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Key Clayton/MHI/BO Bets Spanked, First Look at Winners & Losers

November 7th, 2018 No comments

 

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There’s work to do.

 

There are still undecided midterm races.  Some may be headed to possible recounts, or an upcoming special election.

First, we will look at the facts, then we will take a glance at what this could mean for manufactured housing (MH) and the industry’s investors.

 

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While details are still outstanding, the broad brushes are now known.

  • Democrats picked up enough seats to take control of the U.S. House of Representatives, but not as many as the GOP waves during the Clinton or Obama administration midterms.
  • The Republicans or GOP (Grand Old Party) have increased their hold on the U.S. Senate.
  • Democrats won some hard fought gubernatorial races, and will have a net gain in state houses, but Dems also lost some high-profile states.

It’s a mixed bag, with plenty of data to unpack for weeks or even months by political experts and analysts.

Some interesting and troubling factoids include, but are not limited to:

  • Former president Barack Obama campaigned in places like Florida, Indiana, Ohio, Georgia, Nevada, California, Illinois, and Pennsylvania.
  • The Netflix-contract beneficiaries -Barack and Michelle Obama’s will earn millions from Netflix millions for years – had results that were decidedly mixed.

Mr. Obama campaigned for Democrats like:

  • Mayor Andrew Gillum, who conceded his race to now Governor-Elect, Ron DeSantis.
  • Stacey Abrams, in Georgia – a higher volume MH state – had stars like Oprah Winfrey came for her too. Abrams has yet to concede the gubernatorial race as this is being written, but trails.
  • Former CFPB director Richard Cordray went down in Ohio to a relative unknown POTUS Trump backed Republican for the governor to replace never-Trump Kasich.
  • Former president Obama embraced Senator Joe Donnelly (IN-D), who lost to relative unknown Mike Braun, who was strongly backed by President Donald J. Trump.
  • Bottom line, in several battle ground (tossup) states, key candidates the 44th president campaigned for, lost. In some states that are strongly Democratic, or are tilting more blue, candidates Mr. Obama backed won.
  • It has to be said that some of Mr. Obama’s campaign events were small to tiny compared to those of President Trump. That has to be a point of concern for Democratic strategists, and by contrast is a bright spot for POTUS Trump, who is his party’s single biggest draw.
  • Some polling was clearly off, while others performed better.

President Donald J. Trump expanded his lead by several seats in the Senate.  These were also other victories in key states he personally campaigned in.

USSenate2018MidtermsABCGoDailyBusinessNEwsMHproNews

For example, in Florida, Ron DeSantis is the Governor-elect there. In the primaries, POTUS Trump backed DeSantis over popular Adam Putnam. That bet paid off.

In states like Indiana, Missouri, North Dakota, Tennessee and Texas, GOP candidates that faced huge fundraising disadvantages that Democratic billionaires wanted, the D’s fell short.  That includes Beto O’Rourke (D) in Texas, which was highlighted for months by the left-of-center media. O’Rourke could still end up as part of a packed field for 2020 among Democratic presidential hopefuls.

GovernorsRaces2018MidtermsABCGoDailyBusinessNEwsMHproNews

By the way, the political race across the board for 2020 is underway.

 

Spanked! Clayton/Buffett/MHI/Billionaires Beaten in Other Key Races

The Clayton-MHI and Buffett-Billionaire Democratic donor class bet on unseating:

  • Andy Barr in KY 6, they lost in a race that President Donald Trump personally campaigned for in the midterm run-up.
  • Now Senator-Elect Marsha Blackburn, who was opposed by the Claytons, even though she and Barr had both carried water for them and MHI in Congress for Preserving Access to Manufactured Housing.
  • Joe Donnelly (IN-D), who was a long-time beneficiary of MHI and their allies largess.

There are several candidates that MHI backed candidates, like Secretary Hillary Clinton’s VP, Tim Kaine, that won. But he won in a reliably blue district.

Perhaps among the more important reveals in this past few months, thanks to MHProNews fact-checks and “Follow the Money” Research is this. MHI, the Clayton’s, Warren Buffett and his fellow Democratic billionaires have been exposed for their arguably duplicitous behavior.

Was Manufactured Housing Advocate Congressman Andy Barr Backstabbed?

 

For examples, see the links above and below.

 

“He’s Lying,” Campaign Insider Video – “Don’t Do Politics?” Tell Jim Clayton, Phil Bredesen, and Marsha Blackburn, Preserving Access to Manufactured Housing Act Supporter

 

Keep in mind, ex-and current MHI members or former Clayton team members have said to MHProNews that this kind of behavior isn’t just reserved for politics.  As but one example, ICYMI or need a refresher, is the example below.

 

Expose! Why Has Warren Buffett/BH Funded Anti-MHC Activists, MHAction? Why Fund Attacks on ELS, Frank Rolfe, Blackstone Group?

 

Some Other Midterm Issues of Interest to MHVille

Some ballot propositions that bear some closer looks for the future are:

  • Prop 10 in California goes down.
  • Prop 4 in FL giving former felons the vote passed.

Another interesting factoid is this. In West Virginia, Joe Manchin (D) vote for Brett Kavanaugh for the Supreme Court, and held his seat. Several battleground state Democrats in the Senate who voted against Kavanaugh, lost.

Representative Mia Love, a conservative Black Republican in conservative stronghold Utah is undecided.  She trails her Democratic challenger, Ben McAdams, that may take days to sort out, per the Salt Lake City Tribune.

Another wildcard?  Mitt Romney, who blasted President Trump during the 2016 campaign, publicly made up as he was considered for Secretary of State by then President-Elect Trump won his race in UT.  Will he be the next John McCain/Jeff Flake Republican? Time will tell.

An estimated 113 million voted, per ABC News.  But only some 13 percent of 18 to 39 year olds voted. That often-played card – that the youth vote would pour out this time – was once more elusive, a drag more on the Democrats who court that block.

We surfed between Fox, CNN, and MSNBC last night.  CNN talking heads, for example, admitted that this was not a “blue wave,” though they were clearly thrilled at the victories in the House.

There were states where far left candidates won, like Vermont or Maryland, but so did GOP gubernatorial candidates in those same states. Interesting? You bet.

 

Overall, It’s a Mixed Bag, With Possible Silver Linings

What is certain is that the Team Trump, with far fewer dollars than the Democrats, stopped those who claimed that the Senate would be lost, where the GOP picked up seats.  From the perspective of the Oval Office, if you must have a divided Congress, holding the Senate was the more important win for the Trump Agenda.  POTUS Trump can now more easily get his nominees for the courts and his cabinet.

An underreported point among almost all media is that several of the Democrats positioned themselves as moderates, or even embracing some of the Trump agenda. That’s arguably a ruse, but it worked for some candidates, while it failed for others.  For example, outgoing Senator Claire McCaskill (MO-D) literally called some of her fellow candidates “those crazy Democrats,” while saying she would support the president on border issues.

It ended up pretty-close to what MHProNews projected, with the GOP Senate lead expanding.  It appears as of this time that 9 of the 11 candidates that President Trump campaigned for in the last week before the midterms saw the GOP candidate win. That’s a history-bucking trend.

 

Lee Carter’s Insights 

We will look in the days ahead at Lee Carter’s insights on the how differently Democrats, Republicans and Independents can “hear” exactly the same thing.  This played a role in the midterms, indeed, in every election for some years.

But it is also an insight for manufactured housing professionals.  Those are among the reasons we will look at that, because it one of the keys to better understanding how more votes – and more customers – can be obtained.

Enough for now to say that messages have to be crafted that break-through the noise that opposition or years of misinformation.

 

Wins and Losses, Lessons and Initial Look Ahead

Each side has interesting or troubling victories and losses. Some quick takes are as follows, each of which has significant meaning for manufactured housing industry professionals. We’ll bullet these for now.

 

  • Education can work. Those who followed the Trump Rallies should know they were informative for those who attended and tuned in. He also kept them interesting, often using humor, and kept the crowds engaged.
  • Track records are helpful, but are sadly not bullet proof.
  • President Trump does have coattails, but there are limits.
  • The lack of full unity among the GOP cost some seats that may have been won or held. While there are exceptions, some losses in Congress were by lukewarm Trump supporters.  For example, it is questionable if Ted Cruz would have won absent the 45th President’s support.  Why in still red Texas?  One read is that Cruz’s track record with POTUS Trump was problematic.
  • Money, deception, lies, and propaganda can work, but they are not omnipotent. This bullet deserves several stars by it.
  • That facts and education can still defeat propaganda and money, and are hopeful signs.

 

What MHProNews spotlighted for months was that freebies still hold appeal to tens of millions of voters. Some openly socialist candidates won, while others lost.  Some who backed single-payer healthcare or what some dub “Medicare for all” – socialized medicine – worked often enough for Democrats to expect that to continue to be a theme for their party.

 

Thomas Sowell, Ph.D. Economist, Thinker,

Collage credit, Wikipedia and MHProNews.com.

 

Education has to be ongoing. Otherwise, endless propaganda, billionaires and big money can win out.  Another takeaway was the relevance of the related report, linked further below.

 

 

The Upcoming Lame Duck Session?

What will be something important to watch is what happens in the lame duck session, before the new Congress is seated.  Can President Trump get any legislation he wants through during the next few weeks?  While recent history would suggest that is a challenge, the president is a fighter. Stay tuned.

 

 

What Lies Ahead for America, and MHVille?

As this is being written, markets are up.  A split Congress means that Democrats can’t impeach the president, thought several of their candidates promised to make his life miserable for the next two years. Hearings of all kinds could follow in the House.  Will it slow or stop the America First agenda?

