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Independent MH Communities, Retailers – NAMHCO’s Susan Brenton Says What Fueled Break from Manufactured Housing Institute (MHI)

March 30th, 2019 Comments off

 

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It is a principle of good medicine and good business that one must treat the underlying cause(s), and not merely the symptoms of an illness or problem.

 

The headline topic will follow this rapid thumbnail of mobile/manufactured home (MH) history, which will prove useful to new and longtime readers alike.  It will also tee up Susan Brenton’s insights in useful ways for industry professionals, investors, advocates, and researchers.

For decades, part of the business model of the mobile home industry – which later evolved into the manufactured housing industry – was that independent retailers sold homes that went either into ‘mobile home parks’ or onto privately property.

During those decades, while some MH community owners sold and/or rented housing, the more common practice was that they developed and then leased home sites to the buyers or owners of a mobile or later a HUD Code manufactured homes. The bulk of those home sales were made by manufactured home ‘dealers’ or ‘street retailers.’

New manufactured home (MH) communities sprang up, as other communities filled up.

MH Retailers and community owners alike benefited from that long-established business model. Note too that this early business model for the industry served and benefited consumers and MHC residents.

In the 1950s through much of the 1990s, MH Communities had to compete for the business of residents. The stories that have become more common in roughly the last 15 (+/-) years of communities closing, being sold off for big box stores or other forms of multiple-family housing redevelopment were not yet occurring. The related displacements of residents were thus not generating problematic events for those owners, nor vexing headlines for those in the industry. The organization of resident groups in MH Communities to ‘defend against’ their ‘landlords’ is a more recent phenomenon. Why? Because MH residents and MHC managers had an alignment of interests.

 

As long-time or ‘veteran’ industry professionals know, the development of new land-lease communities continued into the 1980s and the 1990s. It was after 2000 that the pace of new communities opening began to slow to a crawl, while community closures for a variety of reasons began to pick up steam, and make often sad news.

 

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Community closures like Lowry Grove sparked protests and headlines. But what has routinely not occurred is a deeper look at what has caused these troubling issues in the first place. Estimates on the numbers of community closures now runs into the thousands.  Meanwhile, consolidators are buying up properties from independently owned MHCs. 

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Thousands of manufactured home communities have closed since roughly 2000. By contrast, relatively few new communities have come on-line. That combination of facts impacts industry, consumers, and government alike.  Affordable housing is being lost, but once again, the root causes of the issues are often misunderstood.

 

While somewhat simplified, millions of MH home owners and thousands of MH professionals that reflect back can see that pattern as an accurate reflection of what occurred.

In the 1980s, some may recall the S&L or savings and loans crisis.  There was turbulence in the housing and finance sectors, but not at the same level as occurred in 2008. There were peaks and valleys in the sales of new housing, including what by then was HUD Code manufactured homes.

 

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The use of this graphic here should not be construed to mean that Legacy agrees or disagrees with this thesis. That said, Legacy clearly believes in the future of the business, because they are raising capital to expand their retail base. It was part of their IR information.  This graphic shows the trend lines of both new MH shipments by years, and also the percentage of MH to conventional housing starts.  MH is underperforming on both levels.  The loss of thousands of independent MH retailers is one factor in that milieu. 

 

It was during the resurgence of sales and the production of manufactured housing in the 1990s that several states saw a significant percentage of new single-family housing stock construction were factory-built HUD Code homes.

There are those who say that easy financing fueled that surge in the 1990s. Beyond question, that played a role, because lending is always a factor in robust home sales.

But it is arguably too much to say that easy lending was the only factor. The quality and appeal of manufactured homes continued to evolve after the start of HUD Code homes on June 15, 1976.

The price advantage of manufactured homes over site-built homes remained steady in the 1990s. It was researchers for the Fannie Mae Foundation and Harvard’s prestigious Joint Center for Housing Studies that pointed to such various realities of increasing appeal, durability, energy and purchase cost-savings.  Based on an ever-growing need for new housing stock, those university and third-party level researchers began to project that the trend lines favored a continued growth of the housing market share for manufactured homes.

 

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Why did Belsky miss his predicted date? Because it came before Buffett’s entry into MH? See the more detailed report and video, found here.

