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Clayton Homes’ “Robots” – Automation’s Role in Warren Buffett’s Berkshire Hathaway’s “Durable Competitive Advantage” in Manufactured Housing

April 24th, 2018 No comments

RobotsClaytonHomesKeithHoldbrooksPresidentClaytonBuildingGroupLogoManufacturedHousingINdustryDailyBusinessNewsMHProNews

The opportunity to change our industry’s image is tremendous today.  There’s never been a better time to change it,” says Keith Holdbrooks, President of Clayton Building Group, in a carefully crafted video, posted further below.

 

Robotics and automation are playing a role in that image and the Clayton reality, as will be revealed in this report.

In a release to the Daily Business News, Clayton identified themselves as “a national home builder and Manufactured Housing Institute’s 2017 Manufacturer of the Year…”

Besides changing the “industry’s image,” what Clayton is striving to do is carefully advancing their own image too.

As MHProNews has previously reported, Warren Buffett’s “the Moat” strategy promote the concept of a “durable competitive advantage.”  Readers can finish this column, and later circle back to the in-depth look at Buffett’s thoughts on the issue linked below, or in the Related Reports at the end. Those reveal what Kevin Clayton, the CEO of Berkshire Hathaway owned Clayton Homes, has said for years about how to get and keep a durable competitive advantage by using and expanding Buffett’s principle of “the Moat.”

Best Warren Buffett, Kevin Clayton, Clayton Homes, Berkshire Hathaway Annual Meeting, Competition, and “the Moat” Video Collection

 

Robots and Automation

The soft musical undertones in the video are part of that image crafting, for which Clayton has hired a branding team.  Clayton previously told the Daily Business News via a release that “Clayton Homes has selected Made Movement (Made) to handle strategy, digital experience design and advertising for the brand.” The “Have it Made” campaign, some observers say, promotes the Made agency, as well as Clayton.

Clayton’s recent acquisition of yet another site builder – Brohn Homes of Austin, one of Texas’ largest privately-owned homebuilders – are all part of their drive to “world domination,” as Builder put it, in two different articles.

The key to Clayton’s tech, robotics and automation-fueled offsite-site build business-model bid for world domination of lower-priced new homes,” said Builder, a statement that Clayton’s social media page endorsed by posting it.

 

“World Domination”

About five years ago, leadership called on us to do what it took to make [Berkshire Hathaway unit] Clayton a world class company,” says Rick Boyd, director of operations, working out of the enterprise’s Maryville, Tenn.-based headquarters. “We didn’t know what that was. So we had to define what that meant, and that process gave us three pillars of priority: team member experience, customer experience, and leadership.”

It is interesting to note that in their release, Clayton cited Starbucks and Google as their examples of companies to study and emulate.

Google is drawing fire for being monopolistic, if they’re not already an outright monopoly. Those are the positions governmental actions in Europe and the U.S., as well as civil litigation, are underscoring.  And although Starbuck’s has a history promoting inclusiveness, their president recently publicly apologized for racially insensitive actions at one of his stores. Sound familiar?

Starbucks, Google and Berkshire’s Clayton each arguably have their own moats, in their respective spaces.

ClaytonHomesAutomoationRoboticsLogosManufacturedHousingIndustryDailyBusinesNewsMHProNews

 

Velvet Monopoly?

While the have it made people are crafting one image, another is emerging too, across the left-right media and political divide.

That image is of Warren Buffett being portrayed by some as the creator of a new forms of ‘company stores’ and ‘company towns.’  In those Buffett towns, Berkshire is:

  • earning a few cents a day per households from the sale of Heinz ketchup – with millions of families using their products daily,
  • earns a thousand (+/-) dollars or more annually from millions of GEICO policy holders,
  • wants you to stop at Dairy Queen for Fan Food ®,
  • buy your sweet heart some See’s Candies,
  • and hopes to sell you a home – either through their real estate division, or from their growing footprint of conventional or factory-built homes.

Beneath that velvet glove image they are grooming at Clayton, is another story.  It is told by retailers like “Kevin Carroll, former owner of a Clayton-affiliated dealership in Indiana, as saying that if he steered customers to a Clayton lender, he got “a kickback” in the form of a discount on his business loans. Carroll later went out of business and sued Clayton for fraud, but the case was dismissed,” per Omaha, a Berkshire owned business.

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Warren Buffett, say critics, is building a new type of “company town.” Like the proverbial slow boiling of the frog in a pot of water, the placid pace nevertheless has an impact over time. Clayton has gone from an large also ran in 2002, prior to Buffett’s takeover in 2003, to some 50 percent of the industry by 2018. Monopoly?

It was part of a response to the controversial Seattle Times reports about Clayton, which opponents of the Clayton/Berkshire/MHI backed Preserving Access to Manufactured Housing Act used to give a black eye to the essentially the entire industry.

A competitor – a non-MHARR member, that is a MHI member builder – tells MHProNews that Clayton is poised to do even more with robotics.

Because of the new tax law, that senior executive says, Berkshire can pump more money into Clayton.   Indeed, “The Tax Cuts and Jobs Act recently signed into law by the President includes multiple provisions increasing depreciation,’ says KTLIP. And if that HUD Code builder executive is correct, putting more into automation and robotics could more rapidly be expensed.

The result?

A new kind of durable “moat” competitive advantage will be gained by Clayton over their competitors over time.  Velvet gloves, tossing sharks into the moat’s water, that’s the image that Buffett himself has arguably painted, in his own words.

 

 

Will Trump Administration Reforms Fuel More Completion?

But the new tax law and regulatory roll back will work in more than one way.

PresidentDonaldTrumpHUDSecretaryBenCarsonManufacturedHousingINdustryDailyBusinessNewsMHProNewsNew HUD Code builders are entering the manufactured housing (MH) industry in 2018, as a report from Tunica and one in April 2018 underscored.  It must be noted that in a different tax and regulatory environment, these new competitors to Buffett’s/Berkshire’s/Clayton’s dream of ‘world domination’ may not have come into existence before 2017.

If there is a change in the makeup of the House and/or Senate after the 2018 midterms, will Democrat Buffett benefit anew?  Will his hand-picked politicos once again promote heavier regulations?

As MHProNews has reported, a long time MHI member told the Daily Business News that Clayton and the other big companies have ‘figured out how to get smaller companies to pay for what they want, using the Manufactured Housing Institute.’

That too fits the use of non-profits by Berkshire and Clayton.

Berkshire’s Clayton benefits during heavy or lighter regulations.  Are they lifting the industry, as Clayton and their incentivized apologists and paid promoters say?  Or are they slowly killing off competitors, via their slow-motion, sharks-in-their-moat strategy dictates?