Will there be any bipartisanship on issues like infrastructure?

What will happen on hot topics like the FHFA and the GSEs? This is an issue that will impact MHVille, see the related report, linked below.

 

Conflict of Interests? MHI’s, MHARR’s Most Recent Statements on Controversial GSE Lending, House Financial Services Committee Chairman Weighs In

 

There are several items we will be unpacking in the days ahead.  For example, it is an open question as to the impact of hundreds of billions of investing dollars that were flowing into the U.S. this year as a result of the Trump tax cuts and regulation agenda.  Democrats can’t undo that agenda, those laws are in place and are, for now, safe.  But are they threatened in the foreseeable future?

Markets and investors will be sorting that out, as they look at the tea-leaves.

The Trump-Republican economic platform has been performing.  That message didn’t entirely break through. And therein lies a challenge for manufactured housing and the nation.

The rule of law was essentially on the ballot. The rule of law, arguably benefits our industry, while a lack of it harms it. Socialist ideals, picking and choosing which laws and private property rights are enforced all matter to MHVille professionals.

It is also misinformation that lies at the heart of several of the victories for Democrats. It is misinformation, Capital/lending manipulation, and failure to enforce existing laws that have harmed manufactured housing.

POTUS’ tweets post-election are a riot.  For those who lack a sense of humor, don’t bother looking, but he’s clearly just begun to fight.

We put our boots back on this morning, because the split-decision lays a potential framework for future victories.

We’ll examine some note of those opportunities for the industry, as we continue to unpack this midterm in the days ahead. Of course, that will come along with our continuing industry-leading coverage of other  issues and news that impact manufactured housing.

The president will address the nation shortly. That’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## ## (News, analysis, and commentary.)

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

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The comment above was said with respect to another recent topic, but relates to this issue too.

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

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

Office 863-213-4090 |Connect on LinkedIn:
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Related References:

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Following Facts, Money – Sam Zell, Warren Buffett, Tim Williams/21st Mortgage, and Manufactured Housing

 

 

Bipartisan Call for FEMA to Intervene, Now

October 30th, 2018 Comments off

 

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The New York Times reports that Senator “Marco Rubio and Democratic U.S. SenBill Nelson on Monday said in a letter to FEMA’s director that the alternative housing must be deployed.”

 

Those alternative units requested that Brock Long, the director of FEMA, deploy RVs and FEMA Manufactured Housing Units, or MHUs.  Regrettably, MHU wasn’t the terminology used.

In a release to the Daily Business News on MHProNews, Senator Rubio’s office said that, the two Florida senators plus “U.S. Representatives Neal Dunn (R-FL), Matt Gaetz (R-FL) and Al Lawson (D-FL) requested FEMA Administrator Brock Long quickly approve the State of Florida’s request for direct housing assistance for areas hit by Hurricane Michael.  Housing assistance requested includes recreational vehicles, mobile homes, direct lease and other needed resources in the affected areas.”

The letter signed by 3 Republicans and 2 Democrats is linked here.

The statement from Senator Rubio’s office also said the following.

 

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Dear Administrator Long:

It has been more than two weeks since Hurricane Michael made landfall in North Florida, and many are still struggling to repair and rebuild their lives. Schools in the most heavily impacted areas remain closed, and people are still working to find alternative housing solutions due to their homes being uninhabitable. The magnitude of this storm requires the use of all available resources from FEMA to ensure recovery. As such, we ask that you quickly approve the state of Florida’s request for direct housing assistance in the affected areas.

Hurricane Michael caused catastrophic damage across the Panhandle of Florida. The requested resources, which includes recreational vehicles, mobile homes, direct lease, multifamily lease and repair, and group sites, must be deployed immediately in order to reduce suffering and allow displaced individuals to recover from the storm. Effective housing alternatives are critical in the Panhandle’s recovery effort, and the swift approval of Florida’s request will ensure that needed housing resources are deployed. Northwest Florida suffered catastrophic damage to its housing stock, and those Floridians will need every available federal resource to aid in their recovery.

Thank you for your attention to this request. We look forward to your response.

Sincerely,

Timeline of Rubio Actions Related to Hurricane Michael:

  • On October 24, 2018, Senator Rubio, Nelson were joined by Representatives Dunn, Gaetz, and Lawson in urging Secretary Ross to approve the Governor’s request for a federal fishery resource disaster declaration due to Hurricane Michael’s impacts on the Florida Panhandle and its fishing communities.
  • On October 22, 2018, Rubio urged Secretary of the Air Force, Heather Wilson, to repair and restore the F-22 Raptors damaged in Hurricane Michael to mission capable status as soon as possible.
  • On October 22, 2018, Rubio encouraged FEMA Administrator Brock Long to implement recommendations outlined in a report by the Office of Inspector General in order to help Florida repair and rebuild from the devastation caused by Hurricane Michael, and future storms.
  • On October 16, 2018, Rubio urged Secretaries Carson, Mnuchin, and Director Mulvaney to provide federal relief for Floridians impacted by Hurricane Michael.
  • On October 16, 2018, Rubio met with Franklin County and Gulf County officials to discuss the ongoing recovery efforts after Hurricane Michael.
  • On October 15, 2018, Rubio surveyed the damage caused by Hurricane Michael and met with local officials in Marianna Florida.
  • On October 15, 2018, Rubio urged Secretary of Education Betsy DeVos to assist Florida schools affected by Hurricane Michael, particularly, by quickly approving Project SERV applications, which are critical to recovery efforts
  • On October 15, 2018, Senators Rubio and Nelson, with members of the Florida delegation, sent a letter urging FEMA Administrator Brock Long to approve Florida Governor Rick Scott’s request to initiate the Transitional Sheltering Assistance (TSA) program for the remaining 13 counties impacted by Hurricane Michael.
  • On October 12, 2018, Rubio surveyed the damage caused by Hurricane Michael in the Florida Panhandle.
  • On October 12, 2018, Rubio and Nelson with Rep. Neal Dunn urged Secretary Wilson and General Goldfein to expedite repair and restoration operations at Tyndall Air Force Base, which was critically impacted during Hurricane Michael.
  • On October 11,2018, Rubio and Nelson urged Secretary of Veterans Affairs (VA) Robert Wilkie to authorize increased outreach efforts and benefits assistance for Florida veterans impacted by Hurricane Michael.
  • On October 11, 2018, FEMA Administrator Brock Long briefed Rubio on damage caused by Hurricane Michael.
  • On October 10, 2018, ahead of Hurricane Michael’s landfall, Rubio urgedAttorney General Sessions, Health and Human Services Secretary Alex Azar, and Internal Revenue Service Commissioner Charles Rettig to assist communities affected by the storm.
  • On October 10, 2018, following Hurricane Michael’s landfall, Rubio, Nelson and Florida Representatives urged President Donald Trump to approve Florida’s request for a major disaster declaration. Today, the President approved the State of Florida’s major disaster declaration.
  • On October 9, 2018, Rubio joined Senator Nelson and Florida Representatives in urging President Trump to approve Florida Governor Rick Scott’s request for a pre-landfall emergency declaration ahead of Hurricane Michael.

###

FEMA’s Media Relations department provided the following video.

 

For prior stories on Hurricane Michael, see the related reports, further below. ## (News, analysis, and commentary.)

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Related Reports:

Manufactured Homes, Conventional Construction, Hurricane Michael-Reports, Videos, Lessons Being Learned

 

HUD Secretary Carson Visits North Carolina, POTUS to FL, Survey Hurricane Damage, Response Efforts, Federal Funds

 

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

 

 

Schoolhouse Rock on This Historic Day

September 17th, 2018 Comments off

 

schoolhouserockdisneyconstitutiondayvideodailybusinessnewsmhpronewsThere have been 5.3 million views on this cute video since it was first posted on Oct 31, 2011.

 

The pseudonymous poster of the video concluded his comments with these words, “I don’t believe America will survive as the Nation our founding fathers left us; “One Nation under God indivisible with Liberty and Justice for All”, unless we as a “people” WAKE UP!!!

He or she posted under the name, “EnemyMindControl.” Certainly, we’ve explored for years, as well as more recently, the notion that news often reflects someone’s agenda.  But that’s not the purpose of this post today, rather, its to share a few comments and videos on this Constitution Day.

 

The video below by the Heritage Foundation is specifically aimed at Constitution Day.

The Masthead has a detailed look at related issues, see that at the link below.

The Rich, Famous, PreFab Homes, Manufactured Housing, Hypocrisy, and You

There’s 50 days to the midterms and counting.  For those who get into the weeds, the ‘internals’ of the polling, it is a jump ball. Ignore the naysayers that were wrong 2 years ago, and could be wrong again.

The question always is, ‘Who will turn out and vote?’  Who will stay home, and let others decide their professional or economic fate for them?  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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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:

Epic Battle for MHVille Mainstay Looms, With “Not the Most Popular Guy” and His Rival

 

Follow the Money – Surprising, Inconvenient Truths Impact Manufactured Housing, U.S. Economy, and More

 

Midterms and Evangelicals? What’s the Latest Polling, Feedback?

 

Biblical “Talents,” Words, Ideas, Evidence, and Practical Impact on Manufactured Housing, Sunday Morning Recap, MHProNews Headlines Aug 26 to Sept 2, 2018

Biblical “Talents,” Words, Ideas, Evidence, and Practical Impact on Manufactured Housing, Sunday Morning Recap, MHProNews Headlines Aug 26 to Sept 2, 2018

September 2nd, 2018 Comments off

 

SundayMorningManufacturedHousingINdustryRecapDailyBusinessNewsMHProNewsAug26toSept9-2-2018The word “Talent” has a modern and a biblical meaning, both of which matter to professionals.

