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SOLD: The Land Under Mobile Homes 

Rocky Mountain PBS
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Even though mobile homes are one of the most affordable options in Colorado, it’s coming at a high cost. The land from underneath some homes is getting sold, pricing people out and forcing them to leave. Rocky Mountain PBS investigates the sale of three different parks, the impacts of the people who live there and the options people have to own both the home and land underneath them.
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27 сен 2024

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Комментарии : 1,1 тыс.   
@rockymtnpbs
@rockymtnpbs 2 года назад
For more stories on housing in Colorado, make sure to subscribe to our free newsletter: www.rmpbs.org/newsletter/
@forgiven5919
@forgiven5919 2 года назад
So sorry for these folks. I lived in a mobile home park 5 years. I knew that I had to get out so I now am on my own land so I can have a garden and animals and freedom.
@sonicboom2723
@sonicboom2723 2 года назад
Same
@judimardula8685
@judimardula8685 2 года назад
I live in a resident owned over 55 mobile home park. I love it. It is a real community. A group of volunteers mow the grass, change the street light bulbs, trim trees etc. I pitched in painting the mail sheds. This has helped keep our rent low. When looking for my home, a friend told me about resident owned parks. I did not look at anything but resident owned communities.
@eckankar7756
@eckankar7756 Год назад
where is your park? I found a couple parks in Arizona that the residents own their own lots.
@judimardula8685
@judimardula8685 Год назад
@@eckankar7756 I live in Massachusetts
@judimardula8685
@judimardula8685 Год назад
@@eckankar7756 We own the park. New residents pay $1000 and become members. When they leave, the $1000 is refunded. Our rent includes street snow plowing, trash pickup ( no having to pay for town trash bags), water, property taxes . The park is responsible for replacing driveways if needed. The park also pays for having septic systems pumped.
@eckankar7756
@eckankar7756 Год назад
@@judimardula8685 So how much is the rent/payments?
@jens7898
@jens7898 Год назад
@@judimardula8685 It's a cooperative.
@ohiosbestpeach770
@ohiosbestpeach770 2 года назад
Who owns Harmony? Is it a foreign interest? I think that it’s important to stop foreign land investor and equity firms from buying property. They are wrecking America.
@Yellowbanana2024
@Yellowbanana2024 2 года назад
💯🎯
@cornishhh
@cornishhh 2 года назад
I'm sure a lawyer would be able to draft any legal requirements to change a foreign company into a local one. There are always loopholes.
@erinmenke162
@erinmenke162 2 года назад
probably China! " most favored Nation" according to many lining their pockets.
@benjones8977
@benjones8977 2 года назад
Blackrock and Blackstone are buying up all the land and all the houses. This is part of the one world government strategy, where you’ll have nothing but you’ll be happy. You’ll have no constitution or Bill of Rights and no property rights. Everybody will be dirt poor because that’s what the global elites want. This is what CRT, social credit scores are all about. They want to control the population on every level. It’s best to find a mobile home that’s small enough that you can transport yourself or perhaps buy a small piece of land in order to set it on.
@carolyngreen5458
@carolyngreen5458 2 года назад
Greedy Americans are also wrecking these communities…
@michelleisker343
@michelleisker343 2 года назад
Our park was bought a Chinese company. If China doesn’t allow anyone else to own their land why do we do it for foreigners!!
@yunirueda9276
@yunirueda9276 2 года назад
' cause it's all about money!!
@Yellowbanana2024
@Yellowbanana2024 2 года назад
💯% agree
@elliecobb2734
@elliecobb2734 2 года назад
MONEY!!!!!!!!!!
@soniakiwi
@soniakiwi 2 года назад
Because the USA is knee deep in debt.
@jlockwood65
@jlockwood65 2 года назад
Because we are America! You might as well start a movement taking the ode on the statue of liberty sanded off! We do it because we are civilized and educated in matters
@jamesconway4821
@jamesconway4821 2 года назад
This is truly a very sad problem that's been happening for years in mobile home parks. All across the nation. They're seriously needs to be legislation passed to protect the homeowners.
@spa7521
@spa7521 2 года назад
govt is behind it
@chipsramek3868
@chipsramek3868 2 года назад
James Conway..NICE TRY,are you a ... CIA/MOSSAD/MI6 Agent ? Using the corrupt broken scheme of ...CONTROL-MIND (government definition) to fix it...really ???
@WanderingExistence
@WanderingExistence Год назад
Community Land Trust are another way of preserving the affordability of the land.
@dcg590
@dcg590 Год назад
Protect them? They don’t own the land? Who’s fault is that?
@jamesconway4821
@jamesconway4821 Год назад
@@dcg590 so by using your logic. I guess you don't think that people that buy a condo deserve any kind of protection either. Because all those people in the condo building don't own the land that the building sits on. However they're not expecting the Builder or the owner of that property to just up and sell it to somebody else that forces a eviction for the whole building. Most people would consider that very wrong. One of the biggest misconceptions about mobile homes is people have this idea they can just up and move the mobile home because it's mobile. But in today's world with mobile homes that's not always the case. And even if the home can be moved it's extremely expensive. Often times the city or county or municipality will deny you permission to even do so in the first place. Just like a person can't have a condo picked up and move somewhere else. So the laws should not treat a mobile home park differently than a condominium building. That's why I say there should be government agencies to protect people that live in mobile homes or mobile home parks. Especially if there are pre-existing leases those leases should be honored. Without fear that the property will be sold out from underneath them. And literally taken away.
@dricka49221
@dricka49221 2 года назад
I have been a manufactured homeowner in a community park twice, and now I live in a manufactured home on a foundation on land that I own. This decision of the state to open the opportunity for manufactured homeowners to buy the property/community is brilliant. In the first manufactured home I bought, the "lot rents" increased to the point that it was all I could do to keep up with the lot rent and the mortgage on the home. I was an RN working for a well-paying union university medical center. I know that at least one of my neighbors was working for an automobile manufacturing plant like Chevy/Ford and other people in our community both the spouses had to work to keep up with things. This should not happen when you are living in a manufactured community. These are supposed to be starter homes and places to retire, but they literally are out-pricing their residents.
@javayna2353
@javayna2353 2 года назад
It’s all about price gouging. I’m an RN also and live in trailor park. Can’t afford land. No bank will finance it. Rent is getting high!
@01jbeals
@01jbeals 2 года назад
When (what we’re) middle class jobs can no longer provide the fundamentals to sustain your life, then society will collapse. Time will tell if anything changes in this situation. Just heartbreaking & beyond maddening 🤬🤬
@lorettacarroll6015
@lorettacarroll6015 2 года назад
I bought my land first 23 years ago. 22 years ago I bought the mobile home to go on it. I paid for my well, septic, and electricity run to the property. After 2 years the house was declared affixed on the land. So I just have my mortgage and it is a fixed rate.
