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“Warren Buffet’s Exploitative Mobile Home Investment” Kori Hale in Forbes Rips Clayton Homes, Berkshire Hathaway’s Predatory Manufactured Home Practices

April 18th, 2019 Comments off

 

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Starting with the featured image, which may have been provided by a Forbes staffer, and moving on to terminology errors, it must be noted that Kori Hale’s allegations against Warren Buffett led Berkshire Hathaway’s Clayton Homes and related lending units includes inaccuracies.  But that doesn’t mitigate the fact that the thrust of Hale’s comments are devastating, especially coming from the black-female CEO of CultureBanx.

 

Here is the link to her column on Forbes, entitled Warren Buffet’s Exploitative Mobile Home Investment, which is being reproduced below under fair use guidelines for commentary and analysis.

 

Warren Buffett’s Exploitative Mobile Home Investment

Kori Hale Forbes Contributor – I’m the CEO of CultureBanx, redefining business news for minorities.

 

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Warren Buffett’s company Clayton Homes, the biggest mobile home manufacturer in the U.S. has continued to profit from high interest rate loans. The Oracle of Omaha has sold low-income Americans the dream of ownership for nearly 20 years, and his investment company Berkshire Hathaway makes money on the loans, since they own the company that Clayton urges its buyers to go through. Many of the people buying these homes are minorities and have helped to fuel Clayton’s $13.7 billion mortgage portfolio.

 

The Breakdown You Need to Know

Clayton operates the two biggest mobile home lenders, 21st Mortgage Corporation along with Vanderbilt Mortgage. Clayton finances more mobile home loans than any other lender by a factor of more than seven. CultureBanx noted that in 2105, 72% of black borrowers got their loans from Clayton’s Vanderbilt Mortgage and 21st Mortgage, according to FFEI federal data.

They have outsized dominance in the manufactured home market with a 49% share, and where profit margins are greater. Buffet’s Clayton company brought in $765 million in revenue, in 2017.

Mobile home loans are similar to car loans because they’re typically classified as personal property, instead of real estate. Interest rates can be as high as 13.5% or more, and like a vehicle, lose as much as half its value in three years. These rates make it hard for mobile-home owners to leverage equity from their purchase in order to buy a traditional home.

Capitalizing on Trailer Debt

Families who are able to get a loan for their mobile homes generally lease the land on which it sits, a common practice in this industry that can trap people in a cycle of debt. The national monthly average to rent a space in a trailer park is around $250 and can be as high as $600. Trailer parks tend to be built in warmer climates, with Mississippi and Alabama having some of the highest rates of mobile homeownership.

If you’re thinking mobile homes are perhaps only for an older demographic you would be wrong. The majority of mobile-home residents, 23% are between the ages of 18 to 29 and have an average household income of $28,400. If that’s not alarming enough, in 2015, the average sales price for a new manufactured double-wide home was around $110,000.

There are some mobile home communities attempting to rezone trailer parks, to prevent owners from selling the land to developers that may raise the rent even higher. If residents are able to pool their resources together and buy the park, it would give them the opportunity to run it as a co-op.

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Once more, the point of sharing this Forbes column to MHProNews readers isn’t to confirm, challenge, or corroborate this or that claim made by Hale’s, the author of the above published Op-Ed this morning.  Rather, it is to raise the related point that is often at the core of the industry’s image challenges.

The bad news that often harms the industry’s image routinely comes from Manufactured Housing Institute (MHI) connected firms, the largest of which is Clayton Homes, and their Berkshire Hathaway related lending and other brands.  consider this Google search screen capture, done this morning.

 

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The first steps to organize independents into a new post-production trade group are underway.  To learn more contact us in confidence via the link here.  Use the words New Association Inquiry in the subject line.

See the related reports to learn more, found further below the byline, offers, and notices. That’s another episode of manufactured housing “Industry News, Tips, and Views Pros Can Use© where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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Related Reports:

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Howard Schultz Serious About 2020 Independent Run, Outlines Plans, plus Manufactured Housing Equities Updates

March 13th, 2019 Comments off

DowCNNBusinessTicker3132019If a few days of pause in headlines about billionaire Howard Schultz of Starbucks fame made you think you missed a latte, he’s back.  Schultz spoke in Miami, FL today, and outlined some of his concepts for a independent in the White House. On a day that broader markets rose, with a more mixed day on manufactured housing connected tracked equities, we’ll take a fresh look at Schultz plans for a 2020 campaign to become the first independent in the 21st century to become president.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.

 

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

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Business

•          The company has lost more than $28 billion in market value since Friday

•          Grounding all 737 Max planes could cost Boeing billions of dollars

•          Boeing says it will tell the FAA to ground its 737 Max planes ‘out of an abundance of caution’

•          Kayak will allow flyers to filter by plane model, including the 737 Max jet

•          Norwegian Air wants Boeing to pay for grounded 737 Max planes

•          A group of 150 PhD economists are at the core of Amazon’s revolutionary e-commerce strategy

•          Fiat Chrysler recalls nearly 900,000 vehicles

•          Why failure shouldn’t be a bad word in business

•          Spotify wants EU antitrust officials to investigate Apple

•          Brexit chaos leaves business ‘staring down the precipice’

•          Toyota is working on a moon buggy

•          Huawei CEO: US scare tactics will frighten off investors

•          Who is Huawei founder Ren Zhengfei?

•          Huawei is under siege, and now it’s going on the offensive

•          Why the tech giant is suing the US government

•          Walgreens and CVS are 2019’s stock market losers

•          Rite Aid’s CEO is out as company cleans house

•          FDA calls Walgreens’ sale of tobacco to minors “disturbing”

•          This is the CVS of the future

 

Select bullets from Fox Business

 

•          Trump orders US to ground Boeing 737 Max jets

•          FAA has grounded these jets in the past

•          Pilot of crashed Ethiopian Airlines jet reported flight-control problems

•          After Boeing jet crash, Trump tweets ‘airplanes are becoming far too complex to fly’

•          British lawmakers reject no-deal Brexit in any circumstance

•          SEC chair Clayton on Elon Musk saga: 280 characters on Twitter ‘just aren’t enough’ at times

•          BlackBerry morphs into billion-dollar AI cyber company

•          Trump’s grounding of Boeing 737 Max jets trims stock market gains

•          Fiat Chrysler recalling nearly 863K US vehicles that don’t meet EPA standards

•          FDA moves to ban sales of flavored e-cigs

 

Today’s Market Indexes at the Closing Bell…

12MarketIndex3-13-2019YahooFinanceDailyBusinessNewsMHProNews 

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

SchultzSeriousAbout2020IndependentRunOutlinesPlansPlusManufacturedHOusingEquiteisUpdatesMHProNews

 

First, as a backgrounder, let’s share a video of Howard Schultz talking about leadership.

