Affordable Housing

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Wall Street Journal, Media Reveal Warren Buffett’s Modular Building Move–Modular, not Manufactured Housing–Berkshire MiTek-Danny Forster (DFA) Plan; Ohio MHA Backstory-Deploy Reverse Moat?

The Wall Street Journal, Architectural Digest, the Motley Fool’s Millionaire Acres and an array of other mainstream and specialized media have reported on “MiTek, a Missouri construction company owned by Warren Buffett’s Berkshire Hathaway, is launching a new modular building venture,” as the Real Deal reported. As a Yahoo news report said, “The multibillionaire investor has …

Wall Street Journal, Media Reveal Warren Buffett’s Modular Building Move–Modular, not Manufactured Housing–Berkshire MiTek-Danny Forster (DFA) Plan; Ohio MHA Backstory-Deploy Reverse Moat? Read More

Stephanie Reid Raises Undocumented Immigrants Getting Ripped Off by Manufactured Home Communities Issue

  In a release to the Daily Business News on MHProNews today was a Q&A by Stephanie Reid.  Reid was “formerly on staff with the Senate Select Committee for Manufactured Homes,” said the GSMOEF – the GSMOEF, or the Golden State Manufactured-Home Owners Education Fund, which is affiliated with the …

Stephanie Reid Raises Undocumented Immigrants Getting Ripped Off by Manufactured Home Communities Issue Read More

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Foundation for Action as Fannie Mae CEO Put on Notice for Robust Personal Property Manufactured Home Lending

“Congress, as part of the Housing and Economic Recovery Act of 2008 (HERA), enacted the Duty to Serve Underserved Markets (DTS), a remedial mandate which directs Fannie Mae and Freddie Mac to “develop loan products and flexible underwriting guidelines to facilitate a secondary market for mortgages on manufactured homes for …

Foundation for Action as Fannie Mae CEO Put on Notice for Robust Personal Property Manufactured Home Lending Read More

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Ross Kinzler Confirms Allegations, MHEC Peer Claims “Association Malpractice;” Member Backstab, MHI Failure Concerns

  There are several hot-button issues that are circulating in manufactured housing. They include, but are not limited to, the following.   The failure of the Manufactured Housing Institute (MHI) to respond to the Bryan, TX “ban” and limitations places on new or pre-owned manufactured housing. That ban is the …

Ross Kinzler Confirms Allegations, MHEC Peer Claims “Association Malpractice;” Member Backstab, MHI Failure Concerns Read More

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Monopolization of America Video, Your Customers, Manufactured Housing, Berkshire News Tip, and You

The principle of the “Wheat and Chaff” is a time-honored one dating back over 2000 years to ancient Israel and other parts of the Middle East. Separating “wheat from chaff” – the healthy from the unhealthy, the good from the bad – is a highly useful concept in our manufactured …

Monopolization of America Video, Your Customers, Manufactured Housing, Berkshire News Tip, and You Read More

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Jujitsu – Last Week Tonight John Oliver “Mobile Homes” Video Fact-Check Revelations

Dictionary.com says, “Jujitsu definition, a method developed in Japan of defending oneself without the use of weapons by using the strength and weight of an adversary to disable him.” Ponder that, “using the strength and weight of an adversary” against them. Here’s more about jujitsu or jiujitsu: “use of an …

Jujitsu – Last Week Tonight John Oliver “Mobile Homes” Video Fact-Check Revelations Read More

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Upcoming Special Opportunities Intelligence Reports, Plus Headwinds, Immediate MHC Independents Warning

Businesses, organizations, and professions are based upon solving some need(s).  Keep that simple truth in mind. In the case of our industry, that need is for affordable housing, and/or for ‘fast homes.’  Manufactured homes are not instant, but compared to many other operations, HUD Code homes are quicker. This morning …

Upcoming Special Opportunities Intelligence Reports, Plus Headwinds, Immediate MHC Independents Warning Read More

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Announcements Speeding 5G, Plus Manufactured Home Stock Updates

President Donald J. Trump and the Federal Communications Commission (FCC) Chairman Ajit Pai made several announcements today about 5G. On a day when the markets largely rose, as did much of the manufactured home industry’s tracked stocks, our focus will be the importance and looming economic impact of 5G.   …

Announcements Speeding 5G, Plus Manufactured Home Stock Updates Read More

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MarketWatch Reports on Manufactured Housing, 2018-2019

It’s Flashback Friday. Reviewing two reports by MarketWatch are timely, and ought to make followers of the popular personal finance guru Dave Ramsey, or HBO’s Last Week Tonight with John Oliver sit up and think again. These are equally timely because of the arguably injustice that is taking place in …

MarketWatch Reports on Manufactured Housing, 2018-2019 Read More

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Sun Communities Under the Hood – Data Reveals – Manufactured Homes, Communities, Comparisons with Conventional, Multifamily Housing

Someone might take HBO’s Last Week Tonight with John Oliver satirical hit on “Mobile Homes” at face value.  For those lacking sufficient insight, they might be left with the impression that buying a manufactured home is stupid, because the industry is filled with nothing but heartless sharks.  The examples they …

