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Investors, Professionals, Planners, Advocates – Examining Affordable Manufactured Home Industry Market Potential

March 13th, 2019 Comments off

 

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There are already some 22 million in the U.S. living in
pre-or-post HUD Code homes, but what is the potential for the market?

 

Several reports independent of the manufactured housing industry in 2018 established the value of modern manufactured homes.  Several stated that manufactured homes were an important part of the solution for the affordable housing crisis.

A summary on several of those third-party studies that reflected positively on manufactured homes is linked here and further below, following the byline and notices.

So, there are already groups that see the value of manufactured homes, but there are also those outside of MHVille that think of our form of factory-built housing as homes for the poor, working, or lower middle class.  Some in our industry believe something similar. But is that a fair assessment?

The short answer to that subtopic is ‘yes and no.’ How so?

On the one hand, researchers reveal that the average income of HUD Code manufactured home residents is significantly lower than that of conventional housing. That’s a large market that is worth serving.

But it would ignore the reality that thousands who make far more than the average – and chose manufactured home living. Manufactured homes are desirable regardless of income.

  • MHLivingNews has interviewed millionaires who live in manufactured homes. There are also reports there of billionaires who own manufactured homes – even a single sectional.
  • MHLivingNews has also interviewed upper middle class owners of manufactured homes. There are likewise numbers of prior owners of conventional housing that own and praise their manufactured homes.
  • There is also Kid Rock video with the performer, his Rolls Royce, private jet and his manufactured home.

 

KidRockRollsRoyceManufacturedHomePoDunkOffiicalVideoDailyBusinessNewsMHProNews

Kid Rock – Po-Dunk [Official Video] Published on Jul 13, 2017 – 23,196,137 views, as of 3.13.2019 at 1:35 PM ET.

Which bring us to the broader question. Given the fact that numbers of upper-middle-class, plus some millionaires and billionaires have a manufactured home, what is the manufactured housing market potential? Let’s look.

First, to understand the answer to the question, first time readers and those new to manufactured housing must realize that for decades, there have been upscale manufactured homes and entry level HUD Code homes. It is somewhat similar to entry level cars, boats, RVs, other big ticket item industries.

With those thoughts in mind, here’s a snapshot of who could be a potential manufactured home customer.

  • Renters,
  • First Time Home Buyers.
  • Upsizers – including those who may own a conventionally built or other house, but want a larger floorplan home,
  • Downsizers – including those who own a conventional housing unit,
  • Retirees, and
  • Second or vacation home seekers.

 

Rephrased, almost anyone who is properly exposed to the realities vs the myths might want a manufactured home. Renters alone represent some 100,000,000 in the U.S., per CityLabs. iPropertyManagement says that about 33 percent of all households are in rental housing.  That one demographic group – renters – is enough to keep manufactured home producers busy growing in a sustainable way for years to come.  And the 2018 research by the National Association of Realtors (NAR) reflects the fact that millions of those make enough money to qualify for a manufactured home.

 

 

One more Factoid – What’s the Potential in Your Market?

Pointing to Census Bureau information, Melisa Data says that every year in the U.S. “an overall percentage of 14.19 percent annually” are moving from one housing unit to another. That means about 1 in 7 on average in your market are going to be moving every year.  Imagine that every 7th driver, every 7th person at a store, house of worship or wherever you encounter Americans are going to be moving this year.

Viewed as a marketer or sales professional should see this, that’s a huge and ongoing pool of potential prospects. Which begs the following questions.

  • So why are so relatively few prospects coming into your manufactured home community or street retail sales center?
  • Why are significant numbers of those coming into a sales center or community credit challenged than the pool seeking conventional housing?

Each of those 2 bullets are marketing, public relations, and educational issues.  But the fact that some prospects are well qualified, means that others like them can be attracted too. The fact that some millionaires and billionaires own a manufactured home, mean that more could be attracted too.  A look at the data with clear eyes tells the savvy that properly understood, the potential for manufactured housing is astronomical.

Which also means that the industry is underperforming, and it also means that those willing to apply the Sam Zell dictum could soar.  “When others are going left, look right.”  That ‘right’ is manufactured homes, communities, and other segments of the business.  Many underperforming means others could and should be outperforming and wildly prospering.

 

2018DataShareofHousingMarketManufacturedHousingInfographicDailyBusinessNewsMHProNews612

 

 

Bottom Line Takeaways for Industry Professionals? 

Whatever the agenda or reasoning process of others who seek to explain manufactured housing’s relatively low performance, the outline above reveals something brighter and more opportunity laden.

It’s an obvious advantage to be able to sell a product or service that costs less than competing alternatives. At present, manufactured homes are the lowest cost permanent housing choice made in the U.S. or Canada.  Here in the U.S., manufactured homes have the advantage of enhanced preemption. There are also multiple story options for manufactured homes that are rarely consider outside of this publication.

 

InfographicMobileManufacturedHomeManufacturedHousingIndustryFactsDataResearchMobileManufacturedHomeLivingNews

 

Those looking to explore this potential for their own business or location should check out the article linked from the text-image box below.

 

Rocking Manufactured Housing Shows, Events, and Marketing Promotions

 

The trump card the industry must use are the power of enforcing existing federal laws. Enhanced preemption is just one of the existing laws that could catapult the industry ahead, at the local level.

 

 

There are numerous reasons for a motivated operation with sufficient access to capital and other resources to be able to grow significantly.

 

 

The facts outlined herein provide reasons for the industry’s investors and professionals to grow at a far more robust clip.  Some of the reasons that the industry isn’t growing faster are found in the linked reports, below. “We Provide, You Decide” © ## (News, analysis, commentary.)

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

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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.

Positive, Uplifting Third-Party Reports Favor Modern Manufactured Housing, So What’s Going Wrong?

DTS Manufactured Home Lending Committee Member Says MHI in “Unholy Alliance” to Divert Needed GSE Support Away from Manufactured Housing

Drilling Down on State Manufactured Housing Shipment Data, Shocking Revelations, Warning Signs

MHI’s Growth Agenda? Rick Robinson, JD, SVP Manufactured Housing Institute, Preemption Evidence, Writ of Mandamus, and Addressing HUD Code Manufactured Home Shipment Woes

Warren Buffet’s Quotable Quotes on Business, Institutions, Behavior, and News Reporting

 

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

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

“Tug of War” – Manufactured Home Community Legislation – “Vicious Cycle Goes On,” Impacting Industry, Home Owners, and Potential Buyers

 

HUD Code Manufactured Home Production Decline Persists – Time For Action Not Excuses

“The Illusion of Motion Versus Real-World Challenges”

 

 

 

 

 

 

 

 

 

 

Discrimination!? Ethnic, Racial Bias by Manufactured Home Community Investigated – Investors and Community Owner Alert

February 21st, 2019 Comments off

Discrimination!EthnicRacialBiasByManufacturedHomeCommunityInvestigatedInvestorsCommunityOwnerAlertDailyBusinessNewsMHProNews

Keenya Robertson is a fair housing advocate and the President of Housing Opportunities Project for Excellence (HOPE).  She said “Something is not right,” per Yahoo News.

 

People are being treated differently because they are from a different country.  That is a violation of the Fair Housing Act,” Robertson said, according to Local 10 News.

 

 

It’s an issue that may not seem to some to be discriminatory, at first glance.  But as one digs deeper, because a country of national origin is involved, it would be an apparent violation of the Fair Housing Act.  The racial composition of those nations may also be perceived as a factor.

MHCSuedAccusedofHousingDiscriminationByDepartmentofJusticeNadeenGreen-jd-for-rent-posted-daily-business-news-mhpronews

Nadeem Green, JD, Fair Housing attorney, author, instructor, now retired.

