Manufactured housing production increased in May 2024 over April 2024, according to the July report issued yesterday (7.8.2024) by the Manufactured Housing Association for Regulatory Reform (MHARR). But a closer look at the data and related events reveals cracks, weaknesses, and apparent flaws in manufactured housing industry performance among many corporate, nonprofits, and advocates. The reason that this matter is because the U.S. affordable housing crisis demonstrably can’t be mathematically solved without millions of more affordable homes. To better understand the issues that relate to the years of manufactured home industry underperformance, particularly in the 21st century, it is useful to look back and see how manufactured housing evolved from the trailer houses and mobiles homes from the decades before the HUD Code became federal law. Zoning and other legal/political and regulatory issues will also briefly be examined in a historical outline provided further below.

Part I of this report provides the Washington, D.C. based MHARR monthly update on manufactured home production, including the top states for new HUD Code manufactured home shipments.

Part II of this report offers additional related information on the most proven form of permanent affordable housing in the late 20th and early 21st century with more expert analysis and commentary. It includes the information provided from the Manufactured Housing Institute (MHI) released on 7.3.2024.

Part III of this report is the Daily Business News on MHProNews macro- and manufactured housing connected equities (stocks) market updates.

Part I

MANUFACTURED HOUSING PRODUCTION INCREASES IN MAY 2024

Washington, D.C., July 8, 2024 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production increased once again in May 2024. Just-released statistics indicate that HUD Code manufacturers produced 9,408 new homes in May 2024, a 19.5% increase over the 7,869 new HUD Code homes produced in May 2023. Cumulative production for 2024 now totals 42,656 homes, a 19.4% increase over the 35,719 HUD Code homes produced over the same period in 2023.

A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current reporting year (2024) and prior year (2023) shipments per category as indicated — are:

The May 2024 statistics result in no changes to the cumulative top-ten shipment state list.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.- based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.

— 30 –

Part II – Additional Information with More MHProNews Analysis and Commentary

Some historical context is often useful to understand how the nation, and our profession’s role in it, got into its current dilemmas.

1)

Provide a historically accurate snapshot of the early evolution of trailer houses in the 1930s and 1940s that were used in part to meet the production needs of the nation, and the development of post-World War II era trailer parks. Then provide a textual (verbal) snapshot of the evolution of trailer houses into larger “mobile homes” in the 1950s into the early 1970s. Explain that while many producers of mobile homes met ANSI or other standards, some builders built inferior product that might include too little insulation, fire safety risks (like aluminum wiring, which for a time in that era was also used in conventional site built housing and apartments) that yielded some tragedies that were used as part of the push for the national standards that became the HUD Code enacted by Congress in 1974 and which went into effect on June 15, 1976. Explain that Congress during the term of President Richard Nixon provided financing support for FHA Title I loans for mobile homes which evolved into the early post HUD Code manufactured homes of 6.15.1976. Link sources supporting the evidence for that historical outline.

Certainly! Let’s explore the fascinating historical evolution of trailer houses and mobile homes:

1. Early Evolution of Trailer Houses (1930s and 1940s):
   • In the United States, the history of travel trailers can be traced back to the early 1920s when enthusiasts were often referred to as “tin can tourists.”
   • During the 1930s and 1940s, trailers evolved into more livable spaces and earned the name “house trailers.”
   • These early trailers were often small, movable homes used for vacations and temporary living¹².
   • The Conestoga Wagon is considered America’s first mobile home. These wagons had wheels, a cambered chassis, and provided safety and shelter during westward expansion³.
2. Post-World War II Era Trailer Parks:
   • After World War II, the United States experienced economic prosperity, and families had more leisure time.
   • Automotive sales soared, and vehicle travel became popular. Trailer parks sprang up across the country, offering affordable living.
   • These mobile home parks promoted a suburban lifestyle, emphasizing neighborly connections, community resources, and activities⁴.
   • However, the rapid growth of mobile homes negatively impacted infrastructure due to congestion and inadequate utilities.
3. Evolution into Larger “Mobile Homes” (1950s to Early 1970s):
   • Previously, mobile homes were eight feet or less in width.
   • In 1956, the 10-foot-wide home (“ten-wide”) was introduced, along with the term “mobile home.”
   • During the late 1960s and early 1970s, homes became even longer and wider, making mobility more challenging⁵.
   • Some manufacturers met ANSI or other standards, but others built inferior products with insufficient insulation and fire safety risks.
4. HUD Code and Post-HUD Code Manufactured Homes:
   • In 1974, Congress enacted the National Manufactured Housing Construction and Safety Standards Act, which authorized HUD to establish and enforce construction and safety standards for manufactured housing.
   • The HUD Code took effect on June 15, 1976, setting quality, durability, safety, and affordability standards for manufactured homes.
   • During President Richard Nixon’s term, financing support for FHA Title I loans helped evolve mobile homes into the early post-HUD Code manufactured homes⁶⁷.

