Mainstream news headlines are often focused on the drama swirling around Joe Biden, his cognitive/health woes, or his possible replacement as the 2024 Democratic Presidential candidate, but that topic is sucking up oxygen from kitchen table inflationary and other financial pressures impacting mobile and manufactured homeowners living in corporate land lease communities as well as conventional housing owners struggling with skyrocketing insurance, maintenance, property taxes and other costs (see Part I). While the quotation that follows – some used in the opening of the headline – is doubted if those remarks were wholly or partially attributable to founding father Thomas Jefferson, the following from the authoritative Monticello website sheds light on one of the more important issues for millions of Americans of all ages and backgrounds. “Quotation: “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I believe that banking institutions are more dangerous to our liberties than standing armies…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Variations:
- “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”
Sources consulted: Searching on the phrase “private banks”
- Founders Online
- Thomas Jefferson Retirement Papers
Earliest known appearance in print: 1933[1]
Other attributions: None known.
Status: This quotation is at least partly spurious; see comments below.”
More on the relevance and insights from Jefferson on this second day after the Independence Day holiday.
More on the relevance and insights from Jefferson on this second day after the Independence Day holiday in Part II. But among the insights from Part I: “Roughly 91% of Gen Zers ranked housing affordability a top factor when deciding who to vote for.”
Part I – An Array of Housing Affordability, or the Lack Thereof, Headlines and Information
According to Econofact: “The Facts: Housing affordability has worsened over the past two decades. Median house prices are now 6 times the median income, up from a range of between 4 and 5 two decades ago. (3.14.2024).
“Home affordability is the worst it has been since 1984,” said left-leaning CNN on 8.24.2023. Several matters have eroded since that date.
The Zebra said “Homes have become less affordable: In 1960, approximately 68 out of 100 Americans could afford a home, but now only around 43 out of 100 can…” on 3.13.2024.
Left-leaning CNBC, a favored network for Warren Buffett appearances, said: “…home prices have risen faster than inflation…” on 3.19.2024. “While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found.”
“Homeowners and renters struggling to afford the high cost of housing: survey,” said right-leaning (but some say drifting more left) Fox News on 6.28.2024 about a survey conducted by Nationwide: “Housing affordability a top concern for young voters.”
“Rising housing costs are why 20% of renters and 8% of homeowners reported they had to relocate and move into smaller spaces. Moreover, one in five (21%) respondents said they have withdrawn money or are considering withdrawing money from their retirement savings to cover housing costs. Additionally, 40% of homeowners have delayed critical property repairs because of high costs or because they needed to use the money for other financial priorities.”
“Home and apartment costs continue to rise, and remain the leading cause of inflation. Homebuyers are dealing with mortgage rates that have hovered near 7% for the 30-year, while home prices have increased by more than 40% since before the pandemic homebuying frenzy. The survey said the outlook for housing looks dire, with 66% of respondents expecting market dynamics to worsen over the next 12 months even if the Federal Reserve begins to dial back interest rates,” per that same source.
“While many Americans are feeling financially strained, nowhere is that strain more apparent than for lower earners and renters, who are reacting strongly to the daily budget pressure they feel from high housing costs and sticky inflation,” Nationwide Chief Economist Kathy Bostjancic said.
“Homeowner insurance premiums have increased by 55% in the last four years as losses build and insurers struggle to recoup costs, according to a recent Guaranteed Rate Insurance report.
Rising insurance costs add to the affordability challenges of homeownership, and consumers are looking to cut costs wherever they can, according to Nationwide. More than three-fourths (76%) of respondents said they have either reviewed or are considering reviewing their insurance policies, with 25% looking for ways to save money on their premiums with their existing policies. Almost 1 in 5 (18%) said they plan to decrease coverage on their existing policies.”
“Roughly 91% of Gen Zers ranked housing affordability a top factor when deciding who to vote for. In fact, home affordability was ranked above other issues, including the economy, abortion rights, gun rights, preserving democracy and foreign wars, a recent Redfin survey said.”