@eckankar7756
@eckankar7756 Год назад
I can see renting a mobile home for a short time to build up some savings but never long time. MH depreciate rapidly. Even if you own the home you don't own the land and that makes you a renter for life. I was a hairdresser and bought a small house, now long paid off.
@dricka49221
@dricka49221 Год назад
@@eckankar7756 There are the people who put their manufactured homes on land that they own. But other than that, I agree with you. The other thing about manufactured home living that also makes it like renting, is you are at the mercy of the management company when it comes to lot rent.
@abcderghijk
@abcderghijk 2 года назад
The key to owning any thing in real estate is owning the land under the home..If not, without it you are a glorified RENTER..This includes HOA'S, Condos, APT'S Farms and businesses..
@scottshingleton7659
@scottshingleton7659 2 года назад
But if you have a mortgage, high taxes, and high utility bills, then the home owns you thus making you a glorified renter.
@zoeyzed5127
@zoeyzed5127 2 года назад
Not really I made money on my 4 th condo only one condo I lost money in 2008, I can sell it if the condo fee goes up, you can not sell you your apartment or rental you walk with nothing I walk with money so not a glorified renter. These sell in one day or less thats how in demand mine is.
@scottshingleton7659
@scottshingleton7659 2 года назад
@@zoeyzed5127 It's still only a step above renting though the only advantage is you can make money off the property.
@midasspider530
@midasspider530 2 года назад
No one actually owns the land if they are paying property taxes. Any local government can rezone anything at any time.
@bellalovretich4101
@bellalovretich4101 2 года назад
@@zoeyzed5127 with a condo you are partial owner of the land with a MH home you just own the home.
@christinepemberton5077
@christinepemberton5077 2 года назад
Happening here in South Carolina too! My Mom was forced out of her park last year. We had to help come up with about $5000 to pay for it. Everyone said just get a government apartment. For one thing, there's a 2-3 year waiting list. You don't just go get one. For another thing, you spend the rest of your life being owned by the government. You have to account for every cent you make and you usually can't have a pet. It becomes all about them and you're just a fly on their wall. That's not a fun way to live.
@lindam.2739
@lindam.2739 2 года назад
Unbelievable what’s Happening to this country! I fear people will become suicidal from the Entire Nightmare of it ALL 😐
@brianhoward3947
@brianhoward3947 2 года назад
These companies buying up these mom and pop, mobile home Parks, is getting out of hand! They found a legal way, to get rich, buying these low income parks. They raise the lot rent so high, people have to abandon their trailers, the company then takes ownership of the home and sells or rents it out. I wish everyone could afford to have their homes pulled out and relocate them. Leave the company with an empty park!
@goudagirl6095
@goudagirl6095 2 года назад
This is happening more and more, and purposely. The Govt (and other "elite" groups) are pushing people away from buying single family homes, and then, pushing renters toward a UBI - Universal Basic Income - a low type of "salary" (much like the govt checks that were sent out during the pandemic) that will be just enough to keep people parked in their tiny expensive apartments, with little possibility of purchasing a home, or even moving out of their apt. In most cities, you can see many boxy, 3-4-5-story apt complexes going up everywhere; those are part of the whole scheme. Thousands of these complexes are going up in cities, because in the end, shoe-horning people into these apartments will make them easier to track and control. And that is the ultimate goal (or one of them) of the elites: a small minority of the very rich controlling the rest of the population.
@carolynbell7403
@carolynbell7403 2 года назад
Well said.
@briank8482
@briank8482 2 года назад
FACTS!!
@jeanbaker2087
@jeanbaker2087 2 года назад
I own the 1/2 acre that my mobile home sits on. In 28 years I have purchased 5 different trailers on my land. The house I live in now was manufactured in 1983. I have owned it since 2005, when I bought it from my neighbor. I paid $2,500 for it (earned income credit). It's about had it now, but I don't owe rent or have house payments. My property taxes are $5.00 per year because I am over 65. Before this one I had a 4 bedroom double wide, but the finance company raised my monthly payments from $350.00 a month to $625.00 a month. I told them to come and get it and they did while I cried.
@amandasmith7212
@amandasmith7212 2 года назад
That is pretty cool that you did that with the lot. I’m sorry that you had to go through that experience though.
@jens7898
@jens7898 Год назад
What state has such cheap property tax?
@ascienceguy-5109
@ascienceguy-5109 2 года назад
Beautiful story, but the problem is not new. Thirty years ago mother and stepdad bought a mobile home in a park with a locally owned landlord east of Phoenix, then the park was sold to the proverbial "out of state investor." Soon the costs of rent and utilities skyrocketed. The folks and some of their friends in the park decided to get even, and remarkably had the skills and money to pull it off. They bought raw land nearby, subdivided it and created the first occupant owned park in the region. Plus they moved their mobile homes from the old park to their new park. An old park with vacant lots does not have curb appeal! I am so glad that now there is a push for creative ways for old parks to become occupant owned
@chipsramek3868
@chipsramek3868 2 года назад
aScienceGuy...The problem (Your name)...
@daneladydriver603
@daneladydriver603 Год назад
The elderly, retired residents in all those mobile home parks in Apache Junction, Glendale and others will slowly be kicked off the property now that real estate prices make the land more valuable than the small pittance of rent received from residents on fixed incomes. I'm thinking the older folks should set themselves up in vans and travel in caravans. Quartzsite is filling up with the forgotten people looking for a way to survive.
@faniauserYouTube-ft4sq
@faniauserYouTube-ft4sq 19 дней назад
​@chipsramek3868 I luv u
@abcderghijk
@abcderghijk 2 года назад
The key to owning any home nis making sure you own the land under it.
@lashurediscussion4970
@lashurediscussion4970 2 года назад
I agree, to add what you statement. you must also educate yourself about property. so many homeowners don't even realize they don't own the land their home sits on.
@scottshingleton7659
@scottshingleton7659 2 года назад
That and owning it outright with low taxes and having solar, a well, and septic so that way you actually own it rather than it owning you.
@hksp
@hksp 2 года назад
doesn't work for apartment/condo
@abcderghijk
@abcderghijk 2 года назад
@@hksp that's why you don't buy into there scheme..
@653j521
@653j521 2 года назад
And if you can't afford that?
