HUD recently revealed its annual report on homelessness. Despite federal, state, and local spending, HUD’s own data admitted that homelessness is on the rise to record levels, despite ever-higher spending. Perhaps U.S. Senator Joni Ernst’s (IA-R) “Naughty No Shows” list might spark the notion that vacant federal office space could be converted and used to help? That’s only half-kidding, but citing federal figures, Ernst spotlighted that HUD’s employees are only reporting to work at their supposed office at the dismal rate of just 7 percent of their workforce. Yes, just 7 percent show up to work in the office, months after the declared COVID19 pandemic was declared to be…over.  As Senator Ernst put it: “Ironically, instead of getting the homeless off the streets, no one is even home at HUD.” Insights into that report will be in Part I of this article. Meanwhile, in Part II of this report, Senator Rand Paul (KY-R) released his annual “Festivus” data, which this year documented well over $850 billion in federal spending deemed wasted. Examples of how much was spent on specific forms of waste and totals lost on the taxpayer’s dime are found in the list below.

What does this mean for MHVille? The following example is an illustration.

According to the U.S. Census Bureau’s latest data, found at this link here along with much more national, state, and regional manufactured housing facts and figures, the average national cost of the mix of new single- and multi-sectional manufactured homes was $118,000.00 in July 2023.

Hypothetically speaking, imagine if that wasted money Senator Pauls’ Festivus report were not wasted at all, and $850 billion dollars were repurposed and utilized instead to buy new HUD Code manufactured homes.

$850 billion dollars would pay for a total of 7,627,118.64 new HUD Code manufactured homes.

Per the figures used by Cavco Industries (CVCO), that 7,627,118 new manufactured homes could more than close the housing shortage gap. There would be more than enough homes left over to give every homeless American a home that is paid for entirely.

Additionally, there would still be some 900,000 new HUD Code manufactured homes ‘left over.’

While that obviously isn’t happening, the math from that illustration helps convey just how much waste is occurring and what it could mean to many everyday Americans.  More on that in Part III of this report, which will examine Part I and II with Additional Information, More MHProNews Analysis and Commentary.

Part I – From Real Clear Wire via the WND News Center to MHProNews is the following report.

YOUR GOVERNMENT AT WORK

2 years after Biden’s call to return, many U.S. buildings mostly empty

‘Deck the agency halls with federal workers or sell off unused space’

By WND News Services

Published December 25, 2023 at 2:14pm

By Susan Crabtree
Real Clear Wire

More than two years after the Biden administration called on all federal agencies to create plans to bring employees who teleworked during the COVID pandemic back to the office, the vast majority of Washington, D.C.’s federal buildings are still sprawling expanses of empty, echoing hallways and offices.

In fact, 17 of 24 federal agencies use an estimated 25% or less of their headquarters’ office capacity, according to an updated survey by the General Accounting Office, a government agency that provides auditing and investigative services for Congress.

The survey showed that all federal buildings except the Treasury were operating at or below 31% office occupancy, with some far below that level, during the period surveyed. The Treasury Department has done better than most in seeing its employees return to work. Forty percent of the Treasury Department was back to work when the GAO survey was conducted.

The Social Security Administration and the Housing and Urban Development offices were both at 7% occupancy; the Small Business Administration was at 9%; the Office of Personnel Management notched in at 12%; and the Transportation Department was at 14% occupancy. The General Services Administration, which manages all federal buildings, was operating at 11%, as was the Department of Agriculture.

The U.S. Agency for International Development [USAID] is located in the expansive Ronald Reagan Building, the second largest government building after the Pentagon, with 3.1 million square feet of office space on 11 acres. USAID’s occupancy was at 23%. The Department of Homeland Security, which under Secretary Alejandro Mayorkas’ leadership has come under fire from Republicans for failing to secure the southern border, was at 31% occupancy during the periods the GAO surveyed.

Although many private companies, which must answer to shareholders, have offloaded their pricey office space as many employees have shifted to telework, the U.S. government continues to pay a hefty price tag for office space while allowing liberal remote work. Federal agencies spend roughly $2 billion a year to operate and maintain federal office buildings and an additional $5 billion to lease office buildings, according to the GAO.

“This Christmas season, I’m calling on Biden’s bureaucrats to deck the agency halls with federal workers or sell off unused space,” Ernst told RealClearPolitics.