The video above is from a prior London Business Forum. “This is the story behind the Starbucks comeback told by its CEO Howard Schultz. Concerned that Starbucks had lost its way, Howard returned as CEO eight years after he stepped down. Determined to re-establish the company’s vision, Howard reveals what he has learnt about becoming and leading a global brand,” says that YouTube page summary.

Then, here’s CBS News on a talk by Shultz today.  Former Starbucks CEO Howard Schultz said he would lead a charge to make a “transformative change” for the country. He told CBS News’ Ed O’Keefe he would appoint “the most diverse administration” in history. Sounds a bit like the Obama 2008 campaign, but we’ll see.

 

 

Finally, from Fox Business, a 36 minute video of his talk today in Miami, FL.

The possibility of a Schultz campaign furrows brows among Democrats, which may make it a dream come true for the GOP.  But for those who reflect back on the Ross Perot independent campaign in the 1992 election cycle, it shouldn’t be taken lightly by either major party.   It could prove to be a healthy thing for the debates over who should lead the nation after the 2020 campaign voting wraps up.

Says fellow billionaire Steve Forbes, “Don’t under estimate a Schultz candidacy.”

 

Related Reports:

Raucous Caucus, Democratic Reality Check by Speaker Pelosi, Mayor Rahm Emanuel, plus MH Market Updates

Grasping True Value of the Green New Deal for America, Affordable Housing Professionals and Advocates

HUD Secretary Ben Carson on Opportunity Zones, Revitalization, DROPS 2020 Announcement, Plus Manufactured Home Stock Updates

Warren Kicked Hornet’s Nest – How Move May Connect With MH, Renters, Professionals

 

 

Bloomberg Closing Ticker for Tracked Equities on MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

BloombergManufacturedHousingManufacturedHomeCommunitiesLendingIndustryStocksClosingTicker

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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

His Dream Was Rooted in American Dream, “Free At Last”

January 21st, 2019 Comments off

 

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Oppression enslaves both the oppressor and those who are controlled. The comfortable life of the oppressor may look appealing. But when the full scope of economic realities are properly understood, each loses, though one side obviously lost more.

 

Manufactured housing professionals should embrace Martin Luther King Jr. Day on numerous levels. Rev. King accomplished amazing things, but he was not a perfect man. With Dr. King, as with other mere mortals, one must discern and separate the wholesome wheat from the inedible chaff.

Manipulating economic, political, media, housing, and any other aspects of American life costs this nation trillions annually in lost economic output. Learn more at this link here and at the linked text/image box, below.

 

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

 

 

 

 

 

 

The text of Dr. King’s speech –  delivered 28 August 1963, at the Lincoln Memorial, Washington D.C. – per American Rhetoric, is as follows the video below. Note that the copyrighted version of the speech, from the federal archives, is found as a download, linked here.

For manufactured home, and other affordable housing professionals, the American Dream includes having the security and other benefits of homeownership.

 

MostMenAppearnNeverConsideredWhatHouseIsNeedlesslyPoorAllTheirLivesHenryDavidThoreauManufacturedHomeLivingNews

For newcomers to the website not familiar with modern manufactured homes, learn more by clicking the image above or the link here.

 

This abbreviated version of the famous speech by King is shown in the video below, which has had over 9.4 million views.  The longer version, after the text of the speech, has over 3.3 million views.

 

 

 

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I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation.

Five score years ago, a great American, in whose symbolic shadow we stand today, signed the Emancipation Proclamation. This momentous decree came as a great beacon light of hope to millions of Negro slaves who had been seared in the flames of withering injustice. It came as a joyous daybreak to end the long night of their captivity.

But one hundred years later, the Negro still is not free. One hundred years later, the life of the Negro is still sadly crippled by the manacles of segregation and the chains of discrimination. One hundred years later, the Negro lives on a lonely island of poverty in the midst of a vast ocean of material prosperity. One hundred years later, the Negro is still languished in the corners of American society and finds himself an exile in his own land. And so we’ve come here today to dramatize a shameful condition.

In a sense we’ve come to our nation’s capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the “unalienable Rights” of “Life, Liberty and the pursuit of Happiness.” It is obvious today that America has defaulted on this promissory note, insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked “insufficient funds.”

But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. And so, we’ve come to cash this check, a check that will give us upon demand the riches of freedom and the security of justice.

We have also come to this hallowed spot to remind America of the fierce urgency of Now. This is no time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism. Now is the time to make real the promises of democracy. Now is the time to rise from the dark and desolate valley of segregation to the sunlit path of racial justice. Now is the time to lift our nation from the quicksands of racial injustice to the solid rock of brotherhood. Now is the time to make justice a reality for all of God’s children.

It would be fatal for the nation to overlook the urgency of the moment. This sweltering summer of the Negro’s legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. Nineteen sixty-three is not an end, but a beginning. And those who hope that the Negro needed to blow off steam and will now be content will have a rude awakening if the nation returns to business as usual. And there will be neither rest nor tranquility in America until the Negro is granted his citizenship rights. The whirlwinds of revolt will continue to shake the foundations of our nation until the bright day of justice emerges.

But there is something that I must say to my people, who stand on the warm threshold which leads into the palace of justice: In the process of gaining our rightful place, we must not be guilty of wrongful deeds. Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred. We must forever conduct our struggle on the high plane of dignity and discipline. We must not allow our creative protest to degenerate into physical violence. Again and again, we must rise to the majestic heights of meeting physical force with soul force.

The marvelous new militancy which has engulfed the Negro community must not lead us to a distrust of all white people, for many of our white brothers, as evidenced by their presence here today, have come to realize that their destiny is tied up with our destiny. And they have come to realize that their freedom is inextricably bound to our freedom.