 

Belsky was quoted for a time in the literature of the Manufactured Housing Institute (MHI).  But a check of his name today reveals nothing on the MHI website.  Curious?

 

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What Happened?

The two quotes from Belsky above have been pared by the Daily Business News on MHProNews. They should not be thought of as spoken by Belsky as one line after the other. Rather, those two pared thus reflect strong realities that researchers like Belsky recognized.  They are accurate sound-bites that drill down to essential points.

In the 1990s and into the early 2000, there were numerous lenders in the manufactured home space.  Even in the 1980s, there were financial services firms, such as Lenders Services Inc (LSI) or AGIC in cities like Tulsa, OK that acted as middle-men between those banks, S&Ls or other financial institutions and the authorized sellers of manufactured homes.

As the manufactured home repossession rout of the late 1990s and early 2000s occurred, numbers of those finance companies – for example, Ford Motor Credit or the Associates – exited the business. Unlike site-built housing, many of those manufactured home lenders never returned to serve the industry.

By 2003, when Warren Buffett led Berkshire Hathaway bought Clayton Homes, Oakwood Homes, and some associated lending units, the MH industry was down, but not out. As Kevin Clayton said in the video in the report linked here, their firm used to have a road show that met with investment capital sources to raise capital to finance manufactured homes via their own captive lender. At the time, Clayton wasn’t in first or second place among the top producers or sellers of manufactured housing, that was still Fleetwood and Champion.

With Buffett’s deep Berkshire pockets, Clayton Homes need to fret about raising capital to finance new home sales vanished for Kevin Clayton and his firm’s team. Clayton said in the video on the page linked above that it was like saving several weeks a year in time, just because capital and reporting demands had been dramatically reduced.

Wall Street’s taste for MH finance paper had soured by 2004, so Berkshire owned Clayton had more than one strategic edge in the marketplace.

After the 2008 mortgage/housing collapse, which somewhat followed the pattern that occurred in manufactured housing a decade earlier, new starts in conventional housing sank like a rock. So did the values of existing housing. As Belsky observed, credit is part of the lifeblood of all housing.

By the time that Tim Williams from Berkshire owned 21st Mortgage Corp issued the first of his 2 now infamous letters linked here, that cut off of lending effectively took out or ‘knee capped’ numerous independent retailers.  That must not be thought of as a once and done event, as insider tips have revealed that it has occurred on floorplan lending by 21st more recently too.

That loss of thousands of retailers, chronicled in part by the Atlantic, IBISWorld and others, disrupted manufactured housing in several ways.  What they never identified, that tips by insiders to MHProNews did, was what arguably was a key that sparked that collapse.

In no particular order of importance, the loss of independent retailers impacted the following:

  • harmed the interests of the independent producers of HUD Code manufactured homes that sold largely or exclusively through those independents. Several long-time producers were put out of business, why?  In part because of the cascade or domino effect of losing their retailers.
  • The loss of street retailers also harmed the interests of independently owned manufactured home communities (MHCs). Because most communities relied upon retailers to fill their spaces, when retailers vanished, so did many of those new arrivals into MHCs.
  • Needless to say, nearly all aspects of manufactured housing that supply the industry were harmed. From suppliers, vendors, service, utilities, financial services, installers, transporters, experts or consultants, etc.  Lose sellers, production is lost, and a downward spiral occurs. Who benefited?  Consolidators.
  • The loss of independent retailers also harmed the interests of consumers and residents in manufactured home communities. Consider this point, among many that could be listed.  So long as a community is at or near capacity, much like a conventional housing subdivision, the only way to ‘get in’ is to buy an existing home.  That protected the value of those home owners.  When new communities are no longer were being built at the historic pace, and existing communities’ lost residents for a variety of reasons, imbalances occurred.
  • Those imbalances harmed the interests of most independently owned MHCs, and it harmed the interests of the residents in those communities too.
  • Until more land lease communities began to sell their own homes, vacancies meant that their property values were reduced.  These factors harmed consumers and independents, but could be construed to have made property values lower, and thus aided in the consolidation of communities into the hands of consolidators.