@GaryJones2012
@GaryJones2012 2 года назад
This reminded me of the story of Pedder Bay MHP in BC, Canada from several years ago. The residents of the park, many of whom had lived there for thirty-five years and had made major investments in improving their homes, were given twelve months notice to vacate because the company was converting the property to a marina and hotel. The residents banded together and sued the corporation to stop the evictions, but the weak provincial legislation over manufactured homes meant they lost. Many of the homes could not be moved and there was nowhere to move them anyway. Homeowners lost everything. The tragedy was exemplified by a 91 year old resident who was laying the last piece of his new hardwood floor and died. After this horrible outcome I started work on what was ironically called the Colorado Model. The government would lease crown land for $99 a year to a property management company, essentially a Land Trust. The manufactured homes built locally would be transported to the site from the factory with a temporary permit. Once installed on the site a provincial inspector would confirm the installation and hookups to water, sewer and electrical and then the home would be certified as a permanent home with all the same requirements as a stick built home including payment of local property taxes and the need for permits for any additions. Because of this certification as a standard home CMHC guaranteed mortgage financing would be available from any bank. It was a win win for everyone. I got a major development company to do the site infrastructure like roads, sewers, water and electrical for a ten percent interest in the property company. I got a local manufactured home builder to agree to supply a model home for the site. I got the local Mayor plus the local Westbank Indian Band to agree to approve the project. I got the CMHC to agree to offer standard financing. The whole project fell apart when the provincial Minister of Housing failed to support the concept because he "didn't want to jeopardize the development of any home parks in BC". This despite the fact that there was not a single park planned anywhere in the entire province. The affordable housing crisis has only gotten much worse since then and this is still a viable option.
@morningbird153
@morningbird153 2 года назад
Wow you’re amazing for even trying implement a solution! Sorry things didn’t work out because of greed.
@carolmcintosh5066
@carolmcintosh5066 2 года назад
What an awesome job you did! Hopefully you will succeed if you try again.
@marlenecardinahl9346
@marlenecardinahl9346 2 года назад
Hi-way robbery
@fizzypopnmuffin6720
@fizzypopnmuffin6720 2 года назад
Inspired by your efforts.
@edmondgreen7970
@edmondgreen7970 2 года назад
Do you REALLY think they're trying to solve the housing problem? Hint....the anwser isn't yes.
@sashamoore9691
@sashamoore9691 2 года назад
Land is so expensive and most zoning and ordinance laws restrict manufactured structures! Most land is stipulated that you stick build. It’s outrageous
@ColonelKlink100
@ColonelKlink100 2 года назад
Yes, the zoning is the big issue. Lots of land is relatively affordable, but it doesn't matter because the more affordable buildings are not allowed. It's as though the laws require people to spend more than they can afford. The rich get richer and the poor become homeless.
@geebrewer8186
@geebrewer8186 2 года назад
heck, even mfg homes are VERY expensive anymore. A new single wide will cost between $60K to $150K, most are nice inside, not "trailer trash" at all. Lots of videos on You Tube that feature walk thrus of new mfg homes. I would love one myself. Just my health and retirement income says "not affordable"
@mbcrandell8647
@mbcrandell8647 2 года назад
I am very happy when things work out in favor of our lower income families❤️
@jens7898
@jens7898 Год назад
Well the globalist's goal is feudalism. "It's 2030 and YOU OWN NOTHING...." They aren't kidding when they say that. And that means THEY OWN IT ALL. They can't control everyone unless everyone is destitute. Then you'll have to take your poison shot if you want to eat.
@genxx2724
@genxx2724 Год назад
I am very happy when contracts are enforced and the law is followed. 🇺🇸
@dcg590
@dcg590 Год назад
Me too, but not at the expense of the people who own things and the tax payers who pay their way.
@antm64
@antm64 2 года назад
This video is extremely informative and relevant to other states as well!! There is no mobile home park rent control or ceiling in WA state. Our rent goes up every year. Fair market value is now $750 a month. Our homes are well maintained, but too old to travel on state highways. Even if they were newer, there are no lots available in other parks. We are, as this video states, trapped. On the other hand, brick and mortar rentals are twice as costly...with low to no availability in this area. We can only hope to approach our city council to permanently change our zoning to mobile home, as opposed to multiple dwellings. We are managed by a very large management company representing a foreign owner. These mobile home issues are happening in every state. Congratulations to those who have been able to purchase their own parks!!
@geebrewer8186
@geebrewer8186 2 года назад
I live in WA state and agree with you, been trying to get to a 55+ park, rents and the mfg homes are too expensive now. And apt rents keep going up 20% a year.
@SierraThunder
@SierraThunder 2 года назад
Not to mention that on the majority of mobile homes, the towing tongue has been cut off & the road axles removed & the road lighting wires & taillights removed, plus you have to have the trailer inspected to see if it's even still roadworthy. There's also the small matter of the mobile home still being licensed to be allowed on the road at all. Most people assume that their "mobile home" won't be going anywhere ever again & let their trailer license lapse or have the title converted so that the trailer is registered as a permanent structure.
@kevingizinski6707
@kevingizinski6707 2 года назад
EXCELLENT job reporting 👏. Beware mobile home owners as huge corporate entities are big business who have deep pockets to acquire these parks and jack up the rents which are approaching $1,000 per month. Wake up people and remain informed about what is really going on out there !
@spiritmatter1553
@spiritmatter1553 2 года назад
Rents were already $1000 for the land under mobile homes in Virginia five years ago.
@debbieframpton3857
@debbieframpton3857 2 года назад
If you buy a mobile home and have to rent the lot you're just throwing your money away you so you really don't own anything. What are you going to do when you can no longer afford the lot rent
@IrishAnnie
@IrishAnnie 2 года назад
My sister and her husband bought a mobile home here in Florida turnkey for $15,000. Now those homes are $125,000. Not kidding. I worry too about the land not being theirs. I would hate to see the rug pulled out from under them. It’s a gigantic park.
@debbieframpton3857
@debbieframpton3857 2 года назад
@@IrishAnnie , Have they considered selling that mobile home and buying something that is on owned ground
@swallowedinthesea11
@swallowedinthesea11 2 года назад
@@debbieframpton3857 What about property taxes? I have seen some people say that's the same thing as renting.
@debbieframpton3857
@debbieframpton3857 2 года назад
@@swallowedinthesea11 , With the senior discount my real estate taxes this year are $939 for the year much cheaper then lot rent. Not the same
@bluesmoke8714
@bluesmoke8714 Год назад
Like "buying" a condominium
@mbcrandell8647
@mbcrandell8647 2 года назад
Far too many people fall through the cracks. Something has to give ! We need to call these businesses out and we also need legislation for our lower income tenents.
