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

May 20th, 2019 No comments

CNNmone5.20.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are stock watchers that think that the current runoff has hit bottom today.  Time will tell.  But there is a lot of red on the major markets and on manufactured home connected stocks this evening.  Not huge drops, but a slide, nevertheless.  That said, our feature tonight is the antithesis, in some ways, of the stock market.  It’s a townhall style discussion and debate of socialism vs. capitalism. As a recent survey suggests that as many as 47 percent of Americans would vote for a ‘qualified’ socialist candidate, let’s dive in, further below.

 

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

 

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

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

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

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

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

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Grocery wars continue
  • Watch out, Aldi. Lidl will open 25 new US supermarkets over the next year
  • Sprint and T-Mobile merger may be back on track after FCC hints it will bless the deal
  • Sprint soars after FCC chairman backs T-Mobile deal
  • LIVE UPDATES US markets close lower; Nasdaq falls 1.5%
  • Huawei’s bid to become the world’s top smartphone brand is in danger
  • Deutsche Bank employees reported suspicious activity from Trump and Kushner, New York Times reports
  • The yuan has fallen near crisis-era levels. What China does about it will shape the trade war
  • PERSPECTIVES The US-China trade war hurts American families
  • The president gripes about Fox’s news anchors, showing his disregard for journalism
  • Innovative companies are trouncing the rest of the market
  • Toyota says Trump auto proclamation signals the carmaker isn’t welcome in the US
  • 40 years ago, he built a recording studio in a VW bus. Today, he runs a $725 million music empire
  • Apple’s Tim Cook says his generation failed on climate change
  • A Ford logo is seen at the Philadelphia Auto Show, Friday, Feb. 1, 2019, in Philadelphia.
  • Ford will cut 7,000 workers worldwide
  • ‘Game of Thrones’ finale sets new viewership record
  • Product photography of the Google Glass wearable.
  • Google Glass lives on in the workplace. The latest pair costs $999
  • Little Caesars tests an Impossible pizza
  • Tim Hortons adds Beyond Meat sausages to its menu
  • McDonald’s joins the meatless burger trend in one of its biggest markets
  • Burger King is bringing the Impossible Whopper to three new cities
  • The meatless burger revolution is just getting started
  • 20190516-ceo-seat-position
  • Where the CEO sits matters
  • How to handle a slacker at work
  • A company where everyone works from home. Here’s how to make it work
  • Your boss’ bad mood really does affect the rest of the office
  • What male CEOs are wearing

Select Bullets from Fox Business

  • China tariffs: Nike, Adidas among 170 footwear retailers urging Trump to end ‘catastrophic’ plan
  • WATCH: Brennan may have set his own perjury trap: Judge Napolitano
  • FCC head endorses T-Mobile, Sprint merger
  • What ‘Game of Thrones’ finale means for HBO’s future
  • Californians ‘very stretched economically,’ significant numbers fleeing: survey
  • Chick-fil-A brings back popular menu item after ‘pent-up demand’
  • Iconic American powerhouse pardoned from steel tariffs
  • Georgia’s ‘heartbeat’ bill could hurt economy as stars vow to boycott state if legislation goes into effect
  • Tesla stock drops amid concerns over Model 3 demand, Musk’s cost-cutting efforts
  • Amazon a winner as Supreme Court sides with Post Office on package delivery prices
  • Ford layoffs hit 7,000 jobs worldwide, hundreds in US
  • Highest — and lowest — property taxes in the US: Find out where your state stands
  • Trump slams report claiming Deutsche Bank employees spotted suspicious activity: ‘I didn’t need money’
  • Oil spikes as OPEC signals ongoing cuts amid rising Iran-US tensions
  • These are the major US cities retirees are fleeing
  • Whole Foods to drop plastic straws from all US, UK, Canada stores by July 2019
  • CBD industry meets sports: Indy 500 to feature landmark sponsorship deal
  • Social Security COLA for 2020: What to know now
  • High school sprinter accepts New Orleans Saints star’s $10K race challenge
  • Billionaires’, stars’ and icons’ big secret to channeling success
  • Patriotic entrepreneur uses old US military uniforms to design accessories
  • Trish Regan: AG Barr must find out why intel chiefs shared unverified dossier
  • Hey, Democrats, look what just happened in Australia: Varney
  • China won’t take Trump’s Huawei ban lying down

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

9MarketIndicatorsYahooFinance5.20.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

CapitalismVsSocialismTownHallDiscussionManfuacturedHousingEquitiesStockMarketUpdates

As a disclosure we are believers in ethical free enterprise, but there are millions today who are buying into socialism.  There is no easy way to engage a group when there is no back-and-forth discussion.

So, this video gives 2 advocates for socialism and two for capitalism, moderated by Charles Payne of Fox Business, who tilts towards business.

There are clever arguments on either side.

 

 

One has to ignore the experiences of Cuba, Venezuela, North Korea, or the 70 years of failure in the former Soviet Union to buy into socialism.  The author taking the socialist view makes the case that China is an example of a socialist economy.  Really?  Wasn’t that western capital that raced into China decades ago that boosted their economy?

There are several Democratic candidates who have embraced a more leftist view, with Joe Biden among those who are trying to appease the left, while remaining more centrist sounding.  The point is that this will be a debate in the next 18 months, in the run-up to 2020.  Buckle up.

At least during the first part of this town hall, the kind of sobering facts linked below were not cited.  If you have a socialist in the office, why not encourage them to read up?  Be willing to answer their questions.

The closing point, before linking some prior reports on this topic is this.  A common concern among those who ‘buy into’ socialism is the uber-rich, think Warren Buffett.  Check out the conquest capitalism topic, linked below and the one that follows it if you haven’t already.   Its important to make the distinction between capitalism and free enterprise.

Related Reports:

Socialism vs. Free Enterprise, 2020, and Increasing Interest in U.S. Socialist Candidates, Policies

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

Howard Schultz, Potential Independent Presidential Candidate, Former Starbucks CEO, Blasts AOC, Senators Warren & Harris Plans, Plus MH Market Updates

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

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

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

Influencing the Socialists in Your Office, the Best Way Out of Poverty

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

 

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.20.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

Facebook CEO Sheryl Sandberg Discusses Antitrust Breaking Up, What Kevin Clayton, Joe Stegmayer, MHI Can Learn, plus Manufactured Home Market Updates

May 17th, 2019 No comments

CNNmone5.17.2019ManufacturedHomeStocksMarketsReportsMHProNewsBrookfield, Blackstone, ELS, and Sun Communities are all near the peak value of their stocks for the last year.  It’s an interesting backdrop to a day when the major markets and many other manufactured home industry connected stocks have fallen. That noted, our focus tonight is Facebook CEO Sheryl Sandberg’s one on one interview, where she tried to make the case why their company should not be broken up. That will be our focus this evening, viewed through the lens of what she could teach manufactured housing’s ‘powers that be.’

 

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

 

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

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

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

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

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

 

Select bullets from CNN Money…

  • Luckin jolts Wall Street
  • Starbucks’ big rival in China soared nearly 50% in its market debut
  • Luckin Coffee CFO says technology will help it quickly become profitable
  • LIVE UPDATES US markets close lower, snapping three-day winning streak
  • Quickly catch up on today’s business news
  • Haven, the Amazon-Berkshire-JPMorgan health care company, has already lost its No. 2 executive
  • Losing Huawei as a customer could cost US tech companies $11 billion
  • Minecraft AR game could be the next Pokémon GO phenomenon
  • John Deere’s stock dented by trade war fears
  • Why selling in May and going away is a silly thing to do
  • The WhatsApp attack didn’t target you. But here’s why you should still care
  • Goldman Sachs makes biggest acquisition in nearly 20 years
  • Pinterest stock falls 15% after revealing bigger loss than expected
  • Baidu posts its first loss in 15 years
  • The ‘Jurassic Park’ computer company just got sold for $1.3 billion
  • Samsung’s first 5G phone is out for Verizon customers
  • Grumpy Cat found quick success. Other celebrity pets might have it harder
  • In recent years, Aldi has expanded its produce and organic offerings to draw in more customers.
  • SPECIAL REPORT A cheap, brutally efficient chain is reshaping the American grocery industry
  • EXCLUSIVE Bernie Sanders: Banks have been ripping off Americans for too long. I have a plan to end it
  • Electric and self-driving cars are still a good investment
  • This startup is planning a flying taxi service
  • This 26-ton truck is driving itself on Sweden’s public roads
  • See Boeing’s autonomous flying car take flight
  • Self-driving cars are now on the streets of Hamburg
  • Fiverr, another gig-economy startup, files to go public
  • WeWork parent company continues spending spree
  • Here is what Uber needs to do to win over Wall Street
  • Analyst: Uber is at beginning of its growth in US
  • The TJMaxx of supermarkets is going public

Select Bullets from Fox Business

  • Stocks fall in choppy session, despite trade progress
  • US, Canada, Mexico lift steel, aluminum tariffs pressuring China
  • What is Pete Buttigieg’s net worth?
  • Ocasio-Cortez makes Bible joke to peddle interest rate cap bill
  • Chicago becomes first major city to collect ‘Netflix tax’
  • Social Security COLA for 2020: What to know now
  • In-N-Out Burger managers’ salaries ‘eons above’ competitors: How popular fast food chains compare
  • These are the major US cities retirees are fleeing
  • Meet Gary and Mary West: Kentucky Derby lawsuit looms over Preakness Stakes
  • How much was Grumpy Cat worth?
  • Queen Elizabeth is hiring a social media manager — here’s how much it pays
  • ‘Game of Thrones’ finale: 10.7M Americans to skip work Monday
  • San Diego offering courses with no upfront costs, as a student loan alternative
  • Ex-MillerCoors vice president sentenced to prison over fraud charges
  • Top 10 best and worst US states for economy
  • Bayer to reportedly appeal $2B Roundup ruling with preemption argument
  • Memorial Day weekend expected to have nearly 43M American travelers
  • Barr will expose Brennan, Comey blame game, former federal prosecutor says

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

9MarketIndicatorsYahooFinance5.17.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

FacebookCEOSherylSandbergDiscussesAntitrutBreakingupWhatKevinClaytonJoeStegmayerMHICanLearnPlusMHMarketUpdates

Before we turn to Sandberg’s interview, let’s draw a parallel between what she has done, and what Kevin Clayton, Joe Stegmayer or Clayton Homes have – or more to the point, have not – done.