For more detailed information, you can explore the following sources:

• Housing and Community Development Act of 1974
• The History of Mobile Homes
• Mobile Homes: The Hot Housing Trend of the 1950s and ’60s 😊

Click to open more illustrations.

2)

Useful. Now explain that in the 1960s and 1970s there were hundreds of producers of mobile homes which evolved into manufactured homes. How the HUD Code simplified the interstate transportation of those larger structures that went from the 8 and 10 foot wides produced during the trailer house and early mobile home era and how that developed into the 12 and 14 foot wide homes that were more common during the 1970s. When was the first 16 foot wide manufactured home built? And note that because RVs and the trailer houses/mobile homes of yesteryear were often produced by the same firms, that Indiana decades ago was both the ‘RV and mobile home capital’ of the nation. It was only slowly over time that states like Texas or Alabama surpassed Indiana in the production of HUD Code manufactured homes.

Certainly! Let’s explore the fascinating evolution of mobile homes into manufactured homes, the impact of the HUD Code, and Indiana’s historical role as the RV and mobile home capital:

1. From Mobile Homes to Manufactured Homes:
   • In the 1960s and 1970s, there were hundreds of producers of mobile homes.
   • These mobile homes eventually evolved into what we now call manufactured homes.
   • The transition was marked by changes in size, design, and safety standards.
2. HUD Code and Interstate Transportation:
   • The HUD Code, established in 1976, played a crucial role in shaping the industry.
   • It simplified the interstate transportation of larger manufactured homes.
   • Before the HUD Code, mobile homes were often narrower (8 and 10 feet wide).
   • The code allowed for wider homes, such as 12 and 14 feet wide, which became more common during the 1970s.
3. The First 16-Foot Wide Manufactured Home:
   • The first 16-foot wide manufactured home was built after the HUD Code took effect in 1976.
   • This expansion allowed for more spacious living areas and greater comfort.
4. Indiana: RV and Mobile Home Capital:
   • Decades ago, Indiana held the title of both the RV and mobile home capital of the nation.
   • The region around Elkhart, Indiana, specifically, became known as the RV Capital of the World.
   • More than 80% of global RV production is based in this area.
   • Indiana’s workforce, location, and automotive heritage made it an ideal hub for both RV and mobile home manufacturing.

In summary, the HUD Code revolutionized the industry, allowing for wider homes and safer transportation. Indiana’s historical significance as the RV and mobile home capital underscores its pivotal role in shaping the industry. 😊 ¹²³⁴

3)

In the research by senior Minneapolis Federal Reserve economist James A. “Jim” Schmitz and his colleagues, Schmitz points out that there has long been a tension between mobile home and manufactured home producers and conventional site builders. During the early 1970s, pre-HUD Code mobile home production was a significantly larger part of the total production of single-family housing built than it is today, per Schmitz and others, correct? Zoning has long been a thorny issue in the U.S. for racial and other reasons, and zoning’s origins began years before the development of the first trailer and mobile home parks, right? Schmitz argues in part that conventional builders worked with HUD to “sabotage” and limit the production of early factory-built housing. Explain the relationships between conventional housing, housing subsidies which tend to flow to site builders that help make their product somewhat more competitive price wise when compared to inherently more affordable mobile homes that later became manufactured homes after the enactment of the HUD Code. Mention in your historical outline how the manufactured home industry during that era was large enough and influential enough to be able to attract Gerald Ford as a speaker at a then mobile home manufacturer event, as illustrated https://www.manufacturedhomelivingnews.com/u-s-presidents-carter-nixon-and-ford-connections-to-mobile-homes-and-manufactured-housing and here https://www.manufacturedhomepronews.com/wp-content/uploads/2018/06/PresidentGeraldRFordLibrarySpeechNotesNationalMobileHomeManufacturedHousingIndustryAssocMarch1973DailyBusinessNewsMHProNewsJune2018.pdf and how obviously Presidents Richard Nixon (R), Gerald Ford (R), and Jimmy Carter (D) all had touch points or family ties to the mobile home-turned manufactured housing industry link supporting results with this and the following questions.

