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An “Ideological Echo Chamber” – and Manufactured Housing Progress

January 17th, 2019 No comments

 

AnIdeologicalEchoChamberManufacturedHousingProgressMHIlogoClaytonHomesLogoBerkshireHathawayLogo

That quoted part of the headline phrase comes from the Prager University video, post further below.  But before we get to that, a few manufactured housing industry related thoughts.

 

An “ideological echo chamber” arguably exists inside manufactured housing, and outside of the factory-built housing industry too.

 

WhatIsWrongIsThatWedontAskWhatIsRightGKChestertonMHProNews

The video posted is one of thousands of possible examples of the phenomenon of what could be termed, corporate censorship. It’s a troubling trend, which can take on a left-right division.  But it may also be a case of boldly trying to silence dissent, regardless of ideology.

Accountability is a theme on the Daily Business News on MHProNews. One of the traditional roles of media is to hold the powerful to account.

If one heeds the words and claims – for example – of only the pro-Manufactured Housing Institute (MHI), then several ‘mysteries’ exist in the modern MH Industry. How can the sales of manufactured homes be at such a low level of sales, during a serious affordable housing crisis?  Why is it that tiny houses are cool, but manufactured homes are so often justly snubbed as ‘trailers?’

Listen to MHI, their self-promoting video, their emails, or through their ‘echo chamber’ and they speak with a straight face about progress and “momentum.”

 

LeveragingMomentumCreationNewClassofManufacturedHomesManufacturedHousingInstituteMHILogoDailyBusinessNewsMHProNews600

 

What momentum? Reverse momentum?

 

ManufacturedHousingInstituteLogoMHILogoScreenCpaturesMHIvideostatisticalclaimsDailyBusinessNewsMHproNews

 

Have they looked at the new manufactured home shipments trend in recent months? ICYMI, the latest data is found in the report, linked from the text/image box below.

 

Manufactured Home Production Decline Accelerates in November 2018

 

Or have they noticed at MHI that some states have had declining new manufactured home shipments, during an affordable housing crisis?

 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

 

Despite apparent and alleged efforts to silence this pro-growth platform, thousands of the industry’s professionals have responded by reading more on MHProNews, not less.

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

Graphic by Skyline Champion, commentary by MHProNews.

 

But is that part of the point? Is the Omaha-Knoxville-Arlington axis against growth? If so, why?

The logic would be odd to most, other than a debatably brilliant but troublingly monopolistic moat builder. Slow, no, or negative growth logically reduces the values of businesses and manufactured home communities. That’s a way of artificially creating more ‘value’ for a ‘bargain hunter’ – like Warren Buffett.

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

Information control is an attempt at thought control. With that tee up, consider the experience of the professional from Google, which is another monopolistic force that this trade media has sounded the alarm about.  What’s purportedly happening at Google, to Prager U, or to others who are expressing views that the powers that be don’t like is brute market forces that aim to silence opposition.

 


If all of the information in MHVille were the same – an MHI ideological echo chamber, that says or parrots only what the Omaha-Knoxville-Arlington axis and their allies or surrogates want – then that could isolate individuals from facts, evidence, and insights that have a different possible interpretation of the data.

If their axis positions could stand on their own merits, why don’t they just publicly debate the evidence? Or is that too logical, fair, and honest?

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Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

There are reasons people try to silence dissent. It is usually because those dissenters are making a point that those who want to silence can’t refute by reason alone. So they turn instead to intimidation, force, or other methods – like corporate censorship.

See the related reports, linked below. “We Provide, You Decide.” © (News, analysis, and commentary.)

 

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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.

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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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

New NAMHCO Association Challenges Manufactured Housing Institute on DTS, Financing, and More

Manufactured Housing Institute’s Three Stooges? SECO ‘Leaders’ George F. Allen, Spencer Roane, Tom Lackey and ‘Rent to Own’ Scams?

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


White House Thanks CNN’s Acosta, Plus Manufactured Housing Market Updates

January 16th, 2019 No comments

CNNmoney1.16.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere is no incentive for either side to backdown in the shutdown struggle, said Charles Lane, opinion writer for the left-of-center Washington Post.  Both sides are dug in, and are playing to their respective bases.  So, the longest shutdown on record continues, and notably, the stock markets have in recent weeks risen.  On another day where most tracked manufactured housing stocks rose, we’ll look at the lighter side of the border battle, as the White House thanked nemesis CNN’s Jim Acosta for his report from the border.  That will be our feature 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 belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

Select bullets from CNN Money…

  • Sears might make it after all
  • A last-minute offer to save Sears has cleared one of the last hurdles. Now, a judge must decide
  • Two things matter to the market in 2019: the Fed and company earnings
  • Companies are waking up to the dangers posed by climate change
  • UK businesses blast Brexit ‘rollercoaster ride’
  • LIVE UPDATES Dow jumps; Goldman Sachs has its best day in nearly a decade
  • Snap shares slump after CFO exit
  • Netflix’s price hike: How much is too much for consumers?
  • Goldman Sachs CEO apologizes to people of Malaysia
  • David Haskell promoted to editor in chief at New York magazine
  • America first? Small US stocks are hurting from the trade war
  • Bob Marley-branded CBD drinks coming to stores soon
  • Shopping Content by CNN Underscored
  • These earbuds are an alternative to AirPods
  • Citigroup pays women 30% less than men
  • 20180116-brexit-shutdown-trade-gfx
  • Trade wars. Brexit. Government shutdown. Uncertainty is everywhere
  • The new Gillette ad which gives a nod towards the MeToo movement. Credit: Gillette
  • What that Gillette ad says about the trend in woke advertising
  • How Amazon’s Alexa got so smart
  • Amazon is using AI in almost everything it does
  • Growing up with Alexa: A child’s relationship with Amazon’s voice assistant
  • Google wants its virtual assistant in every room of your house
  • THE CARLOS GHOSN SAGA
  • France says Renault should replace Carlos Ghosn
  • Auto magnate’s wife slams Japan’s legal system
  • How Japan’s corporate culture allows corrupt CEOs to win
  • Carlos Ghosn’s arrest shows that even visionaries need oversight