For some years, MHProNews – politely at first, and mostly behind the scenes for some time – raised concerns about how the Manufactured Housing Institute (MHI) was being operated.  That Arlington, VA based trade group claims to be representing the interests of all segments of manufactured housing.  But they ducked third-party accountability. They gave arguably false or misleading information to their own members.

For a time, there was give and take, back and forth, question and answers.  But as the answers were proven to be false, misleading, or deceptive too, MHI’s staff ‘leaders’ finally stopped answering MHProNews, after years of answering promptly. That in hindsight should be a red flag.

Instead of dealing with concerns about false or misleading information being given to members by MHI, then MHI Chairman Tim Williams defended MHI President and CEO Richard ‘Dick’ Jennison via a staged ‘vote of confidence.’ Where was the investigation?  Where was the accountability?  That made the concerns more urgent, not less so.  It also had the impact of pointing to Berkshire Hathaway involvement, because Williams was and is President and CEO of Berkshire Hathaway owned 21st Mortgage Corp.

For some three years, MHProNews invited MHI and/or the Berkshire brands to publicly discuss the issues that began with Preserving Access but spread to other topics.

  • Dick Jennison cancelled his own address to the industry in Louisville in 2018, shortly before the meeting, in an apparent move to avoid 12 questions from the audience provided by MHProNews.
  • At Deadwood, MHProNews publisher L. A. ‘Tony’ Kovach asked MHI Vice President and General Counsel Rick Robinson a question, which he declined answering in public, in front of dozens of industry professionals who witnessed it.

RickRobinsonManufacturedHousingInstituteMHIDailyBuisnessNewsMHProNews

While Tim Williams and Kevin Clayton used to reply promptly to MHProNews inquires – as did Joe Stegmayer, Nathan Smith, or other MHI corporate leaders – as if on cue, about 2 years ago, they all stopped doing so.  Silence is a constitutionally protected right.  We respect their right to remain silent.

But their silence – in the face of serious concerns, evidence, and allegations – raises more questions, not less.

Their silence must be seen in the following light. They have not one, not two, but three different attorneys directly or indirectly connected to MHI send threatening ‘cease and desist’ style letters/messages to MHProNews.  Which begs the question, what are they hiding from?

Manufactured housing industry investors who grasp what is arguably occurring ought to be outraged. The industry is underperforming during an affordable housing crisis.  It is interesting to note that two HUD Code manufactured home producers that are publicly traded are witnessing their stocks trading lower than they were some 6 months ago.  The ones that are trading marginally up or higher yet are those who are bucking the trends that the so-called MHI leader firms set.  Interesting?

Cavco Industries Announces Latest Executive Level Changes

Yes, but picture those investors in the firms that have declined in value.

Skyline Champion (SKY) Hedge Fund Dumps Shares, Value Declines

 

While community stocks connected to MHI member firms are not yet impacted, that doesn’t mean that they won’t be.

On the plus side, MH Communities enjoy a far more recession or market resistant business model. But when communities are ordering homes mostly for rental than sale, that should furrow brows.  While rental manufactured homes can be quite profitable, it fails to address the underlying question.  Why aren’t more manufactured homes being sold?

When rental orders going into manufactured home communities are factored out, MHIndustry HUD Code producers – in MHI, MHARR or independent of either of those national trade groups – have told MHProNews that the overall sales of HUD Code manufactured homes remains near flat.

Some states have declined, others have grown, but the national average is a lower growth rate than the data suggests.  Thus, the reports linked below.

 

Manufactured Home Community Case Study, UMH Properties, Lessons for Independent Community Owners, Investors

What the Manufactured Housing Institute (MHI) Said About March 2019 Shipment and Production Data

Declining Manufactured Home Shipments More Serious Than Retailers, Communities Being Told

 

To sum up the tee up of the Sandberg interview, Manufactured Housing industry ‘leaders’ like Kevin Clayton, Tim Williams, Joe Stegmayer, Richard ‘Dick’ Jennison, or Lesli Gooch would be wise to sit down for a video discussion with MHProNews’ L. A. ‘Tony’ Kovach. If the powers that be in MHVille are right, they have nothing to hide.  If they are wrong, then that may explain why they continue to duck, run, hide, and play arguably diversionary games.

 

Now, let’s pivot to Sandberg.

The interview shows Sandberg’s responses. If there were hard-hitting follow up questions, they are not shown in this interview.

But at least Sandberg made her case publicly. Per CNBC:

  • Sandberg said breaking up Facebook does not address the underlying issues people have with tech companies.
  • “You could break us up, you could break other tech companies up, but you actually don’t address the underlying issues people are concerned about,” Sandberg said.
  • While there is talk of breaking up Facebook, Sandberg highlighted that China’s own tech companies will not be broken up.


While people are concerned with the size and power of tech companies, there’s also a concern in the United States with the size and power of Chinese companies, and the realization that those companies are not going to be broken up,” Sandberg said.

Sandberg argued that most people are concerned about election security, content, privacy and data portability. Sandberg noted that every one of Facebook’s engineering and product teams now have their own safety and security functions focused on people’s privacy.

We know at Facebook we have a real possibility to do better and earn back people’s trust,” she said.

That could be described as a debater’s dodge, because there are also concerns from conservative and others that Facebook and the tech giants are censoring content, and are politically biased.

See related reports, linked below.

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

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.17.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

 

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates

Inside Scoop on the Manufactured Housing Industry in Memes

May 17th, 2019 No comments

 

InsideScoopManufacturedHousingInMemes$100MillionCashPalletManufacturedHomeIndustryMHProNews

Some readers have asked the Daily Business News for MHProNews for an executive summary of why manufactured housing is underperforming compared to its historic norms.

 

It has been a while since we’ve done cartoons or memes.  While these are meant to be a bit on the lighter side, the issues they reflect are serious ones.

 

WarrenBuffettKevinClaytonPhotoClaytonHomesModelHomePhotoBerkshireHathawayAnnualEventPhotoMemeCartoonManufacturedHomeIndustryMHProNews

 

While some of the conversations are obviously fictional, as is common with memes or satire, the impacts and nature of the matters described are arguably correct.  Those in Omaha-Knoxville-Arlington or their allies are welcome to formally reply.

In spotlighting the next meme, it should not be construed as partisan. Democrats and Republicans in Minnesota have studied manufactured housing, and agreed in a bipartisan way that that the industry offers an important part of the solution for the affordable housing crisis.  That said, its a real photo, and there is no disputing that Warren Buffett backed candidate and then President Barack Obama, and that he had access – and a Buffett grandson – working in the Obama White House.

 

WarrenBuffettPresidentBarackObamaPhotoMemeManufacturedHousingIndustryMHProNews

 

To underscore the reasonableness of these themes of these memes, click on the first of several reports linked below the byline and notices.

 

WarrenBuffettPhotoPresidentBarackObamaPhotoMemeCartoonManufacturedHousingIndustryMHProNews

 

We value reader input, as well as news tips. Many of our reports are based on tips from people working in the Manufactured Housing Institute (MHI) orbit.

 

PhotoKevinClaytonWarrenBuffettKeithHoldbrooksClaytonHomesBerkshireHathawayClaytonFactoryMemeManufacturedHousingIndustryCartoonProNews

 

Readers are reminded that our publisher was elected by his peers to be on an MHI board.  He has a better than average sense of that trade group than the vast majority of industry professionals who have never been to any or only a few MHI events or meetings, because he was there for years of meetings and first-hand observations.

If this is your first article to read on MHProNews, know that we do mostly serious research, analysis, and fact-checks which have made and kept us the runaway #1 in manufactured housing since our first year. We are now in our 10th year of serving the industry.  But it helps to break up the serious with some periodic satire.

Our evening market report will be posted soon.

That’s our afternoon episode of manufactured housing “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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.

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

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

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

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

Related Reports:

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

Ultimate, Proven Contrarian Investing – Ethical vs. Unethical, Legal vs Illegal Manufactured Housing Industry Strategies

“Toxic Trailers” – Clayton Homes, Warren Buffett, Kevin Clayton, Clintons – Exposé Videos

Acclaimed Poverty Inc. Video, MHVille – Why Left & Right Should Listen, Learn From Each Other

 

 

Seattle Times -Federal Investigations-Berkshire Hathaway’s Clayton Homes, GuruFocus Spotlights Buffett’s Clayton’s “Unethical,” Monopolistic Moat

 

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

Clayton Homes and 21st Mortgage’s Manufactured Housing “Spies”

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

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

 

 

 

 

 

 

 

Earning a Six Figure American Dream, on 10 Hours Weekly – plus Manufactured Housing Stock Updates

May 16th, 2019 No comments

CNNmone5.16.2019ManufacturedHomeStocksMarketsReportsMHProNewsLet’s file tonight’s feature under ‘just for fun’ with a purpose.  Tonight’s short video provides tiny sense of why the American Dream is still attainable. On a good day for the markets, keep in mind that this isn’t something you could do in a truly socialist country.

