It sounds like the government has been pushing back on mobile home manufacturers given the exorbitant interest rates that are being charged to those financing purchases of new homes (including the MHP owners who do rent to own) and people are realizing that there is no reason to buy a $100,000+ mobile home which gets depreciated over time when one can buy a “real” $120,000 home with a plot of land that goes up in value. I have also heard from a number of sources (hearsay) that there has been a steep decline in people buying new homes in the past few years and that once the current homes get old there really aren’t going to be many more people buying new homes. The concern is that this will cause many of the mobile home manufacturers to go out of business and negatively impact MHP owners.
Anyone have any thoughts on these concerns?
Also sounds like MHP manufacturers are starting to get some bad press: