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in america, I owned a trailer or what's called a mobile home. what killed it for me is the places you can put one (lots of NIMBY) and the lots you can lease fo
by nimbius 4y ago
in america, I owned a trailer or what's called a mobile home. what killed it for me is the places you can put one (lots of NIMBY) and the lots you can lease for one have exorbitant fees for water/sewage and land. its all the worst parts of renting rolled into a $60k home.
- rootusrootus 4y agoIMO the only good option for a manufactured home at this point is to drop it on a nice piece of acreage out in the sticks. No pesky zoning or NIMBY problems, and you can spend your money on the land instead.
- jamiek88 4y agoAnd those areas are harder to find unless you go waaaaay out there. Even then you need to invest in septic tank generally.
- antisthenes 4y agoThere is generally no free lunch when it comes to housing. It's just expensive in developed countries, unless it's in a dangerous/decaying area.
- marvin 4y agoWell, it's "just expensive" because most developed countries happen to develop the same stupid incentives for making housing difficult. Even if you exclude everything that's health, safety and environment.
- gscott 4y agoAnd after awhile you trailer becomes to old to accept into a new park so it is captive in the park you are at and they can increase fees on you forever.
- StillBored 4y agoEven if you could find a park for them, after about 20-30 years they can't really be transported because the materials/glue/calk/etc they are manufactured with literally cracks, breaks and even disintegrates. AKA, moving one creates a lot of dynamic stress that breaks the roof seals, flooring, plumbing, etc. Leaving them sitting its possible to maintain them such that they remain waterproof, but as soon as you move it, they need a new roof coating at a minimum. Its largely why they lose value too. They need to really be treated as prefab, placed on a foundation and built around. Only one ends up replacing much of the thing over the long run as mobile home parts aren't as generic as normal houses, so one gradually has to replace the lightweight fixtures/windows/etc with normal builder grade hardware which weights significantly more before the mobile home specific parts become unavailable.
- SyzygistSix 4y agoAnd then knowing this, investors buy the land and jack up the rent a ridiculous amount. It's a predatory business that produces no value.
- SyzygistSix 4y agoBuying up the trailer park/land is becoming an increasingly predatory business model for investors, precisely because it is impractical/impossible and a poor economic decision to move manufactured housing or trailers.
- imtringued 4y agoIt's the land stupid.