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Warren Buffett has said he won’t attack the president. But Buffett has surrogates. Buffett’s son has sought to undermine President Trump, as have others in the Berkshire orbit. Clayton issued a recent press release that claims to support the president’s agenda. But are Kevin, Keith, Tim Williams/21st Mortgage, or Eric Hamilton at VMF – all Berkshire brands – going to go against Buffett’s public positions?

These are questions that Trump Administration officials will have to answer as they examine concerns over monopoly that are being raised about Berkshire’s manufactured housing (MH) brands, with concerns from voices inside and outside of the MH Industry.

Independent producers, retailers, communities, lenders and others in the factory-built home industry will have to answer these questions about the growing Clayton/Berkshire moat too.

What is certain is that Clayton’s market share has been growing.  Yet, per prior reporting, their own percentage of growth in sales year over year is at a slower pace than the industry at large. Is that a kind of indirect proof that their marketing isn’t working quite as planned?  Are they a beatable monopoly?

l_a_tony_kovach__mhlivingnews__creditThere is evidence that suggests that the HUD Code manufactured home industry needs more than great videos, pretty websites, advertorials, and overly-crafted messages,” says award winning industry veteran, L.A. “Tony” Kovach. “Clayton’s videos collectively have millions of views, and they have millions of visits to their website, per sources.  Yet, the Berkshire annual letter says they only sold some 49,000 homes in 2017? There’s a clear disconnect, and that’s one more data point that the MH industry needs to sit up and take notice about.”

Kovach says the need is to get to the root issues that keep the industry from advancing. While MHI promotes Berkshire’s desires, are they ignoring – or undermining – the kind of work that has proven effective in local markets?

Are They Among the Best Advocates for Manufactured Housing and Manufactured Home Living?

As the affordable housing crisis rages, manufactured housing may top 100,000 new home shipments in 2018. When 8.3 million housing units are needed now, isn’t 100,000 homes a big yawn?  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

Related Reports:

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

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

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

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

 

Hold Your Wallet, More Democrats Openly Embrace Socialism, Plus MH Market Updates

April 23rd, 2018 No comments

CNNmoney4.23.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe numbers and slogans are clear.  As the midterms approach, more Democrats are openly claiming the mantle of socialism.  As the economic data keeps rising, why?  That’s our focus report this evening.

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:

  • Billionaire investor: It’s time to short Facebook
  • Aluminum stocks fall as US considers easing sanctions on Russian company
  • Kate and William can afford 3 kids. Many Brits cannot
  • Why everyone is stressing about the 10-year Treasury yield
  • Analysis: A tale of two Hannitys
  • Walmart’s CEO earns 1,188 times as much as the company’s median worker
  • Netflix CEO Reed Hastings was paid $24 million last year
  • Korean Air ousts ‘nut rage’ heiress and her sister
  • Chinese tech firms under fire for sexist job ads
  • This vegetarian company wants to disrupt China’s pork industry
  • Social Security, Medicare and taxes are on the mind of Arizona’s senior voters
  • Why a 20% raise isn’t enough for Arizona teachers
  • Beyond yes or no: Judge Richard Leon’s options in the AT&T antitrust case
  • Accenture CEO: We seek total gender equality by 2025
  • China ‘welcomes’ Mnuchin’s offer to hold trade talks in Beijing
  • No retirement savings and nearly out of time? Here’s how to compensate
  • McLaren 720S: It doesn’t get any more sports car than this
  • How major companies handle and botch public relations crises
  • How major companies handle and botch public relations crises
  • How these hurricane-ravaged states have avoided a housing disaster — so far
  • Report: Sean Hannity received HUD help on multimillion dollar property deals
  • Denver’s mayor sticks up for local paper: ‘It’s important for democracy’
  • Watch President Trump repeat Fox News talking points
  • Local newspapers fear tariffs could cripple them
  • DACA students fear tuition ruling will force them to drop out of college
  • Surging oil prices rattle President Trump
  • Is MoviePass too good to be true?
  • ‘Avengers: Infinity War’ assembling for possible historic box office
  • From witness stand, AT&T chief details new $15-a-month streaming service

Selected headlines and bullets from Fox Business:

  • Alcoa stock has worst day in nine years on Russian rival’s reprieve
  • Dow slips with technology shares prior to earnings
  • Caterpillar earnings may spotlight conditions in China
  • Apple’s Shazam deal on hold as EU opens investigation
  • Harley-Davidson to give free motorcycles to summer interns
  • Amazon limits reviews of James Comey book ‘A Higher Loyalty’
  • Amazon, Netflix team up to sue rival streaming service
  • Wyoming governor hopeful pledges to draw on business experience
  • JetBlue to sell tickets for semi-private flights
  • GM Korea avoids bankruptcy with tentative wage deal
  • Sears CEO Eddie Lampert wants retailer to dump more key assets
  • Hasbro blames Toys ‘R’ Us as sales sink
  • Trump’s next $100 billion tariff dilemma: hit Walmart or Apple Store?
  • Kate, wife of UK’s Prince William, gives birth

 

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

S&P 500 2,670.29 +0.15(+0.01%)

Dow 30 24,448.69 -14.25(-0.06%)

Nasdaq 7,128.60 -17.52(-0.25%)

Russell 2000 1,562.12 -2.00(-0.13%)

Crude Oil 68.91 +0.51(+0.75%)

Gold 1,326.10 -12.20(-0.91%)

Silver 16.60 -0.56(-3.25%)

EUR/USD 1.2207 -0.0079(-0.63%)

10-Yr Bond 2.95 +0.04(+1.27%)

 9MarketIndicatorsYahooFinance4.23.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue4.23.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Democratic strategist Jon Summers and Deseret News opinion editor Boyd Matheson discuss why the Democratic Socialists of America group has seen a drastic increase in members since President Trump’s election,” says Fox Business’ YouTube page for this video.

Summers and Matheson seem to agree that many millennials don’t really understand what a socialist is, tragic, if true.

Matheson is the former chief of staff for Senator Mike Lee (R-UT).

The Daily Business News took an in depth look at this emerging trend in December, in the report linked below.

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

BernieSandersMoreCandidatesRunningAsSocialistsFoxBusinessDailyBusinessNewsMHProNews

 

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).

4.23.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

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

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

 

“Ignorance” at Work, Proposed Code Change Would Impact Thousands

April 23rd, 2018 No comments

IgnoranceAtWorkKilgoreTXCodeChangeImpact

There is “ignorance” – or prejudice – arguably at work in the Texas city moving to limit manufactured homes in their jurisdiction.  By their own estimates, thousands will be impacted.

 

The City of Kilgore, Texas Planning and Zoning Board approved changes “unanimously recommended,” per the Longview News Journal.

