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72% Blue Collar Workers “Optimistic,” White Collar and More Insights from Porch/Examiner Poll Report

September 14th, 2018 Comments off


PorchWashExaminer72%BlueCollarWorkersOptomisticWhiteCollarSentimentDailyBusinessNewsMHProNews

 

The Washington Examiner recently reported on a survey commissioned by Porch on worker sentiments.

 

Porch is a free online network that links homeowners and repair, renovation. and cleaning professionals.  Their research found concerns about robotics and automation.  That’s a topic that the Daily Business News on MHProNews has reported on several times in recent years, see related reports, further below.

JobSentimentByOccupationClassificationPORCHJobsurvey2018WashExaminerDailyBusinessNewsMHProNews600

But the new survey found “That recession driven grimness hanging over the workplace has lifted and now workers of all shades are feeling good about their future,” said the Washington Examiner.

PerceptionsByWorkerClassificationPORCHJobsurvey2018WashExaminerDailyBusinessNewsMHProNews600

The polling said that 72 percent of blue collar workers and 76 percent of white collar workers are optimistic about their future.

Many workers feel they can find another job easily.  That was confirmed by the latest JOLTs report, see that further below.

SentimentByWorkerClassificationPORCHJobsurvey2018WashExaminerDailyBusinessNewsMHProNews600

The survey found that most blue-collar and white-collar workers are happy, feel respected, and like each other.

Consumer confidence, manufacturers, and business confidence have also been on the rise, as MHProNews has been tracking those trends since the election of President Donald J. Trump.

See the related reports, further below.  This is another survey that may suggest a trend counter to what political polling is indicating, and thus is important to manufactured housing investors and businesses. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Related Reports:

New Records Achieved, Who Gets JOLT Credit? Surprising Insights for MHVille

“Growth,” “Fight on to Victory,” “One People, One Family, and One Glorious Nation Under God”

AI, Robots Replacing Skilled Positions More Rapidly Than Expected

 

Clayton Homes’ “Robots” – Automation’s Role in Warren Buffett’s Berkshire Hathaway’s “Durable Competitive Advantage” in Manufactured Housing

Billion Dollar Startup Modular Builder, Using Robotics, Could Soon Rival Clayton Homes’ Total Sales

Billions in American Cash Flowing Back to U.S., Repartition Yields Capital for Manufactured Housing or Other Projects

Latest Consumer Confidence Report and Housing Demand

August 31st, 2018 Comments off
Aug2018LatestConsumerConfidenceBoardHousingDemandDailyBusinessNewsMHProNews

Graphic layout, design by MHProNews.

The Conference Board Consumer Confidence Index® increased in August, following a modest increase in July. The Index now stands at 133.4 (1985=100), up from 127.9 in July. The Present Situation Index improved from 166.1 to 172.2, while the Expectations Index increased from 102.4 last month to 107.6 this month,” per the Conference Board in a statement to the Daily Business News on MHProNews.

 

Consumer confidence increased to its highest level since October 2000 (Index, 135.8), following a modest improvement in July,” said Lynn Franco.  Franco is the Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current business and labor market conditions improved further. Expectations, which had declined in June and July, bounced back in August and continue to suggest solid economic growth for the remainder of 2018. Overall, these historically high confidence levels should continue to support healthy consumer spending in the near-term.”

 

Should Support Housing Demand

Many consumers said they planned to buy a house or other big-ticket items in the months ahead,” said Reuters about the report.

ManufacturedHousingAssocRegulatoryReformJOINMHARRbani-200x200

Click here or the above to learn more, which is not connected to this report.

Consumers’ sense of current conditions improved further in August to the best levels of any presidential administration in this century.

  • Those stating business conditions are “good” increased from 38.1 percent to 40.3 percent,
  • while those saying business conditions are “bad” declined from 10.3 percent to 9.1 percent.

Consumers’ assessment of the labor market was also more favorable.

  • Those claiming jobs are “plentiful” was virtually unchanged at 42.7 percent,
  • while those claiming jobs are “hard to get” declined from 14.8 percent to 12.7 percent.

Consumers’ optimism about the short-term outlook also rebounded in August.

  • The percentage of consumers anticipating business conditions will improve over the next six months increased from 22.9 percent to 24.3 percent,
  • but those expecting business conditions will worsen marginally rose, from 10.3 percent to 10.5 percent.
  • Regarding their short-term income prospects, the percentage of consumers expecting an improvement rose from 20.4 percent to 25.5 percent,
  • while the proportion expecting a decrease declined, from 9.4 percent to 7.0 percent.
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Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

Source: August 2018 Consumer Confidence Survey®.