Select Bullets from Fox Business

 

  • Stocks rise as Goldman Sachs, other big banks release positive profit reports
  • Trump’s AG nominee Barr may target big tech
  • IRS waives penalty for some Americans who underpaid taxes
  • Government shutdown: What top lawmakers are paid
  • These are the best banks in America right now
  • Pelosi to Trump: Reschedule State of the Union address
  • Consuming vitamins, supplements can be extremely dangerous, Dr. Mike warns
  • Here’s where the world’s high net worth individuals live
  • Most high net worth investors had the majority of their portfolio in liquid assets.
  • Sears employees upset over Lampert’s bid win
  • Kia, Hyundai recalling 168,000 vehicles for fire risks
  • Nike unveils ‘Adapt BB’ self-lacing basketball sneaker: What to know
  • ‘Fortnite’ security flaw allowed hackers to make purchases, listen to players
  • The real reason why Macy’s struggles continue
  • Marley’s cannabis-infused drink will be in stores soon
  • Retailer Shopko enters Chapter 11 bankruptcy amid mounting debt
  • Democrats introduce $15 minimum wage bill
  • GOVERNMENT AND INSTITUTIONS
  • Waters, House panel may heighten Wall Street oversight
  • Brexit Deal Rejected: What’s Next?
  • Why British PM May should opt for no-deal Brexit
  • Brexit deal soundly rejected by British lawmakers
  • The Brexit Vote: How much should we care?
  • LIFESTYLE AND BUDGET
  • Marriott to rename loyalty program after cyber attack
  • Personal finance: The truth about becoming an American millionaire
  • Government shutdown and your health: What you need to know
  • Small business government shutdown cheat sheet
  • Lawmakers who are forgoing pay amid shutdown
  • Continue to Government shutdown
  • Travelling to Super Bowl LIII could become an issue amid shutdown
  • Apple in talks with private Medicare plans to subsidize its watch: Report
  • Why oil, gas giant ConocoPhillips stock bucked industry trends
  • Retail Apocalypse: These big retailers closing stores, filing for bankruptcy

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

9MarketIndicatorsYahooFinance1.16.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.16.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

WhiteHouseThanksCNNJimAcostaPlusManufacturedHousingMarketUpdatesDailyBusinessNewsMHProNews

Sometimes, the news takes an unexpectedly lighter turn. That happened a few days ago, when anti-Trump CNN champion, Jim Acosta went to the border to prove that there was no crisis or emergency.

 

The border battle is at the heart of the federal government shutdown, for both Democrats and Republicans.

In under two minutes, this video will cause some to smile, and others to frown.  The longest shutdown continues.  It is said that it will increasingly have an economic impact, which for now is limited to roughly a million federal workers and contractors.

It’s a symbol of divided government.

See the related reports, by clicking the linked text/image box below, for the facts behind this evening’s vexing video irony.

Related Reports:

“Playing Politics” – Immigration, Border Battle, and Manufactured Housing

 

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).

1.16.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

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(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.

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Eyes on Small Business Optimism Index In December, Update

January 16th, 2019 No comments

 

EyesOnUSSmallBusinessOptimsmIndexDecember2018UPdateDailyBusinessNewsMHProNews

The National Federation of Independent Business (NFIB) has released their Small Business Optimism index for December, 2018.

 

In a release to the Daily Business News on MHProNews, NFIB said, “The NFIB Small Business Optimism Index remained basically unchanged in December, drifting down 0.4 points to 104.4…Unfilled jobs and the lack of qualified applicants continue to be a primary driver, with job openings setting a record high and job creation plans strengthening. Reports of higher worker compensation remained near record levels and inventory investment plans surged. Expected real sales growth and expected business conditions in the next six months, however, accounted for the modest decline in the Index.”

Optimism among small business owners continues to push record highs, but they need workers to generate more sales, provide services, and complete projects,” said NFIB President and CEO Juanita D. Duggan. “Two of every three of these new jobs are historically created by the small business half of the economy, so it will be Main Street that will continue to drive economic growth.”

Given the volatility in the equities markets last month, this report is encouraging news.

NFIBSmallBusinessOptimismIndexDec2018DailyBusinessNEwsMHProNews

 

A recent historical perspective:

  • Actual hiring strengthened to the highest reading in six months, job openings are at a record high levels, and plans to create new jobs are down only three points from August’s record high.
  • The net percent of owners expecting better business conditions in six months and the percent viewing the current period as a good time to expand have both tapered off since the record high Index reading in August but still remain well above their historical averages.
  • Actual capital outlays are five percentage points higher than in August, although plans for outlays are eight points below the high for this expansion.
  • Plans to invest in inventories are only two points below August, the record high. Satisfaction with inventories is two points better.

