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Mobile homes are not trailers. You can get MHs now that are built like traditional housing and pass the new construction requirements. They can also have prope
by ianai 4y ago
Mobile homes are not trailers. You can get MHs now that are built like traditional housing and pass the new construction requirements. They can also have proper refrigerated air (haven’t seen heat pumps but probably). They’re usually better at staying warm in winter than cool in summer, in my experience, but that’s probably much better in the newer years.
Trailers are closer to customized shipping containers in construction. They’re making something out of a metal shell to act like a fancy camping solution.
Having said that, I’d still be very careful buying or living in a MH today. Older models have a serious drop off in quality and things like how you actually repair them. Plus the local mobile home parks want north of 700/mo just for lot rent! They’ve lost their minds. (Or, worse, are hoping to drive tenants away so they can sell the land to developers.)
- yourapostasy 4y ago> They’ve lost their minds. (Or, worse, are hoping to drive tenants away so they can sell the land to developers.) Mobile home parks are popular with hedge fund and private equity firms. They realized a ways back that these are captive markets. The tenants usually do not have access to the kinds of capital (ready or structured instruments) to easily move, so these firms incrementally increase monthly lot fees in full knowledge that the tenants would rather scrounge another $50 per month from their income (or add to debt load) than spend a one-time $5,000 to move to another park where there isn’t a guaranteed lot rent anyways.
- bequanna 4y agoAlso, very few new trailer parks are approved by local municipalities making them increasingly scarce.