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Insightful Quotes for Manufactured Home Business, Investors, and Professionals

June 30th, 2019 Comments off

 

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The quotes that follow from the first two nights of the 2020 Democratic primary are not to be construed as an endorsement of that candidate or their positions.  In some cases, the quotes are aimed to underscore claims backed by evidence.  The candidate may be right on the facts but may or may not be correct in their proposal to deal with those facts.

 

With that said, consider these pull quotes, taken from the full debate transcripts from NBC, linked here.

  • It has been far too long that the monopolies have been making the campaign contributions, have been funding the super PACs, have been out there making sure that their influence is heard and felt in every single decision that gets made in Washington.” Senator Elizabeth Warren (MA-D).

 

  • I know what it’s like to rent a home and to worry about whether you’re going to be able to pay the rent at the first of the month and to see a mom work very, very hard and know that moms across this country are getting paid less simply because they’re women.” Former HUD Secretary Julián Castro.

 

  • I mean, first of all, we’ve got to recognize that the China challenge really is a serious one. This is not something to dismiss or wave away. And if you look at what China is doing, they’re using technology for the perfection of dictatorship.” South Bend, Indiana Mayor Pete Buttigieg.

 

I think we have a serious problem in our country with corporate consolidation. And you see the evidence of that in how dignity is being stripped from labor, and we have people that work full-time jobs and still can’t make a living wage.

We see that because consumer prices are being raised by pharmaceutical companies that often have monopolistic holds on drugs. And you see that by just the fact that this is actually an economy that’s hurting small businesses and not allowing them to compete.

One of the most aggressive bills in the Senate to deal with corporate consolidation is mine about corporate consolidation in the ag sector. So I feel very strongly about the need to check the corporate consolidation and let the free market work.” Senator Cory Booker (NJ-D).

 

  • “…we have to restore the backbone of America, the poor and hardworking middle class people.” – Former Vice President Joe Biden.

 

So the way I understand this, it’s there is way too much consolidation now in giant industries in this country. That hurts workers. It hurts small businesses. It hurts independent farmers. It hurts our economy overall.

And it helps constrict real innovation and growth in this economy.

Now, look, we’ve had the laws out there for a long time to be able to fight back. What’s been missing is courage, courage in Washington to take on the giants. That’s part of the corruption in this system.” – Senator Elizabeth Warren (MA-D).

 

  • “…the 40 million of us who can’t start a family, can’t take a good idea and start a business and can’t buy our first home.” – Congressman Eric Swalwell (CA-D).

 

Socialism, in that sense, is not the solution. We have to look at what really will make a difference

I’m a small-business owner who brought that same scrappy spirit to big Colorado, one of the most progressive states in America.” – former Governor John Hickenlooper.

 

  • “…And at a time when we have three people in this country owning more wealth than the bottom half of America, while 500,000 people are sleeping out on the streets today, we think it is time for change, real change.” Senator Bernie Sanders (VT-I, causes with Democrats).

 

  • Right now, we have a system that favors those who can pay for access and outcomes. That’s how you explain an economy that is rigged to corporations and to the very wealthiest.” Former Texas Congressman Robert ‘Beto’ O’Rourke.

 

I think we have to do real things to help American workers and the American people. Right? This is the issue that all of us hear on the campaign trail…

Then we’ve got to fix our public education system. It’s not delivering the results our kids needs, nor is college and post high school career and technical training programs doing that. You know, I’m very different than everyone else here on the stage. Prior to being in Congress, I was an entrepreneur. I started two businesses. I created thousands of jobs. I spent my whole career helping small- to mid-sized businesses all over the country, 5,000 of them I supported. The Obama administration gave me an award for lending to disadvantaged communities.

I know how to create jobs…” – Former Maryland Congressman John Delaney.

 

  • I was 6 years old when a presidential candidate came to the California Democratic Convention and said it’s time to pass the torch to a new generation of Americans. That candidate was then-Senator Joe Biden. Joe Biden was right when he said it was time to pass the torch to a new generation of Americans 32 years ago. He is still right today.” – Congressman Eric Swalwell (CA-D).

 

There were other noteworthy quotes shared by many of the candidates, not just those noted above or that follow.  A weakness in the format was arguably that there was too few serious follow up questions. For example, in areas where the income inequality, the education process, housing policy, or gun laws have been in Democratic hands for decades, how do those candidates explain that they want to move the nation ahead with their plan, when prior efforts clearly failed?

Wittingly or not, NBC moderator Jose Diaz-Balart made that point with respect to New York City with this question: “Mayor De Blasio, good evening. You’re the mayor of the biggest city in the United States, but it’s also one of the cities in the country with the greatest gap between the wealthy and the poor. How would you address income inequality?”

In that sense of candidates with longer records and little to show for it are perhaps among the most vulnerable contenders.  An example of such is former Vice President Joe Biden. When any candidate says they can ‘fix’ the economy to be more fair to the worker, or fix the problem of big business consolidating smaller ones and their overbearing market and political power, how can they say that with a straight face?  Especially when they had years in office to do so, but failed to do it?  Or, how can a candidate rail against ‘Wall Street,’ or big businesses, when they have accepted years of campaign contributions from some of those same big corporate interests directly or through PACs?

 

  • Yes, they will pay more in taxes, but less in health care for what they get.” – Senator Bernie Sanders. What wasn’t nailed down in that bit of candor is the point made by Thomas Sowell.

 

ThomasSowellQuoteAmazingCannotAffordDoctorsHospitalsMedicationThinkWeCanAffordDoctorsHospitalsMedicationGovernmentBureacucraacyAdministerItMHProNews

See a free enterprise solution for rising health care costs that is already working in numerous U.S. cities and towns, linked here.

 

Be it heath insurance, which is not the same as health care, or most any other instance one cares to mention, government routinely is less efficient than the private sector. The waiting time for treatments in Canada and England for certain procedures with their socialized medical care can be months to years.  That’s why the solution linked here, which costs less and is already proven to work, is but one example of free enterprise offering solutions that big government has failed to deliver.  Why have so many members of both major parties largely ignored that proven pathway?

Whatever the answer to that question, that being so, what must occur is fostering more competition, not less of it.  That’s why the issue of consolidation and monopolization should be important to every American.  It is an area that Democrats – at least in their talking points – have been engaged on more than the GOP, which some have taken notice and are mimicking. While some monopolistic minded businesses may give away something free or at lower cost to gain market share, in time, other options are eliminated. Once no other options exist, where will the competition be to keep prices in check?

That’s why some of those quotes from Democratic candidates cited above are important. As Senator Warren has put it, the laws needed to address these challenges are already on the books. They should be enforced.

What members of both major parties should do, with respect to manufactured housing, is hold hearings to explore how market dominance was or is being achieved, and through prompt public hearings put pressure on federal agencies to act sooner, than later.

 

The Manufactured Housing Connections, Opportunities and Obstacles

Manufactured home professionals should take heart that HUD Secretary Ben Carson has been pushing a narrative for some 2 years, and has recently connected it directly with manufactured housing.  Carson’s recent speech in New Orleans de facto addresses how manufactured homes could play an important role in addressing the issue of income inequality in a way that – at least so far – not one of the Democratic candidates have made a similar tie-in.

Dr. Carson’s evidence based notion is this. Home ownership is perhaps the most proven form of personal or household wealth creation. As Carson said in his speech linked here and above, the typical home owning family has a net worth of some $200,000 vs. the typical renter having a net worth of only some $5,000. Carson further pointed out that FHFA data reflects the point that manufactured homes can appreciate in value too. Rephrased, Carson confirmed prior data points made by researchers, for example, linked here.

The thumbnail analysis above should not be construed to mean that the GOP has every answer, nor that the Democrats do.  There are areas that each major party tends to have a superior or inferior track record.

What citizens must recognize is that identifying a problem is only the start. When someone says ‘free college tuition,’ the same principle that Senator Sanders said applies.  There is nothing free, someone always pays.  Sanders admitted that the middle class will have to pay more in taxes for so-called ‘free’ health care. The same principle applies to free education or any other government handout.

How many taxpayers will be willing to pay for free healthcare for hundreds of thousand to potentially millions of new illegal immigrants a year?  When the Trump Campaign starts hammering home those and other points, Democrats will have to pivot or look like they lack basic math skills. Yet on the second night of the primary debates in Miami, all 10 Democrats on stage raised their hand to say that their health care plan would cover all border crossers.

Do they realize that if that would be true, then what is to stop someone from coming to the U.S. by plane boat, or via the northern border?  Get to the U.S., and you’ll get free healthcare, and a raft of other promises of free stuff?

That’s a concern that a few Democrats have prudently raised. Time will tell if they pivot.  If they don’t, will promises of free stuff that can’t possibly be honored triumph over reality?  We’ll see.

The path to prosperity is arguably found in a combination of factors:

  • breaking up the power of huge conglomerates that drive down employment and keep wages lower in the process.
  • Illegal immigration creates a large pool of lower wage workers too, so controlling borders to prevent illegal entry and vetting who is allowed into enter the country is just common sense that most nations follow.
  • Creating a path to sustainable home ownership that is as simple as possible is prudent too.

These are issues that some Democrats have already proven their ability to engage in positively, as have some Republicans.

  • Facts vs. fantasy.
  • Truth over false promises.
  • Equality of opportunity and rights, not contrived or forced outcomes.
  • Economic basics being applied.

These are some of the things that more of America’s elected and appointed political leaders must learn to embrace.  The late Democratic leader, Daniel Patrick Moynihan, wisely said the following famous maxim.

 

Daniel Patrick “Pat” Moynihan was an American politician, sociologist, and diplomat. A member of the Democratic Party, he represented New York in the United States Senate and served as an adviser to Republican U.S. President Richard Nixon. Born in Tulsa, Oklahoma, Moynihan moved at a young age to New York City. Source: Wikipedia

 

NBC’s Savanah Guthrie asked Colorado’s former governor the following. “Governor Hickenlooper… You’ve warned that Democrats will lose in 2020 if they “embrace socialism,” as you put it.”

Hickenlooper replied, “Well, I think that the bottom line is, if we don’t clearly define that we are not socialists, the Republicans are going to come at us every way they can and call us socialists.”

Right or wrong, belief in socialism is rising, but is still not half of the population.  But when on scratches deeper, what has a broad coalition across the left-right spectrum is a belief that the system is rigged. Many who think they want socialism actually want justice. They want to level the playing field.

That’s where the fertile ground could be found for those willing to tackle in an honest and sensible fashion what has gone wrong for so many in America.  That includes why so many don’t get it that manufactured housing is a valid solution for the American Dream of home ownership, along with the how and why that understanding has been thwarted.

There is plenty of fertile ground for the GOP or Democrats to work in concert, or to campaign on a platform that will be more than empty promises.

It is real challenges and pragmatic solutions that we strive to monitor, fact-check, and report on here at MHProNews.

With no further adieu, let’s dive into the reports for the week that was.

 

What’s New on MHLivingNews

 

 

What’s New in Washington, D.C. from MHARR

 

What’s New on the Daily Business News on MHProNews

Saturday 6.29.2019

  “…the Water’s Edge”

“…the Water’s Edge”

 

Friday 6.28.2019

  Rep SWALWELL Said “Pass The Torch,” Biden says No – Democratic Debates, Nights 1 & 2, Full Transcripts, Videos – plus MH Stock Updates

Rep SWALWELL Said “Pass The Torch,” Biden says No – Democratic Debates, Nights 1 & 2, Full Transcripts, Videos – plus MH Stock Updates

  Investment into U.S. Real Estate Market Risen – 3 Year Trend, Says Marcus & Millichap CEO Hessam Nadji

Investment into U.S. Real Estate Market Risen – 3 Year Trend, Says Marcus & Millichap CEO Hessam Nadji

  Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

 

Thursday 6.27.2019

  Democrats Take Aim Big Business, Breaking Up Monopolies, Antitrust – plus Manufactured Housing Market Updates

Democrats Take Aim Big Business, Breaking Up Monopolies, Antitrust – plus Manufactured Housing Market Updates

  Berkshire’s Joanne Stevens Rips Manufactured Housing Institute

Berkshire’s Joanne Stevens Rips Manufactured Housing Institute

  Clayton Homes Contradicts Wall Street Journal’s “Fannie and Freddie’s Latest Push: Factory-Built Homes”

Clayton Homes Contradicts Wall Street Journal’s “Fannie and Freddie’s Latest Push: Factory-Built Homes”

  Controversial Association Award Spotlights Manufactured Home Industry Challenges

Controversial Association Award Spotlights Manufactured Home Industry Challenges

 

Wednesday 6.26.20.19 

  First of Two Night Democratic 2020 Presidential Debates Ahead, Videos, Facts

  President Trump ‘Big Tech Should Be Sued,’ Google Manufactured Housing Angle Overlooked, Plus Manufactured Home Stock Updates

President Trump ‘Big Tech Should Be Sued,’ Google Manufactured Housing Angle Overlooked, Plus Manufactured Home Stock Updates

  HUD Announces Secretary Ben Carson to Chair White House Council on Affordable Housing, Manufactured Housing Getting Attention

HUD Announces Secretary Ben Carson to Chair White House Council on Affordable Housing, Manufactured Housing Getting Attention

  Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

Federal Bill that MHI, Prosperity Now, NAMHCO Tout – MHARR Opposes, Why?