Manufactured housing lots are scattered throughout the Kilgore City Limits – there’s space for, potentially, more than 7,000 mobile homes [sic],” said the Kilgore News Herald, adding, “A proposed change to the city’s codes would limit such structures (mobile or manufactured) to designated areas moving forward.

SICSicutJournalismDefintionSocietyProfessionalJournalismDailyBusinessNewsMHProNews

Recommended changes won’t necessarily affect residents of existing manufactured homes, city leaders said. Existing homes also can be replaced one time, but only if the home is the same size or larger than the existing residence and is no older than 5 years old,” according to Jimmy Daniell Isaac for the Longview News Journal.

Image44KilgoreCityTXPlanningRestrictManufacturedHomes

Collage by MHProNews, uses original Kilgore proposal text.

What’s there is there and you can replace it,” once, Kilgore Planning & Zoning Director Carol Windham said, per the Kilgore News Herald. “We’re not going to take that away.” If approved, ‘Single Family Manufactured Housing’ will be eliminated outside specific spots: “We’re not allowing any more unless you put it in a licensed mobile home park. That’s pretty much the gist of it.”

But the Longview report suggests the quote above from Kilgore’s paper isn’t quite accurate.  If a home is lost in a fire, for example, and must be replaced with one that’s 5 years old or newer, that may cause some property owners to de facto have their rights limited or taken, depending upon their economic circumstances.

KilgoreTXRealEstateMarketOverviewTruliaCityDataManufacturedHousingIndustryDailyBusinessNewsMHProNews

This is what all of the surrounding communities have done,” commissioner Terry Thrower said in Isaac’s report. “City Council members will consider final approval of the ordinance changes in May, City Planner Carol Windham said. If approved, it would end nearly a year of subcommittee and workshop discussions about regulating manufactured housing in Kilgore.”

Zillow464NFritzSwansonRdKilgoreTX75662ZlillowManufacturedHOusingIndustryDailyBusinessNewsMHProNews600

This particular listing has two homes, plus a garage and out buildings, for about the same price as the median conventional house. The main home is a manufactured home, the photos did not show the second home, but it too is likely a HUD Code manufactured home. Two homes, plus an acreage, for the price of one.

 

Costly NIMBY At Work?

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L. A. “Tony’ Kovach., publisher, MHProNews.com MHLivingNews.com

In a posted comment on both news sites, “It seems like some civic leaders in Kilgore are not aware of the “Manufactured Housing Improvement Act of 2000.” That federal law gives “enhanced preemption” to federally regulated manufactured housing,” wrote L. A. “Tony” Kovach, publisher of MHLivingNews and MHProNews.

At the very time that millions across the nation – including in Texas – are struggling with housing that costs too much, why in the world would Kilgore make it more difficult to buy the most affordable kind of permeant housing available?” – Kovach rhetorically asked.

The likely answer is ignorance, which means, lack of knowledge,” Kovach said, “University level studies demonstrate that manufactured homes properly installed appreciate side by side with conventional housing. A study done by Chang Tai Hsieh of the University of Chicago, and Encirco Moretti said that cutting off affordable housing cost the American economy some $2 trillion dollars annually.”

Just because other locales have done something, doesn’t mean that Kilgore should follow suit. More study is warranted, because violating federal law and costing your economy makes no sense,” Kovach’s remarks concluded.

YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact

In a report entitled “Local Star Chambers Wage War on Affordable Housing,” Texas retailer Gary Adamek, Fayette Country Homes said that zoning related issues were more harmful to the industry than Dodd-Frank ever was.

JD Harper of the Arkansas Manufactured Housing Association (AMHA) referred to similar placement and zoning issues in his state as “economic racism,” and praised the Rev. Donald Tye Jr. call for HUD to step up and enforce enhanced preemption.

 

At the very time that HUD Secretary Ben Carson has called modern manufactured homes “amazing,” and the Trump Administration is striving to create more economic opportunities for Americans, why would Kilgore – or any other town – choke off economic options, by limiting affordable housing?

 

TimeToEnforceLawOnFederalPreemptionMHARRDailyBuisnessNewsMHProNews

http://www.mhpronews.com/industry-news/mharr-news/time-to-enforce-the-law-on-federal-preemption

The Manufactured Housing Association for Regulatory Reform (MHARR) has sounded of for years on the need to enforce enhanced preemption, the most recent example is in the report linked above. This is one of several issues that based upon trends and if left unchecked, will continue to limit manufactured housing’s growth potential.  It would harm the nation, because it will negatively impact those seeking affordable, quality homes, argues Kovach and others. ## (News, analysis, and commentary.)  (Third party images are provided under fair use guidelines.)

Related Report:

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

  1. 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

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

Sunday Morning Weekly Recap – Manufactured Housing Industry Headline News 4.15.2018 to 4.22.2018

April 22nd, 2018 No comments

MHProNewsLogoSundayMorningManufacturedHousingIndustryNewsRecap4152018to4222018

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way…”

– Charles Dickens, in a Tale of Two Cities.

 

Who controls the past controls the future. Who controls the present controls the past.”

― George Orwell, in 1984.

TheFirstStepInSolvingAProblemIsToRecognizethatItDoesExistZigZiglarDailyBusinessNewsMHProNews

 

Why is there so much struggle to “control the narrative” in media, politics, business, etc.?  It could be summed up in the two quotes above.

If ever there was a need for objective thinking, careful reasoning, and then precise action based upon facts not myths – this is certainly one of those time.  Let’s dive into this week’s headlines in review.

 

What’s New on MHLivingNews

 

Affordable Housing Focus Group – Comparing Housing Options – Conventional Houses, Condo, Rentals, and Manufactured Homes – Up for Growth, National Association of Realtor, Studies

 

The Ultimate Manufactured Home Industry Fact$, Data, and Insights – Bullets plus at-a-Glance Infographic

 

What’s New on the Daily Business News

DailyBusinessNewsLogoMHProNewsLogo (1)

Saturday 4.21.2018


“Dissent, Brought by Monopolists,” Bezos, Warren Buffett, Big Tech, the Moat and Clayton Homes

Friday 4.20.2018

Legal Maneuvers Continuing in Skyline Corp, Champion Homebuilders Merger Case

DNC Files Suit Against Trump Campaign, Russia, and WikiLeaks, Plus MH Market Updates

 

Are They Among the Best Advocates for Manufactured Housing and Manufactured Home Living?

Are They Among the Best Advocates for Manufactured Housing and Manufactured Home Living?

Housing Price Surge, Low Inventories, Housing Shoppers Stressed – Where’s Manufactured Housing?

 

 

Thursday 4.19.2018

 

U.S. Housing Trends and Manufactured Housing, Investor Data

U.S. Housing Trends and Manufactured Housing, Investor Data

Economic Confidence, But Concerns About Housing Signals, Plus MH Market Updates

 

Recent Polling Favors President Trump, Generic Ballot Sliding toward GOP, Manufactured Home Industry Implications?