As years of articles published here on MHProNews by attorney Nadeen Green, JD – the “Fair Housing Lady” – advised manufactured home industry professional readers, the protected classes include: “Race, color, religion, sex, handicap, familial status, national origin,” as the National Association of Realtors™ (NAR) also states.

 

Lakeside Park Estates

In order to become a part of Lakeside Park Estates, a 55-and-older community of mostly Canadians who come to Florida for the winter, a member must first fill out a rental application,” said Yahoo News’ report. “The first page of the application lists what applicants would be charged based on their background. U.S. residents are charged $50, and from there, the prices go up significantly. The highest application fee listed is for natives of Colombia, who are listed as being charged $175 per adult for an application.”

Lakeside Park Estates is owned by Trinity Broadcasting Network, as the sign in the photo below reflects.  It is located just west of Interstate 95 on Pembroke Road in Pembroke Park, in Hollywood, Florida, explained the narrative by Local 10 News.

The property is a 55-and-older community reportedly made up of so-called ‘snow-birds’ who are mostly of Canadians, who winter in Florida.

 

LakesideparkEstatesHollywoodFlDailyBusinessNewsMHProNews

 

The first page of the Lakeside Park Estates application spells out what you’ll be charged to process their application.  That document states that a U.S. resident would pay $50.  But a Colombian would pay $175 per person.

 

ApplicationFeesDiscriminatoryUnequalTreatmentLakesideParkEstatesTrinityBroadcastingDailyBusinessNewsMHProNews

 

Robertson has been a fair housing advocate for approaching a quarter of a century, and she said, “I have never seen anything like it.”

Equality under the law means just that, say the experts.  Investors? Manufactured home community owner/operators?  Is a property you are involved in committing some blatant or subtle form of discrimination?  Bear in mind the related report, below the by line, which will be updated with a planned follow up soon. Stay tuned.

 

MH Industry Pro Takeaways?

In the meantime, it can be less costly to double check your paperwork and procedures, than it is to face litigation with individuals, fair housing advocates, state agencies, or the Department of Housing and Urban Development (HUD).  Bear in mind that in some states there are additional protected classes, as Green has previously said.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our x2 weekly emailed headline news updates, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

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

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(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.

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

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

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

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

 

Related Reports:

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

Puzzling Case of Millie Francis, Where are Religious Liberty, Fair Housing, Resident, and Manufactured Home Organizational Defenders?

 

Arrested! Attorney General Files Charges on Manufactured and Modular Home Retailer, Police Arrest Suspect

“Appalled” said David McCarthy – HUD Cites “Substandard Conditions,” But How Many Multi-Million Opportunities for Investors and Manufactured Housing Pro?

 

21st Mortgage Suit’s CFPB Denial, Exclusive Document on Berkshire Hathaway Manufactured Housing Brands Investigation

Thorns and Roses In Manufactured Home Community Controversy

 

MH Black Eye, or Opportunity in Disguise? Vexing Saga of Millie Francis’ Faith Based Art, Bradenton Tropical Palms ROC, Vanguard Management, Knox and Levine

 

 

 

 

 

 

“Appalled” said David McCarthy – HUD Cites “Substandard Conditions,” But How Many Multi-Million Opportunities for Investors and Manufactured Housing Pro?

February 16th, 2019 Comments off

 

AppalledDavidMcCarthyHUDCitesSubstandardConditionsRatsHowManyMultiMillionOpportunitiesInvestorsManufacturedHousingProsDailyBusinessNewsMHProNews

File photo used to illustrate rat and mold infested property.

Rebecca Luyre at the Hartford Courant reported the cancellation of a HUD Section 8 contract for affordable housing at aging buildings named Barbour Gardens in that city in Connecticut.

 

Protests over the dismal living conditions at a North End apartment complex have cut short the federal government’s $750,000-a-year contract with an absentee landlord, a win for Hartford residents campaigning against slumlords’ grip on city housing,” wrote Luyre for the Courant.

It is a tale that goes well beyond Hartford, CT. In cities and towns across America, there are multifamily and other properties that are marginal or poor in quality, but still get federal or other funding.

 

BarbourGardensHartfordCTHartfordCourantCabriniGreenDailyBusinessNewsMHProNews

 

This tragic tale should stir questions for our industry’s professionals and investors like those that follow.

  • Does this case highlight numerous possible opportunities to profitably correct such wrongs with modern manufactured homes?
  • Why couldn’t investors and manufactured home professionals team up to replace such horrible projects?
  • Wouldn’t the costs often be lower using brand new manufactured homes than it would be for rehabbing aging properties, with the returns coming more rapidly, and with higher ROI?

Depending on the property or configuration of a given site, multilevel and/or single-family manufactured home living could be offered vs. remodeled apartments. Given that HUD also overseas manufactured housing, which enjoys “enhanced preemption,” aren’t the woes that HUD and the public cited in Luyre’s report – linked here – yet another reason why modern federally certified manufactured home sales ought to be soaring?

 

 

Hartford Woes… “Appalled”

This is reportedly the third time in a year in Hartford that “affordable housing” was found to be substandard, and HUD pulled a contract for the federal agency’s support.

DavidRMcCarthyPresidentHeritageHousingIncHUDSection8LIHTCDailyBusinessNewsMHProNewsI was appalled by the conditions of the property, to be completely honest,” David McCarthy said. “I don’t think any subsidized housing should be allowed to fall into that condition.” The property scored a 9 out of 100 on HUD’s report.

McCarthy is the founder and president of Heritage Housing Inc., based in Norwalk, CT.

According to that firm’s website, “David R. McCarthy founded Heritage Housing, Inc. in 2017 and serves as its President.  David has thirteen years of experience in real estate development and acquisitions with a specialty in affordable housing.  David developed or preserved over 1,000 units of affordable housing prior to founding Heritage Housing, Inc. and worked on projects that ranged from 10 to 400 units and from $3 million to $100 million.  He is deeply familiar with 9% and 4% Low-Income Housing Tax Credits; tax-exempt bond financing; HUD Project-Based Section 8 programs and Section 236, Section 221(d)4, and Section 223(f) financing; public housing authority Project-Based Voucher and RAD programs; and HOME / state funding programs.  He has worked on projects in Connecticut, New Jersey, Michigan, and West Virginia.”

Clearly, this scenario reflects the multibillion dollar potential market factory-built housing professionals are leaving largely untapped.  The opportunities for uses of modern manufactured homes go well beyond what is now routinely at play.

Not unrelated, an industry community owner/operator told MHProNews that in their view, the largest competitor to manufactured homes are subsidized rental housing units.

The Courant states that McCarthy had been in talks with HUD, the city of Hartford, and the Barbour Street property’s owner – ADAR Hartford Realty, LLC – since November about buying the 1960s-era brick façade buildings.  The plan was to invest more than $7.5 million in renovations.  How many HUD Code manufactured homes could be purchased and permanently installed in that city for those sums?

 

MostMenAppearnNeverConsideredWhatHouseIsNeedlesslyPoorAllTheirLivesHenryDavidThoreauManufacturedHomeLivingNews

For newcomers to the website not familiar with modern manufactured homes, learn more by clicking the image above or the link here.

 

That Barbour Gardens apartment was described as a “mold- and vermin-ridden complex” that has 84 units for low-income residents.

The conditions became so bad that residents turned to a local church and organized to protest.

Barbour Gardens’ residents-turned-activists rallied around HUD’s decision at a news conference at Urban Hope Refuge Church. They organized last year with support from church pastor A.J. Johnson and his colleagues at the Christian Activities Council, a city nonprofit,” wrote Luyre.

Pastor Johnson said residents “…demand accountability from HUD for the devastation caused to the residents and to the community at large, as the scandal of warehousing the poor and segregated communities has clearly come to light.”