The data is similar to other reports previously cited by the Daily Business News, and should continue to foster confidence on the part of businesses planning their inventory and investments.  “We Provide, You Decide.” © ##(News, analysis, and commentary.)

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

 

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

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

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

August 22nd, 2018 Comments off

 

RisingPricesRatesSalesCoolingMHSuccesssoundsOffNewDataVIdeoDailyBusinessNewsMHProNewsLogoIn addition to the steady climb in [existing] home prices over the past year, it’s evident that the quick run-up in mortgage rates earlier this spring has had somewhat of a cooling effect on home sales,” said Lawrence Yun, Chief Economist for the National Association of Realtors® to the Daily Business News on MHProNews, via a release.

 

This weakening in affordability has put the most pressure on would-be first-time buyers in recent months, who continue to represent only around a third of sales despite a very healthy economy and labor market,” Yun said.

He added, “Is it reasonable to expect changes in the two bugaboos? Not when important elements of the industry appear uncooperative with potential new lending money and new lender money still feels very uneasy with the reality of MH lending.”

July2018ExistingHousingSalesSnahpshotNARDailyBusinessNewsMHProNewsLogo

The median existing-home price for all housing types in July was $269,600, up 4.5 percent from July 2017 ($258,100). July’s price increase marks the 77th straight month of year-over-year gains.

CNBCNARLogoExistingHomeSalesTrendLineJuly2018DailyBusinessNewsMHProNewsLogo

Lawrence_Yun,_NAR_Chief_Economist,_Realtor

Lawrence Yun, NAR Chief Economist.

In addition to the steady climb in home prices over the past year, it’s evident that the quick run-up in mortgage rates earlier this spring has had somewhat of a cooling effect on home sales,” said Yun. “This weakening in affordability has put the most pressure on would-be first-time buyers in recent months, who continue to represent only around a third of sales despite a very healthy economy and labor market.”

What Yun said is akin to what Redfin’s CEO Glenn Kelman said recently, see that book-end report, linked below.

“Buyers Have Had Enough,” says Redfin’s Glenn Kelman

Listings continue to go under contract in under month, which highlights the feedback from Realtors® that buyers are swiftly snatching up moderately-priced properties,” Yun said. “Existing supply is still not at a healthy level, and new home construction is not keeping up to meet demand.”

It’s the last point that manufactured housing professionals should be laser focused on.  While Bloomberg and NAR have recently, among others, provided positive news about the industry and its homes, that message has yet to break through in a robust way to the market.

 

 

Marty Lavin Sounds Off on Latest…

Regarding the Bloomberg article, that is the 312th article since 1970 which has appeared, gotten the industry all puffed up, then little changed,” said Marty Lavin, JD, with a tongue in cheek hyperbole.  For those who missed it, a look at the Bloomberg piece is found in the item below.

Bloomberg “New Home for $90,000? Manufactured Housing Is Making a Comeback” Reveals MH Media Challenge

marty-lavin-jd-manufacturedhomefinanceexpert-DailyBusinessNews-mhpronews

Industry success story, and MHI award winner, Marty Lavin, JD.

At no point do they [Bloomberg] explain how the industry will overcome the twin bugaboos of the last 70 years:

1) Who and how will the homes be financed? and

2) Where will they be sited as most older home-sites are unattractive and declining in numbers and NIMBY reigns supreme in new locations, seemingly everywhere?

Is it reasonable to expect changes in the two bugaboos? Not when important elements of the industry appear uncooperative with potential new lending money and new lender money still feels very uneasy with the reality of MH lending.”

Lavin well knows the “GreenSeco” history from the late mid-to-late 1990s, and into the early 2000s, that were the excuse the GSEs held to regarding lending on manufactured home for years.

The fact that the industry’s two largest lenders failed to provided data to the GSEs they requested – and that other industry lenders provided – gave the GSEs an excuse to begin a toe in the water lending program.  That could be part of what Lavin has in mind, who said also told MHProNews,So the association [MHI] is not there for the “industry,” unless the interests of the Big Boys join the industry’s.”

 

Lavin Unload Continues…

Still needed are substantial industry model changes to reach anywhere near the promise all see in the industry, but which the industry seems bent on avoiding. Note that the present MH model doesn’t mean some are not doing well. They are.”

