Divide and rule or divide and conquer aren’t mentioned in the expert news-viewpoint by E.J. Antoni on the subject of “Automobile ‘Bidenvilles’ Are the New Shantytowns Amid US Housing Affordability Crisis.” Antoni’s article is found in Part I of this report with analysis.  Nor is the most proven free market solution to the U.S. affordable housing crisis specifically mentioned. Sabotage monopoly tactics, projection, paltering, propaganda, and manufactured housing all bear mention. But perhaps they are implied. Certainly, the historic connection Antoni makes between Hoovervilles to Bidenvilles is keenly insightful, as our MHVille analysis and commentary will reveal in Part II.

The Daily Business News on MHProNews markets report with left-right headlines recaps are found in Part III.

Part I – Provided by the Daily Signal to MHProNews is the following.

ECONOMY | COMMENTARY

Automobile ‘Bidenvilles’ Are the New Shantytowns Amid US Housing Affordability Crisis

EJ Antoni / @RealEJAntoni / April 03, 2024

When people couldn’t afford housing during the Great Depression, they built shantytowns from scrap construction supplies and named them “Hoovervilles,” after President Herbert Hoover. Today, Americans increasingly live out of their cars because they can’t afford housing. If history is any guide, will parking lots full of Americans soon be known as “Bidenvilles”?

The problem has gotten so bad that Sedona, Arizona, recently set aside a parking lot exclusively for these homeless workers. The city is even installing toilets and showers for the new occupants.

Apparently, the City Council thought installing temporary utilities was cheaper than solving the area’s cost-of-living crisis.

And what a crisis it is.

The average home in the city sells for $930,000, while most of the housing available for rent is not apartments, but luxury homes targeted at wealthy people on vacation.

With such a shortage of middle-class housing and with starter homes essentially nonexistent, low- and even middle-income blue-collar workers have nowhere to go at night but their back seat.

Much like America’s Great Depression in the 1930s, this marks a serious regression in our national standard of living. But shantytowns were not prevalent in the 1920s (a decade that began with a depression) or the 1910s. Nor were they ubiquitous following the Panic of 1907, which set off one of the worst recessions in American history.

Indeed, Americans in the Great Depression faced such a cost-of-living crisis that many were forced to accept a standard of living below what their parents and even their grandparents had.

Fast-forward about 90 years, and countless families are in the same boat. Many young people today don’t think they’ll ever be able to achieve the American dream of homeownership that their parents and grandparents achieved. The worst inflation in 40 years, rising interest rates, and a collapse of real (inflation-adjusted) earnings mean a huge step backward financially.

That inflation has pushed up rents so much that young Americans are moving back in with their parents at rates not seen since the Great Depression because they can’t make it on their own. Sometimes, they can’t even make it with multiple roommates.

But many people cannot move back in with family, so the car it is.

The housing problem is not limited to wealthy towns in Arizona, however. It is systemic. The monthly mortgage payment on a median-price home has doubled since January 2021, and rents are at record highs. Like the Great Depression, this disaster stems from impolitic public policy.

For the past several years, the government has spent, borrowed, and created trillions of dollars it didn’t have. The predictable result of this profligacy was runaway inflation, followed by equally foreseeable interest rate increases.

The deadly combination of high prices and high interest rates has frozen the housing market and reduced homeownership affordability metrics to near-record lows. In several major metropolitan areas, it takes more than 100% of the median household after-tax income to afford a median-price home.

Since rents and virtually all other prices have risen so much faster than incomes over the past three years, even renting is unaffordable today, so many people have to go into debt to keep a roof over their heads. And for some, that’s a car roof.

This is the kind of story you might expect from a Third World country or somewhere behind the Iron Curtain during the Cold War, not the largest economy in the world—at least not outside of a depression like the one in the 1930s.

Hoover certainly deserved some blame for the Great Depression, but so did the progressives in Congress, who came from both parties and repeatedly voted to meddle in the economy instead of allowing it to recover from the initial downturn.

