Archive

Posts Tagged ‘fact checks’

Useful Manufactured Housing Institute Provided Info, MHI M.O. Revealed

January 11th, 2019 Comments off

 

UsefulManufacturedHousingInstituteLogoInfoMHILogoMORevealedDailyBusienssNEwsMHProNews

Imagine a system methodology or modus operandi (M.O.) that win, lose, or a even a so-so outcome was still rewarded. Hold that thought for later.

 

Next, let’s turn to the Manufactured Housing Institute’s latest ‘news’ update to their members.

Using the ‘wheat and chaff’ approach to analysis, MHI provided two fairly useful downloads, linked 116th Congress leadership linked here and what federal agencies are impacted by the federal shutdown, linked here.

Those downloadable MHI fact-sheets open with objective facts – which can be useful in a variety of ways.  Both MHI fact sheets close with some a type of self-promotion of MHI, arguably designed to position themselves favorably with their readers. Understandable. It should be noted that as was reported by MHProNews last year, some of these ‘MHI reports‘ are purchased by MHI from third-parties, and MHI ads some tailored items to make it more useful to themselves.

 

What’s Missing from the Latest MHI ‘News Update?’

Entirely missing from MHI’s January 9.2019 report is the fact that manufactured housing shipments have declined.  See the screen capture/graphic from their email, below.

ManufacturedHousingInstitueLogoMHIlogo

“Thank you” and “Thanks” are among the most common comments from MHI and other industry members for fact checks and analysis like this. Readership has skyrocketed since we ramped up the analysis of MHI information, in an effort to hold them accountable for their performance.

 

MHI will have to address that in their monthly shipments report, but based upon experience and some early clues we are obtaining, that is likely to be dry.

Update, since this article was first drafted, that economic shipment data report has come out…and is dry.  More on that below too, but first, back to their 1.9.2019 emailed ‘news.’

MHI has a photo of Leslie Gooch, with a ranking Democrat. It extolled how they have relationships on both sides of the political aisle. That is something that every trade organization seeks to do, so it is nothing special.

 HouseMajorityLeaderStenyHoyerD-MDMHIEVPGovtAffairsChiefLobbyistLesliGoochPhDphotoDailyBusinessNewsMHProNews

 

MHI talks about the Duty to Serve, and financing issues.  

 

MHIEMailNewsUdateJan92019HOusingFinanceReformDutyToServeManufacutredHousingInstituteMHPronews

 

Then, MHI promotes their networking and educational events. These are profit centers for MHI, as a look at the latest Form 990 reveals.

So what does even a brief look at their email reveal? 

1)    What the latest shipments data, and the trend for the last three months reveals, is that manufactured home production is down. During an affordable housing crisis, this has to be a serious red flag.  It is embarrassing to MHI, if they claim to care about the industry. Here is their version of the latest shipment data.  Note that there are no explanations made of why this is occurring, after years of hyping the industry about their promotional efforts.

 

7690NewHUDCodeManufacturedHomesNov2019DailyBusinessNewsMHProNews

ManufacturedHousingInstitutelogoMHILogoMHIVideoStillsMillionsofViewsDailyBusinessNewsMHProNews

This is what MHI is arguably trying to get away from. If they claim they have so much clout, if they claim they have reached millions and millions of potential buyers, then why are shipments going backwards? Who is held accountable for their failure to deliver as promised?

2)    If MHI’s lobbying, education, and promotion were as good as they claim, then the shipment and production data reveals that their efforts are not bearing any positive fruit. One must ask, who does that benefit? Which companies that are MHI members ‘win’ if other MHI member or non-member industry companies lose?

3)    In the light of this analysis and fact check, what is apparent is that MHI has ignored the single most important topic for the day to day needs of the manufactured home industry. Namely, the numbers of new homes and sales. Everything else is arguably feel good, razzle dazzle, made to make them look important to those who are too busy to analyze these trends for themselves.  This is arguably one of several reasons MHProNews is the runaway #1 trade media: who else among industry trade media is telling readers, investors, and advocates like it is?  For example, see the linked textbox/image report below. Compare that to MHI’s. See which one is more useful to you as a professional or investor.

 

Manufactured Home Production Decline Accelerates in November 2018

 

Oligarchs and Buffett’s Buffet?

