The Daily Business News has been raising concerns about monopolies – notably those that impact manufactured housing – for some time.
Ultimately, as L2 Founder, and NY Stern Professor Scott Galloway explains, certain monopolies impact everyone. For example, when Amazon puts companies out of business, that eliminates jobs. Those employers and workers may have been possible consumers for our industry’s products.
What Galloway explains anew in this recent video is how important independent – small businesses – are to an economy. And the underlying message is that the public, public officials and politicos should be doing something about it. His example includes Amazon, which was our market focus tonight. Keep in mind that Amazon sells container housing via its website.
When one recognizes the impact of a few mega companies on all others in manufactured housing, those who aren’t with a giant should realize that the clock is ticking; and the mega-corps will be the winners, unless action is taken.
Which is why the Trump Administration, and people across the left-right political and media divide are increasingly tuned into the issue of regulating, or breaking up, the monopolies.
Ignore the trends at your peril.
Deep pocket investor? There’s a different strategy for billion dollar hedge funds and other fearless billionaires to consider, which will be examined in an upcoming report. The bloom isn’t going to fall of the tech rose, at least, not all at once. What is going to be increasingly obvious is what an amazing opportunity manufactured housing is, for those with the proper long-term strategy.
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Related: Example of how the smaller player is outperforming the larger one…
Related: The Nation on Warren Buffett, Clayton Homes
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.