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Posts Tagged ‘Daily Business News’

Buffett Blasts Trump, via Classic Twist

April 13th, 2018 Comments off
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Bill Gates reveals the lighter side…”What do billionaire friends do in their spare time? Goof off, tease each other and eat junk food, just like the rest of us,” CNET.  Buffett’s on the board of the Gates Foundation, and has given it billions in stock.

The Daily Business News reported over a year ago, Warren Buffett’s public statement that he’s not in the business of attacking a president, and he has no plans to do so with President Trump.

 

As CNN Money, Kevin Clayton and others have noted, Mr. Buffett has numerous contacts with billionaires, – like Bill Gates, shown with Buffett in the photo above –  politicos and other connections.

WarrenBuffettKevinClaytonClaytonTinyHouseBerkshireAnnualMeetingDailyBUsinessNewsMHProNews

This photo and the next two still pics are from the Berkshire owned Omaha World Herald. Buffett is routinely in the Herald, is often on CNBC, and in other media too.

Howard Buffett, Buffett’s son, has recently criticized the 45th president’s border policy, in the context of hawking his new book (see report, linked below).

Warren Buffett’s Berkshire Hathaway has numerous media assets, according to his most recent letter to Berkshire shareholders.

 

 

Among them?  The Oracle of Omaha’s hometown newspaper, which routinely fawns about Buffett and Berkshire –- including a recent photo spread of classic Buffett photos, including the chairman standing next to a mural of himself.

WarrenBuffettPosesByLargeMuralOfWarrenBuffetUNOUnivNebraskaOmahaMammelHall2013DailyBusinessNewsMHProNews

 

That said, it’s interesting that Warren Buffett – who very publicly promoted Secretary Clinton – appears to be targeting the president personally – in spite of his denials of doing so since the election.

These third party attacks via surrogates seem to be an effort to undermine some of the president’s policies.  But it may also be yet another a Buffett warning shot to the president, don’t take on my companies

CNBC and Newsmax are among the media on each side of the left-right divide reporting on how an old transcript of a 1991 Buffett address with students at Notre Dame has surfaced. Why now?  Why via social media?

WarrenBuffettAllMyChildrenJillLarsonOpalCOrtlandtWorldHeraldDailyBusinessNewsMHproNews

Many political enemies of the president are trying to ‘slime’ him.  Hmmm… here’s a photo of Buffett with a younger woman on a TV show, spotlighting his ego in his own home town paper. Buffett reportedly separated from his wife for years before she died; they never formerly divorced.  So, what if that and related were routinely touted? Is either a fair measure or treatment of two imperfect, yet successful men?

First, Newsmax notes “Former hedge fund manager Whitney Tilson posted a transcript of three lectures Buffett gave at Notre Dame 27 years ago.”

What neither Newsmax nor CNBC spotlighted, are facts like this – starting with a pull quote about Tilson and his ties to Berkshire from Seeking Alpha –

  • Whitney Tilson’s latest email to investors: 1) I have invested my children’s college accounts in 50% Berkshire (BRK.A, BRK.B)…”
  • Or in the Financial Times, where the long-time hedge fund manager Tilson said “my favorite safe stocks (like Berkshire Hathaway…”

As multi-decade industry success story, expert and observer Marty Lavin has said to MHProNews, Pay more attention to what people do than what they say,’ and “Follow the money.”

Isn’t the 1991 Tilson transcript just another Buffett surrogate doing his bidding?

As was reported a few weeks ago, the Urban Institute (UI) was used to indirectly carry water Buffett, Berkshire, Clayton and their manufactured home lending brands. Buffett said not a word, but is a lifetime trustee of the Urban Institute.  Officials at UI told MHProNews that those sources with Berkshire brands in manufactured housing, including the Manufactured Housing Institute (MHI) role in providing input for the UI report on manufactured homes were promised “anonymity.”

In short, there’s a notable history of third-parties doing communications that magically prove useful to Buffett, Berkshire, his business units.  There is also evidence that suggests he can target an opponent using such cat’s paw methods.