MHI insiders have made it clear that the networking portion of the events are pleasant. Being part of an educational panel is a status symbol. Getting an MHI award is seen that way by many too. Let’s look at those in reverse order. 

A1) MHI awards are arguably disguised marketing for MHI. Companies that win an MHI award, often pay for a press release to make it clear that they won that MHI award. The award is mentioned on websites. So, for the fairly low cost of a trophy or plaque, for as long as the ‘winner’ of an MHI award uses that in their marketing, MHI gets ongoing adverting as a result. Awards are thus a cheap marketing investment by MHI, with long term returns. 

A2) Furthermore, to someone who checks into the realties behind the MHI puffed up image, discovers facts like the ones shown below. 

 

ManufacturedHousingInstituteLogoMHIBoardOfDirectorsLogoMHIExecutiveCommittee

 

B1) The networking is pleasant and has some value. But it is also become known as the oligarchs and Buffett Buffet. Big inside companies that want to acquire smaller firms often do that cultivation at those networking events. So, smaller firms are arguably paying for the right to becoming a meal for a larger firm.  Given the Buffett ‘value’ purchase mantra, the purported reason that the industry isn’t growing is as it could is because that keeps values of properties and businesses lower. So are MHI meetings thus Buffett’s buffet?

 

MHInetworkingeventLesliGoochPHDexpertManufacturedHousingInsitutteLogoMachiavellianHousingInstituteLogo

Satirical MHI logos are provided under fair use guidelines.

Manufactured Housing Institute Housing Alert, Affordable Housing Crisis, MHI’s #NettlesomeThings Response

The Bottom Line?  The MHI MO?

When it comes to MHI – and their allies – news, arguably caveat emptor applies. Let the buyer beware. A mix of facts, head fakes, and razzle dazzle red herrings may await.

CaveatEmptorLegalLatinNYBarBuyerBewareDailyBusinessNewsMHProNews

 

There’s more in the related reports, linked following the bylines, offers, and disclosures.

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

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

RichardDickJennisonMHIPresidentPhotoBrianMontgomeryEnhancedPreemptionFHATitleChattelLoans1010RuleTimWilliamsDontLearnFromHistoryDailyBusinessNewsMHProNews

 

A new national association is taking shape, former MHI members who left their group in disgust.  Another new one is said to be forming.  The Manufactured Housing Association for Regulatory Reform is also formed from ex-MHI professionals. That’s reality.  And that is this afternoon’s “News through the lens of manufactured homes, and factory-built housing,” © 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.

(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.

New Era in National U.S. Manufactured Home Community Representation Underway?

Independent National Manufactured Housing Post-Production Association Takes Major Step

Production Decline Continues in November 2018

Comparing Conventional Housing Data for November 2018, to Manufactured Housing Industry Data, Nov 2018

Still relevant, 1 year later is the fact check below.

‘We Want Your Money’ – 2018 MHI Membership, Infographic Fact Check

 

 

 

 

 

Crisis of Misinformation, Fact Checks, and Manufactured Housing

November 29th, 2018 Comments off

 

CrisisOfMisinformationFactChecksandManufacturedHousing600x315

 

America and our industry are suffering under several interrelated issues. Let’s do a quick survey with links to details, and then push onto a specific and time sensitive example for manufactured housing.

 

One is arguably the problem of monopoly, impacts many industries, not only ours.  That is not today’s focus, but was reviewed in some detail via a look at the New York Times recent article on that vexing issue, which is linked below.

 

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

 

There is misinformation about hot topics like climate and energy.  This absolutely impacts manufactured housing on numerous levels. See that new report, linked below.

 

Climate Change, Energy, Riots, and Manufactured Housing in Green Era

 

There is economic misinformation. The economy is sound, but stocks have been on a roller coaster. The two are not the same – the economy and stock markets – but they can and do influence each other over time. See a snapshot linked below, which includes links to more details, that report is linked below.

 

Fed Chair Powell’s Full 24 Minute Economic Speech, Stocks Roar, Plus MH Market Updates

 

Then there is consumer confidence, which is near record highs.

Consumer Confidence High Heading into Holidays, Per Conference Board, Retail Sales Surge

 

Input Across the Industry’s Various Divides

Before pushing ahead to a new example of misinformation, let’s note that our sources include those who support, question, and oppose the Manufactured Housing Institute (MHI). They include those working with or for Clayton Homes, or other Berkshire Hathaway owned brands.  Among the calls and messages this week was an MHI member who thinks there is a factual question in the report linked below. We’ve invited that professional to provide the data that would clear the matter up. We on the Daily Business News on MHProNews always want to get the facts correctly, period.