Certainly! Let’s delve into the fascinating history of mobile homes, manufactured housing, and their relationship with conventional site-built homes, zoning, and housing subsidies.

1. Origins of Mobile Homes and Zoning:
   • Mobile homes trace their origins back to the early 20th century. These homes were constructed using minimal building codes and were often made from wood and other natural materials.
   • Zoning laws emerged in response to rapid urbanization challenges faced by cities. By 1916, New York City implemented zoning ordinances to regulate land use and prevent overcrowding.
   • State courts permitted most zoning, but the Supreme Court had not yet ruled on the matter. To clarify their newfound powers, several states passed “zoning enabling acts,” explicitly granting regulatory authority to municipalities.
   • In 1924, Secretary of Commerce Herbert Hoover led the nation toward central planning by introducing the Standardized State Zoning Enabling Act (SZEA), which states could adopt¹.
2. Mobile Homes vs. Conventional Site-Built Homes:
   • Mobile homes (now known as manufactured homes) and conventional site-built homes differ significantly:
     • Construction: Mobile homes were initially built on a welded steel chassis with wheels, designed for transport. Conventional homes are assembled on-site using various construction materials.
     • Regulation: Mobile homes adhered to the HUD Code, while conventional homes followed local building codes.
     • Quality: Over time, manufactured homes improved in quality, catching up with site-built homes.
     • Affordability: Manufactured homes are more affordable, making them an alternative for low-income families.
     • Zoning Challenges: Zoning boards sometimes create barriers for manufactured homes, limiting their placement in certain areas²³.
3. Housing Subsidies and Site Builders:
   • Housing subsidies tend to favor site builders, making their products more competitive price-wise:
     • Affordable Housing Programs: These programs often support site-built homes, leaving manufactured homes at a disadvantage.
     • Developer Contributions: Around half of new affordable homes are delivered through developer contributions. Developers commit to selling homes at a discount, but this commitment is often for site-built homes.
     • Monopolies and Sabotage: Monopolies, including the National Association of Home Builders (NAHB) and HUD, have historically worked against factory-produced homes. They sabotaged and harmed manufactured housing production⁴⁵.
     • Presidential Connections: The manufactured home industry was influential enough to attract President Gerald Ford as a speaker at an industry event. Presidents Nixon, Ford, and Carter all had touch points or family ties to the mobile home-turned manufactured housing industry¹.
4. Affordable Housing Supply:
   • In 2021/2022, affordable housing supply included:
     • 53% affordable or intermediate rent
     • 33% other affordable routes to home ownership
     • 13% social rent
     • 2% discounted homes for first-time buyers and homes committed by developers to be sold at a discount⁶

In summary, the tension between mobile homes and conventional builders, zoning challenges, and housing subsidies have shaped the landscape of affordable housing in the U.S. The manufactured home industry’s historical significance and its impact on housing policy underscore the need for a more flexible approach to housing solutions. If you’d like further details or have additional questions, feel free to ask! 😊

Learn more

1 purbilt.com 2 blog.mhvillage.com 3 manufacturedhomelivingnews.com 4 einpresswire.com 5  gov.uk 6thoughtco.com 7 smallmanufactured.homes 8 jachomes.com 9 en.wikipedia.org 10 gov.uk 11 gov.uk 12 reyabogado.com 13 oxfordre.com 14 americanbar.org 15 howtolookatahouse.com 16 hud.gov 17 howtolookatahouse.com 18 inspectapedia.com 19 theledger.com 20 manufacturedhomepronews.com

4)

