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No Kings in America? – John Sherman ‘Speaks’ to Manufactured Housing

January 16th, 2019 No comments

 

NoKingsInAmericaJohnShermanSpeakstoManufacturedHousingDailyBusinessNewsMHProNews

If we will not endure a king as a political power, we should not endure a king over the production,
transportation, and sale of any of the necessities of life
.”

— John Sherman

 

Sherman was a mover in what today is known as the Sherman antitrust act. The act was sponsored by Senator John Sherman (1823–1900) of Ohio, as a leading anti-monopolistic leader.  The quotes speaks for itself. Among the necessities we should not have a monopoly over the production of affordable manufactured housing.

 

JohnShermanWikiDailyBusinessNewsMHProNews

 

The next two more contemporary quotes are more sobering.  Both come from the political left.

Antitrust law isn’t about protecting competing businesses from each other,
it’s about protecting competition itself on behalf of the public
.”

–      Al Franken

 

This antitrust thing will blow over.”

–      Bill Gates

 

Keep in mind that Gates’ Microsoft was the target of an antirust action. Gates and Warren Buffett are in several ways, joined at the hip. Gates, in a very specifric sense, turned out to be correct.  More on those points another time.

This quote below is also from the progressive side of the aisle. All but the first and next quote are from AZ Quotes.

From a non-profit’s website: “The Open Markets Institute uses journalism to promote greater awareness of the political and economic dangers of monopolization, identifies the changes in policy and law that cleared the way for such consolidation, and fosters discussions with policymakers and citizens as to how to update America’s traditional political economic principles for our 21st century digital society.”

Let’s turn to a former and famous president.

Beware of that profound enemy of the free enterprise system who pays lip-service to free competition, but also labels every antitrust prosecution as a persecution.”

–      Franklin D. Roosevelt

 

Back to Franken.

Most Americans don’t think about antitrust law when they look at their cable bill, flip channels on TV, or worry about what their favorite website knows about them. But they should.”

–      Al Franken

 

Changing technologies, changing marketplaces, and even changing trends in anti-competitive practices have all presented challenges to antitrust enforcement.”

–      Al Franken

 

Then, there is Green Party candidate for president, Jill Stein. For all of these, keep in mind, wheat and chaff.  You don’t have to agree on everything, to agree on specific things.

We need to use antitrust laws. You know, we need to create real media again.”

–      Jill Stein

It’s time to use the antitrust laws and to break up this conglomerate corporate media that has now poisoned our democracy to the point that our very survival is at risk for the kinds of monstrosities that are flourishing in our corporate media dominated discussion.”

–      Jill Stein

There are voices on the right that favor use of antitrust action.  One of them is below.

Vigilant and effective antitrust enforcement today is preferable to the heavy hand of government regulation of the Internet tomorrow.”

–      Orrin Hatch

Here’s a surprising one, a former Democrat, who today is a member of the GOP.

If I am elected President, I will end the special interest monopoly in Washington, D.C.

– Donald Trump

 

From President Donald J. Trump, to a plank in the Democratic Party’s ‘new deal’ plan, and others in between, are calling for a break-up of several major conglomerates.  From the FAANGs, to major media conglomerates, to Berkshire Hathaway and others, there is a need to restore balance to both the market and politics. Regulations can’t fix this, only a breakup – like the AT&T breakup – will do.

A useful overview of the topic of monopoly is explored in a reasonably balanced way in this video below.  For example, the video explains the limited cases – such as public utilities – when a monopoly can make sense, although that too could become a dated view as various technologies emerge that could allow more competition for utilities.  The video uses facts and humor as it educates, and has had hundreds of thousands of views.

 

Monopolies and Anti-Competitive Markets: Crash Course Economics

 

 

Those voices in MHVille that stand mute or even actively oppose a discussion of monopoly are practically defending those that are monopolizing manufactured housing. That hurts independent businesses, consumers, government – almost everyone – save for the limited numbers who are doing the monopolization.

As an independent operation that favors free enterprise, we stand foursquare against monopolistic forces, because they are corrosive of the economic and thus political system in America. See the related reports, linked below. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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Warren Buffett’s Berkshire Hathaway, Clayton Homes, 21st Mortgage Corp and their “Strategic Moat,” Plus Manufactured Housing Equities Updates

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

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

 

 

 

 

 

 

 

 

 

 

 

Exploring Corporate, Association, Individual, Investor, and Governmental Corruption Involving Manufactured Housing

January 13th, 2019 No comments

 

ExploringCorporateAssociationIndividualInvestorGovernmentalCorruptionInvolvingManufacturedHousingDailyBusinessNewsMHProNEws

Go ahead, say it. Naïve, idealistic, rash, foolish, or a crusader who believes that the only way that positive change occurs is by intelligently challenging the status quo.

 

That challenge can and should be honorable, and it can and should be profitable.

So, pragmatism and reason are involved.

Over the years, perhaps more so recently, a periodic stream of tips and sources revealed a variety of insights into what can be termed corruption.

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

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

 

Here are some examples, many of which have not yet been reported here on the Daily Business News on MHProNews previously. But in one or more cases, some of these may have already been turned over to the appropriate authorities.

  • Manipulating credit bureau reports.
  • Kickback schemes involving refurb, transport, or installation – among others.
  • Using undocumented labor in often dangerous ways.
  • Sexual exploitation.
  • Corruption involving local, state, or federal officials.
  • Political, professional, and other forms of backstabbing.

 

I’ve mentioned my brothers on occasion.  My younger brother Tom is rather an activist. We see some things alike, others differently, as is true of any two people.  One thing we’d agree upon is his latest quotation sent in his email ‘signature’ – it is this:

 

He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He who accepts evil without protesting against it is really cooperating with it.”
– Martin Luther King, Jr.

 

One should keep in mind that there are a variety of ways to fight what Donald Tye, Jr. called the rigged system.”  Fighting a rigged system can be as easy as a useful off-the-record news tip. Many of our tips come from major firms that are MHI members.   Support can also take the form of advertising, other forms of marketing, or using our professional business development services.  Our services have been highly praised by third-parties. Want to accelerate the process of positive, profitable change? Help us, help you, so that manufactured housing can advance.

