Well, it could be so if the powers that be in the Omaha-Knoxville-Arlington axis and their allies wanted to tap into those hundreds of thousands of opportunities that could rapidly drive manufactured housing industry sales – and thus production and shipments – dramatically higher.
Tonight’s report will be in two parts, first a look at those leaving California, as told through the lens of San Diego’s ABC News 10 report. That will be followed in our featured focus segment where the New York Post says their research reveals that some 300,000 have left New York City alone in 2020 since the pandemic reared it’s ugly head.
Per an October report by ABC News 10, “Experts are projecting California will lose at least one congressional seat, and possibly two, once the 2020 Census numbers are finalized. The Census officially ended last week.”
ABC 10 added that “it would be the first time ever that California’s political voice will shrink, and San Diego County is one of the most likely regions to have its representation diminish, according to Douglas Johnson, a researcher at the Rose Institute at Claremont McKenna College.”
“That would mean we have two less votes in D.C. when there are votes on which state should get transportation dollars or what should be water policy or anything like that,” Johnson told KGTV .
That may means that California could drop from 55 votes to 53 in the Electoral College. The result is that the “Golden State” would have less influence in future presidential elections. The video above gives more details. The news video below is pre-election, but still has timely information on this exodus from California topic.
With numbers of those souls fleeing California going to nearby Arizona, Idaho, and Nevada, among other states, it could spell additional opportunities for affordable manufactured home industry professionals.
On the political level, if those California refugees take ‘blue’ voting patterns with them, it could tilt once conservative states more Democratic in orientation. The argument has been made by some that such as already impacted Nevada and Arizona.
But on the flip side of that argument is the example of Florida. Many observers thought that when tens of thousands left the Democratic bastion of Puerto Rico for the Sunshine State, that they 2020 election could reflect a blue wave in that state. Additionally, a new law making tens of thousands of ex-convicts eligible to vote was thought to be added fuel for a Democratic blue wave in Florida. But the 2020 election results demonstrated that did not occur. Instead, Republican Congressional victories flipped two seats previously held by a Democrat. The state went for President Trump by a larger margin than in 2016, and defying all the polls that said former VP Joe Biden would win by several points.
That tees up the featured focus, which will follow below. As is our norm on MHProNews, that follows our quotable quotes, left-right headline summary, and two of our three market summary graphics. The manufactured home connected equities at the closing bell today follow the featured focus, and the recent/related reports further below.
Quotes That Shed Light – American Social, Industry, National Issues…
Notice: MHProNews is re-evaluating the long-standing use here of Fox Business in these left right media headlines. This is an apt time to remind readers that these headlines are to provide readers with a quick sense of news that may be moving the markets, from both the left and right of the mainstream media.
We are continuing our test of using headlines from Newsmax, which follows CNN below.
Headlines from left-of-center CNN Business
- Investors get greedy
- People pass by the exterior of New York Stock Exchange (NYSE) on November 4, 2020 in New York. – Wall Street stocks were in rally mode Wednesday, shrugging off uncertainty over the still-unresolved presidential election and the likelihood of divided government in Washington. The Dow Jones Industrial Average was up 2.0 percent, or about 560 points, at 28,041.28 at around 1530 GMT,
- Stocks are near all-time highs thanks in part to optimism about Moderna’s new Covid vaccine
- Dow and S&P 500 hit new record highs after Moderna says vaccine is 94.5% effective
- Moderna chairman: We don’t need deep-freeze conditions for vaccine
- George Soros buys a stake in big data firm Palantir
- A wall of money is ready for the post-pandemic economy
- Walmart retreats from Japan
- PNC is spending $11.6 billion to become a top US bank
- China signs huge Asia Pacific trade deal with 14 countries
- Available at Costco: Your own private jet membership
- Pepsi unveils first 2-liter bottle redesign in nearly 30 years
- Here’s what ‘stations’ for Elon Musk’s The Boring Company look like
- HBO Max is finally available on Amazon Fire TV
- A demonstrator holds a sign that reads “Cancel Rent” at a protest against evictions outside of the Municipal Court in Philadelphia, Pennsylvania, U.S., on Thursday, Sept. 3, 2020. Roughly one in five American renters — between 19 million and 23 million people — are at risk of eviction by the end of September, according to an analysis by the Aspen Institute.
- A ‘huge wave of evictions’ is possible in January
- This May 4, 2020, file photo provided by the University of Maryland School of Medicine, shows the first patient enrolled in Pfizer's COVID-19 coronavirus vaccine clinical trial at the University of Maryland School of Medicine in Baltimore. On Monday, Nov. 9, 2020, Pfizer said an early peek at its vaccine data suggests the shots may be 90% effective at preventing COVID-19.