Sun Communities Under the Hood – Data Reveals – Manufactured Homes, Communities, Comparisons with Conventional, Multifamily Housing Read More

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Bryan Manufactured Homes Ban Passed, But Petition Count, Other Legal Moves May Stop Texas City

WTAW, Bryan’s website, and locals on the ground tell the Daily Business News on MHProNews that “The Bryan city council voted 5-2 Tuesday night to eliminate future manufactured home placement on individual lots. Joining Greg Owens, who made the motion, and Buppy Simank, who seconded the motion, were Reuben Marin, …

Bryan Manufactured Homes Ban Passed, But Petition Count, Other Legal Moves May Stop Texas City Read More

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Michigan Association’s Video Campaign, What They’ve Said About Manufactured Home Living

  “Cannot believe they used our promotional material from the nineties to mock our industry! Not cool!!” said William G. ‘Bill’ Sheffer, CAE, Executive Director, Michigan Manufactured Housing Association (MMHA).   Sheffer and the MMHA are not the only Manufactured Housing Institute (MHI) members and affilates who have ranted about HBO’s …

Michigan Association’s Video Campaign, What They’ve Said About Manufactured Home Living Read More

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Warren Buffett Wades Into Politics, Why Not John Oliver’s Piece on “Mobile Homes?”

“Billionaire investor Warren Buffett is once again wading into the topic of politics,” according to CNBC in an article linked here. The article is entitled, “Warren Buffett wants to ask the 2020 presidential candidates this 1 question.” The Daily Business News on MHProNews will explore that as our focus for …

Warren Buffett Wades Into Politics, Why Not John Oliver’s Piece on “Mobile Homes?” Read More

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President Trump Remarks to Union, Signs Executive Order on Energy & Infrastructure, Plus MH Market Updates

There are numerous ties between energy sector jobs and factory-built housing. UMH Properties (UMH), to name but one example, has a significant location count in the Marcellus region.  Several producers are keen on workforce housing, or retailers who sell homes to those who work in the energy sector. On a …

President Trump Remarks to Union, Signs Executive Order on Energy & Infrastructure, Plus MH Market Updates Read More

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Short History Of Taxation in U.S., Infographic, Plus Manufactured Home Equities Updates

On a day that saw each major index drop, and almost all manufactured home tracked stocks fall, with Tax Day approaching, we thought we’d feature a short history of U.S. taxation infographic.  Not perfect, but it is fascinating.   If you’re new, already hooked on our new spotlight feature – …

Short History Of Taxation in U.S., Infographic, Plus Manufactured Home Equities Updates Read More

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Factory-Builders, Retailers, Developers – Is This Your Future Competition Beyond Berkshire Brands in MHVille? Understanding Jeff Bezos’ Amazon

There are several operations that believe they are positioning themselves for the future of manufactured housing. Some are not only aware; they are arguably counting on the Berkshire Hathaway owned Clayton Homes and their “strategic Moat.”  A number of those firms are Manufactured Housing Institute members, but others are not. …

Factory-Builders, Retailers, Developers – Is This Your Future Competition Beyond Berkshire Brands in MHVille? Understanding Jeff Bezos’ Amazon Read More

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“Economic Racism.” Angry Residents, Students, Civic Leaders Fight Plan to Ban Affordable Manufactured Homes, Industry Professionals Sound Off

  “The proposed action by the City of Bryan is an unvarnished and discriminatory attack against lower and moderate-income citizens who rely on manufactured homes as affordable, non-subsidized housing.  The proposal is seriously misguided at best, as noted by Tony Kovach and Lance Inderman, and stands in direct conflict with …

“Economic Racism.” Angry Residents, Students, Civic Leaders Fight Plan to Ban Affordable Manufactured Homes, Industry Professionals Sound Off Read More

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Art Laffer on POTUS Trump’s Federal Reserve Board Picks, Plus MH Market Updates

From across the left-right spectrum, there is surprise and push back on President of the United States (POTUS) Donald J. Trump’s proposed nominees to the Federal Reserve Board.  It’s a chess game, in part, as POTUS Trump is essentially using the nominees in part to hammer a message home that …

Art Laffer on POTUS Trump’s Federal Reserve Board Picks, Plus MH Market Updates Read More

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HUD Office of Inspector General Breaks Up Section 8 Scam

The media release from HUD reported below is one of dozens of such incidents that are discovered every year, year after year. Manufactured home community owner Marge Clark recently told MHProNews that in her view, perhaps the largest competitor to affordable manufactured homes is arguably subsidized housing. Subsidized Housing vs …

HUD Office of Inspector General Breaks Up Section 8 Scam Read More

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HUD Study on Manufactured Housing Discriminatory Zoning, Placement by Local Cities, Counties Requested

It will be recalled for the sake of new readers that the Daily Business News on MHProNews has been documenting cases of manufactured homes being limited, excluded, and/or discriminated against in zoning and placement practices by local jurisdictions for several years. That is so, despite the wide body of evidence …

HUD Study on Manufactured Housing Discriminatory Zoning, Placement by Local Cities, Counties Requested Read More

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