 

Hartford is Far From Alone

That phrase from Johnson rings familiar with those Daily Business News on MHProNews readers who recall how actively retired Rev. Donald Tye, Jr. had blasted the warehousing of people like cattle in such projects.

 

ColumbiaPointHousingProjectBostonMA-AHI-postedDailyBusinessNewsMHProNews

The Columbia Point Housing Project had near the end of its life cycle only some 300 housing units that were habitable. That’s the same number Donald Tye, Jr. used in his example to describe the better way for people and government. Quality, affordable single-family manufactured homes.

RevDonaldTyeJrBusinessmanManufacturedHousingAdvocateDailyBusinessNewsMHProNews

Tye explained his family’s history with factory-built homes, which were positive.

ItsAsWrongtoUseNWordToDescribeBlackAsUseTWordTodescribeManufacturedHomeRevDonaldTyeJr.ManufacturedHousingNotT-railerNotNword

See video interview linked here, and more further below under related reports.

 

Put differently, this sad saga in Hartford has been an ongoing issue with a number of public housing projects for decades.  It’s an issue that spans Democratic and Republican administrations. The scenario described by Lurye’s report could well be playing out in one or more locations not far from you. Which again begs the question, how can the HUD Code industry’s so-called leaders not see the many paths for growth that are available?

 

2018DataShareofHousingMarketManufacturedHousingInfographicDailyBusinessNewsMHProNews612

 

It is arguably one more reason that the Arlington, VA based Manufactured Housing Institute (MHI) has failed not only the industry’s independents, but also hundreds of thousands of Americans like those who are trapped in such poor circumstances as the Hartford Courant described.  It is why #HousingChoice should become part of the industry’s mantra.

Barbour Gardens in Hartford – and any other cases like it elsewhere – are examples why a post-production association – and/or enterprising investors with an informed attorney and manufactured housing professionals in tow – could tap into numerous possible ways of profitably improving people’s lives.

You can learn more from the related reports, following the byline, consulting, professional services, notices and disclaimers below.

That’s this Saturday’s “News through the lens of manufactured homes, and factory-built housing” © where We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(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.

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

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

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

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

 

Related Reports:

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

Affirmatively Furthering Fair Housing, a Novel Yet Proven Solution to the Affordable Housing Crisis That Will Create Opportunities, Based Upon Existing Laws

MHI CEO Dick Jennison’s Pledge – 500,000 New Manufactured Home Shipments

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

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

 

“The Illusion of Motion Versus Real-World Challenges”

“Time to Enforce the Law on Federal Preemption”

 

 

 

 

Zillow Research Reveals Impact of Rising Rents on Homelessness, Affordable Housing Advocates, Public Officials, and Investors Take Note

December 21st, 2018 Comments off

 

ZillowResearchRevealsImpactRisingRentsHomelessnessAffordableHousingadvocatesPublicOfficialsInvestorsTakeNoteMHProNews

In a press release to the Daily Business News on MHProNews, Zillow has timed the results of their own study on homelessness in the U.S.A. near the date that the U.S. Department of Housing and Urban Development (HUD) annual report to Congress occurred.

 

The Zillow findings are eye opening. The real estate website powerhouse asserts, among other points, that HUD has long underestimated the actual count of homelessness in the U.S. by some 20 percent.

 

HomelessnessClimbsFasterWhen_RentAffordabilityReaches22%Threasholds

 

Communities where people spend more than 32 percent of their income on rent can expect a more rapid increase in homelessness, according to new Zillow-sponsored research on the size and root causes of the nation’s homelessness challenge. The research also estimates that the scale of homelessness nationwide has been undercounted by roughly 115,000 people, or 20 percent,” per Zillow’s study.

EffectRisingRentsonHomelessnessZillowResearchDailyBusinessNewsMHProNews

The video posted below gives a snapshot into the report.

 

 

MHProNews will plan a more in-depth review of the Zillow findings, perhaps after Christmas. Because once more, the facts from Zillow and HUD alike point to several vexing issues that should cause minds and hearts to stir into action.

FolksWhoveBeenHomelessFeelLikeICanAfford30PercentWhateverIveGotStartMakingSOmthingOfMyLifeMarybthShinnVanderbiltUniversityMHProNEws

If HUD is correct, and you can see our report from HUD in the related reports linked below the byline and notices, over 550,000 Americans are homeless in the U.S.

New HUD Report Reveals Tragedy of Homelessness, When Solution for Affordable Housing is Hiding in Plain Sight

 

But if Zillow is correct, that number stands at some 660,000 souls.

As Christmas approaches, and tens of millions celebrate of the birth two thousand years ago of the child Jesus in a stable, it seems that public policy has failed hundreds of thousands of our fellow citizens.

The video and research are troubling, but also point to opportunities to turn their plight into a promise for a better future that our industry should be front and center in by making homelessness here history.

That’s “News through the lens of Manufactured Homes, and Factory Built Housing,” © where “We Provide, You Decide.” © ## (News , analysis, and commentary.)

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link 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: Click the text/image box to see that specific report.

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

Scandalous, Presidential Politics, Affordable Housing, Mobile and Manufactured Homes

 

 

 

“It’s a Terrible Idea,” Comments from Manufactured Home Community Owners, Senior Management, and Investors

December 7th, 2018 Comments off


ItsTerribleIdeaCommentsFromManufacturedHomeCommunityOwnersSeniormanagementProducersInvestorsDailyBusinessNewsMHProNews
Skimmer alert: the subject isn’t a video per se.  But we open this Daily Business News on MHProNews with a comment about a new video because it shines a light on broader issues that have drawn comments – also shared below – from a variety of industry personalities.  Many are from the manufactured home community sector.  But other voices from retail and production have weighed in too, as you will see.

 

A company president with interests in communities that has also done retail wrote a long missive that began as follows. “My first reaction when I saw the opening frames [of the Manufactured Housing Institute self-promotional video] was WTF?????  OBVIOUS to me at least that this was made for folks who DON’T know the real details behind the [manufactured housing industry’s current condition] story.  In a depressed industry, with competition slowly being choked out of existence, they [MHI] come out like we’re back in 1999!  What a joke.”

 

Terrible Idea

It’s a terrible idea,” said another large community owner during a 75-minute phone call to MHProNews,to have communities lumped in” with producers, retail, and other industry segments at the Manufactured Housing Institute (MHI). That pro said he hasn’t seen the MHI video, and said he could care less.

Why?

What has MHI done to alleviate any of the concerns” for communities, was the response.  Examples given by the caller included costly installations being mandated by HUD was part of that community owners comment.

He’s far from alone.

The Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac and financing issues have sparked several responses from operations of varied sizes, from coast-to-coast.

MHI pays lip service to communities. Sure, they have their community focused events. But in terms of policies, what has MHI actually done? It’s still a retail and production-oriented organization.”

The dues paid by communities [to MHI] are not that bad,” said one. “But there’s no performance [by MHI] either. I’m waiting to see who will step up and do something that will be helpful for communities.”

MHI provides “a lot of sizzle, but the steak’s still kinda tough. We as an industry are still WAY below where all rationale says we should be, IF ONLY NORMAL MARKET FORCES WERE AT WORK HERE.  I have long felt that to NOT be the case, as you [MHProNews] are also verifying through your investigative reporting.”

Put differently, one of the hot-topics include a growing sense of manufactured home market manipulation and monopolistic practices.  There are many who believe that the industry should be performing far better, but that manipulation of the market has kept the industry at far below it’s capability.

 

 

A Wink and a Nod?

I have no doubt that deals are made [at MHI] with a wink and a nod” that benefits some operations at the expense of others stated a partner in a community operation.