Fox said that a second Trump term could bring federal reorganization plans like the one published at this link here. That report cited the history of bipartisan efforts over the years to reign in government duplication, waste, and other issues that could save tens to hundreds of billions of dollars without compromising services, or in some cases, enhancing them. It also cited successful private sector models for reform.
That Trump-era document said in part: “To that end, Executive Order (EO) 13781, entitled “Comprehensive Plan for Reorganizing the Executive Branch,” highlights the need to evaluate the organizational constructs that support today’s mission delivery objectives. Building on a history of bipartisan Government reform initiatives, the EO focuses specifically on the role of organizational alignment in reducing “duplication and redundancy,” and improving “efficiency, effectiveness, and accountability of the executive branch.”
Among the reforms in that plan: “Move USDA’s rural housing loan guarantee and rental assistance programs to the Department of Housing and Urban Development (HUD), allowing both agencies to focus on their core missions and, over time, further align the Federal Government’s role in housing policy.”
“Consolidate the Department of Energy’s (DOE) applied energy programs into a new Office of Energy Innovation…”
“Transform the way the Federal Government delivers support for the U.S. housing finance system to ensure more transparency and accountability to taxpayers, and to minimize the risk of taxpayer-funded bailouts, while maintaining responsible and sustainable support for homeowners. Proposed changes, which would require broader policy and legislative reforms beyond restructuring Federal agencies and programs, include ending the conservatorship of Fannie Mae and Freddie Mac, reducing their role in the housing market, and pro[1]viding an explicit, limited Federal backstop that is on-budget and apart from the Federal support for low- and moderate-income homebuyers.”
“Department of Education and the Workforce Departments of Education and Labor”
Summary of Proposal: This proposal would merge the Departments of Education (ED) and Labor (DOL) into a single Cabinet agency, the Department of Education and the Workforce (DEW). The new agency would be charged with meeting the needs of American students and workers, from education and skill development to workplace protection to retirement security. Merging ED and DOL would allow the Federal Government to address the educational and skill needs of American students and workers in a coordinated way, eliminating duplication of effort between the two agencies and maximizing the effectiveness of skill-building efforts.
“Permitting takes way too long and costs way too many tax dollars!” ― Joe Florida
“Education and labor are intimately interwoven. As the Father of Vocational Education, Frank Parsons put it, all education is in the last analysis, vocational education because it is supposed to prepare students for their lives and future careers. These departments would benefit greatly from being conjoined.” ― Anthony Alaska
The full reorganizational plan document, laden with examples and details, is found at this link here.
Fox also cited the American Action Forum, which said: “On June 21st, 2018, the Trump Administration issued a wide-ranging reform and reorganization plan for the federal government. The White House proposes privatizing the GSEs, and therefore ending both their federal charter and conservatorship. The administration also seeks to “reduce [the GSEs’] role in the housing market” by decreasing federal support for the GSEs and opening up the secondary mortgage market to additional competition from new entrants. In the event of catastrophe, guarantors would still have access to an explicit federal guarantee for MBS, paid for by the guarantors. A new federal entity would regulate the secondary mortgage market, and responsibility for affordable housing would be largely transferred to the Department of Housing and Urban Development (HUD).”
That same source added: “More broadly, the explicit goal of reducing the GSEs’ role in the housing market would end their duopoly and therefore their artificially inflated market share.”
Part II – Additional Information with More MHProNews Analysis and Commentary
In no particular order of importance are the following items.
1) Again, from Monticello.
- “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”
Sources consulted: Searching on the phrase “private banks”
- Founders Online
- Thomas Jefferson Retirement Papers
Earliest known appearance in print: 1933[1]
Other attributions: None known.
Status: This quotation is at least partly spurious; see comments below.
Comments: This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or “later published in The Debate Over the Recharter of the Bank Bill (1809).”
