We hear and read people’s opinions about various aspects of the MH business based on past situations and experiences. Some focus on their circumstances of the present only. But life is dynamic, and the present should be a preparation for future expectations universally.
I find it reasonable to assume that the demand for the services we offer will increase substantially in the future when compared with other housing accommodations and various demographics. A few reasons (without order):
MH’s are, and will be, the most affordable housing available.
The living standard of the vast majority of families will be materially reduced as unemployment increases and wages continue to decline as we compete with Asian cultures.
America’s economic hegemony, the value of the dollar as the world’s reserve currency, is waning, which could conceivably result in a (world) currency crisis.
How about a Black Swan: a natural or man-made catastrophy caused by “unintended consequences,” though obviously in the cards?
I believe that we are in the eye, the calm, before the worst of economic and social storms will descend upon us. The bottom line is that affordable, decent housing will be more and more in demand in most US geographic locations as time progresses. Consequently, supply your market with what it wants and enjoy the fruits of your efforts. Remember that, generally, people will shop for the best accommodation (housing) their money will buy.