Questions remain, however, whether the obstructionist, being in prominent positions industry-wide, are prepared to bare their kimonos in an effort to boost the entire industry. Such has not been the case in the last 40 years.”

That’s about as scathing a rebuke that Lavin has given to date for those who are “obstructionist” in their moat-building behaviors. The MHI award winner, and long-time success story in retail and communities, has pointed a finger at MHI and their “big boy” brands that have pled and postured growth, but have failed to do what’s necessary to actually achieve growth.

For a prior Daily Business News item with additional quotes from Lavin on a related topic, see the related reports, linked below. “We Provide, You Decide.” © ## (News, analysis and commentary.)

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Related Reports:

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

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

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

Warren Buffett Would be Okay With Clayton Homes Losing Money, Says Kevin Clayton – But Why?

From Builders, Construction, & Manufactured Housing – July Business, Jobs, Confidence Report

August 16th, 2018 Comments off

 

FromBuldersConstructionManufacturedHousingDailyBuisnessNewsMHProNewsThe National Federation of Independent Business (NFIB) is a national trade group that reportedly includes hundreds of manufactured housing connected members, among their 325,000 total members.

 

NFIB is big enough to do the kind of research that most manufactured housing industry specialized trade associations can’t afford to do, or in one case, won’t do.

SmallBusinessConfidenceOptimismNFIBJUly2018DailyBusinessNewsMHProNEws

Among those are business confidence surveys, as well as what the top issues that faces independent businesses, trends, and so forth.

NFIBJulySmallBusinessesPlanningHireDailyBusinessNewsMHProNews

From a media release to the Daily Business News on MHProNews: “The July jobs report shows the magnitude of small businesses that are growing and hiring at record levels, creating new jobs and opportunities for the workforce, and offering employees higher compensation,” said NFIB President and CEO Juanita D. Duggan.

SmallBusinessesHiringWorkersJuly2018NFIBDailyBusines

Job openings are most frequent in:
construction (57 percent),
manufacturing (46 percent),

and wholesale trades (45 percent).

Small business owners reported job openings for both skilled and unskilled labor. Thirty-three percent reported openings for skilled workers and 15 percent reported openings for unskilled labor, both two points higher than June’s report,” the NFIB tells MHProNews.

NFIBJob_sJuly2018ManufacturedHousingINdustryDailyBuisnessNewsMHProNews

Small business owners are continuing to show that they’re looking to hire and willing to pay more to hire the right employees,” said NFIB Chief Economist Bill Dunkelberg. “Record job openings suggest that the economy can keep up its growth pace over the next few years if the labor shortage can be resolved or mitigated.”

CanSmallBusinessHireEnoughWOrkersJuly2018NFIBDailyBusinessNewsMHproNews

The report fits with other economic data, including in our evening manufactured housing industry market report, linked below.  “We Provide, You Decide.” © ## (News, analysis and commentary.)

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Related Reports:

Kudlow Says “We Are Crushing It,” Plus Manufactured Housing Market Updates

 

“Buyers Have Had Enough,” says Redfin’s Glenn Kelman

August 15th, 2018 Comments off

BuyersHaveHadEnoughRedfinCEOGlennKelmanDailyBusinessNewsMHProNews

As U.S. home prices have increased faster than wages for 70 straight months, buyers in markets like these have finally had enough, at least for now. There are still plenty of markets where homebuyer demand is strong. But for the first time in years, we are getting reports from managers of some markets that homebuyer demand is waning, especially in some of Redfin’s largest markets,” according to CEO Glenn Kelman, per Fox.

 

In a release do the Daily Business News on MHProNews, Redfin Housing Demand Index fell 0.7 percent month over month to 120 in June.

Per the real estate firm, “The decline was driven by a 2.2 percent decrease in the seasonally adjusted number of homebuyers requesting tours, and a 12.2 percent decrease in the number making offers on homes from May to June. The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers.”

It’s not the only signal of still strong demand, that nevertheless shows signs of more road bumps ahead.  Several of those bumps, arguably, spell opportunity in disguise for savvy factory-builders and investors.

Home builders’ confidence in the U.S. housing market edged lower in August as builders reported strong demand but also expressed concerns that rising prices loom as a potential threat to sales,” said Fox, adding as follows.

Builder confidence edged down to 67 in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), from July’s 68 but in line with economists’ expectations. It is the lowest reading for the HMI since September 2017 when the reading came in at 64. It is, however, still a solid reading with any measure above 50 indicating expansion.”