The first part of the quotation (“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered”) has not been found anywhere in Thomas Jefferson’s writings, to Albert Gallatin or otherwise. It is identified in Respectfully Quoted as spurious, and the editor further points out that the words “inflation” and “deflation” are not documented until after Jefferson’s lifetime.[2]
The second part of the quotation (“I believe that banking institutions are more dangerous to our liberties than standing armies”) is a slight misquotation of a statement Jefferson made in a letter to John Taylor in 1816. He wrote, “And I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale”[3]
The third part of this quotation (“The issuing power should be taken from the banks and restored to the people, to whom it properly belongs”) may be a misquotation of Jefferson’s comment to John Wayles Eppes in 1813, “Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.”[4]
This first known occurrence in print of the spurious first part with the two other quotations is in 1948, although the spurious portion actually appears after the two other quotations.[5]
Lastly, we have not found a record of any publication called The Debate Over the Recharter of the Bank Bill. There was certainly debate over the recharter of the National Bank leading up to its expiration in 1811, but a search of Congressional documents of that period yields none of the verbiage discussed above.
Further Sources
- Yale University. The Avalon Project. The Papers of Thomas Jefferson. “Jefferson’s Opinion on the Constitutionality of a National Bank, 1791.”
- Popik, Barry. The Big Apple. “If the American people ever allow private banks to control the issue of their currency….” Extensive listing of appearances of this quotation in print and digital media.”
2) From the Online Library of Liberty, said that Jefferson said the following in a letter to John Taylor.
The broader context of that remark is the following, per that same source.
3) Whoever thought that statement on inflation-deflation and the pressures it places on the public arguably has a point that millions are feeling in our own era. MHProNews previously reported that Representative James Clyburn (SC-D), then the House Majority Whip frankly admitted that Democrats knowingly and willfully enacted policies that sparked inflation. Clyburn defended causing inflation, all on left-leaning MSNBC.
4) Rep. Clyburn has been cited by this platform and MHLivingNews numerous times for the wisdom of the following remarks. Many across the left-center-right divide make statements worthy of appreciation, based on the principle of separating the proverbial wheat from the chaff.
5) To segue back to the headline observation about the ongoing drama about who will lead the Democratic Party as its presidential candidate. Does it matter in the context of the affordable housing crisis? Of course it does. As MHProNews has cited several times since their revealing statements on the Biden-Harris era HUD website, Pamela Blumenthal and Regina Gray said: “The regulatory environment — federal, state, and local — that contributes to the extensive mismatch between supply and need has worsened over time. Federally sponsored commissions, task forces, and councils under both Democratic and Republican administrations have examined the effects of land use regulations on affordable housing for more than 50 years.”
6) Blumenthal and Gray also said:
- “The consequences of inadequate supply are higher housing costs for both renting and buying a home.”
- “The United States needs more housing, and more varied types of housing, to meet households’ needs throughout the country.”
- “Without significant new supply, cost burdens are likely to increase as current home prices reach all-time highs…”
7) MHProNews has subsequently spotlighted numbers of studies and reports that have tended to confirm what Blumenthal and Gray said.
8) It is campaign season. Democrats have been talking about housing policies for decades. But starting at the first of 2024, it certainly seems like the discussions and proposals related to housing has increased. That said, as polling shows it is an important issue for younger and other voters. It also seems that Democratic housing discussions, which have often mentioned manufactured housing, has oddly failed to press or even mention for the bipartisan solution that is already federal law. That would be the Manufactured Housing Improvement Act of 2000 (a.k.a.: MHIA, 2000 Reform Act, 2000 Reform Law), including (not limited to) it’s “enhanced preemption” provision. All of the lawmakers cited below are Democrats.
9) But despite those Democratic lawmakers cited above correctly arguing for implementation of the “enhanced preemption” provision of federal law during HUD Secretary Mel Martinez time at the helm at HUD, once Democrats took the White House and held the HUD Secretary position, it seems that federal enhanced preemption enforcement largely vanished from the Democratic lexicon.
When President Barack Obama (D) and Vice President Joe Biden (D) held the White House and control over the federal bureaucracy, they obviously had the power to enforce federal preemption. They did not do so. Indeed, during 2011 and 2012, Congress held hearings on the lack of federal preemption enforcement.
10) According to left-leaning Wikipedia: “In the 2010 midterm elections, the Republican Party won the majority in the House of Representatives. While the Democrats kept their Senate majority, it was reduced from the previous Congress.[3]” “The 112th United States Congress was a meeting of the legislative branch of the United States federal government, from January 3, 2011, until January 3, 2013.”