 

NFIBSmallBusinessOptimismIndexDec2018ElementsDailyBusinessNEwsMHProNews

An early January NFIB Jobs Report noted that job creation remained solid with a net addition of 0.25 workers per firm.  That’s up from 0.19 in November and the best reading since July. A seasonally-adjusted net 23 percent plan to create new jobs, up one point from November’s reading.  Not seasonally adjusted, 23 percent plan to increase total employment at their firm (up one point), and five percent plan reductions (down two points).

 

A record 39 percent of small business owners reported job openings they could not fill in that current period. About sixty percent of owners reported hiring or trying to hire, but 90 percent of those reported few or no qualified applicants for the position.

That’s a concern often heard in manufactured housing, too.

Twenty-three percent of owners cited the difficulty in finding qualified workers as their “Single Most Important Business Problem.”

Recently, we’ve seen two themes promoted in the public discourse: first, the economy is going to overheat and cause inflation and second, the economy is slowing and the Federal Reserve should not raise interest rates,” said NFIB Chief Economist Bill Dunkelberg. “However, the NFIB surveys of the small business half of the economy have shown no signs of an inflation threat, and in real terms Main Street remains very strong, setting record levels of hiring along the way.”

The percentage of business owners reporting increased employee compensation continued at 45-year record high levels. In December 2018, a net 35 percent reported increasing compensation and a net 24 percent reported planned increases in the next few months.

Hundreds of manufactured housing industry companies are represented by the NFIB, per sources at that giant small business trade group.  But the representation is more general business, not industry specific.  Thus, their support for tax cuts, healthcare, and other reforms that appeal to a wide swath of different industries. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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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.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

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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.

 

Related Reports:

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New NAMHCO Association Challenges Manufactured Housing Institute on DTS, Financing, and More

Manufactured Housing Institute’s Three Stooges? SECO ‘Leaders’ George F. Allen, Spencer Roane, Tom Lackey and ‘Rent to Own’ Scams?

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


New NAMHCO Association Challenges Manufactured Housing Institute on DTS, Financing, and More

January 16th, 2019 No comments

NewNAMHCOLogoNationalManufacturedHousingCommunityOwnersLogoMHIlogoChalelngesDTSFInancingMore

The new National Association of Manufactured Housing Community Owners (NAMHCO) has launched another proverbial shot across the bow of the establishment Manufactured Housing Institute (MHI), that they broke away from last year.

 

While it is too soon to see what the effectiveness of this new trade group will be, they are reporting that they are tackling issues that the MHI is widely seen as failing the industry’s communities, and others too, on in their lobbying.

Keen industry observers wonder if this may cause MHI to stop posturing, and start doing?

The news release that was provided to the Daily Business News on MHProNews is as shown below.  It will be followed by some related reports and other relevant information.

NAMHCO-NationalAssociationManufacturedHousingCommunityOwnersPressReleaseDailyBusinessNewsMHProNews

NEWS RELEASE

 

January 11, 2019

 

Greetings members from NAMHCO Lobbyist Tom Heinemann:

 

Happy New Year!

 

As the Federal Government shutdown enters its third week, Susan Brenton and I have been working with the Board to finetune NAMHCO’s policy priorities and have started conversations with key Congressional offices, Freddie Mac, and advocacy groups and Federal Departments, including HUD and the Federal House. So far, we have been welcomed as a new independent voice on manufactured housing.

 

Over the next several weeks we will be shaping the priorities that impact NAMHCO that impact the membership, including:

 

·      Reducing regulatory burdens community owners face with seller-financing manufactured homes in their community.

·      Increasing financing options and affordability for prospective buyers of manufactured titled as chattel through working with Fannie Mae and Freddie Mac’s Duty to Serve Chattel programs.

·      Increasing financing options for community owners through Fannie Mae and Freddie Mac’s multifamily manufactured housing Duty to Serve efforts.

·      Easing regulations governing the installation of homes in existing communities.

·      Ensuring Fair Housing regulations do not place undo burdens on tenant screening,

 

while also recognizing that local zoning ordinances can have an adverse impact on the affordable housing communities provide.

 

To the news:

 

Government Shutdown: HUD, Agriculture Closed; FHFA, CFPB Open:  The current government shutdown has entered its third week.  Federal agencies that impact the MH industry that are closed include: HUD, which sets construction standards, and offers a little used chattel finance program (Title I); and the department of Agriculture, which offers guaranteed loan programs for manufactured housing.  Agencies that are funded through user fees, such as the Federal Housing Finance Agency and the Consumer Financial Protection Bureau remain open. Additionally, the Department of Energy, which is contemplating energy efficiency standards for manufactured housing is open.

It should be noted, that while HUD is shuttered, labels are still being issued, and designs approved by its third-party contractor, IBTS.

 

The House has passed numerous bills to re-open the government, however broader appropriations are tied to the Administration’s request for $5.7 billion for a border wall, which Democrats oppose.

 

Freddie Mac: Publishes Paper on the Prevalence of Tenant Protections in MHCs: Last month, Freddie Mac published an analysis of tenant protection laws across the 50 states.   As part of its Duty to Serve plan, Freddie Mac would purchase mortgages on manufactured home communities that had a suite of consumer protections for Duty to Serve credit. Both GSE’s (Freddie Mac and Fannie Mae) purchase mortgages on MHC’s as part of its multifamily business.  The report found that no one state has the full complement of protections.