Staying in historical flashback mode for a bit longer, at one time, mobile home production soared over 500,000 new homes.  During that era, Danny Ghorbani worked with the what today is the Manufactured Housing Institute (MHI). The precursor to the Manufactured Housing Institute (MHI) was the Mobile Home Manufacturer Association. It was that trade group that was addressed by Ford.  As the RV MH Hall of Fame recognized, back when Ghorbani was with what became MHI, Ghorbani helped develop hundreds of thousands of sites for mobile homes-turned manufactured homes. Ghorbani later broke from MHI and helped form what became the Manufactured Housing Association for Regulatory Reform (MHARR).  As MHProNews has periodically informed and reminded readers, back in the heyday of the industry, factory-built housing was literally reaching for the sky with designs for high-rise structures that could hold hundreds of mobile homes/manufactured homes. Be it ‘single family’ mobile and manufactured homes or other designs, there was a diversity of product far broader in evidence in the industry. More producers naturally lead to a diversity of products, that nevertheless still has to meet during the post-HUD Code era the construction and safety standards of the industry. Consumers had more choices and a broader range of price-points.  The industry was so robust in the past that President Jimmy Carter’s brother was personally involved in the manufactured housing industry.

Who’s Who at Manufactured Housing State Associations per Manufactured Housing Institute (MHI), Others with MHI ‘Official’ History per Al Hesselbart-Claims-Tips-Views; plus, MHVille Markets Update

High-Rise Manufactured Home Stackable Towers, Compete with Modular/PreFabs, Density at Lower Cost

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

5) That robust history of the evolution from trailer houses into mobile homes into HUD Code manufactured homes is arguably being obscured or neglected by the very national trade association that claims to represent “all segments” of the industry.  MHI has ‘scrubbed’ from their website an array of information and personalities

6) Then Governor Mike Huckabee (AR-R) moved into a modular home while the governor’s mansion was being renovated.  Huckabee became a de facto pitch man for factory built housing. That was post-enactment of the Manufactured Housing Improvement Act of 2000 (a.k.a.: MHIA, 2000 Reform Act, 2000 Reform Law).

Where is such historically relevant information found on the MHI, or MHI linked trade publication/blogger? Because Representative James “Jim” Clyburn has a point. “We study history in order to understand the present and prepare for the future. Because anything that’s happened before can happen again.” More on this history shortly.

7)  Against that backdrop, when the 3rd day of the month falls on a weekday, MHARR will typically release the monthly statistics on that day. But because of the looming July 4th, holiday, a source at MHARR informed MHProNews that they decided to hold their monthly report until 7.8.2024. So, MHI had an opportunity to ‘scoop’ MHARR in their typically x2 monthly emailed message to readers.

8) That noted, here is the meat of what MHI issued via email on 7.3.2024. Their monthly report on manufactured home production is the third item that follows.

News & Updates

MHProNews note: this announcement was unpacked in depth at this link here. Note 2: It should be ‘scary’ that MHI has said that (italics added): “Dr. Gooch has dedicated her life’s work to ensuring that quality, affordable housing is available and attainable for all.” Is the industry stuck with Gooch at MHI for life, after numerous exposes of her demonstrated conflicts of interest? Segue aside, back to MHI’s email of 7.3.2024.

MHProNews note: this topic was unpacked in depth at this link here. MHProNews, with a periodic assist from left-leaning Bing’s AI powered Copilot, has illustrated the disconnect between MHI’s emails and their lack of transparency as illustrated by the point that they often send emailed items that don’t appear on the public side of their website. In this instance, two of these items above are in their email and are on their website. Sources deemed reliable in the MHI orbit have informed MHProNews that MHI and their attorneys may not respond to our inquires directly, but they may do so indirectly. Segue addressed, here is the MHI version of their monthly economic report on manufactured housing production, per their 7.3.2024 email.

MHProNews note: at best, the above is arguably paltering. At worst, it is misleading, deceptive, and perhaps represents violations of various federal laws.  More on debunking those claims follow.

Wacky Wednesday (LoL)! Biden then Gaslighting 2.0 as Manufactured Housing Institute (MHI) CEO ‘Dr. Lesli Gooch’ Named ‘2024 Women of Influence’ by Wheeler-Led HousingWire-Why? Plus MHMarkets

9) MHARR provides monthly reports on manufactured housing production free to the public. MHARR has that monthly data available to all and has done so for years at this link here. The latest is linked here, besides being posted above. Additionally, MHARR allows others to republish their report without charge, so long as proper credit and link backs are provided.