 

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

 

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

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

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

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

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

 

Select bullets from CNN Money…

  • The trade war just got worse
  • Blacklisting Huawei takes the US-China dispute to a dangerous new level
  • Huawei: ‘All options are on the table’
  • Walmart says it will raise prices because of tariffs
  • Goldman Sachs makes biggest acquisition in nearly 20 years
  • LIVE UPDATES Dow up 300 points at midday
  • This startup is planning a flying taxi service that costs about the same as normal taxis
  • Discount chain Fred’s is closing 104 more stores
  • Facebook says Israeli company used fake accounts to target African elections
  • SpaceX will launch its first 60 satellites to deliver internet from space
  • Taco Bell is taking over a hotel. Here’s why
  • Tesla is hurting but electric and self-driving cars are still a good investment
  • Boeing has a ‘crisis of confidence.’ It’s time for the board to step up
  • Warren Buffett just revealed he has a $900 million stake in Amazon
  • The internet didn’t shrink 6% real estate commissions. This lawsuit might
  • Half of us find our new home online. Why pay Realtors?
  • Silicon Valley’s real estate market is finally cooling off. Sort of
  • The right way to invest in real estate
  • The secret market of private real estate listings
  • Virtual kidnappings are rattling families across the US
  • San Francisco just banned facial-recognition technology
  • The fight to stay ahead of deepfake videos before the 2020 US election
  • The future of robocalls: Numbers and voices you know
  • Why we’re still years away from a robocall-free future

Select Bullets from Fox Business

  • Stocks pop on Cisco, Walmart earnings as trade fears fade
  • California high-speed rail loses $929M in federal funds over ‘critical failures’
  • Most expensive US infrastructure projects
  • Top 20 fastest-growing retailers in the world
  • Details sparse on new Trump order on telecom firms but ramifications huge
  • China sells most US Treasurys since October ’16
  • The ramifications of Trump’s latest executive order are huge: What to know
  • $100G annual salary goes furthest in this US city, study claims
  • These college internships pay nearly double what average US employees make
  • Texas Senate passes revived ‘Save Chick-fil-A’ bill as deadline looms
  • ‘Big Bang Theory’ made Kaley Cuoco one of the world’s highest-paid actresses: How much she’s worth
  • Walmart says China tariffs will increase prices for US shoppers
  • After AllianceBernstein, Amazon deals, is Nashville the country’s new economic hotspot?
  • IRS could be wasting even more taxpayer dollars than it reports
  • Intuit defends practices amid claims it hid free-filing options from low-income taxpayers
  • FDA ordered to move forward on e-cigarette reviews: report
  • Ariana Grande, other celebrities who were sued for posting paparazzi photos of themselves
  • Sanders can beat Trump in 2020, Cornel West says
  • Trump’s immigration plan: Which industries need high-skilled workers?
  • Town Hall Highlights: Capitalism vs. Socialism
  • Patriotic millionaire: Don’t just tax the rich, tax more of them
  • How progressive capitalism can be the recipe for economic growth and innovation
  • The catastrophic costs of socialist policies

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

9MarketIndicatorsYahooFinance5.16.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

EarningSixFigureAmericanDreamon10HoursWeeklyPlusManufacturedHousingStockUpdatesMHProNews

Still from video posted further below.

The Daily Business News on MHProNews looks at a variety of topics, some of which may not seem at first blush to have much to do with manufactured housing, or factory-built homes.

This is about a family that turned their son’s health issue into a business opportunity.  Working ten hours a week, they earn 6 figures, and spend time together as a family.  They’ve done a lot of traveling.

How does this apply to manufactured homes?  Let’s just paint a simple picture, not for a ten hour a week business perhaps, but for one that would perform far better than what most manufactured home operations are currently achieving.

It starts with a simple premise.  Housing is a necessity. Not many aspire to be one of the over half-a-million of the nation’s tragically homeless.

Too many in our industry have accepted a scarcity mentality. They settle for what they have.  They may ‘wish’ for more but aren’t looking at how that more can be achieved.

Once someone understands the industry’s true dynamics, vs. the picture painted by the Omaha-Knoxville-Arlington axis and their allies, it becomes obvious that with some relatively modest tweaks, a good operation can become a great one that serves many times more customers monthly than they currently do.

The parents in this family in the video was creative.  They literally turned a problem into an opportunity.  That’s the essence of every successful business.  Find a need, fill it. To do so, you don’t have to be the biggest, the cheapest, or whatever.  You just have to find the way to deliver that product or service in a manner that pleases the end user so much, that they want to send their friends.

Every problem the industry faces is an opportunity in disguise, for the reality-based thinker, who is willing to break the mold, marshal the resources and talents need to do things differently than the pack.

Related Reports:

Multibillion Dollar Opportunities Knock in Solving Affordable Housing Crisis

“Out-Performing the Market” Robert Robotti, Value Investing, and Manufactured Housing

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.16.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

Amazon-Berkshire Announcement – Emerging Factory-Building Elephant in the Room?

May 15th, 2019 No comments

 

WarrenBuffettAmazonBerkshireAnnouncementEmergingFactoryBuildingElephantRoomManufacturedHomeMHProNews

There was no mention this evening of factory-home building when CNBC or some other mainstream business media reported that Berkshire Hathaway has taken a position valued at some $904 million dollars as of the close of the market on 5.15.2019.  But then most others aren’t as keen on factory-built housing, or as in tune with what an announcement like this might suggest for our industry.

 

First, let’s start with some pull quotes from left-of-center CNBC, plus their video.

  • Berkshire’s stake in Amazon was 483,300 shares at the end of the quarter ended March 31, according to a filing at the Securities and Exchange Commission.
  • The value of that stake is $904 million by the closing bell Wednesday.
  • Buffett first disclosed the new investment in Amazon to CNBC on May 2, though the size of the position was not previously reported to the public.

 

 

Buffett told CNBC on May 2, One of the fellows in the office that manage money … bought some Amazon, so it will show up in the 13F.”  Chairman Buffett was likely referring to lieutenants, Todd Combs or Ted Weschler, who each manage portfolios of more than $13 billion in equities for Berkshire.

Yeah, I’ve been a fan, and I’ve been an idiot for not buying” Amazon shares, Buffett said at the time. “But I want you to know it’s no personality changes taking place.”

Berkshire Hathaway’s report revealed an 18% increase in its J.P. Morgan Chase stake to 59.5 million shares, underscoring the Oracle of Omaha’s love of big financial institutions.

If one goes back to the announcement made the morning of President Donald J. Trump’s 2018 State of the Union (SOTU), Buffett, Amazon’s/Washington Post’s Jeff Bezos, and Chase’s Jaime Dimon’s healthcare initiative sent those stocks south.  There was speculation that the timing was in part a move to embarrass POTUS Trump, who had been bragging about the rising stock markets.

Buffett has long been a Trump critic, even before Mr. Trump’s 2015 announcement of what became a successful White House campaign.

Be that as it may, Amazon’s Alexa Fund invested in 2018 in Plant Prefab, a factory housing builder. With Berkshire’s Clayton Homes dominating HUD Code manufactured homes, and announcing even more prefabricated construction plans on their conventional housing side, there are reasons to be watchful how these developments play out over time.

 

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

 

We’ll track these developments and report as warranted.

 

2018DataShareofHousingMarketManufacturedHousingInfographicDailyBusinessNewsMHProNews612

 

That’s this evening’s look at “News through the lens of manufactured homes, and factory built housing,” © 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.

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

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

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

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

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

Related Reports:

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

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

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

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

Multibillion Dollar Opportunities Knock in Solving Affordable Housing Crisis

Warren Buffett’s Moat, Understanding Manufactured Housing Requires Grasping Strategic Economic Moats

HUD Code Manufactured Home Production Decline Continues, May Updates

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Iranian Oil Sanctions Depressed Production, Raised Tensions, Prices – plus Manufactured Housing Stock Updates

May 15th, 2019 No comments

CNNmone5.15.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt’s another day of broadly improving stock prices, clawing back some of the drop earlier in the week tat were driven in part over the U.S. China trade impasse.  So we look tonight at a geo-political hotspot.  With the U.S. sending a carrier back toward the Persian Gulf, B52s repositioned, in the Middle East, and Patriot missiles among the well-publicized moves, let’s see what Kevin Brook had to say about the rising tensions and their impact on oil.

 

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

 

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

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

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

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

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

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Big Tech’s call to action
  • Facebook, Twitter and others have signed a wide-ranging pledge to combat online extremism
  • A bombshell lawsuit could shrink 6% real estate commissions
  • LIVE UPDATES Stocks close higher for the second day in a row
  • ‘We could talk ourselves into a recession,’ one fed official says
  • Wells Fargo will need the United States’ blessing for its next CEO pick
  • Tim Hortons is adding Beyond Meat sausages to its menu
  • WeWork parent company continues spending spree with big real estate investment
  • Virtual kidnappings are rattling families across the US
  • Vanity Fair editor pushes back on Beto: ‘I mean, he did say it’
  • A truck without a cab and driver takes to the road in Sweden
  • By 2040, more than half of new cars will be electric
  • The new McLaren GT is a supercar designed for comfort and speed
  • Hershey’s is changing the look of its candy bar for the first time in history
  • SpaceX will launch its first 60 satellites to deliver internet from space
  • Abigail Disney tells Congress companies must change the way they ‘practice capitalism’
  • ANALYSIS Why the US-China trade war won’t last
  • Is it safe to own Chinese stocks during the trade war?
  • China is under pressure to boost its economy as the trade war escalates
  • China trade war: Don’t bank on a rate cut unless things get really bad. Like bear market bad
  • US exporters scramble to figure out new tariffs
  • The trade war is coming at a terrible time for Boeing
  • The 737 Max does not appear close to flying again
  • Boeing reported zero new orders for jets in April
  • Tour company will be out millions without clarity on 737 Max

