Oil Price Drop not Affecting Manufactured Home Communities in Texas Town

mfg home credit mhpronews
Stock image from Wikipedia, not of the community in question.

Manufactured home communities around Midland, Texas where the oil industry has been bustling are not suffering despite the drop in international oil prices. Chase Gardaphe opened the 171-homesite Stonegate Manufactured Housing Community in Jan. 2014 and filled up in five months. He plans to open a larger community, saying a strong demand for housing in the area continues.

“Regardless of what happens, there’s still going to be — and will always be — a demand for affordable housing that is nicer than you’d expect,” he said. Ninety-five percent of his residents own their homes, as mrt informs MHProNews.

Kelly Autry, manager of the Airline Mobile Home Park said his community is 99 percent full, although calls from potential residents has fallen in recent months. ##

(Photo credit: MHProNews–manufactured home community)

matthew-silver-daily-business-news-mhpronews-com   Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

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