So, those hearings statements provided in the reports linked above were during a Republican majority House.
11) There is no question that the Bush-Cheney era failed to fully and properly implement the MHIA or 2000 Reform Law. But so too did the Obama-Biden era. It objectively merits factual mention that during the 2015-2016 Donald Trump campaign for the Republican nomination and then general election campaign, Trump often thundered against the Bush wing of the Republican Party (a.k.a.: GOP or Grand Old Party) as much as he did Democrats.
12) The Manufactured Housing Institute (MHI) had clear access to the White House, perhaps due in part to the mega corporate interests involved in manufactured housing.
13) Both the Manufactured Housing Association for Regulatory Reform (MHARR) and MHI issued letters to then HUD Secretary Ben Carson that included some degree of discussion on federal preemption.
From MHARR:
As amended by Congress in 2000, federal law authorizes HUD to preempt any state or local “requirement” that impairs “federal superintendence of the manufactured housing industry” and the accomplishment of the federal purposes of that law, including, but not limited to, “facilitat[ing] the availability of affordable manufactured homes … for all Americans.” The broad sweep of this language, in turn, was stressed by key congressional supporters of the 2000 reform law, who stated in a November 2003 letter to HUD (copy also attached) that such changes to the law give “HUD the legal authority to preempt local requirements or restrictions which discriminate against the siting of manufactured homes … simply because they are HUD-Code homes.”
Given the fact that confronting and resolving discriminatory and/or exclusionary zoning and placement restrictions against HUD Code manufactured homes (as well as the availability of consumer financing) are top MHARR post-production priorities, the Association, in its communication, invites the Secretary – and HUD – to become fully engaged and join forces in advancing this critical matter, beginning with a study of the scope and impact of such discriminatory mandates as a first step going forward.
In Washington, D.C., MHARR President and CEO, Mark Weiss, stated: “Secretary Carson has specifically recognized the toxic impact of exclusionary local zoning on the availability of affordable housing and homeownership in communities around the United States. The 2000 manufactured housing reform law provides him with exactly the type of robust federal authority he needs to end such discrimination against manufactured homes and the millions of moderate and lower-income Americans who rely on HUD Code homes as a premier source of affordable, non-subsidized homeownership. Secretary Carson should – and must – take this bold step to ensure that manufactured homeowners are not discriminatorily excluded from entire communities based on either their income or their choice of housing.””
14) It must be mentioned that while MHI President and CEO Chris Stinebert was the top-staffer at MHI, there was a far better level of coordination between MHARR and MHI. After Stinebert left, as a longtime MHI insider told MHProNews, the association apparently moved into the grip of “empowered” “f-cking greedy” companies and their corporate leaders.
15) MHARR made it a matter of record that they reached out to MHI linked state associations during the Trump era. Per MHARR, neither MHI nor those state associations took up MHARR’s offer to jointly litigate a push for federal preemption enforcement.
16) Not unlike MHProNews’ and MHLivingNews reports in the past 8 or so years, those reports and remarks from MHARR tend to stand the test of time quite well.
17) MHI has openly sided with conventional housing nonprofits in recent years. Left-leaning Microsoft Bing’s AI powered Copilot said that it is obvious that if MHI was sincerely interested in advancing industry acceptance and production that the fastest way to do so is to press for enforcement of existing laws.
18) But instead, MHI has embraced Democratic plans that don’t mention federal preemption. Indeed, even normally Democratic groups – the Black-Hispanic-Asian Caucus leaders – pleaded with the Biden administration to enforce a standard that MHARR has long said is a natural complement to federal preemption, namely, Affirmatively Furthering Fair Housing (AFFH).
19) When directly asked by a Republican lawmaker about enforcing federal enhanced preemption, then HUD Secretary Marcia Fudge declined. MHI arguably misrepresented that event in their messaging to industry members, as it has others.
20) There is no apparent change by MHI, which invests a significant level of effort patting their own leaders’ backs, while failing to do the heavy lifting needed to advance the industry.
