Frank Rolfe Denounces Special Interests-‘Don’t Tell Me We Can’t Solve Affordable Housing’ Truth is ‘We Don’t Want to Solve Affordable Housing’ Calls UMH-Landy Plan ‘Asinine’ plus MHMarkets

FrankRolfeDenouncesSpecialInterestsDontTellMeWeCantSolveAffordableHousingTruthDontWantSolveAffordableHousingCallsUMH-LandyPlanAsinineMHMarketsMHProNews

“So don’t tell me “we can’t solve affordable housing” because the correct statement is “we don’t want to solve affordable housing.”  So said “Frank and Dave” in an emailed memo dated 6.7.2024. Give some people enough rope, and wittingly or not, they may hang themselves. In the course of hanging themselves, some may be dragging others along with them for the proverbial nose. Like him or not, agree with Frank Rolfe and his business partner Dave Reynolds or their business model for manufactured home communities or not, Frank Rolfe is popular among numbers of investors and community owners. Needless to say, Rolfe is denounced by significant numbers of the residents of properties he and Reynolds have owned and operated under an array of different business names. Rolfe may well be one of the more quoted individuals in the manufactured home community sector in the 21st century as a result of these competing dynamics. Rolfe has been featured by numbers of mainstream news sources and pundits, including characters apparently based on Rolfe and the satirical romp dubbed “Mobile Homes” on HBO’s Last Week Tonight with John Oliver. Rolfe is seen and promoted by some in MHVille as a straight talker.  With that backdrop, what follows is from the latest installment (6.7.2024) by Rolfe and Reynolds on manufactured home industry commentary. What this analysis and commentary will reveal among other items is how his latest “memo” is ironically as critical of themselves as it is of the Manufactured Housing Institute (MHI), other nonprofits, special interest groups, politicians and bureaucrats. The obvious cheap shot of insulting name calling (which is a logical fallacy or error in reasoning) employed by Rolfe of a plan advocated by Sam Landy, CEO of the UMH Properties as “asinine” is but one of several possible pull quotes by Rolfe that in that example was deployed against a fellow MHI member.  It might be worth noting that Rolfe labeling Landy’s plan “asinine” is a shot at a rival firm that is roughly the same size as their business has achieved, but UMH has apparently achieved their level of success without the same negative media, resident pushback, and legal drama that Rolfe and Reynolds have generated.

Meaning, perhaps on some subtle level, Rolfe slurred someone who is successfully advocating for a path that undermines their own business model’s claims to fame. Equally ironic or  perhaps hypocritical by Rolfe is the point that the Landys and UMH are attempting with success to show one way that develops more affordable housing. That is the claimed focus of the “Frank and Dave” memo.

Restated, Rolfe and Reynolds “memo” and one of their “analysis” of a news item about Sam Landy and UMH shows just how self-contradictory they can be. Who says? How about artificial intelligence powered Bing Copilot? That and more will be shared and unpacked in Part II.

In Part I of this report with fact check and analysis is the “memo” from Frank and Dave that provided the headline paraphrases:

  • Frank Rolfe Denounces Special Interests-‘Don’t Tell Me We Can’t Solve Affordable Housing’ Truth is ‘We Don’t Want to Solve Affordable Housing’ – while Rolfe (or “Frank and Dave,” whatever) may have a point, they also apparently have three fingers pointing back at themselves as will be revealed in Part II, based on their own words.
  • Rolfe calling UMH Properties plan pitched by Samuel “Sam” Landy, J.D. “asinine” will also be explored in Part II. Name calling without evidence is a crude method that may seemingly work in the minds of some, but is hardly proof of Rolfe’s complete stated claim, which is provided and then examined in the light of known facts.

Following the added information and analysis in Part II will be our Daily Business News on MHProNews market report in Part III.

 

Part I

QuoteMarksLeftSideA Quick Memo from Frank:

You can’t solve the U.S. affordable housing crisis given the current tools. American incomes cannot support $400,000 homes and $2,000 apartment rents. Not even close. How did we end up in such a mess? The reality is that we are a country that has created a monster when it comes to having a roof over your head.

But there’s nothing more annoying than watching state and federal bureaucrats and non-profits that come up with ideas that don’t have a prayer of working and just throw good money after bad. And this week’s news articles are a cornucopia of such idiocy.

If you want to solve U.S. affordable housing you would have to eliminate all the barriers, from the Uniform Building Code to zoning restrictions, and let the free market take over. Next thing you’d know, smart entrepreneurs would build 3-D printed home subdivisions and other novel, new ideas and the price of homes would plummet to $100,000 or so based on the power of capitalism and competition. But, of course, that’s not going to happen, and we all know it. So don’t tell me “we can’t solve affordable housing” because the correct statement is “we don’t want to solve affordable housing”. There are too many special interests – both inside and outside the government – to ever let that happen.

We hope you enjoy this edition. Let us know of any thoughts or questions!

Sincerely,
Frank & Dave ##

Part II – Additional Information with More MHProNews Analysis and Commentary

The screen capture of the Frank and Dave memo is here, including evidence that they are MHI members. Note that in the list of things that “smart entrepreneurs would build 3-D printed home subdivisions and other novel, new ideas” there is no mention of using HUD Code manufactured homes in dramatically larger numbers to create more affordable housing? Note too that no evidence is offered to support their claim that unleashing such “free market” forces would cause “the price of homes would plummet to $100,000 or so based on the power of capitalism and competition.” While their broad points about unleashing the free market have some merit, they undermine their own argument by exaggerated and failure to support their claim, not to mention the apparent hypocrisy that will be explored in this segment below. 