HUD and Census Bureau Report Residential Construction Activity in March 2018

HUD and Census Bureau Report Residential Construction Activity in March 2018

 

Wednesday 4.18.2018

Troubled MH Communities Harming Manufactured Home Owners, Industry

Consumer Confidence, Manufactured Home Sales, Plus MH Market Updates

 

“No Nails, No Glue,” Architect Creates ‘IMBY’ Flat Pack PreFab

“No Nails, No Glue,” Architect Creates ‘IMBY’ Flat Pack PreFab

Who Will Google and YouTube Silence Next?

 

 

Tuesday 4.17.2018

NY Stern University’s Scott Galloway on Facebook Founder Mark Zuckerberg’s Capitol Hill Hearings

On Tax Day, Debate – Is Taxation Moral or a Form of Theft? – Plus MH Market Updates

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

Hawaii’s First “Trailer Park” on Oahu – Civil Beat’s Report Draws Heat

Hawaii’s First “Trailer Park” on Oahu – Civil Beat’s Report Draws Heat

 

Monday 4.16.2018

Within an Ongoing Wave of Routinely Problematic Media Reports, What Do Actual Manufactured Home Owners Say?

Stocks Rally on Economic, Earnings, and Geo-Political News – Plus MH Market Updates

“Silver Bullet,” Manufactured Housing’s Monday Morning Sales Meeting

“Silver Bullet,” Manufactured Housing’s Monday Morning Sales Meeting

Emerging Trends, Opportunities, Reflected in Interview with America’s First Black Billionaire, Robert Johnson

Sunday 4.15.2018

Sunday Morning Weekly Recap – Manufactured Housing Industry Headline News 4.8.2018 to 4.15.2018

Sunday Morning Weekly Recap – Manufactured Housing Industry Headline News 4.8.2018 to 4.15.2018

And that’s all she wrote during the week that was… ## (News, analysis, and commentary.)

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

  1. 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

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

“Dissent, Brought by Monopolists,” Bezos, Warren Buffett, Big Tech, the Moat and Clayton Homes

April 21st, 2018 No comments

TheReturnofMonopolyManufacturedHousingIndustryDailyBusinessNewsMHPronews

Not that long ago in America, no company as large and destructive as Amazon would have been allowed to exist. Preventing and breaking up such corporate behemoths, in fact, was at the very center of the Democratic Party’s agenda. “Private monopolies are indefensible and intolerable,” the party’s platform declared in 1900,” writes Matt Stoller in the progressive New Republic.

 

As monopolies broke up unions and drove down wages, Democrats increasingly came to rely on campaign contributions from the very corporations that were consolidating their control over the American economy,” said Stoller, who cites Amazon, Facebook, Google and others among the monopolies he and a growing number of progressive are concerned about.

MonopolyTheUltimateEnemyofFreeMarketCompetitionNowPervadesEveryCornerOfAmericanLifeManufacturedHousingIndustryDailyBusinessNewsMHProNews597

AT&T Time Warner case now in the courts are clear evidence that the Trump Administration is taking anti-trust concerns beyond mere talk. There are signals that more cases could be coming. Missouri’s attorney general has launched an anti-trust investigation against Google. The European Union fined Google $2.7 billion. Expert more such cases, some of which could include manufactured housing, and Warren Buffett’s brands.

While Stoller is a Democratic partisan, there are Republicans and independents who hold similar views, which will be briefly examined further below.  These monopolistic forces impact manufactured housing in a variety of ways, as will also be noted.

The Obama administration, like the Bush administration before it,” writes Stoller, “declined to bring a single major monopolization suit against U.S. companies.”

GooglePlaceNewRepublicManufacturedHousingIndustryDailyBusinessNewsMHProNews

Woodrow Wilson, the Democrat, took a different approach: He argued that monopolies are a fundamental threat to political liberty, and that the government should attack and disperse them to protect democracy from the corrupting influence of economic concentration. After his election, Wilson went on to lay the foundation for the government’s anti-monopoly apparatus,” per the New Republic, noting that Bezos personally owns the Washington Post, and calls it…

Dissent, brought to you by monopolists.”

The subject of monopoly, like the topic of affordable housing and manufactured homes, should not be seen as a partisan issue.

WeNeedNewUnderstandingOfPoliticalEconomyOneThatSeesMonopoliesAsNotCompatiableWithDemocracyDailyBusinessNewsMHproNews

MonsantoGardensNewRepublicManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Where the Left, Center, and Right Can Agree?

Don’t look now, but there are voices across the left-right divide who agree on the threat in America of modern monopolies. 

Some call for more regulations. But others are saying it is time to break the giant companies up, as was done with AT&T decades ago, or Standard Oil before them.

In what may seem like an ironic twist, but the leftist New Republic writer finds himself in agreement with Steve Bannon, the prior right-wing Breitbart Chairman and an important member of President Trump’s election campaign, and initial White House strategy team.

AmazonAveNewRepublicManufacturedHousingIndustryDailyBusinessNewsMHProNews

They are not alone.

Those new to this topic may want read the entire column, and circle back later to linked additional references, like the ones below.

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

Buffett, Bezos – Time Announcement to Drop Market Ahead of SOTU? Plus MH Market Update$

Advocates of free market enterprise should be irate over the company’s [Amazon] crony capitalist practices and cities and states that enable it,” the American Conservative said last year.

Right of center National Review has fears over the rise of big tech and monopoly too. They argued last year that the answer is heavier regulations.

Virgil, writing in the right’s Breitbart said in March 2018 that “Theodore Roosevelt, our 26th president, left the White House in 1909, and yet his spirit — larger than life and larger, even, than death — is still with us. And that is in no small part because many of the problems that the Great Trustbuster grappled with back then seem so similar to the problems we confront today.”

Citing the progressive Seattle Times, ‘Virgil’ said, “The Seattle Times over the weekend: “Big Tech needs to face a Theodore Roosevelt-style trust busting.” That Seattle Times  article by columnist Jon Talton, may have caught the attention of Jeff Bezos, the world’s richest man whose company, Amazon, is based in Seattle.

And yet columnist Talton is clearly not a fan of his tech homeboys, nor of the other big tech firms further down the left coast,” said Virgil.

Big Tech’s greatest sins are locking in a winner-take-all economy, decimating the middle class and exercising monopoly-like powers that cause the free market to fail. Competition is stymied. Power is in the hands of too few,” the Breitbart columnist said.

During Teddy Roosevelt’s time in office, 1901-1909, his administration filed some 40 anti-trust actions, although perhaps the most famous application of the Sherman Act was resolved only in 1911, after Roosevelt had departed office. That was the case of U.S. vs. Standard Oil, which broke the vast oil monopoly into 33 different corporate pieces,” said Virgil.