Similarly, President Joe Biden deserves blame for constantly advocating runaway government spending. But today’s multitrillion-dollar deficits are also made possible by the big spenders in Congress, who come from both parties.

If this bipartisan prodigality of Washington continues, Bidenvilles will only become more widespread as the housing affordability crisis worsens.  ##

Originally published at WashingtonTimes.com

Part II Additional Information with More MHProNews Analysis and Commentary

MHProNews and our MHLivingNews sister site have periodically for years pointed to the connection between the homeless and the artificial lack of access to HUD Code manufactured homes. Minneapolis Federal Reserve researchers have made a similar point (see further below) and used the example of tents as the alternative or outcome to what happens when there is not enough affordable housing.  Antoni’s article may be one more piece of expert thinking that points to the need for more manufactured housing without explicitly saying so as those prior sources have done.  Numbers of reports in 2024 suggest that the intersection of interrelated issues may be ready to resonate with an increasingly unhappy population. For the hard left, the solution to a problem such as the lack of affordable housing is routinely more spending.  Links to that sort of thinking will be found herein below. But that message from the left begs the question. Why don’t moderate and conservative leaders more routinely make the direct case to the affordable home seeking public that the free market has the solution if only it is allowed to work as God and Congress intended? The reason that is significant is this. The latest figures from HUD to Congress on homelessness counts for 2023 data is clear. Even with more federal spending, there are more homeless people. States like California where billions are spent also happen to have the highest count of homelessness in the U.S.  Then House Minority Leader James “Jim” Clyburn (SC-D) plain said on left-leaning MSNBC that Democrats ‘knew’ they would cause inflation.

There are a range of institutional failures involved, not just governmental, although public policy clearly plays a role. Some nonprofits are failing to connect these dots. Numbers in media are failing to make such fact-based connections. Some in academia are failing to make these evidence-based connections.

Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

Dan Bongino routinely makes the pitch for soundbites and snapshots. On the left and right sides of the image above is a visual snapshot of various types of homelessness.  In the center is the commonsense and most proven solution. Affordable housing must be – wait for it – inherently affordable. Without more manufactured homes (the center side of the image above) the result is more homelessness.

MHProNews made that point months before the latest HUD data on record “Point in Time” homelessness using left-leaning Oregon Public Broadcasting insights. Once the facts are understood, data from the left or the right can be utilized to illustrate that the solution to the affordable housing crisis is found by applying existing federal laws properly.

Dissatisfaction with the economic and political status quo is apparent for a clear majority of the population. Some 65 to 70 percent of the population believes that the nation is on the wrong track per years of polling in the Biden era. That means that more than enough Democrats, Republicans, and third-party supporters along with Independents which could be knit into a governing coalition for 2024 and beyond. Research in late 2023 indicated that the majority of the public has moved away from NIMBY to YIMBY.

The report linked below explores some of that through the lens of the growing disenchantment by Gen Z and millennials to cause growing concerns in Democratic election strategies. No wonder that Biden and his team are pushing for student loan forgiveness, despite the Supreme Court ruling. Vote buying with taxpayer money and cronyism with taxpayer and regulatory assistance are two of the often unstated but apparent features of Bidenomics, “Build Back Better,” the “Great Reset,” or whatever the next cool sounding and Pravda-like label the left’s image makers opt to use.

As an FYI, per Bing’s AI powered Copilot.

The age ranges of different generations are¹²³:

• Gen Z: Born 1997-2012 (11-26 years old)
• Millennials: Born 1981-1996 (27-42 years old)
• Gen X: Born 1965-1980 (43-58 years old)
• Baby boomers: Born 1946-1964 (59-77 years old)
• Gen Alpha: Born early 2010s-2025 (0-about 10 years old) …”

Antoni said above:

Many young people today don’t think they’ll ever be able to achieve the American dream of homeownership that their parents and grandparents achieved. The worst inflation in 40 years, rising interest rates, and a collapse of real (inflation-adjusted) earnings mean a huge step backward financially.