 

Tuesday 6.25.2019

  President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

  “Incestuous” Lobbying? Kings of K Street, Revolving Door, Big Tech, Berkshire Hathaway – Follow the Money

“Incestuous” Lobbying? Kings of K Street, Revolving Door, Big Tech, Berkshire Hathaway – Follow the Money

  Sun Communities (SUI) As Viewed by Hedge Funds Data, Per Media Reports

Sun Communities (SUI) As Viewed by Hedge Funds Data, Per Media Reports

  21st Mortgage Corporation Manufactured Housing Loan Data, Per Federal Sources

21st Mortgage Corporation Manufactured Housing Loan Data, Per Federal Sources

 

Monday 6.24.2019

 

  Vanderbilt Mortgage and Finance Manufactured Home Loan Origination Data, Per Consumer Financial Protection Bureau

Vanderbilt Mortgage and Finance Manufactured Home Loan Origination Data, Per Consumer Financial Protection Bureau

  HD’s Bernie Marcus Says Bernie Sanders ‘Enemy of Entrepreneur,’ plus Manufactured Home Stock Updates

HD’s Bernie Marcus Says Bernie Sanders ‘Enemy of Entrepreneur,’ plus Manufactured Home Stock Updates

  Nicole Friedman, Ben Eisen, Wall Street Journal – Fannie, Freddie, Manufactured Homes, and MH Financing – Part 1

Nicole Friedman, Ben Eisen, Wall Street Journal – Fannie, Freddie, Manufactured Homes, and MH Financing – Part 1

  Driverless Trucks Coming to Big Box, Will Emerging Tech Impact Manufactured Housing Deliveries?

Driverless Trucks Coming to Big Box, Will Emerging Tech Impact Manufactured Housing Deliveries?

 

Sunday 6.23.2019

  Senate Democrat Specifically Urges Broader Manufactured Housing Lending, Bipartisan Approach to GSE Reform

Senate Democrat Specifically Urges Broader Manufactured Housing Lending, Bipartisan Approach to GSE Reform

 

That’s all that she – and that other guy – wrote on the week that was.  Thanks to our sponsors and readers for making and keeping us the runaway number one in MHVille. That’s a wrap for this Sunday morning edition of “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” ©. ## (Headline news in review, fact-checks, analysis, and commentary.)

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Related Reports:

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Independent MH Communities, Retailers – NAMHCO’s Susan Brenton Says What Fueled Break from Manufactured Housing Institute (MHI)

George Orwell, All Issues Are Political Issues, Manufactured Housing Challenges, and You

 

 

 

 

 

 

 

 

 

 

 

 

Real World Economics’ Professor Ed Lotterman says “Playing Monopoly is More Than Just Rolling the Dice”

June 18th, 2019 Comments off

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Since 2005, Ed has been a professor of economics at Augsburg College in Minneapolis, MN, but has taught at many of the higher ed institutions in and around the Twin Cities. In his 30 years as a teacher, he’s had the privilege of educating thousands of students.

 

Before he stood at the head of the classroom, he spent time at the University of Minnesota where he got a bachelor’s degree in Latin American studies and a master’s degree in agricultural economics,” per the EdLotterman.com website page linked here.

Professor Lotterman recently authored an article for Twin Cities entitled Real World Economics: Playing monopoly is more than just rolling the dice.”

The Daily Business News on MHProNews noted on April 26, 2019 that: Ryan Young at the Competitive Enterprise Institute had this to say…“Both parties are making antitrust regulation a 2020 campaign issue. Neither President Trump nor most of the Democratic candidates are proposing improvements.

Let’s note for our ever-growing audience, which obviously means numbers of first time readers, that quoting a source doesn’t imply agreement.  A quote is what it is, and presumably reflects the views of the person or organization cited.  Let’s further note that MHProNews has for years often turned quoted text bold and brown to make it ‘pop.’ Those points made, let’s proceed.

Young also said, After a two-decade lull following the Microsoft case, big antitrust enforcement cases are back in vogue. Both political parties are making antitrust regulation a 2020 campaign issue. Regulators, politicians, and voters have reasonable concerns about concentrated corporate power.” 

Last year, MHProNews spotlighted columnist David Leonardt’s snapshot of current trends in monopolization and a look at ‘trust busting’ history in the report linked below.

New York Times-David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant

 

Industry professionals are well aware of the hot nature of this topic, particularly for manufactured home independents. But those ‘big boys’ who are increasingly being spotlighted for possible collusion and antitrust behavior are likewise following this issue with keen interest.

With that backdrop, Professor Ed Lotterman’s recent column on monopoly follows, provided under fair use guidelines for media.  It will be followed with some additional information and commentary.

 

RealWorldEconomicsPlayingMonopolyMoreThanJustRollingDiceTwinCitiesPioneerPressDailyBusinessNewsMHproNews

Defense and aerospace giant Raytheon announced plans last week to merge with rival defense and aerospace giant United Technologies, creating a huge corporation, albeit a bit smaller than Boeing, and reducing competition in defense contracting.

Yet hardly anyone is raising the issue of “antitrust,” as we call competition enforcement in our country.

This may be because we have seen a progressive concentration of big business into fewer and larger firms, with resulting reduced competition, in many sectors in recent decades. There has not been any real government action to stem this tide in 20 years. So why start again now?

The last was the Clinton administration’s suit against Microsoft’s monopolistic practices over software and operating systems. That was well along, but not yet decided, when successor George W. Bush was inaugurated in 2001. Many economists thought the suit promoted economic efficiency and many legal observers thought the Justice Department had essentially won. But limiting business pricing power was not an objective of Bush 43. The government abruptly dropped the suit.

Nothing much has happened since then, even as we have seen growing concentration in many sectors, including defense, aviation, chemicals, pharmaceuticals, agricultural seeds, fertilizers and chemicals, banking and other financial services, and many more.

That may change, however, if a Democrat is elected to the White House in 2020. Massachusetts Sen. Elizabeth Warren, a law school professor specializing in bankruptcy and consumer protection legislation, is the most vocal and specific of the many Democratic candidates in regard to curbing monopoly power. But nearly all of the other candidates make it part of their platform.

Anyone with historical perspective may note parallels between today and the Gilded Age at the end of the 1800s and into the Theodore Roosevelt administration. We are now similarly seeing high concentrations of upper incomes with business exercising great political power. This was curbed back then by the political reaction of the progressive era, one in which Republicans and Democrats played a big part. Sen. John Sherman, of Ohio, who sponsored the 1890 Sherman Antitrust Act, was a leading Republican who also served as both secretary of State and secretary of the Treasury in GOP administrations. GOP president Roosevelt prided himself on being a “trust buster” and in 1912 led a third-party revolt against his own hand-picked successor, William H. Taft, for the latter’s insufficient willingness to regulate business.

Regulation of business abuses was key in the platform of Democrat Woodrow Wilson, who won that year. Alabama Democratic Rep. Henry Clayton wrote major legislation in 1914 that strengthened antitrust powers.

But issues wax and wane. By the 1970s, deregulation was in vogue. President Jimmy Carter presided over the deregulation of air, rail, trucking and barge transport. Democrats from Nevada and West Virginia sponsored the key legislation ending 90 years of railroad rate controls.

At the same time, within the economics discipline, interest in control of monopoly power waned. Many economists thought economic losses to monopoly power were small and that regulation could cause greater harm.

But now the pendulum is swinging again. Abuses of customers by financial firms such as Wells Fargo and extreme and apparently unjustified price increases for basic essential drugs such as insulin produce public and political outrage. Just last week, Minnesota Gov. Tim Walz called for a special legislative session to address the insulin problem. So expect the issue of monopoly control to re-emerge on the forefront of public debate and stay there for some time.

All this merits a review of basic terminology and economics of monopolistic issues. Start with some definitions:

Monopoly is a situation in which there is only one seller of a good. With no competition, a monopoly firm will reduce output below the level that would prevail in a free market and can sell it for a high price. That harm to the public is well known, but econ students also learn that monopoly inherently creates economic inefficiency, with waste of resources for society as a whole.

Pure monopolies are rare, but we do create them when we grant pharmaceutical and medical device firms patents while not doing anything to control prices charged for their patent-protected products. Price-regulated monopolies such as utilities are allowed because the barriers to market entry, such as building rival electrical power grid networks, are prohibitive to competitors and inefficient to operate.

The next step is duopoly, a market in which there are two producers, though not necessarily the same size. Large passenger airliner production, in which Boeing and Airbus dominate, is a duopoly. But for smaller planes, including those in the class of the Boeing 737, the barriers to entry are lower and smaller firms like Canada’s Bombardier and Brazil’s Embraer can compete.

Note that duopoly is different from bilateral monopoly. This is a market in which there is only one seller facing only one buyer. The Electric Boat division of General Dynamics is the only U.S. producer of submarines and the U.S. Navy is the only buyer of most classes, is an example of this.

At the Fortune 500 level, most corporations operate in situations of oligopoly. Just as oligarchy was government by a few powerful nobles, oligopoly is a market dominated by a few powerful businesses, usually corporations. Farm machinery, autos, air travel, pharmaceuticals, grain marketing, electrical equipment, petroleum, chemicals and many other sectors are dominated by a few large firms, particularly in any single geographic area. So too, increasingly, is health care.

This market structure is not static. In the 1930s, my mother, as a college debater, argued for government regulation of main-street chain stores. In the 1960s, Sears, Wards and new entrant K-mart dominated household retailing. But Target and Walmart shouldered these aside only to see themselves lose market share first to specialized big-box retailers and now to e-commerce.

“Monopolistic competition” is a situation of great competition, but not quite meeting the textbook ideal of “perfect competition.” Often the only difference is a branded product rather than the “homogeneous commodity” in perfect competition. Retail groceries, gasoline, restaurants and so forth are examples of monopolistic competition.

The structure here may vary depending on the level of analysis. McDonald’s, Burger King, Subway, Culvers and others are in oligopoly nationally, but at the consumer level there are dozens of individual eating places from which to choose. And even these larger national and regional providers vary in terms of individual consumer taste and level of convenience.

The incentives for a pure monopoly and the actions they do take are clear and easy to analyze. Those for oligopoly are murkier.

Yes, as a group, an oligopoly will be better off if companies cooperate to act as a single monopolist. That is what “trusts” were all about. That is what a cartel like OPEC strives to do. But as OPEC well knows, it is hard to keep members from cheating. So collusion is difficult. There were no real tools for economists to use in analyzing the dynamics within oligopoly until the application of game theory to economics in the second half of the 20th century.

There are certain situations, beyond granting patents to motivate innovation, where we tolerate monopoly, as in the utilities example above. Officers of Raytheon would argue that defense systems now are in this category. Development costs are so high and production numbers so low, that preserving multiple small firms would reduce research and increase production costs. The same may be argued by drug companies.

Industry structure varies with mergers and divestitures. These often aim for some sort of “integration.”

“Vertical integration” means bringing all steps of production into one firm. At one time, U.S. Steel operated iron mines, limestone quarries and owned coal mining companies. It made raw steel but also had a bridge-building subsidiary and others that made products like barbed wire. UnitedHealth acquiring the Express Scripts on-line pharmacy falls under this rubric.

“Horizontal integration” is the merging of firms engaged in the same stage of production. McDonnell and Douglas had somewhat different product lines, but both were major airplane manufacturers. Raytheon and United Technologies are complementary in products.

There may be a two-step process. A large Mexican cement company purchased South Dakota’s state-owned cement plant, one of many such acquisitions worldwide. But then it started buying up small-town ready-mix concrete plants, moving eastward along I-90. The first step was horizontal, the second vertical.

Much more could be said about such “industrial organization” issues. They will be in the news in coming months. Exactly how seriously voters take competition issues is uncertain, but expect them to play a role in the next elections. ##

By St. Paul economist and writer Edward Lotterman, originally published at this link here.

###

 

Once upon a time, blogger George Allen, citing the Manufactured Housing Association for Regulatory Reform at the now defunct Journal of Manufactured and Modular Housing at length, had plenty of things to say about the monopolization of manufactured housing. However, most in our industry’s trade media have remained largely mute on the topic, as the report linked below documents.

“Monopoly” in Manufactured Housing Alleged by George Allen, MHI Defender’s Turn by former Community-Investor, Self-Claimed EducateMHC Blogger

 

When CNBC’s Diana Oleck asked Clayton Homes CEO Kevin Clayton about what was tantamount to a question on monopoly, his reply was captured on video.  That is found in the report linked below.

 

Tariffs “…Will Effect Demand,” says Kevin Clayton, Answers CNBC’s Monopoly Question – Video – plus Manufactured Housing Market Updates

 

MHProNews has repeatedly asked Clayton, 21st, the Manufactured Housing Institute that they purportedly dominate, and their outside attorney to comment on the concerns linked below.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, a document from 21st Mortgage signed by Tim Williams, and video recorded comments by Kevin Clayton, these all line up to demonstrate how independent retailers, communities, and producers – among others – where purportedly harmed by action that could be deemed an antitrust violation. Why hasn’t Allen told his readers how that cost them money? https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

 

They have exercised their 5th Amendment right to remain mute in response to our offers to confirm or deny the concerns raised and evidenced in reports like the one linked above. That said periodically, for whatever reasons, others will speak up for them.  One such was ManageAmerica’s Andy Gedo. That exchange is linked below.

 

Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues

 

Lotterman’s debatably correct in saying that there are indeed significant reasons to believe that antitrust will be a higher visibility issue in 2020.  There have been mixed signals out of the Trump Administration, sometimes signaling a strong stance, sometimes more subdued.  That may well be in keeping with a similar tact on a range of thorny issues.

While the hometown video from Knoxville TV doesn’t mention antitrust, it does outline other federal challenges that Clayton and their lenders are facing.