Select Bullets from Fox Business

  • Warren bashes OCC’s Otting over Wells Fargo CEO search oversight
  • AOC rips corporate stock buybacks, compares to a pyramid scheme
  • Stanley Black & Decker investing $90M to shift more Craftsman production back to US
  • Beyond Meat shares pop as another restaurant chain jumps on plant-based meat bandwagon
  • New York, California get ‘aggressive’ when residents try to flee high taxes
  • China’s economy lost momentum, even before Trump’s new tariffs
  • Steak ‘n Shake CEO says this 1 change to chain’s signature milkshakes could save $1M a year: report
  • Chuck Grassley slams Pentagon waste: A look at the outrageous purchases[overlay type]
  • Chuck Grassley slams Pentagon waste: A look at the outrageous purchases
  • Zion Williamson’s salary: How much the NBA rookie could earn
  • Melinda Gates reveals what she and husband Bill Gates do together to unwind
  • George Clooney says Arnold Schwarzenegger was paid ’20 times more’ for 1997’s ‘Batman & Robin’
  • New Orleans Pelicans season ticket sales surge after NBA Draft Lottery
  • Britney Spears considers canceling Las Vegas residency: How much money she could lose
  • Washington clinches top ranking in ‘best states’ 2019 list: report
  • California made $71M worth of unallowable Medicaid payments to dead people
  • Disney heiress slams bloated corporate pay: ‘It is simply unacceptable’
  • Adam Schiff lied and he needs to be held accountable: Judicial Watch’s Tom Fitton
  • How to stop pesky robocalls and texts to your cell phone

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

9MarketIndicatorsYahooFinance5.15.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

IranianOilSanctionsDepressedProductionRaisedTensionsPricesPlusManufacturedHousingStockUpdates

Oil impacts manufactured housing transport and other prices in the supply chain.  But more important than the cost of oil are threats to the energy markets that concerns of Iranian-backed sabotage, terror, and other belligerent or provocative moves represents.

As a Tehran-born immigrant, happy to be in the U.S., but concerned over what is happening in Iran – this issue is personal as well as professional.  More on that in the linked reports.

That said, here’s Fox Business’ interview with

ClearView Energy managing partner Kevin Book on the rising tensions between the United States and Iran.

 

 

Calls from Iran reflect a significant number of Iranians view CNN’s overseas broadcasts.  Where is the modern version of Voice of America for Iran?

Related Reports:

“You Made Me, Promises, Promises…” Historic Iranian, American Lessons in Freedom

Ramadan 2019, Faith, Fear, Drama – plus Manufactured Housing Market Updates

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

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.15.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

 

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

May 15th, 2019 No comments

 

AntiTrustHeatsUpWithNewSupremeCourtRulingMonopolizatioLegalExertsWeighInClaytonRelatedCommentsConnection

When you talk about monopolization claims, the main issue is exclusion, unfair exclusion,” John Roberti said.

 

Roberti is the head of the Washington antitrust practice at the law firm Allen & Overy.

So all these companies are going to be asking themselves: Is there anything we are doing that is excluding competitors?”

That question may cause some in the manufactured housing industry to wince.

To be clear, the discussion was about antitrust in tech, specifically with respect to Apple. The Supreme Court ruled earlier this week, giving potential litigants the green light to sue Apple for antitrust concerns connected to the alleged monopolistic practices on their App Store.  A video on that aspect of the issue is linked below.  That hold’s a separate relevance to the manufactured home industry – and the nation at large – in terms of the varied impact of tech giants on communications, marketing, media, and business related.

 

 

But Roberti’s point about ‘unfair exclusion’ from the marketplace could be relevant to manufactured housing, specifically, to Berkshire Hathaway owned brands covered in the report linked below.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, a document from 21st Mortgage signed by Tim Williams, Warren Buffett’s annual letter, 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.  They were being excluded from 21st lending, per Williams’ letter, based upon a retailers purchase of Clayton Homes inventory, or not. https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

 

New Kevin Clayton Video Interview

Especially in the light of a new video interview with Kevin Clayton yesterday by CNBC, there could be new fodder for legal and antitrust experts to unpack regarding Berkshire Hathaway’s intentions regarding Clayton Homes and the U.S. housing market.

Diana Olick at CNBC asked Kevin Clayton what might be one of the best mainstream media questions put to Clayton in some time.

First ticking through a list of some of Berkshire Hathaway’s varied investments connected to the housing market, Olick then asked Clayton – “Is this his [Warren Buffett’s] master plan to own every aspect of the U.S. Housing Market?”

Clayton’s response was interesting too.

You know Charlie [Munger] is a huge builder, designer, architect – he has always loved us from the beginning and so has Warren. We are so blessed to have the capital and the 100 plus year vision.” That’s hardly a denial.

The timeline of “100 years” Clayton shared may arguably be a deliberate understatement, given that Clayton has gone from 13 percent of the HUD Code manufactured housing production in 2003, to some 48 to 50 percent market-share by 2018, depending on what data-source one refers to for Clayton’s market-share data.

Back to the interview, Clayton said that: “Right now, our whole goal is to make, you know, attainable home ownership available to more people. Democratization of home ownership. They [Buffett and Munger] love that. The whole [Berkshire Hathaway] board toured our factory recently.”

So, they [Buffett, Munger, the Berkshire Board] are excited too about us trying to blur the lines and bring some of the factory-built efficiencies into the on-site built housing, and that we’ve learned on the off-site side.”

Clayton admitted to CNBC that he wanted to be in the top ten of site builders.

We do. We want to learn that aspect,” Clayton said. “With the nine [site] builders that we have now we are at a run rate in the next 12 months to be in the top ten. One of those [site builders] already has two penalization facilities. We are starting a new penalization facility. We’ll try to be one of the first companies to put more in the panel.  Really help cost efficiency.”

Clayton agreed that it would be a Lego-like paradigm ahead.

That’s right. The homes in the future they will be this blurring of the lines between pieces built off site and on site. So, a panel that already has insulation, windows, and all of that,” per Clayton. “So, we are working with a lot of robotics in doing that.”

The video underscores several ‘enduring competitive advantages’ that Clayton’s commentary de facto pointed to, viewed through the Buffett-Berkshire castle-moat mindsight.

But we are equally excited about the manufactured housing side,” Clayton pivoted. “Because Fannie Mae and Freddie Mac just announced their new programs where if it has these high end features, the roof pitch, porch, foundation, they’ll finance on par with traditional housing and appraise those.”

What he was referring to is what they’ve dubbed a ‘new class of homes,’ that are under the HUD Code, but stipulate certain features in order to qualify for Fannie Mae or Freddie Mac (Government Sponsored Enterprises, or GSEs) lending.

There was no mention of Clayton Homes and MHI’s role in making those GSE and ‘new class of homes’ standards come to pass.

 

To wrap up his interview comments, Clayton said, “That’s that important price point from 149 to 200 [thousand], and then we are trying to bring that site-built side down too.”

The video opens with a discussion of tariffs.  The interview is posted below.

 

 

Excluding Competitors? Back to Possible Antitrust Angles

By purportedly manipulating the GSEs via lobbying and closed door meetings where the minutes have not been released, the comments and implications beg several questions that may involve antitrust concerns.

Before this case, it wouldn’t have been clear if I, as a consumer, went on Amazon and purchased something from a third party seller, that I could sue Amazon for anticompetitive damages related to that sale,” said Valarie Williams, a partner at the law firm Alston & Bird. “But that’s clear now.”

I think [other technology companies] have to be watching it very, very closely,” said Roberti.  It may not be only big tech, but big conglomerates, such as Berkshire Hathaway, and their subsidiaries, such as Clayton and their related lenders.  There is a lot to unpack in this video, and we may return to it in the days ahead.

To see more concerns about market manipulation, which include potential antitrust or fraud aspects, see the related reports, linked below the by line, free ‘read hot’ x2 weekly email headline news, and other notices.  There are also reports that obliquely raise the question, is Clayton and Berkshire really concerned about the ‘democratization of housing?’ If so, why aren’t they and MHI pushing for enhanced preemption, or a full implementation of the Duty to Serve by the GSEs, to raise but two of several possible topics?

EnhancedPreemptionMHIWebsiteSearch

There is still no results on 5.14.2019 at 8:23 PM ET. Both sources with MHI, and MHI’s outside counsel, have stated that they monitor our website. They’ve been asked directly about this issue. No changes. Given the issues the industry faces on zoning and placement, why are they allowing one of the best arguments to go unused?

ManufacturedHousingAssociationRegulatoryReformMHARREnhancedPreemptionDailyBusinessNewsMHProNews

EnhancedPreemptionManufacturedHomeDailyBusinessNewsMHProNews2019-03-05_1404

There are three primary places online that one learns about enhanced preemption in manufactured housing. MHARR, MHProNews, and MHLivingNews. The screen capture above makes that point, then and now. It has been so for some years.

 

That’s this Hump Day morning’s episode of “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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.

Related Reports:

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

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

Dr. Ben Carson Secretary of Housing and Urban Development Manufactured Housing Conference Remarks New Orleans, Louisiana, Hyatt Regency Hotel, May 7, 2019

Prior Facebook Insiders Among Harshest FB Critics, “Break Them Up” – plus MH Market Updates

 

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

 

HUD Code Manufactured Home Production Decline Continues, May Updates

 

MHARR Calls on HUD Secretary to End Discriminatory And Exclusionary Zoning of HUD-Regulated Manufactured Homes

 

 

 

 

 

 

 

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

May 14th, 2019 No comments

CNNmone5.14.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe timing of our reports at times may seem prescient to those who follow them closely.  Sometimes, that is due to news tips. But the truth is that there are other times that the small, quiet, inner voice often whispers which topic to pick when – and that voice turns out to be right. On a day when the markets rebounded, Kevin Clayton, tariffs, and affordable housing are front and center in our featured report this evening.

