'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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Mobile home residents, many of whom are elderly and have fixed incomes, experience cost increases with few consumer protections.
WASHINGTON — Jon Zang walks his dog several times a day in his mobile home community in West Goshen Township, Pennsylvania.
Mobile home parks are being acquired by private equity groups, leading to soaring land rents and increased risk of eviction.
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.
Mobile home parks provide affordable housing for millions of low-income residents — including seniors on fixed incomes.