 

 

Sources tell MHProNews that the Department of Justice has Clayton and Berkshire on their radar.  Time will tell.  MHProNews will continue to monitor this issue, as it impacts investor, owners, public officials, and the nation at large. Stay tuned.

That’s today’s first installment of “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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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.

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Manufactured Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

Washington Leak – Justice Department Prepares Major Antitrust Investigation

 

“Have…Giants…Stifled Competition,” Antitrust Battle Lines in D.C., plus Manufactured Home Market Updates

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

 

 

 

 

 

 

 

Secretary Ben Carson’s, Julian Castro’s Manufactured Housing, “Trailer,” “Mobile Home” Revelations, 2020 Battles Ahead

June 8th, 2019 Comments off

 

HUDSecretaryBenCarsonJulianCastroManufacturedHousingTrailerHouseMobileHomeRevelations2020BattlesAheadMHProNews

Department of Housing and Urban Development (HUD) Secretary Ben Carson, M.D., has demonstrably done much since taking his oath of office to advance a proper understanding of manufactured homes.

 

In fairness, his predecessor Julian Castro, made a video that praised manufactured housing too.

 

 

While the next video interview with then Secretary Castro unfavorably used “trailer” terminology, the former mayor of San Antonio and current 2020 Democratic presidential nomination hopeful, nevertheless stressed the need for manufactured homes as an affordable housing option. Castro also stressed the need for resident protections, years before Last Week Tonight with Joy Oliver’s viral video misnamed “Mobile Homes” did.

 

 

Thus, videos and interviews by Dr. Carson as a HUD Secretary highlighting manufactured homes are not totally unique. There have been years of bipartisan efforts involving manufactured homes in this decade and previous ones too.

 

 

That is as it should be as affordable housing has been and remains a crisis.

 

 

It is also arguably part of HUD’s mandate that such pro-manufactured home statements and efforts fulfill.

Manufactured housing is the private sector solution to this problem, as Secretary Carson has underscored in various ways since taking on his new role. The evidence suggests he has been doing more to promote manufactured homes and other private sector innovative housing options than any HUD Secretary in the 21st century.

 

 

One can say he has built upon the foundation laid by his predecessor.  Indeed, the two echo the case made by a bipartisan group of Minnesota lawmakers who cited the facts that point to manufactured homes being an important part of the solution for the affordable housing crisis.  The recent event on the National Mall, reflected in 2 of the videos above, was positive and could be potentially useful for the industry to clarify outdated misconceptions.

 

 

But all of that begs several questions for the inquiring mind. For example:

How is it that during an ongoing affordable housing crisis, given all the useful facts and evidence, that the market share of manufactured homes has declined in the overall percentage of new housing starts?

 

AveragePriceExisitngNewMobileHomeManufacturdHomeByYearSince1960GraphicNARManufacturedHomeDataResearchMHProNews

Insightful data, per NAR. From the July 2018 update of the Realtor University report available from this link here as a download, along with other third party studies on manufactured homes.

3ErasMobileHomesManufacturedHomesManufacturedHousingImprovementActEraSkylineChampionShipmentProductionGraphicMHProNews

In 1998, manufactured homes (MH) outsold RVs by some 3 to 2. In 2017, RVs outsold MHs by some 5 to 1. RVs recovered far more quickly from 2008. The facts raise questions. One, is the effectiveness of MHI as the post-production or ‘umbrella’ association in the country. The other question is more sobering. Has Buffett-Berkshire “Moat” strategies kept manufactured home production at historically low levels to allow a few big boy brands to consolidate others at a discounted ‘value’ by MHI insiders? Note that even an exiting MHI president took thinly veiled parting shots at his own association, see that, linked here

 

How is it that the use of the pejorative and inaccurate term “trailer” has grown in recent years, instead of diminished?

 

ManufacturedHomeDescriptionForemostInsuranceGroupResearchDailyBusinessNewsMHLivingNews

NFPAManufacturedHomeIsNotaMotorHomeOrTrailerAlthoughItisOftenCalledMobileHomeItIsNotThatEitherNFPADailyBusinessNewsMHProNews

This is not a perfect definition by the NFPA, but it is clarifying and accurate.

 

What most think of as “mobile homes” has not been built in the U.S. since June 15, 1976. It was on that date, now some 43 years ago, that the mobile home era ended and the federally regulated HUD Code “manufactured home” era dawned.  These are construction, safety, and energy standard differences, not just marketing nomenclature.

Terminology2HarvardFreddieMacNeighborworksManufacturedHomeDefintionMobileHomeTraileModularPanelizedDailyBusinessNewsMHProNews432

TerminologyMattersBecausetheTerminologyDescribestheConstructionStandardsHomeBuiltToSteveDukeLMHAaMHLivingNewsMHProNewsBiggerPocketsSunshineHomesRedBayAL

 

Mobile homes served a useful and important purpose prior to the HUD Code. Millions of pre-HUD code mobile homes are still serving as some of the nation’s most affordable homes, often with updates added since they were first built.

 

UltimateManufacturedHomeHousingInfographicNotMobileHomeTrailerHouseFactoryBuiltHomeIndustryDailyBusienssNewsMHProNews-600

Recent post-Oklahoma, Alabama tornado fact-check, videos, and related reports, linked here.

 

Indeed, the HUD Code manufactured home industry has over two decades or positive, third-party research to back up the claim that it is the most proven form of permanent affordable housing used in the United States today.

 

 

Which again begs questions. With so much useful data and evidence, why has manufactured housing been the solution for the affordable housing crisis that is hiding in plain sight?

 

TerryDecioSkylineChampionHomesPhotoQuoteImTiredofManufacturedHousingbeingBestKeptSecretReadyHelpHouseAmericaDailyBusinessNewsMHProNews

 

Earlier this year, the Manufactured Housing Association for Regulatory Reform’s (MHARR) Mark Weiss, JD, used an interesting phrase to capture what he and his colleagues believe is an “Illusion of Motion” at the Manufactured Housing Institute (MHI). It was a new way to illustrate prior claims that MHI has been failing the industry’s post-production efforts.

The “Illusion of Motion” built upon a research study from MHARR President and CEO Weiss in November of 2017. That MHARR study demonstrated a need for a new body to represent communities, retailers, lenders, and others who are “post-production” operations. Producers, in this context, are those who build HUD Code manufactured homes, which MHARR itself is, as they state that they represents the interests of independent producers of HUD Code manufactured homes.

Post-production topics are those issues that arise after a home leaves the factory.

Those post-production issues would include, but are not be limited to, zoning, placement, and financing issues.

Is MHARR alone in such concerns? Hardly.

Some manufactured home community associations broke from MHI, saying something similar. Neal Haney, who in 2018 co-founded the National Association of Manufactured Housing Community Owners (NAMHCO), said before their trade group was formalized why they broke from MHI in the first place.

 

NealTHaneyNAMHCOWhyBreakawayfromManfuacturedHousingInstituteMHI

 

Publicly traded UMH President and CEO and MHI member said the following.

 

SamLandyQuotePeopleNeedQualityHomeReasonablePriceWeMHIndustryProvideThatOnlyEconomicDistortionsCausedByGovtMadeOurIndustry

 

Another MHI community sector member was more specific, pointing to financing related issues.

 

KennyLipschutzHomeFirstCertifiedCommunitiesMHINCCmemberPuzzlesWhyMHIDailyBusinessNewsMHProNews

FrankRolfeMHIChairmanNathanSmithSSKCommunitiesHypocrisyQuote-MHProNews

Numerous third party media reports underscored Rolfe’s claim. See several of those mainstream media video reports, linked here.

 

But to Landy’s and Lipshutz’s points, wasn’t it Warren Buffett, Chairman of Berkshire Hathaway, which includes MHI dominating forces such as Clayton Homes, 21st Mortgage Corporation, and Vanderbilt Mortgage and Finance, that supported presidential candidates that in turn backed the legislation that was the source of complaints like those cited above? 

Or why hasn’t Berkshire Hathaway used their dozens of BH Media Group and other media resources to clear up the mysteries about manufactured homes?

 

WarrenBuffettBillClintonHillaryClintonBarackObamaKevinClaytonNathanSmithPhotosDailyBusinessNewsMHproNews600

 

Or ponder what MHI member Frank Rolfe and Dave Reynolds of controversial RV Horizons – said this as part of a longer statement issued on June 1, 2019.

 

FrankRolfeDaveReynoldsRVHorizonsMobileHomeUQuoteSlammingManufacturedHousingInstituteMHI

 

 

Mysterious Disconnects and Apparent Ineffectiveness, Why?

This pro-industry trade publication, our sister operations such as consulting, and our the general public focused Manufactured Home Living News (MHLivingNews) were MHI members for some 7 years. MHProNews and MHLivingNews were praised by several MHI elected and staff leaders, as what follows demonstrates.

 

TimWilliamsMHProNewsMHLivingNewsGoodCommunicationsResourcesILogonLatestNewsBigAssetExplainWhyIndustryVoices-768x339

Part of several messages for publication by Tim Williams that praised the pro-industry work of MHProNews, and our sister site. We at times take a light-hearted, or even satirical approach, to illustrate the issues. See an example of that in the video, below.

 

 

HowardWalkerJDELSViceChairmanPhotoManufacturedHouisngInstituteMHIExecuitiveCommitteeBoardMemberDailyBUisnessNewsMHProNews

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

Disclosures

By way of disclosure, ours is a for-profit organization, that has been supported at various times by MHARR, MHI, and companies which are members of each trade group.  Our editorial stance is demonstrably based upon a simple premise. That the manufactured housing industry is much needed, misunderstood, and should be performing far better during an affordable housing crisis.

We’ve supported and led the way on educational initiatives, such as fact, evidence, and third-party commentary focused MHLivingNews. As pro-consumer, pro-free enterprise trade media, and as industry experts/consultants/service providers, we have long believed that manufactured homes are a nonpartisan or bipartisan solution for the need for affordable housing.

The homes our industry produces routinely serve the nation with no-taxpayer subsidies.

At various times, we’ve questioned the efforts of a variety of trade groups, based upon the evidence known at that time. So those MHI surrogates that allege differently are demonstrably mistaken. It’s our follow-the-evidence, facts, common sense, patterns, and the money-trail that has made and kept us the runaway most-read trade media in our industry’s history.  The top people and management in MHI companies, MHARR member firms, or among non-association aligned companies of all sizes have told us that they are regular readers.

 

BarryColeMHInsuranceRVMHHallofFameCongratsManufacturedHomeIndustryMHProNews

 

That’s not said to brag, but rather to clarify that we’re not crackpots on the sidelines spouting nonsensical conspiracy theories. We cite sources accurately, provide evidence, follow-the-money trail, and give those we question in our fact-checks the opportunity to respond. As recently as a few days ago, MHI’s and Berkshire’s manufactured home corporate leaders were given an opportunity to explain concerns like those noted herein.

Their response?  No comment.

Given that MHI leaders themselves have praised us publicly, that begs more questions.

Why on various occasions have their general counsel, or outside attorneys for MHI, threatened us in writing over evidence-based reports?  Note that after several years of that, they’ve never taken legal action; perhaps wisely so. Because how would they justify a suit against an operation that they’ve praised? Or how do they attack a trade media source whose goal is to see the industry grow to its potential?  Wouldn’t a suit open them up to a counter-suit, that could lead via discovery to them being forced to disclose information that they’ve withheld when requested in recent years?

The evidence suggests that the powers that be in MHVille praised us up until our fact-checks and analysis apparently made them too uncomfortable.  But instead of disproving or explaining away the concerns raised here, they stopped responding, and used other tactics instead.  Besides legal and other threats, they apparently lined up surrogates.  One of them is the one that follows.

 

WeveGotAProblemGeorgeFAllenQuoteCommunityInvestorEducateMHCSECOMobileHomeParkManufacturedHomesMHProNews

To see more disconnects between Allen and his flip-flops, then and now, click here and here.

ManufacturedHousingIndustryMonopoly-Oligarchy-GeorgeAllen-PostedDailyBusinessNews

The word heard is that MHI-connected leaders made a bargain with Allen to get him to praise them and attempt to diminish our trade media. Allen has called for a boycott of this publication, in writing.  Among the problems with that approach has been that Allen himself has blasted MHI, Clayton Homes, and others for the same kinds of concerns that we or MHARR, among others, have raised. To our knowledge, Allen has never explained his flip-flops on his blog or other musings.  By contrast, Allen’s record of criticism of those he now embraces is evidenced by the pull quotes as shown.  Rephrased, Allen makes a poor surrogate, as he’s made similar allegations himself, prior to his recent flip-flop.

GeorgeFAllenCommunityInvestorEducateMHCSECOcoba7MonopolyConsolidationClaytonHomes21stMortgageBerkshireHathawayQuotesManufacturedHomesCommunitiesMHproNews

Like MHARR – indeed, citing MHARR, Allen called for a new post-production association. Oddly, Allen more recently has attacked MHARR, whose position has been consistent, while Allen’s has arguably vacillated based upon MHI’s support, or not. But Allen is but one of many who have made allegations of monopolistic practices in manufactured housing. 

DougRyanAmericanBankerManufacturedHousingMonopoly-postedDailyBusinessNewsManufacturedHousingIndustryProNews-575x237

While MHI’s SVP Lesli Gooch has denied the charge, Doug Ryan at CFED (renamed Prosperity Now), and long time MHI member, George Allen, are among those who’ve raised the issue of monopolistic practices by MHI. 