Nathan Smith was a name that drew repeated fire. “What a likable guy, who sadly is working every ——ing day to get politicians elected who harm everything independent business people in our industry stand for and need [in order] to be successful.” Without saying so, it is likely a reaction to the report found by clicking on the hot-linked box below.

 

Nathan & Mary Lee Chance Smith, Leaders in ‘Anti-Trump Resistance,’ Manufactured Housing Impact?

 

I just want an organization that helps keep Big Brother off my back,” explained one, commenting about MHI. “We have modest working-class [MH] communities. There are no clubhouses. Having to put in high-cost pads only increases the costs to consumers. MHI’s promos only shows photos or video of freshly black topped streets, that have double wides1, garages, and swimming pools. Hey, that’s great for those few that actually do offer that, but that ignores the reality at over 80 percent of the properties in our industry. It’s like they [MHI] are embarrassed by the reality that millions are happy to have a home that they can call their own, even if it is modest, it’s theirs.”

 

1 – sic terminology error in the original.  More properly,
multi-sectional manufactured homes. Note to Industry
newcomers – percentages shared by reader comments
may or may not be precise, but can be understood
as broadly on point.

SICSicutJournalismDefintionSocietyProfessionalJournalismDailyBusinessNewsMHProNews

One mentioned a comment by Kevin Clayton, on an occasion when he said that the industry should “…dance with those that brought them to the dance.” Meaning, the industry should not forget the entry level product.  “But this Clayton/MHI new class of homes absolutely ignores the ones that brought manufactured homes to the housing industry dance.  Not providing them with Fannie [Mae] and Freddie [Mac] lending is another case of leaders doing the opposite of what they’ve said. Their program does nothing for community owners, and all of our industry’s existing home owners. It’s outrageous.”

It’s why, one said, so many community people walked out last year from the MHI presentation at their Congress and Expo.  ICYMI, you can learn more about that by clicking on the box in the report linked below.

 

Manufactured Housing Institute “Walk Out,” “Cover Up,” and Shock at their Vegas Event

 

 

What’s Next?

There have been questions and comments about the new national manufactured home community organization.

MHProNews has spotlighted the emerging group, and without endorsing it, has noted that at least NMHCO has condemned MHI’s performance failures for communities, which is a hopeful sign that those organizing community owners not only understand the issues, but have plans to address them.

An industry veteran said the need for MHIdea and the new community organization could not be more pressing, saying in part that while most are figuring out how to do more or better business, “SOME in our industry focus on an entirely different goal every morning:  “What can I do today to make my competition go away?“”

One pro said that whatever MHI or Clayton say they want, automatically sparks skepticism.  She gave an example, citing the fact that MHVillage has launched MH Insider, which has praised Kevin Clayton and MHI makes.  That pro now questions not only that publication, but the parent operation too. “If someone is promoting those con artists,” that person alleged, “after the reports we’ve read [on MHProNews], they are either blind, naïve, or part of their con.”

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

Whistleblower! Ex-Clayton Homes Team Member on TV Denounces Manufactured Housing Giant’s Practices

 

Are Tech and Emerging Trends Threatening to Undermine MH Communities?

An interesting observation has been about the changes on the horizon in transportation. Out West, where Elon Musk and his Boring Company have been doing tests on the hyperloop, there’s a gnawing concern that in conjunction with other trends, that hyperloop could in time undermine community values in or near metro areas.

Some of us [in the community sector] have thought about or sell properties to big box stores or multifamily housing redevelopers. But as technology like hyperloop develops, it may become ever-more important to be resident satisfaction focused. While today, communities have great stability and lots of exit options, that may not always be the case. If so, that could be [a] good [development] for residents, and the industry, in the long run.

 

ElonMuskHyperloopBoringCompanyManufacturedHousingIndustryDailyBusinessNewsMHproNews

This may have been a reference to one of the reports on MHProNews on that topic, see one example, at this link here.

 

More people work from home than a decade ago,” observed another. “Their [a home owner’s] location doesn’t have to be near downtown, or even in a suburb. Where is there any drive [by MHI] to attract that [home buying] audience?

The fact that MHI used Nathan [Smith] to attack the new communities association in their so-called newsletter is [a] clear reason to believe that they know that there’s unrest among many NCC [National Community Council] members.”

Anyone who has gone to a few Congress and Expos knows that they have very low actual attendance at most of their breakout sessions,” said one. “They have a few keynotes [that get better attendance], but beyond those, most [community professionals] take off and talk business with others or are handling calls and messages.”

 

Regarding MHI/NCC meetings:

> Education could be better and more relevant, as often low attendance at actual sessions underscores.

> Lobbying on behalf of actual needs and concerns of communities is almost none-existent.

> Some argue that MHI is undermining communities, by favoring initiatives that tilt toward clients of what previously was known as Clayton Bank, 21st, Vanderbilt, or other Berkshire Hathaway brands operating in manufactured housing.

Some – as was indicated earlier – used choice, blunt words.

Nathan is a disgrace to our industry,” is one example. “How can he be in a leadership role? I wouldn’t be surprised if he helped that d-mned Richard Cordray in his Ohio campaign for governor [the comment came from several states away, Cordray was prior head to the Obama Administration CFPB]. Nathan’s whole schtick is like a carnival barker, an embarrassment to those of us who try to run an honest business.”

CarnivalBarkerWikipediaDailyBusinessNewsMHProNews
DefinitonShtickWikipediaDailyBusinessNewsMHProNews

 

I wouldn’t mind supporting more than one association, if a new group actually wanted to do something real. Once they [a new organization] proved themselves, dropping out of MHI would be no problem.”

Other who aren’t in MHI – but may or may not be members of state associations – are hopeful too.

I’ve been told that the mixers and events [for MHI] exist for two main reasons. They want independents [retailers, communities] to come which raises money for MHI, but it also gives the portfolio operations a chance to —ing schmooze us into selling [to them]. That video you guys have of Nathan [Smith] laughing while he says he wants all the communities for himself says it all. You guys [MHProNews] need to use that Monopolistic Housing Institute logo more, because that’s like a meme that captures what they [MHI] are all about.”

 

 

 

Anger Over GSEs and Financing

 

While community owners like the rates and terms they get on refinancing a property with one of the GSEs, when the topic turns to lending on actual manufactured homes, they often get angry.

It’s worse than an insult to promote this Clayton [Homes] backed ‘new class of homes,” said one. “It undermines what the HUD Code stands for and has accomplished. MHI has essentially helped the GSEs avoid supporting 95% of what consumers want to buy, in favor of something that is totally unproven.”

A concerned producer and MHI member indicated that the lower rate offered by the GSEs on that new class of homes is cancelled out by the far higher cost of the product. That same producer soberly said that the majority of producers couldn’t build such a home the way they are configured.

Put differently, that professional was explaining why most of the 130 some plants producing homes in the U.S. are being undermined by this Clayton/MHI initiative, that they purportedly got the GSEs to buy into.

Another MHI only member producer stressed that modular homes already qualified for GSE lending. “This [new class of homes] was just unnecessary.”

There are clearly conflicting interests at MHI, and they always tilt toward what Berkshire Hathaway wants.”

The two most heard or read words?

Thank you,” with an example from one who added, “for giving voice to those of us who’ve been abused by a train of lies and broken promises.”

You [MHProNews] are smart to be mixing in those videos and reports that teach the basics of what made America great,” because “what the reality of what is happening to our country could cost everything we hold dear if we don’t change [the trajectory of] the culture.”

 

Articles on related topics are linked further below. NMHCO has promised a new, formal statement on their latest is in the works. MH Idea is also found further below. Quotes may or may not represent the views of MHProNews. That’s this afternoon’s “News through the lens of manufactured homes, and factory-built housing,” © 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 browsers.