GoldenAgeAmericanProsperityLargeGrowingMiddleClassManufacturedHousingIndustryDailyBUsinessNewsMHProNews

 

Anti-Trust by Feds, or Private Citizens, Companies

Looking ahead, we can see that more antitrust litigation is inevitable, and some of it may yet be painful to the defendants. For instance, we might note that private anti-trust litigation is also possible. And under the provisions of the Clayton Anti-Trust Act of 1914, a successor to Sherman, economic victims of monopolistic abuse can sue, through private action, for treble damages. In other words, all the myriad media companies that have suffered so much financial damage from Facebook and Google might have a legal remedy,” said Virgil.

It’s a point the Daily Business News has also raised, in the report linked below.

 

Lawsuits for Triple Damages – Anti-Trust, Anti-Monopoly Law, Manufactured Housing, and You

So, readers may be libertarian, progressive, conservative, or anything else, and find someone with your political position arguing for a break-up of mega-corporations for the public, political, and economic good.

ManufacturedHousingInstituteLogoMHILogoMonopolisticHousingInstituteMHIParadoySatireLogo

www.mhmarketingsalesmanagement.com/blogs/daily-business-news/department-of-justice-anti-trust-and-manufactured-housing-institute-mhi/

Talton said the new monopolies have better people skills than the ones in Roosevelt’s time.

Unlike Microsoft, which was typecast early on as the “Evil Empire,” Google, Apple, Facebook, and Amazon have combined savvy public-relations efforts with sophisticated political lobbying operations.”

Facebook is said to be mobilizing “armies” of lobbyists in the wake of their Washington woes.

Among manufactured housing associations, the monopolistic tool-of-choice has arguably been the Manufactured Housing Institute (MHI), which has been dominated by the interests of larger producers, communities, and lenders for years.

But Clayton’s revealed that they are doing their own lobbying too, apart from MHI.

There are investigations – civil and federal – into Warren Buffett’s Clayton Homes, per several sources to the Daily Business News.

 

More Anto-Monopoly Legal Background from the New Republic

In 1933, just days after Franklin Roosevelt was inaugurated, Brandeis issued a stirring dissent in Liggett v. Lee,” said the New Republic, “which struck down a Florida law designed to protect local businesses from out-of-state chains. Reading from the bench, Brandeis blamed the Great Depression on “the gross inequality in the distribution of wealth and income which giant corporations have fostered.”

The government, he argued, had the right to regulate the “concentration of wealth and power” if it threatened the public welfare. Antitrust, as Brandeis saw it, wasn’t about protecting consumers—it was a way to safeguard democracy,” stated Stoller.

Thurman Arnold, FDR’s head of antitrust enforcement, cracked down on some of the country’s biggest corporations and trade associations, from General Motors and Alcoa to the American Medical Association and the Associated Press, which were engaged in price fixing and other anti-competitive activities,” Stoller stated.

The anti-monopoly principle that Arnold and Brandeis established—the idea that economic power should be decentralized and spread into many hands—became the basis of a new social contract. For the next three decades, the federal government largely permitted big business only in segments of the economy that required scale and technical know-how, such as cars, chemicals, and steel. Labor unions made sure that workers were treated fairly, while stores, farms, and banks remained relatively small and under local control...,” he wrote, adding, “Productivity boomed, and America entered a golden age of egalitarian prosperity, with a large and expanding middle class.”

Again, the ironies here are many.

One is presidential signals that Donald Trump is developing positions that agree in good measure with Democratic positions held in decades past, or that  Teddy Roosevelt once held.

So, before the hyper-partisan positions are staked out, a step back to see the broader picture is warranted.  Because voices across the political divide are finding common themes in the threat that monopolies pose to the economy, small businesses, and job creation.

MHProNews has spotlighted concerns that Scott Galloway, or PragerU have also given voice to, which include calls for breaking up or heavily regulating the big tech giants.

NY Stern University’s Scott Galloway on Facebook Founder Mark Zuckerberg’s Capitol Hill Hearings

Can forward thinkers on the left and right agree that monopolistic behavior by some associations and companies today are also problematic?

Billionaire Titans Battle, Overshadowing Modest Independents – Surviving, Thriving in Manufactured Housing Industry Today, Tomorrow

 

Warren Buffett, Moats, and Monopolies – Berkshire Chairman’s Words, Applied to Clayton Homes, and Manufactured Housing

While monopolistic business practices tend to have an adverse effect on consumers,” says Investing Answers, “they can be investor friendly. Obviously, from a shareholder’s standpoint, competitive pressures can crimp profits, and companies that have a wide economic moat or high barriers to entry are somewhat insulated from the encroachments of would-be rivals.”

 

 

A wide economic moat is a significant competitive advantage that is extremely difficult to copy or emulate, thereby creating a barrier to entry for competing firms,” says Investing Answers.

The video below explains in brief in Buffett’s own words some of his ‘competitive advantage’ strategies.  Some of them, most anyone can do.  But once someone gets into the fine points of “the Moat – and how that’s been executed by Buffett’s Clayton Homes in the manufactured housing industry – concerns about monopoly power are being raised by parties across the political spectrum.

 

How a Moat Works (Example):

Castles were traditionally part city and part defensive fortress. The moat was a key part of this defense — by surrounding the castle with water, the fortress was more difficult to penetrate. The wider the moat, the more difficult it would be to attack a castle’s defenders,” Investing Answers stated.

Companies are not unlike medieval castles. A successful company will undoubtedly attract competitors. Patents, brand identity, technology, buying power and operational efficiency create moats that make these companies hard to attack,” says Investing Answers.Companies with wide economic moats operate business models that are difficult — or in some cases even impossible — for competitors to attack or emulate.”

Some argue that these moats that Buffett promotes is a smart play for investors.

But broader question are being raised.  Sources like the progressive publications New Republic, the Nation, or right-side sources such as the American Conservative or Breitbart point largely agree that monopolies – which are promoted by these moats – harm the nation, and the industries they operate in.

Economic and political advantages are gained from heavy regulations.  Dodd-Frank benefited bigger businesses at the cost of smaller ones.

Big business can buy political access that small businesses can’t, says sources like Prager. Smaller firms have higher proportionate cost to deal with regulators than a big company does. Part of the reason for MHARR’s existence is because for years, the larger companies that are members of the Manufactured Housing Institute (MHI) were in practice okay with heavy regulations.

 

The Nation, New Republic, American Conservative, Prager U, MHARR, and MHProNews Aren’t Alone…

The rising tide of concerns across the left-right divide should be another reason for manufactured home industry members and public officials to sit up and take careful note about what has been transpiring in the manufactured housing industry since Warren Buffett entered the space in 2003.