 

Here’s where Arizona, Nevada, and California stand:

Resident Protections Download Linked Here.

 

 

The entire Freddie Mac report can be found here:

 

NAMHCO has reached out to Freddie Mac to be a part of the discussions around this initiative.

 

For more information, contact:

Susan Brenton: suebrenton@me.com or 480-966-2446

 

 

 

2158 N Gilbert Rd, #116

Mesa, AZ 85203

About 1/3 of new manufactured home shipments go into manufactured home communities.  With shipments declining during an affordable housing crisis, there are eyes on both this new post-production association and MHI, to see what steps – if any – they will take to address the pressing matter. If NAMHCO is successful in some of the above, it will be a good sign. Stay tuned. See more in related reports, linked below the byline and notices.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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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.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

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

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2) To pro-vide 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 Re-sources

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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

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State AG Files Suit Against, Manufactured Home Community, Rent to Own, Lease Purchase Option Warning

“Major Step” in Independent National Post-Production Manufactured Housing Advocacy Taken, Per Trade Group

Manufactured Housing Institute’s Three Stooges? SECO ‘Leaders’ George F. Allen, Spencer Roane, Tom Lackey and ‘Rent to Own’ Scams?

 

 

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


No Kings in America? – John Sherman ‘Speaks’ to Manufactured Housing

January 16th, 2019 No comments

 

NoKingsInAmericaJohnShermanSpeakstoManufacturedHousingDailyBusinessNewsMHProNews

If we will not endure a king as a political power, we should not endure a king over the production,
transportation, and sale of any of the necessities of life
.”

— John Sherman

 

Sherman was a mover in what today is known as the Sherman antitrust act. The act was sponsored by Senator John Sherman (1823–1900) of Ohio, as a leading anti-monopolistic leader.  The quotes speaks for itself. Among the necessities we should not have a monopoly over the production of affordable manufactured housing.

 

JohnShermanWikiDailyBusinessNewsMHProNews

 

The next two more contemporary quotes are more sobering.  Both come from the political left.

Antitrust law isn’t about protecting competing businesses from each other,
it’s about protecting competition itself on behalf of the public
.”

–      Al Franken

 

This antitrust thing will blow over.”

–      Bill Gates

 

Keep in mind that Gates’ Microsoft was the target of an antirust action. Gates and Warren Buffett are in several ways, joined at the hip. Gates, in a very specifric sense, turned out to be correct.  More on those points another time.

This quote below is also from the progressive side of the aisle. All but the first and next quote are from AZ Quotes.

From a non-profit’s website: “The Open Markets Institute uses journalism to promote greater awareness of the political and economic dangers of monopolization, identifies the changes in policy and law that cleared the way for such consolidation, and fosters discussions with policymakers and citizens as to how to update America’s traditional political economic principles for our 21st century digital society.”

Let’s turn to a former and famous president.

Beware of that profound enemy of the free enterprise system who pays lip-service to free competition, but also labels every antitrust prosecution as a persecution.”

–      Franklin D. Roosevelt

 

Back to Franken.

Most Americans don’t think about antitrust law when they look at their cable bill, flip channels on TV, or worry about what their favorite website knows about them. But they should.”

–      Al Franken

 

Changing technologies, changing marketplaces, and even changing trends in anti-competitive practices have all presented challenges to antitrust enforcement.”

–      Al Franken

 

Then, there is Green Party candidate for president, Jill Stein. For all of these, keep in mind, wheat and chaff.  You don’t have to agree on everything, to agree on specific things.

We need to use antitrust laws. You know, we need to create real media again.”

–      Jill Stein

It’s time to use the antitrust laws and to break up this conglomerate corporate media that has now poisoned our democracy to the point that our very survival is at risk for the kinds of monstrosities that are flourishing in our corporate media dominated discussion.”

–      Jill Stein

There are voices on the right that favor use of antitrust action.  One of them is below.

Vigilant and effective antitrust enforcement today is preferable to the heavy hand of government regulation of the Internet tomorrow.”

–      Orrin Hatch

Here’s a surprising one, a former Democrat, who today is a member of the GOP.

If I am elected President, I will end the special interest monopoly in Washington, D.C.

– Donald Trump

 

From President Donald J. Trump, to a plank in the Democratic Party’s ‘new deal’ plan, and others in between, are calling for a break-up of several major conglomerates.  From the FAANGs, to major media conglomerates, to Berkshire Hathaway and others, there is a need to restore balance to both the market and politics. Regulations can’t fix this, only a breakup – like the AT&T breakup – will do.

A useful overview of the topic of monopoly is explored in a reasonably balanced way in this video below.  For example, the video explains the limited cases – such as public utilities – when a monopoly can make sense, although that too could become a dated view as various technologies emerge that could allow more competition for utilities.  The video uses facts and humor as it educates, and has had hundreds of thousands of views.

 

Monopolies and Anti-Competitive Markets: Crash Course Economics

 

 

Those voices in MHVille that stand mute or even actively oppose a discussion of monopoly are practically defending those that are monopolizing manufactured housing. That hurts independent businesses, consumers, government – almost everyone – save for the limited numbers who are doing the monopolization.

