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Sunday Morning Manufactured Home Industry Research, Reports, Headline News Recap 7.8.2018 to 7.15.2018

July 15th, 2018 No comments
SundayMorningManufacturedHousingIndusryNewRecapMHProNewsLogoDaliyBusinessNewsMHProNews7.8.2018to7.14.2018

Trivia note: that’s how the MHProNews home page looks like on that iPad screen, just moments before the Sunday Morning weekly recap is published. We do get typos, but we also sweat the details, all for thousands of industry readers like you.

Albert Einstein, Zig Ziglar, Martha C. Nussbaum, and Manufactured Housing

 

There are those who mistakenly think they don’t understand the value of an honest critique

But the truth is that we all know the value of objective analysis, because we all rate things – be they spoken, written, expressed by 1 to 5 stars, social media likes, and the critiques one keeps to oneself.

AlbertEinstienZIgZiglarMarthCNussbaumManufacturedHousingDailyBusinessNewsMHProNews 

The manufactured housing industry stands at the edge of great potential. That’s the logic from various third-party factoids found on Saturday’s Daily Business News report, linked below.

HumanitiesValueBuisnessCriticismDissentWhenGoingAlongGetAlongWhereWhistleblowersDiscouragedBadThingsHappenBusinssesImplodeMarthaCNussbaumPhotoQuote

Design by MHProNews.

How does a manufactured housing industry professional, advocate or investor best tap into the potential of manufactured homes during this raging affordable housing crisis?

WeCannotsolveOurpRoblemsWiththeSameThinkingWeUsedWhenWeCreatedThemALbertEinsteinQuoteManufacturedHouusingIndustryMHProNews

In part, by understanding reality.

The ideal balance for achieving that reality check is SWOT. 

SWOTAnalysisDailyBusinessNewsMHProNews

The four quads of a good SWOT analysis. Strengths, Weaknesses, Opportunities, Threats.

Part of SWOT is identifying threats and weaknesses. Those who only do cheer leading are arguably hobbling progress.

TheFirstStepInSolvingAProblemIsToRecognizethatItDoesExistZigZiglarDailyBusinessNewsMHProNews

SWOT is a critical analysis, using a different phrasing. 

It’s like an employee evaluation, the more objective it is, the better. After all, the principle is that one gets more of what we encourage, and less of what we discourage, right?

 TurthSoundsLikeHateToThoseWhoHateTheTruthQuotePrismDailyBusinessNewsMHProNews

The truth or evidence can be disturbing, but usually it’s uncomfortable because it’s misunderstood, or due to someone being in denial.

No good parent or coach let’s a child or team mate keep making the same mistakes without guidance. No good doctor would fail to warn a patient about risks to life or limb.  All of those are examples of critiques.

The quotes from Martha C. Nussbaum, Albert Einstein, and Zig Ziglar are useful reality checks from respected minds, that come from a variety of disciplines.

 MarthaCNussbaumAmericanPhilosopherLegalScholarWikiManufacturedHOusingIndsutryDailyBusinessNewsMHProNews

For baseball or sports fans, Tony reminds me periodically of the Mickey Mantle quote shown.

 

ItsUnbelievableHowMuchYouDontKnowAboutGameYouveBeenPlayingAllYourLifeMickeyMantleBaseballHallFameMastheadManufacturedHousingIndustryCommentaryMHProNews

What hall of famer Mickey Mantle said about baseball applies to manufactured housing too.

When an industry that has as much potential as manufactured housing has today  – and yet is still underperforming – there must to be objective reasons for it.

IfIHadAnHourToSolveAProblemIdSpend55MinutesThinkingAboutthePRoblemAnd5MinutesThinkingAboutsolutionsAlbertEinsteinquoteMHProNews

Objective analysis and critique are essentially for growing a business or location’s sales, and thus the industry to its potential.

The quotes shown remind readers that critique is useful, necessary, and – surprisingly! – positive, but only when it is properly viewed and understood.

KnowledgeIsNoGuaranteeofGoodBehaviorButIgnoranceisaVirtualGuaranteeofBadBehavior-MarthCNussbaumPhDQuotePhotoManufacturedHousingIndustryProNews550x315

On MHProNews, we hunt for, curate, and share information that’s designed to inspire superior performance for those who tune in, objectively think matters through, and thus ‘get it.’

With those insights and thoughts in mind, let’s dive into the headlines from the week in review.

 

What’s New on MHLivingNews

 

MHLivingNewsImprovedLivingForLe$$taglinedropshadow

MHLivingNews features lifestyle and living news on prefab housing, with a focus on manufactured homes.  It’s the industry’s most robust, facts and evidence based educational website for the general public.

Exposé! Heartbroken Conventional Housing Buyers? Dare to Compare Site Built with Modern Manufactured Homes

Exposé! Heartbroken Conventional Housing Buyers? Dare to Compare Site Built with Modern Manufactured Homes


What’s New on the Masthead

 

Profits, Understanding Human Events, and Manufactured Housing

Profits, Understanding Human Events, and Manufactured Housing

 

What’s New on the Cutting Edge

 

Savvy Stealth Marketing – and “Product Placement” Storytelling

Savvy Stealth Marketing – and “Product Placement” Storytelling

 

What’s New on the Daily Business News

DailyBusinessNewsLogoMHProNewsLogo (1)

Saturday 7.13.2018

7 Reasons Why Manufactured Housing is Poised to for More Rapid Growth

7 Reasons Why Manufactured Housing is Poised to for More Rapid Growth

 

Friday 7.12.2018

Really? Taxes are Cut, Tax Collection and Revenue Grows?

Really? Taxes are Cut, Tax Collection and Revenue Grows?

Stocks Just Did What? Plus Manufactured Housing Industry Market Updates

 

City Fighting to KEEP Dozens of Manufactured Home Communities

City Fighting to KEEP Dozens of Manufactured Home Communities

Friday the 13th, Mobile Homes, Fires, Tornado Magnets and the 2020 U.S. Census

Friday the 13th, Mobile Homes, Fires, Tornado Magnets and the 2020 U.S. Census

 

Thursday 7.11.2018

Capitalism, Socialism, & Manufactured Housing

Capitalism, Socialism, & Manufactured Housing

“Protecting & Promoting Competition” Stunned Defendant, as DOJ OK’s Anti-Trust Appeal, Plus MH Market Updates

“Protecting & Promoting Competition” Stunned Defendant, as DOJ OK’s Anti-Trust Appeal, Plus MH Market Updates

Manufactured and Modular Housing Factoids, and Profitable Analysis

Manufactured and Modular Housing Factoids, and Profitable Analysis

Investors, Heartbroken Home Owners, Site Building Giant DR Horton, and Manufactured Housing

 

 

Wednesday 7.10.2018

DOJ Anti-Trust Division Looking to Appeal Decision, Plus Manufactured Housing Market Updates

Proper Definitions, Mobile Home, Manufactured Home, or Trailer House – Civil Rights, Respect, Public Policy, & Value Issues

Proper Definitions, Mobile Home, Manufactured Home, or Trailer House – Civil Rights, Respect, Public Policy, & Value Issues

“Fear Mongering,” and Manufactured Housing Advancement

“Fear Mongering,” and Manufactured Housing Advancement

How Warren Buffett Built Berkshire Hathaway Investment Empire, Infographic

How Warren Buffett Built Berkshire Hathaway Investment Empire, Infographic

 

Tuesday 7.9.2018

Texas Commission Talks West Texas Oil Boom, Plus Manufactured Home Market Updates