We cannot walk alone.

And as we walk, we must make the pledge that we shall always march ahead.

We cannot turn back.

There are those who are asking the devotees of civil rights, “When will you be satisfied?” We can never be satisfied as long as the Negro is the victim of the unspeakable horrors of police brutality. We can never be satisfied as long as our bodies, heavy with the fatigue of travel, cannot gain lodging in the motels of the highways and the hotels of the cities. **We cannot be satisfied as long as the negro’s basic mobility is from a smaller ghetto to a larger one. We can never be satisfied as long as our children are stripped of their self-hood and robbed of their dignity by signs stating: “For Whites Only.”** We cannot be satisfied as long as a Negro in Mississippi cannot vote and a Negro in New York believes he has nothing for which to vote. No, no, we are not satisfied, and we will not be satisfied until “justice rolls down like waters, and righteousness like a mighty stream.”1

I am not unmindful that some of you have come here out of great trials and tribulations. Some of you have come fresh from narrow jail cells. And some of you have come from areas where your quest — quest for freedom left you battered by the storms of persecution and staggered by the winds of police brutality. You have been the veterans of creative suffering. Continue to work with the faith that unearned suffering is redemptive. Go back to Mississippi, go back to Alabama, go back to South Carolina, go back to Georgia, go back to Louisiana, go back to the slums and ghettos of our northern cities, knowing that somehow this situation can and will be changed.

Let us not wallow in the valley of despair, I say to you today, my friends.

And so even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream.

I have a dream that one day this nation will rise up and live out the true meaning of its creed: “We hold these truths to be self-evident, that all men are created equal.”

I have a dream that one day on the red hills of Georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood.

I have a dream that one day even the state of Mississippi, a state sweltering with the heat of injustice, sweltering with the heat of oppression, will be transformed into an oasis of freedom and justice.

I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.

I have a dream today!

I have a dream that one day, down in Alabama, with its vicious racists, with its governor having his lips dripping with the words of “interposition” and “nullification” — one day right there in Alabama little black boys and black girls will be able to join hands with little white boys and white girls as sisters and brothers.

I have a dream today!

I have a dream that one day every valley shall be exalted, and every hill and mountain shall be made low, the rough places will be made plain, and the crooked places will be made straight; “and the glory of the Lord shall be revealed and all flesh shall see it together.”2

This is our hope, and this is the faith that I go back to the South with.

With this faith, we will be able to hew out of the mountain of despair a stone of hope. With this faith, we will be able to transform the jangling discords of our nation into a beautiful symphony of brotherhood. With this faith, we will be able to work together, to pray together, to struggle together, to go to jail together, to stand up for freedom together, knowing that we will be free one day.

And this will be the day — this will be the day when all of God’s children will be able to sing with new meaning:

My country ’tis of thee, sweet land of liberty, of thee I sing. Land where my fathers died, land of the Pilgrim’s pride,    From every mountainside, let freedom ring!

And if America is to be a great nation, this must become true.

And so let freedom ring from the prodigious hilltops of New Hampshire.

Let freedom ring from the mighty mountains of New York.

Let freedom ring from the heightening Alleghenies of Pennsylvania.

Let freedom ring from the snow-capped Rockies of Colorado.

Let freedom ring from the curvaceous slopes of California.

But not only that:

Let freedom ring from Stone Mountain of Georgia.

Let freedom ring from Lookout Mountain of Tennessee.

Let freedom ring from every hill and molehill of Mississippi.

From every mountainside, let freedom ring.

And when this happens, and when we allow freedom ring, when we let it ring from every village and every hamlet, from every state and every city, we will be able to speed up that day when all of God’s children, black men and white men, Jews and Gentiles, Protestants and Catholics, will be able to join hands and sing in the words of the old Negro spiritual:

Free at last! Free at last!

Thank God Almighty, we are free at last!

 

 

There are several items from the civil rights movement era that are often misunderstood today. Several of these impact the issue of housing, politics, and economics.  See the related reports, linked below. The markets are closed today in celebration of Dr. Martin Luther King Day. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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

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

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

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

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

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

 

Related Reports:

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

Housing, Jobs, Poverty, Opportunity – Kerner Commission Remix, HUD and Manufactured Homes

”Your Time is Up, White People” SA Politician Declares, Stirring Up Unrest Impacts MHVille, USA

 

The American Dream, Arguably Among the Most Profitable, But Least Understood Stories in the USA Today

Affordable Housing, the Visible, Yet Mysterious Struggle for an Obvious Solution, Case Examples

Universal Basic Income-The Evolution of Poverty Pimping?

 

 

 

 

 

 

Millionaires Survey IDs Top Threats to Their Wealth

December 18th, 2018 Comments off

 

MillionairesSurveyIDsTopThreatsToTheirWealthManufacturedHousingIndustryDailyBusinessNewsMHProNews

Sum it up in a word, uncertainty. But the details are insightful.

 

There are about 3.3 (+/-) percent of the population, or nearly 11 million Americans who are millionaires, per Spectrum n 2018.

 

Nearly11MillionUSMillionairesPerSpectrumGroupDailyBusinessNewsMHProNews

 

In a new survey conducted for CNBC, there are nearly 11 million millionaires, Robert Frank says that the biggest threat in the view of that millionaire class is the federal government’s dysfunction.

Here are their bullets:

  • When asked about the biggest threat to their personal wealth, the largest number of millionaires said government dysfunction (37 percent), followed by the stock market (32 percent).
  • Overall, their views remain highly political, with 41 percent of Republican millionaires predicting the economy will be better in 2019, compared with only 8 percent of Democratic millionaires.

Frank says that most are generally bullish about the economy itself, which is a data-point that other groups that measure the economy and sentiment have also concurred upon.  Here in the linked report in the box below is one example.

 

Blue Collar Worker Attitude, Outlook, Finances – Latest Data, Express-Harris Survey

 

Another example of that similar sentiment is below, which can likewise be accessed by clicking on the linked textbox.

 

Latest Consumer Confidence Report and Housing Demand

 

The NFIB in the fall had similarly overall positive reports too about the economy.  But will the now divided Congress change that rosy small business outlook?