 

RevDonaldTyeJrManufacturedHousingAdvocateQuickestWayWealthIndustryVoicesMHProNews500

 

Because what the recent trends reveal – see the linked reports below – is that accepting the status quo is taking the industry backwards. While a monopolist or the retired may be able to afford that – or may even want that for some period of time – thousands of our readers ought to avoid the risk the continuation of the current trend lines represents.

 

Happy Talk?  Really?

Happy talk doesn’t resolve an actual problem.  That’s like believing that looking the other way means the growing number of roaches you saw in the garage or a room will magically disappear.  Want to get rid of the vermin?  You start by shining a light — watching those roaches run confirms that they exist.  Then you have to use appropriate roach killers, because nothing else will do.

We opt not to live with ugly, nasty pests.

When it comes to people that are pests, obviously, you don’t poison them like you do an insect.

Rather, one must still deal with them in an ethical, lawful, and effective fashion.

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

 

Otherwise, they will keep doing what they have been doing.

 

ClaytonHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2017DailyBuisnessNewsMHanufacturedHousingIndustryProNews

Clayton’s blog said that in 2017, they ‘only’ had 47.7 percent of the market share, but other sources place that market share at 50 percent. Rep. Maxine Waters accused Clayton of all manner of things. Let’s see what Chairman Waters will do – as she and other Democrats accused Clayton of being a near monopoly, alleged racism, and predatory lending – now that she heads up the powerful House Financial Services Committee, will she act?

ItsATerribleIdeaHavingCommunitiesOtherDivisionInWithClaytonBerkshireLenders

Comment from one of the top MHI NCC community members to MHProNews.

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

For more on independent retailers, see a related report about the Atlantic’s research, further below.

 

What’s the Safest Place to Hide?

Why not take the example of Warren Buffett, Kevin Clayton, Tim Williams and the Manufactured Housing Institute (MHI)? Why not hide in plain sight?

See more on that and more in the linked reports below.

We’ve been public in pushing back against the Omaha-Knoxville-Arlington Axis.  While it isn’t always what I’d call fun, we’re still running the marathon.  Translation? Unless you are a monopolist yourself, come on in, the heated pools here in Florida make the water fine.

TheyTheBigBoysThinkTheyOwnUsIndependnetsQuote

Resisting Fear or the Pressure – Publicly

Over the course of several years, there were allegations of this or that person tied to MHI pressured a firm or person into not advertising here, even though they had good results while they did. More recently, an apparent MHI surrogate has asked readers like you to cover your eyes to the truth. Why?  What does that person, or that organization have to hide?

As recently as a week ago, we gave MHI and their top names the opportunity to correct or respond publicly to our reports.  Their reply? Silence.  Maybe they plan on taking the 5th when their time comes?

Fearful? Feel intimidated? Why? They are silent in the face of the evidence. Like roaches with the light turned on, they are looking for cover.

We believe in giving credit where due, that metaphor came from a high-level industry reader who is in MHI, and says they are sick of what’s happening to our once great industry.  That pro and others do what they can.

Why not look at the example of Legacy? While others were self-admittedly fearful, Legacy went to where the largest and most engaged audience in MHVille is – right here on MHProNews.  See more on that, linked below.

YouMHProNewsSeemToHaveConceptualIQThatIsMoreImportantThanSpellingAbilityQuote

Many of these quotes are from MHI insiders.

 

Peeling Away at the Onion

The more we peel away at the layers of the onion, the more evident the patterns of corruption and manipulation appear to be.

These deliberate actions and inactions have arguably cost honest women and men – collectively – billions of dollars annually.  That’s the logic of the math of one Jeff Bezos’ Amazon Alexa Fund.  If the Alexa Fund says that factory-built housing could be a large part of a $330 billion dollar a year market, you do the math.  In 2017, the industry finished with an estimated $6.5 billion in new retail sales. Divide 6.5 into 330 and see what you get.

DearTonySoheylaNoGreaterResourceSpeakstoIssuesOpportunitiesWeFaceAsIndependentRetailersGusRodriguezTejasHomesTX

Gus’ message came in response to a series of exposes on issues within manufactured housing, as well as tips, strategies and opportunities.

While that’s an imprecise way of calculating how much larger your firm’s sales could be, it sheds third-party light on the topic.  It explains why the consolidators want to squeeze as much market share as they can, before they take the foot off the break pedal.  If they win, you lose.  If they win, watch the day that the foot comes off of that break.  Because we believe manufactured homes could soar to over 1,000,000 shipments a year, in fairly short order.

 

FootOnBrakePedalManufacturedHousingIndustryDailyBusinessNewsMHProNews

By artificially keeping manufactured housing smaller that it should be, through the types of direct and indirect actions we’ve been documenting and reporting in recent years, a few large firms are slowly “consolidating” – monopolizing – this once great industry. It’s happening in other industries too.  But as the report from the Atlantic below reminds readers, it is arguably more visible and pronounced in MHVille.

 

BarryColeMHInsuranceRVMHHallofFameCongratsManufacturedHomeIndustryMHProNews

Note, Barry Cole’s prior anniversary kudos message raises important points. 

 

Recently, an industry pro that this writer had a ‘misunderstanding’ with cleared things up.  That person said he ‘now sees what you guys [MHProNews] are doing.’ We all need some patience with each other, as none of us are perfect – admittedly starting right here. But as Tim Williams and others have noted, once someone points out an error in fact, reason – or typing – we are happy to correct it.  It was patient input from others over the course of years that made us finally see what’s happening in MHVille.  My sincere thanks to those who did.

IfMHProNewsIswritingAboutItIWantToKnowAboutItQuote

The truth can be painful. Perhaps there are times when it may seem merciful to spare someone some piece of information. But unless the truth is known, how can wrongs be corrected?

Accountability is a hallmark of a good business or professional.  Mistakes should be corrected.

Corruption should be rooted out.

ProfessionalBackroundLinkedInProfileRecommendationsQuoteMHProNEws

Without further adieu, let’s dive into the headlines from the reports and articles in the week that was.

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Will we see you at the upcoming trade shows?

 

Reminder, we don’t create a linked-text box around every article, but each one linked below was curated for specific reasons.

 

What’s News on the Daily Business News on MHProNews

 11DailyBusinessNewsMHProNewsLogos

 

Saturday 1.12.2019

Manufactured Homes Shunned by City for Higher Cost Container Housing

Friday 1.11.2019

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

“Huge” February 2019 Manufactured Home Sale Announced, Competes with Louisville, Tunica?