“Four years have passed since COVID temporarily closed federal buildings, but bureaucrats are still failing to show up for work,” she said in a statement.

Ernst called out a “naughty list of no-shows,” which have taxpayers “on the hook” for paying for their expensive office space.

“No wonder [Transportation Secretary] Pete Buttigieg can’t address delays for Americans going home for the holidays if he can’t even get his employees to show up to work,” she said. “And while DHS headquarters remains nearly empty, illegal immigrants are filling up sanctuary cities. Ironically, instead of getting the homeless off the streets, no one is even home at HUD.”

The COVID pandemic’s liberal telework policies have exacerbated low occupancy rates, though federal agencies have vastly underutilized their office space since the early 2000s. Based on its calculations for one of the federal headquarters buildings, the GAO estimated that only 67% of building capacity would be used even if all assigned staff entered the building on a single day.

“As the country emerges from the pandemic and agencies continue to offer telework as an option, the federal government has a unique opportunity to reconsider how much and what type of office space it needs,” the GAO concluded in a July report.

Although an official breakdown by agency of the number of workers working remotely at least part-time does not exist, far more government workers have been working remotely since the COVID pandemic. The liberal COVID telework policies have become a catalyst for the need to modernize and downsize the federal real estate portfolio, said Tom Schatz, president of Citizens Against Government Waste, a taxpayer watchdog group.

“Federal real property management has been on GAO’s high-risk list since 2003 because the government has had more space than it needs,” he said in an interview. “It’s a matter of establishing what the government needs and where they need to have these headquarters. It really could not be a simpler decision.”

Schatz and other like-minded watchdogs support a campaign to move some federal office agencies out of D.C. and closer to the people most impacted by the agencies’ policies. Ernst, along with Ohio Republican Rep. Bill Johnson, sponsored a bill in 2022 that would distribute agency headquarters throughout the country and would, according to Ernst and Johnson, provide the added benefit of bringing stable jobs to other parts of the United States.

Schatz said the Biden administration hasn’t signaled whether it would support such a move but is pressing agencies to bring their employees back to work.

Earlier this fall, facing large numbers of federal workers who were still not coming into the office, the White House privately pushed Cabinet secretaries to bring their employees back, Axios reported. Only about half of Cabinet agencies had achieved the White House’s goals of returning to office work by January. White House Chief of Staff Jeff Zients has made returning to the office a priority for both the White House and the broader executive branch and sent a Cabinet-wide memo over the summer urging an end to telework.

“We are running to in-person work because it is critical to the well-being of our teams and will enable us to deliver better results for the American people,” Zients wrote.

During an early October Senate hearing, the billions of dollars spent for empty federal office space came under fire. Sen. Shelley Moore Capito, a West Virginia Republican, voiced deep concerns over wasted resources used to heat, cool, and maintain the underutilized buildings.

“Each year, it costs billions of taxpayer dollars to operate and maintain these federal buildings, regardless of their utilization,” she said. “This is simply unacceptable.”

Congress also has passed laws, including the Inflation Reduction Act, giving the General Services Administration, which runs the federal buildings, funds to make buildings more energy efficient and resilient to climate change and to promote the use of low-carbon materials.

Half of the GSA-managed leases are set to expire by 2027, which Delaware Democratic Sen. Tom Carper said provides an opportunity to downsize the building space. Carper added that DHS is already working to reduce its office footprint in Washington, D.C., by more than 1.2 million square feet. That effort alone would save taxpayers an estimated $1.3 billion over the next 30 years, according to the GSA.

This article was originally published by RealClearPolitics and made available via RealClearWire. ##

Part II – From Senator Rand Paul’s media release to MHProNews is the following.

Dr. Rand Paul Releases 2023 ‘Festivus’ Report on Government Waste

WASHINGTON, D.C. – Today, U.S. Senator Rand Paul (R-KY), Ranking Member of the Senate Homeland Security and Governmental Affairs Committee, released his 2023 “Festivus” Report, totaling ~$900,000,000,000 in government waste.

This marks Dr. Paul’s ninth edition of the Festivus Report as he continues working to alert the American people to how their federal government uses their hard-earned money.