 

A Pattern…

It’s not a smoking gun, like the 21st document signed by Tim Williams.

Rather, this seemingly planted story of an old attack on Trump by Buffett is part of a pattern of indirectly undermining President Trump. Yet, the president’s policies have proven to be a positive force for the nation’s economy, including the manufactured housing industry. See that report, linked below.

Trump Administration and the Manufactured Housing Industry

On the date of the State of the Union (SOTU), MHProNews spotlighted that the Buffett-Bezos-Dimon announcement was apparently timed to drop the markets, prior to the president taking a public victory lap on the then sharp, steady rise in the markets.

The question industry professionals and Americans in general should ask, why would billionaire Buffett be taking indirect shots via surrogates at the president now?

There’s been an ongoing campaign by the Trump opposition – dating before the election, but has been ongoing – to “slime” the president, as the Drudge Report headline this morning suggests.

The president has been signaling anti-trust (anti-monopoly) action.  Buffett watchers, including left-of-center Bloomberg, have noted that one of the biggest concerns Berkshire’s chairman has is the break up of his conglomerate.

Clayton Homes has announced yet another acquisition of a site builder.  Vanderbilt has made a recent move into manufactured home community lending, and is moving into acquisitions of conventional mortgage lending. The 21st Mortgage smoking gun report stands unrefuted.

In fact, no rebuttal is even offered to that evidence or other allegations – only red hearing attempts to distract the industry’s attention.

That’s true for the allegations made by the Nation, or others across the left-right media and political divides.

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

The trajectory of the manufactured home industry is unmistakable.

Will the Trump Administration act against Buffett’s Berkshire brands like Clayton, 21st and VMF? “We Provide, You Decide.”  © ## (News, analysis, and commentary.)

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Related Reports:

Who Will Replace Warren Buffett at Berkshire Hathaway? Expert Insights, Video & Manufactured Home Industry Outlook

President Raises the M-Word, “Monopoly,” Plus Manufactured Housing Industry Market Update$

From 2017, while Steve Bannon was still part of the White House team…

Steve Bannon, White House Chief Strategist, Wants Google, Facebook Treated Like Monopolies

Clayton Homes, Manufactured Housing Industry News, Reality Check

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Happy Manufactured Homeowners, Honorable MH Pros – The Untold Story

April 11th, 2018 Comments off

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Another segment of the affordable housing focus group will be posted soon on Manufactured Home Living News.

 

That and this afternoon’s Masthead focus on a key issue for the industry’s future growth.

The untold story about manufactured housing is that most businesses are honorable, and most home owners are happy ones.

The Masthead takes a statistical look at manufactured housing, and what Daily Business News readers will find is troubling.

It is also an opportunity in disguise for goal and solution-oriented professionals.

Happy MH Owners? Good Professional Actors? Overlooked, “Honorable People”

The latest Masthead, is linked above. The upcoming MHLivingNews feature, and the new April issue will be posted this weekend. ## (News, analysis, and commentary.)

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

$27+Billion Authorized by HUD, Available for Disaster Recovery, Which Manufactured Home Operations Will Be in Line?

April 10th, 2018 Comments off

BenCarsonHUDSecretary$27billionDailyBsuinessNewsMHproNews

The Department of Housing and Urban Development (HUD) has announced today that they have awarded nearly $28 billion in federal aid to help hard hit areas in nine states, Puerto Rico and the U.S. Virgin Islands.”

 

In a release to the Daily Business News, HUD stated that “Disaster recovery funds to help repair damaged housing, businesses and infrastructure” has been authorized.

So while not all of the funds are available for housing use, local jurisdictions involved will make a chunk of that for precisely that purpose.

More details on the manufactured housing connection to this will follow the complete, formal HUD release to MHProNews, as shown below.