 

Thursday 1.10.2019

Clayton Homes Fights Zoning, for “First Class Manufactured Homes” – Mainstream Media Reports

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

Manufactured Housing Institute on Urban Institute, Bloomberg, National Association of Realtors Reports Praising Manufactured Homes

 

Wednesday 1.9.2019

Mobile Home Replacement Plan Offers Upgrade to Manufactured Homes

Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$

 

Tuesday 1.8.2019

Chinese Buyers Compete With U.S. Buyers for American Housing, Plus MH Markets Updates

Open Offices? Not So Fast, Per New Study

New Report – More Americans Think Bad Time to Buy, Rentals Soar. Manufactured Housing, Opportunities, Takeaways?

 

Monday 1.7.2019

Allianz’s Mohamed El-Erian Says Globe Slowing, but U.S. “Very Good Place” Economically, Plus MH Market Updates

2019 Trade Shows, Next Battleground of the Manufactured Housing Revolution?

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

Insider Trade During SEC Mandated ‘Quiet Period’ at Legacy Housing Corp

 

Sunday 1.6.2019

Neal T Haney, NAMHCO Then, Now and What’s Next in Manufactured Housing and Land Lease Communities

 

What’s New from MHARR

Independent National Manufactured Housing Post-Production Association Takes Major Step

Production Decline Continues in November 2018

 

 

What’s New on MHLivingNews

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

 

 

What’s New on the Masthead

Profitably Defeating “the Long Knives” – 2019 New Year’s Resolution for MHVille

 

That’s it for now, kindly check in again tomorrow. Sign up for our industry leading emailed headline news below. See why some of the biggest names are hooked on them, but so too are the mom-and-pops and all others in between.  “We Provide, You Decide.” © ## (News, commentary, and analysis.)

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Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
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Related References:

The text/image boxes below are linked to other reports, which an be accessed by clicking on them.

New Association Weighs In, Giving Credit Where It’s Due, Opportunitie$, But Winds of Change Challenge Manufactured Housing’s Future

 

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

 

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

 

 

 

 

 

 

“Playing Politics” – Immigration, Border Battle, and Manufactured Housing

January 11th, 2019 No comments

 

PlayingPoliticsImmigrationBorderBattleManufacturedHousingDailyBusinessNewsMHProNews

What happens with jobs, businesses, stock markets, and the economy clearly have an impact on the nation, of which manufactured housing is a part.

 

For close readers of the Daily Business News evening market report here on MHProNews, there is a notably strong corollary between what the broader markets do, and what occurs with manufactured housing connected equities. While one could debate if that should be so or not, in rears, it is so.

 

Investor relations and quarterly statements by publicly trade firms involved in manufactured housing often cite the jobs market or broader economic conditions as a factor in their firm’s performance.  These are among the reasons for the evolution of our evening market report plus some special reports that are “News Through the Lens of Manufactured Homes, and Factory-Built Housing.” © Broader economic, political, and market conditions most certainly impact manufactured, modular and prefab homes. 

ICE raids on factory-builders are just one direct example of how immigration and border policies touch upon the manufactured home industry.

 

Reports – ICE Raids Factory Builders

Another is the presence of undocumented, falsely documented, or illegal aliens at manufactured home (MH) sales centers and who are living in thousands of MH communities.

 

Who is Playing Politics?

The answer to this question is simple. Both major parties are playing politics.

Democrats and Republicans alike are hoping to score points for the 2020 election, since campaigns are de facto already underway.  Each side has media allies that are carrying water for them.  

That noted, the better question is what is the correct policy for the border and immigration?   To explore that, we’ll begin with each sides claims. Here are the two videos from the President Trump’s Address to the Nation on the border issue, and the Democratic response. We’ll let the Democratic video go first. This version from the Washington Post had 988,348 views as of 4:53 PM ET on 1.11.2018.  

 

 

Next video is the President Trump’s address from the Oval Office.  This Fox News version of the video has had 507,544 view as of 4:57 PM ET, on 1.11.2019.  The Deadline said that some 41 million Americans watched this under 9 minutes live. That same source said that the total viewers that watched the Democratic response topped that who viewed the president’s address.  

 

 

Those high viewer numbers reflect what a recent AP NORC poll said, that immigration is among the top issues on the minds of Americans of all political stripes.

 

APNorcPollImmigrationTopConcern2019DailyBusinessNEwsMHProNews

The poll found that 65 percent of Republicans say immigration is one of the top five problems facing the country, up from 42 percent in 2017. Among Democrats, 37 percent cite immigration as a top issue, compared with just 2 in 10 a year ago,” said ABC 5.

Roughly two-thirds of those who named immigration as a top priority express little confidence in the government to make progress this year, including a third who say they are “not at all” confident,” per ABC 5 on that AP-NORC poll. “About a third say they are at least moderately confident in the government to make progress on immigration.”

 

Facts, Figures, and Political Posturing

When former President Barack Obama’s new home in metro Washington, D.C. was acquired, the Obamas had a wall built for enhanced security. The White House is behind a fence.  It is common for the rich and famous to fence or wall of their properties as part of the security.

There are videos of former Senator and President Barack Obama supporting border security that included double fencing, roads, and other measures. It is foolish for House Speaker Nancy Pelosi, Senate Minority Leader Chuck Schumer, or former Senator and Secretary of State Hillary Clinton to argue that a border barrier is immoral, racist, or anything else, when they have all supported legislation that included fencing.

There is also no doubt that the candidate Donald J. Trump said that Mexico would pay for the wall. The President also said that he would own the shutdown of the federal government. These are indisputable. It is also true that the border barriers won’t stop all drugs or other illegal activities from occurring.

Border agents, years of actual history along fenced parts of the border, and the experiences of other nations all demonstrate that fencing and walls work. Locks on your door won’t keep out everyone that means to do you or your possessions harm. But we don’t remove doors or locks just because they are not 100 percent effective.

Illegal immigration is costly to America’s citizens. It has proven fatal or deadly to thousands harmed by the small percentage of criminals who come into the U.S. via the southern border.