Forbes Boast$ about Manufactured Home Community Operation

Forbes Boast$ about Manufactured Home Community Operation

“RESTORING THE RULE OF LAW TO MANUFACTURED HOUSING REGULATION” – MH Leader Call to Action

“RESTORING THE RULE OF LAW TO MANUFACTURED HOUSING REGULATION” – MH Leader Call to Action

Dog Whistles, as Epic Battle for Business Effecting Manufactured Housing, Others Looms

 

 

Monday 7.8.2018

U.S. vs China, SCOTUS Pick, Biz Effects, and MH Market Updates

“Unconstitutional Taking,” “Gentrification on Trial” in Recent Oak Hill Manufactured Home Community Ruling

“Unconstitutional Taking,” “Gentrification on Trial” in Recent Oak Hill Manufactured Home Community Ruling

Beautiful Dreamers, Looks vs. Results? Monday Morning Manufactured Housing Sales, Marketing Meeting

Beautiful Dreamers, Looks vs. Results? Monday Morning Manufactured Housing Sales, Marketing Meeting

Winners and Losers, 5 Midwestern States, Manufactured Home Shipment Breakdown

Winners and Losers, 5 Midwestern States, Manufactured Home Shipment Breakdown

 

Sunday 7.7.2018

Sunday Morning Manufactured Home Industry Research, Reports, Headline News Recap 7.1.2018 to 7.8.2018

Sunday Morning Manufactured Home Industry Research, Reports, Headline News Recap 7.1.2018 to 7.8.2018

And that’s all she wrote, with a little hand from that other guy, during the week that was.  Stay tuned for some news and insights next week you won’t find anywhere else in MHVille.  That assurance comes with our money back guarantee. 😊 That’s News through the lens of Manufactured Homes, and Factory-Built Housing.” © “We Provide, You Decide.” © ## (News, analysis and commentary.)

(Third party images, content are provided under fair use guidelines.)

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Stocks Just Did What? Plus Manufactured Housing Industry Market Updates

July 13th, 2018 No comments

CNNmoney7.13.2018ManufacturedHomeStocksMarketsReportsMHProNewsFor the better part of the first six months of 2018, stocks on the Dow and other markets have reacted – mostly negatively – to a series headlines out of Washington, Beijing, North Korea, Canada, the Eurozone – you name it.  But today, after the so-called trade war – new tariffs – between the U.S. and China is already underway, and with tough talk with trading partners in NAFTA, Europe and Asia…the Dow just crossed 25,000 again, and the Nasdaq is perched near record territory. 

 

Check out our market focus for tonight.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, just beyond the Market Summaries for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” ©  It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Select bullets from CNN Money…

  • The Justice Department drove a stake in the heart of Comcast’s bid for Fox
  • ZTE can once again do business with American companies
  • Wells Fargo finds even more customers that it overcharged
  • Wells Fargo’s scandals are hurting its bottom line
  • Prices are rising faster than they have in six years
  • Justin Bieber and Katy Perry among Twitter users hit hardest by follower purge
  • JPMorgan Chase makes $8.3 billion profit thanks to ‘healthy’ US consumers
  • How do you rebrand Papa John’s when the problem is Papa John?
  • Papa John’s to remove founder’s image from ads
  • Papa John’s was already losing the pizza wars
  • Trump ratchets up ‘fake news’ rally cry overseas during UK visit
  • Britain probably can’t have what it wants with both the EU and the US
  • Google and Facebook could both be caught in the trade war
  • AT&T’s Randall Stephenson isn’t worried about Time Warner deal
  • Government appeals AT&T-Time Warner approval
  • US oil exports have more than quadrupled since 2015. That boom is now in danger
  • Apple is spending millions to clean up China’s environment
  • Ikea just delayed its big debut in India
  • MoviePass’ stock is 19 cents. The CEO says everything is fine
  • Northrop Grumman’s CEO is stepping down
  • Commerce Secretary Ross admits to ‘errors’ in failing to divest assets
  • Firm that designed Ferraris will make 250 mph electric supercar
  • Is the binge over for Netflix stock?
  • Another problem for Tesla’s Model 3
  • Apple’s MacBook Pros get a refresh
  • Airlines are starting to worry about rising fuel costs
  • India now has the ‘world’s strongest’ net neutrality rules
  • The US is fighting one of the world’s poorest countries over trade
  • Fighting with US on trade literally hurts our economic growth, EU says

Select Bullets from Fox Business

 

  • Dow hits 25K as it wraps winning week
  • S. stocks wrap winning week.
  • Amazon considers another business it could dominate
  • Big tech: Here’s where, and why, you should invest
  • Homeowners sitting on record equity, still afraid to take out loans
  • Rising interest rates are one reason homeowners are hesitant to take out loans.
  • UPS reaches tentative deal with union members
  • Justice Department charges make Mueller bulletproof: Judge Napolitano
  • What Amazon founder Jeff Bezos plans to charge for a trip to space
  • Instagram users hit with temporary outage
  • Papa John’s to stop using founder Schnatter’s image in marketing campaigns
  • Your gym membership could soon earn a tax break
  • AT&T CEO Stephenson ready to battle DOJ and win
  • Target offering deals on Amazon Prime Day
  • Meet the Shoe Surgeon, designer of $30,000 custom sneakers
  • Best and worst states for retirement
  • Justice Department to appeal AT&T-Time Warner case
  • Sun Valley Conference: Sinclair-Tribune deal nears DOJ approval

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.13.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

StockMarketGuysStaringManufacturedHousingIndustryDailyBusinessNewsMHProNews

U.S. stocks wrapped a winning week on Friday with the Dow Jones Industrial Average closing above the psychologically significant 25,000-point milestone, a one-month high,” said Fox Business. “The S&P 500, the broadest measure of stocks, reached a 5-month high and the Nasdaq Composite even better, sitting at a record. A string of new records for some big tech names helped drive the momentum as Amazon, Microsoft, Facebook and Google each hit all-time highs Friday.”

 

Outside of tech, the broader momentum on the final trading day of the week was powered by solid earnings reports from a handful of big banks and easing concerns over a prolonged trade war,” per Fox Business.

A growing range of voices are saying something similar to what the White House has said.  They expect revised trade deals to begin to emerge in the days ahead. Germany and others are signaling deals to come.

Stay tuned.

There were more risers than sliders in manufactured housing markets.  See the Bloomberg tracked stock closing ticker, below.

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.13.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

City Fighting to KEEP Dozens of Manufactured Home Communities

July 13th, 2018 No comments

 

CityPortlandORFightingtoKeepManufacturedHomeCommunitiesNotMobileHomeParksDailyBusinessNewsMHproNews 

We’re thrilled that it passed this first hurdle,” said Cameron Herrington to the Portland Tribune.  Herrington is the “anti-displacement coordinator for Living Cully,” which is described as a coalition of nonprofits campaigning to create the new protections for residents.

 

In 2016, the Portland Housing Bureau worked with a few nonprofits to buy Oak Leaf Mobile Home Park in Cully to prevent it from being sold to a developer. Despite that small victory for affordable housing advocates, the number of mobile home parks in the city has shrunk from 62 to 56 in the past two years, according to PSC’s website,” said Oregon Live.

The Portland City Council will now consider a proposal to create a “new manufactured home park zone for about 56 of the city’s mobile and manufactured home” communities.  The goal is to keep communities from being sold by their owners for redevelopment “for other, more lucrative uses and allow more stability for some 3,000 families,” said the Portland Tribune.The new zone was endorsed Tuesday by the Planning and Sustainability Commission in a 7-2 vote, sending the idea to the City Council for final vetting and approval.”

