University Researcher tells MHProNews COVID19 Could Boost HUD Code Manufactured Housing, plus Manufactured Home Investor, Stock Updates

DowJones4.15.2020ManufacturedHomeStockUpdatesBroaderMarketSnapshotA university researcher called MHProNews today to discuss the potential for the HUD Code manufactured home industry in the post-COVID19 economy.

On another day when stocks broadly declined, some of that academic researcher’s comments will be our spotlight in the featured focus section of our evening report, beyond the left-right media headlines and related daily market updates.

 

Every Business Nightly – Headline and Graphical Insights-at-a-Glance.

Every weekday night that the stock markets are open, we provide headlines from left-of-center CNN followed by right-of-center Fox Business. It is sometimes surprising how much We share closing tickers and other related data courtesy of Yahoo Finance, and more. 5 to 10 minutes reading this MHProNews market report every business night could save you 30 minutes to an hour of similar reading or fact-gathering elsewhere.

Perhaps more important, you will get insights about the industry from experts that care, but also dare to challenge the routine narrative spun by some that arguably keeps manufactured housing underperforming during an affordable housing crisis.

 

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The Whatever side of the left-right divide you are on, this quote by President Obama is quite right. That’s true in political news. But there is something similar with respect to manufactured housing news and reports. We sift through the facts and figures to provide insights found no where else in MHVille.

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Using this quote graphic should not be construed to support Buffett or the creator of the illustration.
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Understanding media bias is useful to sifting through possibly hidden agendas. We are mindful of the ancient and tested principle of separating the wheat from the chaff.

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Headlines from left-of-center CNN Business

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Headlines from right-of-center Fox Business

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10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
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Featured Focus – Where Business, Politics and Investing Can Meet

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First, the summary of statements from an academic researcher involved in a multi-year manufactured housing related project.

In off-the-record comments, the source explained their specific interest in HUD Code manufactured homes, not just any kind of factory-built housing.

While the academic made it clear that their research pre-dated the COVID19 outbreak, now more than ever, they believe that manufactured housing could be poised for serious growth post-pandemic.

The reason, sadly, would be that the savage economic impact on millions of Americans. It is entirely possible that many won’t be able to afford more than a manufactured home.

There was much more, which may be explored at a future date, but let’s unpack those thoughts.

 

MHProNews Analysis and Commentary

The reasoning and logic advanced by that researcher was solid. On paper, there are several reasons for manufactured home industry professionals to feel empathy for the millions harmed by what the anti-communist Epoch Times has dubbed the Chinese Communist Party virus or CCP virus.

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But a caveat is in order. By accident and/or design, the manufactured housing industry’s self-proclaimed preeminent trade group has failed to properly promote the industry’s potentially strong hand. The Manufactured Housing Institute (MHI) based in Arlington, VA seems to engage in what could be a Laurel and Hardy style slapstick comedy routine, where the scenario not so serious. An example of arguably ineptitude and failure to connect the dots on their own website and messaging was in evidence today when MHI sent out a document with part of a new graphic that is contradicted by at least 2 places on their own website.

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If MHI can’t or won’t correct obvious errors on matters like this, why would anyone be surprised if they can’t get good existing laws fully and properly enforced? MHI and their cheer leaders can’t have it both ways. If they are so excellent and superb, let them prove it by actions and results, not words and posturing.

ManufacturedHousingInstituteInfographic2018dataStillOnMHIWebsite4.15.2020ManufacturedHomeProNewsFactCheck 

While acknowledging potential, many of the roadblocks facing manufactured housing are internal. The examples above make this point. If MHI can’t get and keep their own facts straight in their own emails, why should people in or out of manufactured housing be surprised that they can’t or don’t properly promote good existing laws for the benefit of industry independents and potentially millions of consumers?

It’s elements of the Manufactured Housing Improvement Act of 2000 (MHIA or 2000 act) and the flexibility in building methods that are among the attractions for that university researcher and others peering into the world of manufactured housing.

A new whistleblower report makes it clear that people within the MHI and affiliates circle aren’t happy campers.

Communities, Assoc Exposé – Whistleblower “Leaks” – Lesli Gooch Manufactured Housing Institute (MHI) CEO and Sheila S. Dey, Executive Director Western Manufactured Housing Communities Association (WMA)

Why should MHI independents be satisfied? After all, Lesli Gooch, Ph.D., has by another whistleblower been revealed to have significant conflicts of interest. What she seems to be superb at is escaping accountability for failures to do her job successfully and for apparent conflicts of interest. That is a reflection on the MHI executive committee and board of directors, isn’t it?

 

These are the among those accountable for industry underperformance.

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MHI and their “leadership” are ever more apparently being revealed to be ineffective at best or corrupt at worst, take your pick. Who does that benefit? Consolidators.

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MHI and their leaders are unwilling or unable to discuss, debate or refute these increasingly self-evident facts. It is their own corporate and association leaders that are now making the point that MHProNews has argued is the reality for years. Instead of dealing with it, MHI and their ‘leadership’ posture and attempt to distract with Razzle Dazzle methods and meaningless photo ops. But the industry’s lethargy speaks to their actual effectiveness.

See the related reports for more.

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From the in depth interview found at this link here.

Related Reports:

CFPB Issues Key Ruling on CARES Act – Affordable, Manufactured and Modular Housing Industry Significance

MMI Exec Michael Glass’ Exclusive Analysis on COVID19 Impact on Manufactured Home Communities; Latest 2020 “Parks” Data & Trends

Legacy Housing’s “Kenny and Curt” COVID19 Document Leak, “World Class “Shuckers-and-Jivers”- Skyline Champion Revelation

MHARR Warns-Not Just Factories, Retailers Need “Essential” Business Designation, plus Manufactured Home Stock, Investing Updates

Legacy Housing’s “Warren Buffett Type Moat” and COVID19 Response Plan Assailed by Company Whistleblowers

Wrongful Death COVID19 Case Alert to Landlords, Producers; News Tips, AG Barr Warns Christian Rights Violations on Easter – Sunday Headlines Review 4.5 to 4.12.2020

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https://www.manufacturedhomepronews.com/masthead/u-s-economic-hit-by-covid19-in-photos-mhville-implications-plus-doctor-sara-kayat-on-herd-immunity/

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.

              • 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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Spring 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.
Enjoy these ‘blast from the past’ comments.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our tenth anniversary and is in year 11 of publishing.
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Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.

Celebrating 10 Years of Goal- and Solution-Oriented Manufactured Home Industry Innovation Information, and Inspiration for Industry Professionals

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

2019 Year-End Totals Reveals Decline in New HUD Code Manufactured Home Production, Shipments vs. 2018

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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.)

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MHProNews traveled to Washington, D.C. on the week of 12.2.2020 so Tony could present to the FHFA Listening Session and meet with others in the Capitol during the week regarding industry issues.

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.
http://latonykovach.com

Connect on LinkedIn: http://www.linkedin.com/in/latonykovach

 

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