That inflation has pushed up rents so much that young Americans are moving back in with their parents at rates not seen since the Great Depression because they can’t make it on their own. Sometimes, they can’t even make it with multiple roommates.”

Once more, prior reporting by MHProNews spotlighted those issues. Plus see the report linked above featuring the observations of Manzanita Miller, linked here for reader convivence.

There is a case to be made that from sources across the left-right divide that the manipulation of the American public is becoming more evident. It is also thought by credible voices from the left and right that an increased awakening of the public may be underway.

While E.J. Antoni’s latest thought-piece on the lack of affordable housing and the dirty consequences of Bidenomics didn’t mention affordable manufactured housing, that explicit statement may not be necessary for informed manufactured housing professionals. That said, it would be useful for the broader public to realize that the absence of the most proven free market solution to the affordable housing crisis – modern HUD Code manufactured homes – is going to result in harmful ripple effects for much of society.

Clearly, the meaning of words and clarity on principles (e.g.: cause and effect) matter, as George Orwell and God himself understood. So, facts matter too. By gathering evidence and notions that span the left-right divide, a factual and common-sense case can be crafted that will attract the persuadable voters who swing elections.

Deception, misdirection and deep pockets for funding campaigns or post-public office sweetheart deals are features as well as tactics of the oligarchic and plutocratic American ruling class.  Those oligarchs and plutocrats have been documented to have coopted much of the Democratic Party and still has plenty of enough sway with enough Republicans to potentially toss the narrowly controlled U.S. House of Representatives from GOP hand and give it to minority leader Hakeem Jeffries (NY-D) before the 2024 election. MHProNews is monitoring that later potential.

Information dominance coupled with capital control and access have long been significant in modern societies. The billionaires that have at various times backed “Establishment Republicans” (thus part of the meaning of that phrase) are often behind “Establishment Democrats.” No less a figure than longtime Democratic and leftist donor supporter Warren Buffett and his billionaire pal William “Bill” Gates III have all but spelled it out. Those who aren’t bending the knee to their self-serving agenda need to increasingly expose the connections, especially well in advance of 2024 general or special election voting.

The old bait and switch, paltering, projections, and censorship of dissent that harms the ruling elite’s perceived interests, are features of modern society that keep millions confused enough to either sit on the sidelines or vote against their own interests. They are implied by Gates and are implicit remarks by Buffett.

Behind the curtain of big corporations with a higher profile presence at the Manufactured Housing Institute (MHI), firms like Equity LifeStyle Properties (ELS), are even larger firms with trillions of dollars in assets.

Neither too little nor too much should be said about private equity giants such as BlackRock, Vanguard, and State Street.  Say too little, and important influences on the market are missed. Say too much and the charge of conspiracy theorist is leveled by those who would rather the public not see that the trends toward consolidation of the economic, political, and communications power of the U.S. is increasingly in very few hands.

The facts, once understood, about the impacts of zoning, regulations, financing, and sound information about that all contribute to limiting access to inherently affordable manufactured homes are surprisingly clear.  The affordable housing crisis in the U.S. needs an ‘all of the above’ approach where various forms of competing housing are allowed to perform with a minimum of governmental interference. If the playing field is level, if existing laws are properly enforced, if regulators don’t either over or underdo their jobs as Congress has directed, affordable manufactured housing would soar. But when public policies interfere in that process, then a dearth of manufactured housing results. When too few manufactured homes are built, an array of troubling outcomes follows in its wake.

While the latest manufactured housing data reflects an improvement, the fact that apparent market manipulation has thwarted production just naturally results in more homelessness. What Antoni called Bidenvilles are the result.

Ronald Reagan famously quipped that “the nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.” The founders revolted against monopoly power and autocratic/bureaucratic rule. But generations of institutional influence and control has allowed the billionaire-backed leftists in the U.S. to muddle the thinking of millions.