HUDNewsheaderManufacturedHousingIndsutryDailyBusinessNewsMHProNews

— start of HUD release —

HUD AWARDS RECORD $28 BILLION TO HELP HARD-HIT AREAS IN NINE STATES,
PUERTO RICO AND U.S. VIRGIN ISLANDS RECOVER FROM MAJOR DISASTERS

 

WASHINGTON –  The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands.  These funds are provided through HUD’s Community Development Block Grant – Disaster Recovery (CDBG-DR) Program and will address seriously damaged housing, businesses and infrastructure from major disasters that occurred since 2015.

The grants announced today represent the largest single amount of disaster recovery assistance in HUD’s history and include more than $12 billion for major disasters that occurred in 2017 and nearly $16 billion to support ‘mitigation’ activities in areas that experienced major Presidentially declared disasters since 2015.  Mitigation can broadly be described as actions taken to protect communities from the predictable damage from future events.

It’s clear that a number of states and local communities are still struggling to recover from a variety of natural disasters that occurred in the past three years,” said HUD Secretary Ben Carson. “These grants will help rebuild communities impacted by past disasters and will also protect them from major disasters in the future.”

 

Background

On February 9, 2018, President Trump signed Public Law 115-123, which provides $28 billion in CDBG-DR funding.  Congress requires that these funds be used for two purposes:

  1. Up to $16 billion to address remaining unmet needs from major disasters in 2017, including Hurricanes Harvey, Irma and Maria as well as California wildfires and subsequent mudslides.  Congress specified that at least $11 billion of this amount be targeted to Puerto Rico and the U.S. Virgin Islands, with $2 billion targeted to repair and upgrade the electrical grid in these jurisdictions.

 

  1. At least $12 billion to support mitigation activities among CDBG-DR grantees that experienced presidentially declared disasters from 2015 through 2017.  After addressing remaining 2017 unmet needs, the Department is able to make an additional $3.9 billion available for mitigation, bringing amount available for mitigation to nearly $16 billion for recent CDBG-DR grantees.

 

CDBG-DR grants support a variety of disaster recovery activities including housing redevelopment and rebuilding, business assistance, economic revitalization, and infrastructure repair.  Grantees are required to spend the majority of these recovery funds in “most impacted” areas as identified by HUD.  HUD will issue administrative guidelines shortly for use of the funds to address grantees’ long-term recovery needs, particularly in the area of housing recovery.

— end of HUD release —

HUD’s Mission

HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all,” added their release to the Daily Business News.

 

HUDDisasterGrantDailyBusinessNewsMHpronews

Still from HUD video above.

 

HUD Grants and Manufactured Housing Industry Connections

In a follow up question to a HUD official about the follow up and steps involving implementation of what’s announced in this release, MHProNews received the following response.

Each of these states and local communities are now our grantee,” according to our source at HUD. “They must first develop a disaster recovery action plan and publish that for the public to comment upon.  Then they submit to us…we accept…and they begin to implement their long-term recovery strategy.  So, early days.”

Because of association and other legwork, there are potential opportunities for those willing to navigate the bureaucratic system in search of these HUD opportunities.

MarkWeissJDPresidentCEOManufacturedHousingAssocRegulatoryReformDailyBusinessNewsMHProNewsMHARR has always taken the position that manufactured homes can and should be utilized not only as emergency relief housing in areas affected by natural disasters, but as permanent replacement housing as well,” said Mark Weiss, President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR).

MHARR has raised this issue repeatedly with FEMA, HUD and other agencies, and strongly believes that HUD Code manufactured housing — which can be placed in communities quickly and affordably — should have a major role in helping disaster-stricken communities to fully-recover as rapidly as possible,” Weiss told MHProNews

 

Scope of the Funds

To understanding the scope of the dollars available, according to the U.S. Census Bureau, the average cost of a manufactured home in November 2017, was some $71,800.

At that figure, the 92,900 manufactured homes produced in 2017, per federal data, would yield $6,670,220,000 – or $6.7 billion dollars.

So, the HUD community block grants for disaster relief, which often sees local funds included, would be several times the size of what the industry produced at retail in 2017.

As always, MHProNews will provide additional information as it comes available. Stay tuned. ## (News, analysis, and commentary.)