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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: Click the Boxes Below to Read More…

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“Servants of Satan” vs. Servants of God – Ex-GreenTree, Conseco, Current & Past MHI Members Sound-Off on Clayton, MHI, POTUS Trump, Bush 41, More

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

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Criminal Justice Reform – Fact$ & Why it Matters to Manufactured Housing Professionals, Investors, and America

November 15th, 2018 Comments off


CriminalJusticeReformFactsWhyItmattersManufacturedHousingProfessionalsInvestorsAmericaDailyBusinessNewsMHProNews

Let’s start with some facts.

 

There’s a shortage of construction and other workers. 

That worker shortage impacts manufactured housing, and other builders too.  There is also the cost and consequences of incarceration. 

USCriminalJusticeInfographicCollageDataDailyBusinessNewsMHPronews

According to Wikipedia,In October 2013, the incarceration rate of the United States of America was the highest in the world, at 716 per 100,000 of the national population. While the United States represents about 4.4 percent of the world’s population, it houses around 22 percent of the world’s prisoners.”

 

IncarceratedAmericansPrisonJailpopulationJuvenileDetentionDailyBusinessNewsMHProNews

When did that surge in incarcerations begin?

According to Reason in a 2015 post, “…neoconservative academic John J. DiIulio Jr. warned Weekly Standard readers [in the 1990s] that “These monsters weren’t entirely inhuman. “Under some conditions,” DiIulio allowed, “they are affectionate and loyal to fellow gang members or relatives.” Though “not even moms or grandmoms are sacred to them.” 

All this fear-mongering would eventually be debunked. Over the next two decades juvenile crime, like crime in general, would sharply fall instead of surging. DiIulio himself eventually recanted the superpredator theory. But not before it was adopted by a number of prominent and powerful Americans, such as this woman,” said the libertarian-leaning Reason, which posted the following video. 

 

Rephrased, then First Lady Hillary Clinton made the remarks reflect in the video along with others in support of President Bill Clinton’s sentencing guidelines program.

BillClintonsCrimeBill4MediaheadlinesCriminalJusticeReformDailyBusinessNewsMHProNews

It was a Democratic administration that led the U.S. into the highest percentage of inmates in the world.  While there were voices on both sides of the aisle that wanted that, why is it that some Democrats try to make it sound like this was a conservative-created issue? That’s simply untrue. Without President Clinton’s buy-in and Hillary Clinton’s leadership and support for that cause, it would likely have died in Congress.

SentencingReformTrumpCostIncarcirationUS$1TrillionAnnuallyDailyBusinessNewsMHProNews 

Closed Minds?

There are regrettably millions of Americans who are reflexively anti-Trump.  But the 45th President’s son-in-law, Jared Kushner, has worked with a bipartisan group to craft legislation that may well cross the finish line.  Who says?

Another left-of-center media outlet, USA Today.

 

President Trump Embraces Bipartisan Criminal Justice Reform Legislation 

The ‘First Step Act,’ developed by [Jared] Kushner and a bipartisan group of lawmakers, is designed to improve rehabilitation programs for former prisoners and give judges more discretion in sentencing offenders for nonviolent crime, particularly drug offenders,” David Jackson, Deborah Barfield Berry, and John Fritze report,” said the USA Today. 

The industry and the nation can benefit from the right type of bill. 

MHProNews is not taking a position on the specifics of this legislation.  Rather, we are spotlighting it as one of several topics that a good post-production national association should be objectively paying attention to, and so should savvy manufactured housing professionals, owners, investors, and all others who care about people and justice. We also applaud those businesses that provide prudential second chances to those who want to start over after incarceration.  

That’s this evening’s “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” where “We Provide, You Decide.” © ##   (News, analysis, and commentary.)

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

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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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Actions Speak Louder, But Words Followed by Deeds Matter to MHVille Owners, Professionals and Investors – Plus Sunday Morning Weekly Recap 9.16 to 9.23.2018

September 23rd, 2018 Comments off

 

ActionsSpeakLouderAcornObamaClintonBetoOrourkeTedCruzDailyBusinessNewsMHProNews

Before the recap, further below, and today’s industry-connected commentary, we will begin with a programming note.

 

There is a local post-production issue that is brewing. It is part of a national pattern. The topic is classic efforts to zone out current and future manufactured homes (MH). It is a big issue, one that both national MH associations has noted. But it falls in the self-stated area or interest for the mission of the Manufactured Housing Institute (MHI). Rick Robinson, MHI General Counsel and Tom Hodges, JD, who sits on the Executive Committee for Clayton Homes have been contacted by MHProNews. We’ve documented the contact with MHI and Clayton’s attorney. The local officials involved, plus a number of other attorneys and other interested MH parties have also been contacted.  

MHProNews will let you know who does what.  

An initial report on that hot button, local issue that could impact communities, retailers, residents, and others is drafted and awaiting publication early tomorrow morning here on the Daily Business News on MHProNews.  

The draft can be changed if/as parties respond. Actions speak louder than words. That’s tomorrow’s sneak peak. 

 

Shift One

We will shift gears twice before getting to our headline news recap. Here’s the first shift. Our focus is Texas, and MHVille. But first this disclosure.

This writer has witnessed first-hand politics in three different nations. Iran, Hungary, and here in the U.S. In all countries, you can find candidates who can say or promise anything to get elected. As someone who loves her native land, as someone who went to medical school in the noble nation of Hungary, I can tell you that we were happy to support candidate-now-President, Donald J. Trump in 2016. Fair minded people agree that like his style or not, he has been working day-by-day at keeping his campaign promises.  

That’s why millions love President Trump. That’s also why so many hate him. There is nothing more dangerous to the left wing of the U.S. than a businessman turned politician like POTUS Trump. Recall that 21st’s Tim Williams observed that the progressive movement is at the top of the threats to manufactured housing.

President Trump has also threatens several in the “establishment” or “RINO” wings of the Republican Party. He has made enemies. One might say, he’s made the right enemies.

Now look at the history of Senator Barack Obama, who was previously an attorney and community organizer for ACORN.

On October 18, the Wall Street Journal (WSJ) wrote: “We’ve written about them for years, but Acorn is now getting more attention as John McCain’s campaign makes an issue of the fraud reports and Acorn’s ties to Mr. Obama. It’s about time…”

FactCheck is a “Project of The Annenberg Public Policy Center.” It is funded by the Annenberg Foundation, and has received major donations from Facebook. Follow the politics, follow the money. Facebook founder Mark Zuckerberg is pro-Democratic, and admits he and his many of his companies people are left-leaning. This is what Tim Williams notably said is a threat to MH.

Inside Philanthropy reported about FactCheck that “The organization’s biggest funder is the Annenberg Foundation, which has given over a million dollars to FactCheck.org in the past two years. We can’t resist pointing out the irony here: Walter Annenberg, the newspaper magnate behind this fortune, was not above using his publications to slant the news to advance an agenda.” 

This is part of how “news” is shaped. This is why we’ve shared Sharyl Attkisson’s media chart, and the video documentary, Shadows of Liberty.

This is why it pays to “follow the money,” as Marty Lavin, JD, has said.

At the same time as the WSJ quote above, part of what Fact Check wrote is this, quoting from a McCain-Palin ad.

Announcer: Massive voter fraud. And the Obama campaign paid more than $800,000 to an ACORN front for get out the vote efforts. 

Pressuring banks to issue risky loans. Nationwide voter fraud. Barack Obama. Bad judgment. Blind ambition. Too risky for America.” It is part of a longer message that included, Senator McCain saying, “I’m John McCain and I approve this message.”

Left-leaning backed FactCheck claimed there was no real evidence ACORN. Here’s a key part of how they said it.