As manufactured home production in the U.S. declined, the underpinnings of the affordable housing crisis were fueled. The answer for Democrats is to offer the latest government program or plan (see below). Ironically, HUD’s own researchers have said that plans by various administrations have for 50 years made promises that were never delivered. The answer for Republicans and truly moderate Democrats ought to be, let the free market and existing laws work. Explain to the public the utterly necessary role that manufactured housing uniquely fills as the most proven solution for unsubsidized affordability.

The New Democrats are correct in saying that the lack of affordable housing near where it is needed is costing the U.S. economy some $2 trillion dollars annually. But the ‘solution’ they have advanced is demonstrably not going to work, as the report with analysis below demonstrates.

Evidence of Truly Affordable Housing Hiding in Plain Sight – ‘Average Sales Price of New Manufactured Homes by Region and Size of Home’ per U.S. Census Bureau Data; plus MHVille Markets Update

Part III – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.

Headlines from left-of-center CNN Business – 4.5.2024

• Stocks end the day higher even as blowout jobs report pushes some Fed officials to consider another rate hike
• Trump Media stock sinks to post-merger low
• Powerball lottery tickets are seen in San Gabriel, California, on July 19, 2023.
• Powerball jackpot surges to an estimated $1.3 billion after no big winner Wednesday
• Growth in women occupying senior corporate roles has been exponential in recent years, but slowed considerably in 2023.
• Share of women in C-suite roles falls for first time in two decades, study finds
• Zantac heartburn pills are seen in this picture illustration taken October 1, 2019.
• Sanofi to settle 4,000 Zantac cancer lawsuits in US state courts
• Vice President of ESPN Norby Williamson, who also oversees SportsCenter, holds a staff meeting in the executive conference room of ESPN Headquarters on November 15, 2018.
• ESPN executive targeted by host Pat McAfee departs network
• 2 million packets of Tide, Gain, Ace, and Ariel detergent pods recalled over faulty packaging
• Job seekers attend a Veteran Employment and Resource Fair in Long Beach, California, on Tuesday, January 9, 2024.
• March jobs report comes in hot: The US economy added 303,000 positions last month
• Employees install parts on a Mercedes-Benz GLS-Class SUV as it moves down the production line at the Mercedes-Benz US International factory in Vance, Alabama on June 8, 2017.
• UAW reaches milestone in filing for union vote at second nonunion automaker
• Close up of female hand using laptop on office table.
• AI will shrink workforces within five years, say company execs
• The stock market rally is sputtering. Earnings season could revive it
• Elon Musk’s reversal on blue checkmarks shows his desperation to lure high-profile users back to X
• Nigeria wants a road to rival the Pacific Coast highway. A prime Lagos beach resort stands in the way
• Why you can, and should, ignore that 9pm email from your boss
• Caitlin Clark will head to the WNBA at a critical moment for the league
• Janet Yellen tackles China over flood of cheap goods
• After a dismal year, Samsung forecasts a 900% jump in profit
• Two million Black+Decker steamers have been recalled after more than 80 reports of burn injuries
• 99 Cents Only Stores is winding down its business operations
• Meta’s AI image generator really struggles with the concept of interracial couples
• Elon Musk’s X is back to giving out free blue checks. It’s no surprise they were a tough sell
• Dow drops 500 points, continuing Wall Street’s rough streak ahead of jobs report
• Latino immigrant workers died on the Baltimore bridge. More will likely rebuild it

 

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below the graphic below or click the image and follow the prompts.

