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So, like an apartment, then? No real loss, considering the apartment is the alternative. On the other hand, in many places I've lived, owning or renting a trai

So, like an apartment, then? No real loss, considering the apartment is the alternative. On the other hand, in many places I've lived, owning or renting a trailer was the closest folks can get to a house or the easiest/cheapest way to get a place with space.

sixothree 6y ago
Except there are situations where a trailer sitting idle for some time loses ability to move to a new location.
- Broken_Hippo 6y ago
  That's not really a consideration for most folks buying them, honestly. Even if they are physically able to move, the cost prohibits this. It is generally difficult to give them away. None of this is a secret, either. Every poor person I knew that saw trailers as a better option than renting knew the downsides.
klyrs 6y ago
Only you buy the house, so it's like an apartment but with a $50-$100k deposit that depreciates and when you move out, you don't get it back from the landlord, you sell it to the next tenant
- Broken_Hippo 6y ago
  So? And honestly, it isn't that much upfront. Generally cheaper than a house with monthly payments lower than rent, and that is including lot rent, if you have it. Total rent is generally cheaper than a like sized house if you are just renting. No shared walls. You can often have pets. When your option is to rent part of a house, especially from a not-so-wonderful landlord, this is a nice option. It literally doesn't matter if you don't get your money back or if it doesn't seem like a good investment. Few folks are in it for the investment, but honestly, most folks aren't really buying a house for the investment, but rather that they get some freedom and security (the bank won't kick you out for willy-nilly reasons: A landlord can simply decide not to renew your lease, at least in places with poor renter's protections). Quality of life things are important.
deleted 6y ago
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sixothree 6y ago

Except there are situations where a trailer sitting idle for some time loses ability to move to a new location.

Broken_Hippo 6y ago
That's not really a consideration for most folks buying them, honestly. Even if they are physically able to move, the cost prohibits this. It is generally difficult to give them away. None of this is a secret, either. Every poor person I knew that saw trailers as a better option than renting knew the downsides.

klyrs 6y ago

Only you buy the house, so it's like an apartment but with a $50-$100k deposit that depreciates and when you move out, you don't get it back from the landlord, you sell it to the next tenant

Broken_Hippo 6y ago
So? And honestly, it isn't that much upfront. Generally cheaper than a house with monthly payments lower than rent, and that is including lot rent, if you have it. Total rent is generally cheaper than a like sized house if you are just renting. No shared walls. You can often have pets. When your option is to rent part of a house, especially from a not-so-wonderful landlord, this is a nice option. It literally doesn't matter if you don't get your money back or if it doesn't seem like a good investment. Few folks are in it for the investment, but honestly, most folks aren't really buying a house for the investment, but rather that they get some freedom and security (the bank won't kick you out for willy-nilly reasons: A landlord can simply decide not to renew your lease, at least in places with poor renter's protections). Quality of life things are important.

deleted 6y ago

[deleted]