Some of the highlights include the National Institutes of Health spending a portion of a $2.7 million grant to study Russian cats walking on a treadmill and Barbies used as proof of ID for receiving COVID Paycheck Protection Program funds. The Department of Defense ruined over $169 million worth of military equipment by leaving it outside, the United States Agency for International Development spent $6 million to promote tourism in Egypt, and the Small Business Administration gave ‘struggling’ music artists like Post Malone, Chris Brown, and Lil Wayne over $200 million.

You can find Dr. Paul’s 2023 Festivus Report HERE. ##

Some of the highlights of that linked report (with the data on the MHProNews website) are as follows.

The Festivus Report 2023

Happy Festivus!

How is 2023 already coming to a close? What a year it’s been. Twitter is now X, what we thought were UFOs were actually Chinese Spy Balloons, Barbie battled Oppenheimer at the box office, and a missing F-35 jet flew for over 60 miles without a pilot. It’s safe to say that some big changes have occurred since last year’s Festivus Report.

Last Festivus, we lamented over the national debt reaching an astronomical $30 trillion. Shockingly, in one short year, the career politicians and bureaucrats in Washington have managed to approach $34 trillion in debt, without so much as a second thought.

Who’s to blame for our crushing level of debt? Everybody. This year, members of both parties in Congress voted to raise the debt ceiling, which empowered the government to borrow an unlimited amount of money until 2024. As Congress spends to reward its favored industries and pet projects, the American taxpayers are forced to pay the price through record high inflation and crippling interest rates.

The same big spenders teamed up, yet again, to continue sending Americans’ hard-earned money to foreign countries and funding endless wars, all while ignoring our porous southern border.

And our mountain of debt will continue to pile ever higher. The Congressional Budget Office predicts we will add an average of $2 trillion in debt annually for the next decade. The U.S. government will add over $5 billion of debt every single day for the next ten years. We borrow over $200 million every hour, we borrow $3 million every minute, and we borrow $60,000 every second.

This year, I am highlighting a whopping ~$900,000,000,000 of waste, including an NIH grant to study Russian cats walking on a treadmill, Barbies used as proof of ID for receiving COVID Paycheck Protection Program funds, $6 million to promote tourism in Egypt, and $200 million to ‘struggling artists’ like Post Malone, Chris Brown, and Lil Wayne. No matter how much money the government has already wasted, politicians keep demanding even more.

As always, taking the path to fiscal responsibility is often a lonely journey, but, as I’ve done in years past, I will continue my fight against government waste this holiday season.

So, before we get to the Feats of Strength, it’s time for my Airing of (spending) Grievances! I have a lot of problems with federal spending, and now it’s time to hear all about them! ##

The Waste of 2023

 Barbie Doll Photo Used to Get COVID PPP Funds…………………….portion of $800,000,000,000
 In the RED: Interest on Our National Debt is Expensive ……………..…………….$659,000,000,000
 Dr. Fauci’s Monkey Business on NIH’s “Monkey Island”……………………..………..….$33,200,000
 USAID Fund to Boost Egyptian Tourism…………………………………………………………………$6,000,000
 USDA’s Cutting-Edge Research: Walking Dogs in the Summer……………………………..Unknown
 DHS Training Employees to Be Their “Authentic & Best Selves”……………..……………..Unknown
 Russian Cats-On-A-Treadmill Studies Funded by NIH……………………..…..portion of $2,700,000
 The Government Pays Dead People … Again!…..…………………………………………$38,000,000
 DOD’s Lobster Tank………………………………………………………………………………….$8,395
 How to Ruin Expensive Military Equipment Part 1: Engines………………………………$89,000,000
 How to Ruin Expensive Military Equipment Part 2: Transmissions……………………….$12,600,000
 How to Ruin Expensive Military Equipment Part 3: Tank Treads………………………….$68,000,000
 “Real Fake”: DHS’s 1st Graphic Novel About Disinformation…………………………………Unknown
 DHS’s 2nd Graphic Novel: COVID Disinformation…………..…………………………………Unknown
 NIH’s Meth-Head Monkeys………………………………………………………portion of $12,000,000
 Treasury’s Pot of Cash for Political Campaigns……………………………….……….…$400,000,000
 NIH’s Monkey Casino: Gambling for Drinking Water………………….………..portion of $3,700,000
 SBA’s Ticket to Backstage………………………………………………….……………….$200,000,000
 Studying COVID-19 “Misinformation” On Social Media In Black & Rural Communities…$3,800,000
 Dr. Fauci’s Transgender Monkey Study…………………………………………………………$477,121
 Whoopsie: Improper Federal Payments………………………………………………$236,000,000,000
 FLASHBACK: The Government Likes Its Gambling Monkeys…………………………….…$171,000