@dantespeak138
@dantespeak138 2 года назад
If the tornado doesn't get you the landlord will.
@russelldavis6405
@russelldavis6405 Год назад
Everyone deserves affordable housing. It disgusts me how large companies buy out these parks and try to take advantage of the less fortunate. Laws should be put in place to prevent this from happening.
@josephrobichaud5198
@josephrobichaud5198 Год назад
This is how my grandfather became homeless and ended up living on the streets at the age of 70 Years old. He'd owned his home for 20 years in the same park. They gave him 30 days to get out of the park. No park would let him move it to there because his home was to old.
@litehold1144
@litehold1144 Год назад
That's horrible! Was he able to get housing afterward?
@dcg590
@dcg590 Год назад
So he had 2 decades to prepare. If you rent, this is the risk. And why did you let him live on the street?
@kimberlywhatevervids3106
@kimberlywhatevervids3106 2 месяца назад
​@@dcg59030 days
@kimberlywhatevervids3106
@kimberlywhatevervids3106 2 месяца назад
​@@dcg590good question 😭
@jeromeburdine966
@jeromeburdine966 Год назад
That is SO wonderful to see the residents stand and work together to keep their communities!!
@scottchaffee1004
@scottchaffee1004 2 года назад
I grew up in multiple trailer parks as a child. My grandmother lived nearby in a nice trailer. It was seemed as a safe haven to fall back on when you couldn't afford a house.
@selfesteem3447
@selfesteem3447 2 года назад
In the first week of 2019 I bought a 29 of an acre riverfront legal off-grid no building restrictions in Southern Colorado for $7,500 with the only requirement to install a septic system and having electricity 500 ft away. A few months ago a neighboring lot the same size sold for twice the price in less than a minute after being posted on the internet. The realtor I bought from was landio, I bought it sight unseen I have absolutely no problems and I was able to visit the property 10 months later.
@williamadams8353
@williamadams8353 2 года назад
I am currently buying 41.2 acres in Las animas county for $15k. Out in the middle of no where just the way I like it.
@b.a.d.2086
@b.a.d.2086 2 года назад
I wonder how much federal housing money is being used by these big corporations under the guise of providing "affordable" housing? Plenty would be my bet. Venture capitalism at it's finest.
@spiritmatter1553
@spiritmatter1553 2 года назад
The Chinese are doubtless buying up the parks. Other countries have rules against foreigners buying land; we should, too.
@rlud304
@rlud304 2 года назад
@@spiritmatter1553 What Chinese companies, specifically? Is this based on actual information? Or just anti-Chinese propaganda?
@nancystehman8449
@nancystehman8449 2 года назад
RHP bought our park (not in Colorado) last year from a private owner. Sure wish we would have been offered the chance to purchase our plots!! It was a big secret till the day they took over. RHP sent us all kinds of documents of impending new rules. So far the bark is worse than the bite. However financially the rent is higher and we do expect more expenses added on as time goes by, water, garbage, etc...... I have one of the original trailers in the park. Just turned 50. Not bad shape for a 50 year old trailer but there were some months that raised anxiety.... until I decided that I would just handle it as it came. So far it's better than they threatened.
@loafandjug321
@loafandjug321 Год назад
The average size of a home in 1950 was *983* square feet for 3.37 people. The average size of a house in 2022 is *2,392* square feet for 2.93 people.
@scottmcshannon6821
@scottmcshannon6821 Год назад
they claim the average price for a mobile home is 125,000; BUT the average price for all the mobile homes they showed in the video was probably less than 50,000.
@wadewilliston5424
@wadewilliston5424 2 года назад
Very sad. I lived in a manufactured home park and the owners raised the lot rent higher than what was legal. And they got away with it. In the end I sold the house and was able to get out and find a regular house. I liked my neighbors there, but I couldn't continue to pay the steadily rising price for the dirt under my home. I do understand the problems people face there.
@thorned10
@thorned10 Год назад
I just watched a documentary about this happening in Phoenix Arizona. The heartbreaking part of that situation is that the company waited five years after the property was sold to tell the residents that they needed to move out quickly!
@califdad4
@califdad4 2 года назад
I'm in California, and there has not been a Mobile home park built since like 1979 in this state. I found several mobile home parks near Palm Springs that were condo-ized years ago and they own the land under their mobile or modular homes and pay a homeowners fee to keep up the pools, club and Gates
@sandrabentley8111
@sandrabentley8111 Год назад
Probably due to earthquakes in your State, insurance would be too high for mobile home parks today.
@califdad4
@califdad4 Год назад
@@sandrabentley8111I'm a 4th generation Californian and never felt a earthquake. It's due to the price of property now days more than likely
@sandraburke1258
@sandraburke1258 2 года назад
GREED OF A FEW--BRINGS HARDSHIPS TO THE MANY.
@dulceherrera604
@dulceherrera604 2 года назад
Sonia, thank you so much for all your dedication and hard work on this story . It was very informative and stories like this one help other communities know that there are resources and organizations that can support them in situations like these.
@soniagutierrez9867
@soniagutierrez9867 2 года назад
That’s the goal! Thank you Dulce! This means a lot to me.
@stevewillis1916
@stevewillis1916 2 года назад
I get people like skiing but it’s decimating our state. These towns only want rich people who will spend hundreds or thousands for a night of lodging. We need to reduce our focus on skiing and realize we don’t need to decimate the state to have boutique ski towns for rich people.
@davidking4779
@davidking4779 2 года назад
There is no class of tenant that has long term security.
@davidking4779
@davidking4779 2 года назад
@@Melinda_Ross My SSI is $904, that is why many expats live here in Costa Rica where they can survive.
@Dahrenhorst
@Dahrenhorst 2 года назад
Well, in the USA that may be the case. In other parts of the World, where tenants are protected by their country's laws, long term security for tenants is not only a possibility, but quite often a regularity.
@davidking4779
@davidking4779 2 года назад
@@Dahrenhorst Laws protect the tenants, but not the property owners, sounds like Communism to me.
@Dahrenhorst
@Dahrenhorst 2 года назад
@@davidking4779 Of course there also laws to protect property owners. They just can't rip off tenants or rob them from their home at will like in the US. That this is claimed communism by a US citizen proofs the archetypal worldwide recognition of US people as to have no idea at all what communism (or socialism) actually is.
@davidking4779
@davidking4779 2 года назад
@@Dahrenhorst Please let me know what Communism really is, what I see of it I don't like. I was raised where there was a modicum of freedom on both sides of a contract, I see that freedom going away bit by bit. I am Libertarian who believes in free market Capitalism and personal freedom and responsibility on both sides of a contract are important to us.