 

 

Since the video interview above was initially recorded, Clayton went from some 25 percent of the market share, to about 50 percent.  The trajectory of the industry is towards consolidation.

ManufacturedHomesMarketShareMHIMembersClaytonCavcoChampionDaiyBusinessNewsMHProNews

Since this chart was developed, there are new statistics – from MHI – that indicate that about 75 percent of the industry’s production is in the hands of just three companies, all of them MHI members. Clayton has half of the industry, and sources say that more expansions of plants and new production centers are coming.

 

A Clayton manager told MHProNews recently, ‘what’s wrong with crushing the competition?’

Plenty, as each of the third-party thinkers cited above have outlined.

Independent businesses are lost – in manufactured housing – by the thousands, as former Clayton manager Ken Corbin has noted.

Ken Corbin “the 10,000 Drop,” points to Industry Woe, Causes of Manufactured Housing’s 10 & 20 Year Collapse?

That means, jobs are also lost.  As more industries are consolidated into fewer hands, tremendous numbers of jobs are lost over time.

 

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

 

Perhaps the most comprehensive look ever at how ‘the moat’ has operated and impacted manufactured housing is found at the link above.

The points made by other writers of how public relations are being used to blunt the concerns over monopoly must be noted by every professional in manufactured housing.

The allegations of monopoly in manufactured housing are believed by some to be confirmed by facts hiding in plain sight.

Buffett and Kevin Clayton – in written and video comments – have both stated very clearly the “moat” principles they are using to grow their portion of the industry. Meanwhile, the rest of the industry’s competitors shrink statistically, are acquired, or vanish. Unchecked, projecting out the trend lines of the last 15 years would mean the industry’s production, lending and other elements will increasingly fall into the hands of Berkshire Hathaway owned brands.

When voices across the left-right divide raise concerns over how that impacts the vast majority of everyday Americans, one of the questions that ought to be posed to politicians of either party going into the 2018 midterms ought to be, what position will you take on breaking up monopolies?

Clearly, good business practices must be at the core of every remaining operation and the new companies that are trying to enter the industry.

But as Virgil suggested above, business harmed by monopolies ought to explore the legal options for civil anti-trust action.  By law, once successful, the potential for triple damage recoveries await.

A multiple pronged effort must be made to reverse the trend of monopoly in manufactured housing.  It begins with understanding and education. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

Related Report:

Who Will Google and YouTube Silence Next?

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

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

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SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

DNC Files Suit Against Trump Campaign, Russia, and WikiLeaks, Plus MH Market Updates

April 20th, 2018 No comments

4.20.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews-2The markets have been responding as much or more to politics and transnational fears – trade, combat, threats of nukes, etc. – in 2018 than they have to actual economic, business or consumer confidence, and related  data.

After almost a year of special counsel Robert Muller’s probe of ‘Russia, Russia, Russia’ and the Trump Campaign, and about 18 months of known federal investigations that began before the election. Those have yielded – NYET – with respect to any connection betwee the president and any electoral wrongdoing. Nevertheless, the Democratic National Committee (DNC) launched a civil suit today. So, with videos from both sides of the political aisle, that will be our 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 reports are found further below, beyond the 9 market summaries, below.

 

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:

  • GM Korea on verge of filing for bankruptcy
  • Surging oil prices rattle President Trump
  • ‘Avengers: Infinity War’ assembling for possible historic box office
  • Why a 20% raise isn’t enough for Arizona teachers
  • Quest: Starbucks is an example of crisis response done right
  • From witness stand, AT&T chief details new $15-a-month streaming service
  • Every Bon-Ton department store is closing
  • China trash ban is a global recycling wake up call
  • China refuses to recycle more of the world’s trash
  • Apple sinks on fears of slowing iPhone sales
  • Self-driving cars. Scooters. The future of commuting to work is here
  • Can $1 billion help low-income Americans find jobs?
  • Wells Fargo fined $1 billion for insurance and mortgage abuses
  • SunTrust employee may have tried to steal data from 1.5 million customers
  • Comey writes in memo he laughed after Trump floated the idea of jailing journalists
  • Top auto boss: Global carmakers unlikely to go it alone in China
  • China’s ZTE fires back over US ban: ‘We cannot accept it’
  • YouTube ran ads from hundreds of brands on extremist channels
  • Watch this robot put together an IKEA chair
  • Takeda sweetens $60 billion Shire pitch as rival bows out
  • How fruit juice got boxed out of the health craze

Selected headlines and bullets from Fox Business:

  • Mueller team said to be amused as Giuliani pledges to end Russia probe
  • Stocks close lower as Apple sell-off hits Dow
  • Wells Fargo slapped with $1B fine for lending abuses
  • Sorghum ships change course mid-trip after China tariffs
  • Presidential tweet dents rally in crude oil prices
  • Mickey Mantle rookie card fetches near-record $2.88M at auction
  • Former NFL offensive lineman Evan Mathis reaps windfall.
  • Southwest plane accident engine maker issuing new inspection guidelines
  • As Wells Fargo fined $1B, Mulvaney says ‘I have too much authority’
  • SEC advances new broker standards: What you need to know
  • IMF’s Lagarde says global trade marked by lack of trust
  • Criminals using Facebook to sell stolen credit cards, personal information: The Times
  • Oil demand, OPEC create ‘perfect recipe’ for higher prices: Fmr. Shell Oil president
  • Food stamp work requirement in bill is common sense: House Republican
  • Kushner Cos. subpoenaed over rent-control paperwork
  • SunTrust reports data of 1.5M customers possibly stolen by ex-worker

 

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

S&P 500 2,670.14 -22.99(-0.85%)

Dow 30 24,462.94 -201.95(-0.82%)

Nasdaq 7,146.13 -91.93(-1.27%)

Russell 2000 1,564.12 -9.69(-0.62%)

Crude Oil 68.26 -0.03(-0.04%)

Gold 1,337.60 -11.20(-0.83%)

Silver 17.11 -0.12(-0.72%)

EUR/USD 1.23 -0.01(-0.50%)

10-Yr Bond 2.95 +0.04(+1.27%)

 9MarketIndicatorsYahooFinance4.20.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue4.20.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Before we get into what the talk-heads on each side of the left-right media divide have to say, let’s make the Daily Business News perspective simple.  This DNC move can be about one or more of the following: fund-raising, energizing their base, distraction, a way to depose people (if this Democratic case isn’t squashed by a judge), and may be a tacit admission that the Mueller probe has yielded nothing to date.

Bottom line, strategy and tactics. That said, Fox Business, CNBC and Cavuto videos follow with their unique takes on what this means.

Rep. Steve King (R-Iowa) on the Democratic National Committee’s lawsuit against the Russian government, WikiLeaks and the Trump campaign.