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at the end of the first quarter of 2018 series:

Investors’ View of Manufactured Housing Industry Production & Retail – Cavco Industries (CVCO)

Job and Career Recruiting, Manufactured Housing and You, Part I

“Move, Open, Live” De Rose Industries & Senator Thom Tillis’ Mobile Home Comments

Sun Communities Annual Data and Manufactured Housing Industry Investor Presentation Highlights

Intelligence Report – MHI Producer Spotlights “the Plan” for MHCs, Community REITs

HUD Secretary Ben Carson and Senator Thom Tillis Discuss Affordable Housing and Manufactured Homes, Video

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Manufactured Housing “Top Ten Truths”

April 6th, 2018 Comments off

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Give credit where it is due.

 

CFED/Prosperity Now has done important research for years. In many cases their research promotes manufactured homes as an important part of the solution to the affordable housing crisis.

Granted, CFED – which rebranded as Prosperity Now last year – sticks its finger in the eye of some manufactured home lenders, and some manufactured home community operators. That will be evident in the top ten seen below.

But should the baby be thrown out with the bathwater?  Where is “the industry’s” engagement with Prosperity Now, to come to terms with Prosperity Now on those problematic areas?  That’s another topic, for another time.

On this Flashback Friday report, the graphic shown is a reformatting of their Top Ten Truths about Manufactured Homes.

ManufacturedHousingTopTenTruthsImHomeInnovationsinManufacturedHomesDailyBusinessNewsMHProNewsManufacturedHousingTopTenTruthsImHomeInnovationsinManufacturedHomesDailyBusinessNewsMHProNews5-10-600

One more point that seems to have escaped the notice of too many in manufactured housing, is that CFED led-the-charge over 4 years ago, on the point that manufactured home loans have proven to be sustainable.  In their research, they pointed to a $1.7 billion dollar loan portfolio that they said performed as well or better than conventional home loans.

The Daily Business News plans another look at related topics in the near term. “We Provide, You Decide.” © ## (News, analysis and commentary.)

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Related Reports:

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

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

Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

HUD Code Manufactured Home Production Report February 2018

April 4th, 2018 Comments off

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Washington, D.C. The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased again during February 2018.

 

Just-released statistics indicate that HUD Code manufacturers produced 8,065 homes in February 2018, a 10.2% increase over the 7,312 HUD Code homes produced during February 2017.  Cumulative industry production for 2018 now totals 16,701 homes, a 10.3% increase over the 15,139 HUD Code homes produced over the same period in 2017,” stated the MHARR release to the Daily Business News.

MHARR said that a further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through February 2018  — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:

ManufacturedHousingAssocRegulatoryReformMHARRNewHomeProductionReportFeb2018DailyBusinessNewsMHProNews

The latest information for February 2018 results in no changes to the cumulative top ten list.

 

About MHARR

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing. ## (News, analysis, and commentary.)

Related Reports:

HUD Secretary Ben Carson and Senator Thom Tillis Discuss Affordable Housing and Manufactured Homes, Video

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Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Put Taxpayer Funded Comments to Work for Your MH Location, Monday Morning Sales Meeting

April 2nd, 2018 Comments off

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It isn’t every day that a U.S. Senator tells America that he grew up in a “trailer park” [sic], and later bought a “mobile home.”

SICSicutJournalismDefintionSocietyProfessionalJournalismDailyBusinessNewsMHProNews

 

And it isn’t every day that a world-famous brain surgeon tells America that manufactured homes are “amazing.”

 

Everyone in sales or marketing ought to understand the power of third party testimonials.  What some may – or may not – understand is that the testimonial doesn’t have to be specifically about your location or business.

The video below does both of those points. We posted this revised version of this video on YouTube, which you are hereby authorized to use so long as you don’t alter the video – which means that you can post it to your website.

The embed code your web developer needs is shown below.

<iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/BeHn7xxLnh8″ frameborder=”0″ allow=”autoplay; encrypted-media” allowfullscreen></iframe>

This is simple, and common sense. For maximum benefit, you’ll want to post it prominently on your website, and on social media.