PortlandORLiveManufacturedHomeCommunityOlderMobileHomeManufacturedHomeInPhotoDailyBusinessNewsMHproNews

Portland OR is mulling legislation that’s cleared its first hurdle. If passed, it would make it more difficult for exisitng manufactured home communities to be sold for redevelopment.

So even as some cities and towns in the U.S. are fighting to close MH Communities, others are seeking ways to preserve them as a smart option for affordable housing.

Those manufactured home communities “provide some of the most affordable housing in Portland,” said Herrington, per OL.Certainly, the most affordable private market housing in the city.”

The battle for preservation vs. allowing property owners to sell as the law allows played out in the comments posted by readers.

Laura Hallett, the on-site manager at Arbor Park – who explained that she does not speak on behalf of the community’s owners, worries that when owners need higher profits, they will raise rents, making it a high-end property, said Oregon Live.

But that isn’t the message that the owners of the community are promoting with their YouTube video.

 

 

The video candidly admits to a significant rise in site fees after the new owners took over, but also stresses the improvements that have improved living conditions, and made it a far nicer place to live.

MHCs and Rent Control – Cure or Cause for Affordable Housing Crisis?

The dynamics of community ownership in areas where prices are rising are complex.  Many of the solutions that local jurisdictions seek – like rent control – actually makes the problem of sustaining affordable housing worse.

Rent Control in Manufactured Home Communities Inhibits New Development

What is certain is that addressing land-use, resident tenure, and property owners rights is an ongoing battle that routinely arises in various parts of the U.S. So the plan in Portland will have forces on both sides, for and against, lining up for the next round of the struggle.  For more details, see linked stories. “We Provide, You Decide.”  © ## (News, analysis and commentary.)

(Third party images, content are provided under fair use guidelines.)

Related Reports:

UPDATE: MHC Future in Doubt, the Other Side of Rent Control

“Unconstitutional Taking,” “Gentrification on Trial” in Recent Oak Hill Manufactured Home Community Ruling

Hundreds of New Manufactured Home Communities Opened, But How Many Have Closed? Industry Research Result$

 

“Why Advocates Need to Rethink Manufactured Home Quality,” Harvard, GSE, Genz, “High Satisfaction”

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Capitalism, Socialism, & Manufactured Housing

July 12th, 2018 No comments

BenShapiroDaveRamseyManufacturedHousingDailyBusinessNewsMHProNews

People are entitled to their own beliefs, but not to their own facts. Which should cause the open minded to ask, what are the facts?

 

Big government has been among the challenges for manufactured housing (MH) for decades.  So, this is a topic that matters to everyone who makes an honest living in America, including the professionals and investors working in MHVille.

Among the opponents for the manufactured home community sector, and other parts of the industry as well, is the anti-business group, MH Action.  They are often de facto arguing from a socialistic world view. The related report, linked below, can be read later for more depth about that group.

Manufactured Home Community Owner Alert, Rent Control, MHAction Plans Organized Action in Several States

Let’s state that the Daily Business News prefers to use the term ‘free enterprise’ rather than capitalism. Why?  Because the term ‘capitalism’ comes from the pages of the co-father of modern socialism, Karl Marx.

That disclaimer noted, manufactured housing professionals that have hired younger workers are likely to have people on staff who have been led to believe that socialism is good, and that capitalism is evil.

Thus the first video by millennial Ben Shaprio – attorney, writer and TV commentator – destroys the appeal of socialism during the first 2 minutes with a simple proposition that every open minded person can understand.  The rest of the video are useful additional insights, and related facts or logic.  Let’s note that it isn’t just the young that buy into or promote socialism, as Bernie Sanders aptly demonstrates.

 

 

Dave Ramsey isn’t a fan of manufactured homes, as the Daily Business News has previously reported. So, he is another example of the importance of selecting the wheat from the chaff, and we all produce both to various degrees.

 

 

These two videos are worth sharing with those team members who may have been propagandized into believing something contrary to the decades of evidence that proves that socialism doesn’t works.

Venezuela, Nazi Germany, Communist China or Soviet Russia-  before the later two abandoned pure socialism – are just some of the cases in recent world history why socialism doesn’t work.

It should also be noted that Nazis (“national socialist”) and communists in Russia and China are responsible for more deaths than anything else in world history.

“Death by Government,” Fascism, Communism, Socialism, ‘Big Brother,’ per Williams, Rummel and Owens

Socialism is un-American.  People have the right to believe in it, but they have the same right to believe in the tooth fairy.

People are entitled to their own beliefs, but not to their own facts. With socialism on the rise in America, each of us should do our part to fight off what is strangling Venezuela, Cuba, and other places past and present in the world. Each of us are either part of the solution, or part of the problem. “We Provide, You Decide.” © ## (News, analysis and commentary.)

(Third party images, content are provided under fair use guidelines.)

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

“Protecting & Promoting Competition” Stunned Defendant, as DOJ OK’s Anti-Trust Appeal, Plus MH Market Updates

July 12th, 2018 No comments

CNNmoney7.12.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe Department of Justice’s (DOJ) anti-trust division has the slogan, “Protecting and Promoting Competition.” It sums up why this issue matters to thousands of manufactured home industry professionals, and consumers. Rephrased, this rule could impact every manufactured home industry professional, regardless of what company or organization you are working for today.  The update on the anti-trust case will be tonight’s spotlight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, just beyond the Manufactured Housing Composite Value for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” ©  It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • MoviePass stock is 19 cents. CEO says everything is fine
  • Why investors should worry about plunging copper and soybean prices
  • Is the binge over for Netflix stock?
  • Nike’s digital reboot is working
  • US-China trade brawl threatens America’s booming oil exports
  • India now has the ‘world’s strongest’ net neutrality rules
  • Airlines are starting to worry about rising fuel costs
  • Britain wants to do more business with America. Its plan for Brexit won’t help
  • Uber saved its London business. Europe may be tougher to crack
  • Europe says trade fight with US will hurt economic growth
  • The US is fighting one of the world’s poorest countries over trade
  • Stitch Fix wants a piece of the kids’ clothing market
  • Why perks aren’t the answer to employee retention problems
  • The crippling US ban on ZTE is almost over
  • Tesla ‘whistleblower’ tells SEC carmaker misled investors and put customers at risk
  • Papa John’s chairman resigns after using N-word on conference call
  • Robinhood expands crypto offerings
  • Comcast outbids Fox in the fight for Sky
  • Rupert Murdoch plans new Sky bid
  • Buying Fox would make Disney the ‘Walmart of Hollywood’
  • Business Insider columnist quits after Scarlett Johansson story deleted
  • Disney bets on eSports
  • Uber’s HR chief is out after a racial discrimination probe
  • The world’s most important business link is at risk
  • The US is running out of Chinese exports to tax
  • Can kitchen tech reduce excessive food waste?
  • Pfizer’s not the only drug company raising prices
  • 10 years ago: IndyMac collapses and starts a flood of bank failures
  • Germany’s not the only country that still needs cheap Russian gas

Select Bullets from Fox Business

  • Best and worst states for retirement
  • Justice Department to appeal AT&T-Time Warner case
  • Stocks rebound after tariff threat sell-off
  • Rising oil demand may outstrip supply, boosting economy
  • Importers snap up cheap US soybeans as China stops buying
  • Why Trump slammed Germany for gas pipeline deal with Russia
  • Wealthy investors find lucrative tax loophole
  • Netflix tops HBO in Emmy nominations amid spending push
  • Forbes faces backlash over dubbing Jenner a ‘self-made’ almost-billionaire
  • No more tickets? MLB fans will soon use fingerprints, facial recognition instead
  • Papa John’s Chairman Schnatter resigns after using racial slur
  • Tesla customers could lose thousands in tax credits next year
  • Microsoft may relocate jobs over Trump immigration policy
  • Higher living costs outrunning pay hikes
  • Monsanto to get flooded with thousands of cancer-related lawsuits
  • Why South Dakota is now ranked the best state to retire
  • Trump tariffs would do ‘opposite’ of tax cuts, retail experts warn

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.12.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.12.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

DOJFTC-AntiTrustProtectingPromotingCompetitionManufacturedHousingINdustryDailyBusinessNewsMHproNews

CNBC confirmed today the report broken last night by Fox Business and spotlighted in our topical curation for manufactured housing industry professionals.