AustinFrerickOpenMarketsAntiTrustAntiMonopolyClaytonHomesWarrenBuffettPredatoryLenderMinoritiesMoreDailyBusinessNewsManufacuredHousingIndustryMHProNews

Austin Frerick with the Open Markets nonprofit is among a range of writers that span the left-right media divide which have criticized Buffett’s tactics as monopolistic.

HowClaytonHomesMakesMoneyAustinFrerickTwitterOpenMarketsDailyBusinessNewsManufacturedHousingIndustryMHProNews

 

BloombergShipmentProductionDataManufacturedHousingMHProNews2019-05-16_1057

Let’s note here that success in an industry – honestly earned – is not what we’re called out. Antitrust laws are not designed to punish success, as a former DOJ antitrust professional recently said. However, various kinds of bad behavior may be violations of antitrust or other laws. That’s what our concerns are aimed at. Evidence and allegations of violations of the law.

 

Does Monopolistic Machinations Explain Why MHI Is Ineffective? Or Why Manufactured Housing Has Retreated Since Berkshire Bought Clayton Homes?

Which begs perhaps the most salient points at this time in the wake of what is properly understood as a positive week by Secretary Carson’s Innovative Housing Showcase.

For all of the positive and apt points that Dr. Carson has raised, why has he never mentioned “enhanced preemption?”

–      Is it possible that HUD staff – that certainly must be aware of that provision of the Manufactured Housing Improvement Act of 2000 (MHIA 2000) – has not told him about the enhanced preemption of manufactured housing passed by Congress in a bipartisan way, which was signed into law by President Bill Clinton?

–      Is it possible that MHARR’s letter addressed to Secretary Carson on enhanced preemption was not provided to him?

–      Is it possible that MHI has not raised and pressed this issue of enhanced preemption, in their several meetings with HUD staff?

Noting that MHARR and MHProNews are among those who’ve promoted enhanced preemption in digital print for years, more on those questions later.

But for now, let’s point to our recent report on that in the linked text-image box below, and then press on to what is shaping up as a serious issue in the approaching 2020 presidential and congressional campaigns.

 

Manufactured Housing Professionals, HUD Secretary Ben Carson, Must Promote These Two Words

 

 

Senator Elizabeth Warren, Other 2020 Democratic Candidates, Affordable Housing, and Manufactured Homes

There is an affordable housing crisis in this country,” says Senator Elizabeth Warren in the video below. “That’s why we are here. A safe, stable, affordable home is the foundation for almost everything else in our lives.”

That statement by Senator Warren is every bit as accurate as the ones by HUD Secretary Carson who has said similarly, in his own words.

Note that at the time that Senator Warren made this comment in the MHAction video below, MHProNews was not yet aware of the financial connections between Warren Buffett, Chairman of Berkshire Hathaway, which owns Clayton Homes, 21st Mortgage Corporation, Vanderbilt Mortgage and Finance (VMF), and numerous other interests that are directly engaged in the manufactured housing industry. Buffett bucks fund the Tides nonprofit, which in turn funds MHAction. Restated, it isn’t just progressive billionaire icon George Soros who is supporting some of these groups.  Warren Buffett has been too. Buffett and Berkshire have arguably been funding both sides of the fight over key issues in manufactured housing.

 

 

That noted, Senator Warren – sometimes in concert with congressional representatives – has fired off several letters to firms that routinely have ties to the Manufactured Housing Institute (MHI). Copies of those letters can be found as a download in the report linked below.

 

Manufactured Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

 

Warren and other 2020 Democratic hopefuls have raised the issue of Clayton Homes, and their fellow Berkshire Hathaway owned manufactured housing industry lenders, in a letter to the CFPB. See that in the report linked from the text-image graphic below.

 

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

 

Anti-monopolistic actions are taking a more important role on the national stage, as the Department of Justice (DoJ) and the Federal Trade Commission (FTC) have reportedly launched antitrust probes. Clayton has been accused of racism by Democratic leaders too.

 

President Donald J. Trump, a variety of Democratic and Republican leaders, have raised several concerns over consolidation, tipping the scales of free speech online, antitrust, and monopolistic behavior in the last 2 years.

 

Washington Leak – Justice Department Prepares Major Antitrust Investigation

 

While there is known to be such probes regarding the FAANG stocks, and so-called Big Tech, our sources tell us that Berkshire Hathaway’s activities has also been brought to DoJ’s antitrust division’s attention.

The Seattle Times similarly reported in 2018 that several federal investigations are underway in Washington involving Clayton and their related lenders.  Knoxville, TN metro based Clayton and their related lending units were spotlighted by their hometown media, in the May 22, 2018 video report below.  So there is smoke, does it suggest a fire?

 


 

Several Mainstream Media Reports cited Concerns Over Monopolistic Practices, and Often Name Buffett, Berkshire, and Clayton Homes

·        The New York Times had an interesting article on the historic trends, and named several industries being monopolized.

·        The Atlantic, without specifying how the monopolization was being accomplished, noted that the independent retailers in manufactured housing were being rapidly eliminated/consolidated, that report is linked here.

·        GuruFocus said “Warren Buffett Can’t Escape Unethical Strategic Moats,” their specific points are linked here.

·        The Nation called it “The Dirty Secret Behind Warren Buffett’s Billions…” and specifies Clayton Homes among those using the strategic moat in ‘dirty’ ways.

·        The Jacksonville Florida Times Union summarized the connection between the John Oliver viral hit video dubbed “Mobile Homes,” MHI, Clayton Homes, and their related lenders. That op-ed was first fact-checked by an editor, before it was published not only in the one newspaper it was submitted, but at least in 5 Florida newspapers.

While these and other mainstream media sources that span the left-right spectrum have pointed to ethical and other concerns with respect to Warren Buffett’s ‘strategic Moat,’ it is Manufactured Home Living News and this platform have to date documented specific examples. Attorneys which have reviewed the report linked below say is compelling evidence of antitrust violations by MHI’s most prominent member, Clayton Homes and their affiliated lender, 21st Mortgage.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, one of two such documents from 21st Mortgage signed by Tim Williams, and video recorded comments by Kevin Clayton, these all line up to demonstrate how independent retailers, communities, and producers – among others – where purportedly harmed by action that could be deemed an antitrust violation. https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

 

Finally, there have been long-standing concerns raised for years by this trade publisher – MHProNews – and by MHARR regarding the need to fully implement the Duty to Serve by the GSEs.

 

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

 

Since 2003, during an affordable housing crisis, the total number of manufactured homes being produced per year has declined.  So too has the percentage of new manufactured housing units.  The factors noted and linked from this report are among the contributing challenges that have arguably caused this to be so.

Publicly traded MHI member, Skyline Champion (SKY), is but one of several sources that point to the industry’s underperformance.  Do factors like those outlined and linked from this report help shed light as to why the industry is underperforming?  As but one of several internal and external barometers, RVs have soared in the last 2o years, while manufactured housing is but a shadow of what it was 2 decades ago in total sales.  Yet RVs are a luxury item, and housing is a necessity, the later point being made by voices across the political divide, such as Senator Warren and Secretary Carson, have pointed out.

 

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

Graphic by Skyline Champion, commentary by MHProNews.

 

But what federal officials may not have completely honed in upon is that during that contraction, Clayton has grown their market share, as the next two pie charts reflect.

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

ClaytonHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2011DailyBuisnessNewsMHanufacturedHousingIndustryProNews

Note the acceleration of Clayton’s consolidation, after the letter below by 21st was issued? That’s what some legal minds have called ‘smoking gun’ evidence of antitrust behavior.  Other evidence linked here reflects that the claims by Tim Williams were a mix of the truth and untrue. Rephrased, this was plausible cover for alleged antitrust law behavior.

21stMortgageCorpLogoLetterheadJan302009TimWilliamsRetailersBrokersCutSpecifiedLendingMonopolisticPloyConcernManufacturedHomeDailyBusinessNewsMHProNews

This document was provided as a news tip to MHProNews. To see the full report, click here.

 

ClaytonHomesSkylineChampionCavcoIndustriesMarketShareManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews-e1528746976415

 

 

Coincidence? Or is it because Buffett’s bucks have – via third-party documented ‘dark money’ channels, has funded both the opposition to the industry by MHAction and other activist groups, as well as purportedly dominating MHI.

 

 

Prosperity Now, Nonprofits Sustain John Oliver’s “Mobile Homes” Video in Their Reports

 

This raises several issues that bear federal agencies, media and other investigations, and congressional oversight.

 

HUD Secretary Ben Carson, Affordable Housing, Obscuring the Truth, Innovations in Housing, and Manufactured Homes

 

Because there is a pattern and evidence that reflects the very real possibility that market manipulations and ‘predatory behavior’ by a small number of MHI member companies has cost the industry billions of dollars a year in potential sales.

 

Rope-a-Dope – Preserving Access to Manufactured Housing Act, Mom, Dad, & You

 

Is that an accident, mere coincidence?  Or is it indicative of something more sinister that often causes millennials and others to question capitalism, when it is specific and problematic corporate behavior that should be scrutinized, not the entire free enterprise system.

As tent cities grow in various parts of our nation, of course there will be an outcry by people against such troubling developments.

 

Tent Cities, Homelessness, Crime, Disease, Affordable Housing, and Manufactured Homes

 

While Secretary Carson and his predecessor have both praised manufactured homes, the inexplicable failure to use “enhanced preemption” or the “Affirmatively Furthering Fair Housing” legal principles to address these issues reflect some breakdown between the need and solutions that are already law.

It is mind boggling that MHI has no mention of enhanced preemption on their website, as of the date of the report linked below.  By contrast, MHARR, MHLivingNews, MHProNews and others have numerous articles and years of reports that point to that the need to enforce the law on federal preemption.

 

Members Point to Positives, Problematic – Manufactured Housing Institute (MHI) says, “Get the Facts on Zoning”

 

HUD Secretary Ben Carson, Affordable Housing, Obscuring the Truth, Innovations in Housing, and Manufactured Homes

 

Summing Up

Affordable housing, related lending, and a failure to properly promote manufactured housing are cited by people in and out of MHI as real problems.  This publication has stressed that not all MHI members should be viewed as black hats.  But that ‘black hat’ behavior has occurred from several prominent MHI member-firms is difficult if not impossible to intelligently dispute.

 

ManufacturedHousingInstituteLogoMHIBoardOfDirectorsLogoMHIExecutiveCommittee

Nathan Smith, Joe Stegmayer, Tim Williams, have all had various allegations lodged against them, as has Clayton Homes. Follow the links to learn more, which explains the satirical logo’s point.

 

Small Businesses, Consumers Are Being Harmed

These purported ploys in turn have cost small businesses collectively billions of dollars in the value of their enterprises. In response to declining shipments during an affordable housing crisis, which clearly harm smaller, more marginal businesses more than larger ones.  Bigger players with black hat behavior fuels bad news. The black hats may be using white hat companies in the same association to dress up their overall image.

MHI routinely has a reference to their antitrust statement – linked here – at the start of their individual business meeting sessions.  But that doesn’t change the reality that the industry is being consolidated into ever fewer hands.

To see if this is mere happenstance or something sinister if not illegal, federal, state, other interests, and advocates must do more to investigate beyond what has been done in articles like this and the linked reports herein and further below.

Secretary Carson has been doing a lot for manufactured housing publicly. But a counternarrative is also at play, which videos like John Oliver’s dwarf the good news that Secretary Carson is attempting to foster.  To date, the MHI ‘Homes on the Hill’ videos posted on this page have had about 2,000 total views between the 5 videos.  That’s helpful.  But John Oliver’s viral attack on manufactured housing has had over 6 million views.  That’s the factual reality.

Both major parties are making affordable housing and antitrust issues.

–      Will one party or both grab the bull by the horns, and investigate Berkshire Hathaway publicly?

–      Will one or both political parties call Warren Buffett, Kevin Clayton, and Tim Williams in to testify under oath about the evidence and allegations linked here?

–      Will federal and other investigators formally and publicly examine claims since the item linked above of further market manipulations, such as the ones reported at this link here?

–      Will the Feds and others allow Berkshire’s money and reputation to back them off? Or will they listen to voices that include MHI members who have said for years there is something wrong at the Arlington, VA based ‘umbrella’ trade group?

 

LATonyKovachGoodBipartisanshipShouldalwaysBepredicatedBenefitallhonestindustrymembersnotslectfewquote

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

Ponder the following 4 items from current-former MHI members.  On the issue of DTS, ponder the photo of MHI’s sponsors, and then MHARR’s comment about DTS.

 

TheHUDCodeforManufacturedHomesisADiscriminationCodeMartyLavinJDMHIAwardWinnerMHRetailFinanceExpertCommunitiesOwnerPhotoQuoteMHProNews

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

MHProNews looks at the facts, considers the sources, and follows the evidence. MHI earlier last year, and for years before, MHI routinely replied promptly to all inquiries. But since we’ve spotlighted the problems and concerns, they’ve gone silent. Why? If the facts are on their side, why not make offer a cogent explanation?

 

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

Ask yourself. Do these Marty Lavin dictums apply in this case?

 

 

2018-10-03_1018ManufacturedHousingInstituteHILogoCavcoFleetwoodPalmHarborFannieMaeFreddieMacLogoDailyBusinessNEwsMHProNEws

Marty Lavin advises, “Follow the Money” and “Pay More Attention to What People Do Than What They Say.” The GSEs are praising manufactured home quality, but then backed Clayton in supporting a ‘new class’ of manufactured homes, with key MHI member input, that is aimed at funneling that lending, per informed sources.