An interview with Kelman by Bloomberg is posted above.  Redfin is competing against real estate brokers, as well as firms like Zillow.

The above points to opportunities in the affordable housing field. They are also reasons why manufactured housing should be performing far better that it has been. For reasons why the reality is different than the potential, and what that means to potential visionary investors, see the related reports, linked below. ## (News, analysis and commentary.)

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Related Reports:

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

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

August 10th, 2018 Comments off

RobbieAntonioRevolutionPrecraftedPropertiesCNBCAsiaDailyBusinessNewsMHProNews

While manufactured housing professionals are struggling at historically low levels, Robbie Antonio is demonstrating his ability to do billions of dollars in deals globally.

 

This is an exciting period for the company as we continue to expand our footprint worldwide. Bahrain is an important part of this expansion because of its strategic location and its very strong economy,” said Robbie Antonio, founder and CEO of Revolution Precrafted, per Deal Street.

With CNBC Asia, Antonio briefly explains where he’s come from in the 3 years since he began Revolution Precrafted Properties.

 

In May, Revolution Precrafted announced a deal to supply over 2,000 residential villas in Puerto Rico,” stated Deal Street. “The residential villas will have an average cost of $250,000 and will take three years to complete.”

MHLivingNews and MHProNews have tracked their results for years.

Why?

Because they are a reminder of what could happen right here in the U.S., for those with the moxie to ‘buck the system’ and dare to deliver for investors, buyers, and businesses who aim at solving the affordable housing crisis with the tools that are already available.

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

Established in December 2015, Revolution Precrafted sells highly customizable prefabricated properties, including pavilions, homes, condos, hotels, adaptive amenity spaces, transposable restaurants, pop-up retail shops, gyms, and even customized clamping that can be ordered on the company’s website,” said the recent of a steady train of coverage for the marketing-savvy Antonio.

RevolutionPrecraftedPropertiesLifestyleAsiaDonaldTrumpRobbieAntonioDailyBusinessNewsMHproNews

Still from CNBC video.

So far this year [2018], Revolution Precrafted has sealed more than $6.5-billion worth of deals overseas. These include the $3.2-billion World Islands deal with Seven Tides in Dubai, the $1.2-billion Okkyin project in Myanmar, the $300-million dealership in the Caribbean, and most recently, a luxury resort project in Okinawa.”

A twenty-year track of the RV business shows a steady rise.

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

So why hasn’t HUD Code manufactured housing, done the same?

The Rollohome story reminds us that it is doable, rapidly.

While Antonio is proving you can serve the classes and live with them too, the biggest market is still the needs of the masses.

It comes down to SWOT.

SWOTAnalysisDailyBusinessNewsMHProNews

The four quads of a good SWOT analysis. Strengths, Weaknesses, Opportunities, Threats.

Understanding where the risks and opportunities are, and navigating them. “We Provide, You Decide.” © ## (News, analysis and commentary.)

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

 

Related Reports:

Billion Dollar Startup Modular Builder, Using Robotics, Could Soon Rival Clayton Homes’ Total Sales

 

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

“Thou Shall Not Steal,” $2 Trillion Annually Lost to Lack of Affordable Homes, Making the Manufactured Home Case

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

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

July 3rd, 2018 Comments off

ThoughtProvokingCartoonQuipsManufacturedHousingIndustryDailyBusinessNewsMHProNews

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

 

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

WhyIsn'tManufacturedHousingGrowingFasterDailyBusinessNewsManufacturedHomeProfessionalMHProNews

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

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

BrancoCartoonsTrumpVoiceActivatedFireworksManufactruredHousingINdustryDailyBUsinessNewsMHproNews

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

RamirezKennedyRetirementsRedHenRestaurantManufacturedHousingIndustryDailyBusinessNewsMHProNews

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

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

KennedyRetiresSCOTUScartoonbabyInWombcheersMHDailyBusinessNewsMhproNews

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

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

MarxismBranco2018SCOTUSrulingsCartoonManufacturedHousingIndustryDailyBusinessNewsMHProNews

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

4thofJulyFireworksNamingNExtSCOTUScartoonCratorsKelleyManufacturedHousingIndustryDailyBusinessNewsMHProNews

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

NeverTrumpPoliticalCartoonDemDonkeyComplainsNeverTrumpElephantListensmanufacturedhousingindustrynewsmHPronews

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

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Related Reports:

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

 

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HUD Code Manufactured Home Production Report, May 2018, State-by-State Total

July 3rd, 2018 Comments off

 

HUDCodeManufacturedHousingIndustryMay2018ProductionReportByStateDailyBusinessNewsMHProNews

The Institute for Building Technology & Safety (IBTS) released the statistics for May 2018 this morning.