Per CNBC:

  • Justice Department authorized the appeal of the Time Warner-AT&T merger
  • The AT&T-Time Warner merger was “won approval in June from a federal judge, who did not impose conditions on the merger.”
  • The Justice Department argues that the combined company would decrease competition and raise prices for consumers.
  • While there are legal authorities on both sides of this issue, there are those who believe that some of the concerns raised in this anti-trust deal, could apply to Clayton Homes, Berkshire Hathaway, and their associated lending units.

The updated video by Fox Business – made available to MHProNews less than an hour ago – is shown below.

The link to yesterday evening’s more detailed report – with links to several related issues and thus potential impacts Berkshire Hathaway, Clayton Homes, et al, is found in the report linked below.  Berkshire Hathaway slid a fraction today.

DOJ Anti-Trust Division Looking to Appeal Decision, Plus Manufactured Housing Market Updates

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.12.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

DOJ Anti-Trust Division Looking to Appeal Decision, Plus Manufactured Housing Market Updates

July 11th, 2018 No comments

CNNmoney7.11.2018ManufacturedHomeStocksMarketsReportsMHProNewsDepending on who you ask in MHVille, the AT&T/Time Warner deal ruling either has little meaning for manufactured housing companies, or it may have real significance. What is now being revealed, is that the Trump Administration DOJ is considering an appeal.  That will be our focus for this evening.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, just beyond the Manufactured Housing Composite Value for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” ©  It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Trade war? Here’s why investors should really worry
  • Why the Dow is getting left in the dust
  • Mohamed El-Erian explains the big risks investors face
  • Europe and the US have the world’s most important business ties
  • Foreign investment in the United States plunged 32% in 2017
  • Analysis: Will Brian Roberts lose it all?
  • Oprah expands her food empire
  • Twitter is purging suspicious accounts from your follower count
  • Facebook faces maximum fine in UK for data scandal
  • A Russian company also had access to Facebook user data
  • YouTube says it has a plan to stem the flow of ‘fake news’ videos
  • Apple and Google face questions on smartphone data privacy
  • Tim Hortons is moving into China
  • Pfizer freezes price hikes after Trump complains
  • Wall Street has Trump whiplash
  • Tickets for Sean Spicer book launch party going for up to $1,000
  • Tax cut triggers $437 billion explosion of stock buybacks
  • Germany isn’t the only country that still needs cheap Russian gas
  • India pours $305 million more into its money-losing airline
  • China is owning the future of cars. German automakers want in
  • Tesla is going big in China
  • How Thailand became the ‘Detroit of Asia’
  • The retirement mistake that could cost you $100,000 or more

 

Select Bullets from Fox Business

  •  Solicitor general balking at DOJ plan to appeal AT&T-Time Warner deal
  • Oil down 5% as new supplies cause traders to sell
  • Trump rally: Hottest sectors since Election Day
  • Stocks slide as US prepares $200B in tariffs on Chinese goods
  • China says will hit back after US proposes fresh tariffs on $200B in goods
  • Future of Fox entertainment assets in focus at Sun Valley conference
  • Papa John’s founder apologizes for using racial slur, shares sink
  • Kylie Jenner set to be the youngest-ever self-made billionaire
  • Macy’s data breach exposed credit card information for some online shoppers
  • Congress eyes truck driver shortage solution
  • Oprah just invested a ‘significant’ amount into this restaurant business
  • Monsanto to get flooded with thousands of cancer-related lawsuits
  • Tax law to make divorce proceedings messier
  • Trump ups NATO contribution target as allies lag on defense spending
  • Kavanaugh could make red wave probable in Senate come November: Varney
  • Will Comcast try to outbid Fox for Sky?
  • Feds order shut down of Vermont immigrant investor center
  • Why Fastenal Company Stock Popped 10%

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.11.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.11.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

AntiTrustDivisionDeptOfJusticeManufacturedHousingIndustryDailyBusinessNewsMHproNews

Depending on who you ask in MHVille, the AT&T/Time Warner deal ruling either has little meaning for manufactured housing companies, or it may have real significance. What is now being revealed, is that the Trump Administration DOJ is considering an appeal.  That will be our focus for this evening.

 

Obvious disclosure, we are not attorneys nor are we the even more specialized class of lawyers and legal scholars who work on anti-trust related issues.

That said, in recent years, as MHProNews has covered periodically, concerns about Berkshire Hathaway, Clayton Homes, and allegations of monopolistic practices have been brewing.  The Seattle Time revealed what MHProNews readers already knew, namely, that federal officials are looking at several issues that involve Clayton and their lending related units, Vanderbilt Mortgage and Finance (VMF), and 21st Mortgage Corp. (21st).

As an FYI, there is an unrelated story about 21st and their lending that is brewing, which we plan to bring in the days ahead as the details become more clear.

Against that backdrop, the word that there is a battle within DOJ to appeal the AT&T case loss is noteworthy.  Fox Business’ Charlie Gasparino comments on the developments in this video. That said, the DOJ antitrust division is looking to appeal AT&T-Time Warner ruling, reports Charlie Gasparino.

 

 

Antitrust officials in the Justice Department (DOJ) have privately decided to appeal a federal judge’s approval of AT&T’s planned $85 billion takeover of Time Warner, but are facing resistance from the most important player in the process, the office of the U.S. Solicitor General.

 

The Fox Business Network has learned from people close to the DOJ’s antitrust division that an appeal of the landmark ruling by U.S. District Judge Richard Leon is all but a certainty if Solicitor General Noel Francisco approves the action.

But that approval, which is being sought by antitrust chief Makan Delrahim, faces resistance from the Solicitor General’s office, which must approve any appeal made by the DOJ either in federal courts or the Supreme Court, these people said.

The view in the Solicitor General’s office is that the government has limited capabilities of successful appeals and you don’t want to squander those on cases that are borderline,” said one government official who spoke on condition of anonymity,” said the Fox report.

Gasparino makes it sound like the anti-trust attorneys involved believed their odds are good.

That said, whatever the decision in this particular case, it supports the notion that in the foreseeable future, more anti-trust cases may be heard.  Will Clayton, 21st, VMF and Berkshire Hathaway be among them?  Or what about Amazon, Facebook and Google’s parent company, Alphabet?

Time will tell, stay tuned.