 FAIRTotalGovtCostsonIlelgalImmigrationFederalStateLocalTaxcostsDailyBusinessNewsMHproNews

A Democrat representative said this week that the calls into one of his district’s office for border control was running about 10 to 1 in favor of fencing, barriers, or a wall.

The law of supply and demand tells us that more low cost, low skill labor harms the earning power of other workers.  It is worth noting that both sides claim to want to improve the flow of needed, higher skill workers.

 EmploymentBasedGreenCardBacklogManufacturedHousingIndustryDailyBuinessNewsMHProNews

 

Talk radio king Rush Limbaugh reported floated a surprising ‘solution’ to the border debate standoff. And it requires no fencing, barriers, or walls. 

The solution, he opined, perhaps somewhat tongue-in-cheek “…enforce the law.” 

  • Mandatory eVerify. No hiring of any workers that don’t have legal status and the proper documents to go with it.
  • No healthcare, education, housing assistance, or any other benefits for undocumented foreign nationals.

BorderFenceLibertyNationDailyBusinessNewsMHProNews

Style may bother some people, but facts and common sense should rule. 

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The video below from left-of-center CNBC explains that in 3 weeks, the shutdown could cost the nation more than the $5.6 billion that President Trump is asking for in border and related security funding.

 

 

There are good odds that President Trump will declare a state of emergency, and attempt to build the wall that way.

There are equally good odds that it will be challenged in a court by Democrats where they will expect a favorable ruling. Then a new phase of the struggle over the border issue begins in the courts.  

Both sides have played politics, but the rationale for border security, immigration enforcement, and some common sense solution to those illegals who are already here should take place. The rest are details and commentary.  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.

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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.

 

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FHA Call to Lenders on Workers, Contractors, re: Federal Government Shutdown

January 9th, 2019 No comments

FHACallsLendersWorkersContractorsREFederalGovernmentShutdownDailyBusinessNewsMHProNews

Shutdown theater continues in Washington, D.C. So, yesterday afternoon, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) requested that approved lenders consider the financial hardships caused by the partial federal shutdown.

 

That press release is below, including a letter linked from FHA’s Brian Montgomery.  After that there will be an infographic that manufactured home retailers, developers, and communities may find of interest.

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WASHINGTON – The Federal Housing Administration (FHA) today called on all approved mortgagees and lenders to be sensitive to the financial hardships experienced by borrowers as a result of the shutdown, including those borrowers subject to furlough, layoff, or a reduction in income related to the shutdown.   Read FHA Commissioner Brian Montgomery’s letter to lenders and approved mortgagees.

FHA-approved mortgagees and lenders are reminded of their ongoing obligation to offer special forbearance to borrowers experiencing loss of income.

FHA expects all approved mortgagees and lenders to make every effort to communicate with and assist affected borrowers to the greatest extent possible by:

  • extending special forbearance plans to borrowers impacted by the shutdown, and
  • fully evaluating borrowers for available loss mitigation options to avoid foreclosure whenever possible.

“In accordance with longstanding policy, FHA expects mortgagees to assist borrowers experiencing a loss of income,” said FHA Commissioner Brian Montgomery in a letter to FHA-approved lenders and mortgagees.

FHA is also strongly encouraging all approved mortgagees and lenders to waive late fees for affected borrowers and to suspend credit reporting on borrowers nationwide who have been affected by the shutdown.

 

###

 

HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.

FHALoanInfographic2019LendersNetworkManufacturedHousingIndustryDailyBusinessNewsMHProNews

Here above is the promised infographic, and some 2019 FHA lending guidelines.  Turn to an FHA lender approved for manufactured home lending for additional details.

That’s this morning’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.

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.

 

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Manufactured Home Production Decline Accelerates in November 2018

 

New Report – More Americans Think Bad Time to Buy, Rentals Soar. Manufactured Housing, Opportunities, Takeaways?

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

 

 

 

 

 

 

New Report – More Americans Think Bad Time to Buy, Rentals Soar. Manufactured Housing, Opportunities, Takeaways?

January 8th, 2019 No comments

 

BuyRentManufacturedHousingIndustryDailyBusinessNewsMHProNews

It’s one more #nettlesome data-point that must make a certain CEO in Arlington, VA turn red-faced.

 

According to Fannie Mae, and CNBC,More Americans think it’s a bad time to buy a home.” What’s bad for higher priced homes, and expensive rentals should be good for manufactured homes.  Certainly, that was the case for decades.

Some bullets from the new Fannie Mae and CNBC reports.

  • The share of Americans who think it is a good time to buy a home just dropped sharply, according to a December survey from mortgage giant Fannie Mae.
  • The share of those surveyed who think home prices will go up fell 2 percentage points, and those who expect mortgage rates to drop was unchanged.
  • The share of those who said their household income was significantly higher than a year ago fell compared with November, although it was up slightly from a year ago. Consumers are, however, quite confident about employment.

Mortgage rates declined in December, 2018, from an average 4.85 percent on the 30-year fixed at the start of the month to 4.61 percent on New Year’s Eve, per Mortgage News Daily.

But the financial markets see mortgage rates rising throughout much of 2019.  That means that the December drop was just a temporary. Rates are higher than one year ago.

 

This Should Be Good for Affordable Housing Sellers, But…

These are historically trends that in decades past would have signaled a rise in manufactured home sales.  The data from the National Association of Realtors(NAR) in the graphic/chart below is useful in understanding the longer-term industry trends.

 

Figure1MobileManufacturedHomeSalesSHipmentsVsExistingingNewHouseSalesManufacturedHousingiinudstryDataMHProNews

There are a growing number of industry voices that believe that BH/CMH and MHI have by various action/inaction has kept manufactured home sales at historically low levels. Evidence? See Related Reports and videos, linked below, which quotes and cites BH, MHI, CMH, 21st Mortgage Corp, and other sources.

 

So, while manufactured housing often benefited in years gone by from rising conventional housing and soaring rents, for whatever reason one cares to mention, that is not the case this time.

 

 

To learn more about the most recent new home data in manufactured home production, click the linked text/image box below.

 

Manufactured Home Production Decline Accelerates in November 2018

 

At the very time when near-record numbers of Americans are renting, manufactured homes ought to be rolling, rolling, rolling down the road to their final destinations.