Every major decision – and buying a manufactured home is a big one for most people – involves a ‘weighing process.’  There are the reasons to do something, and other factors that point to not making the same possible choice. It’s stating the obvious. With all of the negative media about MH, you want as much positive to be seen by your prospects.

ScalesDecisionsDecisionsDailyBusinessNewsMHProNews

A video like this could be one more reason to that might tip the scales in your favor. The taxpayers pay these gents salaries. Let those tax payer funded comments go to work for you. ## (News, business tips, analysis and commentary.)

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ThereAreOnly2WaysToLearnOwnOthersExperiencesLATonyKovachManufacturedHousingIndustryMHProNews-575x235By L. A. “Tony” Kovach. Co-founder of MHLivingNews.com and MHProNews.com.

 

“Kevin…the Problem of Your Industry…”

March 31st, 2018 Comments off

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In the video interview with Kevin Clayton, the son of Jim Clayton says what Warren Buffett, Chairman of Berkshire Hathaway says is what’s wrong with the manufactured home industry.

 

Per Clayton, Buffett says it’s resale.

Kevin, it seems to me that the problem of your industry is resale.” – Warren Buffett said to Kevin Clayton, per Clayton’s video interview.

That may seem simple. But it is profound.

In the same video interview posted below, Clayton says that he can see the day when their company’s manufactured homes may also be sold via the Berkshire Hathaway real estate arm.

Another source tells the Daily Business News that Kevin – speaking at an Illinois state association event – said, Resale is the key. As Warren Buffett says ‘the MH industry is not going to grow until we expand the market by improving resale’s” – said Joanne Stevens, whose community brokerage operation is also part of Berkshire Hathaway.

Speaking of real estate, in Buffett’s recent annual letter, he says they now have 3 percent of the real estate agents in the country. ‘Just 97 percent to go,’ Buffett said.

The above begs a question.  Realtors weren’t necessary for the industry to hit is previous highs.  So why are the necessary now?

But setting that question aside for now, with respect to the broader housing market, resale and realtors are important topics. Buffett and Clayton are correct in saying its an issue, as what follows will reveal.

 

Realtors and Manufactured Housing

Among the consulting projects this writer has done in manufactured housing over the years is to successfully get real estate agents to engage with manufactured homes being sold in land-lease communities.

The following observation is neither a defense, nor a hit, on the Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac, and their toe-in-the-water approach to manufactured home lending – especially home only, chattel lending.

If more:

  • realtors were engaged in resale’s of manufactured homes in communities,
  • if the exit strategy for manufactured housing on leased or owned land were easier,
  • it would logically be a game changer for the industry.

Why?  Because it would be a game-changer for lenders, as it could cut hold time and losses on homes that repossess or foreclose.

It would also be appealing for manufactured home owners too, because they would know that they’ve got an obvious exit strategy when the time comes to sell their personal home.

Buffett and Clayton are logically correct.

 

Realtors and Resales of Manufactured Homes

Don’t misread. There are already real estate pros listing and selling manufactured homes.  There are realtors who sell new as well as pre-owned, “existing” manufactured homes.

But a little like the GSEs, for most real estate agents, that engagement is at toe-in-the-water level.

Law Allows Real Estate Personnel to Sell Homes in Your Manufactured Home Community

 

The End of the First Quarter of 2018 in Manufactured Housing

As the first quarter of manufactured housing in 2018 is about to hit the history books, what the past tells us is that the industry’s still at levels far below historic norms.  The chart below is an example.

ManufacturedHomeShipmentTrendsPercentageNewHomeStartsSkylineChampionPowerPointMastheadBlogDailyBusinessNewsMHProNews

 

A combination of factors causes those relatively low levels of new HUD Code manufactured home sales.  HUD and third party data reveal that quality isn’t an issue, so what is?

Federal Data Spotlights Manufactured Home Industry Quality, Regulatory Questions

Among them is a scarcity of independent retailers.