 

While there is more to that historical outline, that is sufficient to set-the-table for the comments of Susan Brenton to other independents Thursday afternoon, 3.28.2019.

 

What Susan Said…

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Brenton wears more than one hat, including duties for the new NAMHCO trade group.

Susan Brenton from the National Association of Manufactured Housing Community Owners (NAMHCO) shared several examples of issues that from her perspective and that of her community owner/members that the Manufactured Housing Institute (MHI) had failed to resolve for years.

In some cases, per Brenton, there were issues that she raised with the Arlington, VA based MHI that they were uninterested in addressing.

Let’s look at an example she gave.

While MHI is posturing with their members to this day that they are working with the Government Sponsored Enterprises (GSEs) to get more lending, NAMHCO has taken that ‘bull by the horns’ and began making a direct effort.

In doing so, they learned that locally based team members of Fannie Mae didn’t even know what manufactured housing was.

That’s stunning, given that the Duty to Serve (DTS) manufactured housing became federal law, in good measure though the efforts of the Manufactured Housing Association for Regulatory Reform (MHARR) to get that into the Housing and Economic Recovery Act (HERA) of 2008.  Rephrased, more than a decade after HERA and DTS became law, and Fannie Mae officials that Brenton and her colleagues met with had no clue what a manufactured home was?

That speaks volumes.

That also begs these questions. How can the GSEs claim to be fulfilling their Duty to Serve Manufactured Housing when their own team has examples of employees unaware of what our industry does?  How sincere can the GSEs be at fulfilling the law, when their staffers have so little understanding of the industry that they are supposedly going to serve as mandated by federal law?

 

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Another discovery Brenton shared with independent retailers, producers, and other attendees on Thursday was the following. There were potential avenues for ‘carve outs’ from the Consumer Financial Protection Bureau’s MLO rules that MHI was reportedly disinterested in addressing. Brenton was reportedly told by their staff that MHI’s plate was too full to consider working with another group Brenton and her colleagues encountered that was doing seller financing.

MHI was too busy to consider working with them, even though Brenton and their communities were dues paying members.

Out of frustrations like those that clearly harmed the interests of independently owned communities, community associations broke ranks from MHI.  Here is how Neal Haney put it.

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Once the rules of engagement and methods used by an opponent are better understood, then one can often predict what will follow. 

 

It remains to be seen what NAMHCO’s direct lobbying efforts with the GSEs will produce. But at least an effort is being made.

What in hindsight is increasingly clear is that the ‘smoking gun’ of the letter by Williams at 21st not only harmed the interests of independent retailers and producers of HUD Code homes.  It arguably likewise harmed the interests of independently owned communities, residents, lenders, and others in the industry supply and services chain.  Never forget that even U.S. Bank, who was doing profitable and successful lending in MHVille post 2003, finally exited the business after MHI failed to head of the implementation of the rules of Dodd-Frank.  U.S. Bank cited low sales volumes and the regulatory risks from making those loans.  Other examples could be named, but that makes the point.

 

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Some Takeaways from Fix the MH Industry Tricks Meeting

We will return to some of the other lessons and insights from Thursdays “Fix the MH Industry Tricks” meeting in the near future.  But for now, let’s note the following ones.

The school of hard-knocks from the domino effect of what Berkshire brands arguably caused as outlined in the account here is one that continues to be unpacked. Millions of residents, and thousands of independent owned businesses have been harmed.

Meanwhile, Arlington, VA based MHI did…what?  They certainly appear to have taken the Omaha-Knoxville party line. Whatever seemed to be contrary to that Omaha-Knoxville-Arlington axis’ goals went unaddressed.  That’s not just true for communities, it is true for retailers too.

 

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Some pundits, such as blogger George F. (F?) Allen have attempted to mischaracterize the work of MHI and MHARR. MHI clearly says of themselves that they represent “all segments of factory built housing,” that means retail, communities, lenders, suppliers and the like, not just producers. By contrast, MHARR clearly says that their focus is on the interests of the producers of HUD Code manufactured homes. So while MHARR has an indirect interest in lending, communities, or retail, that is not their mission. That said, MHARR members and leaders have voted to support the establishment of new post-production groups that would faithfully represent the interests of retailers, communities, and other segments of the industry. Allen’s characterization is arguably false, erroneous, or deliberately misleading. What is sadder, perhaps, is that Allen and Spencer Roane claim to represent the interests of communities. If so, why don’t they loudly and proudly call out MHI and Omaha-Knoxville for the ways that they’ve harmed other communities, and independents at large?