 

Headlines from right-of-center Newsmax – 4.5.2024

• Trump Team: Illegal Immigrants Want Biden to Win
• Former President Donald Trump’s team on Friday told supporters that migrants in Mexico want Joe Biden to win reelection. [Full Story]
• Israel at War
• Israel on High Alert, Netanyahu Vows to ‘Harm’ Evildoers
• Cease-Fire, Hostage Talks Set for Cairo This Weekend
• Israel Dismisses 2 Officers Over Deadly Drone Strikes
• McDonald’s Buys Its Israeli Restaurants
• Netanyahu to Iran: Israel Knows How to Defend Itself
• Israel: Oct. 7 Hostage Likely Killed by Friendly Fire
• Israel Cabinet Warns: World War III Possible
• Israel Evacuates Embassies Amid Max Threat Alert
• Israel Disables GPS as Troops Activated
• Newsmax TV
• Ohio Sheriff: Victims of Migrant Crime Should Sue Mayorkas
• Andy Harris: Bridge Bill Is on Shipping Company | video
• RNC Chair Whatley: Voters Must Have a Plan | video
• Giuliani: N.Y. Police Don’t Trust Democrat Politicians | video
• Lara Trump: Huge Fundraising Month for RNC | video
• FCC’s Carr: Net Neutrality Means More Govt Control | video
• Dan Meuser: Illegals Take Millions of New Jobs | video
• Claudia Tenney: Hochul Should Axe DA Bragg | video
• Laurel Lee: Mayorkas Breached Public Trust | video
• Newsfront
• 8 Magnitude NYC Earthquake Rattles East Coast
• An earthquake shook the densely populated New York City metropolitan area Friday morning, the U.S. Geological Survey said, with residents reporting they felt rumbling across the Eastern Seaboard…. [Full Story]
• Related Stories
• Yankees Felt Ground Shaking at Stadium From Earthquake
• Wall Street Indexes Surge on Strong Jobs Data
• S. stocks finished higher Friday after a strong jobs report [Full Story]
• Freedom Caucus Has Demands to Fund Key Bridge Fix
• The House Freedom Caucus on Friday demanded that all federal funding [Full Story]
• Trump Bond Lender: Charged Him ‘Low Fee’
• Don Hankey, the billionaire businessman whose company Knight [Full Story]
• CDC Issues Health Alert for Bird Flu Infection
• The U.S. CDC on Friday issued a health alert to inform clinicians, [Full Story]
• RFK Jr. Campaign Backtracks on Jan. 6 ‘Activists’ Label
• Independent presidential candidate Robert F. Kennedy Jr.’s campaign [Full Story]
• Related
• New Trump Ad Paints Democrats as ‘The Party of Violence’
• Emerson Poll: Trump Holds 1-Point Lead Over Biden
• Marquette Poll: Trump Holds 2-Point Lead Over Biden
• Report: No Labels Ditches Effort at ‘Unity Ticket’
• Jill Biden: ‘Obvious’ Joe Will Win
• Ukraine Strikes Russian Air Base, Destroys 6 Planes
• Ukraine attacked Russia’s Morozovsk military air base in the Rostov [Full Story]
• Related
• Russia’s Lavrov Praises China’s Peace Plan for Ukraine as Reasonable
• Mostly Clear Skies for Monday’s Eclipse; Texas Iffy
• Some who hope to witness Monday’s total solar eclipse may see the sun [Full Story]
• Antitrust Probe of Realtors Can Reopen, Court Rules
• The Justice Department will be allowed to reopen an antitrust [Full Story]
• Houthi Red Sea Attacks Expose US Vulnerabilities
• Attacks on shipping in the Red Sea by Houthi rebels have not only [Full Story] | Platinum Article
• Related
• US Destroys Houthi Anti-ship Missile in Yemen
• SPONSOR: And how to prepare using this one secret
• DNC Raps Trump on Abortion With Fla. Billboard Buy
• The Democratic National Committee is hitting former President Donald [Full Story]
• Judge Blocks Trump Subpoena to NBC in Criminal Trial
• Donald Trump’s subpoena to Comcast-owned NBCUniversal for material [Full Story]
• Biden Tours Site of Collapsed Baltimore Bridge
• President Joe Bide got a firsthand look Friday at efforts to clear [Full Story]
• Greenblatt: The Hate of Anti-Israel Protesters
• The anti-social nature of this hate-fest has its origins in the [Full Story]
• Employers Added a Surprising 303,000 Jobs in March
• America’s employers delivered another outpouring of jobs in March, [Full Story]
• NYC to Pay $17.5M in Hijab Mug Shot Settlement
• New York City reached an agreement to pay $17.5 million to settle a [Full Story]
• Trump Team: Illegal Immigrants Want Biden to Win