Who says?  Producers of HUD Code manufactured homes, all of whom – including those who are members in the Manufactured Housing Institute (MHI) and the Manufactured Housing Association for Regulatory Reform (MHARR) that were asked about this – confirmed that a lack of independent retailers is as an issue.

As was previously noted in the Daily Business News, some are attempting to address the problem by ‘giving vertical.’ Others told MHProNews that they are considering going vertical. A few have made strong commitments to their independent retailers, and said they would never go into competition with their dealer base.

Beyond the lack of intendent retailers, what else holds the industry back?  Stop and consider these bullets.

  • Berkshire could bridge the gap between real estate (RE) agents and manufactured housing with ease. Why hasn’t that RE agent switch – which Kevin imagined coming in 2011 – been more broadly turned on?

 

  • Berkshire has its own array of newsmaper/media outlets. Why don’t their media outlets do a steady stream of fact-based articles on the wonders of modern manufactured homes?

 

  • Several other challenges facing the industry could readily be addressed by a snap of a finger in Omaha.

 

  • Why haven’t those industry growth steps already occurred? What could be the logical motivation for Berkshire Hathaway keeping a foot on the break peddle of the industry’s growth?  Isn’t that counter-intuitive?

 KevinItSeemsToMeThatTheProblemOfYourIndustryisResaleWarrenBuffettToKevinClaytonHomesManufacturedHousingIndustryDailyBuisnessNewsMHProNews

 

The Answer to those BH Questions…?

Are the same reasons Buffett’s Berkshire brands not boosting manufactured housing, as the bullets above suggest they could be, similar to why Buffett supported POTUS Obama, and then Secretary Hillary Clinton for president?

Both Clinton and Obama opposed changes to Dodd-Frank.  Those changes in CFPB regulations, that Tim Williams, President and CEO of Berkshire Hathaway owned 21st Mortgage said he wanted those regulations modified by MHI’s multi-year – and still unsuccessful – pursuit the Preserving Access to Manufactured Housing Act.

Given the sheer size of Berkshire Hathaway, if one imagines a foot on a brake pedal, artificially slowing the growth of the industry, whose foot’s on that brake? And why?

Is it because the greater percentage of the industry will fall into Berkshire’s hands?  Buffett has said that he loves a bargain.  Buffett has also said that he tells his managers to fight competitors, including by expanding their “moat.”

In that context, isn’t it worth noting that MHI President Richard ‘Dick’ Jennison touted on video his desire for slow growth for manufactured housing? Who did that slow growth serve?

HUD Secreatary Carson was so enthusiastic about manufactured housing’s “Amazing” progress and quality, that he is almost gushing about it in the video posted below.


The professionals working for the GSEs this writer has privately spoken with are impressed with the quality and value of today’s manufactured homes.

When professionals from outside of our industry are properly exposed to manufactured homes, they are routinely blown away by the value.  At a recent trade show, a senior vice president for an international operation told MHProNews that he was shocked that manufactured housing sales levels were so low, given their quality and value.


What did the Urban Institute miss?

Is it what was went undisclosed in their report on manufactured homes?

If you have a long Easter weekend, this may be a good chance to catch up on the study of your own industry. “Warren” – says Kevin Clayton – has studied manufactured housing.

Perhaps it’s time for more industry pros to do the same?  See the linked resources and reports, including the Warren Buffett and Kevin Clayton videos, found below. “We Provide, You Decide.” © (News, analysis, and commentary.)

Related Reports – some with videos – to the above.

DUTYtoServePaulBarrettoFannieMaeManufacturedHousingIndustryDailyBusinessNewsMHProNews550

http://www.mhpronews.com/blogs/daily-business-news/fannie-maes-paul-barretto-news-making-remarks-in-tunica/

Duty To Serve, “Complete Waste of Time” per Tim Williams, CEO/21st Mortgage; POTUS Trump, Warren Buffett Insight$

Killing Off 100s of Independent Manufactured Home Retailers, Production Companies – Tim Williams/21st Mortgage “Smoking Gun” Document 2

NAR’s Yun – No Quick Fixes Spell$ Manufactured Housing Opportunitie$

Documented Results from Manufactured Housing Industry Leadership

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

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ThereAreOnly2WaysToLearnOwnOthersExperiencesLATonyKovachManufacturedHousingIndustryMHProNews-575x235By L. A. “Tony” Kovach,
award-winning consulting, publisher, web, video, recruiting, sales training, business development service provider.