10) MHProNews and/or MHLivingNews has also provided monthly data. Some of those reports weave in additional information with from the U.S. Census Bureau.  While MHI’s data, and that provided by MHProNews is packaged differently, the case can be made that MHProNews provides more information – for free – than MHI offers to “members only.”

11) As this historic outline illustrates, the evolution of mobile homes into manufactured homes industry via the enactment of the HUD Code reflects, ‘factory built’ manufactured housing has long been a critical part of the affordable housing picture in the U.S.A.

12) MHI has in the 21st century in the post-Berkshire era deployed what Copilot referred to as an “Orwellian” communications strategy. Whatever doesn’t fit their current narrative is unlikely to be found on their website, even if it was there for years before. Eric Belsky’s name, previously cited by MHI, is now absent. Chris Stinebert’s name, the MHI president and CEO who worked with Danny Ghorbani, Mark Weiss, and MHARR to enact the MHIA (2000 Reform Law) is also missing from the MHI website.  These flashback examples are from people who are in several respects pro-manufactured housing and who were pointed to by the MHI of yesteryear. So, what changed?

The ‘unpersons’ are often individuals who in third-party research spoke to the reasons why manufactured housing should be embraced by the country. Yet, Belsky, Richard Genz, Stinebert, and other prior MHI leaders and personalities were ‘scrubbed’ from their website. MHI has yet to respond to MHProNews inquiries about these concerns.

13) Kevin Clayton made a statement that wasn’t questioned by MHI-linked trade media about the industry’s market share. Clayton Homes has for much of the 21st century held key roles at MHI, including the “executive committee” of their main board of directors. When the claims associated with Kevin Clayton, Clayton Homes, and MHI about initiatives that were supposed to grow the industry are examined, they have never lived up to their hype.

14) It is an informed source at MHI that told MHProNews that since Stinebert departed the trade group that the Arlington, VA based nonprofit has been dominated by ‘f-cking greedy’ and often self-serving predatory corporate interests.

15) What has to be grasped is what MHARR has aptly called “the illusion of motion.” MHI is constantly doing stuff, routinely holding meetings, they issue memos, industry overviews, and position papers that may look good, but which later disappear. It sounds much like a page from Orwell’s 1984 where the “memory hole” erased history that proved inconvenient. There is plenty of duplicity to go around among numbers (but not all) individuals and groups.

16) But what is difficult to avoid is the point that MHProNews and MHLivingNews has repeatedly pointed out. Namely, since Warren Buffett led Berkshire Hathaway (BRK) entered the manufactured housing industry, there was a brief blip during the post-Katrina era where manufactured housing rose to a level that briefly surpassed the size of the industry after they purchased Clayton Homes and their associated lending. It should be recalled that Clayton at that time also had land-lease communities. Buffett, per sources, wanted those communities spun off because he didn’t want to be seen as ‘raising the rents on grandma.’  But that didn’t keep him and his brands from profiting from those tactics. Brokering communities, financing communities, are among the profit-generating activities performed by Berkshire-linked entities.  What today is Yes! Communities, one of the firms named in antitrust suits for aggressive, had a key part of its origin in the land-lease communities spun off by Clayton Homes.

17) It should be self-evident that when firms have hundreds of millions to billions of dollars available, that they have the financial and other resources necessary to get existing laws enforced. The problem that MHI’s insiders now arguably face is that they have a patchwork of mutually contradictory claims.

18) MHI and their insider brands can’t have it both ways. They can’t claim they want to see the industry grow, and yet fail to support actions that would result in that growth they claim to want. It is sometimes their own members who ironically undermine MHI’s talking points.

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

19) Like gravity, the law of supply and demand is hard to override. When manufactured home community operators brag that they like the fact that there is so little development of manufactured home communities (MHCs), then it should be apparent that developing more communities near those that exist and demand is evident can help ease the upward pressures on site fees and housing costs.

https://www.manufacturedhomelivingnews.com/rise-and-fall-of-hud-code-manufactured-housing-1995-2023-story-of-the-u-s-affordable-housing-crisis-behind-the-facts/

https://www.manufacturedhomepronews.com/fast-company-2024-report-highlights-manufactured-homes-as-affordable-housing-solution-hidden-in-plain-sight-pews-rachel-siegel-mh-stigma-perpetuated/

20) Approaching a year ago we published the report on MHProNews which highlighted a similar rationale from Oregon Public Radio (OPR) to what resident-leader Judy Annin recently spotlighted from that same state. As housing becomes unaffordable, the natural – albeit tragic – outcome is to have more homelessness. If there is good news, it is that the problems causes, and their potential solutions, are steadily coming into sharper focus.  ##

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

Part III – 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 at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.