Taxpayer Dollars Wasted: ~$900 Billion

##

Illustrations and more details on the above are found at this link here or click to open the PDF below.

https://www.manufacturedhomepronews.com/wp-content/uploads/2023/12/SenatorRandPaulKY-R-FestivusReport-2023-FederalWaste-MHProNews.pdf

Part III – Additional Information with More MHProNews Analysis and Commentary 

Our illustration of how much $900 billion dollars in spending could buy in the national average of new manufactured homes sold as of July 2023 produced the figures shown in the preface. Here is the math. $900,000,000,000/$118,000 = 7,627,118.64. Cavco Industries (CVCO) estimated there is a national shortage of some 6 million housing units in the U.S. Cavco also said that the lack of affordable housing is about a $2 trillion-dollar annual drag on the U.S. economy. Money wasted by government has ripple effects, as does money spent on politicized and crony capitalist purposes.

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Part I mentioned the organization Citizens Against Government Waste (CAGW).  That organization publishes its own annual report on waste, fraud, duplication, and abuse.  Some pull quotes from CAGW’s Prime Cuts 2023, released in October 2023, are as follows.

Rising interest rates will make payments for interest on the debt a fast-growing share of federal expenditures.  If Congress does not reduce spending, more money will have to borrowed to fund federal programs, which will mean more interest payments.  Each one percentage point increase in interest rates means $330 billion more in annual interest payments on a debt of $33 trillion.  That amount is more than the combined annual budgets for the Departments of Commerce, Energy, Interior, and Justice.

The fiscal morass has been caused by several massive spending packages, including bills signed into law in response to COVID-19 starting in the Trump administration, but mostly due to the bills passed during the Biden administration.  They added $6 trillion in pandemic-related spending, much of which had nothing to do with the pandemic.  The American Rescue Plan Act, which cost $1.9 trillion and was passed on a partisan basis by a Democratic majority in Congress and signed into law by President Biden, added as much as 3 percentage points to inflation.  This excessive stimulus resulted in higher inflation in the U.S. than the average in 10 Organization for Economic Development countries.

Other legislation has not improved the picture.  The Infrastructure Investment and Jobs Act of 2021 (IIJA), signed by President Biden on November 15, 2021, came with a price tag of $1 trillion.  Then, on August 16, 2022, President Biden signed the Inflation Reduction Act, a deceptively labeled bill that included $369 billion in climate change/Green New Deal spending, $80 billion to hire 87,000 new Internal Revenue Service agents, and the establishment of drug cost negotiations that will result in price caps for drugs purchased by Medicare, crippling innovation by biopharmaceutical companies.  Even President Biden admitted the bill was misnamed, saying on August 11, 2023, that “it has nothing to do with inflation: it has to do with $368 billion, the single largest investment in climate change anywhere in the world …”

To help mitigate the fiscal tsunami, Citizens Against Government Waste (CAGW) is releasing Prime Cuts 2023, which has been published since 1993.  The 2023 version contains 543 recommendations that would save taxpayers $402.3 billion in the first year and $4 trillion over five years.  The recommendations were drawn from longstanding and new proposals from CAGW, including some that were set forth by both Democratic and Republican administrations and members of Congress, as well as nonpartisan sources.

Prime Cuts 2023 addresses every area of government spending.  For example, the report proposes eliminating the Market Access Program (MAP), which aims to help agricultural producers promote U.S. products overseas.  MAP is a corporate welfare program that funnels millions of dollars to large, profitable corporations and trade associations that can well afford to pay for their own advertisements.  Eliminating MAP would save taxpayers $878 million over five years.  …”

The Prime Cuts 2023 report is found at this link here.

Note the quotable quote by CAGW of Biden above: Biden admitted the bill was misnamed, saying on August 11, 2023, that “it has nothing to do with inflation: it has to do with $368 billion, the single largest investment in climate change anywhere in the world …”

Not only did it have nothing to do with inflation reduction, but it also actually accelerated inflation, which many Americans believe has hurt them personally.  Who said that these Democratic policies fueled inflation? The #3 Democrat at the time in the U.S. House, then Majority Whip James “Jim” Clyburn (SC-D), who many credit has playing a pivotal role in getting Joe Biden into the White House in 2020.