 

 

These facts bely the Manipulative Housing Institute’s (MHI) claims of promoting manufactured housing to tens of millions of potential buyers.  If so, MHI’s self-proclaimed efforts have not only failed to notably move the needle, but in recent months shipments have stalled, and in November, slipped.

It’s a trend that MHProNews has been warning industry professionals, investors, and affordable housing advocates about for months, but has signaled the possibility of this occurrence for years.

What are the causes?

Many, but it could be summed up in 3 letters, a symbol, and one word.  Failure @ P.E.P.  Failure by the Monopolistic Housing Institute (MHI) to effectively Protect Educate Promote the MH Industry with regulators, zoning, and the public at large. Attribute that failure to whatever one wishes to, but the facts remain the same.

 

MonopolisticHousingInstituteLogoMHILogoManufacturedHousingInstiutteLogoLarge

Click here or the image above to learn more.

The solution?

First, understanding the causes of the headwinds that have led the industry to this point in time.

ProblemSolvingZigZiglarFirstStepRecognizetheProblemExistsNextIsProblemOurResponsiblityProblemSolvingVeryImportantDailyBusinessNewsMHProNews

Next, action steps which obviously require leaving the status quo behind.  More on both in the articles linked herein and below.

The rental and mainstream conventional housing data should be causes for manufactured homes to roar, not snore. It doesn’t matter how the ‘powers that be‘ spin it, but the numbers don’t lie. People are entitled to their own opinions, but not to their own facts.

 

YouAreEntitledtoYourOwnOpinions.ButYouAreNotEntitledToYourOwnFactsDanielPatrickMoynihanDailyBusinessNewsMHProNews

 

That’s MH “Industry News, Tips, and Views Pros Can Use,” © at the #1 most-read resource of its kind in manufactured housing, where “We Provide, You Decide.” ©  Here, you find facts, evidence and straight talk, not double-talk or mumbo jumbo. ## (News, analysis, and commentary.)

 

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

 

 

 

New Year’s Respect for Those Who Get It Done, Epic, Honest, Mobile Home Professional’s Plug

January 4th, 2019 No comments

 

RespectforthoseWhoGetItDoneCullmanLiquidationCenterYouTubeCommercialStillManufacturedHousingIndustryDailyBusinessNewsMHProNews

Let’s be clear. There are good reasons to use proper terminology.

 

That said, this world-famous “epic and honest” commercial further below has 4.8 million views at the time we are posting it on the Daily Business News on MHProNews.

At the time that WAAY-31 TV spotlighted them, they were already an internet/YouTube sensation, with over a million views. There’s perhaps no better intro to their YouTube commercial, than this local TV news feature.

 

The images in the 79-second Cullman Liquidation Center’s commercial-video below are gritty.

The talk is blunt.

 

 

It’s like watching a lower-tech version of performer Kid Rock in his Podunk music-video, which also featured clips of numerous manufactured homes, including his own.  Kid Rock’s video has over 21 million views, as of this date.

 

These guys and gals at the Cullman Liquidation Center are far better marketers, and no doubt harder workers, than anyone at the Arlington, VA based Manipulative Housing Institute (MHI) ever dreamed of being. Who knows how much MHI spent on their consultants and producers who created half a dozen videos that have what, under 3,000 views combined at the end of a year-plus?

So we at the Daily Business News on MHProNews respect their north-central Alabama YouTube achievement, while noting that this engrains a stereotype.  It’s a stereotype that neither MHI nor Clayton has successfully erased.

So, Cullman Liquidation’s “epic and honest commercial” apparently intuited that in their case, for their target audience, this was an approach for them. Not agreeing, just saying it is what it is.  And without consultants and 6 figures spent by MHI on ineffective items, these guys and gals became a sensation.

They thereby totally blew away the results of the Monopolistic Housing Institute.

That’s epic and honest.

 

Raising a Glass, A New Year’s Toast…

I’m not a beer drinker, but I’d raise a mug of beer to these guys and gals, as well as to the thousands of industry professionals:

  • who get under the manufactured homes,
  • move the metal with a totter down the road safely,
  • build the block piers,
  • hook up the utilities, and also to those who
  • build the homes,
  • mow the community lawns,
  • service and maintain the homes and properties,

that keep our industry literally moving, and alive.  Three cheers to the ones who get it done! They are epic and honest.

 

Here’s The Challenge

The challenges to these guys and gals – and all others like them that they symbolize – is that they should use that same creativity to get involved in the #NobleNotMobile effort.

 

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

 

Let’s see what these guys and gals in Cullman can come up with that would elevate HUD Code manufactured housing.  Let’s also call on everyone else that’s cares about this industry and growth to use their creativity in this same #NobleNotMobile fashion.

We need to inspire, uplift, and correct the terminology, so that millions more will embrace what our industry does.

 

FactoryHousingEvolution101TrailerHouseMobileHomeManufacturedHome-768x601

Those north of the border ought to think about what Canadian Al Kemp had to say about this topic too.

“Trailer Park Boys” Al Kemp, Canadian Manufactured Home Community Association, Reacts to Netflix Series

 

Let’s see what these internet sensations from Alabama can creatively do that would make manufactured home living appealing to all classes.

My hunch is they could pull it off.

Are they – or You – Up for the Challenge? Because these are the kinds of things that done properly, would help change our industry’s image and sales for the better.

About 1/3 of the nation rents.  Millions more want to downsize. Now is the time to get this done.

That’s our take this morning on the MH “Industry News, Tips, and Views, Pros Can Use,” © where “We Provide, You Decide.” © ## (News, commentary, and analysis.)

(See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them. Third-party images and content are provided under fair use guidelines.)

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Tony is the multiple award-winning managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Office 863-213-4090 |Connect on LinkedIn:
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Related References:

The text/image boxes below are linked to other reports, which an be accessed by clicking on them.

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

 

Manufactured Home Production Decline Accelerates in November 2018

 

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

 

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

 

 

 

 

 

Amid Market Turmoil, Nearly $1 Trillion Dollar Investment Fund Nuveen Bullish on Manufactured Housing, Provides Investor Outlook

January 2nd, 2019 Comments off

 

AmidMarketTurmoilNearly1TrillionInvestmentNuveenFundManufacturedHousingProvidesInvestorOutlookMHProNews

Nuveen isa TIAA company,” a.k.a. the “Teachers Insurance and Annuity Association of America-College Retirement Equities Fund.” Nuveen had assets under management (AUM) of “$970 billion USD (December 2017),” per Wikipedia.