21) MHI appears to be in the grip of corporate consolidators for much of the 21st century, post the exit of Stinebert. Stinebert, in his parting remarks, appeared to take a thinly veiled swipe at his own trade group.
Does that swipe by Stinebert, and the ‘erasure’ by MHI of some of their earlier 21st century leaders explain why MHI no longer mentions some of their own prior leaders from their own website? In what AI powered Copilot once referred to as MHI’s “Orwellian” messaging and lack of transparency, it seems difficult to reconcile MHI’s claims as wanting industry growth with their actual behavior, that routinely fails to take the steps that would result in actual growth.
22) MHI has repeatedly declined comments on its performance. They have gone further, but that’s another story. That’s true despite the fact that numbers of MHI leaders – as has MHARR – publicly praised our platforms for accuracy and pro-industry reporting.
23) Summing Up. Affordable housing, and manufactured housing’s role in that battle can be, and ought to be, a bipartisan or nonpartisan issue. Inflation is but one of the barriers to more affordable housing, but as the linked reports and remarks clearly indicate, it is often Democratic policies that have fueled the lack of affordable housing in the last 3.5 years since Biden-Harris, rightly or wrongly, took over the White House and federal leadership.
Politics obviously has an impact on housing policies. It is arguably as foolish to ignore political developments as it would be to step off a cliff or high-rise building in the hope that gravity wouldn’t do what it does.
Notice: MHProNews is told that MHARR will publish industry statistics next week. Until then, the latest data, a quite comprehensive look at the data, is found in the report linked below.
An argument can be made that not all corporations, and not all financial service firms are ‘predatory’ as some MHI members have been accused of (see linked reports). But the trends of recent years seem to underscore the concerns previously reported by MHProNews that post-Covid outbreak that Biden-era “Build Back Better” policies have done the opposite of what they claimed. Indeed, it seems that what has occurred is what the World Economic Forum (WEF) “Great Reset” claim that people “will own nothing” is steadily coming to pass. Part of the mechanism for that is inflation and the financial system. More on that in the linked reports.
To see this image below in a larger size, depending on your device,
click the image and follow the prompts.
– The quote is often attributed to Thomas Jefferson but may be a paraphrase based on a letter from Thomas Jefferson on a related subject.
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 – 7.5.2024
- Gen Z wants flavorful drinks. Here’s how Big Beer is trying to attract them
- Clothes are displayed for sale in the Neiman Marcus department store at the Galleria Mall on December 13, 2022 in Houston, Texas.
- Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
- Why ABC moved the Biden interview to air Friday night
- Key takeaways from the June jobs report
- US job growth slowed in June, latest employment data shows
- Homeless persons tents pitched in line on the pavement in Whitechapel on 5th December 2023 in East London, United Kingdom. The scene is illustrative of the social disparity in the UK with some people who live in relative wealth in comparison to others, and is an ever common sight in the capital, as people struggle with the cost of living crisis and mental health issues.
- Welcome to power, Keir Starmer. Now fix Britain’s economic mess
- Investors look to upcoming earnings to keep stock rally going
- People look at a Tesla Model Y car at a Tesla showroom in Beijing, China on January 5, 2021.
- Tesla is now an official Chinese government car
- Germany blocks another big business deal with China
- Friday’s jobs report could provide a crucial signal as to whether the jobs market is stable — or weakening.
- What to look for in Friday’s jobs report
- As heat levels climb, so do power bills. Here’s how you can keep costs down
- Former Boeing inspector alleges ‘scrap’ parts ended up on assembly lines
- ABC News interview with Biden will now air as a ‘primetime special’ on Friday
- Judge delays ban on noncompete agreements for small number of employers
- Hollywood stars’ estates agree to the use of their voices with AI
- NBC to use AI version of announcer Al Michaels’ voice for Olympics recaps
- Google’s greenhouse gas emissions are soaring thanks to AI
- Boeing timeline: Inside the air giant’s turbulent journey in recent years
- Here’s how much more you’ll spend on your Fourth of July BBQ this year
- Fourth of July gas prices are set for a three-year low
- Record numbers of people are flying. So why are airlines’ profits plunging?