 

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

 

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

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

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

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

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

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Uber has a lot to prove
  • An Uber banner is displayed on the facade of the New York Stock Exchange on Friday, May 10.
  • The company needs to win over Wall Street after its dismal debut
  • LIVE UPDATES Stocks close higher, Dow climbs 207 points
  • Despite the trade war, the US is still the best place to put your money
  • ANALYSIS Why the US-China trade war won’t last
  • The $35,000 Model 3 is no more. Tesla raises prices slightly
  • Uber has gotten no help from the stock market
  • Boeing reported zero new orders for jets in April
  • Bayer rocked by record $2 billion Roundup verdict
  • Who is NSO, the company tied to the WhatsApp security breach?
  • Senators question how to roll out 5G without Chinese technology
  • China is going easy on American oil (for now). Here’s why
  • ESPN and sports media are betting on gambling content
  • Jimmy Kimmel signs new three-year deal at ABC
  • The cable network that is Foxier than Fox — and that Trump is promoting
  • These workers were paid to move to Vermont and work from home
  • The TJMaxx of supermarkets is going public
  • Disney is taking full control of Hulu
  • Way more CEOs are Republicans than Democrats. Here’s the proof
  • Dollar General built an empire on no-frills stores. Now it’s going high tech
  • Walmart is rolling out next-day delivery
  • Kohl’s won over moms. Now it’s going after Millennials
  • Lord & Taylor may go up for sale
  • Amazon’s new Go store in New York will be its first to accept cash
  • A new James Bond Aston Martin for $3.5 million – battering rams included
  • The most popular Porsche is going electric
  • Aston Martin unveils its first electric car
  • Behind the wheel with Ferrari’s top test driver
  • This Bugatti is the most expensive new car ever sold

Select Bullets from Fox Business

  • President Trump’s tariffs, explained: Who really pays them?
  • China looks to retaliate against US. Here’s how it could
  • Bayer now facing 13,400 lawsuits over Roundup cancer risk after three jury losses
  • US stocks higher after big sell-off
  • Saudi Arabia oil pipeline attacked by drones
  • Best and worst US cities to live for Americans trying to save money
  • Worst airport in US has been named
  • China must live by international trade laws, Sen. Chuck Grassley says
  • Ocasio-Cortez, Sanders want your Post Office to double as a bank
  • Costco store managers’ ‘surprising’ 6-figure salaries revealed
  • WATCH: Ocasio-Cortez, Sanders don’t understand socialism: Mark Cuban
  • ‘Bachelorette’ Hannah B could double her annual salary with new reality TV role
  • NBA players, pro athletes face mounting tax bills
  • coli outbreak linked to ground beef infects 196 people, CDC says
  • Top 15 most disruptive office distractions, according to 5,000 employees
  • Alice Rivlin, former OMB director during Clinton administration, dead at 88
  • Financial responsibility begins at home, Chris Hogan says
  • Papadopoulos urges Trump to uncover if Comey, Brennan prompted spying
  • These are the best cities for recent college grads to work and live, study says

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

9MarketIndicatorsYahooFinance5.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

 

 

TariffsWillEffectDemandSaysKevinClaytonAnswersCNBCsMonopolyQuestionVideoPlusManufacturedHousingMarketUpdatesMHProNews

Everyone, including us [Clayton Homes], is trying to get pricing down to help solve this affordable housing issue,” said Kevin Clayton during the video interview with left-of-center CNBC.

Diana Olick at CNBC asked what might be one of the best mainstream media questions put to Kevin Clayton in some time. Ticking through a list of some of Berkshire Hathaway’s varied investments in the housing market, Olick asked Clayton – “Is this his [Warren Buffett’s] master plan to own every aspect of the U.S. Housing Market?”

Clayton answered by saying, “You know Charlie [Munger] is a huge builder, designer, architect – he has always loved us from the beginning and so has Warren. We are so blessed to have the capital and the 100 plus year vision.” That’s not a denial of her question about the monopolization of the housing industry, although the time line may be an understatement.

Given that Clayton has gone from 13 percent of the HUD Code manufactured housing production in 2003, to some 48 to 50 percent market-share, depending on what data-source one refers to for their 2018 market share. Back to the CNBC interview…

Right now, our whole goal is to make, you know, attainable home ownership available to more people. Democratization of home ownership. They [Buffett and Munger] love that.”

The video interview is posted below.

 

 

That video should be viewed through the lens of at least these reports.  The first contains a link to another Kevin Clayton video, which provides a more comprehensive look at the Buffett-Berkshire “Moat” stratagem that Clayton’s response alludes to, see the linked report 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.  See the document, quotes, and Kevin Clayton video at this link here

The next is the report today, which looks at the issue of manufactured housing’s slump, and what the Clayton dominated Manufactured Housing Institute, led by former Clayton division president Joe Stegmayer and company have been doing about this so-called effort to make home ownership more available.

Joe Stegmayer, George F. Allen, Manufactured Housing Institute Slogans, Slump, Slurs, Solutions

Finally, there is a hub report that takes a deeper dive into Clayton Homes since the Berkshire acquisition.

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

Finally, MHProNews looked at the tariffs and manufactured housing issue in the related report linked below.

Related Report:

Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.14.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

Biggest Dow Losers? Companies Tied to Chinese Trade, plus Manufactured Housing Market Updates

May 13th, 2019 No comments

CNNmone5.13.2019ManufacturedHomeStocksMarketsReportsMHProNewsAs regular readers of this feature know, we steered clear of China-U.S. trade troubles for most of last week, even though that was a lead story among scores of market watchers.  Today, MHProNews has two stories that have dealt with China and U.S. trade, one earlier today – linked here – that directly ties into builders and sellers. This topic is related to the stock market impact of the trade war, which isn’t ‘new.’ For years, China was taking the U.S. to the cleaners. For less than 2 years, the U.S. has begun to seriously fighting back in the era of POTUS Trump. On a day with plenty of red ink on stock tickers, trade, China, and what firms are the most impacted are our focus for this evening.

 

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

 

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

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

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

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

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

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • Dow plunges 617 points after China retaliates with higher tariffs
  • China strikes back
  • LIVE UPDATES The real problem between the US and China, in 2 charts
  • The Dow’s worst days
  • Bitcoin is one thing that isn’t plunging today
  • Facebook will require that contractors be paid higher wages
  • WestJet, Canada’s second-largest airline, will be taken private
  • Uber plunges again — now nearly 15% below IPO price
  • Under pressure, Bed Bath & Beyond’s veteran CEO steps down
  • Oil prices rise after Saudi Arabia reports tanker attacks
  • The 737 Max does not appear close to flying again
  • Huawei’s detained finance chief speaks out in letter to employees
  • PERSPECTIVES AOC and Sanders’ credit card interest rate cap would be disastrous
  • iPhone owners can sue Apple for monopolizing App Store, Supreme Court rules
  • Serena Williams, Jay-Z and Katy Perry are investing in Impossible Foods
  • Losing to Michael Phelps helped turn this star swimmer into a successful entrepreneur
  • There aren’t enough women in the C-suite. This club wants to change that
  • What male CEOs are wearing
  • What every first-time CEO should know
  • When good executives go bad
  • Why it matters so much every time a woman CEO leaves
  • Mercedes makes aggressive climate pledge
  • Oil is slowly losing its best customer
  • Hyundai’s Genesis unveils vision for tiny electric luxury car
  • How Amsterdam plans to help ban polluting cars
  • VW is creating an electric future. This is what it looks like

Select Bullets from Fox Business

  • Dow dives over 600 points amid US-China trade tiff
  • China retaliates against Trump admin with tariffs on $60B in US goods
  • US and China will both lose if they don’t come to trade agreement, former JC Penney chief says
  • Trump’s tariff wars could wipe out a chunk of tax cut benefits
  • ‘Game of Thrones’ cast net worths, from Emilia Clarke to Sophie Turner
  • Mark Cuban: Ocasio-Cortez, Sanders don’t understand socialism
  • Uber’s first employee, who’s now a billionaire, credits his success to this 1 tweet
  • FOX announces its new primetime lineup since Disney merger. Here’s a look
  • WATCH: FCC gets aggressive on robocall enforcement, vows to return consumer sanity
  • Trump ‘seriously’ hurt Iran with these 2 moves says Lieberman
  • US federal spending surges in 2019
  • Heinz CEO has lost confidence in the food giant
  • Only 3% of employers offer this desirable perk
  • First-time homebuyer? Here’s how much an average down payment costs in each state
  • World’s most expensive coffee available in the US for limited time
  • Uber stock tanks for second day after weak debut
  • Top 10 major cities cashing in on movie tourism
  • Amazon to pay employees to quit and start their own delivery businesses
  • Supreme Court rules against Apple in lawsuit targeting App Store
  • Middle class was anything but left behind by Trump tax reform
  • 5 truths about capitalism that are often misunderstood
  • Uber IPO is a buyer-beware opportunity: Varney

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

9MarketIndicatorsYahooFinance5.13.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

BiggestDowLosersCompaniesTiedChinaTradePlusManufacturedHousingStockUpdates

 

Let’s tee this up tonight by noting the link to the Daily Business News on MHProNews earlier report on building and the impact of the U.S.-China tariff tiff.

 

Higher China Tariffs “Hits Home,” Building Impacts Ahead, Per NAHB

 

Per left-of-center CNBC, the biggest Dow losers since the trade war escalated reveal that investors are fleeing companies with more Chinese business ties.

 

  • The Dow is down about 1,200 points since President Donald Trump announced tariff hikes last week, with heavier losses in companies with business in China.
  • Intel, Apple and Caterpillar have all dropped more than 10% in the six trading days since the president’s tweet on May 5.
  • Intel in particular may be vulnerable to a deterioration in U.S.-China trade relations, which about 25% on its sales coming from China, according to FactSet.

 

 

Here’s the snapshot in a chart.

 

TradeWarImpactDow30May3-13-2019ManufacturedHousingMarketUpdates

 

Related Reports:

WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, Plus MH Market Updates

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.13.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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

Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance – Investor Lessons Learned

May 11th, 2019 No comments

 

ClaytonHomesLogo21stMortgageLogoVanderbiltMortgageLogoInvestorProfessionalManufacturedHomeLessonsLearnedMHProNews

The past is prologue ideally to be learned from. When an error is made, it could be ignored, covered up, or deflected by some razzle-dazzle style head-fake. Or an error can be admitted, addressed, amends made as possible, and then one can advance with head held high.