 

The meaning of words, ideas, and their practical impact or track record all have significance to the manufactured housing industry, along with every other profession, and field of endeavor.

BiblicalTalentsWordsIdeasPracticalImpactManufacturedHosuingDailyBusinessNewsMHProNews600

Talents has at least two meaning. In the Roman era, a talent was a large sum of money.  For modern Americans, the word also means gifts or abilities that may or may not be properly put to use by those who have a certain “talent.”

The power of ‘big government’ impacts manufactured housing daily in America. The rise of a belief in socialism is a driving force for some who believe – right or wrong – in big government.

The obvious solution to misinformation is proper information. That’s in large part educational or learning.  Ideally that education is done in useful, informative, accurate, and hopefully compelling ways.

Arguably among the pressures that have harmed manufactured housing for the last two decades is misinformation plus how local, state, and federal officials or others can use – or abuse – information in ways to support policies or programs that are bad for the interests of the industry, and are demonstrably harmful to Americans at large.

One of the driving forces in American politics from the founding of our nation until today has been faith and religious beliefs.

How do the ideas of ‘big government’ or rising socialism in America line up with classic Jewish or Christian thinking? Let’s look at the evidence.

The Ten Commandments are a common belief for Jews and Christians alike. Bible Hub says that Leviticus 19:11 in the NET Bible is transliterated this way, “You must not steal, you must not tell lies, and you must not deal falsely with your fellow citizen.”

Most honest people would agree with those ideals.

These Scripture readings for the first day of the Labor Day weekend in the September issue of Magnificat speaks to similar issues. Above and below –  as we’ve done for years – brown and bold text is provided by MHProNews to emphasize a quote. The red below is from the Magnificat.

Ready? Listen up…

  • God chose the weak of the world…”

 

A reading from the first Letter of Saint Paul to the Corinthians 1:26-31.

Consider your own calling, brothers and sisters. Not many of you were wise by human standards, not many were powerful, not many were of noble birth. Rather, God chose the foolish of the world to shame the wise, and God chose the weak of the world to shame the strong, and God chose the lowly and despised of the world, those who count for nothing, to reduce to nothing those who are something, so that no human being might boast before God. It is due to him that you are in Christ Jesus, who became for us wisdom from God, as well as righteousness, sanctification, and redemption, so that, as it is written, Whoever boasts, should boast in the Lord.”

In the ancient Greek, the word “fear” can be understood as “reverential respect,” the type of reverence that a person gives to their Creator. The R is a response or refrain from the people who speak the R phrase, following those sung, chanted or read by the cantor or reader.

 

Psalm 33

R/ (12) Blessed the people the Lord has chosen to be his own.

Blessed the nation whose God is the Lord,

the people he has chosen for his own inheritance.

From heaven the Lord looks down;

he sees all mankind. R/

But see, the eyes of the Lord are upon those

who fear him,

upon those who hope for his kindness,

To deliver them from death

and preserve them in spite of famine. R/

Our soul waits for the Lord,

who is our help and our shield,

For in him our hearts rejoice;

in his holy name we trust. R/

 

I give you a new commandment:/ love one another as I have loved you.”

  • Since you have been faithful in small matters, come, share your master’s joy.

A reading from the holy Gospel according to Matthew 25:14-30:

Jesus told his disciples this parable: “A man going on a journey called in his servants and entrusted his possessions to them. To one he gave five talents; to another, two; to a third, one—to each according to his ability. Then he went away.

Immediately the one who received five talents went and traded with them, and made another five. Likewise, the one who received two made another two. But the man who received one went off and dug a hole in the ground and buried his master’s money.

After a long time the master of those servants came back and settled accounts with them. The one who had received five talents came forward bringing the ­additional five. He said, ‘Master, you gave me five talents. See, I have made five more.’ His master said to him, ‘Well done, my good and faithful servant. Since you were faithful in small matters, I will give you great responsibilities. Come, share your master’s joy.’ Then the one who had received two talents also came forward and said, ‘Master, you gave me two talents. See, I have made two more.’ His master said to him, ‘Well done, my good and faithful servant. Since you were faithful in small matters, I will give you great responsibilities. Come, share your master’s joy.’

Then the one who had received the one talent came forward and said, ‘Master, I knew you were a demanding person, harvesting where you did not plant and gathering where you did not scatter; so out of fear I went off and buried your talent in the ground. Here it is back.’

His master said to him in reply, ‘You wicked, lazy servant! So you knew that I harvest where I did not plant and gather where I did not scatter? Should you not then have put my money in the bank so that I could have got it back with interest on my return? Now then! Take the talent from him and give it to the one with ten.

For to everyone who has, more will be given and he will grow rich; but from the one who has not, even what he has will be taken away. And throw this useless servant into the darkness outside, where there will be wailing and grinding of teeth.’” [Source: Magnificat, 9.1.2018]

Pretty blunt, isn’t it?

Among the articles below are ones that deal with the troubling rise of socialism in America. Another reflects the sentiment of evangelicals and the upcoming midterms.

Trends, facts, and evidence are ignored by industry professionals, advocates, and investors at their own peril. Properly understanding the thinking and beliefs that drives or influences policies can be practical and compelling to millions.

The latest on the people, events, and stories that influence our industry are found below.

With no further adieu, consider what follows in the light of the above. Happy Sunday, and enjoy your Labor Day weekend.

 

What’s New on the Daily Business News on MHProNews

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Saturday 9.1.2018

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USMC 3D Printed Barracks, Official Details, Video – Factory Builders Notice

Latest Consumer Confidence Report and Housing Demand

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Follow the Money – Surprising, Inconvenient Truths Impact Manufactured Housing, U.S. Economy, and More

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Passages – Stanley H. Jackson, Veteran, Patriot Homes Manufactured and Modular Housing Professional, Dies

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 U.S. Canada Trade Deal Looming, Stocks Rise, Plus MH Market Updates

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“Pleased with Our Progress,” Says Skyline Champion’s Keith Anderson, Report

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Manufactured Home Retailer Draws Positive Media, as Affordable Housing Crisis Hits Local Market Hard

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Epic Battle for MHVille Mainstay Looms, With “Not the Most Popular Guy” and His Rival

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“Treading on Very, Very Troubled Territory” President Weighs in on Tech Giants, Plus MH Market Updates

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Globe St ‘Discovers’ Manufactured Homes – “Competition Heats Up in the Mobile Home Market”

Globe St ‘Discovers’ Manufactured Homes – “Competition Heats Up in the Mobile Home Market”

Cavco’s Joe Stegmayer, MHI Chairman, George Allen-COBA7, Collusion, Coverup, and Allegations of Selling Out

Cavco’s Joe Stegmayer, MHI Chairman, George Allen-COBA7, Collusion, Coverup, and Allegations of Selling Out

MHI SVP Lesli Gooch & MHARR CEO Mark Weiss Bookend New, Prior HUD Controversies

MHI SVP Lesli Gooch & MHARR CEO Mark Weiss Bookend New, Prior HUD Controversies

Monday 8.27.2018

 

Professional, Investor Alert “Brace Yourself, This is How Much America’s 1 Percent Has Saved”

Professional, Investor Alert “Brace Yourself, This is How Much America’s 1 Percent Has Saved”

US, Mexico Reach Trade Deal, Replacing NAFTA, Stocks Roar, Plus MH Market Updates

US, Mexico Reach Trade Deal, Replacing NAFTA, Stocks Roar, Plus MH Market Updates

Power & Profit$ from Factual Sales & Marketing, Monday Morning Manufactured Housing Meeting – Part 1

Power & Profit$ from Factual Sales & Marketing, Monday Morning Manufactured Housing Meeting – Part 1

Atlanta Fed’s GDPNow Projects Growth Ahead in Q3 – Includes Positive MH Signal

Atlanta Fed’s GDPNow Projects Growth Ahead in Q3 – Includes Positive MH Signal

Sunday 8.26.2018

Clayton’s Surprising Result – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 19 to Aug 26, 2018

Clayton’s Surprising Result – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 19 to Aug 26, 2018

 

That’s all she wrote, okay, maybe with a little help from that other guy down the hall. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Clayton’s Surprising Result – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 19 to Aug 26, 2018

August 26th, 2018 Comments off

SundayMorningManufacturedHousingINdustryRecapDailyBusinessNewsMHProNews88.19.2018toAug2610`8

Trivia: note that the MHProNews home page looks like that miniature iPad screen, just moments before the weekly recap is published. We can get our share of typos, but when it comes to evidence, trends, facts, and reports – we sweat the details – all for thousands of industry readers like you. When faced by a menacing Goliath, it’s human nature to react with a level of fear.

 

Fear can be paralyzing. Fear also can keep the mind from seeing weaknesses in a threatening behemoth.

ClaytonsSurprisingResultSundayMorningManufacturedHousingNewsRecapAug19toAug262018-600x315

Titling, graphic layout by MHProNews.

There are others, of course, that see the Clayton brand as friendly or benign. But even they don’t want to cross them…do they?

 

The ‘800-pound gorilla’ in the manufactured housing room is Clayton Homes. Not many in the industry are willing to publicly name them, unless it is to praise them. A trade media competitor admitted in writing to MHProNews that we write about the topics – like Clayton and their monopolistic moat – that others talk about at the bar, or during a private professional meal.

That aside, here’s a multiple layered surprise.

Clayton has closed about 100 retail stores net in about 7 years. That’s a surprise to many.  But it is part of one of several Daily Business News stories from this past week.