@caronshogan2436
@caronshogan2436 2 года назад
Greed is running rampant!
@maryanna8066
@maryanna8066 5 месяцев назад
Causing homelessness.😡
@patriayvida6850
@patriayvida6850 2 года назад
The same is happenning here in Georgia. Developers are using the land to build much needed shopping malls since people have so much to splurge.
@evielknievel4972
@evielknievel4972 3 месяца назад
There was one mobile home in Villa Rica for $130k.
@sheilafuller3899
@sheilafuller3899 2 года назад
Love how the community bought the place
@markthomas6980
@markthomas6980 2 года назад
I bought a mobile home in Florida for $12,000 .. it is in a prime area.. 4 miles from the beach, one mile from all shopping.. I put $20,000 into it, new roof, new central air plus other things.. I love it, all my neighbors are great, no crime. I am 50 yards away from the clubhouse.l huge pool, tennis courts skeetball, weight room. My rent for the lot is $639.00. It’s a great place to live..
@sandrabentley8111
@sandrabentley8111 Год назад
When was this?
@markthomas6980
@markthomas6980 Год назад
@@sandrabentley8111 last year
@LoveRise
@LoveRise Год назад
The primer the area the more risk you are of this happening to you making all of your upgrades worthless when the corporate entities come a calling. What city are you located in and does it have any mobile home protection in place?
@nleem3361
@nleem3361 2 года назад
All the comments to "buy the land" are not helpful. If people could afford it, they would have done it... the state and/or local governments should adopt regulations to protect people from this. One thought, people not owning their land is like people who own an apartment in a high rise are subject to monthly fees. Or even hoa which can get very expensive too. This is a big problem. Where are the people who work lower paying jobs supposed to live? Think if every place we shop, eat, and have cars serviced, and then all the folks who work there. Not everyone can be married to a higher earning spouse. Some have kids and other forms of housing restrict the number of people who can live there, and we don't want 3 families per apartment anyway... I'm lucky because I'm single, no kids, so I can rent a bedroom, but if I had a kid, this would be nearly impossible.
@geebrewer8186
@geebrewer8186 2 года назад
EXACTLY!!!
@spiritmatter1553
@spiritmatter1553 2 года назад
Question. I live on the east coast and have heard that west of the Mississippi, about 30% of the land is owned by the federal government, decreasing the available housing opportunities. True? If so… madness!
@cat_alyst6306
@cat_alyst6306 2 года назад
My parents live in the park in Leadville CO! I grew up in that park, and they have been there for over 30 years!
@marysalinas3961
@marysalinas3961 2 года назад
I would never pay $125,000,00 for mobile home, maybe with the land, that is a ripped off, for the buyer. The government owns the land and the buyer will be paying rent forever 🙄. Way to go bill gates.
@geebrewer8186
@geebrewer8186 2 года назад
who paid $125 million for a mobile home? I missed that in the video. There are some very very nice mfg homes in the 3000 sq ft range that cost over $250K.
@spiritmatter1553
@spiritmatter1553 2 года назад
Plus, you don’t always have to buy new.
@DayBowBow
@DayBowBow Год назад
This whole housing crisis needs to be addressed. It's insane. Left or right, it's no longer a political issue. These corporations are literally killing poor people with their money games. It's disgusting. Really wish everyone could come together. This issue affects us all, no matter what skin color you are, no matter what gender you are , we all just want to live our lives.
@jens7898
@jens7898 Год назад
Well the globalist's goal is feudalism. "It's 2030 and YOU OWN NOTHING...." They aren't kidding when they say that. And that means THEY OWN IT ALL. They can't control everyone unless everyone is destitute. Then you'll have to take your poison shot if you want to eat.
@margaretames6522
@margaretames6522 2 года назад
The Colorado housing market is hostile to anyone with limited funds. I left the state to find a place where I could retire and buy a home. Buying a home was completely out of reach given the huge price increases. Renters keep facing increases that are unpredictable. Shall we talk about the homeless population?
@shawnaweesner3759
@shawnaweesner3759 2 года назад
Downtown Denver Colorado is beginning to look like San Francisco. Drug addict and mentally ill homeless. The California companies coming into Colorado to buy the land the trailer parks are built on is a problem.
@spiritmatter1553
@spiritmatter1553 2 года назад
Wasn’t Colorado the state that offered “welfare for millionaires” some years ago?
@margaretames6522
@margaretames6522 2 года назад
@@spiritmatter1553 I’m not familiar with that.
@hoapres
@hoapres 2 года назад
If you don't own the land then don't buy a mobile home.
@ericelam5656
@ericelam5656 2 года назад
This is a proven model in assisting low income family's to own and create investment and be proud of their neighbors and themselves. One word "HOME".
@helloitsme9808
@helloitsme9808 Год назад
The rent should go up. It's rent. That's one of the reasons prople get their own property. I dont get why people are surprised at increasing prices.
@honestlee3556
@honestlee3556 2 года назад
Kingsley management based out of Utah has been awful from my experience
@grlygirl1264
@grlygirl1264 2 года назад
I don't understand, in all seriousness, how people buy into mobile home parks and think that the rent for the space their house is on will never go up...over and over and over again. That's how the park makes a profit. The land has probably BEEN paid for. I bought into a mobile home park (great community I have to say)...but I never intended to stay there. It was a stepping stone. I did exactly what my realtor told me to do and after 5 years I sold my mobile home (ironically to the park) and bought a stick home on land.
@ColonelKlink100
@ColonelKlink100 2 года назад
That's nice and all, but for some people a mobile home is all they will ever be able to afford. Did you notice the old lady in this video who was being priced out?
@grlygirl1264
@grlygirl1264 2 года назад
@@ColonelKlink100 yes I did, and what the people are doing ... pricing people out should be against the law. It's shocking and heart breaking that it's not. Particularly the way they are doing it. That being said, the land is being rented by the tenants. They don't own it. They need to realize that going in. If they are on a fixed income, a mobile home is not in their best interest. This isn't something to get into and then worry about the rent fees later...
@elliecobb2734
@elliecobb2734 2 года назад
@@grlygirl1264 So if one cannot afford rent, other than broken down, filthy, infested areas, they should not at least try to find something livable? One of our problems,is the inability for many to understand living on minimum wage, paycheck to paycheck, and chose to believe they are at fault. most do the best they can with what little they have. while being treated like 3rd class citizens or just plain worthless,.Being taken advantage of by greedy, already deep deep pockets. One can get up so many times, before just giving up. the weight of struggles for many do create the massive homeless situations this country now has> Laws, regulations, and greed. push people to the edge and over. add to that so many with medical issues, that are never addressed due to the medical care in this country being used as a weapon against those with little.Again the rules that come with help are used for control of the masses, and it is ignored, blown off, and the term "lazy" is a political buzz word.