 

NFIB’s Small Business Leadership Updates Stunning Data

 

Surveys questions can be framed in a variety of ways, which will naturally impact responses.  But as another recent CNBC report reflected, news – arguably some of it agenda driven news – is in part to blame for this ‘uncertainty.’  The economy itself, per several indicators, is sound.  JP Morgan Chase’s Jaime Dimon said last summer that for 20 years, U.S. tax policies have driven capital overseas.  Dimon is a Democrat.

JP Morgan’s CEO Jaime Dimon Sounds Off – “For 20 Years, We’ve Been…Driving Capital…Overseas,” plus MH Market Updates

 

Millionaires Survey Qualifiers and Other Findings

The qualifications to participate in this new CNBC survey of millionaires included an analysis of the investment attitudes and behaviors of 750 investors with $1 million or more of investable assets. “Respondents are required to be the financial decision-maker or share jointly in financial decision-making within the household,” said Frank.

Other findings:

 

  • The survey also highlights the fact that millionaire attitudes toward the economy and markets remain highly political, with 41 percent of Republican millionaires predicting the economy will be better in 2019, compared with only 8 percent of Democratic millionaires.
  • Fully 40 percent of millionaires surveyed say the economy will be just as strong in 2019 as it was in 2018, and 28 percent say it will be even better. Yet government dysfunction remains the greatest concern for investors regarding the economy (38 percent) and also to their own personal wealth (37 percent). Thirty-two percent believe the stock market has increased as a threat compared to the past, and worries over the national debt and immigration have increased.
  • While more than half of millionaire investors anticipate that the S&P 500 will be up more than 5 percent in 2019, 20 percent believe it will be flat.
  • When asked about their own returns, 37 percent said they expect returns of 4 percent to 5.9 percent, while 30 percent expect returns of more than 6 percent. Only 4 percent of respondents expect to be down in 2019.
  • Their longer-term outlook for future generations are also cautious: Only a third of millionaires say their kids will be better off than they are, while 37 percent said they will be worse off.

These results obliquely point to issues that has been raised several times on MHProNews.

 

Barron’s Reports George Soros Move Presaging Market Drop, Harming Manufactured Housing, FAANG Stocks

For more, see the related reports, below the by line.  That’s this morning’s look at “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News , analysis, and commentary.)

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

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

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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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Children, Grandchildren, Family, Manufactured Housing, Money, and You

December 16th, 2018 Comments off

 

ChildrenGrandchildrenFamilyManufacuredHousingMoneyYouDailyBusinessNewsMHProNews600

Many if not most Manufactured Housing Professionals – MHPros – know the truth about our industry’s products and services. That said, millions of people don’t know.  You might say that they have been conditioned into thinking something that is untrue. Hold that thought, because in many ways it is a key to unlocking the future profit potential for your business and location(s).

 

For longtime readers, recall, that a manufactured housing professional – an informed MHI member – is the one who suggested that we research and report on Operation Mockingbird. Google it, we did, and then we did the report at the link below.  Family Jewels was a term used in a declassified CIA document about a once-secret operation, Operation Mockingbird.

.

 

“Family Jewels,” MHVille Insider Tips, “Info Wars” and Omaha, Knoxville, California, Seattle and Arlington, and DC Connections

 

A manufactured home professional also wrote to say, “I am ready for infowars.” Hold that thought too, because unlocking that is also a way to unlock the potential for your business, products, or services.

It is axiomatic that normal people love their children and grandchildren. As with all rules about humanity, there are exceptions. Exceptions – properly understood – often can be used to prove the rule.

The most basic social unit is that of the family. “Social engineers” have been trying to redefine the family for decades, and to some degree, one must admit, that has worked. Teams and businesses have used the phrase “we are family” for some time. The performers The Sisters Sledge in 1980 cut the hot tune – “We Are Family.” Dated now, it was red-hot then.

 

 

A hit song gets played over and over – repetition.

Repetition is either good or bad depending on the subject matter.

Repeat the good over and over, and it sinks in. Repeat the bad over and over, and sadly, that sinks in too.

If someone kept repeating something harmful to your child or grandchild, in time, they could come to believe it.  Depending on the subject, certain harmful beliefs could result in injury or death.

Poison often has an antidote, a medication used to counter the effects of the poison.

The antidote to poisoned information is the truth properly told, and told often enough. That’s infowars in a nutshell. That’s why fact checks and analysis are so important. We do those fact checks and follow the money here.

Call it what you will, but the severe divisions in America are a wake-up call. It is self-evident to thinking, informed business leaders that manufactured homes are misunderstood. It is also logically true that other falsehoods and misinformation are occurring.

 

Want to unlock greater potential profits? Understanding and then communicating to others the truth is an essential part of that process.

 

PEPProtectEducatePromoteUnlockingMindsKeyToAdvancementMHProNews

We created the graphic above years ago, because we understood in a broad sense what was necessary, and how to do it. What we didn’t fully grasp was how the biggest association and the biggest companies in our industry were arguably part of the problem, not part of the solution. But thanks to tips from various informed readers, now we have got it.

While he misused the term, mobile home, Frank’s point below was arguably spot on.

 

 

You aren’t getting that clarity of reasoning above from the Arlington, VA based Manufactured Housing Institute (MHI). That clear thinking isn’t coming from Clayton Homes or any other mega-firm in our industry. Why not?

You are getting it here on MHProNews. Which is why you and thousands of others have or will log on today.

Once weekly, we present the headlines for the reports published from the week that was. We curate – hand pick with intent and deliberation – each report we give you. In our industry, we are the runaway #1 as a result of readers like you, our sources, clients, and sponsors that collectively make this site possible.

If MHProNews is writing about it, I want to know about it,” said a company leader as part of a longer message to us.

As that tipster above wisely said it – for better or worse – we are in an era of infowars. Fake news has to be understood. Which is why we have, among the topics from the week that was, a Daily Business News report on fake news, and how to spot it. That features a short video by a mainstream media expert and award-winning journalist, who is now free from her mega-company.

Help us, help you, help your team. For the sake of your children and grandchildren. This is bigger than our industry, but logically – if you focus on getting the truth out about our industry – that’s an important start.

Here, thinkers like you are not alone. In our avoidably modest-sized industry today, north of 10,000 average logged on daily in recent months, per third-party metrics. For our boutique industry, that 10,000 average daily readers is incredible market penetration.