- What to know if your employer wants you to get vaccinated for Covid
- Mercedes-Benz E-Klasse Limousine, 2020, Outdoor, Exterieur:
- MotorTrend reveals its Car of the Year
- MARKETS
- HISTORIC LAUNCH
- SpaceX carries its first full team of astronauts to space
- Crew Dragon is expected to dock with ISS tonight
- What the moments after liftoff feel like
- ‘A lot of firsts’: NASA and SpaceX shoot for history
- NASA astronauts can’t wait to leave Earth for SpaceX mission
- SWEET TREATS
- The king of the ice cream wants to do home delivery in 30 minutes
- Cinnabon is selling its frosting by the pint
- McDonald’s new pastries are here
- Dunkin’ adds a spicy donut for the first time ever
- People are staying outside and making S’mores. That’s great news for Hershey chocolate sales
Headlines from right-of-center Newsmax
- Dick Morris to Newsmax TV: Pa. Case Is Not Dropped
- Debunking a Washington Post report, presidential political strategist Dick Morris on Newsmax TV said the Trump legal team is still seeking to dismiss 630,000 Pennsylvania ballots counted without meaningful observation after Election Day.
- Facebook, Twitter CEOs to Be Pressed on Election Handling
- Trump Campaign Slams Coverage of Revised Pa. Lawsuit
- Trump Hints at Support for Primary Against GOP Ohio Governor
- Trump: ‘I WON THE ELECTION’
- Collins: Georgia Recount a ‘Fight for Every Legal Vote’
- Trump National Security Adviser: Looks Like Biden Won
- Obama Advises Trump to Concede, Put Country First
- HHS’ Azar: Transition on COVID Will Be ‘Professional’ If It Happens
- Trump Urges Judge to Preserve Suit Over Pennsylvania Ballots
- Trump to Order Troop Reductions in Afghanistan, Iraq
- Mulvaney: GOP Can Face Blame If Transition Isn’t Smooth
- SEC Chairman Jay Clayton Is Stepping Down Early
- Trump: Vaccines Took Place on My Watch
- Trump Aide Promises ‘Very Professional Transition’
- Trump Administration to Seek Bids on Arctic Oil Leases
- Trump to Get Portrait, Library Regardless of His 2024 Plans
- Biden Calls on Congress to Pass More Virus Relief
- Joe Biden on Monday called on Congress to come together and pass a new coronavirus relief package.In remarks on the economy, Biden urged lawmakers in both chambers to pass a package similar to the one first passed by the U.S. House of Representatives in May and then revised…
- Related Stories
- Biden Outlines Plan to Ease Economic Inequity Amid Pandemic
- Fauci ‘Concerned’ About Transition Affecting Vaccine Rollout
- AP: 65 WHO Staff Have Virus
- Former HHS Secretary Says Trump Admin Deserves Credit for Vaccine Efforts
- Moderna CEO: Research Used in Vaccine Underway for Years
- Trump to Order Troop Reductions in Afghanistan, Iraq
- Mulvaney: GOP Can Face Blame If Transition Isn’t Smooth
- SEC Chairman Jay Clayton Is Stepping Down Early
- Trump: Vaccines Took Place on My Watch
- Trump Aide Promises ‘Very Professional Transition’
- Trump Administration to Seek Bids on Arctic Oil Leases
- Trump to Get Portrait, Library Regardless of His 2024 Plans
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus –
Where Business, Politics and Investing Can Meet
The New York Post, using Freedom of Information Act filings, obtained records that revealed that 295,103 change of address requests from residents leaving New York City from March 1 through Oct. 31, 2020.
“Since the data details only when 11 or more forwarding requests were made to a particular county outside NYC, the number of moves is actually higher. And a single address change could represent an entire household, which means far more than 300,000 New Yorkers fled the five boroughs,” explained the Post.
The tongue-in-cheek escape from New York is fueled not only by coronavirus concerns but economic worries, school chaos and rising crime, experts say.
“I think people are afraid,” Michael Hendrix, director of state and local policy at the Manhattan Institute, said. “They’re afraid of catching a deadly virus and they’re afraid of crime and other quality-of-life concerns. One thing we also hear is about trash and cleanliness of the city.”
“The biggest reason for people leaving the city is uncertainty about when the pandemic will be over and how quickly the New York economy will recover,” said Kathryn Wylde, head of the Partnership for New York City. “More than half a million city residents who were employed in the retail, restaurant, services sectors have lost their jobs and cannot afford city rents. The late decision on reopening public and private schools forced many families to relocate so they could make enrollment deadlines in districts where they were living during the pandemic.”
Among the destinations are areas in Florida, New Jersey, and an array of other states. Several of those areas could be possible opportunities for the sellers of manufactured homes.
Unfortunately for manufactured housing industry independents, while conventional housing is soaring, manufactured housing is snoring. Much of the reason for that could be laid at the feet of the self-proclaimed ‘leaders’ of manufactured housing and the industry’s post-production sector.
See the related reports below for more details, examples, and related reports.
Related, Recent, and Read Hot Reports
October Jobs + AEI Housing Center Nowcast Data, plus Manufactured Home Investing, Stock Updates
Manufactured Housing Industry Investments Connected Closing Equities Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
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“More Punitive Regulatory” Regime Looms Warns New Manufactured Housing Industry Insider
Fall 2020…
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
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.