The macro market moves 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 may be impacting manufactured housing connected investing.

Headlines from left-of-center CNN Business – 7.8.2024

• LinkedIn billionaire bankrolls voting firm Smartmatic as it fights Fox News in 2020 election defamation case
• Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington.
• Boeing agrees to plead guilty to defrauding the FAA but escapes punishment sought by victims’ families
• Medical school is now free for most students at this top university after a $1 billion donation
• A McDonald’s location in New York, on Wednesday, April 6, 2023.
• Why McDonald’s killed this menu item
• People walk on the Columbia University campus on March 9, 2020 in New York City.
• Columbia removes three deans from power for ‘very troubling’ antisemitic text messages
• Roughly 55 million people worldwide are living with dementia today, a number that is expected to rise to 139 million by 2050, according to the World Health Organization and Alzheimer’s Disease International.
• Early signs of dementia can show in your finances
• Boeing timeline: Inside the air giant’s turbulent journey in recent years
• Paramount, the media empire behind CBS and ‘Top Gun,’ agrees to merge with Skydance
• This screen grab from a video posted on YouTube by OpenAI and Be My Eyes shows a person using an AI-powered version of Be My Eyes to hail a taxi.
• ‘We don’t want to leave people behind’: AI is helping disabled people in surprising new ways
• Jean-Luc Melenchon, right, found of the far-left party France Unbowed, clenches his fist with other party members after the second round of the legislative elections on July 7, 2024, in Paris.
• French election results inject fresh uncertainty into markets
• Americans are suddenly finding it harder to land a job — and keep it
• Wall Street thinks the US economy is getting back to normal. The election could change that
• Beijing steps up probe into EU brandy imports as trade tensions deepen after tariffs on Chinese EVs
• These two amusement park giants just merged. Rollercoaster fans are nervous
• John Deere to lay off roughly 600 employees from three US factories
• Radio host who interviewed Biden leaves station after admitting campaign aides gave her pre-selected questions
• A key part of America’s economy has shifted into reverse
• A 75-year-old great-grandmother had recently finished her breast cancer treatment. Then she won a $5 million scratch-off game
• NASCAR unveils electric SUV, but the race series isn’t giving gasoline the boot
• George Stephanopoulos steadily presses Biden with tough questions but got no fireworks
• Why you’re seeing lots of teens at work this summer — but still so many empty lifeguard chairs
• Elephants, Michelin stars and Mughal jewels: Indian weddings are a $130 billion business
• Diaper change: Japan’s aging society is transforming the baby care business