On Oct. 16 The Associated Press quoted two “senior law enforcement” officials as saying that the FBI is investigating ACORN seeking “any evidence of a coordinated national scam.” The following day the Obama campaign’s lawyer, Robert Bauer, sent a seven-page letter to the attorney general claiming that federal law enforcement officials were being improperly used to help McCain by suppressing the vote through “unsupported, spurious allegations of vote fraud.” He asked that the investigation be transferred to the special prosecutor investigating the U.S. attorney firing scandal. The McCain campaign issued a statement in which spokesman Ben Porritt called Bauer’s letter “outrageous” and “absurd” and a “heavy handed tactic of attempting to criminalize political discourse.” 

But so far ACORN itself has not been officially charged with any fraud. Aside from the heated charges and counter-charges, no evidence has yet surfaced to show that the ACORN employees who submitted fraudulent registration forms intended to pave the way for illegal voting…”

Fact Check’s full report is linked here. 

But here are two kickers, all of which impacted manufactured housing, but part of which continues to impact manufactured housing, most notably the community sector. 

Less than 18 months after FactCheck said ACORN was ok, the Week reported Scandal-plagued community group ACORN is formally disbanding. It will reportedly reorganise all of its local and state chapters as independent, non-affiliated organizations…”  

And one of those radical spin-off groups from ACORN is connected to MHAction!

Wikipedia notes that in 2009, Project Veritas used an undercover sting operation to help expose the corruption at ACORN. Here’s how Project Veritas described it. “The Power of Citizen Journalism. This Investigation didn’t just expose the corruption at ACORN. It also stunned the corporate media organizations by bringing to light the power of citizen journalism.”

We’ve shown Project Veritas videos before, and can to this point recommend them. They do the work real journalists ought to be doing.

The New York Times reported on October 10, “Mr. Davis said Mr. Obama had worked as Acorn’s lawyer and conducted training events for its leaders. He also noted a payment the Obama campaign made in February to an Acorn affiliate…”

PolitiFact came to a similar conclusion about the McCain ad against ACORN, and then Senator Obama’s role in ACORN, as did FactCheck.  

Who funds PolitiFact?

Per their own website, major donors include the Ford Foundation, which Kevin Clayton has spoken about. It also includes the Bill and Malinda Gates Foundation, which Warren Buffett has made big donations to, and both Gates and Buffett supported Senator Obama and Secretary Clinton for president.

That’s a tiny example of how ‘the game’ of politics and businesses are played in the U.S. This is why following the money, and following the history, are important.  

Don’t be revolted or turned off, vote against those behind the scenes donors who seek to manipulate voters.

Mr. Obama was and is charismatic. But his history is quite like how Dinesh D’Szousa’s video documentaries portrayed him. As president, what the Obama Administration did was harm the independent interests of manufactured housing communities, retailers, producers, independent lenders, and the majority of professionals. He doubled the federal debt in 8 years, after hypocritically condemning President Bush for his lavish spending.  

It may not be politically correct to some, but these are all demonstrable facts. Your ability to advance depends upon acting upon reality.  No one else in MHVille gives you this kind of background, evidence, checking of fact-checkers – all of which impact businesses like yours. 

 

Shifting gears again to Texas and MHVille

That’s a long lead-up to this short commentary. The number one state in manufactured housing for new HUD Code homes is Texas. Texans sell the most new manufactured homes. Texans build the most new HUD Code manufactured homes too.

MHARRDailyBusinessNewsMHProNews

So what happens in the Texas Senate race could be huge, as a recent Daily Business News on MHProNews report further below outlined.

The contest is between Democratic Party candidate Ted Cruz and Beto O’Rourke, who faced off in their first televised debate.  

 

We favored Donald J. Trump over Senator Ted Cruz (R-TX) in 2016. In this contest, MHProNews asks you to support Senator Cruz as better for our industry than Congressman O’Rourke (D-TX).

Senator Cruz has taken positions useful for manufactured housing, like the passage of tax cuts, and S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act.” That’s the bill that rolled back some of Dodd-Frank, that former President Obama promoted and signed into law.

O’Rourke is slick. But his track record aligns with the Clintons and Mr. Obama. See the video. It’s a spirited debate. Watch how O’Rourke plays the game, because his appeal is emotional. He looks sharp, talks sharp.  This is a microcosm of other states too. Left-wing, big-donor money is pouring into O’Rourke’s campaign and allied super-PAC.

But O’Rourke’s policies would be bad for manufactured home owners, businesses, and investors. We suggest you see for yourself, and then get your colleagues to vote accordingly.  See the related reports, among the other stories for the week that was, all of which are found below. 

On the Masthead

TheMastheadCommentaryLATonyKovachMHProNews

The Rich, Famous, PreFab Homes, Manufactured Housing, Hypocrisy, and You

The Rich, Famous, PreFab Homes, Manufactured Housing, Hypocrisy, and You

 

What’s New on the Daily Business News on MHProNews

DailyBusinessNewsLogoMHProNewsLogo (1)

Saturday 9.22.2018


Enemies of Manufactured Homes, Communities; Rent Control, MHAction, George Soros, Ignorance, & Entropy

Enemies of Manufactured Homes, Communities; Rent Control, MHAction, George Soros, Ignorance, & Entropy

 

Friday 9.21.2018

“Decline of Extreme Poverty in Perspective,” Infographic, Report

Did Google, Others Touching MHVille Take Big Step Toward AntiTrust? Plus MH Market Updates

Did Google, Others Touching MHVille Take Big Step Toward AntiTrust? Plus MH Market Updates

HUD Voucher Program – Presentations Video – Manufactured Housing Can Qualify

HUD Voucher Program – Presentations Video – Manufactured Housing Can Qualify

Discerning and Sharing Truth, & Manufactured Housing

Discerning and Sharing Truth, & Manufactured Housing

 

Thursday 9.20.2018

Report: Manufactured Housing Institute (MHI) Follows Prior MHProNews Lead

Report: Manufactured Housing Institute (MHI) Follows Prior MHProNews Lead

New Highs, Tired of Winning Yet? Plus, MH Market UPdates

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

Skyline Champion Makes Major Announcement, Plus “Insider” Look

Skyline Champion Makes Major Announcement, Plus “Insider” Look

 

Wednesday 9.19.2018

1 Million Jobs, Poof! Jack Ma Warns “20 Year Trade War,” Plus MH Market Updates

HUD, Urban Institute Webcast on Housing Vouchers Thursday Sept 20th – Manufactured Housing Opportunities?

Warren Buffett’s ‘Charitable’ Billions – Has Clayton’s Boss Funded Millions of Deaths by Abortion?

Warren Buffett’s ‘Charitable’ Billions – Has Clayton’s Boss Funded Millions of Deaths by Abortion?