 

Brenton told the retailers, independent producers of manufactured homes, and the other interests represented Thursday at the “Fix the MH Industry Tricks discussions that she absolutely saw the value to creating a new non-production trade group that retailers and others could participate in.

What she implied was clear, as Haney or MHI award-winner Marty Lavin has previously said. If the interests of the big boys don’t align with those of the independents, it is only the big boys that benefit from MHI.

 

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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?

 

Closing Notes of Keen Importance – Who Didn’t Come

Despite being personally invited to attend, neither Kevin Clayton, Joe Stegmayer, Tim Williams, Tom Hodges, or any MHI staff leaders opted to attend.  Why not?

 

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These are some of those who have been invited to attend. We blocked out the specific email address, to respect their professional privacy. But the company or organizational names are shown on the above.

 

They were given the specific opportunity to explain or debunk to the industry attendees their respective views regarding the various allegations made by MHProNews, MHLivingNews, MHARR, NAMHCO, and a variety of others.  Their silence is their constitutionally protected right. But their silence also leaves the record of our publishing unchallenged. Our allegations stand on the merits of their own words, documents, follow-the-money trail and trend lines, plus that Kevin Clayton video evidence.

Two ‘publishers’ of MH industry news were also specifically invited by our publisher to attend the “Fix the MH Industry Tricks” meeting. One of those two was Darren Krolewski of MHInsider.  Apparently coming and perhaps having to write about the meeting wouldn’t fit their pro-Clayton, pro-MHI, pro-big boy narrative?

Maybe that is why their magazines go largely un-picked up at Tunica and elsewhere?

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A photo of another rack at Tunica appears almost untouched. The industry’s pros, given a choice between fluff and reality often chose the real deal.

 

The other publisher specifically invited was one that privately called Clayton “evil,” but he nevertheless said he didn’t want to buy into the concerns over antitrust and other legal or MHI related issues.  That same publisher that thinks that Clayton is evil” said he wants to get along Clayton and MHI, and gladly publishes only “fluff” that makes the industry “look good.”

But how does one cure a problem who’s root causes are largely going unaddressed? Once more, one is left with the medical or good business practices analogy mentioned at the top of this article.  If the only thing that is dealt with are symptoms, then the core issues will continue to fester.

 

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Finally, while not specifically invited, other industry bloggers and writers failed to make the “Fix the MH Industry Tricks” scene. Where was George F. (F?) Allen?  Where was Spencer Roane, Kurt Kelley, Suzanne Felber, or others?  Did they not want to hear accounts like those of Brenton, that might shake up their “inclusive,” self-serving, and ‘happy talk’ industry views? These are not meant as personal slams against any of those mentioned, who can be very pleasant people. Rather, these are valid questions as to what drives those that publish content that industry readers are supposed to ‘learn’ from.

One of those that wasn’t able to attend that was among those that said they wanted to said this. ‘You guys are the only publication [MHProNews] that deals with the realities of manufactured housing.  Thanks for telling it like it is and standing up for the [interests of] independents in the industry.’

As the above should also reflect, standing up for independents is also standing up for the legitimate rights of consumers. When the system is rigged, there are a variety of consequences that arguably harms taxpayers, potential and current manufactured home owners, plus the businesses that seek to serve them.

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

 

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“Major Step” in Independent National Post-Production Manufactured Housing Advocacy Taken, Per Trade Group

January 8th, 2019 Comments off

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It has been one of the more-read articles on the Daily Business News on MHProNews, which means it is one of the hotter topics in the manufactured housing industry.

 

And today, the Manufactured Housing Association for Regulatory Reform (MHARR) said the following about NAMHCO – in their take on the topic previously reported by MHProNews. More after their full release, which begins below.