Time and again, some elected public officials and some appointed ones too are making statements in support of some program that they likely know is untrue when they made their claim. MHProNews reported numerous times in 2021 that the effects of inflation was coming, because what is commonly described as inflation is fueled by an increase in the money supply. Some have called it too many dollars chasing too few goods and services. While there seems to be something true in that remark, it is more aptly seen as a description of the effects of inflation. Regardless, the public sees ever rising costs as harmful and so do smaller businesses. See more on that in the report linked below.

FactCheck.org is considered a left-leaning, or pro-Democratic, source. Yet on 12.5.2023 they said the following. “Biden Spins the Facts in Campaign Speech.”

“At a campaign reception in Denver…Joe Biden distorted some of the facts and the position of his predecessor:”

• Biden claimed that the U.S. has the “lowest inflation rate of any major country in the world right now.” As of October, at least Italy and Canada reported lower inflation rates than the U.S.

• The president claimed to have “cut the federal deficit” by making some corporations pay higher taxes. But the deficit in fiscal year 2023, when the tax went into effect, still increased.

• He said that former President Donald Trump “is proposing …. cutting Social Security and Medicare.” But in January, Trump advised Republicans against cutting funding for the Social Security and Medicare programs.

• Biden said Trump’s “plan” was to end the Affordable Care Act, jeopardizing health insurance for 40 million people. But that worst-case-scenario figure is based on Trump not replacing the ACA with anything. He [Trump] says he would replace it with something — though he has given no details on what that would be.

On 12.13.2023, FactCheck.org said: “When a politician boasts of a “record,” our ears perk up. Is it really a record? In President Joe Biden’s case, when it comes to economic growth and unemployment, it’s simply not.” “Biden has falsely touted “record economic growth…but quarterly GDP growth has been greater than that many, many times.” “Unemployment — Also Not a ‘Record,'” said FactCheck.org.

FactCheck.org publishes the following graphic quarterly. “This is our eighth installment of “Biden’s Numbers,” a quarterly feature we launched in January 2022.” Among the troubling statistics are the following.

• Debt held by the public has increased by 22.5%.

• The trade deficit for goods and services has gone up by 24.6%.

They also said that home ownership rates remain largely unchanged.

• Homeownership rates have barely budged under Biden.

MHProNews reviewed the quarterly graphic with the call out information pointing to some key figures below.

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That was from our report on October 24, 2023. Since then, HUD’s annual report has been published, as was mentioned above.

Under Biden’s time in the White House, billionaires and big crony corporate interests are benefiting, while the vast majority of the public is not.

‘Banana Republic’ ‘The New Fight for Freedom’–Pundits and Politicos Cheer-Jeer-Fundraise over State Court’s Trump Ruling–Lifelong Democrat Decries; Buffett Buck$ Connection; plus MHMarkets

There are doubtlessly numbers of committed federal, state, and local officials. There may well be teleworkers who are doing a good job. An article in Psychology Today, for example, says that some remote workers provide improved productivity by some 5 to 9 percent.  But a search using Bing AI said the results are mixed.

“…It is also worth noting that productivity is influenced by several factors such as the nature of the job, the work environment, and the individual’s personality traits. Therefore, it is difficult to make a generalization about the efficiency of remote work employees¹…”

As 2023 draws to a close, and political primaries, general elections, economic, social, and other topics will heat up in 2024 it is worth noting that per voices on the left and right, ‘the system’ is largely not working as pitched.

REQUIEM FOR THE AMERICAN DREAM, ‘Concentration of Wealth-Power’ Noam Chomsky Documentary Video-Transcript; Views-Analysis on Affordable Housing-Vanishing Middle Class from MHVille; plus MHMarkets

Mortgage Payments on Average New House Up 90 Percent in U.S. Under Bidenomics–90%-Not a Typo! Factors Why Affordable Housing Crisis Worsened-Facts and Analysis; plus MHVille Market$ Update

Are people fed up enough to push for a change? Time will tell. Stay tuned to your only manufactured housing industry news-tips-views source that dares look at such issues armed with facts, evidence, and applied common sense. ##