@geebrewer8186
@geebrewer8186 2 года назад
I don't think people buy into a mfg home park and think their rents won't go up, but let's face it, rents going up $200+ a month once or twice a year is absurd! Where is the justification? Just greed doesn't cut it. Especially for an economic group of people who have no other places to go other than the streets. It wouldn't be so bad if these people had alternative places to live. But if you can't afford $1000 a month rent on top of a mortgage of $75K for your home, then you SURE can't afford a stick built house
@ColonelKlink100
@ColonelKlink100 2 года назад
@@elliecobb2734 Correct. Letting these companies to charge obscene rents will to cause a lot of homelessness. Colorado shouldn't allow it but people want to blame the poor people for being poor so nothing will be done.
@imuneik
@imuneik Год назад
Our states need to consider all the ways that will help homeowners keep their homes and the land. Also there should be more Apartments that would allow renters the ability to Purchase their apartments… we need to have safe homes for lower income and fixed income families without the FEAR of someone raising prices that put them in the streets. #1 thing for Colorado should be SAFE AFFORDABLE HOUSING for the citizens of the state!
@brose2323
@brose2323 Год назад
This happening all over the country. Rent and real-estate prices are going through the roof.
@ingridgrattidge5637
@ingridgrattidge5637 2 года назад
This is happening everywhere as the previous ROIs on Mobile Home Parks continue to drop. The parks are being sold.
@perusingposts2557
@perusingposts2557 Год назад
This is not "homeownership". Mobile homes are classified as "motor vehicles". It is tangible property, not real estate. Selling this homes as "own a home" is fraudulent marketing.
@moon-ud8tq
@moon-ud8tq 2 года назад
We lived in a nice mobile home park in the Bay Area (Hayward, CA) . Buying the used but newer model home was nice and affordable but years after there were rent increases. After ten years (retirement) we moved out and were able to buy a house in another state. If states could provide many affordable home/communities for citizens it would be helpful for struggling families. Multimillionaire companies buying lands or raising rents and forcing tenants out is cruel.
@jens7898
@jens7898 Год назад
Well the globalist's goal is feudalism. "It's 2030 and YOU OWN NOTHING...." They aren't kidding when they say that. And that means THEY OWN IT ALL. They can't control everyone unless everyone is destitute. Then you'll have to take your poison shot if you want to eat.
@Sarahdrybones
@Sarahdrybones Год назад
The whole thing makes me sick to my stomach. Such greed.
@kathrynrodlun8514
@kathrynrodlun8514 2 года назад
Young farmers need a group too! Bill is buy a ng up all the farm land. Can you help them get a voice?
@lkjeasen1643
@lkjeasen1643 2 года назад
It's not home ownership if you don't own the land.
@deconteesawyer5758
@deconteesawyer5758 2 года назад
Same as owning a car or pick-up truck, where you park it is up to you.
@LisaKnobel
@LisaKnobel 2 года назад
Living in the mountains, mobile home parks used to be the real affordable housing for working people. But, with the advent of "affordable housing" regulations, taxes, etc. Big Government made incentivized land owners to sell their mobile home parks for big bucks. All the mobile home parks were sold once "affordable housing" became a priority for mountain governments. Now it's sad to see people who bought "affordable housing" watching their property values fall way behind those of people who bought housing outside the government marketplace. Affordable housing initiatives are the biggest scam against low income / working families.
@RIXRADvidz
@RIXRADvidz Год назад
we lived in a double-wide for a year, you buy your trailer, you lease the space for it to sit. the land you sit your trailer on isn't yours, it belongs to the person leasing the land. affordable land space for trailer parks is being pushed out to the outskirts of urban developments. Mobile homes have that characteristic, they're Mobile.
@sundinfamforlife4129
@sundinfamforlife4129 2 года назад
I live in a mobile home. I agree its kind of a middle ground area. It's your home in a sense. But it's not at the same time. I still think it's better than apartment living.
@madusmaxamus8670
@madusmaxamus8670 Год назад
I am one of the Mfg homes and have lived in mobile home parks. In Washington state there are laws on the books that protect the renters to an extent. I bought one mobile home in park and it was a couple years when I was notified that I would have to move. I was able to find a space in another park and was provided the funds to do so. Some were not as lucky as I was and had to abandon their homes. I now have a mfg home that is 1350 sq ft and it is on my private land. I have to live out of town a little ways but it is my land and no one can tell me to move. This is the only way I can feel like I own my home and not have to worry about the land being sold out from under me.
@crand20033
@crand20033 2 года назад
You can buy a mobile home but you are buying a declining asset. They devalue like a car. And most of the time you don't own the land so you are renting anyway.
@thewiseguy3529
@thewiseguy3529 2 года назад
They're selling 40-year-old mobile homes for $35,000 That doesn't sound like any car that I've ever heard of 😂
@Nardiumms
@Nardiumms 2 года назад
FANTASTIC miniDocumentary. A+ work PBS of the Rocky Mountains!
@pawangel1704
@pawangel1704 2 года назад
We can refund or pay off student loans but we can't keep people, some, that are one step away from homeless, in their homes.
@eljefe4473
@eljefe4473 2 года назад
You own nothing but a headache if you don’t own the land.
@beverlybalius9303
@beverlybalius9303 2 года назад
No one makes Mobile Home Parks anywhere anymore. Everyone cannot afford houses,,,, a basic mobile home starts at 40,000.
@deconteesawyer5758
@deconteesawyer5758 2 года назад
@A 1 You can get a decent tent for $100. You want to pitch it in my back yard you are going to have to pay rent.
@pearlaudelo1366
@pearlaudelo1366 Год назад
I considered buying a mobile home that's how i ended up here doing research 🥺. I got my answer. Thank you for ths.
@glcmranger421
@glcmranger421 Год назад
Very wise decision. Buy the land first and then you have a permanent place for your home.
@paulettebarrow9791
@paulettebarrow9791 2 года назад
Yep I live in a mobile home Iv owned for 21 years, I rent the lot, when I moved in it was $411 a mon it is now over $900 with rent, water and pass on tax. I'm on disability and don't even get enough to pay the rent so I have a 80 year old roommate that wont be around forever, have no clue what I will do after or if they sold the land.
@Luke_Skywalker_1
@Luke_Skywalker_1 Год назад
Thanks Sonia and for all the team too, this was an excellent report about the situation on the Mobile homes parks.