The data is shown as below, based upon facts compiled for the U.S. Department of Housing and Urban Development (HUD).

ManufacturedHousingProductionReportByStateIBTSMay2018ManufacturedHousingIndustryDailyBuisnessNewsMHProNews600x1720

Provided under fair use guidelines.

A more complete breakdown of HUD Code new manufactured home shipments data will be published later this week. 

Manufactured Home Production and Shipment Report, April 2018, per MHARR, HUD, IBTS

Last month’s shipment data is found at the link above. MH “Industry News, Tips, and Views Pros Can Use.” © ## (News, analysis, and commentary.)

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Related Reports:

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For sharing this information with those outside of manufactured housing, please use the link below. Thank you. https://www.manufacturedhomelivingnews.com/the-ultimate-manufactured-home-industry-fact-data-and-insights-bullets-plus-at-a-glance-infographic/

 

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

Facebook, Marketing & News – Manufactured Housing Pros, Sarah Miller, ‘Citizens Against Monopoly’ Sound the Alarm

June 19th, 2018 Comments off

SarahMillerCitizensAgainstMonopolyManufacturedHousingIndustryDailyBusinessNewsMHProNews550x315

We got word that [Tuesday], Facebook Inc. is inviting Capitol Hill staffers to Washington DC’s “newest, most exclusive event venue” for free food and drinks. Events like this enable Facebook to peddle influence in the halls of power, and keep lawmakers from cracking down on its abuse of our democracy.”

So begins a statement by Sarah Miller, of Citizens Against Monopoly to the manufactured housing (MH) industry’s Daily Business News received at 8:15 PM last night. CAM is a subset of the Open Markets Institute, which promotes prosperity and liberty, including through their antitrust efforts.

MH industry marketing professionals are among the sources who have raised concerns over the enormous – and still growing – power that Facebook and Google have in marketing manufactured housing.

Voices across the left-right divide have increasingly been concerned too, because they exert so much sway over politicians.

But among those-laser focused on the issue is a group called Citizens Against Monopoly (CAM).

So we would like to extend the RSVP to you, the Citizens Against Monopoly community,” stated their message, about the latest Facebook lobbying move.

Some details about the Facebook event follow.

What:

“A Place to Connect, D.C.”, bringing together “the D.C. community and Facebook” for “conversation and product demos”

Where:

The Showroom, 1099 14th St NW, Washington, D.C.

When: 1:30 pm – 7:30 pm, June 19

RSVP

 

CAM on Facebook’s Lobbying

In the first quarter of 2018, Facebook spent $3.3 million lobbying the U.S. government, more than ever before,” CAM’s Miller told MHProNews.That’s a key part of how it builds power and evades accountability, and events like this one are part of the process.”

At “A Place to Connect,” Facebook’s #3 executive and top lobbyists will be schmoozing the people who are supposed to represent us, and trying to bamboozle Congress into believing that the company’s reforms are for real,” Miller said.

For instance, a former corporate lawyer who is now Facebook’s deputy chief privacy officer will try to argue that Facebook is stepping it up on privacy — all actual evidence to the contrary,” she asserts.

Industry readers may have seen Facebook’s ads on cable TV and elsewhere. Facebook is pitching their reforms to the public, ever since the Cambridge Analytica scandal broke.

But critics say that Facebook has failed to seriously address the fact that they played a significant role in former President Barack Obama’s 2012 re-election effort, as did Google. Given their enormous power in online search, Facebook and Google are among those forces that can help make or break a candidate.

Other presenters will be discussing Facebook’s role in the opioid crisis and its approach to election integrity, vital topics that are in the national interest. Facebook is billing the event as a “conversation” — if that’s the case, the people affected by Facebook’s bad behavior should be in the room to ask the tough questions,” Miller said to MHProNews.

With so much at stake in the debate over Facebook and the future of internet privacy, your voice deserves to be heard. So if you’re able, show up and ensure that the public is represented,” CAM stated.