 

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MHARR News Item — Independent National Manufactured Housing Post-Production Association Takes Major Step

 

INDEPENDENT NATIONAL MANUFACTURED HOUSING

POST-PRODUCTION ASSOCIATION TAKES MAJOR STEP

 

Washington, D.C., January 8, 2019 – The National Association of Manufactured Housing Community Owners (NAMHCO), a new, independent association representing a key manufactured housing industry post-production constituency, has announced a major step in its initial organization and the start of national-level advocacy activities to better and more effectively represent the post-production sector in Washington, D.C. Accordingly, essential activity to begin addressing and correcting a major gap in the manufactured housing industry’s national-level representation in Washington, D.C. is starting to gain important momentum.

After announcing its formation as an independent organization in late-2018 — including as members (among others), state manufactured housing associations which had previously withdrawn from the Manufactured Housing Institute (MHI) — NAMHCO, issued a News Release just before the start of 2019, stating that it has now retained the services of a lobbying consultant in Washington, D.C. to act on its behalf at the national level, where multiple issues continue to vex the manufactured housing industry’s post-production sector with significantly negative consequences for the entire industry and American consumers of affordable housing. Indeed, the industry – the nation’s premiere source of non-subsidized affordable housing — after a nine-year rebound from historically-low production levels reached in 2009, has just suffered its third consecutive month of flat-line or negative growth – at a time when production levels, due to an unusually strong national economy, should be booming.

In large measure, the industry — since 2000 — has seen its growth unnecessarily thwarted, undermined and impeded by a combination of factors primarily affecting its post-production sector. With manufacturers producing their best, highest quality homes ever, and with production-related regulatory issues at the federal level reduced to some degree in recent years by the highly-focused efforts of the Manufactured Housing Association for Regulatory Reform (MHARR) in conjunction with the administration of President Donald J. Trump, it is in the post-production arena – and most particularly the failure to effectively address and remedy major issues affecting zoning, placement and especially consumer financing for HUD Code manufactured home purchasers – where the most significant constraints have been imposed on the industry and its ability to serve the millions of mostly lower and moderate-income American families that want and need affordable, non-subsidized homeownership, and rely on manufactured housing to fill that need.

While HUD Code manufacturers and other smaller and mid-sized industry businesses have — and have had for nearly thirty-five years – independent, aggressive, national-level representation in Washington, D.C. through MHARR, that type of independent representation has been almost entirely absent for the post-production sector and most importantly, its thousands of smaller, independent businesses, since the National Manufactured Housing Federation disappeared as an independent entity and was subsumed into MHI decades ago. And, indeed, the formation of NAMHCO is consistent with the call for an independent, national-level, post-production manufactured housing association set forth in a study, presented to and approved by MHARR’s Board of Directors in 2017.  Furthermore, this new entity will create opportunities – and a venue – for other state associations that have been seeking better and more effective representation of their post-production members in Washington, D.C., particularly with respect to the key issues of zoning, placement and consumer financing.

As was anticipated by MHARR’s study, the establishment of this new association could – and hopefully will – help to encourage and create potential areas of policy cooperation and synergy between MHARR and NAMHCO with benefits for the entire industry (and particularly its smaller, independent businesses) as well as consumers. MHARR has already communicated with the leadership of NAMHCO regarding matters of mutual interest, and will continue to follow-up as appropriate in the near future.

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.

Manufactured Housing Association for Regulatory Reform (MHARR)

1331 Pennsylvania Ave N.W., Suite 512

Washington D.C. 20004

Phone: 202/783-4087

Fax: 202/783-4075

Email: MHARRDG@AOL.COM

 

— 30 —

See our related report on this same topic, which includes other details. That’s found below the byline and notices. 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.

 

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What Just Happened, to Cavco, Independent Communities, Retailers, and Manufactured Housing?

November 25th, 2018 Comments off

 WhatJustHappenedCavcoIndustriesIndependnetMHCommunitiesRetailersandManufacturedHousingSundayMorningRecapMHProNews

Every Sunday morning for several years, we provide this popular week in review.

 

It helps answer the question, ‘What Just Happened?’ It will also suggest a few answers to a question that hasn’t been asked, what’s coming up in this week ahead?