Keep in mind, that Clayton is still buying MH retailers, even as they are closing their own failing retail sales centers. Think about that data-point for a few moments. The industry is slowly growing, and Clayton Homes are closing manufactured and modular home retail stores?

We plan a special report on that topic in the days ahead. But keep that factoid in mind – given to us courtesy of Kevin Clayton, and Berkshire Hathaway – because it is a reminder that they are big, but not invincible. They may have a moat, but not everything that Clayton touches turns to gold.

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.

Then, keep in mind who is dominating MHI? Why would the independents of the industry support and follow the association that’s led by the company that’s closed more retail locations than perhaps any other retailer in the last 5 years?

To sign up for our industry leading headline news updates in seconds, click here.

With no further adieu, let’s dive into the headlines and topics for the week in review.

 

 

 

What’s New on MHLivingNews

MHLivingNewsImprovedLivingForLe$$taglinedropshadow

MHLivingNews features educational, lifestyle and living news on prefab housing, with a focus on manufactured homes.

 

Introducing the Verge and Curbed’s “Home of the Future” – Video

Introducing the Verge and Curbed’s “Home of the Future” – Video

 

What’s New on the Masthead

Racism – Getting Increasing Prosperity, Stability, Safety, and Certainty

What’s New on the Daily Business News on MHProNews

DailyBusinessNewsLogoMHProNewsLogo (1)

 

Saturday 8.25.2018

MH Community Owner Slammed as “Vulture Capitalist” by Mainstream Media

MH Community Owner Slammed as “Vulture Capitalist” by Mainstream Media

 

Friday 8.24.2018 

Just the Facts – Compare Curbed and MHI, Next Step, Clayton, Cavco, Champion Homes Video Results

Just the Facts – Compare Curbed and MHI, Next Step, Clayton, Cavco, Champion Homes Video Results

Smoke and Mirrors Immunity Deal for Allen Weisselberg, Longtime Trump Organization CFO, Plus MH Market Updates 

Chinese PreFabs, Modulars Are Selling in the USA, Here’s an Example

Chinese PreFabs, Modulars Are Selling in the USA, Here’s an Example

Stunning Degree of Corruption, Collusion, Manipulation, and Ignorance Threatens MHVille

Stunning Degree of Corruption, Collusion, Manipulation, and Ignorance Threatens MHVille

 

Thursday 8.23.2018

Court Ruling for HUD on Amending Affirmatively Furthering Fair Housing (AFFH) Opens Door for More HomeSites for Manufactured Housing

Court Ruling for HUD on Amending Affirmatively Furthering Fair Housing (AFFH) Opens Door for More HomeSites for Manufactured Housing

Bill Gates Follows this Warren Buffett Investment Plan, Video, Plus MH Market Updates 

How to Avoid Losing Billions, Huge Loses Reported by WSJ, Other Media

How to Avoid Losing Billions, Huge Loses Reported by WSJ, Other Media

Rising Prices and Rates Cool Housing Sales, MH Industry Pro Sounds Off, New Data & Video

Rising Prices and Rates Cool Housing Sales, MH Industry Pro Sounds Off, New Data & Video

 

Wednesday 8.22.2018 

WH Economist Larry Kudlow – Why Market Ignoring Cohen, Manafort News, Plus MH Market Updates 

“Undesirable” – Community Owner Sues City for Fraud

“Undesirable” – Community Owner Sues City for Fraud

Measuring Effectiveness, Facts and Course Corrections for Waste, Fraud, Abuse

Measuring Effectiveness, Facts and Course Corrections for Waste, Fraud, Abuse

Richard ‘Dick’ Jennison, Manufactured Housing Institute CEO, Doubles Down, Industry Reactions, Fact Check to Growth Strategy

Richard ‘Dick’ Jennison, Manufactured Housing Institute CEO, Doubles Down, Industry Reactions, Fact Check to Growth Strategy

 

 

Tuesday 8.21.2018 

Help Others “Get It” – Loans on “Mobile Homes” Promoted by Another U.S. President

Help Others “Get It” – Loans on “Mobile Homes” Promoted by Another U.S. President

 Paul Manafort Guilty, but No Russia, No Campaign Connection, Cohen Pleads – Plus MH Market Updates

Some Manufactured Homes Included, as Metro Weighs Opening Additional Land for Homes Amid Housing Crunch

Some Manufactured Homes Included, as Metro Weighs Opening Additional Land for Homes Amid Housing Crunch

Court Hands DOE Procedural Victory in Potentially Costly Manufactured Housing Energy Standards Case

Court Hands DOE Procedural Victory in Potentially Costly Manufactured Housing Energy Standards Case

 

Monday 8.20.2018

Big MH Takeover Bid, “Best, Final Offer” Plus Manufactured Home Markets

Big MH Takeover Bid, “Best, Final Offer” Plus Manufactured Home Markets

Trendlines Don’t Lie, Real Challenges, Hidden Manufactured Housing Opportunities Revealed

Trendlines Don’t Lie, Real Challenges, Hidden Manufactured Housing Opportunities Revealed

Sustainable Success. Your Best MH Investment? Monday Morning Manufactured Housing Sales and Marketing Meeting

Sustainable Success. Your Best MH Investment? Monday Morning Manufactured Housing Sales and Marketing Meeting

Tech Billionaires, “Moral Cowardice,” MH Industry, and National Impact

Tech Billionaires, “Moral Cowardice,” MH Industry, and National Impact

 

Sunday 8.19.2018

Manufactured Housing, Profitable Education, Straw Men, Red Herrings, and Ad Hominems – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 12 to Aug 19, 2018

Manufactured Housing, Profitable Education, Straw Men, Red Herrings, and Ad Hominems – Sunday Morning Weekly Recap, MH Headline Reports and News in Review Aug 12 to Aug 19, 2018

 

And that’s all she wrote, with some help from that other guy, during the week that was. Sign up for our industry’s most popular headline news, at the link below. Watch for the most new reports that this industry offers anywhere, all right here, during the upcoming week. “That’s News Through the Lens of Factory Built Housing,” © where “We Provide, You Decide.” © ## (Headline news in review, 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.

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

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

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

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

 

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The words of the late Howard Walker, ELS Vice Chairman, shared for publication with MHProNews.

Back to Basics Will Boost Manufactured Home Sales, Sunday Morning Manufactured Home Industry Headline News Recap Aug 5 – Aug 12, 2018

August 12th, 2018 Comments off
SundayMorningManufacturedHousingINdustryRecapDailyBusinessNewsMHProNews7.29.2018to8.5.2018

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

Let’s stress again that there are numbers of honorable operators and professionals in manufactured housing.

 

Some of those honorable souls would see “the basics” in a similar way that we at MHProNews would agree with too.

BackToBasicsWillBoostManufacturedHomeSales

But perhaps in an ironic way, the fact that not everyone understands what “the basics” are illuminates a key part of the factor-built home industry’s problem in the U.S.

For a the next few moments, by “Factory Built Homes,” we’re talking about all forms of off-site built production housing. Manufactured homes (MH), modular homes, other kinds of PreFab homes all frankly struggle with various levels of image and misunderstanding.

Rephrased, it’s an educational issue.

There are training programs in manufactured housing today, right? Numbers of trainers and coaches, some of whom grew up learning and repeating the late Grayson Schewpfinger’s methods. Some of that was fine, he had years of success. So, with no disrespect to the departed, some of that method was also demonstrably problematic.

We won’t run through a bunch of other trainers names, but the following is reality.

If the correct combination of

  • marketing,
  • public relations,
  • sales systems,
  • capital/lending, and
  • lobbying/legal efforts were made,

manufactured housing would arguably be 10 time’s larger than it now is. So too would other forms of U.S. factory building.  When this nation gets the challenges of factory-home building related issues right, the process of acceptance will arguably accelerate in other parts of the world too.  While something like 98.5 percent of our readers are U.S. or Canada, the other 1.5 percent are equally dedicated from other parts of the world.  What happens in MHVille matters.  People from across the globe check in daily here to find out the latest.

 

Proof?

The evidence for the fact that domestic manufactured home production could rise 1o fold, meaning by 1,000 percent, are all around us. One part of the evidence is found in the RV compared to MH report, linked further below.  Or check out the comparisons with the HousingEconomics data, further below.

So, we’ll point you to that and other reports, commentary, and analysis published this past week for more details and specifics.

 

Style, Substance, and Reality Checks

The RV compared to MH Report – linked below – gives a stark reality check for manufactured housing professionals and investors.

There’s a widely held school of thought that advises, “praise in public, correct in private.” That’s a fine norm. But when “private” efforts with the purveyors of the problems have failed repeatedly, a more direct approach is needed.

So that leaves the industry with a need for publicly calling out the problematic behaviors by certain professionals in key places. Where appropriate, that should also lead to remedial legal action, taken by private plaintiff’s attorneys, and/or public officials.

As the Daily Business News has stated for years, we publish reports on various lawsuits and regulatory issues because

1)    they occur,

2)    as a kind of morality tale. Don’t do what caused those people to get in hot water.  By the way, there’s a number of legally focused reports  last week, also found below.

While some are understandably uncomfortable with pointing out problems, what’s the alternative? Allowing another 15 years of the same often avoidable issues?  Again, look at the RV industry, and you’ll see why we’re so passionate about helping manufactured housing achieve what the RV industry has often done quite well.

 

They Did It Before…

Last week, this column asked the question, “They did it before, they can do it again.” Isn’t that obvious?

Reality can be uncomfortable.

But to deny reality is foolish. Check out Zig Ziglar’s article on problem solving, along with our other new and featured articles, linked here or from the hub, below.