 

 

The Daily Business News on MHProNews pondered separating these three Berkshire Hathaway owned company snapshots.  But Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance (VMF) are so interconnected, and the lessons learned for investors and MHVille pros are so interrelated, that it made more sense to do this as one overview article that acts as a hub to several other linked reports.

With that said, let’s note that the nature of a con is that someone is deceived by some form of ruse. The goal of the ruse or con is to separate ‘the Mark(s)’ – the targeted victim(s) – from something valuable.

The hypothetical case for a con job in manufactured housing only requires a few people to be in the know. Warren Buffett, Kevin Clayton, and Tim Williams would logically be among those purportedly in on such a con job that rigs the market by using political connections, nonprofits, financing, stirring up bad news, and other means.

The vast majority who work with or for those three people have no need to know. Hundreds or thousands in their employ might be terrific personally, and unaware of the ploy. One must be fair and separate wheat from chaff.

So, for surrogates of the Omaha-Knoxville-Arlington axis who scoff at “conspiracy theories,” they are either ignorant pawns, lack discernment, are liars, part of the head-fake, or cowardly sycophants – take your pick. By the way, linking some doesn’t mean or imply that there aren’t others.  There are some mouthpieces that arguably clean up their act better than others do.

 

The Elephant in The Room

The content and links herein set the stage for almost everything else that matters in manufactured housing today vs. 20 years ago.  To understand an industry, one must grapple with the realities of the elephant in the room.

After repeated and documented offers to leaders at Clayton, 21st, VMF, and MHI to clarify, correct any factual errors or offer an alternative explanation, they’ve remained silence.  That’s not proof that what is found herein or that is linked is correct.  But given that we have faithfully quoted Warren Buffett, Tim Williams, and Kevin Clayton at length and in their own words, that’s a good indicator that we are onto something significant.  The fact that we are the most read means something too.

 

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

Regular readers who already know that definitive report linked above on MHLivingNews backwards and forward, know that the evidence to support the allegations of manufactured home market-rigging with related antitrust violations are compelling.

Who says? Numerous everyday industry professionals, but also attorneys, including those into antitrust law.

Furthermore, as noted, we’ve given repeated opportunities to

  • the Claytons,
  • Tim Williams/21st,
  • MHI,
  • their attorneys,
  • and the MHI’s outside attorney assigned to ‘deal’ with us on MHI’s behalf

chances to respond in writing or live in public. No direct replies in the last year from them have denied or explained away any of our fact-checks or reports.  But there have been plenty apparent ‘over the target’ reactions from their surrogates like ones linked here and here, etc.

There are also lesser-known surrogates that have allegedly been used by the axis.  We see no value to mentioning them now.  There has also been legal saber rattling, and other ploys we won’t dive into today.  Clearly, they’ve not been successful in deterring our reports, fact-checks, and analysis.

Before making the investment case for manufactured housing, let’s make the Manufactured Housing Case as a prime solution for the well-known affordable housing crisis in brief.  Because in a housing industry that does well over a trillion dollars a year in business, the potential for manufactured housing could well be over $100 billion a year, not the paltry under $8 billion achieved in 2018.  Manufactured homes are the most proven form of affordable housing.

 

UltimateManufacturedHomeHousingInfographicNotMobileHomeTrailerHouseFactoryBuiltHomeIndustryDailyBusienssNewsMHProNews-600

 

As you ponder motivation for doing what Buffett and his brothers in MHVille are doing or why, ponder the business potential reflected below every few years. There are few if any industries that have more upside.  You can quickly see why someone who thinks long term could be willing to accept millions of lower profits now, in order to gain billions more later, right?

 

CashPileMillionBillion100billionTrillionDollarInfographicManufacturedHousingIndustryMHProNews

U.S. housing sales are about a 1.67 trillion a year business in 2018.

 

2018DataShareofHousingMarketManufacturedHousingInfographicDailyBusinessNewsMHProNews612

 

 

Making the Case for Manufactured Homes

This week, HUD Secretary Ben Carson has made a fine summary case for manufactured housing.  It is linked below.

 

 

Oddly, as of 9:30 ET on this date, that speech by Sec. Carson – delivered to the Manufactured Housing Institute (MHI) in New Orleans – is not found on the MHI website. That’s significant and is part of a wider pattern, as will be reflected later.

 

HUDSecBenCarsonNOLOManufacturedHousingInstitutelogoMHIlogo2019-05-11_0933MHProNews

 

Over the years on our 2 industry-leading trade media sites, we’ve complied decades of federal, non-profit, university-level, and other third-party research.  Recently, we took some of the best or most significant of those items and published them at the link below.

 

 

Properly understood, that third party research plus Secretary Carson’s comments, collectively make a compelling fact-based case for manufactured homes.  The common concerns about manufactured homes are routinely and readily debunked.  That can be done by using non-MH industry sponsored research.

 

EvidenceDisprovedMisconceptionStereptypesContinuedInfluenceLocalGovernmentsRestrictionsQuoteLisaTylerPhDExamingAttitudesManufacturedHousingMHProNews

The quote is from a doctoral dissertation that used reams of university-level, peer reviewed research. Dr. Tyler was invited by this writer to participate in various panels. Her work merits attention.  Which begs the question, why didn’t MHI invite or promote her work?

 

Once more, those research documents are routinely not to be found on the MHI Website. Why not?

 

NARNationalAssociationofRealtorsScholasticaGayCororatonGAOReportMHIlogowebsiteManufacturedHousingInstituteLogo2019-05-11_0949MHProNews

MHProNews has been spotlighting this issue for months, of MHI not proving useful research on their website. The decline in shipments continues. Perhaps if they are embarrassed publicly long and often enough, they will finally do something common sense that gets to the heart of the industry’s challenges? Until then, as of the date/time shown, there are numerous, useful, third-party research reports that are not to be found on the MHI website.

 

Three of those more recent linked reports, pardon the plug, happen to name me and/or one of our publications in a footnote or acknowledgement. It’s not bragging when it is true. It is important to note as it acknowledges our expertise in this realm.  So too does the praise by many of the same professionals we’ve been compelled by evidence to now critique. It is evidence of several reasons why MHProNews/MHLivingNews and this writer should be taken seriously, because the opposition does.

Sometimes, you are better known by those who oppose you.

That segue aside, there’s over twenty years of research that makes the compelling case for manufactured housing.

Which begs the questions. Why doesn’t MHI have all this potentially useful research on their website? Or Clayton on theirs?  Again, perhaps they will at some point – out of pressure – finally do the obvious.  But as of the date of this report, such research was absent on the MHI website. Let’s consider a related issue to the point that Dr. Tyler’s quoted comment could address, if it was being used.

TimWilliams21stMortgageCEOthenMHIChairmanGoodArgumentsRefuteEveryStatisticsRespondEveryStoryPBSDIckErnstDailyBusinessNewsmHPronews

Why has MHI for some time failed to mention Enhanced Preemption?  By contrast, why does the Manufactured Housing Association for Regulatory Reform (MHARR) website have several mentions of the same topic?

 

EnhancedPreemptionMHIWebsiteSearch

Both sources with MHI, and MHI’s outside counsel, have stated that they monitor our website. They’ve been asked directly about this issue. No changes. Given the issues the industry faces on zoning and placement, why are they allowing one of the best arguments to go unused? This was rechecked at 2:58 PM ET, on 5.11.2019. Same result.

 

EnhancedPreemptionManufacturedHousingAssociationRegulatoryReform4-26-2019ManufacturedHomesMHProNews

 

 

The answers, the evidence suggests, is because the first – MHI – postures promoting manufactured homes. They do enough promotion to be able to say that they promote. The second trade group – MHARR – isn’t marketing focused, they are federal regulatory focused, but often have powerful facts useful for researchers and marketers alike.

However one wants to spin it, MHI and Clayton are either ineffective, and/or nowhere achieving their capabilities or capacity. How is it possible that a fairly modest organization like our LifeStyle Factory Homes, LLC – the parent company to MHProNews and MHLivingNews – are doing more effective promotions than far bigger and better funded operations do? Why are we able to achieve local results that blows their results away? Why has Clayton purchased locations that we’ve performed coaching and business development services at?  These are a few interesting questions we will allow to hang out for now.

Keep in mind that the Berkshire Hathaway brands of Clayton Homes, 21st, and VMF dominate MHI through dues, via influence on their executive committee, their sway at the state association level, and also via their influence over several individual members.

Yesterday, we did a similar but shorter report on Nathan Smith of SSK Communities. Thousands of industry professionals have already flocked to that report. Smith and SSK have reportedly done business with Clayton and 21st for years.

 

Nathan Smith, SSK Communities, Manufactured Housing Institute Leader, Profitably Correcting the Record

 

Rephrased, the Arlington, VA based MHI to a high degree does whatever their Omaha-Knoxville master’s and their ‘big boy’ colleagues want. An award-winning MHI success story has said as much. No questions need to be asked, no explanation of a plot has to be shared; if a directive is given by the powers that be, a directive is followed.

Simple. Easy.

Ergo, there is no need for a conspiracy, when raw power working quietly in the daylight will do.  It is entirely plausible that some at MHI or elsewhere in other nonprofits had no clue as to how they were being used.  They may well have had plausible deniability, that is, until they read about it here on MHProNews and/or on MHLivingNews. 

Frankly, given their deep pockets, it is stunning that they’ve not already sued us, even if they arguably have no valid case against us.  Either way, the as yet unchallenged evidence linked is published for readers like you to ponder and discern for yourself.