MarkWeissDTSQuoteManufacturedHousingAssocRegulatoryReformMHARRDailyBusinessNewsMHproNews

ManufacturedHousingInstitutePhotoOpportunitiesDailyBusinessNewsMHProNews

The Trump Administration officials shown above could well find themselves the target of MHAction, or other similar activist group’s claims, that they are acting on behalf of the MHI’s largest companies. Indeed, MHI has implied as much in their ‘photo op’ messages to their own members. Are we to think that MHAction doesn’t already have these photos? MHAction and their affiliated groups have arguably already laid the foundation for that in their prior protests of Secretary Carson, and large MHI members, as the video with Senator Warren above illustrates. To be clear, MHProNews is not accusing these officials of any wrongdoing, but rather, we are hereby pointing out the on issues such as DTS, Enhanced Preemption, or Affirmatively Further Fair Housing, failure to fully and properly address those as federal law already requires could leave well meaning photo ops to be twisted into something that those officials never imagined. To learn more, click here.

 

Let’s dot the i on the above by saying anew that in pointing the finger at the Omaha-Knoxville-Arlington axis, that is not to be misconstrued as saying that all of those in said organizations are all tainted.  Among our sources are those in Clayton Homes, 21st, and MHI, to name but a few.  There are good people working in these organizations who are as troubled by what is occurring to the industry as we and others are.

 

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Millions of Americans are trapped in rentals, largely unaware of the good news that Secretary Carson has said during his tenure at HUD, or what scores of others in manufactured housing have been saying for years. Will MHI take these helpful videos that Secretary Carson made possible, and robustly promote them?  Or will they be a mere fig leaf? The latest head-fake to members, another illusion of motion, while the industry continues to consolidate?  Meanwhile,  millions search for affordable housing, when the solution is hiding in plain sight?

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Notice. One can agree or not with 21st Mortgage CEO and prior MHI Chairman Tim Williams’ presentation, from which the slide above was taken with permission, while still questioning how it came to be that Williams was being intellectually at odds with Berkshire Hathaway Chairman, Warren Buffett. To see all of William’s informative slides, click the graphic above. http://www.MHProNews.com/industry-news/industry-in-focus/is-tim-williams-21st-mortgage-ceo-mhi-chair-at-odds-with-berkshire-hathaway-chairman-warren-buffett What is undisputable is that for years, MHI pursued a bill that their own SVP of Government Relations said had essentially no chance of passage. Where was the logic? Or was it a ‘rope-a-dope‘ ploy?

 

But there is a rationale case to be made that forces within the industry have intentionally limited the industry, with the purported aim of consolidating businesses at a discount in a fashion that might slip by antitrust regulatory scrutiny.

 

Enforce Existing Law

But as or more important is that the solution requires no new legislation.  The solution is already federal law.  It need but be enforced. But there is evidence that the powers that be in the industry don’t want to solve the problem now.  They want to consolidate more of the industry. Meanwhile, the suffering of millions of people and thousands of independent business professionals continues.

 

UnderstandingWarrenBuffettCastleMoatMetaphorsQuotesDailyBusinessNewsMHProNews

Never forget that even during medieval times, castles and their moats were in fact breached. MHProNews and our sister site continue to chop away at the core issues that are close to the heart of what is arguably keeping manufactured housing from achieving its potential.

WarrenBuffettAZQuoteCriticalFactorDetermineValuePayFairBargainPriceMHProNews

GoodBusinessIsLikeAStrongCastleWithaDeepMoatAroundItSharksIntheMoatIwantItUntouchableWarrenBuffettQuoteDailyBusinessNewsMHProNews

Sometimes the truth is hiding in plain sight. Follow the facts, evidence, and the money.

 

Thus a public federal investigation, led by Congress, but with parallel efforts in the federal agencies, needs to be handled as publicly as possible. Why? Because the harm being done to the manufactured home industry is harming the public, plus independents who are arguably a victim too.

Renters, manufactured home owners, and voters need to understand that this is consolidating Machiavellian ploy is harming their interests.  The industry’s honest professionals should not be punished, it is the alleged bad actors who need to be held to account.

If we as a nation do so, then Secretary Carson’s solution for America may come to pass. The fabled doctor’s prescription, if put to work, could prove useful to millions and would save taxpayers billions too.  It would also create countless new jobs, and spark new investment opportunities.

ValuePenguinFearManufacturedHomesSolutionAffordableHousingCrisis

https://www.valuepenguin.com/home-insurance/fear-manufactured-homes-affordable-housing-crisis If MHI were serious about growing the industry, why have they not spotlighted articles like the one linked above?

 

The reports linked herein plus those below the byline and notices include articles that document how a natural economic boom could take place, raising the net worth of individuals who could leave the world of renting and become owners of affordable housing’s most obvious and proven solution. Modern manufactured homes are a proven solution. There is much work to be done to make that prescription and potential a reality.

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Gus’ message came in response to a series of exposes on issues within manufactured housing, as well as tips, strategies, and opportunities.

To learn more, see the reports linked above and below. More on this simple yet-profound topic tomorrow and in the days ahead. No politics, just 311 words that boil down to two words. Enhanced preemption. “We Provide, You Decide” © ## (News, analysis, and commentary)

(See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them. Third-party images and content are provided under fair use guidelines.)

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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:
http://www.linkedin.com/in/latonykovach

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https://www.manufacturedhomelivingnews.com/we-as-a-nation-can-solve-the-affordable-housing-crisis-says-secretary-ben-carson-spotlighting-manufactured-homes-other-emerging-housing-technologies/

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Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

 

Tim Sheahan, NMHOA President, Controversial Points of Agreement with Marty Lavin, George Allen on Communities

Conquest Capitalism – Thoughts of Chairman Warren Buffett – Billionaires Campaign to Control Trillion Dollar Affordable Housing Market

 

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

 

 

 

 

AOC Sounds Off, 2020 Heats Up, Senator Elizabeth Warren Rising, Manufactured Housing, Article 1 Section 8, and You

June 7th, 2019 Comments off

 

AOCSoundsOff2020HeatsUpSenatorElizabethWarrenRisingManufacturedHousingArticle1section8YouDailyBusinessNewsMHproNews

Senator Elizabeth Warren (MA-D) could be helpful as well as harmful to the manufactured housing industry on several levels. The same could be true of the new darling of the political left, Alexandria Ocasio-Cortez (NY-D). Before diving into specifics on both further below, let’s begin with statements from Warren’s 2020 Democratic presidential nominee campaign.

 

Senator Warren has said that she decided to eschew big donors and PACs.

The following are pull-quotes from Warren campaign messages to the Daily Business News on MHProNews.

It’s been estimated that up to 70% of a congressional candidate’s time is spent with potential wealthy donors – trying to get them to give, or as a reward for doing so. It’s safe to assume that goes for presidential campaigns too, and presidential donors are disproportionately white, male, and wealthy. Look at the 2016 election: The electorate was more diverse than ever, and yet 91% of donors were white. Only three percent of Americans were millionaires, but 17% of donors were. The wealthy and well-connected have been taught by politicians to expect that more money buys more access – they’ve done it for generations, and it too often closes out women and communities of color. We have to do things differently.”

Warren continues, “That means no fancy receptions or big money fundraisers only with people who can write the big checks. And when I thank the people giving to my campaign, it will not be based on the size of their donation. It means that wealthy donors won’t be able to purchase better seats or one-on-one time with me at our events. And it means I won’t be doing “call time,” which is when candidates take hours to call wealthy donors to ask for their support.” Note to new or first-time readers, pull quotes are often turned bold and brown by MHProNews to make them ‘pop’ but the text is otherwise as sent.

We won’t fact check those claims above at this time, other than to note that other sources say similarly.

As a reminder, MHProNews stated that in 2020, at some point we plan to endorse a candidate with each major party plus among independent(s) candidates. Thus, from each of those three candidate pools MHProNews believes – based on the facts, claims, and evidence – we’ll spotlight the ones that appear to be superior to their contenders.  Once we get into the general election, we’ll plan to endorse the candidate that MHProNews believes is best for the industry, our current and prospective homeowners, as well as the nation at large. In our view, that plan is going to make for the most robust debate and bring the most clarity to issues that matter to manufactured housing professionals.

That said, before proceeding, let’s be clear. Quoting Senator Elizabeth Warren doesn’t mean that we editorially agree with all that she says, or even that we necessarily agree with what is quoted. A quote is what it is, something she and/or her campaign said on her behalf.

For example, Senator Warren said in a statement that she made a strategic decision not to be on Fox News, as several other Democratic candidates have and are doing.

Here’s how Warren’s team says the Massachusetts Democrat and prior Harvard Law professor said it. Fox News is a hate-for-profit racket that gives a megaphone to racists and conspiracists. I won’t ask millions of Democratic primary voters to tune in to an outlet that profits from racism and hate in order to see our candidates.” What balderdash that is aimed at pleasing her base. First, Fox has a split between Democratic, Republican, Libertarian and other political perspectives.  Second, some of the Fox anchors and commentators are well known to be Democrats. Is she calling a fellow Democrat a racist? Third, is Fox more conservative than several other networks? Absolutely.  Does being conservative make someone racist? Hardly. So that was political hyperbole, not worthy of her or anyone else to spew or claim.

We’ll look at Senator Warren’s fundraising points in a uniquely Constitutional way, further below. 

But next, let’s turn to a similar point that freshman Representative Alexandria Ocasio Cortez (NY-D) pointed out in a truly interesting video clip that follows.

 

A Point that Congresswoman Alexandria Ocasio Cortez (AOC) and Warren See Similarly

When a new Congress gets sworn into office, they must immediately begin their plans for reelection. Safer to say that after the voting outcome is known, and prior to being sworn into office, their preparations include their plans for reelection.  That’s goes to the core of Warren’s statements on fund raising and being beholden to special interests, which the senator has made on other occasions.

With that in mind, AOC had the following exchange during a congressional hearing.  Whatever one’s politics, it is frankly an issue of importance.

 

 

Tipping the hat in her direction on that exchange, one ought to ask, what’s the solution to what is tantamount to the selling of votes?

Sweep a lot of stuff aside from your mind for the next few moments. Because this will be different than most Americans have been led to think.

Our tax, regulation, and legislative system have been increasingly adrift for at least a century. How so and why? In a phrase, because America’s political leaders allowed themselves to steadily move further away from a strict reading of Article 1, Section 8 of the U.S. Constitution. 

Step back to Article 1 Section 1 of the Constitution, which establishes a separation of powers and puts the legislative power in the hands of the House of Representatives and the U.S. Senate.  A key basis for Americanism is that the founders wanted to avoid a concentration of power.  Three ‘co-equal’ branches of government – the legislative, executive branch, and the judiciary – were supposed to be a safeguard against that threat.

 

Article1Section1USContitutionLimitingGovernmentDailyBusinessNewsMHproNews

 

Further limiting federal power was to enumerate what the federal government could, and could not, do. As the 10th Amendment – part of the Bill of Rights that were needed in order to get passage of the Constitution – phrases that limitation of federal power: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” That 10th Amendment is brief and to the point.  If a power is not specifically given to the federal government – “the United States” by the constitution are reserved to the individual states or to “We, the People.”

What that means is that the central U.S. government – at least in the minds of the framers – was designed to do was keep the federal government from overstepping, including what they could legislate, tax and spend on.

Put that notion to random people on the street and few would be aware of it.  Perhaps understandably so, because it is effectively ignored.  But if you read what Article 1 Section 8 specifies, it is hard to escape the conclusion that much of what Congress does is strictly speaking unconstitutional.

What that means is that the valid concern raised by AOC could be solved by limiting the Congress – and the federal government – to its strict constitutional limits

 

TheBigQuestionArticle1Section8LimitingCongressPowerMHProNews

Still from a video further below.

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Among the reasons that legislative intent is important is that the courts look to legislative intent in helping decide the meaning of a law or the constitution. So quotes from the founders are apt on issues like this one.

 

The two sides of the coin on this congressional authority topic are presented in this next video, immediately below.  The presenter seems to favor ‘the elastic clause’ in a broad way.  He is intellectually honest enough to admit that a strict reading of the Constitution and the 10th Amendment would mitigate against that posture.  But as noted, why have a constitutional limits at all, why have a 10th Amendment, if Congress can do whatever it wants, so long as the president and the courts go along with it?  It was precisely that sort of overreach that the founders sought to avoid.

 

 

On the YouTube page of the following video, citing the Federalist papers, Joshua222md wrote:

As Madison stated in Federalist No. 45:

·        Powers delegated to the Federal government are few and defined

·        Powers remaining in the State governments are numerous and indefinite

Too many in representatives (and citizens) do not understand the authority granted unto congress; this authority is defined in the Constitution with the 18 enumerated powers (Article 1 Section 8).

Really starting at the beginning of the 1900s legislators, presidents, bureaucrats, and justices have bastardized the meaning, intent, and interpretation of these powers and our founding documents in general.

Until this is stopped and reversed, we will continue to put band-aids on mortal wounds. Some of the major violations to the pure constitution are around 3 clauses:

1.General Welfare clause

2.Necessary and Proper clause

3.Commerce clause Another large departure from original intent of the constitution is when the 14th Amendment was reinterpreted to apply the Bill of Rights (1st 10 Amendments) to the states.

This was never the intent of the founders. The entire purpose of the Constitution was to define the purpose and limitations of the general (i.e. federal) government.”  The video is dated and won’t fit the style many want.  But ‘Joshua’ raised the correct point.  If the Constitution meant to convey unlimited power on Congress, it would never have been enacted. The point of the 10th Amendment, was to dot the i on the point that the enumerated powers were it. Any other reading, wittingly or not, is an unconstitutional power grab. 