Related Reports:

Facebook, Marketing & News – Manufactured Housing Pros, Sarah Miller, ‘Citizens Against Monopoly’ Sound the Alarm

Breakup “Massive Power” of Giants, “Subvert Our Democratic Process” Says Senator Cruz, & MH CEO’s Call for “Fully Competitive Housing Access”

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.11.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

Texas Commission Talks West Texas Oil Boom, Plus Manufactured Home Market Updates

July 10th, 2018 No comments

CNNDowJonesIndustrialAverage7102018ManufacturedHousingIndustryDailyBusinessNewsMHproNewsWest Texas. South Dakota. Louisiana. Oklahoma. These are just some of the places that oil, natural gas, and energy have and are creating or supporting jobs that have sold thousands upon thousands of factory built housing units. Tonight’s spotlight focus is an interview with the Texas Commissioner who keeps his eye on the oil industry there.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, just beyond the Manufactured Housing Composite Value for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” ©  It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Univision flip flops on digital strategy, explores sale of Gizmodo and The Onion
  • Trump launches new tariffs on China
  • Tax cut triggers $437 billion explosion of stock buybacks
  • Tesla is going big in China
  • Wall Street has Trump whiplash
  • Trump slashes funding that helps people sign up for Obamacare
  • China is owning the future of cars. German automakers want in
  • The oil market’s shock absorbers are nearly gone
  • Facebook will chip in for users’ birthday fundraisers
  • Microsoft unveils Surface Go to take on iPad
  • Whole Foods announces its Prime Day deal
  • The last Sears in Chicago is closing
  • The United States could be spared the worst in a trade war
  • Why Corporate America is recruiting high schoolers
  • Tesla raises prices in China by 20% in response to tariffs
  • India’s tech firms grow in popularity with country’s grads
  • How Thailand became the ‘Detroit of Asia’
  • These are banned in some cities. The company is valued at $2B
  • Russian company had access to Facebook user data through apps
  • Bitcoin is down 66%. But it still may be the future of money
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Bitcoin prices have been manipulated, study says
  • Russian farmers are ditching the ruble for a new cryptocurrency
  • Bitcoin could ‘bring the internet to a halt,’ banking group warns
  • Smucker is saying goodbye to Pillsbury and its doughboy
  • Pepsi stock pops on strong snack sales
  • Starbucks is removing plastic straws from stores
  • What’s killing Big American Beer?

 

Select Bullets from Fox Business

  • Trump preparing additional tariffs on $200B in Chinese goods
  • The U.S. revealed a list of Chinese goods it will target.
  • Stocks extend winning streak with economy in focus
  • Americans quitting their jobs for better opportunities
  • The ETF market could get a lot bigger – here’s why
  • Some tips for saving on prescription drug costs
  • Oil industry building pipelines to address America’s biggest energy roadblock
  • The big money behind Trump’s Supreme Court pick
  • A deeply conservative political group spent more than $1 million on ad campaigns.
  • Tax law mistake hurting retailers, restaurants
  • This Honda lawn mower will go 150 mph
  • Trump bashes NATO members: Who pays what?
  • Panthers ‘obligated’ to keep Jerry Richardson statue, new owner David Tepper says
  • Yankees’ Cashman, Arizona Cardinals owner back Trump’s Supreme Court pick
  • Used-car prices keep climbing
  • Winners and losers of Trump’s decision to halt ObamaCare payments
  • Global businesses look to this company for help navigating tariffs
  • Walmart set to enter New York City, but not its stores

 

Today’s markets and stocks, at the closing bell…

 YahooClosingMarketsTickers7102018DailyBusinessNewsMHProNews

Manufactured Housing Composite Value (MHCV)

ManufacturedHousingCompositeIndexManufacturedHomeIndustryDailyBusinessNews7102018

One month of data.

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Today is the 4th day of rising markets, as investors are beginning to shrug of the tough talk on trade wars.  But will the announcement of another $200 billion in tariffs targeting China announced late today impact traders?  Time will tell.   A spotlight on Sun Communities is found, linked below.

Forbes Boast$ about Manufactured Home Community Operation

But tonight’s focus is West Texas oil.

Texas Railroad Commissioner Ryan Sitton on efforts to boost pipeline capacity to keep up with drilling at the Permian Basin.  Sitton is the Texas official charged with keeping tabs on the oil industry, and he admits that the supply is outpacing oil pipeline capacity.  He says that that will be corrected through construction in the next 12 to 24 months.

 

As crude oil prices rise over a range of issues, including tensions with Iran, and Russia, U.S production will be ever more important. Another item to keep an eye on for the industry will be when activity starts taking place in ANWAR – which was opened up by legislation enacted by the Trump Administration. That might, just might, cause a wave of factory built homes moving “north to Alaska” at that time.

RyanSittonTexasRailroadCommissionManufacturedHousingINdustryDailyBusinessNewsMHprONews

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

BloombergWatchlist7102018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Forbes Boast$ about Manufactured Home Community Operation

July 10th, 2018 No comments
ForbesboastsAboutManufacturedHomeCommunityOperationsManufacturedHousingNotMobileHomeParksDailyBusinessNewsMHProNewsLogo

The image above was used by Forbes, but a more accurate photo of the operation is shown further below.

When Jon Markman reveals much with his first paragraph in Forbes, which said: “Since 1975, Sun Communities has been flying under the radar. Managers have been buying and operating trailer parks.1 And they have been making a fortune for shareholders.”

 

Markman’s bio says Analyzing tech stocks through the prism of cultural change. “I am an investment adviser, trader, columnist and author based in Seattle. I publish or edit four daily publications: Strategic Advantage, on long-term investing…”  He is also president of Markman Capital Insight.

This month, the Michigan company saw its shares sprint to a record high, matching the move made by the Russell 2000 small-cap stock index,” said Markman. “Something big is happening with smaller-cap stocks. Investors should pay attention.”

Sun Communities (NYSE:SUI) is anything but flying under the radar, as even an industry outsider can rapidly confirm.

Bloomberg, NYTimes, Nasdaq, Seeking Alpha, and Simply Wall Street are some of the over 12 million hits on a quick Google search on this date revealed for Sun Communities.

So, what might be more accurate is for Markman to say that he’s discovering the sector and this stock, which are both arguably good for the industry, and for SUI.

JonMarkmanForbesContributorMarkmanCapitalInsightsDailyBusinessNewsMHProNews

Beyond the problematic nomenclature, Markman raises some issues that newcomers to manufactured housing investing will find useful. Combined with the graphics and insights in this report, the data comes to life.

 

Markman on Sun

It’s easy to ignore Sun Communities. After all, manufactured housing and RV communities lack the chic appeal of high-end retail, or panache of technology companies,” said Markman.  Perhaps he meant, it used to be easier to overlook them for those reasons?

Yet, Sun executives adopted the best practices of acclaimed retailers, while carefully implementing new technology to grow its trailer park1 business in profound new ways.”  That is the tech angle that may have drawn this tech focused writer to use his nomenclature plagued article to the attention of his Forbes and other readers.

SunCommunitiesSUIDailyBusinessNewsMHProNewsWikiSummaryDailybusinessnewsMHProNews

In the process, the company is building durable competitive advantages. And for shareholders, these moves are building value,” said Markman.

That’s arguably the most important topline point that he could have made about Sun, and the entire manufactured housing industry.

Because manufactured homes have an endurable competitive advantage, it has historically performed at a significantly higher level.  The Sun graphics in this article are the addition of the Daily Business News, and where not found in the Forbes column, which only used the generic Shutterstock image and an older Sun video shown.

Value investing has taken a backseat to growth strategies during the last nine years,” said Markman.

The Forbes contributor then goes into the weeds on why he and others think that value and small cap investing are likely to heat up.

The current relative performance of smaller-capitalization issues is a clear indication that a transition is underway,” said Markman. “In 2018, the Russell 2000 Index is the clear market leader. The total year-to-date gain for small caps is 10.07%, the best of any major stock index.”

With a market cap of $7.7 billion, Sun Communities is no longer a small cap. It has grown mightily. But its domestic focus, coupled with very strong cash flows, will curry favor among small-cap value investors,” he said.