Any given professional can make a difference in their own market. So, while collective efforts are useful on some matters, frankly the right “back to basics” protocols will profitably and ethically elevate results in almost any market.

That said, with no further adieu, let’s check out this week’s reports and commentary.

 

What’s New on MHLivingNews

FEAR, a Solution to the Affordable Housing Crisis, and the Manufactured Home Dilemma

 

What’s New on the Masthead

FEDs, MHI, Buffett’s Berkshire’s Clayton Homes Moat, Affordable Housing, and Billion$ in Manufactured Home Market Manipulation

What’s New from MHARR

http://www.MHProNews.com/industry-news/mharr-news/doe-issues-mh-energy-rule-request-for-information

http://www.MHProNews.com/industry-news/mharr-news/hud-code-production-growth-continues-in-june-2018

 

What’s New on the Daily Business News on MHProNews

DailyBusinessNewsLogoMHProNewsLogo (1)

Saturday 8.11.2018

“Shadows of Liberty” Movie Introduction, Affordable Housing, and You

“Shadows of Liberty” Movie Introduction, Affordable Housing, and You

 

Friday 8.10.2018

Billions in Global Deals, Flying Above the Fray for Unicorn Prefab Builder

Billions in Global Deals, Flying Above the Fray for Unicorn Prefab Builder

“It’s A Problem That’s Been Bubbling for Years,” Turkey Tank$, Plus Manufactured Housing Market Updates

 Freddie Mac’s Manufactured Housing, Myths vs Facts – Your Professional Thoughts?

Freddie Mac’s Manufactured Housing, Myths vs Facts – Your Professional Thoughts?

What RV Industry’s 2018, Prior Results Reveal for Manufactured Housing

What RV Industry’s 2018, Prior Results Reveal for Manufactured Housing

 

Thursday 8.9.2018

 Heartland Immigration Raids by ICE Are Targeting Businesses, Owners, Management – Plus Illegals

“I Admit, I was Wrong,” said Heritage’s Feulner, Plus Manufactured Housing Market Updates

AG’s Hathaway Lawsuit OK’d

AG’s Hathaway Lawsuit OK’d

“All the News That’s Fit to Print,” “Democracy Dies in Darkness,” Affordable Housing, MH Reality Checks

 

 

Wednesday 8.8.2018

Carson’s Recent Address on HUD, Affordable Housing, and the Manufactured Housing Vantagepoint

Carson’s Recent Address on HUD, Affordable Housing, and the Manufactured Housing Vantagepoint

Skirts vs. Coat-Tails for Biz and Investors? Plus Manufactured Housing Market Updates 

MHPro Alert: DOE Issues Manufactured Housing Energy Rule RFI

MHPro Alert: DOE Issues Manufactured Housing Energy Rule RFI

“Waste, Fraud, and Abuse” – FHFA, GSE Federal Oversight Announcement

“Waste, Fraud, and Abuse” – FHFA, GSE Federal Oversight Announcement

 

Tuesday 8.7.2018 

Ready Player One, “Mobile Home Stacks,” and the Manufactured Home Industry Reality Check

Ready Player One, “Mobile Home Stacks,” and the Manufactured Home Industry Reality Check

Stocks Rise Amid Trade Tiffs, Iran Sanctions Take Effect, Plus MH Market Updates 

City Settles Case with Community Owner for $1.5 Million 

City Settles Case with Community Owner for $1.5 Million

“Insulting” – Local News Report on “Mobile Home” Fire Underscores Why Terminology Matters

“Insulting” – Local News Report on “Mobile Home” Fire Underscores Why Terminology Matters

 

Monday 8.6.2018

Rising Tide Lifts Millions off Food Stamps, Plus Manufactured Home Market Updates

Manufactured Housing Shipment Totals, June 2018

Manufactured Housing Shipment Totals, June 2018

HousingEconomics Releases New Data on U.S. Housing, Comparing MH and Stick Built Data

HousingEconomics Releases New Data on U.S. Housing, Comparing MH and Stick Built Data

“Fixing Our Industry’s Terrible” Public Relations, a Proven Strategy

“Fixing Our Industry’s Terrible” Public Relations, a Proven Strategy

 

Sunday 8.5.2018 

They Did It Before…Sunday Morning Manufactured Home Industry News Headline Recap July Aug 5, 2018

They Did It Before…Sunday Morning Manufactured Home Industry News Headline Recap July Aug 5, 2018

And that’s all she wrote, with a little help from that guy. Thanks for checking in, and you can join the industry’s best-read emailed headline news by signing up at the link below. Looking to advertise or do business or event development? There is no better place than MHProNews. Click here to learn more. ## (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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2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

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

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

 

HowardWalkerJDELSViceChairmanPhotoManufacturedHouisngInstituteMHIExecuitiveCommitteeBoardMemberDailyBUisnessNewsMHProNews

The words of the late Howard Walker, ELS Vice Chairman, shared for publication with MHProNews.

On the Eve of Independence Day, from July 4, 1776 to Today

July 3rd, 2018 Comments off

ThoughtProvokingCartoonQuipsManufacturedHousingIndustryDailyBusinessNewsMHProNews

MHProNews celebrates success, but won’t shy away from valid concerns.

 

The industry has for year been caught up in the ebb and flow of local, state, and federal politics.

WhyIsn'tManufacturedHousingGrowingFasterDailyBusinessNewsManufacturedHomeProfessionalMHProNews

We don’t mind poking a little fun at ourselves too…

No one in MHVille is covering political or economic issues impacting manufactured homes more than MHProNews.

BrancoCartoonsTrumpVoiceActivatedFireworksManufactruredHousingINdustryDailyBUsinessNewsMHproNews

The Daily Business News has been – and continues to be – focused on the causes of manufactured housing underperforming during America’s affordable housing crisis.

RamirezKennedyRetirementsRedHenRestaurantManufacturedHousingIndustryDailyBusinessNewsMHProNews

The industry’s leading trade media focuses on incidents, events, controversies, realities, and solutions.

QuesyRiderPOTUSTrumpRamierezCartoonManufacturedHousingIndustryDailyBusinessNewsMHProNewsThe industry’s first and best Daily Business News takes an independent look at the issues, news, controversies, and challenges that few if any others in MHVille are willing to tackle publicly.

KennedyRetiresSCOTUScartoonbabyInWombcheersMHDailyBusinessNewsMhproNews

This is one of several topics that could drive voter turnout on both sides of the left-right political divide.

That said, there’s also a periodic need for a lighter side.

MarxismBranco2018SCOTUSrulingsCartoonManufacturedHousingIndustryDailyBusinessNewsMHProNews

Frankly, sometimes humor is a great way to make certain points.

4thofJulyFireworksNamingNExtSCOTUScartoonCratorsKelleyManufacturedHousingIndustryDailyBusinessNewsMHProNews

We are evidence and reason based, and these cartoons spark thinking.

NeverTrumpPoliticalCartoonDemDonkeyComplainsNeverTrumpElephantListensmanufacturedhousingindustrynewsmHPronews

Safe travels for all our readers who are or will be traveling.

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

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

Related Reports:

Politically Incorrect Cartoon Commentaries, Lighter Side of Making America and Manufactured Housing Great Again

 

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

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

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

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

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

Harvard’s Joint Center for Housing Studies 2018 – Affordability, Manufactured Homes, and Modular Housing Report

June 28th, 2018 Comments off

HarvardJointCenterForHousingStudiesLogoStateofNation'sHousing2018ManufacturedHomesDailyBusinessNewsMHproNews

Since 1988, our annual State of the Nation’s Housing report has provided an overview of housing market conditions in the U.S.,” said Harvard University’s Joint Center for Housing Studies (JCHS) to the Daily Business News via a press release.

 

As we mark the 30th anniversary, this year’s report not only examines recent trends, but assesses whether and how key metrics have changed over the last three decades and serves as a yardstick to measure whether or not the nation has met its goal of producing decent and affordable homes for all,” said the JCHS statement.

 

JCHS’ Executive Summary

The inaugural State of the Nation’s Housing report in 1988 noted that the majority of Americans were well housed and some conditions have improved since then. More than 40 million units have been built over the past three decades, accommodating 27 million new households, replacing older homes, and improving the quality of the nation’s housing stock,” said the Harvard researchers’ statement.

Homeownership rates among young adults are even lower than in 1988, and the share of cost-burdened renters is significantly higher, with almost half of all renters paying more than 30 percent of their income for housing,” said the 2018 JCHS report.

Soaring housing costs are largely to blame. The national median rent rose 20 percent faster than overall inflation between 1990 and 2016 and the median home price rose 41 percent faster,” per the JCHS.  “While better housing quality accounts for some of the increased costs, higher costs for building materials and labor, limited productivity gains, increased land costs, new regulatory barriers, and growing income inequality all played major roles as well.”

To help busy professionals manage the length of the 44 page report – and keep it as relevant and useful as possible for manufactured housing industry professionals, investors, and researchers – what will follow are a series of unedited ‘pull quotes’ from the JCHS report.

Fair warning. Modular housing gets very little attention, essentially a modest mention.

HUD Code manufactured housing fares significantly better. Still, there’s not a lot of details in what follows that a well informed MHProNews reader wouldn’t already know.

So why bother?