Drama.

Some of it is ‘manufactured drama.’

Some of it was arguably avoidable drama, as in the case of Cavco Industries, whose stock has tumbled over an SEC subpoena over trading by Joe Stegmayer, MHI’s Chairman and now ex-Chairman and CEO at CVCO.

On the plus side, there are more details linked about the Legacy Housing (LEGH) IPO below.

If you were out of town, you might have missed the MH Whistleblower…its both fun and serious.

Then there’s local drama, like the story about a manufactured home community owner who’s property is threatened with closure, but who is fighting back. That story includes local news video, and numerous exclusive comments from the targeted owner, and is linked below.

There’s a new move called NobleHomes, and #NobleNotMobile.  That report is likewise linked below.

Then there’s the MHIdea, a blast at MHI from veteran manufactured housing independents in the retail sector.  They’ve publicly said in their own words, enough of the failed leadership and monopolistic games by the big boys and their Arlington-based trade association. That interesting – historic – move and report are among those listed further below.

There are things to be thankful for, and in the spirit of the season, there’s a nice nugget we’ve published about MHI in a thanksgiving story found below.

There are good things shared from and about MHARR too.

Then there’s a report yesterday that will have thousands saying, ‘what’s that all about?‘ Facts are facts. One reader was laughing when he called, but another was ‘you’ve got to be kidding,’  No joke, the facts are what they are.  And that report spotlighted facts, the money trail, and evidence that Omaha and Knoxville may have a hard time explaining away.

Stunning.

Then there’s a new Masthead on truth detection 101. If you want to learn how to spot a lie or a con job, it’s insightful, practical – and even inspirational – reading.

Among the vexing topics reported below is one about homelessness, because it is arguably being fostered by flawed policies.  Our industry could be part of what fixes that problem.  When the needs are so great, and one solution is obvious, why are manufactured homes bucking so many headwinds?

What just happened?

Discover it all for yourself.  It’s awaiting your gaze and professional curiosity. The headlines of the week from Sunday 11.18.2015 until 11.25.2018 are  all found below in the broadest, deepest, most read, trade media in all of manufactured housing.

A special word of acknowledgement to the Dick Jennison, from MHI, and Timothy W. Williams, of 21st Mortgage Corp.  Yes, that’s code, but they should get it, and so will numerous others who are thoughtful readers of this report and what follows below.

Our thanks to you, and our thousands of readers who faithfully logged on daily during a holiday week for many.  We thank our sponsors, clients, news sources, and all for making and keeping us #1 for MHVille “Industry News, Tips, and Views Pros Can Use.” ©

With no further adieu, discover what just happened in over 20 linked reports from the week that was, all found below.

NOTICE: the page routinely displays better using a Microsoft Edge web browser or Apple’s Safari browser than in Google’s Chrome browse, which manipulates a website and content more. 

 

What’s New on MHLivingNews

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Giving Thanks for Mobile Homes, Manufactured Homes, Classic “Mobile Home Parks” and Manufactured Home Communities

Giving Thanks for Mobile Homes, Manufactured Homes, Classic “Mobile Home Parks” and Manufactured Home Communities

 

 

The Latest from MHARR

HUD Publishes Final Revised RV Exemption Rule

HUD Publishes Final Revised Rv Exemption Rule

 

 

What’s New on the Masthead of MHProNews

TheMastheadCommentaryLATonyKovachMHProNews

Failure, Success and Profitable Truth Detection for Manufactured Housing

Failure, Success and Profitable Truth Detection for Manufactured Housing

 

 

What’s New on the Daily Business News on MHProNews

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Saturday 11.24.2018


Center for Public Integrity – Stunning Clayton Homes-Warren Buffett-Berkshire Hathaway Manufactured Home Lending Truth Outs

Center for Public Integrity – Stunning Clayton Homes-Warren Buffett-Berkshire Hathaway Manufactured Home Lending Truth Outs

 

Friday 11.23.2018

Are Flawed Policies Fostering Homelessness, Crime? What Happens When Affordable Housing, Including Manufactured Homes, Are Lacking

Are Flawed Policies Fostering Homelessness, Crime? What Happens When Affordable Housing, Including Manufactured Homes, Are Lacking