As an independent operation that favors free enterprise, we stand foursquare against monopolistic forces, because they are corrosive of the economic and thus political system in America. See the related reports, linked below. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

“Major Step” in Independent National Post-Production Manufactured Housing Advocacy Taken, Per Trade Group

 

 

 

 

 

 

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Clayton Homes’ Vanderbilt Mortgage and Finance Customer Experience Video, What It Says, What Does It Mean for Manufactured Housing Pros?

January 15th, 2019 No comments

 

ClaytonHomesVanderbiltMortgageFinanceCustomerExperienceVideoWhatItSaysWhatDoesItMeanforManufacturedHousingProsDailyBusinessNewsMHProNews

Berkshire Hathaway owned Clayton Homes and Vanderbilt Mortgage and Finance (VMF) are well known, dominating brands in manufactured housing.

 

So, it should be of interest to the industry’s independents, who often have no choice but to deal with the marketplace realities of Clayton and VMF. This Daily Business News on MHProNews report will briefly tee up the following VMF video, and then lay out a focused analysis and commentary.

 

Welcome Home Customer Experience Video

Let’s stipulate that Clayton Homes and their ‘captive’ or related lender, Vanderbilt Mortgage and Finance (VMF).

It’s thus also fair to say that the various paid or unpaid people on this video by VMF meant what they said.

 

But does the fact that they have to make a video at all may be a signal of problems in the public perception of the brands based in metro Knoxville, TN?

Or that 6 months after they published this video on YouTube, that they’ve only had 55 views is another possible signal.

An amateur video, with terrible quality produced by a “pissed customer” has had over 5500 more views than this professionally made video by Clayton’s VMF. That’s sobering, because it is viewers that either do or don’t become buyers.

 

VanderbiltClaytonHomesComplaintsGoogle1152019DailyBusinessNewsMHProNews

PLEASE-PLEASE-PLEASE-InvestigateVanderbiltMortgageAndFinanceVMFClaytonHomesDailyBusinessNewsMHProNews

Another video – this from a Knoxville, TN based news outlet – also from 2018 reflects concerns over racism, predatory lending, and more.  That is echoed by a one-time Clayton team member.  It has dozens of times more views that the VMF videos does.

 

 

Real Problems That Ignoring The Signs Won’t Fix

There is a genuine problem that manufactured housing professionals are recognizing. Shipments during an affordable housing crisis are declining, not growing as the Berkshire brands dominated Manufactured Housing Institute (MHI) predicted. The linked report below speaks volumes, ICYMI, just click the text/image box for the details.

 

Manufactured Home Production Decline Accelerates in November 2018

 

MHI is arguably offering only photo ops – literal head fakes – in response to blank-and-white data.  No explanation, no plan, on fixing what is obviously wrong. Just posturing with politicians, the same things that have occurred for years on end.  Yet, here we are as an industry, with sliding production?

 

HouseMajorityLeaderStenyHoyerD-MDMHIEVPGovtAffairsChiefLobbyistLesliGoochPhDphotoDailyBusinessNewsMHProNews

Beyond their own head-fakes and red-herrings, they are apparently using surrogates to do more of the same.

The status quo should not be tolerated, unless the individual firms that make up the industry want to go the way of the buggy whip.  Clayton, VMF, 21st, and MHI “leadership” has been a bridge to nowhere.

Just as the manufactured home communities’ sector has launched a new post-production sector association, so too a new independent retailers – and other post-production firms – association is also needed. That proposed trade group should be one that can make the distinctive case for manufactured housing, apart from the seemingly toxic nature of the Berkshire brands and their Arlington, VA based MHI.

New post-production leadership is needed, and fast. See the related reports, linked below. “We Provide, You Decide.” ©  ## (News, analysis, and commentary.)

 

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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.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

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

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide 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 Re-sources

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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Clayton Homes Fights Zoning, for “First Class Manufactured Homes” – Mainstream Media Reports

 

Former Manufactured Housing Institute President, Manufactured Home Owners, Urban Institute, and You

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

“Major Step” in Independent National Post-Production Manufactured Housing Advocacy Taken, Per Trade Group

“What Are We, Chopped Liver?” MHI Member December 2018 Reactions

 

 

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


National Housing Conference CEO David Dworkin, Economic Impact of Partial Federal Shutdown, Plus MH Market Updates

January 15th, 2019 No comments

CNNmoney1.15.2019ManufacturedHomeStocksMarketsReportsMHProNewsBroader markets rose today, as did many of the manufactured housing industry tracked stocks. But among the more talked-about issues by investment watchers and business sites this afternoon are the growing concerns that the partial federal shutdown will have more of an economic impact than was initially thought. That will be our market focus 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 belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