 

4 Reasons for Factory-Built Home Pros to Read This JCHS Report:

The above noted, why read this? Simply because it’s a million-dollar road map for a variety of reasons, but let’s note 4 of them:

 

  • As noted, the university level data is like a road map – a gold-mine of the opportunities – for manufactured housing or other factory-crafted housing professionals to explore. Almost every page is a description of possible opportunities for the industry.
  • The State of the Nation’s Housing 2018 gives an independent review of data compiled by a respected institution – Harvard – has been doing for 3 decades. Rephrased, it has credibility.
  • It largely confirms or clarifies dozens of reports previously shared on MHProNews from a variety of other sources.
  • It will be an anchor for several planned reports by MHProNews that manufactured housing advocates, investors and others will be able to rely upon.

What will follow are pull quotes, without commentary. The headings will often be our phrasing, not JCHS’. While the Daily Business News will skip some sections, the meatiest material for our audience is covered in the quotated statements below.

The 2018 JCHS entire report, complete with an array of graphics and charts, will be provided at the end of this article.  We’ll conclude with a hyper-brief analysis of our key takeaway from the document. Let’s dive in.

StateoftheNationsHousing2018HarvardJCHSReportCoverLogoManufacturedModularHousingIndustryDailyBusinessNewsMHProNews

Housing Costs

“Another factor is the low level of single-family construction. Despite six consecutive years of increases, single-family starts stood at just 849,000 units in 2017, well below the long-run annual average of 1.1 million. Indeed, only 610,000 single-family homes were added to the stock annually in 2008–2017…

Along with limited land, respondents to builder surveys cite rising input costs as adding to the difficulty of constructing entry-level homes. As a result, the share of smaller homes (under 1,800 square feet) built each year fell from 50 percent in 1988 to 36 percent in 2000 to 22 percent in 2017. Of this latest drop, 9 percentage points occurred in 2010–2013 alone…

InventoriesofSingleFamilyHousingDown2017HarvardJCHS2018ManufacturedModularHOusingDailyBusinessNewsMHproNews

Unlike single-family homebuilding, multifamily construction ramped up quickly after the crash as rental demand surged. From a low of 109,000 units in 2009, construction of multifamily units peaked at 397,000 starts in 2015 and accounted for more than half the gains in housing starts over that period. However, the multifamily construction wave is now moderating, with starts down 1 percent in 2016 and 10 percent in 2017…

This slowdown comes in response to both weaker overall rental demand and increasing slack at the upper end of the market…

Indeed, the cumulative effect of strong growth in housing costs and modest gains in household incomes has left nearly half of today’s renters with cost burdens, including a quarter with severe burdens. The rising cost of homes for sale also raises downpayment and closing costs, making it more difficult for individuals and families to make the transition to owning…

TotalHousingStarts2017SingleFamilyMultieFamilyHOusingSalesHarvardJCHS2018ManufacturedModularHOusingIndustryDailyBUisnessNewsMHproNews

National efforts are necessary to close the affordability gap. Housing policymakers have many opportunities to address the cost side of the equation, including the increasing size and quality of homes; lack of productivity improvements in the residential construction sector; escalating costs of labor, building materials, and land; and barriers created by a complex and restrictive regulatory system. However, tackling this broad mix of conditions will require collaboration of the public, private, and nonprofit sectors in a comprehensive strategy that fosters innovation in the design, construction, financing, and regulation of housing…

But even if successful, these efforts will not produce decent, afford- able homes for the millions of households that simply cannot pay enough to cover the costs of producing that housing. For these families and individuals, there will always be a need for public subsidies. The federal government’s failure to respond adequately to this large and growing challenge puts millions of households at risk of housing instability and the threats it poses to basic health and safety. Many state and local governments are doing their part to expand assistance, but a more robust federal response is essential to any meaningful progress in combatting the nation’s housing affordability crisis…”

 

HighLevelsMultiFamilyHousingHarvardJCHSManufacturedModularHOusingIndustryDailyBUsinessNewsMHProNews

Page 8 Before Manufactured Housing Gets Mentioned

(Bold Added for Emphasis. one editorial note is made)

“Nonetheless, entry-level housing still accounts for a small share of new construction. Only 163,000 small single-family homes were completed in 2016, or 22 percent of single-family construction— down significantly from the 33 percent share averaged in 1999–2007. Moreover, manufactured home shipments totaled just 93,000 units in 2017, far below the 291,000 annual average in the 1990s and even the 137,000 annual average in the 2000s

ConstructionofModestsizedHomesRemainsLimitedHarvardJCHS2018ManufacturedModularHousingDailyBuisnessNewsMHPronEws

The only JCHS graphic that specifically mentions manufactured housing.

“Modest-sized homes are considerably more affordable for first-time and middle-market buyers. According to the Survey of Construction, the median price for a small home sold in 2016 was $191,700. The average sales price for a new manufactured home in 2017 was even lower, at $72,000. By comparison, the median price for all other single-family homes was $324,700 in 2016…

“With few additions of smaller units, most modestly priced homes are found in the existing housing stock. Indeed, small homes make up nearly half of single-family homes. In 2015, there were 37.3 million single-family homes under 1,800 square feet. The stock of small homes is generally older, with nearly two-thirds (65 percent) built before 1980 compared with 43 percent of larger homes…”

Manufactured housing is prevalent primarily in the South, where some 58 percent of the 6.6 million units nationwide are located. Another 21 percent are in the West, 14 percent in the Midwest, and just 7 percent in the Northeast. Nearly two-thirds of manufactured housing shipments between 2009 and 2017 were also to the South.”

Daily Business News Notice: A more common figure used for all pre-HUD Code and post-HUD Code MH is roughly 8.8 million units.  What possibly explains the difference?  Because about 1 out of 5 MH are mobile homes, not manufactured homes.  We’ve reached out to Harvard and ask for that number to be clarified, and will update once received.

As a result, manufactured homes make up 9 percent of the total housing stock in the South, with especially large shares in South Carolina (16 percent) and in West Virginia and Mississippi (14 percent each). While the share in other regions is only 4 percent, a few states also have high concentrations of manufactured housing, including New Mexico (17 percent) and Wyoming (13 percent). Manufactured housing also provides 14 percent of homes in non-metro communities, more than double the share in the country as a whole.”

YoungAdultsFarLessLikelyMoveThanPriorGenerationsHarvardJCHS2018ManufacturedHousingIndustryDailyBUisnessNewsMHproNEws

4 Prime Factors Hamper Housing Growth

“First is the shortage of skilled workers. In a 2017 survey of homebuilders, 82 percent of respondents cited the cost and availability of labor as a significant problem…

Second, the cost of building materials has risen…”

Third, developed land has become scarcer. Metrostudy data for 98 metro areas indicate that the number of vacant developed lots declined from 1.26 million in 2008 to just 802,000 in 2017…

Finally, local zoning and other land use regulations can reduce the amount of new construction by constraining the type and density of new housing allowed…

MillenialsMovingtoSomeManufuredHomeFriendlyStatesHarvardJCHS2018ManufacturedHousingIndustryDailyBUisnessNewsMHproNEws

 

Modular housing, constructed in factory conditions before being transported and assembled on site, could provide at least part of the answer. Including the value of land, the median price for a new modular unit was $217,200 in 2016—nearly $90,000 less than for a new site-built home. To date, however, homebuilders have been slow to adopt this innovation, with only 15,000 modular homes added in 2016. Indeed, modular housing has never accounted for more than 4 percent of single-family construction in the United States. By comparison, modular housing accounts for 9 percent of new homes in Germany, 12–16 percent in Japan, and 20 percent in the Netherlands.”

HomeOwnershipRates1983to2017RisingIn2017HarvardJCHSManufacturedModularHomeIndustryDailyBuisnessNewsMHproNews

It is interesting to note that the rate of home ownership began to rise during the time after the 2016 election. Several confidence surveys have reflected growing consumer and business confidence, which has yielded more home purchases vs. renting.

 

Housing – The Outlook

“The housing sector faces significant challenges in the short term. Labor shortages, rising materials costs, limited land availability, and land-use regulations are all holding down growth in new residential construction. Meanwhile, inventories of existing homes for sale are at all-time lows, pushing up prices and making homebuying more difficult, especially for low- and moderate-income households…

With its oldest members now in their late 20s and early 30s, the millennial generation is forming new households in greater numbers and moving to different states in search of opportunity. At the same time, nearly 10,000 baby boomers turn 65 every day, raising the average age of US households. Although wealth is growing, homeowners and those at the top have captured most of the gains, and millions of households have little or no wealth. Going forward, immigration will become an increasingly large, albeit unpredictable, source of population growth and therefore housing demand…”

HarvardJCHS2018AffordabilityByMonthlyPaymentsByMetroAreaManufacturedHousingIndustryDailybuisnessNewsMHproNews

Immigration and Housing

“According to Census Bureau data, the number of foreign- born households more than doubled from 7.7 million in 1990 to 17.8 million in 2016, accounting for more than a third of the growth in households over that time…”

 

Housing and Minorities

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“Minorities made up half of the nation’s low-wealth households in 2016, up from 39 percent in 1995. They also accounted for more than three-quarters of the growth in low-wealth households between 1995 and 2016. Indeed, as the number of minority house- holds increased over this long span, the shares with low wealth remained consistently high at 52 percent for blacks, 49 percent for Hispanics, and 30 percent for Asians and other minorities. Meanwhile, the share among whites also remained steady at a relatively low 22 percent…”

 

Interstate Migration

“Resuming past trends, total net domestic migration to the Southeastern states of Florida, Georgia, and the Carolinas rebound- ed from a low of 86,000 in 2009 to 317,000 in 2017. Meanwhile, domestic outflows from the Northeast and Midwest continued to increase in 2017. The three states with the largest net domestic outflows—California, Illinois, and New York—lost 443,000 residents to domestic migration in 2017, more than double the 207,000 net losses in 2011…”

 

