners are retaliating by threatening eviction of "trailer" owners, though, and these mobile homes are NOT moveable, so rent control on mobile home park slots isn't the answer. Maybe this kind of park should be outlawed altogether. Why can't trailer owners own their patch of ground like condo owners? Maybe the government could invent some kind of cooperative situation for mobile home owners to own their lots. Either that or they have to invent some kind of collaspable pre-fab that IS moveable. But pretty much everything rots and becomes more fragile with age. Still, REAL ground bound homes have been moved occasionally.
@@HagBodyPillowmost mobile homes can be moved safely up to about age 5. After that it’s not a safe option. After ten years almost nobody can be hired to take that job for any price.
Or they should protect the parks by making sure the area cannot be rezoned for use other then Mobile Homes, as well as making sure all in place residents are protected during land sales. Do away with these places and affordable housing is nearly non existent. Home owners often complain mobile home parks lower their property value. Well why did you purchase a house near an existing mobile home park? It's not like you didn't know it was there.
@@audenharper3014 they can burn easily. Most have plenty of carpet and wood cabinets. Older ones have aluminum wiring. We have one at work that is used as an office building and the safety people did extra drills because the risk was so high compared to the permanent buildings. They also installed tons of sprinklers.
Don't blame the owner/property management. Blame y'all state and local leader... That you voted in. In honest reality cost of operations isn't problem. It the greedy bastards that has control and want more 💰💰💰
I love this fellow at the end with the "Nietze & or Young Samuel Clemen's Stache" but, yeah Mobile Home Park Landlords have become CORPORATE & GREEDY. Like every other FORMERLY SMALL BUSINESS. It's not like the old days, when say an Old Couple would own & personally operate such. Though such is profitable said Corporate Owners want massive profits instead of a steady income.
I have seen plenty of mobile home transfers be squashed by DOT because they are in such poor condition to travel. They are not moveable after a certain length of time as the trailer chassis deteriorates.
@@BusArch42 must be a SoCal thing, because my dad moves a couple a month here in California. Most of em moving out of San Diego and Orange County to the high desert. Never has any issues, even with the old ones.
@@buildingbuildercip8292 it depends on the amount of corrosion. Look on line and you will find plenty of videos of mobile homes falling apart while being moved. The chassis starts to degrade and cannot support the weight of the structure
@@strnglhld government induced inflation. The government is the worse run company in the world. Greedy? Government is greedy spending more money that can ever be collected in taxes. Also California is the highest regulatory state in existence. This causes costs to be passed on. Look at California gas prices alone.
@@tomr9661But they don't usually make you move older ones once in place either. They know a mobile home is supposed to be a long term investment. By opening a park and enticing mobile home owners in to the park they create these problems themselves. It's not the residents fault they paid for a promised service and sense of security. If you can't feed the horse, don't buy the horse, if you can't handle the park don't open the park. And before anyone says it's because of cost increases, that's nothing new. People opening mobile home parks know exactly what happens in such places. It's their failure for opening a business involving the lives and housing of people. Maybe they should have opened a shoe store instead, because now they are just walking all over the people.
Does anybody ever pay attention to what is being said by whom, how and why? Especially on the "N.E.W.S.!" "Maybe... " "Might... " "Have to move... " "Eventually... " "Cost$$$... " ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... If it was destroyed by nature, would they be FORCED to rebuild? Especially at a "reduced" rate?