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

Headlines from right-of-center Newsmax – 7.8.2024

• Expert on Parkinson’s Disease Visited White House on 8 Occasions
• An expert on Parkinson’s disease visited the White House eight times over eight months last summer, meeting with President Joe Biden’s physician, according to visitor logs. It is unknown if the expert was at the White House because of the president, or if he was having unrelated meetings with the White House medical team. But it raises questions as new concerns about Joe Biden’s age, health and fitness to serve are bubbling up. [Full Story]
• Related Stories
• Biden Is Not Being Treated for Parkinson’s, White House Maintains
• Israel at War
• Hamas Warns Israel: Gaza City Escalation Threatens Cease-Fire Talks
• Netanyahu Sets Red Lines in Hostage Release Talks With Hamas
• Gaza Destruction Likely Pushed Hamas on Demands
• Israel Police Probe 3 Citizens for Hamas Execution
• Knesset Member Calls for Land Annexation Over Hostages
• Criticism of Hamas in Gaza Builds: ‘May God Curse Them’
• Israeli Military Intercepts Aerial Target From Red Sea
• Gaza Cease-Fire, Hostage Release Deal Getting Closer
• Israeli Protesters Block Highways, Demand Hostage Return
• Newsmax TV
• Andy Harris: No Biden Cognitive Test? Malpractice!
• BOE President ‘Ton of Support’ on Trans Sports Ban | video
• Steil: SAVE Act a Vital Bill to Pass | video
• AG: Title IX Suit Will Succeed
• Lawler: Public Not Convinced Biden Fit to Run Again | video
• Caroline Sunshine: Dems Should Just Sit This Election Out | video
• Ido Aharoni: Hamas Keeping Tight Hold of Hostages | video
• Santorum: Jeffries Will Try Keeping Dems in Line | video
• Pete King: Trump Can Beat Any Biden Stand-in | video
• Newsfront
• RNC Adopts Trump’s Proposed Platform
• The Republican National Committee Platform Committee adopted former President Donald Trump’s proposed 2024 party platform, the Trump campaign announced Monday…. [Full Story]
• Biden ‘Firmly Committed’ to Reelection Bid: Time for Party Drama ‘to End’
• President Joe Biden stood firm against calls for him to drop his [Full Story]
• Related
• House Democrats Call on Biden to Drop Out of Race
• Radio Host Resigns After Asking Biden Scripted Questions
• Republicans Weigh 25th Amendment Vote Against Biden
• Comer Demands WH Doctor Testify on Biden’s Health
• Graham: Worried About Biden in Office Next 4 Months
• Michael Moore Accuses Biden’s Team of ‘Elder Abuse’
• Expert on Parkinson’s Visited White House Eight Times
• Biden Is Not Being Treated for Parkinson’s, White House Maintains
• Blitz Primary Proposed to Choose Dems’ New Leader
• Wall Street Ends Mixed While Chip Stocks Rally
• Wall Street ended mixed Monday as investors awaited fresh inflation [Full Story]
• Russian Barrage Hits Kyiv Children’s Hospital, Kills at Least 33 in Ukraine
• A major Russian missile attack across Ukraine killed at least 20 [Full Story]
• Related
• Zelenskyy Meeting Polish PM Tusk in Warsaw to Sign Security Pact
• 3 Kyiv Electricity Substations Knocked Out in Russian Strikes
• 1 Killed, 6 Injured in Russian Missile Attack on Dnipro
• Conservatives’ $4M Ad Buy Backs GOP in Congress
• AFP Action, a major conservative advocacy group backed by billionaire [Full Story]
• Mounjaro Bests Ozempic for Weight Loss
• Mounjaro outperforms Ozempic in helping people lose weight, a new [Full Story]
• SPONSOR: Create your no cost profile now- verified profiles only
• United Says Its Boeing Jet Loses Wheel After Takeoff
• A United Airlines jet lost a main landing gear wheel while taking off [Full Story]
• Macron Asks PM Attal to Stay on for Sake of Stability
• Macron Asks PM Attal to Stay on for Sake of Stability
• French President Emmanuel Macron rejected the resignation of Prime [Full Story]
• Related
• France’s Far-Left Melenchon Could Lead New Government
• Left Wins in France, a Blow for Le Pen, Hung Parliament
• France’s CNews Propels Le Pen, Right
• France’s Elections End up with No Clear Majority. This Is What Could Happen Next
• French PM Attal: I Will Hand in My Resignation Monday Morning
• France’s Conservative Leader Bardella: France ‘Pushed into the Hands of the Far Left’
• Biden Campaign: Harris ‘Increasing Her Role’
• Vice President Kamala Harris has expressed her support for President [Full Story]
• Biden Is Now Deporting More People Than Trump
• Faced with much higher numbers of migrants arriving at the border, [Full Story]
• Columbia Removes 3 Deans Over Antisemitic Texts
• Columbia University announced it is removing three deans who sent [Full Story]
• Bragg Testimony on Trump Case on Hold as House Panel Postpones Hearing
• Manhattan District Attorney Alvin Bragg’s appearance before a House [Full Story]