 

TIAAInsuranceWikiDailyBUsinessNewsMHproNews

In their annual forecast for 2019, Nuveen’s leadership said as follows.

  • We believe we are in the late innings of the bull market, but the cycle is not over yet. We see market corrections as buying opportunities and continue to emphasize quality growth companies and cyclical sectors. If a recession comes earlier than expected, amid higher rates or inflation, investors would be less willing to pay premium multiples for growth. Market neutral, defensive, quality and yield strategies should become more compelling in such an environment.”

Among one of their bullets on real estate?

  • “…We believe some of the best opportunities exist in alternative sectors, such as data centers and manufactured housing.”

To place that commentary from Nuveen into its broader context, here below is their unedited bulleted outlook on real estate sector in general for 2019.

NuveenRealEstateOutlook2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

  • “Real estate fundamentals are expected to remain solid in 2019, despite the market’s late cycle, rising interest rates and structural change disrupting the office and retail sectors. Positive global growth forecasts and an overall balance of supply and demand continue to support net operating income and property values. Commercial real estate continues to attract capital, with stable income returns generally exceeding those available in fixed income. However, little or no capital appreciation can be expected and putting new capital to work remains challenging.
  • Structural change driven by demographics, technology and consumer trends are creating opportunities to add alpha. We expect global cities benefiting from advanced technology, sustainable development and rising urbanization to outperform through changing market cycles. The upheavals impacting office and retail are generating demand for high-tech buildings with flexible office space and light industrial warehouses. We believe some of the best opportunities exist in alternative sectors, such as data centers and manufactured housing.
  • Residential apartments globally are benefiting from strong demand among middle-income families and millennials priced out of home ownership. Global real estate debt’s stable income returns and lower volatility have offered risk protection for real estate equity portfolios.
  • Risks to the outlook include underestimating the need to “future proof” portfolios by incorporating exposure to emerging new sectors, such as providers of flexible office space and co-living apartment buildings.”

— end of extended quotes from Nuveen —

NuveenInvestmentFundManagementDailyBusinessNewsMHProNews

The Nuveen forecast mirrors several points from recent reports on the Daily Business News on MHProNews.

That said, while there is indeed “…some of the best opportunities…” in “manufactured housing…,” long-time careful readers of this industry-leading trade media know that manufactured home shipments are underperforming.  That means there is strong upside, but it also means that the arguably artificial headwinds that make that underperformance a reality must be understood and addressed.

For more on those factors, see the related reports, linked below the byline and notices, further below. 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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HUD’s FHA Commissioner Brian Montgomery on 2019 Manufactured Housing Hot Seat

January 1st, 2019 Comments off

 

HUDsFHACommissionerBrianMontgomeryManufacturedHousingHotSeatMHProNews

Brian Darrell Montgomery (born August 2, 1956) is the current Assistant Secretary of Housing and Urban Development for Housing [HUD], also known as the commissioner of the Federal Housing Administration [FHA]. He also served as Assistant Secretary of Housing and Urban Development for Housing in the United States Department of Housing and Urban Development during the administration of George W. Bush. He was confirmed to the position in February 2005 and resigned in July 2009. President Donald Trump nominated him to return to his former position as Assistant Secretary of Housing and Urban Development for Housing, [3]and he was confirmed by the Senate in May 2018, says Wikipedia.

 

As 2018 has drawn to a close, several pending matters place HUD’s FHA Commissioner Montgomery in the decision-making mix in 2019 with respect to issues that matter to manufactured housing independents, investors, and affordable housing advocates.

Manufactured home owners and buyers could be impacted too by what Montgomery does on the items below.

RichardDickJennisonMHIPresidentPhotoBrianMontgomeryEnhancedPreemptionFHATitleChattelLoans1010RuleTimWilliamsDontLearnFromHistoryDailyBusinessNewsMHProNews

In 2019, expect more Serious Reports and Analysis, but mixed in with occasion irreverent fun. It’s all to communicate – reality checks. Professionals and investors can look for the BS elsewhere. Come here to MHProNews for straight talk.  We won’t insult your intelligence.

 

The following is a partial list of the items that place Montgomery on the proverbial ‘hot seat.’ What will Montgomery do about the following pending issues:

  • The currently pro-Berkshire Hathaway policy on the so-called “10/10 rule” established on FHA Title I loans? In 2010, at about the same time-frame as Tim Williams, former Manufactured Housing Institute Chairman and President of 21st Mortgage, issued a notorious letter cutting off lending to numerous manufactured home retail independents, Ginnie Mae, the FHA-related Government Sponsored Enterprise (GSE), adopted a 10-10 rule. Initially, it was only the Berkshire Hathaway companies of Vanderbilt and 21st Mortgage that qualified.  Later, as Prosperity Now described it in 2015, the “…10-10 rule requiring net worth of $10 million and a 10% loan loss-reserve for lenders who would participate in the Title I program. This effectively restricts Title I participation to two lenders: Vanderbilt Mortgage and Countryplace Mortgage.” 21st participated for a time, but later stopped issuing FHA Title I loans.

CountryPlaceMortgageFHATitle1DailyBusinessNewsMHProNews

  • Rephrased, a former Clayton division president – Joe Stegmayer, still MHI Chairman – and prior Cavco Industries president has a lending subsidiary.  Countryplace Mortgage – and they plus the Berkshire Hathaway lenders have been the prime FHA Title I lenders in that part of home-only lending. Is that a coincidence? After the promises made by HUD Secretary Ben Carson to the industry in 2018, and given the troubling status of Duty to Serve (DTS) with Fannie Mae and Freddie Mac on chattel lending – almost non-existent – is that status quo on the 10/10 rule a problem that Commissioner Montgomery can opt to ignore?