Dow Falls 178+ Points, Worst Thanksgiving Week Since 2011, Plus MH Market Updates

 

Public Official, ABC News, Manufactured Home Community Owner Clash Over Resident Concerns

Public Official, ABC News, Manufactured Home Community Owner Clash Over Resident Concerns

Take One – Data Driven U.S. Outlook in 2019 and MHVille

Take One – Data Driven U.S. Outlook in 2019 and MHVille

 

Thursday 11.22.2018

Yes, Thankfully There’s Times Manufactured Homes Earn Bipartisan Praise in Washington, D.C. Metro

Yes, Thankfully There’s Times Manufactured Homes Earn Bipartisan Praise in Washington, D.C. Metro

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

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

MH Silver Lining? Residential Construction Report, Oct 2018, per HUD, Census Bureau

MH Silver Lining? Residential Construction Report, Oct 2018, per HUD, Census Bureau

Fascinating Thanksgiving Factoid, Socialism Preceded Thanksgiving in America

Fascinating Thanksgiving Factoid, Socialism Preceded Thanksgiving in America

 

Wednesday 11.21.2018

MH Marketing Insights – Where are Americans Moving? U.S. Moves, by State – Charts, Video

MH Marketing Insights – Where are Americans Moving? U.S. Moves, by State – Charts, Video

Market Woes? No Recession, Says Goldman Sachs, Plus MH Equities Updates

Market Woes? No Recession, Says Goldman Sachs, Plus MH Equities Updates

#NobleNotMobile, New Contest and Video Program Launched, Exclusive Details

#NobleNotMobile, New Contest and Video Program Launched, Exclusive Details

What’s the Truth About Thanksgiving in MHVille?

 

Tuesday 11.20.2018

Manufactured Housing – MHVille, It’s Not a Matter Open to Interpretation

Manufactured Housing – MHVille, It’s Not a Matter Open to Interpretation

 

FAANG – Increasingly Tied to Factory-Home Building – Takes $1Trillion Tumble, Drags Markets – Plus MH Equities Updates

FAANG – Increasingly Tied to Factory-Home Building – Takes $1Trillion Tumble, Drags Markets – Plus MH Equities Updates

Builder Confidence Drops, Post Midterms, Affordability Concerns Rise

Builder Confidence Drops, Post Midterms, Affordability Concerns Rise

MH Communities Reminder, Assistance Animals – HUD Order Levies Landlord Fine

MH Communities Reminder, Assistance Animals – HUD Order Levies Landlord Fine

 

Monday 11.19.2018

Investor Fright Bites FAANG, Drags Equities, Plus MH Market Updates

Legacy Housing IPO, Lending Tree, & New HUD Ruling Updates

Legacy Housing IPO, Lending Tree, & New HUD Ruling Updates

16 Tons, and MH Whistleblowers

16 Tons, and MH Whistleblowers

Beautiful, Harsh, Priceless Realties from a Master Builder, Monday Morning Marketing, Sales, Meeting

Beautiful, Harsh, Priceless Realties from a Master Builder, Monday Morning Marketing, Sales, Meeting

 

Sunday 11.18.2018

Hedge Fund’s Cavco Move, and More from Inside MHVille

Hedge Fund’s Cavco Move, and More from Inside MHVille

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

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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:

The Coming Breakup of Berkshire? MHI? Plus Sunday Headline Recap 10-14-2018 to 10-21-2018

 

 

CATO/YouGov Research Reveals Surprising Views of Clinton, Trump Voters, Free Speech, Political Correctness

November 6th, 2017 Comments off

StateOfFreeSpeechToleranceInAmericaCatoYouGovSurveyDailyBusinessNewsMHProNewsThat the nation – and thus Washington, D.C. – are polarized is no secret.

That big pieces of legislation impacting manufactured home owners, businesses, and investors has been stuck in the halls of Congress, due in part to polarization is widely known too.

But just how wide is that gap?

To what degree are people willing to discuss political issues today that impacts everyone?

Those are some of the issues that a YouGov survey recently completed for the Cato Institute dives into in a release to MHProNews.