@Cuernavacachica02
@Cuernavacachica02 2 года назад
People need to get together and buy large lots that they can move their mobile homes to!
@masterspin7796
@masterspin7796 Год назад
Insurance prohibits this...
@crimineyjenkins1
@crimineyjenkins1 2 года назад
This is why I live in a travel trailer. If I don't like the rent, my neighbors, the neighborhood, or the city I can just pick up and go elsewhere. So far where I am living, the rent is reasonable and the RV park is gated, has laundry, and a park for kids.
@masterspin7796
@masterspin7796 Год назад
But you are always on edge about having to relocate it's not permanent it feels different than owning your own piece of the earth...
@crimineyjenkins1
@crimineyjenkins1 Год назад
@@masterspin7796 I'm not on edge. I pretty much lived like this my whole life. I feel suffocated staying in one place.
@masterspin7796
@masterspin7796 Год назад
@@crimineyjenkins1 For sure...Im getting ready to make another move myself...
@jens7898
@jens7898 Год назад
@@crimineyjenkins1 Do you find it difficult to find decent parks? I've read that it has become difficult.
@danadobbs3397
@danadobbs3397 Год назад
Help it's happening in wolhurst. Littleton. Buyer is haven park. That's a senior park of 301 homes. SOS Save our Seniors!!
@barnabybones2393
@barnabybones2393 Год назад
Municipalities better start passing ordinance and laws discouraging absentee landlords. Neighbors generally treat people better than shareholders.
@billdavis6978
@billdavis6978 2 года назад
Make Colorado Cowboy Again!
@tomper2204
@tomper2204 2 года назад
Realize this, the parks in my part of the country that speak mostly non English , are not living on fixed income social security check, but they are getting free health care and ebt cards for free food. Sure does help offset the cost of living. Guess what is causing the housing shortage?
@01jbeals
@01jbeals 2 года назад
Lol you poor thing. You’re wildly misguided. Do you know what a fallacy is? 😂
@tomper2204
@tomper2204 2 года назад
@@01jbeals I see it first hand every day, you must be blind to it.
@01jbeals
@01jbeals 2 года назад
@@tomper2204 lol Ah yes, from the old white guy who thinks his own personal experience makes up society at large. Oh boy oh boy if society ran solely off of what people like you “see with their own eyes” we would seize to be the most powerful nation on earth. Also, it would be worthwhile to reread your own comment, as it literally contradicts itself & just makes zero since lol.
@GW-gz8jh
@GW-gz8jh 4 месяца назад
@@01jbealshousing affordability declines when there’s more demand than supply. We are having masses of people relocating into the country currently that are contributing to the already existing housing crisis. It really is that simple.
@01jbeals
@01jbeals 4 месяца назад
@@GW-gz8jh I’m not quite sure what to think of your comment.
@murraychadwick9362
@murraychadwick9362 Год назад
I always knew growing up I would need a place to live. When I was a senior in high School In 1980 I bought my mobile home for $1,250. I went driving around in the country looking for land for sale and I came across an empty lot. I went to the courthouse to find out who owned it. It belonged to a judge who forgot all about it. He said you look like nice people how does $2,500 sound 🙂? 😧😯😳 I said "SOLD! I went to the bank, got the money and bought it. I have lived here ever since 😂. I have kept up all the repairs and my trailer is still in great shape. 40 years of no rent, no landlords, no rules ☺️. I didn't have to worry when COVID-19 hit. If something needs repaired I fix or replace it. One acre of land is plenty for what I need. 😊
@rubymckinley4909
@rubymckinley4909 2 года назад
Refreshing story, beautiful people.
@rockystaatz521
@rockystaatz521 2 года назад
Thanks for covering something that everyone has ignored
@davejarvis7522
@davejarvis7522 Год назад
Whatever land, or business or any kind of property you own can be and should if you want be sold to the highest bidder or to whom ever YOU as the owner wants to sell it to,. It's called property rights of the owner. Government should and cannot be involved in any other transaction
@ColonelKlink100
@ColonelKlink100 2 года назад
The renter-owned parks are nice, but what about the poor rich people who can't double the rents and get rich off or them? What ever will they do? 🥺
@johndefalque5061
@johndefalque5061 Год назад
I could easily ammortize a fabulous 40' trailer for $425 a mo. over 20 yrs. but the rent on the land underneath it, would cost several times more.
@kathrynrodlun8514
@kathrynrodlun8514 2 года назад
So happy for them!
@xavierclayton9990
@xavierclayton9990 Год назад
No you’re not.
@sunlite9759
@sunlite9759 2 года назад
Low income housing was built all around the country. ....and destroyed by the people that lived there. Many were torn down because of that.
@ditavalerio615
@ditavalerio615 2 года назад
I will never understand ppl complaining about the housing yet pregnant ??? I think my priority would be making sure I have a home myself before bringing children into unstable housing situations.
@enhancedsimplicity9708
@enhancedsimplicity9708 2 года назад
I think the same thing All the time Myself... I just Don't get it 🤷🏾‍♀️
@ditavalerio615
@ditavalerio615 2 года назад
@@enhancedsimplicity9708 I found out it’s a woman that thinks the man should take care of her and the kids - Well women and kids used to stay home and grow their own food too - I could see if man was working and woman and kids were farming , but how long ago was that - now they just have kids and complain to government “we need housing and food my husband doesn’t make enough money to support us” it’s so ridiculous
@naughtydogs248
@naughtydogs248 2 года назад
Maybe be a nun
@ditavalerio615
@ditavalerio615 2 года назад
@@naughtydogs248 maybe get castrated
@madreep
@madreep 2 года назад
Maybe it was an accidental pregnancy. Regardless, expect to see more of that with abortion access being taken away
@Grellsutcliff100
@Grellsutcliff100 5 месяцев назад
The problem with mobile homes is even if they own the land underneath them. Eventually, housing regulations and code enforcement will tell these people. Hey, look, your trailer is too d*** old, it's gotta go. I live in an area where I've watched 4 trailer parks destroyed because of that.
@gulfgypsy
@gulfgypsy Год назад
We bought a lovely manufactured home in a 55+ park --- It had a golf course, wonderful pools, incredible community center. When we bought we were verbally told that the park was going to install new sod and irrigation once we moved in. Ha! Never happened. After my husband passed I decided to sell because between the 'lot lease' and property taxes the monthly cost was approaching a $1,000 a month --- I sold, used the money for a down payment on a small home with an HOA - Even with the HOA fees, mortgage and property taxes, it was about $200 less a month than the the monthly cost of the 55+ park. Buyer beware! After moving out I heard absolute horror stories about retirees who had lived there for 15 to 20 years and now were reaching the point where they couldn't afford the 'lot lease' and their manufactured home is now worth a fraction of what they paid, leaving them in a very bad situation.
