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Mobile home rent increases skyrocketing as corporations take ownership

Rent in the U.S. is up over 20%, according to rent.com. Mobile or manufactured homes have historically been one of America’s most affordable housing options, but now investors are buying mobile homes parks and jacking up the rent. ....

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'Sitting on a time bomb': Mobile home residents at risk in red-hot housing market

Mobile home residents, many of whom are elderly and have fixed incomes, experience cost increases with few consumer protections. ....

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'Sitting on a time bomb': Mobile home residents at risk in red-hot housing market | News

WASHINGTON — Jon Zang walks his dog several times a day in his mobile home community in West Goshen Township, Pennsylvania. ....

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'Sitting on a time bomb': Mobile home residents at risk in red-hot housing market

Mobile home parks are being acquired by private equity groups, leading to soaring land rents and increased risk of eviction. ....

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'Sitting on a time bomb': Mobile home residents at risk in red-hot housing market – New Hampshire Bulletin

Mobile home parks provide affordable housing for millions of low-income residents – including seniors on fixed incomes – to own homes while renting the land underneath. But in an exploding housing market, that land is increasingly in demand for other projects, or park owners propose major rent hikes or changes in leases. ....

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