Homeownership Rates

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“The national homeownership rate ticked up in 2017 for the first time in 13 years, buoyed by growth in the number of homeowner households. Despite the ongoing rise in home prices, low interest rates have helped to keep monthly housing costs relatively affordable for new homeowners. Still, the upward climb of interest rates, limited inventory of homes for sale, widespread increases in student loan debt, and insufficient savings for downpayments raise important concerns about the ability of many potential buyers to access homeownership…”

 

 

Rising Prices but Relative Affordability

“Continuing a steady upward climb, the nominal median sales price of existing homes increased from $233,800 in 2016 to $247,200 in 2017…

 

In the high-cost Los Angeles market, for example, a household with the area median income would be able to afford the monthly mortgage payments on only 11 percent of recently sold homes. And because these homes include studio apartments and other small units suitable for only one or two people, the affordable options for families are even more limited. By contrast, even a low- income (bottom-quartile) household in Pittsburgh would be able to afford 26 percent of recently sold homes. Such dramatic differences in affordability contribute to large disparities in homeownership across metro areas. Of the nation’s 50 largest metros, Pittsburgh has the highest homeownership rate of 70 percent, while Los Angeles has the lowest rate of 48 percent…”

 RealHomePricesRisingsince2000HarvardJCHS2018manufacturedmodularhousingIndustryDailyBusinessNewsMhpronEws

Financing

“The FHA and VA shares of home purchase loan originations have also leveled out in recent years following a significant jump during the foreclosure crisis (Figure 24). Indeed, even as the number of 1–4 unit, first-lien, owner-occupied mortgage originations rose from 2.7 million in 2013 to 3.5 million in 2016, the FHA share remained near 20–25 percent. While down sharply from the high of 41 percent in 2009, the FHA share is still well above the 6 percent low in 2005. The VA share held at 10 percent in 2016, up from 2 percent in 2005. Meanwhile, the conventional share of originations stayed close to 60 percent…”

harvardJCHS2018LowestIncomeRentersOutnumbersupplyTheyCanAffordManufacturedHOusingIndustryDailyBuisnessNewsMHproNews

As a reminder to MHProNews readers, the GAO reported that manufactured housing is less costly than typical rent, so this type of data, while troubling for the nation, is an opportunity for manufactured housing industry professionals and investors.

Rent vs. Own

“…However, survey evidence points to continued strong interest in homeowning. The 2018 Survey of Consumer Expectations found that 67 percent of renters would prefer or strongly prefer to own homes assuming they had the financial resources to do so. Only 19 percent would prefer or strongly prefer to rent. Moreover, 61 percent of renters think buying a home in their ZIP code today is a somewhat or very good investment, and just 12 percent believe it is a somewhat or very bad investment…

The Survey of Consumer Finances shows that the median net worth of renters was just $5,000 in 2016, about the same in real terms as in both 1995 and 2007. Moreover, fewer than one in three renters had more than $10,000 in financial assets, and only 21 percent had more than $25,000. As a result, only a small share would be able to cover even a 3.5 percent downpayment and 2 percent closing costs on a median- priced home, which amounted to $13,596 in 2016…”

 RentalHousingIncrasesModerateHarvardJCHManufacturedModularHOusingIndustryDailyBUisnessNewsMHproNews

Rentals

“There are signs that the rental market is cooling, although primarily at the upper end. The number of multifamily starts declined slightly over the past year, and expanding supplies of new luxury apartments pushed up vacancy rates, helping to slow rent growth. Although the number of high-income renters is still growing, lower rentership rates among key groups—particularly younger households—may indicate a turn toward homeownership. Meanwhile, the supply of rentals affordable to the nation’s lowest- income households continues to shrink…

The Survey of Construction indicates that nearly half of the rentals completed in 2016 were in buildings with 50 or more units, compared with just 13 percent in 1999. Most other new units were in buildings with at least five apart- ments. In addition, 86 percent of new apartments in 2016 were in properties with swimming pools, up from 69 percent in 1990. Some 89 percent of new units in 2016 also had in-unit laundry services, significantly higher than the 61 percent share of existing units with this amenity…

Both rising construction costs and added amenities have pushed up asking rents. The nominal asking rent for new apartments increased average rents for new units in certain major metros (including Chicago, Miami, and Washington, DC) were $2,000 or higher.”

HarvardJCHS2018appreciationofRentalPropertiesVsSingleFamilyHouisngDailyBusinessNewsMHproNEws

Several sources have pointed to appreciation in manufactured housing too, but that isn’t addressed in this report.  There is a marked rise in the value of manufactured home land-lease communities in recent years, but that is also not mentioned in this report..

Easing at the High End of Rentals

“The national vacancy rate for all rental units averaged 7.2 percent in the year ending in the first quarter of 2018, up 0.3 percentage point from a year earlier. But the rate for rental units built since 2010, as measured by the Housing Vacancy Survey, hit 21 percent in 2017. While not unprecedented compared with the rates for similarly new units in 2007 and 2008, this high vacancy rate far exceeds the 15 percent reported a year earlier…”

 

Shortfall in Lower Cost Rentals

“The nation’s supply of low-cost rental housing shrank significantly after the Great Recession and has remained essentially unchanged since 2015. A National Low Income Housing Coalition study found that for every 100 extremely low-income renters, only 35 rental units were affordable and available in 2016—a nationwide shortfall of more than 7.2 million units (Figure 29). Conditions for very low-income renter households were little better, with 56 affordable and available rentals per 100 households…”

 

Housing Cost Burdens

“More than 38 million US households have housing cost burdens, leaving little income left to pay for food, healthcare, and other basic necessities. As it is, federal housing assistance reaches only a fraction of the large and growing number of low-income households in need. Between the shortage of subsidized housing and the ongoing losses of low-cost rentals through market forces, low-income households have increasingly few housing options. Meanwhile, the rising incidence and intensity of natural disasters pose new threats to the housing stocks of entire communities…

About a third of the households in metropolitan areas struggle to find affordable housing (Figure 35)…

 

Threats To The Affordable Supply

“The National Low Income Housing Coalition reports that the gap between supply and demand for rental units affordable and avail- able to very low-income households is 7.7 million…”

 

Homelessness

“HUD’s Annual Homeless Assessment Report shows that nearly 554,000 people were living in shelters or on the street on a given night in January 2017…”

 

State and Local Initiatives

“According to the National Low Income Housing Coalition database, about 100 state and local programs provide either tenant-based assistance or capital support for affordable rental housing development…”

 

Housing Losses to Natural Disasters

“The 16 major disaster events in 2017 caused a record-setting $306 billion in damages. These events caused destruction of hundreds of thousands of homes and widespread displacement of households across California, Florida, Puerto Rico, and Texas. In Puerto Rico alone, storms destroyed or severely damaged an estimated 472,000 housing units…

FEMA direct assistance filled some of the gaps for households without flood insur- ance, providing financial help for 1.6 million households…

The rebuilding process has its own challenges. The three states with significant disaster damage last year—California, Florida, and Texas—have large populations of undocumented immigrants, households that are unlikely to apply for assistance in fear of depor- tation. In Puerto Rico, relief is complicated by the fact that much of the housing stock was built without permits or without regard to building codes…

Recovery will no doubt be long…”

 

MHProNews Analysis in Brief

The National Association of Realtors (NAR) Chief Economist Lawrence Yun has noted before that the nation needs some 8.3 million housing units.  What Harvard’s annual report indicates are an array of other facts that point to tens of millions of possible opportunities for forward thinking HUD Code manufactured housing and modular builders.

 

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding

Collage by MHProNews.

 

Earlier today, in the Manufactured Housing Association for Regulatory Reform (MHARR) noted their request to have multi-family housing units approved by HUD.

Manufactured Housing Program Review Addressed by HUD Secretary Carson during Oversight Hearing

Harvard didn’t in this report look at specific issues such as acceptance, financing, political, zoning, or any other reasons why manufactured housing wasn’t performing better than it is. That said, their report uses correct terminology, and is on balance, respectful of the industry. Harvard’s Eric Belksy has been cited before as saying he expected manufactured housing to surpass conventional housing by 2010.  We know that didn’t happen, some of the debatable reasons why are linked in related reports below.

But the bottom line is this.  There are millions of housing units needed now, and millions more that will be needed in the years ahead.  With the proper approaches, the opportunities are available. With hundreds of billions in capital pouring into the U.S. the best time in about 2 decades to tap those opportunities may be right now.

The entire report is available at this link here.  “We Provide, You Decide.” © ## (News, commentary, and analysis.)

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

Related Reports:

Celebrate National Home Ownership Month, with 26 Cool Prefab Cribs, a $1 Billion Dollar Hybrid Mansion, 4 Fun Videos

Evolutionary American Dream, from Tiny Trailer Houses, Mobile Homes, to “Amazing” Modern Manufactured Homes

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Manufactured Housing – “Giants vs. Independents” – Tunica Talk – “You’ve Got to See This”

March 22nd, 2018 Comments off

ManufacturedHousingGiantsVsIndependentsTunicaManufacturedHousingShow2018TamasKovach

An independent manufactured home retailer walked up to the Daily Business News team in Tunica Wednesday to say, thank you” for the depth of coverage of the industry’s news.

A HUD Code home producer said, “I wish you’d tone it down a bit,” on the controversies, while expressing “appreciation for the unrivaled coverage of industry events not found anywhere else” in the manufactured home industry’s trade media.

Another independent retailer and his family approached the MHProNews squad during the lunchtime hospitality. He wanted to give his family and team members a chance to discuss what’s been taking place on finance related issues, such as the Government Sponsored Enterprises (GSEs) Duty to Serve (DTS).

