Biden White House Rips ‘Private Equity’ ‘Corporate Landlords’ ‘Illegal Information Sharing-Price Fixing-Inflating Rents’–Manufactured Home Community Ties–Facts-Analysis; Sunday MHVille Headlines
For millions of renters, we’re cracking down on big landlords who break antitrust laws by price-fixing and driving up rents.” – Joe Biden, State of the Union (SOTU) address 3.7.2024, per the transcript on right-leaning Breitbart. Biden also said: “Too many corporations raise their prices to pad their profits charging you more and more for less and less.” “That’s why we’re cracking down on corporations that engage in price gouging or deceptive pricing from food to health care to housing.” MHProNews has added the emphasis on housing, and this report will unpack how these words apparently can be applied to the manufactured housing industry. According to Bing AI’s left-leaning Copilot on 3.9.2024 at about 3:25 PM ET: “While MHProNews reported on the topic of antitrust cases in the manufactured housing industry, I could not find any other specific sources or blogs that directly mention how President Biden’s State of the Union remarks align with these cases.”
When Copilot was asked if any specific cases can be found: “While President Joe Biden’s State of the Union remarks did not specifically mention the manufactured housing industry, the focus on cracking down on antitrust violations and price-fixing could indeed have implications for various sectors, including housing. However, I could not find any specific federal action directly related to this claim in the search results.”
That begs several questions and related possibilities.
> “Copilot, is it fair to say that there are several logical possibilities from Biden’s SOTU remarks? For example: it could be that one or more federal agencies are preparing investigations and/or charges. It could be that Biden is simply dangling a campaign promise that he may have no serious intention to act upon. Right? But these and other possibilities at least make the possible risks to consolidators of manufactured home communities aware of the potential for federal action. Correct, confirm, or clarify as needed…”
Certainly! President Joe Biden’s State of the Union (SOTU) remarks open up several logical possibilities, and you’ve highlighted some key points:
Federal Investigations and Charges:
It is possible that one or more federal agencies are actively preparing investigations and considering charges against entities engaged in antitrust violations or price-fixing.
While campaign promises are common, the seriousness of intent varies.
It could be that President Biden genuinely intends to address antitrust violations and housing affordability, or it could be a political statement without immediate action.
Awareness of Risks to Consolidators:
Regardless of the specific intent, the remarks signal potential risks to consolidators of manufactured home communities.
The mention of antitrust enforcement and price-fixing should make industry stakeholders aware of the potential for federal action.
As the following often deeper dives linked items reflect, MHProNews and/or MHLivingNews have led the charge on reporting on these issues, as an appropriate inquiry to Copilot or a Google search would reveal. In many instances, it is only MHProNews and/or MHLivingNews that reports on some issues and topics. This may help explain our apparently superior traffic, also confirmed by Copilot recently in a report linked among our headline’s recapped for the week in review.
The quote you mentioned, “For millions of renters, we’re cracking down on big landlords who break antitrust laws by price-fixing and driving up rents,” was part of President Joe Biden’s State of the Union (SOTU) address on March 7, 20241. While this quote does not specifically mention the manufactured housing industry, it underscores the broader commitment to addressing antitrust violations and deceptive practices. …”
Initially, Copilot missed a then brand-new article posted on MHProNews.
But upon rechecking and finding that then freshly posted report, Copilot said the following. Note Copilot did not report any other uses of that same quote by anyone else in MHVille, including, but not limited to the Manufactured Housing Institute (MHI) and/or those bloggers and publications that are apparently in routine alignment with MHI.
See that item in our headlines for the week that was for Saturday, 3.9.2024 under the What’s News on the Daily Business News on MHProNews, along with numerous other fact-checks, analyses, various articles, and reports.
Don’t miss today’s Postscript.
With no further adieu, here are the MHVille headlines for this Sunday’s week in review, from 3.3 to 3.10.2024.
Then Senator Joe Biden (DE-D) was a member of Congress when the Manufactured Housing Improvement Act of 2000 (MHIA, 2000 Reform Law, 2000 Reform Act) was passed into law by a widely bipartisan vote in both chambers and was subsequently signed by then President William Jefferson “Bill” Clinton (D). Dozens of members of Congress, in both the House and the Senate, where lawmakers at the time of that vote.
So, there are several reasons to think that now Secretary Fudge was exposed to the Manufactured Housing Improvement Act of 2000 before taking on her new role. What is certain is that she is now well aware of the MHIA’s “enhanced preemption” provision.
There is widespread ignorance, failing memories, corruption or some combination of those factors afoot in our nation today. Some people have become wealthy honestly, but others have become wealthy through cronyism and corruption. As the headlines in review above reflect, MHARR recently released its 3 principal bottlenecks report. On the heels of that report, thanks to years of persistent effort, they were able to announce that HUD/FHA/Ginnie Mae have finally relented and have ‘reformed’ the 10/10 rule (see links here and here).
What Mark Weiss, J.D., President and CEO of MHARR called a few years ago a “shell game” “on steroids” and “the Illusion of Motion” is apparent on several levels, not just those he cited. Once Bing’s AI powered Copilot was exposed to the MHIA and its “enhanced preemption” provision, it immediately understood the key role it could play if fully enforced in solving the nation’s affordable housing crisis.
Politely at first, but then more pointedly as the years ticked by, MHProNews and/or our MHLivingNews sister site have reported on the apparent evidence-based examples of either incompetence and/or corruption of what has been described as a “rigged system.” While there may be some incompetent people out there in important roles, common sense tells us that it is far more likely to be corruption and cronyism that is at work.
In order to drill down just how devastatingly clear the solution to the affordable housing crisis could be, we published this new Masthead, which was linked above, but which will be linked again below for reader convenience. Take the 9 minutes (+/-) to read it. See if any obvious and important insights or facts are missing. We think for a focused article, it creates a bright line clarity on the numbers behind the headlines.
It is campaign season. It is also time to press state associations and the Manufactured Housing Institute (MHI) to do their blankety blank jobs properly for the independents in the industry, not just the consolidators in MHVille. It isn’t just manufactured housing that is being consolidated. It is the U.S.A. Who said? The Biden White House. ###
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Our son has grown quite a bit since this 12.2019 photo. All on Capitol Hill were welcoming and interested in our manufactured housing industry related concerns. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included the Constitution of the United States, bottled water, and other goodies.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing.
For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.
This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.