But it is also reflective of the fact that researchers about manufactured housing – who are often investors – are here day by day too.

The two most common words we get from readers, are “thank you,” and we in turn thank you – our readers, sources, clients and sponsors. Together, we advance.

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

Note that we don’t create a clickable linked box for every report, but you will find over 20 Daily Business News reports that are linked for every given week.

With no further adieu, here are the curated news items and related topics from the week that was, Sunday December 9 to December 16, 2018.

 

What’s New on MHLivingNews

 

The First Step to Problem Solving and #HousingChoice

 

What’s New from MHARR

President Trump Announces Nominee Dr. Mark Calabria to Become New Director of Federal Housing Finance Agency

 

What’s New from the Masthead

It’s Your Profession – Investment of Time, Talent, Treasure – So What’s Next?

 

What’s New on the Daily Business News on MHProNews

11DailyBusinessNewsMHProNewsLogos

Saturday 12.15.2018 

ObamaCare Struck Down, MHVille Insights, Impact, and What’s Next

ObamaCare Struck Down, MHVille Insights, Impact, and What’s Next

 

Friday 12.14.2018 

Legacy Housing Exclusive to MHProNews on Firm’s Solid IPO, Plus MH Market Updates

Legacy Housing Exclusive to MHProNews on Firm’s Solid IPO, Plus MH Market Updates

Home Loan Limits Raised in Over 3,000 U.S. Counties

Home Loan Limits Raised in Over 3,000 U.S. Counties

With Storm Clouds Over Cavco, Eyes on Legacy Housing (LEGH) IPO Today

Joint HUD, White House Announcements Aim to Advance the American Dream

Joint HUD, White House Announcements Aim to Advance the American Dream

 

Thursday 12.13.2018 

2020 Contender Presidential Julian Castro, Obama Era HUD Secretary Announces Exploratory Run

2020 Contender Presidential Julian Castro, Obama Era HUD Secretary Announces Exploratory Run

Legal “Incoming” – Tip on Cavco Industries CVCO, plus Manufactured Housing Industry Connected Stock Updates

Legal “Incoming” – Tip on Cavco Industries CVCO, plus Manufactured Housing Industry Connected Stock Updates

#1 Texas Among States with New HUD Code Sales, Experiences Shipment Drop, Facts Reveal Warning Signs

#1 Texas Among States with New HUD Code Sales, Experiences Shipment Drop, Facts Reveal Warning Signs

“Check Your Facts,” “Follow the Money” – Journalist Sharyl Attkisson, Fake News, MHVille Takeaways

“Check Your Facts,” “Follow the Money” – Journalist Sharyl Attkisson, Fake News, MHVille Takeaways

 

Wednesday 12.12.2018 

Post “Debacle” – Insider Trade @ Cavco Industries – Has CVCO Hit Bottom? Plus, Manufactured Housing Equities Market Updates 

2019 Manufactured Housing Plant Shows

2019 Manufactured Housing Plant Shows

Rep Jeb Hensarling Applauds Appointment of Dr. Mark Calabria to Head FHFA

Rep Jeb Hensarling Applauds Appointment of Dr. Mark Calabria to Head FHFA

“Lots of Sizzle,” Clayton Sales Performance, Other MHI & Clayton Homes News Tips

“Lots of Sizzle,” Clayton Sales Performance, Other MHI & Clayton Homes News Tips

 

Tuesday 12.11.2018 

Who REALLY Runs America? MHVille Timely Reminder, Columbia Law Prof Philip Hamburger Video

Who REALLY Runs America? MHVille Timely Reminder, Columbia Law Prof Philip Hamburger Video

Border Sparks Fly! Senator Chuck Schumer, Rep Nancy Pelosi, POTUS Donald Trump Feisty Video, Costs Benefits, plus MH Market Updates

Border Sparks Fly! Senator Chuck Schumer, Rep Nancy Pelosi, POTUS Donald Trump Feisty Video, Costs Benefits, plus MH Market Updates

What Others Say – Legacy Housing Corp (LEGH) IPO Set for 12.14.2018 

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

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

 

Monday 12.10.2018

Stocks Rebound Despite Clouds over Huawei, China, Brexit, Plus MH Market Updates

Louisville and Tunica Manufactured Housing Shows, Controversial Profitable, Problematic Issues Loom

Louisville and Tunica Manufactured Housing Shows, Controversial Profitable, Problematic Issues Loom

Skyline-Champion (SKY) Manufactured and Modular Factory Home-Builders, Real vs Faked or Misleading News, Reports

Skyline-Champion (SKY) Manufactured and Modular Factory Home-Builders, Real vs Faked or Misleading News, Reports

”Your Time is Up, White People” SA Politician Declares, Stirring Up Unrest Impacts MHVille, USA

”Your Time is Up, White People” SA Politician Declares, Stirring Up Unrest Impacts MHVille, USA

 

Sunday 12.09.2018 

Winter 2018-2019 in Manufactured Housing Land

Winter 2018-2019 in Manufactured Housing Land

Together with thousands of honest MHVille pros of good will, we can make our industry achieve its great potential. That’s done by making American lives better, together. “We Provide, You Decide.” © ## (Sunday Morning, weekly headline news review, analysis, and commentary.)

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

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

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

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

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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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Canadian and American Financial and Banking Systems Compared, Infographic

May 16th, 2018 Comments off

CanadaUSTaleofTwoBankingSectorsVIsualCapitalistLogoManufacturedHousingIndustryDailyBusinessNewsMHProNews

The Daily Business News reports every day on Canadian based companies as well as U.S. based firms in our evening market report.  But it’s been a while since we’ve taken a broader look at the Canadian market, or done a comparison with how U.S. and Canada are similar and differ.

 

So, the following interesting Visual Capitalist infographic is a step toward providing a look at life north of the longest peaceful border on planet earth.

As is widely known, Canada avoided much of the turbulence that was experienced in the U.S. during the run up to and since the 2008 mortgage/housing crisis.  But like the U.S., affordable housing is an issue north of the border.

Manufactured housing regrettably experiences resistance on either side of the 49th parallel.