• Former President Donald Trump’s team on Friday told supporters that [Full Story]
• Bob Good Endorses Richard Moss in Indiana
• House Freedom Caucus Chair Bob Good, R-Va., has endorsed entrepreneur [Full Story]
• ‘The Rock’ Regrets ‘Division’ Biden Endorsement Caused
• Dwayne “The Rock” Johnson famously endorsed Joe Biden’s candidacy for [Full Story]
• House Dems Introduce Bills to Codify DEI
• House Democrats introduced two bills in an effort to codify DEI [Full Story]
• Melania Trump to Hold GOP LGBT Fundraiser
• Former first lady Melania Trump is set to host a fundraiser for the [Full Story]
• McDonald’s Buys Its Israeli Restaurants
• McDonald’s is buying its restaurants in Israel from a longtime [Full Story]
• US Court Orders Iran, Syria to Pay $191M to Fuld Family
• The Iranian regime and Syrian Arab Republic must pay $191 million for [Full Story]
• US Air National Guardsman Defects to Russian Army
• A former member of the U.S. Air National Guard has allegedly defected [Full Story]
• Biden Funneling Billions to GOP, Swing States
• About $250 billion are being sent to Republican and swing states [Full Story]
• Millennial ‘Gold Bugs’ Shop for $2K Bars at Costco
• Costco shoppers can now buy a $1.50 hot dog – and a $2,200 bar of [Full Story]
• Biden’s ‘Strategic’ Decision to Take Campaign Local a ‘Double-Edged Sword’
• President Joe Biden’s strategy to go local on the campaign trail may [Full Story] | Platinum Article
• Airlines Want to Boost Military Travel Benefits
• S. Transportation Secretary Pete Buttigieg on Thursday urged the [Full Story]
• Court Mulls Throwing Out Abortion Ban Challenge
• Attorneys defending Tennessee’s sweeping abortion ban alleged [Full Story]
• Judge Denies Trump’s Presidential Records Act Argument
• Donald Trump suffered a pair of legal setbacks on Thursday as judges [Full Story]
• ATF: 68,000 Guns Illegally Trafficked Over 5 Years
• More than 68,000 illegally trafficked firearms in the U.S. came [Full Story]
• More Newsfront
• Finance
• Tesla Scraps Low-Cost EV Plans Amid Fierce China Competition
• Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters…. [Full Story]
• Immigration Helping Boost Job Market
• Strong Jobs Data Means More Inflation, No Cuts
• Meta to Put ‘Made With AI’ on Videos, Images, Audio
• WSJ: Biden Plans Another Try at Student Loan Relief
• More Finance
• Health
• Eclipse Viewing: Keep Your & Your Kids’ Vision Safe
• People preparing to watch Monday’s total eclipse of the sun need to protect their vision during the event, eye doctors say.Powerful ultraviolet rays can do permanent damage to the eyes if people look directly at the sun as the moon is sliding into place before it, said…… [Full Story]
• How Flotation Therapy Can Boost Your Mental Health
• Medicare Enrollment: Not as Easy as You Think!
• Cancer Cases Set to Soar 77 Percent by 2050
• Suicides of College Athletes Doubled in 20 Years

 

Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

Notice: MHProNews invites the firms named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, neither MHI nor MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including but not limited to an outreach on Dec 7, 2o23 and Feb 25, 2024.

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.” KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

 

 

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st 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.

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

====================================

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other manufactured housing professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

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 linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements 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. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but those sites get more much more total traffic). Statistics Data Infographics Research Facts Evidence and manufactured housing industry expert analysis make us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.