 

  • Selection to replace Pam Danner, JD, as the next administrator for the Office of Manufactured Housing Programs (OMHP). It was HUD Secretary Ben Carson who told the U.S. Senate that last spring that the regulations coming out of OMHP were “ridiculous.” Victor DeRose was the consensus candidate agreed to by MHI and the Manufactured Housing Association for Regulatory Reform (MHARR) to fill the spot that Danner eventually obtained. At that time, Senator Joe Donnelley (IN-D) was enlisted to write a letter in support of DeRose for the HUD OMHP administrator’s role.  But Danner, per sources, was “slipped in” with the aid of an MHI insider.  “Knoxville” instructed Richard ‘Dick’ Jennison to “stand down” in complaining that MHI had thereby broken their agreement with MHARR.  That breech by MHI with MHARR put an understandable frost on relations between the two national trade bodies.
  • Will Montgomery support or oppose another heavy-regulation puppet for the Omaha-Knoxville-Arlington axis?  Recall that MHI has been touting to their members in emails how chummy they are with Montgomery.

MHIHousingAlertDailyBusinessNewsMHProNews

  • Recall too the HUD issued a clarification on the frost free foundation rule.  Here’s how the Manufactured Housing Association for Regulatory Reform put it, in the report accessed via the linked text/image box below.

HUD “Clarification” on Frost-Free IB Offers More Questions and Confusion Than Answers

  • Enhanced preemption. Given the affordable housing crisis, when will HUD begin to enforce that law, established by the Manufactured Housing Improvement Act (MHIA) of 2000? If Montgomery won’t work to support an existing law, why not?

 

  • If Montgomery fails to push for the full implementation of the MHIA, including enhanced preemption, doesn’t that just benefit operations like Arlington insiders such as Clayton, which are also increasingly into site built housing?

 

  • Beside the apparent conflict of interest between MHI-dominated Clayton and most industry members on issues like enhanced preemption, doesn’t failure to enforce the MHIA mandated preemption just cost HUD, federal, state, and local governments more money over time? Doesn’t failure to enforce enhanced preemption hurt minorities and lower incomes of all classes disproportionately?
  • There is also the ongoing saga of the monitoring contract.  For more on that, see the report linked below.

MHARR Communication with HUD Assistant Secretary Brian Montgomery Regarding Program Monitoring Contract

 

Sources tell MHProNews that Montgomery is a “play it safe” – meaning, status quo – type of personality. Be it intentional or not, that could play into the hands of Clayton Homes and MHI.  Indeed, as noted above, MHI has claimed or implied more than once that they have influence with/over Montgomery.

JoeStegmayerCavcoCVCOMIChairBrianMontgomeryHUDFHASameLandyUMHPresidentDailyBusinessNewsMHPronews

 

Being evenly obliquely tied to – or perceived to be connected to Berkshire and Clayton – could prove problematic for Montgomery.

 

ManufacturedHousingInstituteLogoMHILogo21stMortgageCorpLogoRichardDickJennisonBrianMontgomeryHUDTimWilliams21stMortgageCorpPriorMHIChairMHProNews

 

So far, Montgomery has done no interviews with the industry’s most-read trade media – MHProNews – and neither has HUD Secretary Ben Carson, M.D., despite requests from MHProNews for such candid discussions, on- or off-camera.  MHProNews will ask anew for interviews with both Carson and Montgomery in 2019, to get a better sense from official sources about the background noise coming from HUD.   Frankly, many of the present sounds coming from HUD are less than encouraging.  In 2019, watch for the call for more accountability and transparency.  See the Don’t Tease Report, linked further below.  “We Provide, You Decide.” © ## (News , analysis, and commentary.)

 

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Oil, Soybean Market Maneuvers and Manipulation Reveal Broader Concerns for MHVille

December 27th, 2018 Comments off

 

OilSoybeanMarketManueversManipulationRevealBroaderConcernsforManufacturedHousingMHVilleDailyBusinessNewsMHProNews

Thousands of new manufactured homes go into rural areas, as public officials who are members of both major political parties have noted.

 

 

Manufactured homes, and other forms of factory-built housing, also routinely are sold into areas where new energy production is taking place.  So these trends have an industry impact.

Whatever one’s position on the Trump Administration, trade policy – or on energy policies in general – may be, what’s evident from a close consideration of the video and commentary that follows is that domestic and global giants arguably use various maneuvers to artificially manipulate markets.  That in turn creates ‘winners and losers.’

The losers tend to be smaller businesses, and individuals.

 

SmallBusinessBigImpactManufacturedHousingDailyBusinessNewsMHProNews

 

Additionally, how news reports are framed influences perceptions.  Those perceptions in turn may scare or motivate investors.  Both left-of-center CNBC and right-of-center Fox News have spotlighted commentary that have made that very point recently.

 

The Strongest Economic Engine?

It’s a routine refrain that small businesses – not big ones – collectively are prime generator of jobs and economic growth.

SmallBusinessDrivesJobGrowthInUS-SBA-GovDailyBusinessNewsMHProNews

But frankly, members of the major parties tend to give more credence to what big business desires than what smaller operations do.

One could make the case that it isn’t the ‘Citizen’s United’ Supreme Court decision that is corrosive of politics, but more accurately, it’s the influence of big, often monopolistic forces that seeks to dominate politics, capital, and economic policies.

In manufactured housing, that tendency to give preference to big operations over smaller ones has arguably led to serious consolidation within the industry.  That consolidation is most evident in the manufactured housing production side, but is also at play in the retail and community sectors too.

 

ClaytonHomesSkylineChampionCavcoIndustriesMarketShareManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews-e1528746976415

Note: Clayton claims in their 2017 annual report to have ‘only’ 47.7% of the manufactured housing market. But Berkshire Hathaway reports don’t make that point clear. Be it roughly 48 percent or 50 percent, Clayton clearly has an outsized influence on the manufactured housing marketplace. That in turn arguably distorts lobbying, media, capital, financing, and other influences on the most affordable kind of permeant housing built in America.

So monopolization isn’t just a manufactured housing issue, as the recent New York Times analysis on the increasing monopolization of America spotlighted.  For more on the ‘consolidation’ trend in other industries, see the related reports below the byline and notices.

With that backdrop, let’s view through the lens of ‘manipulation of market forces’ and how ‘perception vs. reality’ become drivers.  Because that’s logically being revealed in the pull-quotes below from PRICE Futures Group senior analyst Phil Flynn today on Fox BusinessWe’ll conclude with a simple pensée after the quotes from Flynn.

