A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long been a way for lower-income folks to become homeowners. In fact, data show that 20 million Americans live in mobile homes nationwide, roughly 6% of all residences. However, it has been reported that this demographic is also feeling the pressure of rising costs.
“In interviews with a dozen mobile home residents around the country, all said their rents had risen this year. Most reported increases of 10 to 25 percent, although some said monthly payments had doubled or tripled.”
“…low supply and an increase in corporate owners is driving up monthly costs for low-income residents with few alternatives”
Click here to read the full story at Brietbart.com.