CNBC

Cavuto DNC Suit

Fox News Senior Judicial Analyst Judge Andrew Napolitano on the DNC lawsuit over the 2016 presidential race and reports former FBI Deputy Director Andrew McCabe is considering suing the Trump administration for defamation.

DNCSuesTrumpCampaignWikileaksRussiaOver2016electionDailyBusinessNewsMHProNews

Still from Fox Business video, posted above.

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).

4.20.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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 some 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.)

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

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

U.S. Housing Trends and Manufactured Housing, Investor Data

April 19th, 2018 No comments

USHousingTrendsandManufacturedHousingInvestorDataUMHDailyBusinessNewsMHProNews

Publicly traded companies often prepare graphically rich, and insight laden information in their investor relations (IR) presentations.

 

This snapshot here is from UMH Properties (UMH) latest IR presentation.

FavorableUSHousingTrendsManufacturedHomeDailyBusinessNewsMHProNews

UMH is one of the largest community operators in the U.S. They are identified as a Real Estate Investment Trust (REIT) in the manufactured home community (MHC) space.

UMHPropertiesManufacturedHomeCommunityInvestorPresentationManufacturedHousingIndustryDailyBusinessNewsMHProNEws

UMH also operate some retail centers, which their president Sam Landy, JD, mentions as underperforming in video interviews conducted last year. Those videos with their CEO are linked below.

UMHPropertiesCompanyGrowthChartManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesBalanceSheetMetricsChartManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsTheir latest presentation presents some information that is intended to highlight the opportunities and appeal of manufactured homes in the current economic and housing climate.

UMHPropertiesPorfolioGrowthChartManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesPaceofAquisitionsManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNews

 

UMH’s presentation naturally provides reasons why they believe that they’re particularly well suited for an investor to consider.

UMHPropertiesFinancialHighlightsManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesSalesFinanceManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNews

It should be noted, as a disclosure, that the Daily Business News’ parent company and owners hold no stock in any manufactured home operation.

UMHPropertiesLoanPortfolioManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesSamePropertyNetOperatingIncomeManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNews

There is steady growth in recovery of the industry, as the charts below reflects.

2008to2017HUDCodeManufacturedHomeProductionTotalsMHARRManufacturedHousingAssocReglatoryReformDailyBusinessNewsMHProNews

ManufacturedHousingIndustryShipmentsFEMAManufacturedHomesNotMobileHomesTrailersIndustryResearchReportsDataMHProNews

Credits, MHI, Cavco.

But the realities about manufactured housing indeed should reveal reasons why the industry ought to be roaring.

“Trailer House Trauma,” Fresh Look at Manufactured Housing’s Opportunities

UMHPropertiesValueAddedAquistionsManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesstreetViewManufacturedHousingINdustryDailyBusinessNewsMHProNEws

RVs are outselling manufactured homes by some 5 to 1. Yet, even the lowest cost towable RVs are costlier per square foot than a typical manufactured home.  RVs are a luxury item for most, while manufactured homes are a permanent housing option.

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

The new 2018 Up for Growth study reveals just a great the need is for new homes. For more on that, and the realities of why manufactured housing has not yet robustly tapped those new home sales opportunities, click the related report, linked above. ## (News, analysis, and commentary.)

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

Related Reports:

Sun Communities Annual Data and Manufactured Housing Industry Investor Presentation Highlights

Investors’ View of Manufactured Housing Industry Production & Retail – Cavco Industries (CVCO)

  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

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted 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.

Economic Confidence, But Concerns About Housing Signals, Plus MH Market Updates

April 19th, 2018 No comments

CNNmoney4.19.2018ManufacturedHomeStocksMarketsReportsMHProNewsWall Street Journal (WSJ) Global Economics Editor Jon Hilsenrath is featured in today’s video on what’s behind rising bond yields, thoughts on economic confidence, and observations about the housing market.

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.

 

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:

  • Will GE uncover more ‘skeletons’?
  • Amazon and Jeff Bezos are on top of the world
  • Ex-Cambridge Analytica exec: We had access to Breitbart data
  • Crypto company’s stock plunges on SEC probe
  • Karl Marx €0 bills are red hot
  • Men say they were arrested within minutes after arriving at Starbucks
  • Fed official: It’s too early to ease post-crisis rules on US banks
  • The next mega merger could be a $60 billion drug deal
  • China is holding up a $44 billion US tech deal
  • Most investors think 2018 is the peak year for stocks
  • When student loan forgiveness plans might not be worth it
  • 5 ways to afford your first home
  • Watch this robot assemble an IKEA chair in minutes
  • Meet the robot who can put together an IKEA chair
  • Tory Burch: ‘Businesses can do well by doing good’
  • Tesla is being investigated for workplace safety
  • Bed Bath & Beyond is in serious trouble
  • Big banks are minting money right now
  • ‘A new era’: Wynn Resorts appoints 3 women to its board
  • How companies silence women at work
  • Senate moves to repeal Obama-era car loan rule
  • Saudi Arabia ends its movie theater ban with ‘Black Panther’
  • Starbucks has a bold plan to address racial bias. Will it work?

Selected headlines and bullets from Fox Business:

  • Dow pares drop on report Trump not part of Russia probe
  • Oil near late-2014 highs as Saudi backs higher prices
  • Surging gas prices unlikely to dent SUV boom
  • Global debt surges to record high, IMF says
  • Tax Day 2019: Why you should start prepping now
  • Puerto Rico can’t afford infrastructure fix: economist
  • ‘Fearless Girl’ to find new Wall Street home near NYSE
  • Trump-Amazon feud unrelated to postal audit: Mnuchin
  • Wynn Resorts adds 3 female directors to board amid sexual assault claims
  • Former Apple publicist: Kiss your privacy goodbye
  • Nike’s executive exodus continues
  • Bed Bath & Beyond nears junk status as competitive position erodes: S&P
  • Finland dropping universal basic income test program: Report
  • Best and worst stocks to buy right now

 

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

S&P 500 2,693.13 -15.51(-0.57%)

Dow 30 24,664.89 -83.18(-0.34%)

Nasdaq 7,238.06-57.18(-0.78%)

Russell 2000 1,573.81 -9.75(-0.62%)

Crude Oil 68.21 -0.26(-0.38%)

Gold 1,348.10 -5.40(-0.40%)

Silver 17.26 +0.01(+0.07%)

EUR/USD 1.235 -0.0028(-0.22%)

10-Yr Bond 2.91 +0.05(+1.64%)

 9MarketIndicatorsYahooFinance4.19.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

The WSJ’s Global Economics Editor Jon Hilsenrath discusses the tension between the rising bond rates, movement in oil, and concerns over what rates will do to the housing market.