 PhilFlynnFoxBusinessPriceFuturesDailyBusinessNewsMHProNews

 

  • Yet in oil, and in markets in general, it is perception and not necessarily reality that drives prices.
  • In response to the promise by President Donald Trump to reduce Iranian exports to zero, OPEC raised oil production and U.S. oil producers moved to ramp up production.
  • Many times, a drop in the price of oil sparks warning signals that something is amiss in the global economy, and worries about a trade war, rising interest rates and a government shutdown mixed in all led to a fear that everything would soon come off the rails.
  • The sharp drop in the oil price is one reason many people lost faith in the stock market, because if oil was floundering so too must everything else.
  • Oh sure, there were fears of a slowing economy in China and in Europe, but if you look at the number of barrels imported and consumed, from an oil standpoint any slowdown was negligible.
  • In fact, in the U.S. demand for total oil products is at an all-time high.

 

On Christmas Eve, a Fox Business commentator estimated that approaching $7 trillion dollars in value have been sapped from the markets since the fall 2018 market slide began.

Yet, as MHProNews and others have documented repeatedly, economic indicators are overall sound.

Who does those trillions of lost value harmed the most?  Arguably, it’s the smaller holders of investment instruments – such as 401Ks – by those on main street, suburbia, and Americans beyond Wall Street and the billionaire class.

The Trump Administration, Democrats, and some voices in progressive and conservative circles alike have raised the vexing issue of monopolies.  Monopolies and mega-corporations adversely impact speech, media, the markets, and politics, they say.  Set aside partisan positions and labels by stating facts and evidence without political spin, and perhaps 70 to 80 percent of the nation could come together on certain core issues.

#OpenMarkets#AntitrustTwitterManufacturedHousingDailyBusinessNewsMHproNews

Will the gaps between the President Trump led GOP, and Democrats be bridged in 2019 in ways that will produce #OpenMarkets via #Antitrust action?

In our industry and others, a study of the issues reveals significant evidence pointing to how that would be for majority of the U.S. population.  Save, of course, for those who believe they benefit from monopolistic practices. 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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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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Optimism Among U.S. Manufacturers at Record High Heading into 2019

December 21st, 2018 Comments off

 

NationalAssocManufacturersLogoNAMlogoOptimsimHighHeadingInto2019DailyBusinessNewsMHProNews

This year was one for the record books, with manufacturers’ average optimism for 2018 hitting an all-time high,” said NAM President and CEO Jay Timmons, in a release to the Daily Business News on MHProNews.

 

JayTimmonsNAMPhotoNationalAssocManufacturersDailyBusinessNEwsMHProNewsEmpowered by tax reform and regulatory certainty, manufacturers are keeping our promise to expand our operations, hire new workers and raise wages and benefits. But as this survey also shows, we face challenges, most seriously the workforce crisis. We have more than half a million jobs to fill right now—and by 2028, as many as 2.4 million could go unfilled if we don’t equip more Americans to take on these high-tech, high-paying careers,” Timmons said.

NationalAssociationManufacturersDailyBusinessNewsMHProNews

 

There is a blizzard of emails that hit the MHProNews inbox daily, so frankly, at first this report was initially overlooked.  It wasn’t until we saw the White House release on this same topic that we circled back for the toplines of this report.

 

ManufacturersOptimismReached92.4PercentAllTimeHigh2018DailyiBusinessNewsMHProNews

 

While NAM represents sentiments of manufacturing in general, it certainly is a useful insight for the producers of manufactured housing.  It is also useful for those who are market watchers, investors or those working at other levels in the factory-built housing industry.  Why?

 

ManufacturersOptimismReachedSkilledLaborBiggestChallenge2018DailyiBusinessNewsMHProNews

Because the broader manufacturing sector is booming.  Manufacturers are often somewhat happier about an issue like tariffs, that are rankling investors.

Much of what is imported from nation’s like China are finished goods, produced in a factory. If an improved trade deal emerges from the drama of 2018, that will be welcome news.  But if not, it is entirely possible that even more manufacturing will return to the U.S., and that is good for America too.

Two more points, before turning to some toplines from the related White House press release.  First, as factory-producers and developers know, there are a growing number of imported units coming into the U.S.  Tariffs – if the trade tiff continues – could arguably mean that some will turn to a domestic builder instead of one from China.

Second, all news has to be considered carefully, mainstream or other news.  Right or wrong, 92 percent of the news – per third party research – has been negative toward the Trump Administration. It is thus useful to periodically see that vantage point, to balance out the headlines from the left and right that we present each evening during our market recap.

With that intro, let’s look at the latest news and views from the White House.

 

 

TheWhiteHouseDailyBusinessNewsMHProNews

Optimism Among U.S. Manufacturers at Record High Heading into 2019

 

“American manufacturers think the future looks bright,” Joe Williams reports for the Washington Examiner.

 

“Nearly 89 percent of the 539 companies polled by the National Association of Manufacturers in the fourth quarter held a positive outlook for their business, bringing the yearly average to 92.4 percent, the highest in the survey’s 20-year history.”

Click here to read more.

 

 

Saturday will mark the one-year anniversary of President Donald J. Trump signing historic tax cuts into law. “Kevin Hassett, chairman of the president’s Council of Economic Advisers, said strong capital spending and economic growth are proof that the good times can be sustained,” Gabriella Muñoz writes in The Washington Times. “We got exactly the growth affect we predicted last year,” Hassett said.

 

 

“Thankfully, the era of broken promises ended in 2016,” Dr. Alveda King, niece of Dr. Martin Luther King, Jr., writes in the Ledger-Enquirer. “For Trump, strengthening American communities is fundamental to American success. The FIRST STEP Act does just that by establishing job-training initiatives to better prepare prisoners to re-enter society after they are release.”

 

 

In USA TodaySecretary of Agriculture Sonny Perdue writes that the Trump Administration’s new proposed Supplemental Nutritional Assistance Program (SNAP) rules will encourage productivity instead of poverty. “The president has directed me, as Secretary of Agriculture, to propose regulatory reforms to ensure that those who are able to work do so in exchange for their benefits.”

 

 

“During the 2016 campaign, President Trump promised blue-collar and low-wage service sector workers that he would improve their lot. A new labor-market study by a major business group suggests he’s kept his word,” the Investor’s Business Daily editorial board writes. “The study by the Conference Board, the New York-based global business organization and think tank, found that blue-collar workers aren’t just doing better, they’re now in short supply.”

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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.

 

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