 

 

Clayton Homes Owned Sales Centers Reveal Surprising Trend

 

But our sources above said what they said.

It is also fair to say that calls and messages come in thanking us for our industry-leading trade publishing. Specifically, the comments are often for having “the guts” (per an executive) to say what the facts, documents, reason, money trail, and trends point toward. We give MHI and the Berkshire Brands – or their surrogates – the ability to correct the record if there is any factual or logical error.

They know it, and we document it.

Instead of directly responding to us, MHARR, or others, MHI and the Berkshire brands have at times used an indirect approach to responding. An exception was their attack by name on the new manufactured home community owners association. That report, ICYMI or need a refresher, is linked below.

 

Nathan Smith, SSK Communities, and Manufactured Housing Institute (MHI) Slam New National Manufactured Home Communities Group in Written Statement

 

Our hunch is that they won’t try that direct attack approach again any time soon.  It leaves them to vulnerable to fact-based counterpunches.

Setting the table in that fashion, let’s look at what arguably is misleading ‘information’ claimed by the Arlington, VA based MHI.  When we say MHI, that automatically implies it was authorized at some level by their purported Omaha-Knoxville masters.

The fact check is from their brand new MHI video, which they doubtlessly paid a solid 5 figures or more for, all with the goal of influencing people, just like you. Let’s dive in.

 

New MHI Self-Praise Video – Stills for Fact and Reality Checks

In fairness, what follows is not in the sequence that MHI presents it, because some of what they say could be true, but is arguably irrelevant. For example, how many people show up to their Congress and Expo is of interest to them, because it is a profit center for MHI. But what does the number of booths or attendees at their event actually mean to the bottom lines of tens of thousands of manufactured home communities, dozens of producers, of HUD Code homes, or hundreds of independent retailers, from coast to coast?

Not much.

What does matter is what MHI claims in terms of their self-proclaimed marketing of the industry, and what the bottom line impacts are.

For purposes of this analysis, let’s not quibble over the accuracy of their data claims. Let’s simply accept what they assert at face value, for the next few moments. Notice the grandiose numbers they say MHI says they reach with their marketing?

 

ManufacturedHousingInstituteLogoMHILogoScreenCpaturesMHIvideostatisticalclaimsDailyBusinessNewsMHproNews

 

These MHI claims beg the next question. What is the bottom line impact of all those millions of touches with consumers that MHI claims they’ve had?

The answer? Not much, if anything. Who says? MHI’s own data!

 

ManufacturedHousingInstitutelogoMHIlogoNewHomesShippedDailyBUsinessNewsMHProNews

 

Everything else about their video are details and commentary.  If MHI is doing such a great job, why are is manufactured housing only doing about 24 percent of the volume that was achieved 20 years ago?

 

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews600

RVsshipmentsTrailedMH1998WinnebagoDailyBusinessNewsMHProNews

 

MHI timed their new video in time for membership renewals and new member purposes.  Compare the quality of what they did with their modestly viewed ‘story telling’ videos last year, or the Clayton stigma issue video (see related report, linked, below).

What does MHI want the industry’s independent money for, anyway? This is where quotes or paraphrases by industry professionals – like Marty Lavin – makes sense.

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

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

There are logically only a few possibilities.

FollowTheMoneyPayMoreAttentionToWhatPeopleDoThanWhatTheySayMartyLavin6MillionYachtManufacturedHousingIndustryDailyBusinessNews600

Lavin is an MHI award winner, and a success story in communities, retail and finance.

 

They include, but are not necessarily limited to:

  • MHI does not know how to market the industry’s homes. The proof is in their own screen captures, above.
  • The industry’s post-production association could do better at marketing and education, but won’t. That’s a logical option, that need only be asked.
  • The Arlington association is posturing an effort, that doesn’t actually move the needle, because that gives them cover for their actual purpose. That unstated possible goal or purpose? To see the manufactured home industry continue to consolidate into the hands of a few major players.
DannyGloverQuoteItsNotOnlyAMonopolyOfWealthItsAmonopolyofInformationasWellDailyBusinessNewsMHproNEws

Danny Glover quote from the fascinating video documentary, Shadows of Liberty, posted on the linked page above. Some comparison of facts, linked here.