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

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Tech’s Tumble, POTUS Trump & Antitrust Panel Discussion and Potential MH Industry Impact

March 30th, 2018 Comments off

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Among the nation’s many trillion-dollar sectors is housing.

So as tech has taken it’s hit this past week, is it a passing blip?  Or is it as Axios and other media sources suggest, the start of something bigger?

This panel discussion on right-of-center Fox Business looks at some of the factors beyond President Trump and the growing calls in the U.S. for regulatory action – or even a break up – of the tech giants. With markets closed today, this is a timely topic that directly and indirectly can impact the flow of capital.

Will some of that capital flow into manufactured housing?  Should it?

Billions have been pouring into manufactured housing in recent years.  But will even more investment capital be attracted?

Investor$, Manufactured Housing, and Proof of Concept

That related report on why investors may find manufactured housing appealing, is linked above. This is one more aspect of the news through the lens of manufactured housing. “We Provide, You Decide.” © ##

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Blessings on a Friday called Good by Billions of Christians, and Happy Passover to our Jewish Friends and Readers

March 30th, 2018 Comments off

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The markets are closed on Good Friday, and many are making their personal spiritual preparations for their high holy days.

 

A reflection on manufactured housing, set in the context of this day is linked below.

Manufactured Housing’s Professional Crucifixion

We wish all the rich blessings of this day. ## (News, analysis, and commentary.)

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

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

HUD Secretary Ben Carson Tells Senators, Today’s Manufactured Homes “Amazing” Quality and Value

March 29th, 2018 Comments off

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Senate oversight hearings are a mix of the serious and the staged. The same hearing that the video clip below is taken from, included clearly partisan moves designed to embarrass HUD Secretary Carson and the Trump Administration. That’s what drew the headlines in the mainstream media.

 

While some were talking about who did or said what on office furniture purchases, Senator Thom Tillis (R-NC) focused on affordable housing, and on how more Americans could be lifted out of poverty.

Tillis related the opportunities provided by manufactured homes as a ladder of opportunity to his own personal experiences as a youth and young adult.

In that context, Senator Tillis (R-NC) said in Senate oversight hearings last week that, “I don’t think most people recognize that the regulatory burden that we place on the citizens of the United States hit the poorest among us.”

A graphic in the video underscores that point made by Tillis.

Tillis asked Secretary Carson, “…what are you doing, it’s more of a blade level so you may not be able to answer the question specifically,” about regulatory streamlining and relief, with respect to the manufactured housing program?

Sec. Carson thanked Tillis for the question, and after stating some background data about the industry said, “If you look at the progress that’s been made in manufactured housing, it’s amazing.”

A lot of that [manufactured] housing you would not be able to distinguish from site built housing.  And yet the pricing is better,” Carson observed. U.S. Census Bureau data bears that statement out, with the savings over conventional housing about half the cost of ‘site building.’

The regulations are ridiculous,” Carson added.  He explained the regulatory freeze, and that HUD is doing a top-down review announced earlier this year.

 

While there was some phrasing that might have been more precise – perhaps due to the pressures of time constraints – the thrust of the comments by those featured in this video should be music to the industry’s ears.

If Carson and his team follow through on what these video comments indicated, it could mean that the onerous burdens created during the Pam Danner years at HUD may be reversed and improved.  If so, then as unnecessary costs and red tape are avoided, more buyers could qualify for their own home. ##  (News, analysis and commentary.)

Related:

Documented Results from Manufactured Housing Industry Leadership

Now You Will Hear — the Rest of the Story

Successful Professional Couple Spotlights Modern Manufactured Home Living Realities 

Why Are Billionaires Attracted to Manufactured Homes?

 

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

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