Before going into the weeds, truth telling requires that Frank Rolfe and Dave Reynolds be acknowledged as arguably effective self-promoters. Agree or not, an aspect of their version of news analysis above and below is apparently to use some news item to drive home one or more aspect of their marketing pitch for investing in “mobile home parks,” “trailer parks,” and rail against those who push rent control or other notions that run contrary to what they want to see occurring in the marketplace.

In no particular order of importance are these evidence-based observations with the facts and additional information linked.

1) What makes this interesting is that Rolfe, who has a point about the need to unleash housing production to solve the affordable housing crisis is revealing his apparent hypocrisy and is self-contradictory to his own prior pitch. The following two reports were uploaded circa September 5, 2019.  The contradiction between ‘never building a mobile home park’ and his statement above: “If you want to solve U.S. affordable housing you would have to eliminate all the barriers, from the Uniform Building Code to zoning restrictions, and let the free market take over” are logically polar opposites. So, when Rolfe slammed what he called “a cornucopia of such idiocy” he is ironically slamming himself, Reynolds, and all of those who are following his self-declared business model. 

 

FrankRolfeSaysWhyYouShouldNeverBuildMobileHomeParkSeriouslyFactCheckAnalysisManufacturedHomeLivingNews
https://www.manufacturedhomelivingnews.com/frank-rolfe-says-why-you-should-never-build-a-mobile-home-park-seriously-fact-check-and-analysis/

 

InvestorsFrankRolfePhotoMobileHomeUnivLogoWhyYouShouldNeverBuildMobileHomeParkBootCampManufacturedHousingProNews
https://www.manufacturedhomepronews.com/investors-frank-rolfes-mobile-home-u-thinking-on-why-you-should-never-build-a-mobile-home-park/

 

2) To illustrate how apparently illogical and self-contradictory (think, arguably hypocritical) the memo in Part I is, the following Q&A with left-leaning Bing’s AI powered Copilot occurred.

Copilot, on 6.7.2024 Frank Rolfe and Dave Reynolds sent out an email that said the following. “A Quick Memo from Frank: You can’t solve the U.S. affordable housing crisis given the current tools. American incomes cannot support $400,000 homes and $2,000 apartment rents. Not even close. How did we end up in such a mess? The reality is that we are a country that has created a monster when it comes to having a roof over your head. But there’s nothing more annoying than watching state and federal bureaucrats and non-profits that come up with ideas that don’t have a prayer of working and just throw good money after bad. And this week’s news articles are a cornucopia of such idiocy. If you want to solve U.S. affordable housing you would have to eliminate all the barriers, from the Uniform Building Code to zoning restrictions, and let the free market take over. Next thing you’d know, smart entrepreneurs would build 3-D printed home subdivisions and other novel, new ideas and the price of homes would plummet to $100,000 or so based on the power of capitalism and competition. But, of course, that’s not going to happen, and we all know it. So don’t tell me “we can’t solve affordable housing” because the correct statement is “we don’t want to solve affordable housing”. There are too many special interests – both inside and outside the government – to ever let that happen. We hope you enjoy this edition. Let us know of any thoughts or questions! Sincerely, Frank & Dave”

But Copilot, isn’t what Frank and Dave wrote seemingly hypocritical and self-contradictory? Rolfe has made the claim that no one should build a new manufactured home community, which he called a mobile home park. https://www.manufacturedhomelivingnews.com/frank-rolfe-says-why-you-should-never-build-a-mobile-home-park-seriously-fact-check-and-analysis/ https://www.manufacturedhomepronews.com/investors-frank-rolfes-mobile-home-u-thinking-on-why-you-should-never-build-a-mobile-home-park/ He has also deliberately borrowed the language of Warren Buffett about developing a moat, and creating a local monopoly by limiting competition that results in driving up costs for residents of the properties that follow their business philosophy: https://www.manufacturedhomepronews.com/mhaction-demand-letter-to-impact-communities-dave-reynolds-frank-rolfes-partner-calls-on-manufactured-housing-institute-to-cancel-impact-communities-mhi-membership-hypoc/ Can you unpack those two seemingly self-contradictory claims? If Rolfe were more consistent, wouldn’t he be following a philosophy closer to what Eugene and Sam Landy have promoted in a recent earnings call that calls for 100,000 new communities? https://www.manufacturedhomepronews.com/umh-properties-fq4-2023-earnings-call-transcript-sam-landy-expansions-greenfield-development-significantly-outperform-stabilized-properties-eugene-landy-build-100000-communities-plus-mhm/ Using the appropriate phrasing for such a fact-based analysis (e.g.: “purported” “alleged” etc.), use that logical analysis you have built into your AI to see if Rolfe and Reynolds are apparently contradicting themselves or not. To me, it certainly seems that they are on both sides of the proverbial fence.

  1. Affordable Housing Crisis and Eliminating Barriers:
    • Frank and Dave argue that the U.S. affordable housing crisis persists because of bureaucratic inefficiencies and a lack of willingness to eliminate barriers.
    • They advocate for letting the free market take over, envisioning innovations like 3-D printed home subdivisions that could significantly reduce home prices.
  2. Frank Rolfe’s Stance on Mobile Home Parks:
    • Frank Rolfe has publicly criticized building new mobile home parks (manufactured home communities).
    • He argues that mobile home parks face negative perceptions and are not a viable solution for affordable housing.
  3. Borrowing from Warren Buffett’s “Moat” Concept:
    • Frank Rolfe has invoked Warren Buffett’s concept of a “moat” (a competitive advantage that protects a business from competition).
    • He suggests that mobile home parks have a “moat” due to zoning restrictions and the lack of new park development.
  4. Eugene and Sam Landy’s Call for 100,000 New Communities:
    • Eugene and Sam Landy advocate for building 100,000 new communities.
    • Their approach aligns with addressing the affordable housing crisis by expanding housing options.