Against that backdrop, per RBC Global Asset Management and VC:

General Differences:

Historically, the Canadian banking system favors a limited quantity of banks, and many branches. It also carries the British influence of valuing stability over experimentation. Meanwhile, U.S. banking is more decentralized and localized, and more open to experimentation. This has led to trial and error, but also the world’s largest bank system.”

 

Regulatory Focuses

Canada’s banking system tends to promote safety and soundness, while the American system keys in on privacy, anti-money laundering, banking access, and consumer protection measures.”

 

Market Environment
The Canadian market is worth C$142 billion (US$111 billion) per year, while the U.S. market is over 10x bigger at US$1.4 trillion. Interestingly, these market sizes explain why Canadian banks often seek growth opportunities in the U.S. market, while U.S. banks just focus on the massive domestic sector for growth.”

Number of Banks

There are 85 banks in Canada, and 4,938 in the United States.”

Market Share
Canada’s five biggest banks hold a whopping 89% of market share, while America’s five biggest banks only hold 35% of market share.”

 

CanadaUSBankingFinancialSystemVisualCapitalistComparisonsDailyBusinessNewsMHProNewsRBCGlobalAssetManagement600

To see of download the full sized version of this infographic, click here or the image above.

MHProNews will also take this as an opportunity to link up under related reports below of some of the previously published Canadian-connected manufactured housing news. ## (News, analysis, and commentary.)

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

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UPDATE: MHC Future in Doubt, the Other Side of Rent Control

 

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

 

Impact of Fear – Manufactured Home Sales, Business, Investment, Zoning, Politics, Media, Manipulation, and You

January 12th, 2018 Comments off

Americans must recognize, says Harvard psychologist Susan David, that “A familiar story is not necessarily a truthful story.”

In “The Science of Fear-Mongering: How to Protect Your Mind from Demagogues,” Harvard psychologist Susan David explains “the dangers of fear-mongering, the questionable ethics of journalism in spreading hate politics, and the disturbing way that repetition wears down our brain’s resistance to fallacies and hate speech,” per Big Think’s YouTube post.

 

David notes that feelings of safety, right, comfort – their opposites – along with the role that repetition plays, are all part of the “the science of fear mongering.

What has arguably gone under-explored in the manufactured housing industry is the role that fear plays with:

  • Prospective buyers,
  • public officials (think, zoning – votes),
  • investors, business people (being in – or not in – ‘the group,’
  • media,
  • educators,
  • industry members themselves – what causes you or others to think and behave as you do,

plus all others.

Composite still from the video, posted below.

Susan David’s Video

David’s 8-minute video has a left-of-center slant that would be common among many in Harvard. With that caveat and bias in mind, she nevertheless makes important points for manufactured housing professionals to consider.

How is feared used to condition people, for-or-against something?

What role does propaganda play in fear?

Benson Demonstrates How “Propaganda Works” on “Most Americans”

Customers are often driven by a variety of fears.

For instance in sales, there’s the notion of the ‘fear of loss’ – rising interest rates, pricing, a closeout model, or that perfect vacant home-site are but some examples – that have often been used as a real or imagined pressure point to ‘close the deal.’

But among customers, there are other fears.

What about fear caused by the economy? Or how fear of “X” – fill in the blank for x – affect my job?  Will there be a war with North Korea, Red China, or Russia? Will terrorists strike?

Then there are also fears caused by social pressures, or safety concerns.

Those kinds of powerful emotional drivers are reasons why videos and articles can be useful in helping a customer overcome a false fear.  Facts – properly understood – can overcome fear. An example from MHLivingNews.com is posted below.  But there are hundreds of others that address specific issues, often from the vantage point of the home owner or an expert.

Hurricane Irma Florida Survivor Relates First-Hand Manufactured Home Safety, Durability Experience

David’s point is one that impacts investors, and all professionals.

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Fear can cause people to do – or not do – something that their normal value system would cause them to be inclined to do.  Pollsters, for example, recognized that a percentage of “the Trump voters would not always say what they believed. Isn’t that a social acceptance fear at work?

Is fear manifest in other ways within the manufactured housing industry?  Isn’t the only answer, yes?

David asks, “How do we thrive in a world where every which way we turn our fear is being activated by politicians, by the media and by the desperate events that are happening around us?”

Spotting fear, and recognizing techniques of manipulation are perhaps as or more important today than in years gone by.

Why?  Because when people are ‘busy,’ they often default into patterns – instead of questioning, based upon evidence, those patterns and beliefs.

What is really fascinating when we look at the brain research around fear is that our brains proxy anything that feels unfamiliar, incoherent or inaccessible as being unsafe,” says David.

There is fascinating research that shows that when people have lower levels of self-esteem and they are in a job in which they are recognized and promoted, that promotion can feel incoherent to the person with low self-esteem. They have low self-esteem and they might be used to and expecting to be treated badly. So what is fascinating is the results showing that when people are promoted when they have a lower levels of self-esteem they are more likely to leave their jobs,” the psychologist explains.

Fear is an incredibly, incredibly powerful force in our lives and our brains are fairly immature in assessing anything that feels slightly incoherent for unfamiliar as unsafe. What this might mean is that if you are used to hearing a story time and time again from a parent or from a partner about how you are not good enough, you are more likely to be drawn to that relationship because it feels familiar,” she says.

David adds that, “Fear has always had a hold on us, but never with such fervor.”

Media savvy professionals recognize that fear must be overcome.

But how often do professionals consider that habit combined with fear can be coercive?

What are the ways that fear and manipulation tactics may be used against you, your customers, or others that you know? We Provide, You Decide.” © ## (News, analysis, and commentary.)

Note 1: Stay in the know! Thousands of MH Pros, Investors, Officials and Housing Experts do it. You, your team, and industry colleagues can sign up to the MH Industry leading headline news/updates – typically sent twice weekly – click here to sign up in just seconds.

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MHCommunity & Other Curation – Business, Marketing, Investment Info for Manufactured Housing Industry Professionals

January 8th, 2018 Comments off

MHCommunityContentCuratoinDailyBusinessNewsMHproNews

Near the close of 2017, Guy Benson spotlighted a simple, troubling point.

Propaganda works.

Be it Benson, or other articles that utilize third-party sources, those are ‘curated’ on the Daily Business News for the manufactured housing professional.  So there is a mix of original reports, often due to news tips from readers, as well as curated reports that include a uniquely framed, factory-built home perspective.