SunCommunitiesSUI-InvestorPage11ManufacturedHomeVsSingleFamilyHousingManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Graphic, data, per Sun Communities (SUI).

The company is carefully rolling up a deeply fragmented trailer park1 industry.” By “rolling up,” he obviously means, consolidating. “Managers then rebrand and refurbish the communities, raise rents, and send money back to shareholders through its Real Estate Investment Trust structure.”

SunCommunitiesSUI-InvestorPageComparetoMultiFamilyHousing10ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Graphic, data, per Sun Communities (SUI).

The process began almost immediately after the company sold shares to the public in 1993,” stated Markman, who then lists the following bullets.

  • In 1996, Sun acquired 25 communitiesfor $226 million, and Chateau Properties for $370 million in stock, to bolster its holdings in Michigan and Florida.
  • In 1997, it acquired 9 communities, in Indiana and Florida.
  • In 2012, the company added a 756-unittrailer home park in Michigan, for $32.2 million.
  • And in 2016, Sun bought 103 communities, mostly located in California, Florida and Ontario, Canada, for $1.7 billion.
SunCommunitiesAnnualReportDataDailyBusinessNewsMHProNews

Investor data download, linked here.

All of these communities, now 350 strong, offer well-maintained grounds and amenities such as exercise facilities, pools and saunas. Many are pet-friendly,” he said, in what may be news to some of his readers, but is hardly so for manufactured housing industry professionals. Investors should be mindful that there are some 45,000 manufactured home communities (MHCs) in the U.S., per the best count and estimates know.  The link below can be read later for greater insight on the community count controversy.

Frank Rolfe, Dave Reynolds, George Allen, Manufactured Home Community Controversy Continues

Its investments are paying off…Through 2017, Sun logged an overall occupancy of 94.6% at its manufactured home facilities. The average rent was $917, for a 1,250-square-foot home, with an expected increase of 3.8% in 2018. And the average tenure of residents is 12 years.”

Sun has recorded 18 consecutive years of positive net operating income,” which is not surprising for many manufactured home communities, because prudent affordable housing is a more recession proof business. “It is a very compelling business model. And company managers are keeping track of everything with state-of-the-art cloud computing tools running custom SAP (SAP) software.”

Since 2008, the total return on investment through 2017, including dividends, is 857.6%. The comparable return for the S&P 500 is 126%.”

For seeming the umpteenth time, he turns to the T-word in his description of an operation that usually focuses on upscale manufactured home communities, vs. 1 star type properties. “Investing in trailer parks1 might not seem like a great idea. It might even feel lowbrow. But the best investors look for businesses with durable, competitive advantages. Manufactured housing has consistently bested all real estate investments other than self-storage. And it is recession-resistant.”

Once more that’s arguably the top-line takeaway for those inside MH, or those investors and reseachers outside of manufactured housing that are looking in.

In 2017, Sun Communities revenue grew 17.9%, to $982.6 million, year-over-year. The core funds from operations grew 10% to $4.17 per share. In 2018, company managers expect core FFO to reach $4.48 to $4.58, implying the current dividend yield of 3% will grow,” Markman said.

As professional investors turn away from growth, yield is likely to become more sought after, and Sun will have its trailers1 hitched up and ready to go,” Markman quipped.

Sun is one of the publicly trade stocks tracked by the Daily Business News, with last night’s closing numbers found here. ## (News, analysis and commentary.)

Footnote 1. While terms like ‘trailer,” or “trailer park” are common, and routinely go unaddressed by the Manufactured Housing Institute (MHI), and too many others, they are improper terminology. The Society for Professional Journalism’s Code of Ethics says in part, “Avoid stereotyping. Journalists should examine the ways their values and experiences may shape their reporting.” Also, Journalists should: – Take responsibility for the accuracy of their work.  Residents and professionals routinely resent the term ‘Trailer,” as MHProNews and MHLivingNews has often reported.

(Third party images, content are provided under fair use guidelines.)

FactoryHousingEvolution101TrailerHouseMobileHomeManufacturedHome

To see the Ultimate Manufactured Housing Infographic, click here.

Related Reports:

“Trailers for Sale or Rent,” “Pencil Head, Its Not a Trailer Park,” Manufactured Home Rental Reality Checks

 

Hundreds of New Manufactured Home Communities Opened, But How Many Have Closed? Industry Research Result$

George Allen Blasts MHI, NCC Ignoring Own, Spencer Roane, SECO, COBA7, Tom Lackey Controversies

 

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

U.S. vs China, SCOTUS Pick, Biz Effects, and MH Market Updates

July 9th, 2018 No comments

CNNmoney7.9.2018ManufacturedHomeStocksMarketsReportsMHProNewsBefore diving into tonight’s feature, millions will tune in tonight to see who President Donald J. Trump will nominate to replace retiring Justice Anthony “Tony” Kennedy on the Supreme Court of the United States (SCOTUS). Some have speculated on a variety of supposed top contenders. An interesting op-ed by Senator Orin Hatch May provide a clue, when it uses the pronoun “she” to describe the pending nominee. 

According to the often-announced plan, sometime after 9 PM ET, the nation will know.

That said, beyond the data for today’s tracked manufactured home industry connected equities, the focus for tonight’s is what Fox Business called a “risky” trade war.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • The product is banned in some cities. The company is valued at $2 billion
  • Sell tech: Morgan Stanley’s warning to investors
  • Disney set to nab 700 million viewers in India
  • Samsung goes big in India with ‘world’s largest mobile factory’
  • Is HBO the next Netflix?
  • Tencent Music could reach $30 billion valuation in US IPO
  • Inside Adidas’ vision for the future
  • Driving the Subaru 360, one of the worst cars ever sold in America
  • ‘Ant-Man and the Wasp’ marks Marvel’s 20th straight No. 1 opening
  • Tariffs cast a shadow as earnings season begins
  • US soybean farmers say China tariffs could result in ‘serious damage’
  • Chicken nuggets, avocados and whiskey. The trade war is making 1,300 products more expensive
  • 4 ways to make your workday more productive
  • What we lose when we let Trump’s tweets and insults take over the news
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Sonos prepares to go public
  • ‘Ant-Man and the Wasp’ caps off Marvel’s blockbuster year
  • Uber and Lyft want to be about so much more than cars
  • Samsung’s run of record profits fizzles out
  • Having more control over your data doesn’t mean it’s safe
  • China says the US has started ‘the biggest trade war’ in history
  • Google’s eerily human phone bot is ready for the real world
  • Boeing’s hypersonic passenger plane could get you from New York to London in 2 hours
  • Boeing and Brazil’s Embraer form $4.75 billion commercial jet venture
  • The new Fox will be a sports and entertainment hub
  • MoviePass rolls out surge pricing
  • Another strong jobs report. Here’s why unemployment jumped
  • Mall vacancies hit six-year high
  • Trump calls journalists ‘bad people’ at rally a week after newsroom shooting
  • Is this the future of home renovation?
  • Amazon could radically change how you get prescriptions
  • These gadgets could transform the lives of visually impaired people
  • Jaguar Land Rover: Brexit threatens our plan to spend $100 billion in the UK

Selected headlines and bullets from Fox Business:

  • Trump rips Pfizer for raising drug prices
  • Winners and losers of Trump’s decision to halt ObamaCare payments
  • Stock rally continues following jobs report
  • The next recession: When, and why it will happen
  • Chinese customs clears some US goods as new tariffs take effect: sources
  • Amazon Prime Day 2018: How to score the best deals
  • Trump’s Supreme Court nominee will be ‘outstanding’: former clerk for Justice Scalia
  • Starbucks is officially going strawless
  • Twitter stock falls as company tackles fake accounts
  • This new game show will pay off your student loan debt
  • Economists understating US GDP
  • Will Elon Musk’s ‘kid submarine’ be used in Thai rescue?
  • War on straws: 5 eco-friendly alternatives to plastic
  • AT&T to overhaul HBO, add more original content: report
  • Trump feeds on the rage of opponents: Varney
  • Elvis, Beatles memorabilia items on display at Hard Rock
  • Twitter stock falls as company tackles fake accounts[overlay type]
  • Twitter stock falls as company tackles fake accounts
  • Why Advanced Micro Devices Stock Gained 59% So Far in 2018
  • How Pandora Media Inc. Shares Soared 63.5% Higher in the First Half of 2018
  • A solid first-quarter report was music to the ears of success-starved shareholders.