 

Facts About Facebook, Google’s Growing Power

A December 2017 report by Statista said, “In fact, two companies, you may know them by the names of Google and Facebook, are so dominant in the online world that they account for more than 60 percent of global online ad revenues.”

Many mainstream news operations are alarmed at how much ad money – and thus political power – Facebook and Google have accumulated.  Warren Buffett is among those who have said that many media outlets will fail as a result.

GlobalAdSpendFacebookGoogleManufacturedHousingIndustryDailyBusinessNewsMHProNews

The trend lines are similar to the trend lines in manufactured housing consolidation, see that chart, further below.

Among the concerns are the fact that Facebook’s Mark Zuckerberg himself said in congressional testimony that there is a strong bias against conservatives, and for leftist, so-called “progressive” political causes.

New York Stern university’s Scott Galloway has been cited previously as a pro-tech voice, that believes that the Big Four must be broken up.

The RSVP is for the Facebook D.C. event is linked below.

RSVP

While most industry pros are unlikely to be able to attend on such short notice, Citizens Against Monopoly provide the following link to ask the Federal Trade Commission (FTC) to break up Facebook.

Sign the Freedom From Facebook petition: Tell the Federal Trade Commission to break up Facebook’s monopoly.

 

Industry Trade Media and Monopoly Reporting

Regular, longtime readers know that MHProNews has cited similar concerns over the monopolistic influence over the industry exerted by Warren Buffett’s Berkshire Hathaway. To see how others in the mainstream media have raised similar concerns about Berkshire Hathaway’s increasingly monopolistic domination of manufactured housing, see the related reports links below.

Among the manufactured home industry’s trade media, or those in MH who blog, etc., MHProNews has stood largely alone in raising concerns about monopoly power in the industry.

To their credit, the Manufactured Housing Association for Regulatory Reform (MHARR) in their reports has raised alarms over Berkshire Hathaway brands like Clayton Homes, 21st Mortgage and Vanderbilt.

But MH industry bloggers and publishers are happily taking ad money from the Manufactured Housing Institute (MHI), and are largely silent on the disturbing trends. Many in MHVille believe that MHI is dominated by Berkshire Hathaway and their related interests.

One industry blogger that does periodic MH news admitted that “1,000” manufactured home industry professionals are talking about the influence of monopoly in MH, but that only MHProNews is focused on the subject. That MH blogger succumbed months ago to running more pro-MHI news too.

Given the trend lines of industry consolidation, it is a subject that no industry professional or investor can reasonably ignore.

When Republican Senator Ted Cruz (TX) and Democratic Senator Elizabeth Warren (MA) are both speaking up about the corrosive influence of these monopolies, isn’t it time for more industry pros to sit up and take notice? These linked related reports can be read later, for more details.

Breakup “Massive Power” of Giants, “Subvert Our Democratic Process” Says Senator Cruz, & MH CEO’s Call for “Fully Competitive Housing Access”

Along with Apple and Microsoft, operations that are racing towards a trillion dollars in market cap which may be obtained next year, and how that can “suck the oxygen” out of the room for capital and competitors, as Galloway has said.

 

In the recently decided anti-trust case, some argued for AT&T that their survival is dependent on growth.

When a giant like AT&T, or Walmart are concerned about the rise of FANG or Amazon, and industry pros fret over the power of Berkshire Hathaway in MHVille, isn’t it a common-sense concern that federal regulators and advocates ought to address?

ClaytonHomesSkylineChampionCavcoIndustriesBalanceofIndustryManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews

Graphic by MHProNews, using information provided by each corporation, or named entities. 

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

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

Related Reports:

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

Wall Street Journal – Tech Giants are Monopolistic Threat to Businesses, U.S. Economy

“Audit the Algorithm!” – Mark Zuckerberg, Facebook and Google Monopoly – Manufactured Housing Marketers Notice

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

Smoking Gun 3 – Warren Buffett, Kevin Clayton, Clayton Homes, 21st Mortgage Corp Tim Williams – Manufactured Home Lending, Sales Grab?

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

 

Buffett, Dimon, Housing, Economic, Political Freedom, IG, Deep State, and Manufactured Housing Industry Progress

June 15th, 2018 Comments off

WarrnBuffettDimonManufacturedHousingFreedomDOJOfficeOfInspectorGeneralLogoEagleManufacturedHousingIndustryDailyBusinessNewsMHProNews

None are more hopelessly enslaved than those who falsely believe they are free.”

– Johann Wolfgang von Goethe, GoodReads.