As a recent survey demonstrated, a sizable slice of millennials say that embrace socialism. The rise and popularity of Bernie Sanders underscored that same reality.

Troubling New Study Reveals a Millennial Trend, Business, Economic, Political Impact 

Yet socialism and free enterprise are at odds with each other.

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

Translation? Why does this matter for manufactured housing owners, and investors?

The problematic bottom-line is this.

If your business has millennials, it’s likely you have people on your payroll voting against your interests.

Of course, they have the right to vote as they wish. But don’t they also have the right and need to understand sound industry, economic, and policy principles?

It’s cheating all involved if facts and demonstrable truth aren’t examined.

sterlingestatessateliteviewmhpronewsmhlivingnews-posteddailybusinessnews-mhpronews

While manufactured housing is often thought of as ‘rural,’ the sprawling 800 home site manufactured home land-lease community of Sterling Estates, in metro Chicago, is an example of how manufactured homes are found in cities too. The only place that modern manufactrured homes could not be easily used in a city environment are in the dense, high-rise parts of a city.

MHC Example

From our consulting side, a client’s manufactured home community that was visited had staff that were audibly speaking out against the property.

They did so in ways contrary to the interests of the owner and their business. As the MHMSM team member approached, they had no idea if that person was a prospective customer, or now.

How many sales had that location lost that way?

Is that a problem – or one similar to it – occurring at your location(s)?

With generic and specific insights like these and others, the Daily Business News frames issues with curated content, to be an educational resource that can – over time – boost manufactured housing professional ethics and performance.

So, what’s “Curation?”

CurateDefinitionCurationManufacturedHousingIndsutryDailyBusinessNewsMHProNews

Some news articles are clearly connected to manufactured housing, but they still merit analysis, refinement, fact-checks, and corrections as needed.  The recent Skyline-Champion deal spotlighted a claim that if it was not understood by the reader, would have led to a misunderstanding about a significant manufactured home reality.

SkylineChampionHomeBuildersMergerPlanAnnounced

Media Bias

MHProNews has carefully – and routinely disclosed – the left-right media tilt.

For example, every curated market report includes data and headlines from left-of-center CNN and Bloomberg, as well as from right-of-center Fox Business. The chart and link that follows will be useful (those two are examples of curated content, framed with the manufactured housing professional in mind).

Reports, Reflections on Media Tilt, Bias, Ignorance, and Manufactured Housing

Data is hopefully accurate facts, like what a stock closed at. But it’s a revealing exercise to compare and contrast the often wide disparity between those left-right media sources – which we list with bullets from CNN Money and Fox Business.

No one in manufactured housing history had done these types of things to such a degree as MHProNews has.

The Daily Business News has been following this practice for years.  Perhaps its one of many reasons why readers like you made us (thank you) #1.

FunctionofEducationTeachThinkIntensivelyThinkCriticallyIntelligencePlusCharacteTrueGoalofEducationDrMartinLutherKingJrDailyBuisnessNewsMHProNews

 

Unsolicited input from industry readers tells us that our readers include, but aren’t limited to:

• Company owners, presidents, and C-Suite,
• Sales professionals,
• Investors,
• MH Community and other MH managers and executives,
• Association executives and their staff,
• marketing, PR, and other company or outside contractors,
• Public officials (mostly federal, but some state and local),
• Media,
• Educators and other researchers,
• non-profits,
Other housing professionals and advocates, etc.

All of these – regardless of age – clearly find content here they find relevant.

Media Tilt, Ours Included

All media, frankly, have some tilt that may be political, economic, or reveal other tendencies, and bias. That’s why charts like the media bias chart shown is useful.

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Disclosure: MHLivingNews and MHProNews have a tilt too. It’s this. We’re passionately:

• pro-consumer,
• pro-industry,
• pro-American, and
• pro-MH best practices.

An analogy is useful. You don’t often find a tech media writer who is anti-tech.

Similarly, we’re pro-MH. Mainstream media, or educators, investors, public officials, policy advocates from outside of MHVille don’t expect to find a source that is opposed to their own industry.

But just as Car and Driver may publish news of a recall or other problem, we too protect our balance and the reputation of the industry, for instance, by calling out those alleged, and so-called “bad actors.”

“Jail Him!” NPR’s “Mobile Home Park Owners Can Spoil An Affordable American Dream” Refuted

Alleged Bad Actor Faces Lawsuit, Foreclosure

Community owner arrested for using front loader to evict residents

Bad stuff allegedly happens in manufactured housing retail too.

Manufactured home retailer arrested, charged

Former Manufactured Home Sales Employee Arrested

“Texas Park Girl” Set for Trial

Stories like these serve many purposes, including a kind of real-life morality tale.  Some believe they won’t get caught if they do bad things to other people.  In fact, they often do get caught.

The bottom-line for the industry professional is this.

ContentCurationDailyBusinessNewsMHProNews

MHProNews curates and comments with a simple goal of making manufactured housing professionals better informed and thus better able to do their jobs.

We do so with a long-term view of the industry’s potential.

Find-Curate-ShareDailyBusinessNewsMHProNews

There are broadly speaking two kinds of MHProNews readers. Those who share links to content they find on MHProNews, and those who keep what they find to themselves. Which kind of reader are you?  The impact is greater, when you share what you find worthwhile with others.

We don’t whine about a problem. We strive to pro-actively dive in with information and/or solutions that can lead to bottom-line difference.

Perhaps these are reasons why an executive wrote last year to say,

Tony, If MHProNews is writing about it, I want to know about it.”

Leaders are readers.

This post is both a flashback, but also forward looking.

Because in the days ahead, we will produce ever more curated content from third parties, which will come with the analysis and commentary that our long-time, faithful and growing numbers of readers have come to trust and expect. ## (News background, analysis, and commentary.)

Note 1: Thousands of MH Pros, Investors, Officials and Housing Experts do it. You, your team, and industry colleagues can sign up to the MH Industry leading headline news/updates – typically sent twice weekly – click here to sign up in just seconds.

Connect:

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Troubling New Study Reveals a Millennial Trend, Business, Economic, Political Impact 

November 15th, 2017 Comments off

SocialismScreensWomanLookingDailyBusinessNesMHProNewsTruth can be taught and caught.