Select bullets from CNN Money…

  • Theresa May’s Brexit deal is in tatters
  • The pound is shrugging off the prime minister’s huge defeat
  • A monumental defeat for Theresa May’s Brexit deal
  • What the pound says about the future of Brexit
  • LIVE UPDATES Stocks end higher, pushing Nasdaq to a one-month high
  • Why the market is still a good bet in 2019
  • Morgan Stanley thinks another market storm is coming
  • Jamie Dimon says the shutdown is bad for the economy
  • Women could boost the global economy, but outdated laws are holding them back
  • Blue Apron hints at a profit, shares spike
  • JPMorgan earnings: A master class in how market volatility can hurt banks
  • Delta CEO says government shutdown is costing airline $25 million a month
  • Why journalists at the nation’s largest newspaper chain are nervous
  • Microsoft and Walgreens join forces to take on Amazon in health care
  • Shopping Content by CNN Underscored
  • These earbuds are an alternative to AirPods
  • Why it’s so hard to get dressed for work
  • Ford unveils its most powerful Mustang yet
  • Ford and VW alliance may create cars of the future
  • Toyota brings back the fast and sporty Supra
  • Hyundai big winner at Detroit auto show
  • Ford’s new GT500 is its most powerful car ever
  • The long-awaited Toyota Supra is here
  • Danone’s getting serious about low-sugar yogurt
  • Taco Bell will test a vegetarian menu
  • Starbucks’ new Bali store is designed for tourists
  • Chipotle’s new strategy: Dieters welcome
  • This coffee company thinks it can beat Starbucks in China

Select Bullets from Fox Business

  • IRS recalls 60% of workers to handle tax refunds amid partial shutdown
  • Stocks close up on China stimulus hopes, tech company gains
  • Netflix announces biggest price hike yet
  • Brexit deal soundly rejected by British lawmakers
  • Personal finance: The truth about becoming an American millionaire
  • Walgreens, Microsoft team up in massive health care deal
  • Jamie Dimon: Next US recession won’t look like ’07
  • Apple spends $150M on United Airlines annually, leaked documents show
  • Amazon to start hiring at HQ2 in New York
  • The financial struggles of unplanned retirement
  • Trump’s Clemson fast food feast cost $3K: Report
  • Sanders’ $15 minimum wage could cost US millions of jobs, critics warn
  • With Trump out for Davos, here’s who will take his place
  • Sears bankruptcy bids first step in ugly process
  • Volkswagen to invest $800M, build electric vehicles at Tenn. plant
  • Minimum wage debate: Former McDonald’s CEO on higher pay fallout
  • Trump considering former Pepsi chief to head World Bank: Report
  • US military members get 2019 raise
  • IRS launches free tax prep software ahead of filing season

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

9MarketIndicatorsYahooFinance1.15.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.15.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

NationalHousingConferenceCEODavidDworkinEconomicImpactPartialFederalShutdownPLUSmhMarketUpdatesDailyBusinessNewsMHProNews

There are now voices, including within the Trump Administration, that believe that the partial federal shutdown will have roughly double the economic drag as was first believed.

 

A discussion of some of that topic is found in the Fox Business video, posted below.

 

 

At the core of this is still a battle over the border, barriers, and immigration policy.

There is no doubt short term pain for a growing number of citizens.  At the same time, how is that balanced over the long-term pain experienced by millions?  This debate won’t end soon, that’s obvious.  Some related reports can be accessed for more insights via the linked text/image boxes below.

 

Related Reports:

 

Teen “Sex Slave” in “Mobile Home Park” – Kid Lured by Gaming App, per ABC, State Officials

 

State AG Files Suit Against, Manufactured Home Community, Rent to Own, Lease Purchase Option Warning

 

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).

1.15.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


The Lighter Side of Manufactured Home Marketing?

January 15th, 2019 No comments

 

TheLighterSideOfManufacturedHomeMarketingBrigadierHomesWacoTXDailyBusinessNewsMHProNews

Let’s be clear, the Daily Business News on MHProNews believes in correct terminology and many points that have been shared over the years.

 

That said, this column recently spotlighted an “epic” mobile home commercial. That prior, recent report, is linked via the text/image box below.

 

New Year’s Respect for Those Who Get It Done, Epic, Honest, Mobile Home Professional’s Plug

 

In the wake of that report, Kavan Simon and a colleague at Brigadier Homes, in Waco TX sent two video embed codes.  We are not hereby endorsing or recommending this, but rather, reflecting how the sense of humor of some in our industry can shine through via their marketing.

They sent two versions of this video.  Each are shown below. We like the longer version better. But check out both, and let us know what you think?

 

Long Brigadier Homes Video

 

 

Short Brigadier Homes Video

Humor is Grand, But Good Service Shines Through

It should be noted that this Texas operation, per reports, sells a lot of new manufactured homes.  The drone footage of the sheer size of their manufactured home retail center’s inventory suggests that too.

Here is their Better Business Bureau (BBB) rating, from this date.

 

These videos were just posted yesterday.  So, it will be interested to see how this will compare to the videos posted by the Manufactured Housing Institute (MHI) to ‘promote’ the industry after a year.  Stay tuned. That’s the lighter side of manufactured housing industry news and views.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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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.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

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

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide 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 Re-sources

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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

Details Emerging on Amazon’s Plans for Plant PreFab Modular Home Investment

Ford and Toyota Teach Manufactured Housing Professionals and Investors

The “Need For Quality Affordable Housing Has Never Been Greater,” Says LT

 

MHI Allies Respond, Provide Confirmation to #NettlesomeThings, Facts, and Clayton/Berkshire Exposés

 

 

 

 

 

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Teen “Sex Slave” in “Mobile Home Park” – Kid Lured by Gaming App, per ABC, State Officials

January 15th, 2019 No comments

 

TeenSexSlavesMobileHomeParkLuredGamingApPerABCFloridaLawEnforcementOfficialsDailyBusinessNewsMHProNews

 

State officials and an ABC Action News are reporting on an eight-month long investigation of state human trafficking that involved teen age victims used as “sex slaves.”