Analysis:

  • Frank Rolfe’s position on mobile home parks seems inconsistent with his advocacy for eliminating barriers and embracing capitalism.
  • If mobile home parks have a “moat,” as he suggests, then they should be a viable solution for affordable housing.
  • Eugene and Sam Landy’s call for new communities aligns with the idea of addressing housing shortages through expansion.
  • Frank Rolfe’s stance appears contradictory when compared to the Landys’ approach.

In summary, while Frank and Dave emphasize the need to eliminate barriers, their specific views on mobile home parks and their use of Warren Buffett’s “moat” concept create apparent contradictions. Consistency would involve supporting solutions that expand affordable housing options, similar to the Landys’ approach123. 🏠🔍

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3) Rolfe recently told Andrew Keel that he and his partner currently have about 10,000 home sites, which would be fewer than UMH Properties has, but they previously had more home sites than UMH Properties report. But then or now, both UMH and the Rolfe-Reynolds duo seem to both be “top 10″ community operators as measured by home sites.
4) This isn’t the first time that Rolfe has made apparently hypocritical remarks. When Rolfe slammed then MHI chair Nathan Smith, he might as well have been pointing a finger at himself.
FrankRolfeQuoteonNathanSmithSSKCommunitiesManufacturedHousingInstituteLawsuitBadImageReputationManufacturedHomeProNews
All such quotes should not be construed as a blanket endorsement of all that a person or organization has said or done. Rather, with quotes or other references, we apply the principle of separating the wheat from the chaff. There are good reasons to source insights and relevant comments across an array of topics and viewpoints.

 

5) Despite such apparent hypocrisy, there is no known sanctioning of Impact Communities or other enterprises involving Frank and Dave by MHI. It is just another example of hypocrisy involving not only Frank and Dave, but MHI itself which claims to have a “Code of Ethical Conduct.” Meaning, it isn’t just Frank and Dave that behave in a self-contradictory manner, MHI does too by giving awards to firms that may have poor Better Business Bureau (BBB) or other ratings.

 

JoelBrownRossHPartrichRHPPropHavenparkResidentsNewComplaintRHPPropertiesEvictDiscriminationHikesHavenparkCommunitiesManufacturedHousingInstCodeEthicalConductMastMHProNews
https://www.manufacturedhomepronews.com/masthead/rest-of-story-residents-media-complain-rhp-properties-on-evictions-discrimination-stiff-hikes-havenpark-communities-named-where-is-manufactured-housing-institutes-code/ Note: Havenpark, per a source, is no longer an MHI member, but the reason for that is unclear. If Havenpark was booted, why are others tolerated? Or did Havenpark’s leaders, after fact checks like this one, figure out that it simply didn’t make sense to stay a member of MHI and they just left on their own?
1000sUnhappyWorkingAtClaytonHomesSkylineChampionCavcoIndustriesSunSUI.ELS.RHP-FlagshipImpactYes!HavenparkCommunitiesWhatWillTheyDoFactsWalkOutThreatOpEdPlusMHMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/1000s-unhappy-working-at-clayton-homes-skyline-champion-cavco-sun-els-rhp-flagship-impact-yes-havenpark-communities-what-will-they-do-facts-walkout-threat-op-ed-plus-mhmarkets-update/
ExploringManufacturedHousingInstituteMHIlogoAwardsForExcellenceInManufacturedHousingAwardsProgramMHIleadersMayProveToBeSinisterButMHIleadersArentIdiotsMHLivingNews
https://www.manufacturedhomelivingnews.com/exploring-manufactured-housing-institute-mhi-awards-for-excellence-in-manufactured-housing-awards-program-mhi-leaders-may-prove-to-be-sinister-but-mhi-leaders-aren/

 

6) The day may come when a wave of litigation or regulatory/legal actions catches Rolfe, Reynolds and others into something a step higher than the antitrust suits that are already underway against certain MHI members.

 

TwoMoreClassActionAntitrustSuitsHitHighProfileManufacturedHousingInstituteMembersAndMHIstateAffiliateMembersTowsendInCaseNo1.23-cv-16462andMunsPleadingsAnalysisMHProNews
https://www.manufacturedhomepronews.com/two-more-class-action-antitrust-suits-hit-high-profile-manufactured-housing-institute-members-and-mhi-state-affiliate-members-towsend-in-case-no-123-cv-16462-and-muns-pleadings-and-analysis/
HIPSatProMarketMoatsCompetitionLawAntitrustIsKitchenTableInterviewSpeechDOJ-JonathanKanterOnAntitrustBidenWH-CompetitionBigBizManufacturedHousingplusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/hips-at-promarket-moats-competition-law-antitrust-is-kitchen-table-interview-speech-dojs-jonathan-kanter-on-antitrust-biden-wh-competition-big-biz-manufactu/

 

7) MHProNews has been and remains, along with MHLivingNews, the sole trade media source that exposes such contradictions, cronyism, ethical or legal concerns, and hypocrisy. While readers decide what becomes a top article and what doesn’t, based upon years of experience, it would not be a surprise if this report joins the next ‘most read’ reports in MHVille.