 

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.9.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

It may surprise some to learn that a third-party research found that Fox News is roughly a 50-50 split on coverage that is for-or-against the president and Trump Administration policies.

Seriously?

While many Fox News and Fox Business hosts are pro-POTUS Trump, not all are.

Further, many of the shows feature panel discussion, where they bring in Democratic, or so-called RINO, and “never Trump” backers.

 

The video above is an example of a report that is largely negative about the Trump trade gambit. It isn’t until the very end of the video that you get a sense of why the president is taking this tactic in the first place.

The interview with Forbes’ Steve Forbes is also tentative about the issue of trade.

But there are voices in the business world that think that this is precisely the right strategy, and it is the right time, because there is a nice cushion fueled by more jobs, rising wages, lower taxes, more common sense regulations and the like.

Time will tell.  But as Marty Lavin, or CNBC’s Cramer have observed, the time is right for this battle. If not now, when will the U.S. stand up to China’s theft of intellectual property, or other problematic trade practices?

USChinaTradeWarManufacturedHousingIndustryDailyBusinessNewsMHproNews

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

7.9.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

“Unconstitutional Taking,” “Gentrification on Trial” in Recent Oak Hill Manufactured Home Community Ruling

July 9th, 2018 No comments

 

UnconstitutionalTakingGentrificationOnTrialRecentOakHillManufacturedHomeCommunityWik8RulingDailyBusinessNewsMHProNews

Easy doesn’t pay well.”

– John Bostick, Sunshine Homes

 

In this present crisis, government is not the solution to our problem; government is the problem. From time to time we’ve been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. Well, if no one among us is capable of governing himself, then who among us has the capacity to govern someone else? All of us together, in and out of government, must bear the burden. The solutions we seek must be equitable, with no one group singled out to pay a higher price.”

– Ronald Reagan, Presidential Inaugural Address, Jan 20,1981.  

 

The Oak Hill Mobile Home Park in Iowa had been in Mark Ogden´s family for four decades before it ran into trouble with city authorities, who tried to have it shut it down, citing zoning violations,” said the Thomson Reuters Foundation to the Daily Business News via a news release dated July 5, 2018. 

The long struggle with city officials began in 2014.

AttorneyJamesENervigBrickGengryPCPhotoOgdenOakHillCommunityCaseManufacturedHOusingIndustryDailyBusinessNewsMHProNewsThat set up a legal battle between Ogden and the city of Des Moines that finally reached the Iowa supreme court, where in March, seven judges unanimously found in his favor.”

This case placed gentrification on trial for the first time,” said Ogden’s attorney James E. Nervig.

The Ogden decision is the first time to my knowledge that an appellate court invalidated a governmental plan to use a sham safety purpose as a means to further gentrification by elimination of an entire neighborhood of unsightly homes,” stated Ogden’s attorney Nervig, per Reuters’  charitable arm, in a column by Carey L. Biron, with editing by Claire Cozens. 

Des Moines city attorney Jeffrey D. Lester expressed disappointment over the ruling,”  stated Biron, “but rejected the charge the city took CareyLBironPhotoThompsonReutersFoundationDailyBusinessNewsMHProNewsaction with the aim of shutting down Oak Hill to make way for new development as “absurd and without any foundation.

 

Illicit War on Private Property, and on Affordable Housing? 

Court documents show the ruling was based on the zoning legalities of the park and did not take broader planning issues in account,” stated Biron.

Nonetheless, Ogden said it had been met with relief from other park1 [sic] owners who feared they could be the next target of city authorities,” read their release, which had a number of regrettably common terminology errors, such as the improper use of the word “trailer.”

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

Make a habit of using the correct terminology, it matters.

 

He said there were 30 families living on the site when the city first ordered its closure in 2014, all on low incomes and with nowhere else to go in a city with long waiting lists for government-subsidized affordable housing.” 

Mobile homes, or trailers,1 have grown in popularity in the United States in recent years due to a shortage of affordable housing, but have so far received little government support,” stated Biron.

Indeed, the industry accuses authorities of using zoning laws to try to shut down unsightly trailer parks1 to make room for new housing developments – a charge they deny,” Biron wrote.  

OakHillMobileHomeParkMobileHomeManufacturedHomeINdustryDailyBusinessNewsMHProNews

Original photo, Thompson Reuters Foundation. comments from MHProNews.com. To see full size photo, click here.

Brion’s theme, while marked by numerous nomenclature mistakes1, is an important one to manufactured home professionals, and for affordable housing advocates. It echoes several aspects of years of reports by MHLivingNews or MHProNews.

Reprieve in Community Closure Collision, Another Round Ahead?

A possible recent example that could be offered is the case in Schofield, WI, linked above. But there are several variations of this troubling trend.  Others in the industry who are facing such scenarios, in the light of the Ogden ruling, may find some useful insights.  The linked articles can be read later for increased understanding.

Manufactured Home Community Owners Lost Troubling Creekside Appeals Case

They (local authorities) are just trying to get rid of all the old and want all the new,” Ogden’s attorney said.

 

Court Document Downloads 

A download of the court document on this highly charged issue are linked below. It is from court documents that the “unconstitutional taking” quote in the headline is found.

SupremeCourtofIowaCityofDesMoinesIowaAppelleVMarkOgdenAppelantNo.16-1080DecidedMarch162018

Click here or the image above to get the download of the ruling.

Burton’s report weaves three outside groups into the Reuter’s narrative.

  Prosperity Now, citing Doug Ryan,

  ROC USA, naming Paul Bradley, and

  the Manufactured Housing Institute (MHI), with no specified person quoted.

Ryan and Bradley are quoted extensively, but MHI is limited to the following; “The Manufactured Housing Institute (MHI), an industry group, says there is a growing trend of municipalities trying to use zoning and other land use regulations “to restrict or eliminate manufactured housing in their jurisdiction,” wrote Biron.

While MHI is recently making some attempt at influencing the legal battle over such local issues, they have debatably eschewed perhaps their best option.

That possible approach? Consistently arguing the issues with HUD and local jurisdictions, and asking HUD to intervene on the basis of laws such as the enhanced preemption found in the Manufactured Housing Improvement Act of 2000 (MHIA).  

In the recent Washington Post report on HUD, it was revealed that MHI’s Vice President Lesli Gooch admitted that they took no position on having Pam Danner removed as administrator over the manufactured housing program office. That admission by Gooch is a wake-up call for independent retailers and communities nationally, who’ve complained for years about HUDs overreach, as well as their failures to enforce enhanced preemption.  Gooch/MHI and  MHARR quotes by the Washington Post are found in the article linked below.

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

Those issues about home placement and zoning are largely post-production issues, and would normally fall to a trade group. Trade associations would normally be arguing on behalf of their industry members. But as prominent MHI member Frank Rolfe observed, MHI is often silent on issues good or bad for the industry. Why? 