 

Third Party Investor Research

There are routine contacts of our operation from a variety of sources. Among the investor contacts was one that indicated they’d studied the kind of ‘strategies and tactics’ employed by Buffett and the Claytons – but they witnessed that in other industries first.  To that operation, what they’ve read here and on our sister site MHLivingNews is stating the obvious.  To them, it is part of the broader pattern of monopoly power being exercised in America.

But that knowledge of their tactics is not deterring them from advancing their own plans in factory-built housing. They believe they can outperform the Claytons. Hold that thought.

About two years ago, MHProNews floated the notion that Amazon could easily enter factory-built housing industry. They were already promoting the sales of container housing.  Last year, Amazon started that process of directly entering factory-home building via their Alexa Fund investment in Plant Prefab.  See the quotes in the infographic above.

SoftBank’s support for modular builder Katerra is noteworthy too. They could, in theory, rapidly rival Clayton in a few years.

Google is experimenting with modular at their own offices.  Other ex- or current-Silicon Valley giants are exploring the industry too.

We won’t go through a litany of other poised to get in, because some of those contacts have asked for anonymity as they prepare their own launches.  To show the flip side, there are investors like Robert Robotti, who for some time cheered manufactured homes.  He’s cooled since.  But my hunch is he didn’t grasp the undercurrents.  Robotti may not have read between the lines on MHI’s now exited president and CEO, in his parting message to the industry.

 

“Out-Performing the Market” Robert Robotti, Value Investing, and Manufactured Housing

But the examples shown reveal that there are those who ‘get it’ about factory-home building. From more modest investors who are thinking in terms of placing a few million into the mix – up to giant-sized firms or investment groups that could enter with a splash – there are several who ‘get it.’

Some in their own words have said that they want to set themselves apart by being ‘white hat’ firms in the manufactured, modular, or prefabricated industry, vs. the ‘black hats’ that posture being a ‘white hat.’

 

Manufactured Housing – White Hats, Black Hats, Investing, Consumers, MH Independents

 

What hat color does Buffett’s brands sport?

Let’s share some screen captures, thirds-party videos, and  links to our own research to allow our readers to answer that question for themselves. Because while vexing to the industry, it spells opportunities in disguise for those who grasp nettles.

 

LeadersGraspNettlesDavidOgilvyFatherModernMarketingQuoteMHProNews

 

Before diving in, here’s the bottom line for investors.  Clayton and Berkshire’s MH brands, per sources, posture nice, but can play rough.  You as an investor must be willing to fight that fight. Current industry pros, the same thing holds true.

 

Mobile Home Militia – “Clayton [Homes] Wants Your Cornbread Too” “Join the Revolution” – ‘You Gotta Have Swagger’

 

But here is the huge potential takeaway for savvy investors with chutzpah.  There are already good laws on the books that if enforced would ‘unchain’ manufactured housing.  For those that need an expert = who want to do a White Hat operation = and can budget for that role to guide that process successfully, click here.

 

 

To sum up, the potential to earn millions to billions in manufactured housing exists. One can make the argument that Clayton/MHI and other nonprofits have allowed and/or deliberately stirred up bad news to suppress and understanding of the industry. The opportunities are so big, they wanted to hide them in plain sight.  That logically helps explain why useful or good news is hidden from the public on the MHI or Clayton sites. To learn more, click the article linked above and below.

 

 

Having teed this up, let’s review the evidence for ‘black hat’ activities alleged by others against Warren Buffett, Clayton Homes, or their lenders. Because what that reveals is this. Those willing to invest, mix it up, and be the white hat in specific markets can demonstrably jump ahead rapidly.  Because there is a hunger for affordable housing.  The evidence supports HUD Code manufactured housing’s value.

A few power players may be keeping their foot on the industry’s brakes, in order to consolidate more of manufactured housing at a discount.  But have they overplayed their hand?

 

“Kevin…the Problem of Your Industry…”

 

 

Are they now stuck, having their grand scheme revealed here?

 

 

Warren Buffett’s Profitable Lessons for Manufactured Housing

 

Investors must weigh the pros and cons of that evidence for themselves, but we are presenting a sampling of the evidence of purported black hat activity, which in the light of the video posted below, reveals the value of what white hat activity could achieve. Note, we’ve since parted ways with the videographer that produced this for us – my bad for not checking his credentials more closely.

That said, the value of this video is significant on several levels to investors, skeptics, the pubic – and us too.  Note how Jim Clayton finished this video?  Is this among the reasons why the ‘big boys’ have rattled sabers, but have not in fact acted legally?

 

 

Let’s sample some pro Clayton videos they’ve made or spotlighted themselves, and then contrast those with videos by others.

 

 

Clayton Homes Third Party Videos

To be fair, here is a video that Clayton produced. It’s a fine video.  It purports to address the image issue.  Published on Sep 1, 2017, it has had as of this morning 8,985 views this morning, per their YouTube page, which said the following.

Clayton Unveils Have It Made Campaign: Clayton, one of the largest home builders in America, is kicking off its biggest marketing campaign to date focused on how its building process can help provide affordable housing to hardworking families.”

 

 

Let’s contrast that Clayton video with a customer-produced video posted by Ted Davis and published on Apr 7, 2017. Also as of this morning, Davis’ video had 22,738 views.  Keep in mind Davis has done more than one such video, as have scores of other Clayton, 21st or VMF customers.

Here’s what Davis said on the YouTube page. For first time visitors, bear in mind that on MHProNews and MHLivingNews we often turn direct quotes bold and brown, to make them pop. Otherwise, the text is as in the original.

 

My Clayton Manufactured Home Features .. Fake Studs

We bought a Clayton Manufactured Home summer of 2015. It wasn’t my first choice, but it was what was available. It would appear that Warren Buffet owns Clayton, and they have bought up several lesser mobile home companies, removing a lot of competition.

If you listen to Clayton, they want you to think they have a quality product, and they say they will stand behind it. So far, they have fixed a few things for us.

However, if they actually had a quality product, the repairs would NOT have been necessary. They say their product is built to HUD standards. HUD must have way different standards for mobile homes vs. site built.

Check my videos of things we have had problems with.

  • Plumbing … bad faucets, leaking pipes, pipes that fell off at a touch. The master bath tub faucets weren’t even connected to any pipes.
  • Wiring … I have never seen hardware like this before. Strange light fixtures, plugs, and switches.
  • Doors … I have discovered that the interior doors seem to be made of cardboard, as well as the door frames. Also some don’t fit right.
  • Interior studs … they are fake, little bits and pieces glued together.
  • Sheetrock … less than a half inch
  • Assembly is with tons of staples and some glue. I haven’t found any framing nails yet.
  • The lids on the toilets were cheap plastic. One broke when I sat on it the first day in the house. I now have real, wood, lids.
  • The house was supposed to have compact fluorescent lights installed. Didn’t have any. Not a single one.
  • They DID get us really nice decks, front and back, including a wheelchair ramp on the front one.”

 

 

 

For newcomers to manufactured housing, please note that there are legitimate answers to the issues and concerns that Davis raised.  Why weren’t they addressed?  Does Clayton want the blowback, so that more decide not to buy a manufactured home at this time?

The most common sense reputation defenses are often not followed by Clayton.  Why not, given Buffett’s statements about defending reputation?  Our sources in Clayton tell us that cancellation of retail orders or agreements are becoming more commonplace, more so now than in days gone by.

 

WarrenBuffettQuoteCantBePerfrectCanAffordLoseMoneyNotShredReputationMeasureActWhatIsLegalHappyToHaveUnfriendlyButIntelligentReporterWriteFrontPageMHProNews

 

Prefabulous® is the latest Clayton Homes campaign. From their YouTube page,

Prefabulous® Clayton Homes. Published on Feb 12, 2019, “We’re building homes a different way. A smarter way. Homes that are beautiful, strong and, most of all, affordable. That’s Prefabulous®.” As of this morning, it has had 6,475 views.

Again, in fairness to Clayton, the video is cool. Quality. It is techy.  It aims at Millennials.

 

 

But the numbers of YouTube views tells the key point of the story.  Are we to believe that Clayton can’t do a better job than this paltry total?  Or is this in fact evidence that it is a fig leaf?  Window dressing? Are videos and campaigns that don’t move the needle much at MHI or Clayton ploys that look real enough to the underinformed? When in fact they routinely fail to hit the bulls eye of what keeps Americans from even considering a manufactured home, much less buying one?

Let’s let those questions soak in, as you consider the following.

By contrast, as was reported, documented, and has gone unchallenged by the powers-that-be at the links herein, Warren Buffett, via ‘dark money’ channels provided funding to Manufactured Housing Action or “MHAction.”  Buffett has de facto funded other nonprofits that have attacked the industry, and his own brands too.

MHAction and two other nonprofits teamed up to do a white paper, that was spotlighted by the Washington Post, along with others in mainstream media. A few weeks later, Last Week Tonight with John Oliver featured a report that spotlighted that same MHAction white paper.  Oliver’s viral video was errantly dubbed “Mobile Homes,” and you can see it either linked here with an analysis or below.

Published on Apr 7, 2019, it says, Mobile Homes: Last Week Tonight with John Oliver (HBO) and has had 5,867,951 views.  Put differently, in less time, it has had almost 100 views to every view of Clayton’s Prefabulous®.  Ouch.

 

 

Ask yourself this question. Which video – Prefabulous® or Oliver’s Mobile Homes – is having more of an impact on the marketplace?

Isn’t the answer obvious?

Again, there are answers to each of the concerns raised by Oliver, which to demonstrate, are summed up in the link below.

 

https://www.jacksonville.com/opinion/20190420/letter-affordable-mobile-homes-are-desperately-needed

 

Why didn’t Clayton or MHI reply publicly to Oliver’s hit?

Is this only a recent pattern?  Or are there other examples of bad news being created by Berkshire brands in MHVille that date back years?  Let’s look.

This next video by Democracy Now, a progressive media operation.  It spotlights both FEMA woes tied to Clayton, and also the Haiti issues that Clayton and the Clinton Foundation became embroiled in.