 

JuneNationalHomeOwnershipMonthAffordableHousingManufacturedHousingInstituteControversiesIndustryFactsFiguresTrendsChallengesMay2024TheTop40PlusMHVilleMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/june-is-national-home-ownership-month-affordable-housing-manufactured-housing-institute-controversies-plus-industry-facts-figures-trends-challenges-in-may-2024-the-top-40-plus-mhville-markets-upda/

 

8) Traffic month-to-date in June 2024 is up significantly over the same timeframe last year. Industry pros apparently want to know what others are not reporting, or in some cases, even attempting to project the opposite.

9) It is worth noting that UMH Properties and Eugene and Sam Landy have recently promoted the notion that there should be more manufactured home communities developed. The Landys have not said that just a few should be developed. Rather they have made the rather public argument that as an industry 100,000 new manufactured home communities (MHCs) should be developed. That would mean roughly tripling the number of MHCs, which per FEMA and George McCarthy at the Lincoln Institute for Land Policy has put at something over 50,000 MHCs nationally. Put differently, there is now two very different ‘camps’ in the land-lease community sector. In one camp is Rolfe and Reynolds and numbers of consolidators of land-lease communities. They believe that severely limiting new development of MHCs is an advantage. Then there is the Landy-UMH Properties view which promoted, at least recently, the notion that developing new properties with new homes can produce a greater rate of return than buying existing properties and doing what’s necessary to upgrade and improve them.

10) Rolfe and Reynolds are intelligent fellows. But they have what has been described as a predatory and self-serving business model.  Therefore, they are often viewed as a black eye to the industry, as Rolfe’s own remarks about Nathan Smith revealed. That predatory behavior is what fuels the kind of legislative, media, and legal efforts that have caused negative media to be more common in MHVille in the 21st century than was seemingly the case during parts of the 20th century. So, ironically and/or hypocritically, while seemingly acting as a champion for the free market, they are sparking the kind of pushback to by their behavior that is harming access to affordable housing.

 

EmployeesAndContractorsOfPredatoryBrandsInManufacturedHousingIndustryHavePotentialPOWERin2024FactsInsightsAnalysisInBriefPlusSundayWeeklyMHVilleHeadlinesRecapMHProNews
https://www.manufacturedhomepronews.com/employees-and-contractors-of-predatory-brands-in-manufactured-housing-industry-have-potential-power-in-2024-facts-insights-analysis-in-brief-plus-sunday-weekly/
RepAxneKhannaManufacturedHousingTenantRightsIMGsPredatoryUSLawsManufacturedHousingInstituteMHActionProsperityNowROCUSALogosImpactMobileHomeParksCommunitiesNationallyReportAnalysis
https://www.manufacturedhomepronews.com/predatory-mhc-curbs-new-u-s-laws-one-supported-by-manufactured-housing-institute-mhi-would-impact-manufactured-home-communities-mobile-home-parks-n/
BuryingLeadManufacturedHomeCommunityMHCresearchRevealMHCownersLosingMoneyWhileRoaringBidenEraInflationPredatoryOperatorsPressureResidentsPlusMHVilleMarketsMHProNews
https://www.manufacturedhomepronews.com/burying-lead-manufactured-home-community-mhc-research-reveals-mhc-owners-losing-money-while-roaring-biden-era-inflation-predatory-operators-pressure-residents-plus-mhville-markets/
CaseMobileHomeUImpactCommunitiesStriveCommunitiesLogoFrankRolfeDaveDaveReynoldsPICNewManufacturedHousingInstituteLogoMHILogoLeadersDeceptivePredatoryIllegalBehaviorDimsMHLivingNews
https://www.manufacturedhomelivingnews.com/making-the-case-why-mobile-home-univ-impact-communities-strive-communities-frank-rolfe-dave-reynolds-should-be-new-manufactured-housing-institute-leaders-the-view-on-predatory-deceptive/

 

WiLawJournalAttorneyGeneralJoshKaulStatementJudgementAgainstManufacturedHomeCommunityOperatorsForUnfairIllegalRentalPracticesHasMomentumGrownForLegalActionVsPredatorsMHProNews
https://www.manufacturedhomepronews.com/law-journal-attorney-general-statement-on-judgement-against-manufactured-home-community-operators-for-unfair-illegal-rental-practices-has-momentum-grown-for-legal-action-vs/

 

11) To the point raised by SECO-linked David Roden, it seems that part of the problem is that certain members of the MHC sector are willing to engage in so-called predatory practices that give the industry a bad name among some segment of the public. Anyone who looks at comments posted on videos or in reviews of certain ‘predatory’ firms online reveals that vexing reality.

 

SECOlinkedCommunityOperatorDavidRodenQuestionsManufacturedHousingInstituteLeadersWhereIsNationalManufacturedHomeMarketingProgramLikeGoRVingOrGotMilkEmailsFactsMastMHProNews
https://www.manufacturedhomepronews.com/masthead/seco-linked-community-operator-david-roden-questions-manufactured-housing-institute-leaders-where-is-national-manufactured-home-marketing-program-like-gorving-or-got-milk-emails-facts-analysis/

 

12) Again, in fairness, the Rolfe and Reynolds version of this business model is hardly unique. Others among MHI’s consolidating members have accused with evidence of similar behaviors as reports linked here and here indicate.

