“About 35 percent of Americans are renting now, according to the report, and more demand keeps driving rent prices up and up.”
“Now, enter the humble trailer home. It’s affordable and relatively new and spacious as compared to a lot of cramped, crumbling low-end apartment buildings, say housing experts.”
Lane quotes from generally favorable comments made about manufactured housing from The Atlantic, and continues: “The median cost of a single-family home last year was $324,000 according to the Census Bureau. A trailer? Just $64,000.”
“Freddie Mac started financing trailer park developers last year, according to The Wall Street Journal, signaling that the mortgage lender is moving into that market as an affordable housing option.”
Having based her writng primarily on The Atlantic’s, Lane’s article has essentially the same strengths and – weaknesses – such as improper terminology and perpetuating the stereotype of MH as being for the poor. Lane may not have seen the CBS News video which interviewed millionaires living in manufactured homes who called modern HUD Code certified homes, “trendy.”
A manufactured home industry response that corrects the weaknesses made in The Atlantic column would apply for Lane’s article too, and is linked here. ##
(Photo credit: La Citta Vita/Flickr/The Atlantic)