 

JonHilsenrathWSJEconomicEditorDailyBusinessNewsMHProNewsBloomberg 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).

4.19.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

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

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

Recent Polling Favors President Trump, Generic Ballot Sliding toward GOP, Manufactured Home Industry Implications?

April 19th, 2018 No comments

PPPIRecentPollingFavorsPresidentTrumpAsGenericBallotsSlidesTowardsRepublicansMHProNewsSome new public polling suggests possible long term benefits to Democrats, even though the generic balloting for the 2018 midterms are steadily sliding more toward their GOP opponents.

 

According to a Washington Post/ABC News poll found Democrats’ edge had narrowed to 4 points, dropping by half since January.

While there are several individual races where Democrats are out-fundraising Republicans, the Democratic National Committee (DNC) has trailed the Republican National Committee (RNC) by a wide margin for months.

Perhaps the most interesting news note is that even in amidst the well reported mainstream media news bias against President Donald Trump, his approval among white evangelical Christians has risen steadily since the 2016 primaries.

The president’s approval with white evangelicals is now even higher than during the 2016 election.

According to research performed for the non-partisan Public Religion Research Institute (PPRI) finds white evangelical support for President Trump at an all-time high, with 75 percent holding a favorable view of the president and just 22 percent holding an unfavorable view.”

This level of support is far above support in the general population, where Trump’s favorability is at 42 percent,” said PPRI.

FovorabilityofPresidentDonaldTrumpAmongWhieEvangelicalProtestants2015-2018DailyBusinessNewsMHProNews

A southern woman summed it up in a recent cable news spot, when she said that they didn’t vote for their pastor to be president, they voted for Donald Trump, knowing his strengths and weaknesses.

Religious Affiliation, per PPPI

More than seven in ten (71%) white working-class Americans identify as Christian, and white working-class Americans are significantly more likely than the general population to identify as evangelical. Roughly one-third (31%) identify as evangelical Protestant, another one in five (20%) identify as mainline Protestant, and roughly one in five (17%) identify as Catholic.

One-quarter (25%) of white working-class Americans are religiously unaffiliated, a rate comparable to the general population.

Only three percent of the white working class belong to a non-Christian religious tradition.

Looking ahead to the 2020 election, Trump’s support among white evangelicals is also strong. White evangelical Protestants who identify with or lean toward the Republican Party say they would prefer Donald Trump, rather than another candidate, to be the GOP nominee for president in 2020 (69 percent vs. 23 percent),” said PPPI.

President Trump performed better among minorities in 2016 than Mitt Romney did in 2012, though he still trailed Secretary Hillary Clinton by a wide margin in 2016.  Recent polling indicated that Secretary Clinton’s popularity has steadily eroded since the election.

Pew Research said that black turnout dipped in 2016.

But sentiments like those of Robert Johnson, the first black billionaire who founded BET, may be promising for the president, and those in the GOP like him.  Johnson, who has met with President Trump, flatly denies the accusations of racism lodged against him.

Johnson also said that the president’s policies are clearly improving the circumstances of blacks, and all Americans.  He praised the president’s policies, and said in the video on the page linked above that he has had ready access to key people in the Trump Administration.

 

Industry Impact?

The Manufactured Housing Association for Regulatory Reform (MHARR) has stated for years that manufactured homes aren’t a partisan issue.  MHARR’s lobbying is bipartisan, and they have no PAC.MarkWeissJDPresidentCEOManufacturedHousingAssocRegulatoryReformDailyBusinessNewsMHProNews

JuanitaDugganPresidentCEONationalFederationIndependentBusinessNFIBpostedDailyBusinessNewsMHProNewsThe National Federation of Independent Business (NFIB), which strongly promoted tax cuts, has also praised the president’s regulatory reforms. NFIB numbers hundreds of independent manufactured housing industry businesses, per sources at NFIB to MHProNews.

MHARR’s point about manufactured housing being a bi-partisan issue is true. But it must be noted that Democratic policies in the last decade:

  • created Dodd-Frank,
  • ObamaCare,
  • raised taxes,
  • and witnessed the kind of regulatory overreach such as Democrat Pam Danner, J.D., exhibited during her tenure at HUD of the manufactured housing program.

Each of those have tended to be harmful to the interests of most independent manufactured housing businesses and professionals. Some Democrats have urged a more pro-worker platform, but others have pushed for an anti-Trump campaign.

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HUD and Census Bureau Report Residential Construction Activity in March 2018

April 19th, 2018 No comments

ResidentialConstructionReportPixabayManufacturedHousingIndustryDailyBusinessNewsMHProNews

WASHINGTON, D.C. – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new conventional residential construction statistics for March 2018.

In a release from HUD to the Daily Business News, the following facts were revealed.

HUDNewsheaderManufacturedHousingIndsutryDailyBusinessNewsMHProNews

Building Permits:  Privately owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,354,000. This is 2.5 percent (±1.4 percent) above the revised February rate of 1,321,000, but is 7.5 percent (±1.4 percent) above the March 2017 rate of 1,260,000. Single-family authorizations in March were at a rate of 840,000; this is 5.5 percent (±1.5 percent)* below the revised February figure of 889,000. Authorizations of units in buildings with five units or more were at a rate of 473,000 in March.

NewResidentialConstructionMarch2018HUDUSCensusBureauApril2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Housing Starts:  Privately owned housing starts in March were at a seasonally adjusted annual rate of 1,319,000. This is 1.9 percent (±12.4 percent)* above the revised February estimate of 1,295,000 and is 10.9 percent (±10.0 percent)* above the March 2017 rate of 1,189,000. Single-family housing starts in March were at a rate of 867,000; this is 3.7 percent (±11.8 percent)* below the revised February figure of 900,000. The March rate for units in buildings with five units or more was 439,000.

NewResidentialConstructionMarch2018HUDUSCensusBureauApril2018TrendLinesMarch2013toMarch2018SAARManufacturedHousingIndustryDailyBusinessNewsMHProNewsHousing Completions:  Privately owned housing completions in March were at a seasonally adjusted annual rate of 1,217,000. This is 5.1 percent (±16.0 percent)* below the revised February estimate of 1,282,000 and is 1.9 percent (±13.4 percent)* above the March 2017 rate of 1,194,000. Single-family housing completions in March were at a rate of 840,000; this is 4.7 percent (±12.3 percent)* below the revised February rate of 881,000. The March rate for units in buildings with five units or more was 317,000.

These statistics from HUD don’t include manufactured housing.  The graphic below from Skyline and Champion reveal that manufactured housing has been underperforming for over a decade.

The latest manufactured home shipment report is linked below.

A new report by Up for Growth reveals that millions of housing units are needed.

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

An in depth look at their housing underproduction report, as it relates to manufactured housing is linked above.  ## (News, analysis, and commentary.)

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.