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding

Collage by MHProNews.

KennyLipschutzQuotePoorJobOfLobbyinginMHIndustry-postedMHProNews48thMHINCClist

 

There are arguably reasons why MHI and their buddies in Knoxville or beyond won’t debate their performance in public.  What they are beginning to understand is that fact-checks like these are just as powerful, because it takes their claims, their words, and shows how they have failed in bottom line performance.

SpinMisdirectionRedHerringDuckDodgDismissDistractDetractDefame6DsManufacturedHOusiungInstitute

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

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

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

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:

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

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

Giving Thanks for Manufactured Housing Independents, Applauding “MHIdea!”

 

Clayton Homes “New” Image Campaign, Surprising Facts Behind Have it Made Stigma Attacking Video

MHARR Releases Study Recommending Independent Collective Representation for Post-Production Sector

 

New National Manufactured Housing Association Makes Its Appeal to Industry Members

 

 

Manufactured Housing Industry Facts, It’s About More, Per Economic Expert’s Insight

August 1st, 2018 Comments off
AffordableHomeOwnershipManufacturedHousingIndustryDailyBusinessnewsMHProNews550x315

The top right graphic is an example of a useful MHI data point. The “Wheat and Chaff” is the wise way to a approach any information source. Keep the good, reject what’s not.

There appears to be considerable confusion about a variety of facts regarding modern manufactured homes, as well as the manufactured housing industry. Why?  Let’s tee up this topic, before diving into this relevant research, and today’s timely fact check.

 

Accurate Information Matters

When reading mainstream media reports, or research being done by third-parties at non-profits, universities, etc., there are often modest to significant errors found about manufactured homes.

During live presentations, hundreds of industry professionals have been asked by our publisher a variation of this question. ‘Does misinformation about manufactured homes (MH) hurt our MH industry’s sales?

Routinely virtually every hand in the room will go up.

So, by an almost universal acceptance by those motivated enough to attend a seminar, accurate information about MH matters.

The reputation of the MH industry – and to an extent, its integrity – can be influenced by the accuracy of the data about manufactured homes.  Rephrased, inaccurate information logically hurts sales, and harms our industry’s image.

Before diving into the focus of this particular fact-correcting analysis, the Daily Business News will remind readers about this potent fact check about tornadoes.  If the general public realized that the odds of not dying during a tornado in 2017 were over 1 million to one in favor of the MH resident, wouldn’t people feel more confident about buying a manufactured home?  Just think, only 1 out of a million died during a tornado in 2017.

Per room after room of raised hands by industry professionals during live seminars, thousands of industry pros believe more of the public would by a manufactured home, based upon accurate information.

“Even When We Had a Hurricane, It Wasn’t This Bad,” Profitably Decoding Post-Windstorm, Survivor of Possible Tornadoes Statement, Impacting Manufactured Home Community, Manufactured Housing Industry

Nevertheless, to date, only MHProNews and MHLivingNews have routinely promoted that kind of data, which is based upon National Weather Service’s reporting.

CompareMobileHomeTrailersPastManufacturedHomesSaferMoreDurableQuoteScholasticiaGayCororationPhotoSmallPercentageDamagedDuringHUrricanesMHProNews

The good news is that some state associations and the NAR (see above) have started to address this, as the report linked above noted.

So, accurate information matters. It matters to:

  • Investors,
  • Bankers,
  • Public officials,
  • Professionals in or considering the manufactured home industry,
  • Affordable housing advocates,
  • Economists,
  • Media,
  • Policy makers, staffs, politicos,

and the public at large.  Accurate information is presumably why MHI wants members to fly-in once  a year to Washington, D.C.  and hand out information packages to staff and members of the House and Senate in the Congress.

 

Why Is There So Much Misinformation About Manufactured Housing?

What contributes to, or is the origin of, some of those factual questions and concerns from third parties?

Let’s note for accuracy and fairness that no one source is fully responsible, nor is any one professional exempt, from striving to learn and accurately share the facts about the modern manufactured home industry.  We value input from our readers, and when an error is spotted, we want to correct it.

Each person reading this is to some degree, is either part of the solution, or part of the problem. That’s reality.

The Daily Business News will look at what should be a simple issue, which regrettably is being mistakenly proclaimed in error to the public, policy makers, influencers, and the media.