Sharyl Attkisson’s “Criminal Invasion” Infographics Thrust into Manufactured Housing, National Debate

Sharyl Attkisson’s “Criminal Invasion” Infographics Thrust into Manufactured Housing, National Debate

 

Tuesday 9.18.2018

If Dems Seriously Want Senate, Texans Beto O’Rourke vs Ted Cruz Key Contest, Plus MH Market Updates

If Dems Seriously Want Senate, Texans Beto O’Rourke vs Ted Cruz Key Contest, Plus MH Market Updates

Electrifying Price Hikes Threatened; Manufactured Housing DOE Energy Rule Controversies Heat Up

Electrifying Price Hikes Threatened; Manufactured Housing DOE Energy Rule Controversies Heat Up

Fall Manufactured Housing Show Features Free Education, Fun, Special Financing, & More

Fall Manufactured Housing Show Features Free Education, Fun, Special Financing, & More

Yom Kippur, Atonement, ADL, Manufactured Housing, Lessons Learned

Yom Kippur, Atonement, ADL, Manufactured Housing, Lessons Learned

 

Monday 9.17.2018

Schoolhouse Rock on This Historic Day

HUGE Hurricane Florence Damage Estimates, Plus Manufactured Housing Industry Updates

HUGE Hurricane Florence Damage Estimates, Plus Manufactured Housing Industry Updates

Appeal in Manufactured Home Community Closure Case Denied

Appeal in Manufactured Home Community Closure Case Denied

“Family Owned,” a Formula for Outperforming “Big Boys,” Monday Morning MH Marketing Sales Meeting

“Family Owned,” a Formula for Outperforming “Big Boys,” Monday Morning MH Marketing Sales Meeting

 

Sunday 9.16.2018

Ending Rigged, Corrupted Systems, Manufactured Housing Advancement, Sunday Headline Recap Week Sept 9.2018 – Sept 16.2018

Ending Rigged, Corrupted Systems, Manufactured Housing Advancement, Sunday Headline Recap Week Sept 9.2018 – Sept 16.2018

Okay, that’s all she wrote this week. Yes, that other guy here helped, but that’s what team work looks like. You can sign up for the most read industry headline news, routinely delivered twice weekly into your inbox, at the link below.  Large to small, they read here and on our emails too. It’s the MH “Industry News Tips and Views That Pros Can Use.” © where “We Provide, You Decide.” © (News, analysis, and commentary.)

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

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

September 7th, 2018 Comments off

 

GrowthFightOnToVictoryOnePeopleOnFamilyOneGloriousNationUnderGodPresidentDonaldJTrumpDailyBusinessNewsMHProNews

Together, we will make America wealthy again.
We will make America strong again.
It’s already happening. We will make America safe again.
And above all, we will make America great again
.”

– President Trump, in 9.6.2018 Billings, Montana Rally.

 

It’s an epic battle by a populist president and “the swamp” he pledged to drain.

Thousands upon thousands of people are in the arena 2 years after the election because he’s keeping his promises. For once somebody is keeping their promises,” said John Happy in a posted comment on YouTube.

Trump is renegotiating bad trade deals creating jobs and bringing back companies who were over seas because our over taxation of business. I used to be a job creator and hired 100s over the years but it’s tough and the tax laws were especially bad for small business like I was. He is bringing back the middle class. He’s shaking things up and frankly the Media along with the Powers that have been behind the Attempt to destroy him and it started in 2016,” Happy said.

President Donald J. Trump flew to Montana yesterday to support “Matt Rosendale, the Republican challenging Democratic Sen. Jon Tester. This is Mr. Trump’s second visit to the state to support Rosendale, the state auditor,” said CBS News.

 

Proud “Deplorable”

Jerry Silver, is a self-described “proud deplorable,” a reference to Secretary Hillary Clinton’s put-down of the tens of millions who supported Donald J. Trump in 2016.  Silver said the following in a post. “Haters are jealous as they DO NOT have anyone to run against Our President with any chance to win! They have Booker, Harris, Warren, Pelosi, Waters, wow, what a group of nothing!! Boycott Democrats, VOTE REPUBLICAN!! MAGA PROUD DEPLORABLE.”

MAGA” of course, is the acronym for “Make America Great Again.”

Michael Gordon said, “Two scoops. Two Terms.”

 

President “Trump is draining the swamp,” wrote Cheryl Ruder. “He has upset the corrupt DC applecart. He connects with the American middle class workers. He is making progress and keeping his campaign promises. The country is doing great and economy is booming now. He is a fighter despite all that hate him and back stab him. Bless this man and [G]od1 keep him and his family safe!”

AmeliaG simply said, “I. WAS. THEERRREEE.”

Happy observed that Secretary “…Hillary [Clinton] couldn’t even get 500 people to her campaign tea parties…” an exaggeration, but not far from the point when some performer(s) were not present a her campaign rallies.  At least Senator Bernie Sanders was able to draw his own crowd during the 2016 campaign.

And that’s the point that much of the 2018 midterms will hinge upon.

Because like it or not, much of the energy in the Democratic Party today is found in self-proclaimed socialist candidates. Like Sanders, they are promising “free college,” or “free healthcare,” as if they could somehow suspend the laws of economics and gravity just by making the claim.

It’s the kind of false promises that have turned once a prosperous Latin American Venezuela into a nation of starving citizens, after only a decade of socialist rule.  Millions have fled the nation, looking for food and work for a currency that doesn’t lose value, day by day.

 

Small Business, Pro- and Con Mobile and Manufactured Home Residents

As the Daily Business News on MHProNews reported, manufactured home residents in groups linked to NMHOA and MHAction are openly embracing Democratic policies.  Yet, a close look at their own statements makes clear that the policies they support have failed residents.

MH Communities, Owners, MH Independents Alert – NMHOA and MHAction Next Steps? – Part 1

 

Only 3 Choices

When it comes to the midterms, there are going to be exactly three groups in two months in MHVille, along with the rest of the nation.

1.)   Those who support the Democratic “resistance,” who are anti-Trump, routinely anti-business, support higher taxes, or more job- and small business killing regulations.

2.)   Those who turn out and support pro-Trump candidates, precisely because he is supporting policies that are creating wage growth for the working and middle class, and more profits and opportunities for businesses.

3.)   Those who for whatever reasons will sit on their duffs and won’t vote at all.

Low voter turnouts in certain primaries is what has allowed self-proclaimed Democratic socialist candidates like Alexandria Ocasio-Cortez to compete in November.  In Florida, the number 3 manufactured home selling state in recent years, and one of the top states for manufactured home community owners, Mayor Andrew Gillum is yet another socialist who promises more taxes, and more regulations.  He’s backed by billionaires like George Soros and Tom Steyer.

Epic Battle for MHVille Mainstay Looms, With “Not the Most Popular Guy” and His Rival

Thousands of residents in manufactured home communities are being misled by people who for whatever reason are supporting policies contrary to their own interests, and certainly opposed to the interests of the business owners and investors that make up a huge part of the manufactured home industry today.

As a reminder/disclosure, this writer was featured on primary candidate Donald J. Trump’s campaign website for months for a pro-Trump article first published on MHProNews. That article – and others from the campaign – came down once the campaign turned into the transition and now the president’s website.  But the Google screen capture below recalls the facts.

12ReasonsEducatedIranianAmericanWomanSupportsDonaldTrumpPostedMastheadBlogMHProNews954x846

While the Manufactured Housing Institute (MHI) paid for two pro-Clinton speakers in the closing days before the 2016 election, the Kovach family supported Donald J. Trump’s candidacy as the best for the industry, small business and hundreds of millions of Americans. One of those stories ended up on the president’s campaign website, and hundreds of conservative and pro-Trump websites.

Not unlike what some of those quotes from YouTube above reflect, the facts are what they are.  The president is working day by day at keeping his promises.

Black- Hispanic-, Asian-American and women’s unemployment rates are at all time or multi-decade lows. Unemployment claims yesterday were reported at a 49-year low. Wages are rising faster than inflection for the first time in about 2 decades.

There’s a clear bias against the president’s agenda by a media that per several third-party reports is about 90 percent negative in their coverage.  It may be the biggest smear campaign in modern times, yet “Teflon Don” keeps shedding the charges, as his popularity in the last six months has rivaled or exceeded that of President Barack Obama at the same tenure during his administration.

The president also spoke about “common sense.”  He tied several of his points to common sense policies that were pro “growth,” but that prior administrations on both sides of the political aisle had often neglected.

Which of the three will groups noted above will you and yours be in when voting starts in your area?  For, against, or will you let others decide the fate of the future of your profession and investments?  “We Provide, You Decide.” ©. ## (News, analysis, and commentary.)