 

ThomasJeffersonWiseFrugalGovernmentQuoteFreeRegulateOwnPursuitsDontTakeMothLaborBreadItsEarnedSumofGoodGovernmentMHProNews

WhatAreEnumeratedPowersArticle1Section8USConstitution

 

Having set the table, and noting that spelling on ‘defense’ has changed since then, here is how USConstitution.net quotes Article 1, Section 8:

 

U.S. Constitution – Article 1 Section 8

Article 1 – The Legislative Branch

Section 8 – Powers of Congress

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; 

To borrow money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

To establish Post Offices and Post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries; 

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations; 

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings; And

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

— end of Article 1, Section 8 text —

Note that for over a century the nation more or less held to those constitutional limits. During that time, the national debt remained very low.

 

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It was early in the 20th century that laws and amendments were enacted that led to what in hindsight sparked a sharp rise in federal debt.

 

It was after the ‘passage’ of the income tax, the federal reserve act, and after the Supreme Court Rules on a broader understanding of the ‘promote the general welfare clause’ was used to grow government – and the federal overreach grew dramatically.  The solution to the issue that Alexandria Ocasio-Cortez (AOC) raised is to return to the limited powers of the federal government.  That’s not what AOC believes, but that is what history and logic point toward.  To accomplish that will take an educational effort, because ‘term limits’ and other purported ‘cures’ – however well intended – are just a dodge.  Return to the constitutional limits on what Congress can and can’t do and the opportunities for political corruption will be rapidly cut down to size. 

Those who claim that government is the solution happen to be the same that often paradoxically claim that the system is broken. Senator Warren, in an address last year, floated an anti-corruption act.  However well intended Warren’s measure may be, it can’t fix the system, unless it gets to the root cause.  Federal spending, in large measure, ends up flowing to special interests which means specific companies and organizations.   That could be remedied by simply returning to the proper understanding of Article 1, Section 8.  While that arguably would have to be phased in to limit disruption, is it even possible to imagine?  The short answer is yes.  ‘Joshua’ above was one of millions who in the wake of the Obama revolution in government said no further, joining or forming ‘tea party’ groups.  The phrase “TEA” meant ‘taxed enough already’ to many of their members.

By contrast, what AOC and Warren are advocating is more government intrusion.  Thus the need to re-learn and re-apply the proper constitutional limits of the federal government.

 

 

The Coming Impact of Pending Legislative Plans on the Manufactured Housing Industry

That said, let’s pivot to positions that AOC and Senator Warren are taking that could significant impact manufactured housing.

AOC has taken to social media and news outlets to promote her position that affordable housing is a right that precedes the right to earn a profit. Who does the freshman congresswoman think will build housing if there is no financial reward for doing so?  One must keep in mind that federal housing programs are the ones that have delivered what she complains about.  Per Common Dreams, AOC said: “Because when we talk about what housing as a right means, it doesn’t mean that you have a right to four crumbling walls and dirty floor,” she said. What it means is that we all have a right to dignified housing, good heat, responsible structures, low noise, clean air, and clean water—that’s at an affordable price.”

We do not have to be price gauged to live in a building with cockroaches and dirty air and that endanger our kids with lead in the paint. Another world is possible,” AOC said. “We have been conditioned [to believe] that basic rights are a luxury and a privilege when they are not.

What she described is federally subsidized housing. This is the sad irony, the politicos who want to fix housing want to double down on the very policies that have already been proven failures for decades.

One must keep in mind that she made that statement to an audience that reportedly included manufactured home community residents, The town hall was hosted by Housing Justice for All, a campaign led by the Upstate Downstate Housing Alliance, a coalition of tenants, homeless people, manufactured housing residents, and advocates in New York.”

AOC points to her Green New Deal, which was previously reviewed at the link here.

 

Positions Warren Has Taken That Could Impact the Manufactured Home and Affordable Housing Industry

Warren has floated a plan to “A sweeping housing bill that seeks to build more than 3 million new homes in 10 years and bring down rents by 10% was introduced today by Sen. Elizabeth Warren,” said HousingFinance. Senator Warren’s officer said, “This bill will fight housing discrimination and invest in affordable housing…”

Bills like that routinely are harmful to the interests of the manufactured home industry. As independent manufactured home community owner/operator Marge Clark said earlier this year, subsidized housing is a director competitor to manufactured homes.

 

Subsidized Housing vs Manufactured Homes, Community Owner Marge Clark Sounds Off

 

But as the review of Article 1, Section 8 above outlined, Warren’s bill – or AOC’s Green New Deal – do not comport with the enumerated powers of the federal government.

 

Manufactured Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

 

A review of ‘Great Society’ poverty and housing programs by the Heritage Foundation revealed that the total amount of U.S. government spent is roughly equal to the national debt, and has made very little measurable impact on poverty.

 

HeritageOrgWarOnPovertyAfter50YearskeyTakeawaysManufacturedHousingINdustryDailyBusinessNewsMHproNews

PovertyRateHeritageOrg1947to2012ManufacturedHousingINdustryDailyBusinessNewsMhproNews

Different sources, the same facts. The socialist – social welfare – promises are proven not to work, but have cost tens of trillions of dollars. They distort free markets, as Marge Clark aptly pointed out. Why keep doing what has been proven to fail for over 50 years?

 

What does comport with federal power is federal antitrust law or investigations that could serve to break the back of the forces that subtly are holding manufactured housing at historically low levels of results.

 

Washington Leak – Justice Department Prepares Major Antitrust Investigation

 

To learn more about those issues, see the topics linked above, below, and in the related reports that follow the byline and notices.

 

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

NothingIsChangedUntilItisChallenged-768x318

The Rev. Donald Tye, Jr (on right) has rejected several programs that cause people to be warehoused like cattle. Tye has promoted the more liberal use of factory built homes, including manufactured homes.

RevDonaldTyeJrBusinessmanManufacturedHousingAdvocateDailyBusinessNewsMHProNews

Tye explained that public housing – an entitlement – often yields addiction. Ownership vs. renting or living in “projects” leads to integrity, a view he likens to those of Dr. Martin Luther King, Jr.

RevDonaldTyeJrManufacturedHousingAdvocateQuickestWayWealthIndustryVoicesMHProNews500

See an in depth video interview and an accompanying report with Rev. Tye at the link here.

 

The bottom line is that manufactured housing could continue to be swept along by forces beyond its control.  Learning and sharing constitutional limits on federal power could be a useful part of the solution.  That’s a wrap on this installment of News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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Related Reports:

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Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

 

8 Months of Declining Year-Over-Year HUD Code Manufactured Home Production – When Will Manufactured Housing Institute Act?

 

Key to Unlocking Door for More Manufactured Home Sales, Professor Lisa Tyler’s Valuable Research

Tent Cities, Homelessness, Crime, Disease, Affordable Housing, and Manufactured Homes

Gannett Media Exposés, MH Community Owner Moves Sparks Outrage – IEDs of Manufactured Housing

 

HUD Secretary Ben Carson tours Innovative Housing Showcase on National Mall in Washington, D.C.

https://manufacturedhousingassociationregulatoryreform.org/mharr-launches-fighting-discriminatory-zoning-mandates-manufactured-housing-project/

 

 

 

 

 

 

 

What Are Federal Officials Researching About Manufactured Housing?

June 2nd, 2019 Comments off

 

WhatAreFederalOfficialsResearchingAboutManufacturedHousingDailyBusinessNewsMHProNews

At the start of every month, businesses and organizations of all kinds routinely assess the activities and results for the weeks that were just completed.  When compared with an organization’s goals and objectives, that weekly, monthly, and quarterly review of activities and results are a prudent element for monitoring the pulse of an organization. Otherwise, the ‘illusion of motion‘ can set in.

 

To spotlight keen insights on federal officials with respect to our manufactured home industry, let’s take a quick step back.  Using that same method noted above, MHProNews strives to take an hour or two and review statistical and other data at the start of every month. On June 1st, 2019 data generated by third-party Webalizer reported the following about ‘the feds.’

On just two of our several cPanels for MHProNews, there were 3290 hits by “US Government (gov),” per Webalizer.  On our industry professional site, those same 2 cPanels reported 336,385 total visits.  That means that the U.S. Government website traffic is less than ½ of 1 percent of our total traffic on MHProNews.

But those thousands of hits by federal officials on MHProNews should not be discounted or dismissed as insignificant.

MHProNews’ content is geared toward industry professional readers.  Software tells us a lot, but not everything. We don’t ‘see you’ or othres who reading here, because you are not required to login to access our content. What software often does tell us are generic things, like are you a .com, .net, .org, .gov, etc.  Some platforms accessing the site are not identified at all, and are listed as ‘unknown.’ There are no doubt some from the general public that surf in, but ManufacturedHomeLivingNews (MHLivingNews) is designed for them and is more to their liking.

By contrast to generic site info reported by Webalizer or others, our emailed headline news is specific.  Those who sign up, or those who have been on our email list for over 9 years, have or use a given name, even if the name provided is a pseudonym.

That email list tells us that the bulk of our readers are people that can readily be identified, and are professionals who are directly connected to the manufactured home industry.  But there too among our emailed headline news readers are some who have self-identified as public officials. That’s fine.

From a marketer’s perspective, what the data – and comments like Casey Mack’s – tell us is and you is that the vast majority of our audience is what we intended when we launched this platform some 9.5 years ago — manufactured home industry professionals.  As noted, that’s good for business-to-business marketers, and it is a good gauge on other matters too. It’s the ‘other matters’ that no doubt interests federal officials.

So what the data tells us is that significant numbers of federal officials are reading on MHProNews. What are those feds reading and researching?

 

Beyond Data the eMail Inbox, Calls…

Beyond data from third party analytics, there are emails from public officials, and those who are running political campaigns.  The most notable there are several Democrats running for their party’s nomination for the 2020 contest for who sits in the Oval Office.  We also receive routine communications from federal agencies by email, including from the White House and the campaign of President Donald J. Trump.  Speaking of the president, whatever your views on his style may be, objective thinkers realize that the quote below applies to you, us, and anyone who uses common sense. We share the quote because it applies to our industry. The segue to the quote below aside, let’s return to the headline theme.

 

DonaldTrumpQuoteIfSomethignIsGoingtoAffectYourLifeItsBestToKnowAsMuchAsYouCanAboutItDonaldJTrumpSuccessThreadMHProNews

Politically incorrect? Yes. But the quote above is apt and valuable to goal and solution oriented professionals, regardless of their views.

 

There are numbers of messages that come in daily from industry professionals. Those blow away the totals that come in from public officials. Once more, while not entirely scientific, even apart from Webalizer or other analytics data it gives us a good sense of who the vast majority of our readers are.  Namely, manufactured home industry professionals.

On any given day, our readers will totally dwarf the engagement of a blogger such as George F. Allen, based upon information we have, which includes what Allen calls his ‘intimates’ (ouch). Allen has flip-flopped from being a staunch Manufactured Housing Institute (MHI) and Clayton/21st/Berkshire Hathaway critic, to a de facto – if not open – cheerleader for them.  We don’t see Allen’s banking account, but there are reasons to believe that he’s been ‘rewarded’ for his flip-flop, in which he has yet to disavow his own prior claims against what he said in his own words are monopolistic practices that are steadily eroding the numbers of manufactured housing independents.

Allen writes for MHInsider – whose first three initials are MHI, and they too are arguably MHI toadies – and each likes to name drop. It’s a reasonably free country compared to others, and we respect their first amendment rights. While Allen or MHInsider may get some federal readers too, it is logically unlikely that they do so for the same reasons as those who come to research here at MHProNews. Why? Because ‘Toadies‘ are easily identified by objective people.

 

ToadySycophantDefinedDailyBusinessNewsMHProNews

MHInsider, George Allen, others are current examples of toadies to the industry’s powers that be.

 

Growing Federal, State Interest in Manufactured Housing

The industry can thank HUD Secretary Ben Carson for his periodic plugs for manufactured housing.  The industry must also ask, why has MHI still failed – as of today’s date shown below – to promote Secretary Carsons’ strong endorsement of the use of manufactured homes to solve the affordable housing crisis?  Dr. Carson’s address to their own trade group is still not found on their website.  Nor have we found evidence that MHI used their media contacts to elevate the understanding of the industry, and thus provide third-party evidence that could boost new manufactured home sales.  We’ve asked MHI to respond to that, and have asked their outside attorney to do so too. Silence.

 

ImageSearchBenCarsonManufacturedHousingDailyBusinessNewsMHproNews

BenCarsonNewOrleansManufacturedHousingInstituteLogoMHILogoSiteSearch2019-06-02_0604DailyBusinessNewsMHProNews

HUD officials inform us that they are among those who surf our site and content.

 

These search results on MHI’s website are not just curiosities or oddities.  Rather, it goes to the heart of their claim to the IRS that they are ‘trying to improve the regulatory and market environment for the industry.’   There is no doubt that MHI meets with federal officials, they make sure that they show those photo opportunities to their industry readers. They’ve produced videos, but those routinely get very few views compared to those who attack MHVille.  So why do they then fail to tout good news about manufactured housing in an effective way with the general public?  Inept?  Unmotivated?  Incompetent?  We give them credit for being intelligent people. That therefor suggests a hidden agenda, because the alternatives are suggested by those prior three questions.