 

Chains of habit are too light to be felt until they are too heavy to be broken.”

– Warren Buffett, BrainyQuotes.

 

Most of us are imprisoned by something. We’re living in darkness until something flips on the switch.”

–      Wynonna Judd, GoodReads.

 

Like a snake sheds its skin, we are capable of getting rid of assembled habits, creating space to call matters into question…We can retreat, then, from the imprisonment of a deadly routine, acquire an identity and develop our personality.”

– Erik Pevernagie, “Man Without Qualities.”

 

The American economy is becoming the envy of the world, says a new report in NewsMax.

USBecomesGlobalEconomicBrightSpotEuropeChinaStruggleNewsmaxManufacturedHousingIndustryDailyBusinessNewsMHProNews

While U.S. economic growth is surging, other national economies are reportedly slipping and faltering.

Coincidence? Hardly.

Even left-of-center sources or Democratic supporting political supporters are starting to acknowledge that Trump Administration policies, including regulatory rollbacks, and the Tax Cuts and Jobs Act, are fueling economic expansion.

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

Jobs that former President Barack Obama said where never coming back to the U.S. – like mining and manufacturing – are roaring back under the Trump Administration’s leadership.

 

Billionaires Warren Buffett, Chase’s Jaime Dimon Praise U.S. Economy

For those who don’t know, Warren Buffett has been a Trump critic long before his successful run for the Oval Office.

So, it is worth noting that Warren Buffett, who supported Barack Obama and later Secretary Hillary Clinton, recently praised the U.S. economic recovery that has been occurring as a result of President of the United States (POTUS) Donald J. Trump’s leadership.

Buffett says you should buy stocks, or make investments, when the long-term outlook in a field or company is good.  Think about that as you ponder Berkshire Hathaway’s moves in the manufactured housing industry space in the last 15 years.

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

As regular manufactured home industry Daily Business News readers know, Buffett’s Berkshire Hathaway includes numerous brands in and serving the manufactured housing industry.

Longtime, careful readers know Buffett supported policies that are often the opposite of what POTUS Trump is successfully promoting.

Taking each candidate at their word, Secretary Hillary Clinton would not have signed S 2155 into law, but President Trump did.

White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform

 

ChainsofHabitAreTooLighttoBeFeltUntiltheyaretooHeavytoBeBrokenChainsYouPUtAroundYouselfNowHaveConsquencesWarrenBuffettAZQUotesDailyBusinessNewsMHproNews

This Buffett quote is worth pondering in the light of MHI and related controversies.

 

The DOJ’s Inspector General’s Report

On 6.14.2018, the Department of Justice (DOJ) Office of the Inspector General (IG) Office released an eighteen month report that points to issues with the 2016 election that point to a “Deep State,” and to issues that aren’t based in Russia, but rather are found right here in the U.S.A.

Before diving into elements of the DOJ IG report, let’s set the table with an understanding of the origin of the concept of the Deep State.

 

What is the “Deep State?”

Wikipedia says that “The term “deep state” was defined in 2014 by Mike Lofgren, a former Republican U.S. congressional aide, as “a hybrid association of elements of government and parts of top-level finance and industry that is effectively able to govern the United States without reference to the consent of the governed as expressed through the formal political process.”

According to whistleblower Edward Snowden, “the deep state is not just the intelligence agencies, it is really a way of referring to the career bureaucracy of government. These are officials who sit in powerful positions, who don’t leave when presidents do, who watch presidents come and go…they influence policy, they influence presidents.”

While some, like the New York Times, dismiss the notion of the Deep State, it is becoming widely discussed across the left-right media divide. The discussion on the so-called deep state is so intense, it’s spawned an upcoming cable TV series on Epix.

Part of the issue of “Deep State” bureaucrats, who are shown as flaunting rules that prohibit them from playing favorites, leaking information to the press, having their own agenda vs. that of an elected administration, and the like.

DeepStateDestroyTrumpBrancoPoliticalCartoonManufacturedHousingIndustryDailyBusinessNewsMHProNews

There are those in MHVille who point to Pam Danner, the prior administrator of the Office if Manufactured Housing Programs at HUD, as an example of the Deep State at work in ways that harmed the manufactured housing industry. Danner did so, they say, until she was finally removed.

Citing sources, the Washington Post report noted that it was MHARR, not MHI, that worked for Danner’s removal.