Part IV – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

Headlines from left-of-center CNN Business – from the morning of 12.26.2023

• Apple is no longer selling the newest Apple Watch in America after the White House declines to overturn ban
• A woman browses through what items remain on near empty shelves at a Rite Aid store in Alhambra, California, on October 18, 2023, that is due for closure next Monday. The US pharmacy chain this week filed for Chapter 11 and plans to close almost 100 stores nationwide, including 31 in California, as part of its restructuring plan after filing for bankruptcy.
• Here are 7 of the well-known companies that went bankrupt in 2023
• Microsoft’s Satya Nadella is CNN Business’ CEO of the Year
• U.S. chipmaker Intel Corp’s logo is seen at the entrance to their “smart building” in Petah Tikva, near Tel Aviv, Israel December 15, 2019. Picture taken December 15, 2019.
• Intel will build $25 billion chip factory in Israel’s ‘largest investment ever’
• A woman carrying a shopping bag passes Macy’s department store in Herald Square, Monday, Dec. 11, 2023, in New York.
• Free returns are going away
• IRVINE, CA – November 15: A for sale sign sits outside a home in the 100 block of Mosaic in Irvine, CA on Wednesday, November 15, 2023.
• US home prices hit another record high in October, rising for the ninth straight month
• The Apple Watch Series 9 on display in store on September 22, 2023 in Milan, Italy.
• Today is the last day for Joe Biden to keep the Apple Watch on shelves
• EV, hybrid and gas-powered: Some interesting cars coming in 2024
• BUENOS AIRES, ARGENTINA – NOVEMBER 09: EDITORIAL USE ONLY. NO BOOK COVERS. Taylor Swift performs onstage during ” Taylor Swift | The Eras Tour” at Estadio Más Monumental Antonio Vespucio Liberti on November 09, 2023 in Buenos Aires, Distrito Federal.
• Taylor Swift had the best year for any business leader in recent memory
• Harvard Yard on a winter evening during finals week, December 13, 2023 in Cambridge, Massachusetts.
• Harvard faculty appeal to the university’s board to address its growing number of crises
• India joins the ranks of stock market superpowers
• Powerball jackpot climbs to $685 million after no top-prize winners in Christmas drawing
• Manchester United sells 25% ownership to Jim Ratcliffe
• Elon Musk’s X, accused of withholding bonuses promised to staff, will have to face a court battle
• Maersk says it will resume shipping in the Red Sea
• Around 100 Airbus employees fall ill after company Christmas party
• GM pauses sales of Chevy Blazer EV over software issues
• Crypto’s 2023 was marred by fraud and scandal. It may have been its best year ever
• Powerball jackpot reaches $638 million in time for Christmas drawing
• Super Saturday: 142 million one-day Christmas shoppers expected in 2023
• TikTok is pushing longer videos. Some creators worry about the vibe shift
• Tesla recalls over 120,000 cars over door risks
• Inventing the scent of Christmas: How Bath & Body Works comes up with its annual slew of holiday products

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below the graphic below or click the image and follow the prompts.

 

Headlines from right-of-center Newsmax 12.26.2023

• Rasmussen Poll: DeSantis Falling off the Cliff
• Florida Gov. Ron DeSantis’ campaign continues to slide in the latest Rasmussen poll, plunging into tie for third with former New Jersey Gov. Chris Christie. Former President Donald Trump leads at 51%, followed by former South Carolina Gov. Nikki Haley (13%). [Full Story]
• Israel at War
• Netanyanhu’s ‘3 Prerequisites for Peace’: End Hamas, ‘Demilitarize’ Gaza, ‘Deradicalize’ Palestinians
• Fred Fleitz: Israel More Forceful on Iran Than US | video
• IDF: Dedicated to Mission as Long as It Takes
• Israeli Military: Gaza Ground Offensive Has Expanded
• Houthis Claim Responsibility for Red Sea Ship Attack
• IDF Soldier Dies From Fungal Superbug Infection
• Mike Huckabee: ‘River to the Sea’ Parrots Are ‘Idiots’
• Hapag-Lloyd to Decide Wednesday on Red Sea Routes
• US Sent 10,000 Tons of Military Equipment to Israel
• Hamas Video Shows Strikes on Israeli Soldiers Inside Gaza
• IAF Hits Over 100 Hamas Targets in Gaza Strip
• Newsmax TV