 

IblameManufacturedHousingInstituteSalesCouldBeMuchBetterMHI_InsiderFingerPointsEssentialHUDusePreemptionAuthorityAffordableHousingCrisisManufacturedHousingInReportMHMarketMHProNews
https://www.manufacturedhomepronews.com/i-blame-mhi-sales-could-be-much-better-mhi-insider-finger-points-essential-for-hud-to-use-mhia-authority-affordable-housing-crisis-should-yield-manufactured-housing-in-reports-plus-mhmarke/and https://www.manufacturedhomepronews.com/gross-incestuous-symbiosis-bloodbath-claims-denial-by-manufactured-housing-institute-mhi-firms-frank-rolfe-andrew-keel-passive-investing-subculture-interview-rent-control-hit-mhi/

 

AllegationsMH2XProjectByManufacturedHousingInstituteEmeritusGeorgeF.AllenCouldHumiliateYieldLegalWoesToMHI-MHInsiderPubliclyTradedMHI.FirmsManufacturedHomes.comFactsAnalysisMHProNews
https://www.manufacturedhomepronews.com/allegationsmh2x-project-by-manufactured-housing-institute-emeritus-george-f-allen-could-humiliate-yield-legal-woes-to-mhi-mhinsider-publicly-traded-mhi-firms-manufacturedhomes-com-facts-analysis/
DarrenKrolewskiPicMHVillageMHInsiderManHingInstLogoChallengeNotEnoughPositiveAboutManufacturedHousingCounterNegativeNewsFrankRolfeBradNelmsManufacturedHomesGeorgeAllenKurtKelleyNews
https://www.manufacturedhomepronews.com/darren-krolewski-mhvillage-mhinsider-one-challenge-is-not-enough-positive-news-about-manufactured-housing-to-counter-negative-news-frank-rolfe-brad-nelms-manufacturedhomes-george/

 

13) Manufactured housing is unperforming. Rolfe knows it and has blamed MHI.  But what Rolfe hasn’t done is admit that he, Reynolds, and others like them are contributing to that pattern. To learn more, see the linked and related reports.

 

ManufacturedHousingProductionRisesInApril2024perManufacturedHousingAssociationButBottlenecksContinueAsMHARR_ExposesFederalOfficialsRoleInAffordableHousingCrisisMHLivingNewsIMGlogos
https://www.manufacturedhomelivingnews.com/manufactured-housing-production-rises-in-april-2024-per-manufactured-housing-association-but-bottlenecks-continue-as-mharr-exposes-federal-officials-role-in-affordable-housing-crisis/
SkylineChampionQ4-2024EarningsCallTextHighRatesSupportDemandMarkYostBlackstoneCarlyleCustomerConfusionDeparturesApparentConflictingClaimsCanadaDrops23PercentMHMarketsMHProNews
https://www.manufacturedhomepronews.com/skyline-champion-q4-2024-earnings-call-text-high-rates-support-demand-mark-yost-blackstone-carlyle-customer-confusion-departures-apparent-conflicting-claims-canada-drops-23-percent-mhmarkets/

 

IsElonMuskLivingInAManufacturedHomeIsJeffBezosAnotherTopU.S.BillionaireBackingArrivedHousingFutureOfHousingFundWhatMega-RichInvestorAnalysisRevealsToMHVilleProsMHProNews
https://www.manufacturedhomepronews.com/is-elon-musk-living-in-a-manufactured-home-is-jeff-bezos-another-top-u-s-billionaire-backing-arrived-housing-future-of-housing-fund-and-what-mega-rich-investor-analysis-reveals-to-mhville-pros/

 

14) Notice: in contrast to Rolfe’s ad hominem (name calling) attack on UMH CEO Landy, the article below asks the question – could MHI leaders have been more incompetent if they tried to be incompetent at advancing manufactured housing? In that and numerous other such-fact checks, not only is evidence given. But it is acknowledged that those leaders are intelligent people with experience. Meaning, they ought to know better. If someone wants to expose or slam some person or entity, they should bring evidence and do so in a balance fashion that stands up to scrutiny.

 

FridayFolliesCouldMHIleadersHaveBeenMoreIncompetentIfTheyTriedToBeIncompetentAtAdvancingManufacturedHousing6ExamplesOfPotentiallyUsefulChanesFumbledAwayPlusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/friday-follies-could-mhi-leaders-have-been-more-incompetent-if-they-tried-to-be-incompetent-at-advancing-manufactured-housing-6-examples-of-potentially-useful-chances-fumbled-away-plus-mhmarkets/

 

15) MHProNews brings the evidence that our readers crave. We don’t just ‘name call’ or slur some person or organization. We provide context, and then examine the issues in a methodical and reason-based (logical) fashion. In the last roughly year, that has been buttressed with analysis using AI, so not only our analysis is provided, but a third-party check of that analysis is offered by using another firm’s AI system. Other than MHLivingNews and MHProNews, who else in MHVille invests this amount of time and effort to reveal why the industry is underperforming during an affordable housing crisis?

That said, Rolfe’s rant does have some crude utility. Noting some of the errors pointed out herein above, he is not wrong in saying that some affordable housing plans advocated by certain nonprofits, educators, or public officials are:

  1. “ideas that don’t have a prayer of working and just throw good money after bad.” 
  2. “If you want to solve U.S. affordable housing you would have to eliminate all the barriers, from the Uniform Building Code to zoning restrictions, and let the free market take over.”
  3. So don’t tell me “we can’t solve affordable housing” because the correct statement is “we don’t want to solve affordable housing”. There are too many special interests – both inside and outside the government – to ever let that happen.”