 

IRSForm990ManufacturedHousingInstituteRichardDickJennisonPresidentSignsThisStatement

A typical Allen statement to his ‘intimates’ is that MHProNews is sponsored by MHARR. Duh. Our banner ads are open for anyone to see. What Allen and his ilk fail to mention is that MHI, Clayton Homes, and 21st Mortgage were all banner advertisers or used other services supplied by our firm too. When our fact-checks and analysis did not suit them, apparently, they stopped their support. While our understanding of certain trends evolved, our pro-growth, pro-independent, pro-consumer views have not wavered, and pre-date modest banner ads from MHARR or others, which we of course value. But a few ad dollars doesn’t change our views, as we tell prospective advertisers. Our views are not changed by someone dangling the promise of ad support. We effectively tell them, support the biggest and most read professional platform, or not.  Marketers pay for engaged eye balls here, they don’t pay to influence our content. 

TimWilliams21stMortgageCorpGoodArgumentsQuoteRespondEveryStoryDailyBusinessNewsMHproNews

The evidence reflects that it is often the ‘big boy’ members of MHI that spark negative headlines. Instead of improving the operating environment, as their IRS 990 filing claims, MHI and key members are arguably doing quite the opposite in practice. By suppressing the good news about manufactured homes with bad news, aren’t they depressing new manufactured home sales?

MHProNews and our sister site have made the argument that MHI is de facto – if not intentionally – working to consolidate the industry into the hands of a few larger brands.  Among those are Clayton Homes, 21st Mortgage Corporation and others owned, connected to, or influenced by Warren Buffett led Berkshire Hathaway. All of that is of potential interest to federal officials.

The following are hot-button issues in the U.S. in Washington, D.C. and beyond:

  • Affordable housing.
  • Income inequality.
  • Monopoly and consolidation.
  • The alleged failures of capitalism, and the rise of interest in ‘socialism.’
  • Anything connected to President Donald J. Trump and several of the members of his administration.

The vast majority of those topics are found only on MHProNews in MHVille.  That’s why industry pros flock by the thousands daily, and logically why thousands of hits resulted from federal officials too.

 

Independent

At MHProNews, we are political independents, which doesn’t mean that we don’t care.  Quite the opposite.  We are strongly in favor of morally undergirded Constitutional safeguarded rights given by God, not man, corporations, or governments. While Jefferson was – like us all – a less than perfect human, the Declaration of Independence that he drafted for the founding fathers captures some of the best thinking of thousands of years of human history when it comes to protecting the rights of citizens. The ‘right to life, liberty, and property‘ was the famous phrase he first wrote in the draft for the Declaration, which was tweaked in the final version to read “the right to life, liberty and the pursuit of happiness.”

Free markets can benefit from proper oversight that protects against monopolistic power or criminal actions. So when corporate giants arguably subvert the normal channels open to small business owners, then not only do those small businesses suffer, but “We, the People” of America suffer too.

Before turning to our headlines for the week of 5-26-2019 to 6-2-2019, let’s summarize the above.

Of course federal officials are on our website daily.  If they want to get that Arlington, VA based MHI propaganda that has been authorized by those who pull their strings in Omaha and Knoxville, they can and no doubt do read that too.  Then, like intelligent people, they compare what they read.  That’s what thinking, analytical people do.

As a passing note, often the strongest arguments against something comes from those who’ve quit that something.  The former smoker or alcoholic may be the one that is most passionate about arguing against those potentially harmful items if they become habitual.  As former MHI members, one should take into account that our publication spent years as MHI members – and that sheds some light on the undemanding forged here too.

It is in testing or questioning results that may flow from an intelligent clash of ideas that allows someone to ponder the claims and underlying logic of:

  • what MHI, MHInsider, Allen, and other bootlickers say vs.
  • what is said here on MHProNews, on MHLivingNews, or at the Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR).

Those two bullets are the two broad camps in MHVille trade media today.

Rephrased, most of the topics linked in our weekly recap, further below, would never be found on an MHI minion’s website.  But they are found here.

Which claims stand the test of reason and time?  That is how the truth can be clarified.

We are only hours or days away from the latest shipment data.  7 months into a downturn that is taking place during an affordable housing crisis, MHI has sounded no alarms in their messaging to members.  Why not?

Some in D.C. have and will no doubt go with what MHI says, because they have donor dollars to dole out.  But buying votes isn’t the same as the truth.

Here it is only the power of evidence and reason that prevails.  While we are independent of each other, MHARR has no PAC either. You ask them why. By contrast, MHI makes their PAC well known.  Of course they can buy a statement read into the record.  But those statements, if heard mostly by their own followers, how do they advance the industry?  Or are they just another form of the ‘illusion of motion?’

We believe at MHProNews and MHLivingNews the that evidence, analysis, fact-checks and reason are magnetic.  That’s why we have by far the largest audience of its kind in our industry. And that’s why, IMHO — federal, other public officials and higher office seekers are drawn to MHProNews too.  Even if public officials or others who come here disagree, they know they will find evidence and reason to support our position.

With no further adieu, let’s turn to the headlines from the week that was.

 

What’s News on MHLivingNews

mhlivingnews-improvedlivingforle-logo

Affordable Housing War – Does Ethical, Legal Way to Redistribute Wealth from Billionaires to Millions of Americans Exist Without Socialism or Passing New Laws?

Oklahoma Tornado Kills – Sobering, Surprising Fact Check – Mobile Homes, Manufactured Homes, Commercial Buildings, Conventional Housing, Twisters, and Death

 

What’s New in Washington, D.C. from MHARR

HUD Rescinds 2017 “Guidance” On Carport-Ready Homes

What’s New on the Daily Business News on MHProNews

11DailyBusinessNewsMHProNewsLogos

Saturday 6.1.2019

Brief History and Objectives of the Manufactured Housing Association for Regulatory Reform (MHARR)

Friday 5.31.2019

2019 Maine Manufactured Housing Show Insights

Facts Aren’t Partisan – Southern Border & Immigration Reality Checks, plus Manufactured Housing Stock Updates

U.S. Slips in World Competitive Rankings, per Swiss-Based IMD Competitiveness Center

Key to Unlocking Door for More Manufactured Home Sales, Professor Lisa Tyler’s Valuable Research


Thursday 5.30.2019

Cavco Industries Investigated Anew for Violations of Federal Securities Laws, plus Manufactured Home Industry Stock Updates

Representative Ilhan Omar’s Bill Would Regulate Manufactured Home Community Owners

Patrick Industries-Manufactured Housing Supplier-PATK Investor Relations Spotlights Manufactured Home Industry Challenges, Opportunities

Affordable Housing and the Two Sides of Rent Control, in Two Videos – Pros and Cons

 

Wednesday 5.29.2019

Democratic Professor Defends Conservative Right to Free Speech; How Free Speech Helps, Harms Manufactured Housing

Manufactured Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

John Grissim Guides Author Finger Pointed at 21st Mortgage Corporation, Notorious Tim Williams Letter Cutting Off Retailers

 

Tuesday 5.28.2019

Lawsuit By Manufactured Home Community Owner Claims City “Intent” on Putting it Out of Business

What is Marketing? What is Selling? Succeeding with Manufactured Homes in Your Local Marketplace(s)

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

 

Monday 5.27.2019

Wheel Estate – Manufactured Home Consumer – Special Shopping Report

Dramatic, But Misleading? Manufactured Home Marketers Eye-View of Recent Tornado Deaths in Oklahoma, Alabama

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

Memorial Day, We Remember, Beyond Burgers, Brats, and Buns

 

Sunday 5.26.2019

George Allen’s “Peace Offensive,” Saul Alinsky, HUD Secretary Ben Carson, and Manufactured Housing’s War

Thanks as always for checking in. That’s this Sunday morning edition of “News through the lens of manufactured homes, and factory-built housing” © where “We Provide, You Decide.” © ## (Headline news, weekly recap, 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 or Comments or Letter to Editor in the subject line.

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Related Reports:

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Warren Buffett “Oracle of Omaha” HBO Documentary Berkshire Hathaway #Advexon Video

Senator Cory Booker – ‘We Need a President…to Enforce Antitrust Laws,’ Digging Warren, POTUS Trump

“Monopoly” in Manufactured Housing Alleged by George Allen, MHI Defender’s Turn by former Community-Investor, Self-Claimed EducateMHC Blogger

Capitalism vs. Socialism Town Hall Discussion, Plus Manufactured Housing Equities Updates

 

“Trailer Parks,” Presidential Candidate, Prior HUD Secretary Julian Castro on MH Community Operators, Residents Not Knowing Their Rights

Manufactured Housing Institute Housing Alert! “On Capitol Hill…MHI Advances Manufactured Housing Finance Reform,” Redux

Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues

Dr. Mark Calabria, FHFA Director Interview, Front Lines of GSE Reform, Manufactured Housing Impacts Ahead

Antitrust Heats Up With Supreme Court Ruling, Monopolization Legal Experts Weigh In, Clayton-Related Comment Connection

“Lead, Follow … Or Get Out of The Way”

 

 

 

 

 

“Trailer Parks,” Presidential Candidate, Prior HUD Secretary Julian Castro on MH Community Operators, Residents Not Knowing Their Rights

May 20th, 2019 Comments off

 

JulianCastroHUDSecretary2020DemPresidentialCandidateTrailerParkNationNoMobileHomesManufacturedHousingMHProNews1

If you don’t think that manufactured housing could become a 2020 campaign issue, as part of the broader affordable housing debate or otherwise, then the video below is just one of several reasons why it could be.  Perhaps even why it should be.

 

JulanCastro2020WikiDailyBusinessNewsMHProNews

Credit, Wikipedia. Note that MHProNews coverage of a candidate at this stage should not be construed as an endorsement. However, MHProNews will later discern and recommend specific candidates in each of the major parties that we think is the best candidate from that party for our industry and consumer’s interests.

Don’t forget what the Last Week Tonight with John Oliver viral hit “Mobile Homes” video launched – and revealed.

For example, as an upcoming report will reflect, the word heard from statehouses to Washington, D.C. is that the HBO satirical assault on specific manufactured home firms is sparking political debate.

That storm cloud could spell problems for manufactured home industry independents. And with HUD Code shipments already down, for 7 straight months.  It begs the question, will the Oliver video have an impact sales too? What is certain is that ignoring the political warning signs that could become business impacts is not an option for savvy professionals and investors.

In that context, at a minimum, this first video below is a reminder that affordable housing is an ongoing issue. Manufactured homes have a role to play in that scenario. Prior HUD Secretary Julian Castro acknowledged that in the video in his own words.

 

 

Castro did not put down manufactured homes, even though he could have done so in this agenda-driven video interview. At the same time, Castro raised issues that are not so different than the ones John Oliver’s errantly namedMobile Homes video raised.

 

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

You must meet people where they are. Terminology must be taught and caught. Make a habit of using the correct terminology. Share correct terminology with others, because it matters.

TheDeliberateMisueofTerminologyCanBeOffensivetoMillionsWhoProudlyOwnAManufacturedhomeOrThousandsinourIndustryMarkWeissMHARRMHproNews575

TerminologyMattersBecausetheTerminologyDescribestheConstructionStandardsHomeBuiltToSteveDukeLMHAaMHLivingNewsMHProNewsBiggerPocketsSunshineHomesRedBayAL

The terminology matters because
the terminology determines the
construction standards a home was
built to,” Steve Duke, LMHA.

 

Castro’s Favors to MHVille?

It may sound odd from a pro-industry publication, but former Secretary Castro may have done the industry a dark favor, by speaking out frankly on topics that Oliver’s “Mobile Homes” has made an issue too.  ICYMI, or need a refresher on the background to the Oliver video, see the report linked below.

 

Prosperity Now, Nonprofits Sustain John Oliver’s “Mobile Homes” Video in Their Reports

 

What will the manufactured home industry’s independents and other leaders do to fix the harmful stereotypes and vexing problems?

In the Manufactured Housing Institute’s (MHI) favor, and to their ‘credit,’ they obtained the Castro video below, while he was HUD Secretary.  It should be married up with the OZY Media video, above, compared and contrasted.

 

JulianCastroDemocratic2020DemocraticCandidateManufacturedHomeProNews

Note that MHProNews coverage of a candidate at this stage of the 2020 race should not be construed as an endorsement. However, MHProNews will later discern and recommend specific candidates in each of the major parties that we think is the best candidate from that party for our industry and consumer’s interests. If significant independent candidates enter the 2020 White House race – such as Howard Schultz – we likewise reserve the right to discern and potentially endorse an independent in the race for 2020. Rephrased, we expect to have a candidate among Democrats that we will say is the apparent best from that party for the interests of the MH industry and consumers perspective. We expect one candidate from the GOP, and possibly one from independents and/or minor parties. That will maximize manufactured housing’s independents and MH homeowners potential influence on the 2020 race.

That said, why didn’t the Manufactured Housing Institute (MHI) successfully and sufficiently engage back then with Secretary Castro to get him to use correct terminology in a video like this?  That’s but one of several possible questions.  Frankly, the terminology is arguably less Castro’s miss than MHI’s.  Why?

Recall, it is MHI that claims to represent all segments of factory-built housing.  They have taken on the mantle of the industry’s post-production national trade association.  That makes it their job.  They should do their job properly, change their claims, or get out of the way.

MHI also claim to be promoting the industry and regulatory conditions in their IRS Form 990 filings. Those IRS forms are 990s are signed by Richard ‘Dick’ Jennison under penalties of perjury.

The Castro video was obtained years ago.  Is that more than enough time to post it on the MHI website?