TunicaManufacturedHousingShow2018-550

A long-time Manufactured Housing Institute (MHI) member said, “you [MHProNews] were right about HUD, Pam Danner, and Lois Starkey,” but took exception to the controversy surrounding the so-called “new class” of manufactured homes that MHI is promoting.

TunicaShow2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Meanwhile, a veteran factory-built housing professional that had previously been “open minded” about MHI’s project for a “new class” of manufactured homes has after reading and doing his own research, turned against the plan (see Related Reports, linked below, for more details about these hot topics, plus more from the 2018 Tunica Show).

Rephrasing, the comments and reactions to the industry’s issues have run the gamut. From management team members in the industry’s biggest companies, to mom and pop operations and all others in between, the data and engagement reflects the pragmatic respect given to this MH Industry trade media resource.

FlatscreenTVBehindBarnDoorsTunicaManufacturedHousingShow2018DiningArea550

We are not wearing bold branded t-shirts, ball-caps or neon signs in Tunica. Part of what’s noteworthy is that lacking any identification of MHProNews other than the Tunica Show’s badge – which the wind routinely whips around – many professionals are eager to engage and express their views to the manufactured housing industry’s most popular and independent trade news.

IslandKitchensDailyBusinessNewsMHProNewsTunicaManufacturedHousingShow2018

 

You’ve Got to Read This…”

Walking through a display model for a new HUD Code producer, a retailer and his colleague from Texas engaged with us. “I used to forward your news emails to” his partner, with the message – “You’ve got to read this.”  Then he shared later email news updates, saying, “You’ve got to see this and read this one too.” That went on for some time, until his colleague signed up for his own email news.

TunicaManufacturedHousingShow2018FranklinHomesNTechIndustriesDailyBusinessNewsMHProNews

That same Texan said “We’re giving the giants a run for their money” in his market area.

They were looking for a non-Clayton producer to buy new homes from. “Why?” was our question. “Because of the issues raised in stories you’re reporting on, like the long-lead times” post-Harvey in Texas.

FranklinHomesTunicaManufacturedHousingShow2018DailyBusinessNewsMHProNews

You sure do keep it stirred up,” opined a straight-faced industry professional, who paused – adding “keep it up – followed by a slight smile.

Tony, I read every emailed news update, from top to bottom” said another retailer, with exhibitors and community professionals often saying something similar.

TamasKovachKidsRoomManufacturedHousingIndustryDailyBusinessNewsMHProNewsCappaert

 

Upbeat, But Aware…

Attendance is up slightly over last year, say show sources.

CappaertManufacturedHousingDailyBusinessNewsMHProNews

Independent producers are becoming more aware than ever of the trajectory of the industry, the causes of that trend, and are taking steps to address it, say industry sources.

Rain on Tuesday didn’t dampen traffic in the display homes, said several manufacturing exhibitors.  Wednesday was windy, but warmer and sunny.  Traffic in the homes was brisk.

DisplayModelTunicaManufacturedHousingShowTamasKovachAttendeeDailyBusinessNewsMHProNews

Tamas Kovach (pronounced like “TahMash CoVatch), is part of the MHProNews MHLivingNews family, with a Tunica Show attendee. Numerous such photos are taken during the course of the event.

The mood of attendees has been overall upbeat, association executives, and exhibitors told the Daily Business News. Comments from attendees made directly to the MHProNews confirmed those observations.

We’re more upbeat about the industry in some ways, but we are also more aware of the trajectory of the industry toward consolidation,” said an attendee.  “Those who don’t plan according to reality are in denial.”

HamiltonHomesNewHUDCodeManufacturedHomeBuilderTunicaShow2018DailyBusinessNewsMHProNews

 

Everyone Knows Your Name…

As one attendee said after another industry mom and pop couple stopped us to say hi, “It’s like a line out of the TV comedy, Cheers – where everyone knows your name.

PaulNationDailyBusinessNewsMHProNewsTunicaShow2018

Stopping to chat with industry professionals in Tunica, happy to have their photos shared.

Your son is getting taller, and stronger” said one after getting a hand-shake from Tamas Kovach.

MikeWnekManufacturedHousingIndustryDailyBusinessNewsMHProNews2018TunicaShow

KabcoManufacturedHomes2018TunicaShowDailyBusinessNewsMHProNews

The industry’s professionals “are hungry for real news, not happy talk” explained a factory-producer.

ChetMurhpreeDeerValleyHomesTunicaShow2018ManufacturedHousingIndustryDailyBusienssNewsMHProNews

Note: the photos are randomly placed, and should not be construed to match the commentary.

One attendee pointed to stacks of a new trade publication in high-visibility racks near the exhibit hall.  They appeared to be untouched.  “It’s not ‘rah rah’ that will help a company navigate the challenging waters of the industry,” said an exhibitor.

MHInsiderMagazineManufacturedHousingIndustryDailyBusinessNewsMHProNews

There are several websites and trade media that are de facto surrogates for MHI ‘news,’ per industry sources.  Those media routinely have far less engagement from the industry than what readers say is our “hard-hitting coverage on issues that matter to investors and professionals.” The proof is shown dramatically in images like the above. Racks like this posted near the entrance of the exhibit hall looked untouched, with every glossy magazine going unread. MH professional readers vote with their time, browsers and engagement – or lack of engagement.

The feedback in many ways confirms what calls and messages to MHProNews between events likewise reflects.

TinyHomesLegacyManufacturedHOusingIndsutryDailyBusinessNewsMHProNews

Naturally, not everyone agrees with everything that is spotlighted by our pro-industry publications. But reader feedback, along with analytical data, reflects the dominance of MHProNews over other trade mediaCandid, fact-base reports and analysis are reasons routinely cited by pros.

SunshineHomesRedBayALManufacturedHousingIndustryDailyBuisnessNewsMHProNews

The quality and appeal of today’s manufactured homes continues to rise. While prices are going up, so too are costs for conventional housing, so the percentage savings for a consumer buying a manufactured home vs. conventional housing remains favorable and strong. A rep from Fannie Mae told MHProNews that as a newcomer to the industry’s product, he is impressed with the quality and value. 

SunshineHomesRedBayALManufacturedHousingINdustryDailyBusinessNewsMHProNewsTunica2018

A post-Tunica report will be coming soon, which will break new ground on issues ranging from:

  • manufactured home lending,
  • association related,
  • new class of homes,
  • ongoing “consolidation” of the industry – and possible steps to address that challenge,
  • HUD and regulators at all levels,
  • marketing, sales, and image related issues, plus more.

SunshineHomesRedBayALManufacturedHousingIndustryDailyBusinessNewsMHProNewsTunica2018Show

It’s part of manufactured housing’s leading Industry News, Tips and Views Pros Can Use.” ©

The Tunica Show in 2018 has thus far confirmed what the Louisville Show did earlier this year. With the affordable housing crisis raging, how is it possible that the manufactured home industry sunk to such a low ebb?  Why are HUD Code manufactured homes  only rising slowly from it’s bottom in 2009?

It was summed up late last year by an industry executive, who said. “Tony, if MHProNews is writing about it, I want to know about it.” ## (News, analysis and commentary.)

Related:

DUTYtoServePaulBarrettoFannieMaeManufacturedHousingIndustryDailyBusinessNewsMHProNews550

Finance related news was made Tuesday in Tunica, click the image above or the link here to learn more.

Tunica Manufactured Housing Show, Photo Report, Day One

Tunica, Nashville Trade Shows and Manufactured Housing Glory Days

Manufactured Housing Association for Regulatory Reform Demands Clarification on “New Class” of HUD Code Manufactured Home

4 F’s and True Believers

4 Concerns of Homebuilders Have Impacting Every American

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

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award-winning consulting, publisher, web, video, recruiting, sales training, business development service provider.

MHLivingNews.com | MHProNews.com | Office 863-213-4090 |

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Tunica Manufactured Housing Show, Photo Report, Day One

March 21st, 2018 Comments off

JaimesInteriorsTamasKovachManufacturedHousingIndustryDailyBusinessNewsMHProNews

Rain and dreary weather outside did not keep hundreds of manufactured home retailers, communities, builder/developers and others from coming to the Tunica Manufactured Housing Show yesterday.

 

CISFinancialManufacturedHousingIndustryDailyBusinessNewsMHProNews550

Board members from the SEMH trade group that ‘owns’ the show have given positive reviews and upbeat feedback from exhibitors and attendees.

DarrenKrowleskiSeminarTunicaShowDailyBusinessNewsMHProNews550

A good look at the seats and room tells the tale from Tunica in 2018. </I.

Warm smiles, an upbeat attitude was in abundant evidence.
ElendManufacturedHousingIndustryDailyBusinessNewsMHProNews550

FrogForFoundationInstallationsDailyBusinessNewsMHProNews550

New products and exhibitors were evident in several displays.

Just a few photos from the event hall where exhibitors were on display, yesterday.

HeritageFlooringNorthpointManufacturedHousingIndustryDailyBusinessNwesMHProNews550

One of several exhibitors who reported good, healthy traffic.

JohnsonControlsManufacturedHousingIndustryDailyBusinessNewsMHProNews

MHWCTifaneeMcCallKenCorbinManufacturedHousingINdustryDailyBusinessNewsMHProNEws550

SencoFastnersManufacturedHousingIndsutryDailyBusinessNewsMHProNews

TriadFinancialManufacturedHousingIndustryDailyBusinessNewsMHProNews

More updates from the 2018 Tunica Show are planned.  ## (News, analysis, and commentary.)

Related:

Tunica, Nashville Trade Shows and Manufactured Housing Glory Days

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

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