 

AshleyMoodyFLAttorneyGeneralManufacturedHousingIndustryDailyBusinessNewsMHProNewsFlorida’s newly-installed State Attorney General, Ashley Moody said that, This case is just one example of how I will work daily with my Office of Statewide Prosecution and Florida’s great law enforcement officers to combat human trafficking and rescue survivors. The teenage victim in this case was lured away from his family with promises of a better life. Instead, he was moved into a filthy trailer and used as a slave for nearly a year. As a mother, I cannot even begin to express how disturbing the facts of this case are to me.”

Six people were arrested in the troubling case. The investigation reportedly was launched when Louisiana law enforcement contacted St. Petersburg, FL police department, with information about a missing 17 year-old boy. They said they thought the 17 year old was in what was described as a “mobile home” at “4000 24th St. North, Lot 12, Silver Lake Mobile Home Park in St. Petersburg.”

The brief still of the home in question is not clear, but it may indeed be a pre-HUD Code mobile home.

 

 

Investigators are working under a belief that the victim was lured through an online gaming app, called Discord.  The gaming ap allows users to communicated directly with each other. The ap was allegedly used it to coordinate picking the teen up and then driving him to St. Pete.

The minor victim is reporting receiving specialized trauma-care designed for victims of human sexual trafficking.

Four adults – Mark Earl Dennis, Andrew Barry Dennis, Curtis Lee Gruwell, and Michael Wayne Schwartz – were reportedly in the “mobile home” with what last year was the 16 year old boy.

Mark Dennis, Andrew Dennis, Schwartz, Blasdel, Gauthier and McGlamory are all charged with conspiracy to commit human trafficking and interference with custody. Dennis claimed to be the boy’s biological father, but could provide no proof of that claim, per reports.

Mark Dennis, Andrew Dennis, Blasdel and Gauthier are also charged with sexual battery. However, Gruwell is still at large. Authorities are asking for leads from the public, at the time that this article is being drafted – Monday night – for Tuesday morning publication.

 

 

The Department of Children and Families and Homeland Security reportedly assisted in this tragic, but increasingly common, criminal investigation.  See the related reports, below the byline and notices.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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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.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

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

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide 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 Re-sources

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.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

“Playing Politics” – Immigration, Border Battle, and Manufactured Housing

 

Pride and Prejudice: The Truth About Manufactured Home Communities and Crime

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

January 14th, 2019 No comments

CNNmoney1.14.2019ManufacturedHomeStocksMarketsRManufactured home equities closed mixed again today, and the broader markets overall took their second closing dip that started on Friday. Ideally and historically – given that there is an affordable housing crisis – manufactured housing stocks should be more durable than they have been in recent years.  Why the shift, from years gone by?  That will be our investor 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 belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

 

FoxCNNBloombergCNBCLeftRightMEdiaDivideManufacturedHousingIndustryNews

 

Select bullets from CNN Money…

  • The other Sears that isn’t in bankruptcy
  • Hometown stores were supposed to be shielded from Sears’ woes. That’s not how it turned out
  • What moved the markets today
  • Citi is the first bank to report earnings, and the results aren’t great
  • Volkswagen will add 1,000 jobs at Tennessee plant
  • Rival wants to buy USA Today publisher Gannett
  • Bitcoin is 10 years old. But it won’t go mainstream until it’s regulated
  • Wells Fargo has splurged on stock buybacks since fake-accounts scandal
  • Brexit is a nightmare for currency traders
  • Carlos Ghosn’s wife slams Japan’s ‘draconian’ legal system
  • Saudi Arabia: We can ‘easily’ cut oil supply further if global economy stalls
  • Human trafficking is a global epidemic. And we can all help fight it
  • Shopping Content by CNN Underscored
  • These earbuds are an alternative to AirPods
  • 20181220-perspectives-trump-xi-hooper
  • The Chinese investment boom in America is over
  • PG&E, utility tied to California wildfires, will file for bankruptcy
  • How some wellness programs encourage toxic attitudes about body size
  • Wells Fargo has splurged on stock buybacks since fake-accounts scandal
  • It’s paying $575 million to settle fake account claims
  • Facebook and Wells Fargo are in bottomless pits of scandal. They each reacted differently
  • One family’s Wells Fargo foreclosure nightmare
  • Lawsuit says the bank knew for years that auto insurance was hurting customers
  • This Hyundai got its second Car of the Year award
  • Ford redesigns ‘world’s most popular SUV’
  • See the crazy doors on Lincoln’s new $100k car
  • Jeep will make its first pickup in 26 years
  • Tesla will cut prices to combat tax credit phase out

Select Bullets from Fox Business

  • US economy has good momentum in 2019: Fed Vice Chair Richard Clarida
  • Stocks fall as China data raises growth concerns
  • Lawmakers who are forgoing pay amid shutdown
  • US veteran unemployment rate hits all-time low in 2018
  • Bernie Sanders looks to raise federal minimum wage with new bill
  • USA Today publisher Gannett gets $1.36B hostile takeover bid
  • Gymboree plans to file for bankruptcy
  • More Americans fleeing high-tax states
  • IRS launches free tax prep software ahead of filing season
  • What will the future hold for Sears?
  • What’s Next for PG&E?
  • PG&E discloses bankruptcy protection plans, stock falls most ever
  • Now that PG&E is filing for bankruptcy, what happens next?
  • Chief executive of PG&E steps down
  • Toyota boss to Trump: No such thing as American-made car
  • Cadillac president talks electric vehicles, China market
  • Smaller tax refunds could hurt US auto sales in 2019: Report
  • Ocasio-Cortez, left-leaning politicians dominate Twitter talk
  • Here’s what MacKenzie Bezos has said about her husband
  • Amazon may lease large retail space in Chrysler Building: Report
  • Travis Scott required NFL charitable donation for Super Bowl halftime show: Report
  • Why this state will pay you $10,000 to move there
  • Why a cold workout could be more beneficial