- What’s open and closed on July 4
- Bob’s Stores is closing all of its stores after 70 years in 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 – 7.5.2024
- Trump Disavows Project 2025
- Former President Donald Trump distanced himself from Project 2025, saying “I have nothing to do with them.” Project 2025, also known as The 2025 Presidential Transition Project, was established by The Heritage Foundation. [Full Story]
- Israel at War
- Israeli Envoy: West Faces ‘Radical Muslim Occupation’
- Bibi Sends Team to Qatar for Renewed Hostage Talks
- Lebanon’s Hezbollah Rains 200 Rockets on Israel
- Senior Official: US Sees ‘Breakthrough’ in Israel-Hamas Talks
- Israel Sends Mossad Chief to Qatar for Hostage Talks
- Bibi: No End to War Until ‘Goals’ Met
- Herzog: Alliance Between Israel, US Remains Strong
- Israel Kills a Top Hezbollah Commander in Lebanon
- Israel Strikes Gaza, Families Seek Shelter
- IDF Chief: Over 900 Hamas Terrorists Killed in Rafah
- WH: Biden’s Threat to Bibi on Iran Strike Proves Fitness
- Newsmax TV
- Jim Trusty: 25th Amendment Should Be on Table
- Matt Whitaker: Immunity Ruling May Lead to N.Y. Mistrial | video
- ADL’s Greenblatt: Taking Govts Aiding Terror to Court | video
- Owens: Dems Were ‘Lied To’ About Biden | video
- Elizabeth Pipko: RNC ‘Prepared for Literally Anything’ | video
- Bean: Dems in Trouble, Biden Is ‘Train Wreck’ | video
- Will Scharf: We Are Seeing ‘Democrat Feeding Frenzy’ | video
- Biggs: Too Late, Hard to Switch Candidates | video
- Newsfront
- How Labour Beat Conservatives in UK After 14 Years, by the Numbers
- Great Britain’s Labour Party has defeated the Conservatives in a historic parliamentary election for control of the nation’s government. With most votes counted, here’s a breakdown of the numbers: Labour has won 412 seats a 63% majority of the 650 seats in the lower…… [Full Story]
- Related Stories
- New PM Starmer Pledges to Rebuild Britain After Years of Chaos
- British PM’s 1st Day at 10 Downing St. Will Stretch from Nuclear Weapons Briefing to Larry the Cat
- Farage Elected to UK Parliament as His Reform Party Breaks Through
- Kremlin: UK Remains Hostile State to Moscow After Labour Election Win
- UK Conservatives Face ‘Bloodbath’ as Party Rebuilds After Defeat
- UK PM Sunak to Resign as Prime Minister, Conservative Leader
- Trump Wants Docs Probe Paused, Cites Immunity Ruling
- Donald Trump is asking for a pause of federal prosecution involving [Full Story]
- Battered Biden Claims He Can Still Beat Trump
- President Joe Biden says he can still trounce Donald Trump in [Full Story]
- Related
- Biden Cancels Speech to Teachers Union Amid Staffers’ Strike
- Trump Disavows Project 2025
- Report: Trump’s Abortion Proposal Sparks GOP Debate
- Fmr Trump Official Suggests Resuming Nuclear Testing
- WH Official to Axios: ‘Everyone Is Miserable’ Over Biden
- “Everyone is miserable” at the White House as outside pressure, [Full Story]
- Related
- New York Mag Details Biden’s Cognitive Decline
- Trump Challenges Biden to ‘No Holds’ Debate
- Trump Demands ABC Show ‘Real Interview’ With Biden
- Ken Blackwell: Dems Preparing Biden ‘Hail Mary’ |Platinum Article
- Trump Shreds ‘Broken Down’ Biden in Hidden Camera Video
- Dem Donors Creating Possible Biden Replacement Fund
- Putin Tells Orban He’ll Discuss ‘Nuances’ of Ukraine War
- Russian President Vladimir Putin told Hungarian Prime Minister Viktor [Full Story]
- Related
- Ukraine: Zelenskyy Has ‘Different Schedule,’ Carlson ‘Not on It’
- Time Running Out for Ukrainians Fleeing Toretsk
- Kansas’ Top Court Bolsters a State Right to Abortion
- Kansas’ highest court strongly reaffirmed Friday that the state [Full Story]
- This Vegetable Reduces Your Belly and Arm Fat Quickly!