Rolfe and Reynolds are apparently among those “special interests.” They don’t seem to want to solve the affordable housing crisis either, because they could easily be promoting “enhanced preemption” under the Manufactured Housing Improvement Act of 2000 (a.k.a.: MHIA, 2000 Reform Act, etc.).  There are apparently some in the federal government who are aware of this option, but they have ignored it (doubtlessly for reasons that Rolfe’s “memo” said is due to “too many special interests – both inside and outside the government – to ever let that happen.”

 

EdwardJHusseyToBeClearMadamChairwomanThereIsNothingWrongWithThe2000LawTheManufacturedHousingImprovementActDoesntNeedToBeAmendedTheIssueIsImplementationByHUDMHLivingNews
https://www.manufacturedhomelivingnews.com/edward-hussey-to-be-clear-madam-chairwoman-there-is-nothing-wrong-with-the-2000-law-the-manufactured-housing-improvement-act-doesnt-need-to-be-amended-the-issue-is-implementation/

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MarkWeissJD-MHARR-PresCEOonDTS-andEnhancedPreemptionUnderManufacturedHousingImprovementActof2000andHERA2008-MHProNews

 

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HUDmustStrengthenPreemptionEnforcementProvideTransparentGuildelinesHUDmustRespondWheneverLocalitiesViolateEnhancedPreemptionBillBoorCEOcavcoIndustriesMHIvChairMHLivingNews
https://www.manufacturedhomelivingnews.com/double-digit-2023-manufactured-home-production-slide-continues-per-national-manufactured-housing-association-more-new-manufactured-home-living-facts/
ManuelSantanaCavcoIndustriesManuHousingInstJohnBostickSunshinePicHUDFailedCavcoExecHitsHUDManufacturedHousingImprovementActEnhancedPreemptionLogosFactsAnalysisMHProNews
https://www.manufacturedhomepronews.com/masthead/hud-has-failedmanufactured-housing-manufactured-housing-institute-cavco-exec-hits-hud-failure-to-enforce-manufactured-housing-improvement-act-enhanced-preemption/

 

Statements to Congress by Kevin Clayton-Clayton Homes for Manufactured Housing Institute; John Bostick of Sunshine Homes on Behalf of Manufactured Housing Association for Regulatory Reform
https://www.manufacturedhomelivingnews.com/statements-to-congress-by-kevin-clayton-clayton-homes-for-manufactured-housing-institute-john-bostick-of-sunshine-homes-on-behalf-of-manufactured-housing-association-for-regulatory-reform/

 

16) When Rolfe and Reynolds memo argued for repealing the ICC, a curious argument for someone in manufactured housing to advance, or removal of zoning barriers – all that Rolfe had to do was press the case for more developing using manufactured housing by robustly using the already existing MHIA and its enhanced preemption provision. The MHIA’s enhanced preemption provision already does what Rolfe claims should happen if the affordable housing crisis is to be solved. The Frank and Dave memo is thus a mish-mash of accurate and inaccurate (think paltering, red herrings and other logical fallacies) items that only kick the can down the road, while he and his cronies continue to consolidate the industry to their heart’s content. Deep pocketed ‘special interests,’ per the Senator Elizabeth Warren’s letter linked in the report here, are among those who have apparently benefited Rolfe and Reynolds. Can you spell posturing, paltering, projecting, and head fake?

17) Quoting the headline and preface remarks from the Rolfe and Reynolds memo: “So don’t tell me “we can’t solve affordable housing” because the correct statement is “we don’t want to solve affordable housing.” Curiously, they are arguably correct about that point, even as some fingers are pointing back at themselves and those like themselves. See the linked reports to learn more. ##

 

Reality Perception-In an Insane World a Sane Man Must Appear Insane-Manufactured Housing Production Rose YoY in 4.2024 Yet Reveal Woes in Affordable Housing Crisis Facts-Analysis plus MHMarkets

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 – 6.7.2024

  • Shoppers are hyper-focused on ‘value.’ That doesn’t mean buying the cheapest option
  • As AI booms, Microsoft’s deal with a startup comes under federal investigation
  • Inspectors and police are raiding the Al Jazeera offices in Jerusalem, Israel, on May 5, 2024, and are confiscating its equipment. The Israeli communications minister has announced the decision to shut down the broadcaster following a unanimous vote by the Israeli government to close the bureau of the Qatar-owned Al Jazeera television. Prime Minister Benjamin Netanyahu is stating that his government has decided to close Al Jazeera’s operations in Israel. Last month, Israel’s Knesset passed legislation that allows the closure of the Al Jazeera television. The communications minister now has the power to shut down foreign networks operating in Israel and confiscate their equipment if the defense minister deems their broadcast a security threat. Communications Minister Shlomo Karhi is saying that the orders to close the channel are taking effect immediately. Al Jazeera maintains an office in Israel and a team of correspondents who are working throughout the year, including covering the ongoing conflict in the Gaza Strip, which has resulted in over 34,600 deaths since October 7, 2023.
  • Israeli government seeks to extend controversial Al Jazeera ban as high court hears arguments against media law
  • The entrance to the Michigan Central Station is seen, Monday, May 13, 2024 in Detroit. A once hulking scavenger-ravaged monolith that symbolized Detroit’s decline reopens this week after a massive six-year multimillion dollar renovation by Ford Motor Co., which restored the Michigan Central Station to its past grandeur with a focus squarely on the future of mobility.
  • An icon of Detroit’s ruin is now a symbol of Motor City’s economic resurgence
  • CNN executive Rachel Smolkin named CEO of Oregon Public Broadcasting
  • UK Prime Minister Rishi Sunak was just fact-checked by his own government
  • NFL faces multi-billion dollar antitrust suit over its Sunday Ticket package
  • The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California.
  • Starbucks teams up with Grubhub on delivery
  • Interest rates are coming down in Europe. The Fed won’t follow yet
  • The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and “endless shrimp” promotion backfired against company revenue.
  • Red Lobster closings: These are the locations it wants to shut down
  • Why Friday’s jobs report could be one for the record books
  • It’s all fun and games now at these dead former Sears stores
  • Middle-class Americans are falling behind
  • The Wall Street Journal’s story about Biden’s mental acuity suffers from glaring problems
  • New York’s governor said congestion pricing would hurt the economy. Businesses disagree
  • India wants to be the next China. Half of its population holds the key
  • Columbia Law Review website is taken down after publishing an article criticizing Israel
  • Lululemon dominated the pricey athleisure market for years. Now it faces big competition
  • Walmart starts bonus program for hourly workers
  • Texas is coming for Wall Street with a new BlackRock-backed stock exchange
  • Nvidia surpasses Apple to become the second-largest public company in the US
  • Palestinian-American sues Meta, alleging speech discrimination on platform
  • British banknotes featuring King Charles III enter circulation