 

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

9MarketIndicatorsYahooFinance1.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.14.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

WarrenBuffettsBerkshireHathawayClaytonHomes21stMortgageCorpStrategicMoatPlusManufacturedHousingEquitiesUpdatesMHProNews

Sometimes the best hiding place is the
one that’s in plain sight.”

― Stephenie Meyer, The Host.

Sometimes it’s best to hide in plain sight.”

― David Estes, The Moon Dwellers – both quotes per Goodreads.

The 800-pound gorilla in manufactured housing production is Clayton Homes, a part of the Berkshire Hathaway conglomerate.

Let’s start this evening by defining the term, ‘the Moat,’ as described by Investopedia.

 

InvestopediaWhatIsEconomicMoatManufacturedHousingIndustryDailyBusinessNewsMHProNews

If you want to understand the factory-built housing industry’s arguably incredible potential – vs it’s poor performance in the last 15+ years – one must understand Clayton Homes and their strategic Moat.

When Jeff Bezos’ Amazon Alexa Fund said they calculate the potential of factory built homes at some $330 billion a year, and manufactured housing only did some $6.5 billion in 2017, one must ask, what’s going on?

This feature should be viewed as a ‘hub’ that cross links several related reports.  No one article will cover it all. So Let’s tee this up in a simple fashion.

Almost a year has gone by since the Urban Institute asked the insightful question:

“Manufactured homes could ease the affordable housing crisis.
So why are so few being made?”

The first spoke of the hub is this article with videos of Warren Buffett, Kevin Clayton and others, linked below.  It’s been updated today with a few more useful items.

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

The next spoke of the hub is the use of nonprofits and trade associations. We’ll keep this simple with this report, linked below, that quotes a former Manufactured Housing Institute president at length.

Former Manufactured Housing Institute President, Manufactured Home Owners, Urban Institute, and You

 

Hub number three? It’s an analysis of a report in the Atlantic, that cites Clayton Homes, and correctly predicted certain trend retail lines.

 

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

 

Next consider this surprising factoid. 

While the Urban Institute’s report was useful to manufactured housing, a close look at it by an informed industry professional would reveal certain flaws. Nevertheless, overall, it was a plus, as were reports by the National Association of Realtors, Bloomberg and others in 2018.  So why didn’t MHI highlight those on their website?  How could a trade body that claims it wants the industry to grow miss powerful positive, third party reports to bolster their case? Oversight?  Or part of the Clayton strategic moat?

 

Manufactured Housing Institute on Urban Institute, Bloomberg, National Association of Realtors Reports Praising Manufactured Homes

For those who may wonder why there aren’t more trade associations in manufactured housing, as there are in mainstream housing, the automotive, or RV industries – to name but a few – that’s a point that the Manufactured Housing Association for Regulatory Reform has pushed for years.  They assert that Berkshire dominated MHI is the latest iteration of a longer trend.  The bigger firms have long dominated MHI.  If so, a flawed policies at the ‘umbrella’ association MHI can be used to consolidate the industry by slowly throttling smaller players.  Are MHARR alone in that belief? Apparently not, because a new trade association has recently emerged, accusing MHI of failing independents.

Independent National Manufactured Housing Post-Production Association Takes Major Step

 

MHARR’s 2017 report examining this issue in depth is linked here.

MHARR Releases Study Recommending Independent Collective Representation for Post-Production Sector

For a nation that’s listened to the phrase ‘rigged system’ since 2015, that Senator Bernie Sanders and then-candidate Donald J. Trump made popular, it’s interesting to note that MHARR points to their concerns that MHI and the Berkshire brands have essentially ‘rigged’ the Congressionally mandated Duty to Serve (DTS) part of the Housing and Economic Recovery Act (HERA) of 2008.  Here’s but one of their takes on the DTS issue.  Keep in mind, it’s an attorney who is dotting i’s and crossing t’s that is writing the following.

 

MHARR Exposes GSES’ Failure On Chattel Financing Before Congress

There are numerous voices, past and present, associated with MHI who have been quoted in the report below.  Those varied voices shed lights on different aspects of how the ‘moat’ was built, even though they were not using that phrase.  Some make it clear that MHI is a tool of Berkshire Hathaway.

 

Why Is Manufactured Housing Struggling During an Affordable Housing Crisis? Former MHI President, VP, Other’s Quotable Insights

 

That’s plenty of reading for a while, right?  But once you or anyone starts to get their heads around this, you’ll understand why Maxine Waters, and 3 other Democrats have leveled similar charges against Clayton, their affiliated lenders, as have others across the left-right divide.

As federal investigations press on, one question is, will Democrats and the Trump Administration work to unrig the system?

 

 

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).

 

1.14.2019DailyBusinessNewsManufacturedHousingConne

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.”

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

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