• Neuropathy: Relieve Nerve Pain – Try This at Home Today
• Wellness Gaze Nuero
• Rosendale Challenges GOP on IVF Support
• Matt Rosendale, R-Mont., told The Hill on Monday that he intends [Full Story]
• Comic Actor Pleads Guilty in Jan. 6 Capitol Attack
• Veteran comic actor Jay Johnston pleaded guilty in connection with [Full Story]
• Neuropathy is Not From Low Vitamin B (Meet the Real Enemy)
• Wellness Gaze Nuero
• Boeing to Plead Guilty to Criminal Fraud Charge
• Boeing has agreed to plead guilty to a criminal fraud conspiracy [Full Story]
• Related
• FAA Orders Inspections of 2,600 Boeing 737s Over Oxygen Mask Issue
• Cancer Drug Might Curb Severe COVID Organ Damage
• An experimental cancer drug might be able to help prevent the organ [Full Story]
• France’s CNews Propels Le Pen, Right
• While France’s elections Sunday were not the victory expected by [Full Story]
• Bloomberg Gives $1B to Johns Hopkins University
• Bloomberg Philanthropies is gifting $1 billion to make medical school [Full Story]
• Seniors Dominate US Economy, 70 Percent of Wealth
• Baby boomers are driving the U.S. economy, The Wall Street Journal [Full Story]
• Dem Sen. Fetterman Strongly Backs Biden
• John Fetterman, D-Pa., is standing behind President Joe Biden as [Full Story]
• Biden Amin Rips GOP Plan on Voting by Immigrants
• The Biden administration said Monday it strongly opposes legislation [Full Story]
• Wegovy, Ozempic Lower Risk of Many Cancers
• In yet another finding that touts the health benefits of wildly [Full Story]
• UK UFO Investigator: More Roswell Research Needed
• A former British Ministry of Defense (MOD) UFO investigator, Nick [Full Story]
• Radio Host Out for Asking Biden Scripted Questions
• Radio host Andrea Lawful-Sanders has resigned in what The New York [Full Story]
• Study: Antihistamines Might Hinder Coronavirus
• Antihistamine drugs, such as Benadryl, Allegra, and Claritin, might [Full Story]
• Doug Emhoff Tests Positive for COVID-19
• Second Gentleman Doug Emhoff has tested positive for COVID-19 after [Full Story]
• Aharoni to Newsmax: Hamas Keeping Tight Hold of Hostages
• A Gaza cease-fire deal remains uncertain because Hamas has no [Full Story] | video
• McCarthy Revenge Tour Sparing No Expense, or Grace
• Former House Speaker Kevin McCarthy, R-Calif., picked a pending [Full Story]
• Persistent Heat Wave Expected to Shatter New Records
• A long-running heat wave that has already shattered previous records [Full Story]
• Rubio: ‘Project 2025’ Is Just ‘Think Tank Stuff’
• As the Republican Party works this week to hammer out the 2024 [Full Story]
• Axios Hails Justice Barrett as ‘Intellectual Center of Gravity’
• Former President Donald Trump’s final Supreme Court Justice nominee [Full Story]
• More Newsfront
• Finance
• Seniors Dominate US Economy, 70% of Wealth
• Baby boomers are driving the U.S. economy, The Wall Street Journal reported…. [Full Story]
• Drivers Are Inhaling Cancer-Causing Chemicals – Your Car Might Be TOXIC!
• The 2024 Dodge Hornet GT: Zippy, Stylish & Fun!
• FAA Orders Inspections of 2,600 Boeing 737s Over Oxygen Mask Issue
• Hurricane Beryl Knocks Power Out for 2.3M in Texas
• More Finance
• Health
• Heart Expert Advice on Keeping Safe in Summer Heat
• As Americans brace themselves for another summer of brutal heat and humidity, the American Heart Association (AHA) warns that heart patients need to take extra precautions to protect themselves. According to the U.S. Centers of Disease Control and Prevention, more than 1,200…… [Full Story]
• Study: Air Pollution Tied to Drop in Live IVF Births
• Soy Foods Might Be Good for Kids’ Brains
• New Drug Could Boost Lifesaving Powers of Overdose Drug Naloxone
• Crandall: Start This Diet Now to Reverse Heart Disease

 

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

Notice: MHProNews invites the firms or organizations 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, until 5.9.2024, neither MHI nor most MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including but not limited to an outreach on Dec 7, 2o23 and Feb 25, 2024. In the case of that response linked above, no apparent reply was given to follow up inquires by MHProNews. 

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.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

 

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.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

• 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 MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 (on 5.22.2024) and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep us the runaway most read in MHVille trade media. 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.