Let’s look at a recent data-dispute, and the facts about manufactured housing’s contribution to the U.S. Gross Domestic Product (GDP).  The GDP of an industry helps others measure its significance.  The larger the GDP, the more important the industry.

The Manufactured Housing Institute (MHI) has said that manufactured housing’s contribution to the United States of America’s (USA) Gross Domestic Product (GDP) is “almost $3 Billion dollars.”

Others, depending on MHI’s data, then repeat that claim.

But is that MHI figure, previously disputed several times by MHProNews, accurate?

We asked the National Association of Realtors (NAR) Scholastica ‘Gay’ Cororaton, Certified Business Economist (CBE), to explain how GDP is calculated.

Does GDP use wholesale or retail sales figures?  Note, ICYMI, the report linked below reflects corrections made about manufactured housing by Cororaton in a NAR report.  She as an economist understands accuracy, and has made corrections as needed herself, and thanked those who helped with those corrections.

Realtor University, Journal for the Center of Real Estate Studies, Makes Corrections– “The Market for Manufactured Homes,” by Scholastica ‘Gay’ Cororaton, CBE

Here was her on-the-record reply was to MHProNews.

GDP is measured at the retail price because the retail price determines what  the FINAL user spends.  Not wholesale price because wholesalers still sell to retailers, who then sell to consumers (as the final users),” said economist Cororaton.

She added that “The final users can be consumers, businesses (for fixed investments and inventory), the government, and foreigners (exports).” What that means in part is the sale of FEMA units to the federal government is part of the GDP.

However, the price of imported goods are excluded (GDP is a measure of domestic production),” NAR’s Cororaton said.

ScholasticaGayDCororatonDBEResearchEconomistNationalAssociationRealtorsWashDCManufacturedHousingIndsutryDailyBusinessNewsMHProNews507

Composite information from LinkedIn.

She then pointed us to additional authoritative evidence, in the form of the Bureau of Economic Analysis (BEA).

The BEA recently provided MHProNews with the latest GDP data, cited by the Trump Administration in saying that the GDP in Q2 was up 4.1 percent. It doesn’t get more official than the BEA, does it? Cororaton emailed a BEA primer on the issue, available as a download, linked here.

MeasuringTheEconoimyBureauofEconomicAnalysisDailyBusinessNewsMHProNews

This is an authoritative reference on calculating GDP, per Certified Business Economist CBE, Scholastica ‘Gay’ Cororaton.. To download the report, click here.

 

MostMenAppearnNeverConsideredWhatHouseIsNeedlesslyPoorAllTheirLivesHenryDavidThoreauManufacturedHomeLivingNews

Many who first explore manufactured housing say or wonder, “this sounds too good to be true.’ Manufactured housing professionals must understand and anticipate that reality. Part of the secret is accurate information, not hyped or error plagued information. For newcomers to the website not familiar with modern manufactured homes, learn more by clicking the image above or the link here.

 

Why Does this Matter to MHVille? Just the Facts…

For some time, MHI has been publishing information that far undervalues the industry’s contribution to the GDP.

Using MHI’s own information, which has rounded up in some cases, the correct GDP – per the BEA’s and CBE Cororaton’s formulas – would be over $6.5 billion a year, not “almost $3 billion…”

 

GeneralINdustryProfileManufacturedHousingIndstiutteMHIDailyBusinessNewsMHProNews

This is “updated” in June 2018, but still has errors. Note, there are improvements from some prior fact-checks by MHProNews, but still several errors. How are third parties to know what is accurate about the MH Industry?

Not only is that a more accurate total, but isn’t $6.5 billion more than twice as impressive as “almost $3 billion” for the manufactured home industry?

Then why does MHI use an arguably flawed, and inaccurate total for the industry? Remember, MHProNews has published a higher, more accurate estimated GDP previously and brought that figure to MHI’s attention.

Now that an respected economist with NAR is confirming the correct formula, will MHI finally change that erroneous, embarrassing, and industry diminishing, claim? Will MHI check their math, and make the necessary corrections?

 

Only Two Possibilities

1)        MHI can ignore the error, as they have other mistakes and apparent spin or hypes about some of their claims (think S 2155, for a regulatory example). An example is the correct count on communities. Once more, it’s MHI’s own members, past and present, that have said their current manufactured home community count is too low.  Their June 2018 data, reflects a change that is still inaccurate.  Why?