While he focused on the military-industrial complex, President Dwight D. Eisenhower raised a similar theme to the Deep State over half-a-century ago.  In his 1961 farewell address, POTUS Ike said “In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”

The maxim of the proverbial “power behind the throne” makes it clear that various understandings of the Deep State are ancient, not new.

YourGuideToDeepStateBenGarrisonZeroHedgeDailyBusinessNewsMHProNews

 

The IG’s Report Points to Deep State Woes 

The DOJ’s IG report is a both a political and legal document. It claims that there is no evidence of undue influence or favoritism, before or since the 2016 election, in the FBI or DOJ.

Nevertheless, sources that have read the over 500 page report say it is replete with examples of the opposite.

Attorney, constitutional author, and talk radio firebrand Mark Levin – who at one point was a “never Trump” believer – gives a quick litany of examples. Levin lays out the facts of how the IG report reveals wildly problematic legal issues, with a strongly and illicit anti-Trump bias.

Tucker Carlson, who has an independent, libertarian bent, had several features last night that likewise raised issues with the IG report.

The video below is about what the IG report reveals about the FBI, according to a former FBI Assistant Director.

 

 

Judicial Watch President Tom Fitton on inspector general’s report’s findings in the handling of the Hillary Clinton investigation: Don’t trust mainstream media analysis.

 

Donald Trump Jr reacts to DOJ IG report.

 

 

Rudy Giuliani, attorney for President Trump, speaks out after the release of DOJ inspector general report on the FBI’s handling of the Clinton email investigation.

 

 

The president’s legal-team point man, former New York Mayor Ruddy Giuliani, said the IG report is proof that the entire special counsel handling has been tainted from the beginning.  He claims it is leading away from clear evidence of illegalities allegedly committed by Secretary Clinton and her supporters.

Meanwhile, with no evidence yet of any direct or illegal ties to Russia by the Trump campaign, there were “spies” (informants) used, electronic, and other surveillance methods used against now President Trump’s team.

The deep state could be viewed through the “Drain the Swamp” lens that helped elect Donald Trump.

ThereIsNoDeepStateSwampRightHoneyTinaTomNewYorkTimesDailyBusinessNewsMHProNews

When senior FBI agents vowed to keep Mr. Trump from winning, or would cause him to be wrongfully impeached once he won, it is a constitutionally frightening development.

Elections are a peaceful way of selecting representatives of the people in a Republic. Elections create a stake for voters.  But if elections can be rigged by high-level public officials, attempting to work behind the scenes, that’s a problem that will not end well.

But it would be naïve to think that high-level “rigging of the system” was new.

We noted the concern of President Eisenhower.  But other examples exist of the power of the unelected bureaucratic federal officials – including but not limited to, the FBI – during the Vietnam conflict, and during the civil rights movement.

This is why vigilance is necessary.  That’s a basic price of freedom.

FreedomIsnTFreeFredrickDouglassQuoteCropsWithoutPloughingRainWithoutThunderOceanWithoutRoarSturggleMOralPowerConcedesNothingMHProNews

Every day, foreign powers seek to influence each other’s politics. That’s nothing new. The U.S. has done it, China and Russia do it, as do other nations too. So the hype – mostly from the left – over “Russia, Russia, Russia” shouldn’t be overlooked, but it must be taken in context.

For Americans to remain free, “We, the People” must be properly informed. President Trump and Bernie Sanders alike were debatably correct when each said that the “system is rigged.”

Day by day, it seems clear that the 45th Chief Executive of the United States means to keep his campaign promises.

Everyone has character foibles and flaws.

JamesWattFLOTUSHillaryClintonVastRightWingConspiracyDailyBusinessNewsMHProNews_001

James Watt was known for insightful quotes.

But Mr. Trump is demonstrably taking the nation in a better economic direction. The steps he’s taken have been good for business in general, and good for manufactured housing.

Editorially, MHProNews has and continues to support President Trump based upon principles like tax cuts that have worked for past Democratic and Republican presidents alike.

As the midterms are approaching, there is a fight within the Democratic party between moderate and more socialistic Democrats. So say members of the Democratic party.

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

In the GOP, recent voting indicates that pro-Trump candidates are outperforming so-called moderate or more traditional Republicans.

Time and again, the president has found a way to get things done. That’s why Americans elected him.  Unelected “deep state” actors ought not be permitted to foil the will of the people, expressed in a valid election.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party image, and/or content, are provided under fair use guidelines.)

Related Reports:

NorthStar and Manufactured Housing Radix

 

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

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