But so too can error, delusions, deceptions, and lies.

People will believe a big lie sooner than a little one, and if you repeat it frequently enough, people will sooner or later believe it,” said Walter C. Langer, a psychoanalyst.  That observation of Langer’s is very much in keeping with tenants of the propagandists who caused the rise of National Socialists – the Nazis – as well as of communist leaders, like Lenin, Stalin, Mao, Castro, and others.

MHProNews periodically hears and receives unsolicited comments about millennials and their attitudes on issues that impact their work, views and voting.

It’s an issue in the minds of many in management, employers and owners.

Also important, how do people who don’t grasp “the American way” discover the American Dream, including home ownership?  How do those who misunderstand concepts such as free enterprise, and private property respond to policies that may oppose that system and those rights?

HalfMillennialsCorrectlyDefineCapitalismYouGovVictimsOfCommunismManufacturedHomeProfessionalNewsDailyBusinessNewsMHProNews

A new survey performed by YouGov reveals that some 44 percent of Millennials accept socialism, slightly more than those who favor capitalism.

While MHProNews believes that the better term to use is free enterprise as opposed to capitalism – because the term “capitalist” was coined by socialist Karl Marx, and thus plays into their narrative – nevertheless the trend ought to be a concern.

Nor are they alone in holding that or other troubling views.  The study was commissioned by the Victims of Communism, a non-profit group.  It’s called their “Annual Report of U.S. Attitudes Toward Socialism.”

AmericansDividedOnEconomicSystemYouGovVictimsOfCommunismManufacturedHomeProfessionalNewsDailyBusinessNewsMHProNews720

In a release to MHProNews, here are some of that group’s top-line discoveries.

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Screen capture from the full survey, a handy download that could be shared at at team meeting, or for individual reading.

Communism was and is still a problem—up 5% from 2016.

Americans still have a lot to learn about communism 5 7 in 10 Americans either don’t know the definition of communism or misidentify it.

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The solution to the divide is more opportunity, not less. See video, below.

7 out of 10 underestimate number killed by communism.  It should be noted that a university researcher in Hawaii has published on a related topic, and he found that those that died under godless Nazi or communist systems far outweighed all those that died in so-called religious wars.

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Is something happening in Venezuela? 6 in 10 are unfamiliar with Nicolás Maduro.

Communist leaders are cited as heroes to their countries by 10-20% of Americans.

The entire survey can be downloaded at this link here.

Why Should Business or Investment Professionals be Concerned?

Among the elements of concern that should be of concern to business professionals and politicos are points like these.

Millennials, per the YouGov research, while increasingly understanding of ills of communism, have a disconnect between communism and socialism.  More are willing to opt for socialist nation than a free enterprise based economy.  For those who believe that government is the solution for anything, the very issues – such as affordable housing, that free enterprise is proven for centuries is the best solution – will only increase.

Will Various PreFab, Factory Built Homes Become Los Angeles’ Affordable Housing Solution?

Thus, is it any surprise that so many millennials were willing to support Bernie Sanders in the 2016 Democratic race for their presidential nominee?

America, Manufactured Housing & Debate Over Minimum Wage$

While the Donna Brazile book bruhaha has underscored the “rigged’ nature of that contest, perhaps equally troubling for business professionals and investors is this.  With millions of millennials embracing socialistic concepts, and given their growing influence at the ballot, could the day come that they vote ever more socialists into office?

“Hacks” – Explosive 2016 Campaign Claims by Former DNC Chair, Donna Brazile

Considering what took place in Venezuela, which a decade ago was a relatively prosperous nation, could that happen in America?

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MHProNews intended to continue to develop the industry’s first and still best professional resource that identifies opportunities, doesn’t ignore problem areas, while promoting common-sense solutions. Still from the video below.

The Republic of California…and a Direct MH Connection

An industry professional with deep ties to the community sector of manufactured homes said this to MHProNews in a recently emailed statement. “California does not believe in property rights, plain and simple. We want your single family home rezoned multifamily, so you can’t rebuild your dream home. What’s yours is mine what’s mine is mine.”

Indeed, others in various parts of the country have told MHProNews something similar about their difficulties with local officials, and not always from so-called blue states.

Solutions?

If the roots of the problem are misinformation, isn’t the only solution good information?

The parent company to MHProNews did a test, by hiring a millennial who was a Bernie Sanders supporter. While that person ultimately didn’t work out as a team member, by providing that person who specific reading and viewing assignments, several mistaken economic and political notions where significantly modified.

That person’s work product also improved as a result.

Just as many employers are finding it necessary to do remedial education and training, perhaps the same needs to be done for those workers who may hold to such demonstrably mistaken views.

MHProNews began a periodic series of reports some time ago that focused on general economic, political and other issues – for example, the minimum wage – and how that actually works in practice.


Only understanding and clear thinking can counteract propaganda and deception. Truth can and should prevail, but it will do so only if it is passed on, person to person. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

Related: For marketing, training and other MH Professional Services, click here.  Our thanks to those who directly or through social media have sent notes of appreciation for our coverage.

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

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

Governor Announces Hurricane Recovery Loan$, Business, Homeowners, MH

November 3rd, 2017 Comments off

HouseLoansManufacturedHousingIndustryPixabayDailyBusinessNewsManufacturedHousingIndustryResearchFinanceReportsDataIn a program that manufactured homes qualify for, “The town of Fair Bluff will receive $1.85 million to help rebuild homes damaged by Hurricane Matthew and improve the town’s water supply, Governor Roy Cooper announced Thursday in a release to the Daily Business News.

This followed a previous announcement from the governor’s office that “funds will be matched by private lenders to provide at least $15 million in loans available to small businesses in Matthew-affected areas, especially in Robeson, Cumberland, Edgecombe and Wayne counties.”

Similar programs are available in other states impacted by this year’s hurricane season.

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Post-Hurricane Matthews, NC, photo credit, Pulse Headlines.

North Carolina Emergency Management will help repair, rebuild and elevate single-family homes, as well as rehabilitate manufactured housing,” per their statement to MHProNews.

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For more details, click here to see the current and previous release from Governor Cooper’s office.

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Industry professionals, including manufactured home community operators in impacted areas, should consider contacting their state association for potential additional insights and guidance.   © ## (News, Analysis.)

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

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