Frank Rolfe, Dave Reynolds, George Allen, Manufactured Home Community Controversy Continues

 

Note that when we published that article linked above, MHI said that the count was “37,524 land lease communities.” In their June 2018 updated graphic, shown above, they now say almost 40,000.”  Why not make a more complete and accurate correction?

As a result of their ongoing unwillingness to correct such data points, not only media and researchers, but corporations have published incorrect information to potential investors.

So, based upon past experience, it is entirely possible that MHI will ignore the facts, and keep claiming a data point that’s debatably embarrassing to the industry. Or:

2) MHI can do what’s right, and make the correction, which is the minimum that they should do. But will MHI do as NAR’s Cororaton did, and credit the sources for the correction?

ScholasticaGayCororatonCBENARRevisionsRealtorUniversityDailyBusinessNewsMHProNews598x493

Accuracy matters, and giving credit to sources matters to third parties. “The time is always right to do the right thing.” – Martin Luther King, Jr.

Adults make mistakes.

But don’t mature adults admit error, make corrections, and then move on? What will MHI do? What will their action or inaction say about the organization? How will MHI’s actions reflect upon the industry?

Two state associations have broken ranks with MHI, over their stated concerns that MHI has failed to represent their interests.  More recently, they’ve launched a new national communities association (see related reports, linked further below).

State Associations, Companies Quit Membership in Manufactured Housing Institute, (MHI), One Explains in Writing, ‘Why?’

Why would MHI understate, after they’ve been informed previously about the error?  How can they claim it is accidental?  What other reason might make sense?  Could it be that they are trying to understate the industry’s size, to discourage new entries into the industry? Isn’t that similar to what MHI President, Richard ‘Dick’ Jennison did by understating the industry potential for more rapid growth? What CEO of a national association argues for slower growth? It sounds pretty to say ‘sustainable,’ but the industry sustained several times this sales level in the past. Who benefits from slow growth?  What normal non-profit organization rewards a CEO like that, with a bonus, contract extension and more pay?

 

A respected non-MHARR industry voice has challenged retailers to organize and leave MHI, similar to what communities are starting to do. He believes that the majors have “weaponized” certain aspects of national association’s work, using these words:

“…If retailers would bow up and tell the MHI manufacturers they want dues paid to a new association rather than MHI there will be change. I do believe the majors have weaponized regulation that further entrench their companies or widens and deepens their moat. Keep my name off it please but I’ll support the efforts if [there] is enough backbone out there.”

MHI members are encouraged to get MHI to change their incorrect reporting of data, just as they are encouraged to get them to be more transparent on other past errors.  See the Howard Walker related report, linked below.  Is there any excuse for repeatedly making the same mistakes?  “We Provide, You Decide.” © ##(News, analysis, and commentary.)

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

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

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.

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

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:

New Manufactured Home Industry National Association Related Statements

Howard Walker, Mensch – Equity LifeStyle Properties (ELS), Manufactured Homes Retrospective

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

Manufactured Housing Latest Shipment Data, Trends, Compared to Conventional Housing Growth

November 6th, 2017 Comments off

USCapitolBuildingWashingtonDCLatestManufacturedHousingIndustryHUDCodeShipmentReport“…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 grew once again during September 2017,” said the Manufactured Housing Association for Regulatory Reform (MHARR) per official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD).

Just-released statistics indicate that HUD Code manufacturers produced 7,580 homes in September 2017, a 3.5% increase over the 7,322 HUD Code homes produced during September 2016. Cumulative industry production for 2017 now totals 68,419 homes, a 14.2% increase over the 59,889 HUD Code homes produced over the same period in 2016,” said the release to the Daily Business News on MHProNews.

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 September 2017  — with cumulative, monthly, current year (2017) and prior year (2016) shipments per category as indicated – are,” as follows, per the MHARR statement.

TopTenManufacturedHousingIndustryStatesCumulativeShipmentsDailyBusinessNewsMHProNews720

The latest information for September 2017 results in no changes to the cumulative top-ten list, the release stated.

In a response to an inquiry in a separate but related statement to MHProNews, MHARR’s president, Mark Weiss, JD, noted the growth trend for the MH Industry since hitting bottom in 2009.