To see this image below in a larger size click the image and follow the prompts.

YahooFinanceLogo9ClosingStocksEquitiesBroaderMoneyMarketInvestmentIndicatorsGraphic6.7.2024MHProNews
In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror more so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. https://www.manufacturedhomepronews.com/in-the-business-world-the-rear-view-mirror-is-always-clearer-than-the-windshield-warren-buffett-mhville-leader-showcases-efforts-to-renew-american-dream-plus-sunday-weekly/

 

Headlines from right-of-center Newsmax – 6.7.2024

  • Biden Says He Would Not Pardon Son Hunter
  • In an interview that is set to air later Thursday, Biden told ABC News “World News Tonight” that he would respect the verdicts in either of the cases involving Hunter, one a federal gun crimes trial, currently underway, and the other tax evasion. [Full Story]
  • Remember D-Day — 80th Anniversary
  • Figure Who Worked in Shadows on D-Day Gets France’s Highest Honor
  • McCaul: US Must Back Allies, Like During WWII | video
  • Manchin: D-Day Shows Importance of Vigilance
  • Biden Promotes Solidarity With Ukraine at D-Day Ceremony
  • McConnell Warns Against Repeating 1930s Errors
  • Criticism Surges Over Biden’s D-Day Speech in Normandy
  • Pope: Fading Memory of WWII Raises Conflict Fears
  • Centenarian Remains Among Few to Recall D-Day
  • Read: Eisenhower’s D-Day Statement to the Troops
  • WWII Veterans Return to the Beaches of Normandy
  • Congressional Delegation Marks D-Day in Normandy | video
  • Israel at War
  • US Hostages’ Kin Plead: Don’t Forget Fellow Citizens
  • Israel Strikes Hamas Hiding at Gaza School
  • Israel: Hostage Talks to Be Conducted ‘Only Under Fire’
  • Pentagon: Gaza Pier Will Cost $90 Million Less Than Expected
  • Hamas Leader Demands Full End to Gaza War
  • Ex-Meta Engineer Sues for Firing Over Gaza Content
  • Dems Rage at Schumer, Jeffries Over Bibi Invite
  • Ex-Israel Defense Boss: Iran Wants ‘Holocaust’ in 2 Years
  • Newsmax TV
  • Brian Mast: Biden ‘Pretender-in-Chief’
  • Napolitano: ‘Mountain of Evidence’ Hunter Was Drug User | video
  • Wesley Clark: Ukraine, Like US on D-Day, Brave | video
  • Blaine Holt: Biden Normandy Speech ‘Missed Opportunity’ | video
  • Lankford: Biden’s Border Action Prompted by Polls | video
  • Jordan: Hunter Gun Case Distracts From Bigger Ones | video
  • RFK Jr.: Media Needs to Call Out Fauci on Perjuries | video
  • Matt Whitaker: Hunter Has ‘Home-Field Advantage’ | video
  • Newsfront
  • Bannon to Reporters: No Prison Built Will Ever Shut Me Up
  • Following an order by a federal judge to report to prison on July 1, Steven Bannon told reporters in Washington, D.C., on Thursday that “there is not a prison built or a jail built that will ever shut me up.”… [Full Story] | video
  • Related Stories
  • Bannon Ordered to Prison for Defying Jan. 6 Probe
  • McConnell: Punish Dems Over SCOTUS Recusal Demands
  • Senate Minority Leader Mitch McConnell, R-Ky., asserted that the [Full Story] | video
  • No Effect? Migrants Keep Coming to the US, Despite Biden’s New Rules
  • Freddy Sanchez and his family walked for days under a scorching sun, [Full Story]
  • Biden Says He Would Not Pardon Hunter
  • President Joe Biden said Thursday that he has ruled out using his [Full Story] | video
  • Related
  • Beau Biden Widow: ‘Stupid’ for Tossing Hunter’s Gun |video
  • Florida Mail-In Voting Limits Could Hurt Dems in November
  • Changes to mail-in voting practices in Florida could have an outsized [Full Story] | video
  • Related
  • ACLU Plans to Fight Trump’s Immigrant Raids, Mass Deportations
  • DNC Touts Trump as Convicted Felon in Ariz. Billboard
  • Centenarian Remains Among Few to Recall D-Day
  • The grueling 15-day journey zigzagging across the Atlantic from New [Full Story]
  • Related
  • Congressional Delegation to Commemorate D-Day in Normandy |video
  • Biden Lands in France for D-Day Anniversary Speech
  • Last WWII Vets Converge on Normandy for D-Day and Fallen Friends
  • Supreme Court May Limit Biden Tool for Abortion Access
  • The Supreme Court is set to issue a ruling on whether a state that [Full Story]
  • ICBM Tests Raise Doubts About Weapons System
  • The military reportedly test-fired two unarmed Minuteman III [Full Story]
  • Putin: Might Arm West Enemies to Punish Aiding Ukraine
  • The Kremlin said Thursday that Western nations which supply Ukraine [Full Story]
  • Related
  • Biden: Ukraine Can Use US Weapons Near Russian Border
  • Russian Warships Head to Caribbean in Show of Force Near US