While Democrats and Republicans have seen various topics differently for many years, the degree of those differences now are also examined in the Cato/YouGov survey.

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That the contemporary divide impacts lobbying, or legislative efforts ought to be self-evident.

In their release to the Daily Business News, those the Cato/YouGov poll results and some of their top level takeaways are documented.  A point that’s implied is also worth noting, as it reflects the challenge that pollsters today face.  Namely, if people –more likely on the right, per Cato/YouGov research – are much less willing to reveal their honest views, how does that impact voter surveys in a run-up to any given election?

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Over Half of All Americans…

Per the Cato/YouGov’s data, over half of all Americans feel silenced by political correctness.

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That “self-censorship” caused by the political climate is corrosive of the state of the Union and of free speech at many levels.

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Before diving into written analysis of the top lines of the research, note how the Cato Institute describes themselves as, “a libertarian think tank dedicated to the principles of individual liberty, limited government, free markets, and peace. Our vision is to create free, open, and civil societies founded on libertarian principles. Cato does not undertake lobbying efforts, back political candidates, or engage in political activities. It does not associate with any political organization or party. In order to maintain its independence, Cato does not accept government funding, but receives approximately 80 percent of its operating budget through tax deductible contributions from individuals, with the remainder of its support coming from foundations, corporations, and the sale of books and publications.”

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Cato/YouGov Top Lines by Select Categories, Plus Full Survey Download

Washington, D.C. – The Cato 2017 Free Speech and Tolerance Survey, a new national poll of 2,300 U.S. adults, finds that nearly three-fourths (71%) of Americans believe that political correctness has silenced important discussions our society needs to have. The consequences are personal—58% of Americans believe the political climate prevents them from sharing their own political beliefs,” stated their release.

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Clinton Voters Can’t Be Friends with Trump Voters

Nearly two-thirds (61%) of Hillary Clinton’s voters agree that it’s “hard” to be friends with Donald Trump’s voters. However, only 34% of Trump’s voters feel the same way about Clinton’s. Instead, nearly two-thirds (64%) of Trump voters don’t think it’s hard to be friends with Clinton voters.

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Other Interesting Findings Include the Following

It follows that a solid majority (59%) of Americans think people should be allowed to express unpopular opinions in public, even those deeply offensive to others,” per the release commentary from Dr. Emily Ekins.

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“On the other hand, 40% think government should prevent hate speech. Despite this, the survey also found Americans willing to censor, regulate, or punish a wide variety of speech and expression they personally find offensive, said Ekins.

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Other bullets:

  • 51% of staunch liberals say it’s “morally acceptable” to punch Nazis.
  • 53% of Republicans favor stripping U.S. citizenship from people who burn the American flag.
  • 51% of Democrats support a law that requires Americans use transgender people’s preferred gender pronouns.
  • 65% of Republicans say NFL players should be fired if they refuse to stand for the anthem.
  • 58% of Democrats say employers should punish employees for offensive Facebook posts.
  • 47% of Republicans favor bans on building new mosques.

Americans also can’t agree what speech is hateful, offensive, or simply a political opinion, said Ekins, per the Cato/YouGov research.

  • 59% of liberals say it’s hate speech to say transgender people have a mental disorder; only 17% of conservatives agree.
  • 39% of conservatives believe it’s hate speech to say the police are racist; only 17% of liberals agree.
  • 80% of liberals say it’s hateful or offensive to say illegal immigrants should be deported; only 36% of conservatives agree.
  • 87% of liberals say it’s hateful or offensive to say women shouldn’t fight in military combat roles, while 47% of conservatives agree.
  • 90% of liberals say it’s hateful or offensive to say homosexuality is a sin, while 47% of conservatives agree.

These data show why censoring offensive speech is difficult—Americans can’t agree what speech is offensive or shouldn’t be allowed,” said Cato’s Director of Polling, Ekins.

What is deeply offensive to one person may simply be a political opinion to another. These data show that if we silence speech that any number of people find offensive, we will shut down a wide variety of important political debates,” Ekins stated.

The complete research by Cato/YouGov with Ekins commentary and analysis is available as a download, linked here. ## (News, research, analysis.)

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