Footnote 1: Ruder’s comments as shown used a lower case g instead of a capital G for God.
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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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“Death by Government,” Fascism, Communism, Socialism, ‘Big Brother,’ per Williams, Rummel and Owens

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Apartments vs. Manufactured Housing, NMHC and NAR Data, Opportunities

August 18th, 2018 Comments off

 

ApartmentsVsManufacturedHomesNMHCNARDataOpportunitiesDailyBusinessNewsMHProNEws

National Multifamily Housing Council® (NMHC) and National Association or Realtors® (NAR) are the sources for bulk of the data and graphics, shown below.

 

The executive summary could be captured with a statement made by Scholastica ‘Gay’ Cororaton, Certified Business Economist (CBE), with the National Association of Realtors® (NAR).

MonthlyMedianGrossRent2016HousingTypesManufacturedHomesScholasticaGayCororatonNARDailYBusinessNEwsMHproNews

Note there seems to be a difference between NAR and NMHC data on median rents.

She said “Based on 2016 latest data, the median household income among manufactured homeowners was $43,900, about half the median household income among all homeowners.  The median household income of manufactured homeowners is about the same as the median income of all renters, at $42,500. This indicates that renters can transition to homeownership without significant change in housing expenses via ownership of a manufactured home, if other factors that homebuyers look for are also met (e.g., accessible transportation, presence of a good school, other neighborhood qualities).”

Let’s start with the age of multifamily housing rental units, which many may find surprising.

Why?

WhenWhereApartmentsBuiltNMHCDailyBusinessNewsMHProNews

Because out of 19.506 million apartment units, using NMHC data, 10.316 million were built after 1980.

CharacteristicsofAptRentalUnitsNMHCDailyBusinessNEwsMHProNews

So, over 9 million units were built before 1980, with 2.137 million units built on or before 1939.

NMHCAptMedianRentNMHCDailyBusinessNewsMHProNews

Note there seems to be a difference between NAR and NMHC data on median rents.

Cororaton’s data reveals that it would be a simple budgetary change to go from an apartment to a manufactured home.  Her data also shows the appreciation possible in a modern manufactured home.

ComparisonMonthlyPaymentsChattleLandHomeMixedVsConventionalExistingHomesNARScholasticGayCororatonDailYBusinessNewsMHProNews

By contrast, there is obviously no equity in an apartment rental.  So there’s about 225 percent more apartments than manufactured homes. Since turnover is steady in apartments, that’s a vast market opportunity.

DTIRatiosConventionVsManufacturedHomesNARSchoalsticaCororatonApartment construction is booming.

HousingAppreciationByLoanTypeManufacturedHomesScholasticaGayCororatonNARDailyBusinessNewsMHProNews

Like RVs, they are out-performing manufactured homes by a country mile.

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

The RV report, linked above, reminds professional readers and investors that RVs trailed manufactured housing in 1998.  20 years later, they are outselling manufactured homes by some 5 to 1. See that report to learn more.  It’s opportunity in disguise for those who see it, and get it.

SunCommunitiesSUI-InvestorPageComparetoMultiFamilyHousing10ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Graphic, data, per Sun Communities (SUI).

There is a need for every kind of housing that exists.  Some need or want a short- to medium-term rental. But with hundreds, if not thousands, of manufactured home communities offering rentals, that too could be a market for the manufactured housing industry.

When Bloomberg, NAR and others are increasingly featuring positive news about manufactured homes, that should make investors sit up and take notice.

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

Even high rises could be done with manufactured homes, when density is an issue. See that related report, linked below.

So manufactured homes are a common-sense choice. Millennials and others must be shown why they are a cool, even savvy, option.

IfPrettyPicturesVideosAloneWereEnoughMHIndustryWillOnlyAchieveItsGoalsByResovingItsCoreIssuesLATonyKovachMHProNews1

Learn more about the above, linked here.

Perhaps these are among the reasons why the Blackstone Group has recently entered the manufactured home space? See that in the related reports, linked below.

Notice: We plan an upcoming report on MHLivingNews on this issue, designed for the general public.  Sign up herein seconds for our industry-leading, typically x2 weekly, emailed headline news updates. “We Provide, You Decide.”  © ## (News, analysis, and expert commentary.)

(Third party images and content are provided under fair use guidelines. All rights reserved.)

L. A. “Tony” Kovach and his wife Soheyla co-founded and publish the manufactured home industry’s two leading tradeLATonyKovachMHLivingNewsMHProNewsPublisherIndustryExpertConsultant

media; Manufactured Home Living News (MHLivingNews.com) and MHProNews.com for business professionals and investors.

Kovach’s work has been featured in publications such as the Washington D.C.’s The Hill, Value Penguin, Chicago Sun Times, and a host of other media. He’s been involved in the manufactured home industry as a manager, high-volume retail center owner, consultant, and publisher for over 25 years. Kovach has likely interviewed more industry professionals, experts, and manufactured home owners, than anyone in U.S. news media.

 

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews
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Manufactured Housing Shipment Totals, June 2018

Wholesale “Hurricane Sale” Attracts Communities, Retailers, Manufactured Home Pros, Event Update

August 2nd, 2018 Comments off

WholesalesHurricaneSaleAttractsRetailersCommunitiesManufacturedHomeProsEventUpdate

Legacy Georgia’s Hurricane Liquidation in Eatonton is going to be the biggest MH sale of the Fall,” said Casey Mack Legacy Housing Corporation in charge of Marketing | Web | Dealer Programs. “The countdown is on with less than 42 days to go!”

 

CaseyMackLegacyHousingManufacturedHousingIndustryDailyBusinessNewsMHproNews

Casey Mack.

They are running several weeks ahead of plan, Mack said, “we appreciate your [MHProNews] team’s help in getting the word out — it’s been fantastic.”

Their promotion began about 2 weeks ago.  Third-party site statistics today indicate that articles on the topic have drawn more than 8,000 hits.  Based upon feedback from the field, part of the reason may be the opportunity to get new home inventory that’s priced right and is ready to go, when other producers are several months out to get a new order.

We’re just under the half-way mark for this event, even though there’s 42 days to go. Our room block, once it is filled, we can’t get any more rooms. So those who want to stay overnight should consider acting sooner,” Mack said in reply to a follow up question from the Daily Business News.

That was part of a series of messages that came yesterday, so the count down to the big event continues.

GusRodriguezTejasHomesManufacturedHousingIndustryMHProNews

Gus Rodriguez, Tejas Homes.

A multi-year Legacy Housing retailer said the following, “Legacy is a partner you can grow with long term. Very good product, they have special retail financing programs, and a liberal floorplan [wholesale financing] program for their dealers too,” said Gus Rodriguez, a principal at Tejas Homes.

LegacyHousingMapGoogleDailyBusinessNewsMHProNews

The event will include their popular tiny houses – which has drawn national attention – plus single and multi-sectional HUD Code manufactured homes.

Huge New Factory-Built Home Wholesale Liquidation Event Announced

Mack added some details, saying “Our hotel room block is filling up — rooms are first come-first serve…” Additional information, to RSVP so to ensure your spot and your free hotel room can be done by clicking on the banner, below.

LegacyHurricaneLiquidation-Sep12-13

To learn more about Legacy Housing, see the article linked below. The Daily Business News is told that factory tours of Legacy’s giant facility are available prior to the event. ## (News, event update, and commentary.)

Related Reports:

AmericasFastestGrowingPrivateCompaniesINC5000ManufacturedHousingLegacyHousingDailyBusinessNewsMHProNews

Out of millions of privately owned businesses, Legacy has been named to this prestigious list.  It’s an impressive accomplishment. 

http://www.mhpronews.com/featured-articles/july-2018/spotlight-establishing-your-own-legacy

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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.