ManufacturedHomesProduction2009to2016NewHUDCodeManufacturedHomeShipmentsManufacturedHousingAssocRegulatoryReformMHARRDataResearchMHProNews

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.

mharr-hud-manufacturedhousingmonthlyproductionreport-manufacturedhousingindustryshipmentsdailybusinessnewsmhpronews

Credits: MHARR, HUD, Wikipedia.

HUD Code Recovery Post-2008 Compared to Single Family, Multi-Family Recovery

While manufactured housing professionals are widely encouraged by the gains made since the industry hit bottom in 2009, there are also areas of concern that become evident when compared to the recovery in the conventional housing industry during the same time frame.  Note the far more rapid recovery of single family home starts, per U.S. Census Bureau data. 

Using the MHARR compiled data above, the industry has grown some 63.3 percent from the 2009 baseline to the close of 2016.  Using Census data, shown below, during that same time frame, single family home starts have increased some 75.56 percent. To rephrase, the industry is growing at a slower pace during the affordable housing crisis than far more costly conventional housing is.

USCensusBureauUSSIngleFamily2006to2016MultiFamilyHousingStartsDailyBusinessNewsMHProNews730

Thousands of the manufactured homes being shipped are going into land-lease communities to be used as rental housing there.

Also, about 18 states are either flat, declining or increasing only modestly.  See the report, linked here## (News, research, analysis.)

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

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

 

HUD’s Pam Danner Confirms Manufactured Housing Institute (MHI) Industry Data, But Other Questions, Problems Remain

October 13th, 2017 Comments off
MadeInAmericaManufacturedHousingInstituteMHIManufacturedHomesProductionDailyBusinessNewsMHProNews_001

Much of MHI’s data has for years been passed onto state association, the media and others. When MHI errors, it creates a cascade of errant data.

Pam Danner, JD – the current administrator for the Housing and Urban Development (HUD) Manufactured Housing Program – recently confirmed for MHProNews some of the research that the Manufactured Housing Institute (MHI) has done (see graphic at the top left.)

Danner had a staff member thoughtfully and promptly provide information in response to a media inquiry by MHProNews.

But some data in question Danner did not confirm, nor deny, which MHI has completely failed to address.

More Problems with MHI Statistics?

As MHLivingNews and the MHProNews have recently reported, MHI has published several pieces of data that are factually inaccurate or in question.

Click the graphic above to see the report, which features incorrect MHI data, which is fact checked and corrected by MHLivingNews.  

So, the question on MHI produced manufacturing data was ripe for a fact-check.  Because as MHI members have told MHProNews, investors, lenders, and researchers care about such data.  When it turns out that MHI has published information that turns out to be inaccurate, it can created added concerns that may not otherwise exist.

ManufacturedHomeCommunitiesGraphicManufacturedHousingInstituteNationalCommunityCouncilDailyBusinessNewsMHProNews

MHI member Frank Rolfe’s company puts this total at certainly 44,000 communities, that they say they’ve verified. Rolfe estimates the total to be at least 45,000 or more. MHI member George Allen puts the total at an estimated 50,000. Why did MHI opt to publish the lowest total number, which MHI sources say was provided by MHVillage/DataComp?

For years, MHI has told its members and Congress via handouts that for every new HUD Code home built, it is essentially equal to one new job.

The graphic at the top right would indicate that it is closer to one job for every two homes.  What causes that discrepancy?  MHI has not yet responded to that issue.  Yet, it could be important for those seeking to open a new production center, congressional staffers measuring the industry’s contribution, and so on.

MadeInAmericaManufacturedHousingInstituteMHIManufacturedHomesProductionDailyBusinessNewsMHProNews_001

Much of MHI’s data has for years been passed onto state association, the media and others. When MHI errors, it creates a cascade of errant data. Will MHI update this as new factories come on line? Or will they allow this data to grow stale, and under-report the industries true size?  Inside and outside of the industry, facts and accuracy are important.  

Furthermore, while 81,000 is “close” to the number of HUD Code homes produced in 2016, the official statistics – depending on which association one listens to – is about 81,100.

Because the facts and truth matters, the industry’s leading trade media is asking MHI to explain the discrepancies, and to correct the record on all the facts which MHLivingNews and MHProNews have brought to light. “We could start issuing Question Marks and Pinocchios, but would prefer to see MHI simply correct the record, for the sake of accuracy,” MHProNews’ publisher stated. ## (News, fact checks, and analysis.)

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

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