 

 

In fairness, here is what Clayton homes published on YouTube as an apparent response to the criticism. “ClaytonHomes, Published on Aug 24, 2010.  Per their YouTube statement, “Just after the earthquake in Haiti, Clayton Homes contacted The Clinton Foundation to offer assistance. As the world’s largest manufactured home builder, Clayton Homes was happy to help, and has already built 20 new classrooms and hopes to be able to provide more in the future.”

 

 

Reality Check appears to be a right-of-center commentator, and they published this below about the Haitan incident. Reality Check: If Haiti Is a “S***hole” Country, Who Is Really to Blame?

 

 

 

The Democracy Now video had less views than Reality Check, but both blew away the views of Clayton’s posted video on Haiti.

But none of those videos were as impactful as the mainstream news reports that others carried at that time.  The Clayton/Haiti tale is one that points to broader issues of how certain reports linger briefly, and are forgotten.  But not by all.  While Clayton wasn’t specifically mentioned in this next video, housing provided is alluded to, and the Reality Check video above shows Kevin Clayton with Bill Clinton in Haiti.

 

 

 

Bear in mind that all of this is connected to Warren Buffett, who backed Secretary Hillary Clinton in 2016, and backed Barack Obama, who helped impose Dodd-Frank on banking, which also drove manufactured home lenders out of business. Once more, that’s not meant as a slam on Democrats.  There are examples of corruption in both major parties. Manufactured housing is a non-partisan or bipartisan issue.

 

https://www.manufacturedhomelivingnews.com/democrats-republicans-agree-manufactured-homes-can-play-a-vital-role-in-easing-the-affordable-housing-shortage/

 

That noted, one can’t overlook the facts of how the game is being played, and how the system is arguably being manipulated in manufactured housing by Clayton, MHI, and others working with them.  It’s the truth hiding in plain

WarrenBuffettBillClintonHillaryClintonBarackObamaKevinClaytonNathanSmithPhotosDailyBusinessNewsMHproNews600

 

We’ll link up related reports, further below.  But this much ought to be clear.  While words like “alleged” need to be used to cover such reports, or attorneys could swarm us, there is significant evidence of the following.

 

  • Clayton Homes and manufactured housing in general are underperforming.
  • Other industry producers essentially make a similar claim, without pointing a finger at MHI or Clayton – that manufactured housing is performing well under historic trends and norms.
  • A new trade association formed last year, that broke away from MHI, specifically stating that they were doing so for a lack of performance by MHI.
  • MHARR exists and resisted merger efforts with MHI for years, because there is no confidence that MHI or their ‘big boy’ masters would properly represent the interests of their members.
  • Clayton Homes and their related lenders have sparked more apparent bad news than good news in mainstream media, and have done so for years – as even this brief survey reflects. While most industry trade media – part of an MHI ‘amen’ corner – avoid that painful reality, facts are what they are.
  • Some of these episodes of bad news can be traced back to donations made by Warren Buffett to various nonprofit organizations, see the report linked here.

 

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?

 

Certainly, there is evidence of positive marketing efforts by Clayton and MHI.  But they are widely outperformed by negative mainstream news or consumer created content that rips the company. Even Clayton’s hometown news outlet carried this problematic report about the Knoxville-metro based firm and their lenders. These facts, reason, and evidence beg questions.

 

 

  • Are the Berkshire brands in manufactured housing incompetent?
  • Why is Buffett funding his own opposition? Is Warren Buffett a sadomasochist?  Who would do such a thing?

Frankly, we don’t think they are incompetent or trying to harm themselves per se.  Rather, they are arguably playing the long game.

How else can one explain the periodic, almost routine episodes of bad news sparked by Clayton, and often funded by groups that Warren Buffett has donated to?

SeattleTimesCenterforPublicIntegrityClaytonHomesManufacturedHomeMHProNews4292019

Carefully discerned, the pattern can logically suggest that Clayton is using bad news as another element of the fabled Buffett Moat strategy.  If so, that means that without warning, bad news can hit the industry, which while suppressing Clayton too, arguably harms other businesses with less financial staying power more.

 

The Four Purported Known Elements of the Buffett Moat Strategy

It could be summed up like this.

  • The power to tax is the power to destroy.
  • The power to regulate, is the power to destroy.
  • The power to choke off or limit access to lending or capital is the power to destroy.
  • The power to stoke bad news that harms individual business can over time involve the power to undermine a business’ value, and destroy marginal operations.

 

These bullets means that Clayton can acquire weakened, underperforming businesses at a discount. Recall what Ted Davis posted: “It would appear that Warren Buffet owns Clayton, and they have bought up several lesser mobile home companies, removing a lot of competition.” He’s a layperson, a consumer – and he sees parts of this pattern.

Then line that up with what award-winning, manufactured housing industry veteran Alan Amy said.

 

 

 

 

As to keeping industry shipments low, consider the odd statement by Richard ‘Dick’ Jennison made that seemingly encourages slow growth and low production totals.

 

 

 

When this writer, who did that video interview with Jennison, heard that coming from the mouth of MHI’s CEO, I had to control my composure.  It was a shockingly questionable statement – at best – for the president of the industry’s largest trade association to make at a time when the industry was struggling to recover. Frankly, it did not dawn on me until years later what the actual meaning of that statement from Jennison was.

In hindsight, it is far more revealing than it was at the time. It explains why he gets bonuses that we’ve dubbed failure bonuses.

That’s why history has to be part of such fact-checks.  Buffett is right about this, the rear view mirror is often clearer than the windshield.

In the light of the above, consider the summary graphic about ‘the Moat’ below.

 

UnderstandingWarrenBuffettCastleMoatMetaphorsQuotesDailyBusinessNewsMHProNews

Never forget that even during medieval times, castles and their moats were in fact breached.

 

 

 

Dark Grace…

The argument can be made that each of these examples of ‘black hat’ behavior can be an opportunity in disguise for those willing to behave in a robustly white hat fashion.

There is also an argument to be made that individually or in a local group, white hat firms could forge their own white hat trade group.

There is no need for perfect behavior in business when simple honesty will do. But there is a need for trade groups to have and live up to standards of ethical behavior.  If someone routinely harms the industry’s image, why should they be part of a white had trade group?

For those of us who have been in the manufactured housing business for years, and have dealt with the public directly for years, you know as well as I do that if you treat most people fairly and honestly, they are good customers.  There are a few who sadly try to twist anything to get something for nothing. But they are the exception, not the rule.  Good paperwork can deal with those kinds of clients.

For years, we’ve taught professionals not to oversell or overpromise.  Prepare customers for reality and they will be satisfied.  There is a method for training team members for doing so successfully, where the customers will be happy with what they are sold, and will send you their friends after buying.

Every road block in the industry can routinely be traced back to forces within manufactured housing that are keeping the industry at low ebb.  Who said? Prominent MHI member and controversial critic, Frank Rolfe here and here.

That’s opportunity in disguise.  For those willing to do what’s right, and who aren’t afraid to buck the Omaha-Knoxville-Arlington axis, the upsides are many.  As to risk, there is always some risk.  I can look someone in the eye and tell them about all of the efforts that we believe the evidence suggests how the axis threw a variety of slings and arrows at us, in an attempt to try to drive us out of business.

Yet, we are still standing.

After a dip for a time in readership after an assault from the axis, we’ve not only rebounded, we are about double where we stood a little over a year ago.  Professional readers and investors want the truth.  Our opposition wants to know what’s been published here. Across the spectrum, readers from all sized firms flock here daily by the thousands on the most engaged professional trade media site in all of manufactured housing.

Pros and investors want answers that make sense, not the BS that is being shoved at them by the Omaha-Knoxville-Arlington axis sycophants. Anyone can create an echo chamber, and illusion of cheer leading.  Doing real facts with evidence and ‘follow the money,’ takes time, thought, and preparation.

When there are 7 months of declining shipments during an affordable housing crisis, the nature of the threat and the realities of the industry are becoming more self-evident.

Our efforts – thanks to supporters, sponsors, and sources that are often within the axis – in turn gives hope and encouragement to others. Furthermore, it isn’t just us, because other firms have stood up to the Omaha-Knoxville-Arlington axis and can say similarly.

Let’s note briefly a plug with a purpose.  Just as a talk radio station doesn’t expect a sponsor to endorse them, nor does a station endorse the sponsor, so too here there are no requirement that someone has to agree with what we publishSponsors and clients can still benefit from the industry’s biggest and most engaged audience.

CaseyMackTonySoheylaMHProNewsTeamFirstCallDailyBusinessNewsMHProNews

The plug and related business development points aside, and we could do white hats with our marketing/coaching too – leads me to this point. Frankly, I’m convinced that no one in the industry is coming anywhere close to their potential.  Why?

When 8.3 million housing units are needed, per the National Association of Realtor’s Lawrence Yun – and only factory building can logically close that gap – that means that it is possible for single firms on the production side to be doing hundreds of thousands of units a year.  Rollohome went from start up to 60,000 homes delivered in 2 years. If that could be done before, it can be done even better today. That in turn translates into big upsides for retailers or communities.

All business ultimately comes down to a local sale to a local person.  Just as all politics are local, so too all business is local.

A properly motivated company with the right people and resources can rapidly and profitably grow with proven, honest, ethical, and sustainable approaches. That’s the happy note that we will end this report about Clayton on.

What to do about Clayton’s purported black hat tricks and behavior?  Be the obvious local White Hat.  Do the homework. You’ll see that the opportunities are amazing, but one needs the guts and gumption to get the glory.

 

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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.

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Related References:

The text/image boxes below are linked to other reports, which an be accessed by clicking on them.

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Warren Buffett, Charlie Munger Video Interview at Berkshire Hathaway Annual Meeting on GSEs Lending for Affordable Manufactured Housing and Clayton Homes

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