• Mike Huckabee: ‘River to the Sea’ Parrots Are ‘Biggest Idiots’
• Fred Fleitz: Israel More Forceful on Iran Than US | video
• Napolitano: Quick Decision Likely in Trump Immunity Case | video
• Don Jr.: No Way I’ll Let Nikki Be Trump’s VP | video
• Comer: Carol Fox Testimony Proves Biden Knew | video
• Father Murray: Lonely Christmas? ‘Go to Jesus’ | video
• Lieberman: US Must Hit Targets Inside Iran | video
• Gordon Chang: China Working on Bioweapons | video
• Fred Fleitz to Newsmax: DEI Damaging CIA | video

• Newsfront
• Nancy Pelosi Defies Scrutiny, Bets $2M on Nvidia
• Former House Speaker Nancy Pelosi and her husband, a venture capitalist, are back to investing big money on artificial intelligence giant Nvidia, the New York Post reports… [Full Story]
• Stefanik: Bidenomics Creates ‘Financial Burden’
• Elise Stefanik, R-N.Y., took aim at President Joe Biden’s [Full Story]
• Disney Sues DeSantis Govt for Withholding Records
• Disney has filed a lawsuit claiming that the oversight government for [Full Story]
• Dow Gains 159 Points, S&P Near All-Time High
• U.S. stocks extended their rally Tuesday, kicking off the final week [Full Story]
• Houthis Claim Responsibility for Red Sea Ship Attack
• Yemen’s Iran-backed Houthi militia claimed responsibility for a [Full Story]
• Appeals Court Clears Fortenberry Conviction
• The U.S. Court of Appeals for the Ninth Circuit Tuesday cleared the [Full Story]
• Ukraine Strike Damages Russian Naval Landing Warship
• Ukraine struck a large Russian landing warship in Crimea with cruise [Full Story]
• Related
• Putin Briefed on Crimea Port Attack
• Russian Defense Ministry: Naval Ship in Crimea Damaged
• Turkish Panel Approves Support for Sweden in NATO
• The Turkish parliament’s foreign affairs committee gave its consent [Full Story]
• The 6 Biggest Political Moves of 2023
• It seemed as if many of the biggest political moments of 2023 [Full Story] | Platinum Article
• Baghdad Condemns US Military Strike in Iraq
• Iraq’s government condemned Tuesday overnight U.S. air strikes on [Full Story]
• Related
• Fred Fleitz to Newsmax: Israel More Forceful on Iran Than US |video
• Biden Orders Strike on Iranian-Aligned Group in Iraq
• Is Political Islam Threatening European Democracy?
• The European Union continues to grapple with the growing influence of [Full Story] | Platinum Article
• Caravan of 8K Migrants Headed to Southern Border
• An estimated 8,000 migrants are headed toward the U.S.-Mexico border [Full Story]
• Three National Banks Are Paying All Time High Interest Rates – View the List
• Savings Pro
• Few Sign Up for Ga. Medicaid With Work Requirement
• A Republican-led program that forced low-income people in Georgia to [Full Story]
• Rasmussen Poll: DeSantis Falling off the Cliff
• Florida Gov. Ron DeSantis’ campaign for the 2024 Republican [Full Story]
• Pro-Palestinian Protesters Clash With NYPD; Arrests Made
• A crowd of about 500 pro-Palestinian protesters marched through [Full Story]
• Two Major Banks Paying Record High Interest – See the List
• Savings Pro
• Samsung Launches Newsmax+ App!
• We have exciting news to share with all our Samsung TV users. [Full Story]
• Israeli Military: Gaza Ground Offensive Has Expanded
• Israeli forces on Tuesday expanded their ground offensive into urban [Full Story]
• Schools Spend $2.5M to Keep Kids off Phones
• School districts in 41 states have spent $2.5 million over the past [Full Story]
• Democratic Party Loses 55K Voters in Pennsylvania
• A net loss of roughly 20,000 Democrats in Pennsylvania signals bad [Full Story]
• Bill Proposed to Let Judges Reduce Sentences
• A bill that would bestow clemency powers to judges so they could [Full Story]
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Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

Notice: MHProNews invites the firms named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, neither publicly MHI nor by email have MHI and their ‘insider brands’ done so. They’ve been repeatedly invited to do so, including an outreach on Dec 7, 2o23.

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.”KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

====================================

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other manufactured housing professional services, click here.
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• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com, which is ranked as the runaway most read trade media in modern manufactured housing history. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.