MHI award winner Marty Lavin told MHProNews that they only work on behalf of the “big boy” members.

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

Sam Zell, who’s Equity LifeStyle Properties (ELS) is a giant in the MH community sector, made the common sense observation last year that heavy regulatory burdens leads to consolidations.

ELS’ Sam Zell – Compliance Costs Destroys Smaller Businesses = Consolidation

Larger firms are better able to deal with heavy burdens. That helps explain why Warren Buffet, who is chairman of Berkshire Hathaway, has favored candidates like Barack Obama and Hillary Clinton. President Obama and Secretary Clinton both supported heavy regulatory regimes, that harmed the interests smaller companies, as well as consumers.

The pattern of failing to successfully advance the interests of community owners is precisely why two state level communities associations broke with MHI last year. They are now launching a new national communities post-production association this year.

New Manufactured Home Industry National Association Related Statements

MHARR – the Manufactured Housing Association for Regulatory Reform, which represents the interests of the independent producers of HUD Code manufactured homes – has for years promoted the need for more effective post-production representation.  

MHARR was revealed by the Washington Post as the industry’s unsung hero in having Pam Danner removed at HUD from her role as the administrator of the Office of Manufactured Housing Programs (OMHP).

While on paper both MHI and MHARR supported Vic DeRose for that OMHP administrator role, it was reportedly an MHI staffer that gave Danner the assist at getting her in at OMHP.  

MHI’s own President, Richard “Dick” Jennison made that admission to select industry members about an MHI VP that helped get Danner her role. Some of those sources so informed MHProNews, and which this publication confirmed at that time with Jennison.

But Jennison was told then by the ‘powers that be’ to “stand down,” per Daily Business News sources, from taking any action about that MHI VP who assisted at getting Danner in at HUD.

Why?

Whatever Jennison’s bosses motivations may have been, the net result is that MHI has years of history as posturing one thing, but often tacitly allowing or doing something entirely different. That comes from numerous industry sources, including those who are or were part of MHI, some of whom held division board member roles.

Only 3 Options – the Elephant in the Room

Let’s make the point about MHI simply. 

  • Where are the amicus briefs by MHI in cases like Ogden?  
  • Why is it only after the Daily Business News exposed the fact multiple times that MHI had failed to contact the CFPB after Mick Mulvaney took the helm there, that MHI finally began asking their members a few weeks ago to write for regulatory relief?

CFPB’s Mick Mulvaney Offers Yet Another Gift to MHVille

While Prosperity Now has years of a mixed pro-MH, but often anti-community owners agenda, at least Doug Ryan and their organization are consistent.

ChrisStinebertManufacturedHousingInstituteMHIPresidentCreditTheJournalManufacturedHomeProfessionalNewsMHProNewsMHI’s own prior president, Chris Stinebert used his exiting article to politely take the Arlington, VA based trade group to task for failing to take necessary steps on lending and other key issues. Troubling evidence like this makes it difficult for MHi to deny their own history. 

These are the sorts of ‘inside baseball’ insights that mainstream reports are unlikely to know, absent input from a consistent source, such as MHARR.

Even the steps that MHI has taken in recent months on the communities front have only occurred after years of pressure from communities owners, professionals, including this trade publication. The balance of MHVille’s trade media, while they may present useful insights on specific topics, routinely fail to hold MHI accountable for their repeated patterns of arguably problematic behavior. 

Instead, in just the past two weeks, a long-time industry blogger took MHARR to task for pressing for more post-production efforts. Where’s the logic or consistency in that source, which has waffled for years between praising and condemning MHI?

 

ManufacturedHousingIndustryMonopoly-Oligarchy-GeorgeAllen-PostedDailyBusinessNewsManufacturedHousingIndustryMHProNews-

George Allen, has a modest following today, which once used to be a large following. As a former client of his told MHProNews, with George “It’s AAA, All About Allen.” If someone is doing good, and Allen’s not somehow in the mix, sources say it is not uncommon for Allen to attempt to undermine that source.  Allen has done some noteworthy things, and is an example of why a wheat and chaff  approach is needed by MH industry professionals. In the 3 quotes from his blog shown above, Allen, without mentioning MHARR, is parroting their position, while attacking MHI’s. Allen has privately thanked MHARR, per an email circulated to a few of his followers, and forwarded by one to MHProNews.  But publicly, Allen is said to “play the game” of seeking to undermine MHARR’s important efforts. MHARR is a producer’s trade boy, and thus focuses on protecting their interests from within the industry and from outside parties too. Much of what MHARR does, such as the removal of Danner, benefits the industry at large. The best they can practically do is more of the same, while encouraging the creation of new, post production trade bodies.

Isn’t that calling the kettle black, when Allen and Roane are also defending community owner Tom Lackey, who generated significant negative media for the industry?  Isn’t that especially troubling, when Lackey still sits on the SECO board today, per their website?

Allenites and Roane supporters are quick to say that they’ve both done good things. No doubt. But shouldn’t Allen and Roane clean up their own mess, before he taunts MHARR for de facto doing good for Allen and Roane’s own followers?

Where was Allen and Roane’s amicus briefs in the Ogden case? Don’t they claim to have a quasi-associations?

Talk can be cheap.

George Allen Reply to Mainstream Media re: Roane/Lackey/SECO Exposé, Plus MHI, MHARR, et al – “Make Manufactured Housing Great Again”

In the wake of challenges and scandals, a MHI member leader recently reminded MHProNews of the importance of accurate, vs weaponized reporting and analysis. He did so in a note of thanks. So while some jeers come this way, often from those closely aligned with MHI or Allen, the fact that more thank MHProNews, and read MHProNews than all others combined should speak volumes.

 

The MHC and Industry Takeaways from the Ogden Case?

Ogden exemplifies the truths that the quote at the top from President Ronald Reagan and Sunshine Homes’ John Bostick respectively said.  

Des Moines is but one of hundreds of local jurisdictions that fail to respect and appreciate the value of manufactured homes, and the work that thousands of land-lease communities that provide affordable unsubsidized living for millions of Americans.  

Based upon local reports, Ogden also is a cautionary tale. When a community fails to maintain standards of appearance or safety, it opens itself up to the kinds of actions that Des Moines undertook. That observation doesn’t justify that Iowa city’s posture and tactics, nor that of numerous others like Des Moines have taken from coast to coast.

But it is a practical reminder that savvy standards in a MH community’s “guidelines for living” ought to be prudently established and enforced. That would likely have made Ogden’s travails easier.

The case also reminds us that government at all levels – local, state, and federal – requires routine engagement. When professionals say, they hate politics or economic issues, and they cede the field to others, the outcome is often detrimental to thousands of members of our industry.

The words of President Reagan at the top should be a plaque in every office in America. 

There is an ongoing need for a new, post-production association that supplants what MHI does for small-to-mid-sized operations if or only when pressed, per several of their own past or present members.

Reality checks on the Ogden case could be mined for years of useful, practical lessons. It is no doubt useful for Iowa community owners, but it also provides helpful insights for those in all other states too. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party images are provided under fair use guidelines.)  Footnote: 1 Terminology error is in the original.

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Hundreds of New Manufactured Home Communities Opened, But How Many Have Closed? Industry Research Result$

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

Seattle Times -Federal Investigations-Berkshire Hathaway’s Clayton Homes, GuruFocus Spotlights Buffett’s Clayton’s “Unethical,” Monopolistic Moat

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By L.A. “Tony” Kovach – Masthead commentary, for MHProNews.com.

Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

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