 

JulianCastroHUDSecretary2020DemocraticHopefulMHIVideoManufacturedHousingInstituteLogoMHILogoMHISiteSearch5.20.2019MHProNews

The HUD Secretary Ben Carson speech has been missing from the MHI website, but so too is this one from HUD Secretary Castro. Doesn’t this once more prove the point of equally controversial Frank Rolfe?

FrankRolfeNegativeArticlesOnIndustryNoCommentbyManufacturedHousingInstituteMHIRVHorizonsMobleHomeUniversityPostedDailyBusinessNewsMHProNews-575x132

Rolfe is a prominent – and controversial – MHI member.

 

This is the tip of a proverbial iceberg. Will enough MHVille professionals learn from the 2009 fiasco?

 

 

For a more complete understanding of the issues at play, and for a new report that goes in depth on a public site that you can share with others, see the link here and below the byline and notices.  During an affordable housing crisis, MHI is seemingly asleep at the switch as manufactured home shipments have dropped for 7 straight months. These are reality checks – stark wake up calls.

 

MHIlogoMonopolisticHousingInstituteLogoManufacturedHousingInstituteLogoMarch2019ProductionShipmentReport

As a pro-ethical growth, pro-industry, pro-consumer trade publisher that is the runaway #1 in manufactured housing, it seems apparent after years of mild to modest challenges that question MHI’s leadership, that more direct and serious efforts are arguably needed. See the related reports below for more insights and details.

 

That’s this Monday Morning’s second look at reality check of manufactured housing “Industry News, Tips, and Views Pros Can Use,” © where “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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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 browsers do.

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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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Senator Cory Booker – ‘We Need a President…to Enforce Antitrust Laws,’ Digging Warren, POTUS Trump

May 13th, 2019 Comments off

 

SenCoryBookerWeNeedAPresidentToEnforceAntiTrustLawsDiggingElizabethWarrenPOTUSTrumpManufacturedHousingMHProNews

Still frame from video, posted below. The text graphics are by MHProNews.

I don’t care if it’s Facebook, the pharma industry, even the agricultural industry. We’ve had a problem in America with corporate consolidation that is having really ill effects,” New Jersey Senator and 2020 Democratic Nomination contender Cory Booker said in an interview for ABC News “This Week.”

 

It’s driving out the independent family farmers. It’s driving up prescription drug costs. And in the realm of technology, we’re seeing…one or two companies controlling a significant amount of the online advertising.” he continued.  Booker’s comments come on the heels of Facebook’s co-founder and former chief executive Chris Hughes’ publicly calling for the breakup of Facebook, see that and other former FB insiders comments, linked here.

IfMHProNewsIswritingAboutItIWantToKnowAboutItQuote

Executive level readers comment.

Tens of thousands of manufactured home industry professionals use Facebook daily.  But the issue of controlling wide swaths of media, or other antitrust concerns that impact manufactured housing, are far broader.

It should be noted that Big Tech, including Facebook’s Mark Zuckerberg are more routinely saying to federal officials, ‘regulate us.’ But as deeply-focused, regular, and longtime MHProNews readers know, that call for ‘regulation’ can be akin to big banks getting ‘regulated’ by Dodd-Frank.  The consequences of Dodd-Frank and the regulations that flowed from it were that smaller lenders got driven out.

Rephrased, a giant firm can better handle regulations, which pushes out smaller ones.  Thus FB’s and Zuckerberg’s – or any other similar call for regulation vs. antitrust law breakup – can properly be seen as a ruse that simply won’t work in practice as it is being promoted.  It’s a false flag solution to a real and pressing issue of the growing monopolization of America.  It is possible to posture opposing a big company, but de facto take an action that helps it, rather than controls or breaks it up.

 

Booker on Antitrust, President Trump and Elizabeth Warren

If I’m president of the United States, I will have a Justice Department that uses antitrust legislation to do the proper investigations and to hold industries accountable for corporate consolidation,” Senator Booker said to ABC’s Jonathan Karl.

Booker said he believes in “process,” and in this ABC News video delivered a not too subtle elbow at both fellow Democratic contender, Senator Elizabeth Warren (MA-D) as well as GOP President Donald J. Trump.

In early March, fellow 2020 Democratic candidate Sen. Elizabeth Warren called for the breakup of Facebook, Amazon and Google. MHProNews and MHLivingNews have spotlighted Warren’s more aggressive posture on antitrust than some of her fellow Democrats.

As these companies have grown larger and more powerful, they have used their resources and control over the way we use the internet to squash small businesses and innovation, and substitute their own financial interests for the broader interests of the American people,” the Massachusetts Senator Elizabeth Warren wrote. “To restore the balance of power in our democracy, to promote competition and to ensure that the next generation of technology innovation is as vibrant as the last, it’s time to break up our biggest tech companies.”

The arguments being made by these and some other Democratic and GOP voices could be applied to Berkshire Hathaway, Clayton Homes, and their top manufactured home lenders.  It could be applied to Microsoft.  Thus an apt battle cry could be #DeFaangBM. Break up the FAANG companies, plus Berkshire and Microsoft.  These are important places to start the restoration of a more truly free marketplace in the U.S.

 

DeFaangBmAntiTrustOpenMarketsAffordableHousingManufacturedHomesHousingChoiceMHProNews

 

Booker said he doesn’t “think that a president should be running around, pointing at companies and…breaking them up without any kind of process here.”

It’s not me and my own personal opinion about going after folks. That sounds more like a Donald Trump thing to say, like, ‘I’m going to break up you guys, I’m gonna break’ — no.” He deflected the point that it was Senator Warren saying that, not President Trump. “Well, that’s what she’s saying. She’s the one that’s saying that,” ABC’s Karl said.

Booker deflected, saying it was up to Senator Warren to discuss her positions.

I’m telling you right now, we do not need a president that is going to use their own personal beliefs and tell you which companies we should break up,” he said. We need a president that’s going to enforce antitrust laws in this country, and I will be that person.”

 

 

Given the crowded nature of the 2020 field, with about 21 Democrats currently in contention, and Howard Schultz possibly moving towards an independent run, hopeful’s like Booker are looking for media oxygen as well as financial support to sustain their White House ambitions.

 

The Issue of Antitrust, America, and MHVille

Both sides of the major party political aisle have allowed antitrust laws to languish, certainly since the 1990s.  As it is becoming obvious to both the left and the right, there are increasing calls to act in a way that will benefit the economy, jobs, and ultimately the vast majority of the people. ICYMI, or need a refresher, a useful overview was provided in the article linked below.

New York Times-David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant

 

President Trump’s White House let it be know that an executive order on antitrust was drafted last year. His campaign manager has also talked about the threat posed by big tech. See more on that, in the related reports, below the bylines, notices, and offers.

While POTUS Trump has not yet acted, in fairness, it was only recently that the Mueller report came out, which lifted the cloud of baseless ‘Russian collusion’ that acted as a drag on his presidency, especially during his first year in office. It now remains to be seen what he will do with the remaining two years of what he hopes will be his first of two terms at the helm in D.C.

Given the significant extent to which consolidation has been impacting manufactured housing independents and manufactured home community residents in recent years, the interest in this issue is and should be high among industry professionals.

See the related reports, which includes the ‘November Rain’ address by the Trump DOJ’s top antitrust watch dog, further below.

It is difficult to imagine how an investor or professional in manufactured housing can begin to properly grasp the market without having a firm handle on the trends toward monopolization.  That means one must also understand what are the root causes of that trend.  The related reports reveal that it is an issue that spans the left-right divide.  There is oddly no one else in manufactured housing trade media that focuses on this issue, perhaps because they are de facto mouthpieces for the Omaha-Knoxville-Arlington axis?

It’s “Monday, Monday.” Will it be good to thee?  That’s this pre-dawn edition of the #1 most-read “Industry News, Tips, and Views Pros Can Use,” © where “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 browsers do.

(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.

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Berkshire Chairman Warren Buffett Announces Support for 2020 Hopeful, Behind the Curtain

February 26th, 2019 Comments off

 

BerkshireHathawayChairmanWarrenBuffettBacksMichaelBloombergDailyBusinessNewsMHproNews

 

In an interview with CNBC’s Becky Quick, Berkshire Hathaway’s Chairman and CEO Warren Buffett says he would support Michael Bloomberg for president,” says CNBC’s YouTube page.

 

Buffett says he thinks [Michael] Bloomberg would be a good president because he knows how to run things and he understand people and the markets. Buffett also addresses where he falls on the political ideological spectrum and how his views have changed over the years,” per CNBC.

Berkshire Hathaway Chairman Buffett, per reports, has been ‘briefed’ about MHProNews tracking of his comments.  If so, that may explain why his comments about Clayton Homes and their related lending units in his 2018 comments and their annual report were muted.

With that same point in mind, it should be noted that Buffett – who has touted his Democratic credentials, in this video interview begins by making his approach seem more bipartisan.  Not so, per federal donations MHProNews reported last year during the run-up to 2018. Those federal disclosures reflected that 100 percent of his giving went to Democrats.  The graphic below, a collage from MarketWatch, summarized that reveal.

 

WarrenBuffettMarketWatchGivingIn2018CampaignDemocrats

 

Can you hear a Berkshire spokesperson spelling, disingenuous spin?

That’s not to say that he’s never given to Republicans.  It is to reflect that recently, per known facts, that he’s been even more Democratic backing than in other years. Deeper into this interview, he says as much.

In Buffett’s video about the already hot-and-heavy 2020 campaign, he said that he’d support fellow billionaire, and equally leftist pro-Democratic hopeful, Michael Bloomberg.

 

 

Buffett’s analysis on Starbuck’s billionaire Howard Schultz in this video is an interesting one. It is indeed logically more likely that, should Schultz run as an independent, that he would pull more votes from Democrats than from Republicans.  At the same time, if Democrats nominate a far left candidate, would Schultz later proven helpful to his favored party by staking out a more moderate position for the future?

The so-called “Oracle of Omaha” said he hopes no third party candidate runs, because they could “thwart the will of the people.”

Buffett has consistently opposed candidate Donald J. Trump during the 2016 campaign – and by various accounts – including quotes from Buffett himself, was dismissive of Mr. Trump in business during the years prior to his successful 2016 campaign.  See related reports below the byline, offers, and notices for more.

 

ForbesTOP10BillionairesPartyPoliticalSupportTendenciesManufacturedHomeLivingNews

The Democrats are not the same party that they used to be. Neither are the Republicans. Democrats have tilted socialist, and many say so openly.

 

Links to his annual letter and the Berkshire Hathaway annual reports – including the details on Clayton Homes and their related lending – are found below the bylines.

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

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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.

 

 

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Prefab and Modular Front and Center in Solving Housing Crisis

January 30th, 2017 Comments off
PrefabFrontandCenterinSolvingHousingCrisiscredit-PlymouthHerald-Inside-A-Modular-In-Nottingham-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: Plymouth Herald.

As populations around the world continue to grow, a recurring theme is the need for housing.

More directly, many nations have declared a “housing crisis” and are looking for solutions.

One of the nations where the need is most pronounced is the U.K., where a report by Cast CEO Mark Farmer entitled; “The Farmer Review of the U.K. Construction Model” cited that labor shortages mean that new homes cannot be built fast enough, and studies commissioned by the U.K. Government have determined that the country will need an additional one million homes by 2020.

Tim Western of property giant JLL believes that modular and prefab is the solution.

There is likely to be a seismic shift in how and where we live and work by 2030,” said Western.

Homes manufactured like cars, in other words off-site in a factory, with the opportunity to pick and choose what goes into a basic structure, will bring ‘car quality’ to the market.

The entire story is on MHLivingNews, linked here. ##

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

“Flat-Pack” Modular Homes Proposed to Help Solve Housing Crisis

December 9th, 2016 Comments off
FlatPackModularHomestoHelpSolveHousingCrisiscreditUKMirror-postedtothedailybusinessnewsmhpronewsmhlivingnews

The urban bungalow. Credit: UK Mirror.

Not unlike the U.S., the United Kingdom is the midst of a housing crisis, due in part to rising housing costs and lack of skilled construction workers. Willerby Innovations believes they have the answer.

The firm is touting their sustainable modular home, known as the “urban bungalow,” as completely constructed in the factory and can be built in a day for about £60,000 ($75,432 USD).

The urban bungalow can help the government hit its targets while providing jobs locally,” said Phil Parks, lead commercial manager at Willerby Innovations.

The latest government initiatives continue to focus heavily on long-term goals including its ambitious target to build one million new homes by 2020. But even with initiatives in place to help housing associations and developers build more homes, it still doesn’t address today’s pressure on local authorities to meet the immediate social needs. Action needs to be taken now.

FlatPackModularHomestoHelpSolveHousingCrisiscreditWillerbyInnovations-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: Willerby Innovations.

According to the UK Mirror, there are more than 72,000 families living in temporary accommodation, including disabled or elderly residents struggling to live in high-rise buildings, with their caregivers forced into bed and breakfast accommodations.

There are thousands of people at risk of homelessness in the UK with this predicated to rise sharply creating a growing demand for housing from the elderly, the vulnerable and the temporary homeless,” said Parks.

FlatPackModularHomestoHelpSolveHousingCrisiscreditUKMirror2-postedtothedailybusinessnewsmhpronewsmhlivingnews

Inside of the urban bungalow. The design is similar in some ways to single sectional manufactured homes. Credit: UK Mirror.

The homes come with the option of furniture already included, have a large kitchen, living and dining room as well as a family-sized bathroom and are built to last 60 years.

The Daily Business News has covered the U.K. housing crisis, and potential solutions extensively, including the Farmer Review, which called prefab housing the “true way forward.” That story is linked here. ##

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.