- RFK Jr.: Won’t ‘Take Sides’ on Saudi Role in 9/11
- Independent presidential candidate Robert F. Kennedy Jr. says he [Full Story]
- Bone on Bone Knees? Try This Move
- Vatican Excommunicates Ex-US Ambassador Vigano
- The Vatican has excommunicated its former ambassador to the U.S., [Full Story]
- Judge Blocks Release of Nashville Shooter’s Writings
- The writings of the person who killed three 9-year-olds and three [Full Story]
- How Much Does It Cost to Replace a Roof in Florida 2024?
- Fed Report: Inflation Easing, Labor Market Readjusting
- Inflation is easing and the job market has returned to the “tight but [Full Story]
- Job Growth Eases; Unemployment Rises to 4.1 Percent
- S. job growth slowed to a still-healthy pace in June, with the [Full Story]
- House Dems Try to Put Election Focus on Supreme Court
- House Democrats want to deflect attention concerning President Joe [Full Story]
- 2 Dead, 9 Injured After Truck Rams NYC Group
- Two people were killed and nine others injured, four critically, when [Full Story]
- NKorea Orders Overseas Students to Return Home
- North Korea has ordered all its overseas students to return home for [Full Story]
- Gallup Poll: 67 Percent At Least Very Proud to be American
- Sixty-seven percent of Americans are “extremely proud” or “very [Full Story]
- Pentagon Sending New Jets to Japan in Force Upgrade
- The Pentagon will be spending about $10 billion over the next few [Full Story]
- Brazil’s Police Indict Fmr President Bolsonaro
- Brazil’s federal police have indicted former President Jair Bolsonaro [Full Story]
- Ukraine’s Army Retreats in Strategically Important Town
- Ukraine’s army has retreated from a neighborhood in the outskirts of [Full Story]
- Iran Votes for President
- Iranians voted on Friday in a presidential runoff election where the [Full Story]
- Vulnerable Democrats Break From Biden
- Three vulnerable Democrats running in competitive House districts are [Full Story]
- New PM Starmer Pledges to Rebuild Britain After Years of Chaos
- Britain’s new Prime Minister Keir Starmer pledged Friday to use his [Full Story]
- Americans Celebrate Fourth of July in Searing Heat
- Millions of people in the U.S. celebrated and suffered under heat [Full Story]
- Biden Enters Make-or-Break Stretch For Imperiled Campaign
- President Joe Biden on Thursday opened a crucial stretch in his [Full Story] | video
- Fmr Sen. Boxer Scolds Democrats Crucifying Biden
- Former Sen. Barbara Boxer, D-Calif., pushed back Thursday on members [Full Story]
- Chicago’s Patrick Bertoletti Wins Nathan’s Hot Dog Eating Contest
- Patrick Bertoletti of Chicago gobbled down 58 hot dogs to win his [Full Story]
- Exit Poll: Britain Braces for Huge Labour Majority
- Britain’s Labour Party was headed for a huge majority in Britain’s [Full Story]
- Trump Campaign Lays Off Biden After Debate
- Former President Donald Trump’s reelection campaign has remained [Full Story]
- Biden’s Top Donors Set to Pull Support After Debate
- Several prominent Democrat donors have withdrawn their support for [Full Story]
- James Carville to Donors: Don’t Fund Pols Backing Biden
- Democrat operative James Carville is urging major party donors not to [Full Story]
- VA: No Disability Unless Vets Repay Separation Benefits
- Veterans who accepted one-time separation benefit checks from the [Full Story]
- Homeless Man Charged With Murder in San Francisco
- A 74-year-old-woman died Monday night after she was pushed into an [Full Story]
click the image and follow the prompts.
-
-
- 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, 21st 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.