  • Ukraine Hits Russian Oil Facilities as Zelenskyy Joins D-Day Events
  • Ukraine Uses US Weapons to Strike Inside Russia, Say Senator, Western Official
  • Ukraine Peace Summit Aims to Open Door to Talks With Russia
  • Report: Clooney Irked by White House Response to ICC
  • Actor George Clooney called a top aide to President Joe Biden to [Full Story]
  • Progressive Caucus Ditches Mondaire Jones
  • The Congressional Progressive Caucus PAC is rescinding its [Full Story]
  • Biden Says He’s Known ‘Dictator’ Putin for 40 Years
  • President Joe Biden on Thursday labeled Russian counterpart Vladimir [Full Story]
  • UPenn Bans Encampments in New Protest Guidelines
  • The University of Pennsylvania released new temporary guidelines for [Full Story]
  • FDA Has No Major Concerns With Lilly Alzheimer’s Drug
  • An FDA analysis of trial data for Eli Lilly’s experimental [Full Story]
  • Report: US College Dropouts Rose to 36.8M in 2022
  • The number of college dropouts age 18 to 64 climbed to 36.8 million [Full Story]
  • UNGA Elects 5 Nations to UN Security Council
  • The United Nations General Assembly on Thursday elected Denmark, [Full Story]
  • Comer Presses IRS on ESG Practices
  • House Oversight and Accountability Committee Chairman JamesComer, [Full Story]
  • GOP Debates Benefits for Victims of Radiation
  • Republican divisions over benefits for victims of nuclear weapons [Full Story]
  • Russia’s Population Decline ‘Pressing’ Problem
  • The collapse of the Soviet Union, the COVID-19 pandemic and now the [Full Story] | video
  • N.J. Governor Slammed for Public Records Overhaul
  • Worried about possible corruption, critics are hammering New Jersey [Full Story]
  • Adrift Ship Forces Closure of South Carolina Bridge
  • The U.S. Coast Guard was investigating how a large shipping vessel [Full Story]
  • Gilgo Beach Suspect Charged With 2 More Murders
  • The New York architect previously accused of killing four women and [Full Story]
  • Bannon Ordered to Prison for Defying Jan. 6 Probe
  • Steve Bannon, a former top adviser to Donald Trump, must report to [Full Story]
  • NY Times Poll: Trump’s Lead Narrows After Verdict
  • Former President Donald Trump’s polling numbers over President Joe [Full Story]
  • School Forced to Rescind Pledge of Allegiance Mandate
  • A public elementary school in Frederick County, Maryland, reversed [Full Story] | video
  • Emerson Poll: Trump’s Support Same After Verdict
  • A new Emerson College Polling survey shows that former President [Full Story]
  • World Leaders, Vets Honor D-Day’s 80th Anniversary
  • World leaders paid tribute to veterans and pledged to continue to [Full Story]
  • Trump Courts Young Voters, Takes It to Biden on TikTok
  • Donald Trump plans to post a stream of short-form videos on TikTok [Full Story]
  • Taiwan Invasion Drills Latest Step in Chinese Belligerence
  • The aggressive Chinese military expansion and accompanying rhetoric, [Full Story] | Platinum Article
  • Investor: ‘Hidden Rolling Recession’ Warrants Rate Cut
  • U.S. interest rates are likely to fall by a “surprisingly large” [Full Story]
  • US Opens Antitrust Inquiry of Microsoft, Nvidia, OpenAI
  • The Justice Department and the Federal Trade Commission have reached [Full Story]
  • More Newsfront
  • Finance
  • Amazon Union Moves to Affiliate With Teamsters
  • The Amazon Labor Union, a grassroots labor group that won a major victory at an Amazon warehouse two years ago, has agreed to affiliate with the Teamsters union, a move that is bound to inject new energy into the struggling organization…. [Full Story]
  • FDA Rescinds Marketing Ban on Juul Products
  • TJ Maxx Employees Wearing Body Cameras to Stop Shoplifters
  • Novo Nordisk Braces for Generic Challenge to Ozempic, Wegovy in China
  • Meta Faces Call in EU Not to Use Personal Data for AI Models
  • More Finance
  • Health
  • 8 Water Additives That Enhance Taste, Health Benefits
  • Americans don’t drink enough water and this can lead to health issues such as dehydration, high blood pressure and constipation. About 75% of Americans are chronically dehydrated, according to studies. This condition is especially common in older adults and is a frequent…… [Full Story]
  • FDA Rescinds Marketing Ban on Juul Products
  • Scientists Uncover Key to Inflammatory Bowel Disease
  • Study: GLP-1 Obesity Meds Are Safe Before Surgery
  • Novo Nordisk Braces for Generic Challenge to Ozempic, Wegovy in China

 

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, 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.

 

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