@seviregis7441
@seviregis7441 2 года назад
Housing, medical, dental, basic food sustenance, baseline utilities, and mass transit should be free to all Americans. If it was, we’d have the strongest economy in the world. There would be NO poverty. Real estate, housing, should NOT be an investment sector. The industries I stated should not be profit sectors, they should be public service. Now, if a person desires more than that which is provided, then they would purchase it. But there should be huge free barter, or repurposing warehouses where nothing goes to waste, but continues to be re-utilized until it is beyond repair. This Country is a mess and everything is WRONG. If we don’t completely revamp our way of doing things, we will soon crumble, as we’re crumbling now.
@nicoresnik2943
@nicoresnik2943 4 месяца назад
I think Sandra’s example demonstrates why low rent cost are much more profitable for the area then high ones. Sandra spent her rent deduction on work for her house, meaning instead of sending that money to a corp she gave blue collar contractors in the community work. Putting in the regulatory effort to ensure that rents are low might be costly in the short term but will pay itself back many times over with the increased economic activity from the benefiting residents
@eileeneclark9011
@eileeneclark9011 2 года назад
8/2/22...Wonderful but scary video. Lots of info that most ppl don't know. SAD b/c housing has become so expensive BUT even worse with today's inflation! Thank goodness I found/decided to buy in a mfg home community with each person OWNING their 1/3 acre lot as well as the well-kept mfg house permanently moved there. I have lived here 8 yrs this month...but it's value has JUMPED HIGHER just this past year. I could sell + get twice what I paid...but where would I move with my elderly dog? ONLY place that allows a fence + my dog is my 1st consideration as well as my security/companion/family. NOT to mention STRICT DEED RESTRICTIONS + HOA MONITORING OF ALL UP-KEEP. 55+ is definitely the best way for home ownership on Soc Sec + having health issues.
@dcg590
@dcg590 2 года назад
So you’d rather be homeless than rehome your dog?
@Yellowbanana2024
@Yellowbanana2024 2 года назад
Her dog is her everything. She shouldn't have to even consider getting rid of someone she loves
@vickischlatter1458
@vickischlatter1458 2 года назад
You’re wrong on one major point, you’re not living in your car in a rented garage. Much easier to back a car out of a garage than move your entire home.
@sandrabentley8111
@sandrabentley8111 Год назад
How much is your HOA every month?
@eileeneclark9011
@eileeneclark9011 6 месяцев назад
$180./yr....since I moved here....BUT went up to $200./yr as of Jan 2024 due to higher FL insurance rates with hurricanes 🌀+ inflation. We only have clubhouse + BBQ/old shuffleboard court here... We also have nice small lake where the various area birds congregate every day/evening. ​@@sandrabentley8111
@Flo-Joe.W
@Flo-Joe.W 2 года назад
Yup , I live in one , I was worried when we bought in here . Started out with low rent , we put tons of money into the home . My husband passed and now I’m stuck here , the rent goes up twice a year and we can’t do anything about it . Couple more years and I’ll be out of my home . And yes they evict you and take your home .
@LilyGazou
@LilyGazou 2 года назад
Buy an RV and sell your home.
@Flo-Joe.W
@Flo-Joe.W 2 года назад
@@LilyGazou I have thought of that , I’m too old to live in one
@LilyGazou
@LilyGazou 2 года назад
@@Flo-Joe.W my heart goes out to you. Lindy & Lovie channel is managing it. Also a lady named Moonglow. It has challenges for sure. A friend of mine lives in an apartment in Key West and the rent will be going up- I told him he needs to make some kind of plan. SS isn’t going up enough to cover it.
@jimhester3731
@jimhester3731 2 года назад
So sad. This is one of the reasons (greed of the 1%) America is going downhill in a big way. To the 1%, you can't spend that money in the next Life. Be kind to everyone. 🙂🙏❤
@jens7898
@jens7898 Год назад
Well the globalist's goal is feudalism. "It's 2030 and YOU OWN NOTHING...." They aren't kidding when they say that. And that means THEY OWN IT ALL. They can't control everyone unless everyone is destitute. Then you'll have to take your poison shot if you want to eat.
@yixnorb5971
@yixnorb5971 Год назад
I can't even fathom owning a home on someone else's land
@dorothylimbrick9573
@dorothylimbrick9573 2 года назад
Stop having kids you can't afford.
@cpruns4501
@cpruns4501 2 года назад
This is basically the last generation who could potentially "buy" a piece of this earth. 20-30 years from now it will be for the ultra rich or for those who can pass it down from generation to generation. It's all about the land!
@cravinbob
@cravinbob 2 года назад
Housing costs will crash soon so hold off. And dump your city council.
@thewiseguy3529
@thewiseguy3529 2 года назад
Some of these mobile homes are so old they can't make a move. Very sad
@Toltecgrl
@Toltecgrl 2 года назад
Well in CA the rent for the land is more than the mobile home payment 🤦🏽‍♀️
@Alaninbroomfield
@Alaninbroomfield 4 месяца назад
Why aren't there any co-op type ownerships of these trailer parks? The city could easily mandate it by law for any new ones, although I don't know about already-existing ones.
@coffeecup3177
@coffeecup3177 2 года назад
How are the nice residents of the Westside Park going to pay back the $5.5 million loan without raising the rents? In addition some of the parks look a little dated. That also costs money clean up and dispose of the heavy items. I wish them luck.
@jefflewis4
@jefflewis4 2 года назад
They will probably have to raise the rents, but it won't be double what their previous rents were which is what the other buyer likely would have done (they had done it another park the previous year). The big difference is their rents will stabilize after that, any rent increases they will all have to agree on. The site sold for 5.6 million. The park has 60 lots so if they had a 30 year loan, each resident would be paying about $350 per month just to pay back the loan.
@jimmydee1130
@jimmydee1130 2 года назад
@@jefflewis4 ......which would be a screaming deal. Even for that POS I suspect lots rents were higher than that.
@mph5896
@mph5896 2 года назад
@@jefflewis4 Plus all the other costs to keep the place up. Prob double the $350 a month per space. So $700 a month for each space is not terrible in CO.
@cherylcampbell7495
@cherylcampbell7495 2 года назад
MHVillage advertising is a great source for mobile home buying. Oceanside, ca. San Louise Rey. Own the land and the mobile home. Only place I could find. Lot rent is ridiculous. Rip off and greed.
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