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Until your mobile home park gets sold out from under you to build overpriced condos. This has been happening to many mobile home parks in the SF Bay Area.
by klipklop 3y ago
Until your mobile home park gets sold out from under you to build overpriced condos. This has been happening to many mobile home parks in the SF Bay Area.
- dave333 3y agoYes, but I would say a few parks have been sold for condo development not many. Makes it important to choose a park where either the residents own the land collectively, or the municipality supports lower cost housing and has rent control on the space rent - e.g. San Jose limit of 3% per year increase. There are also horror stories like the park at Natural Bridges near Santa Cruz where a new gazillionaire owner jacked up the space rents to $5000/month - admittedly this is right on the ocean.
- fragmede 3y agoUnder SB9, yet put the prefab housing in the backyard of the existing home you live in. You're not going to sell your own home out from under you.