“Communities across the country are struggling to build enough housing to meet the demand, contributing to a shortfall of more than 1.5 million units nationwide.¹ As a result of the housing shortage, families pay more for housing and have less in savings.” So says a new April 2023 publication provided by HUD’s Office of Policy, Development and Research (PD&R). Above the footnotes of the actual research for HUD is the name of the apparent author of the document, Aaron Shroyer. The Arlington, VA based Manufactured Housing Institute (MHI) in an emailed ‘news update’ to manufactured home industry readers said of that HUD publication almost word-for-word the headline used by HUD in their recent press release on that federal agency topic. Per MHI: “HUD Takes Action To Highlight and Research Land Use, Zoning Reforms.” Per the U.S. Department of Housing and Urban Development (HUD): “HUD Takes Action to Highlight and Research Land Use and Zoning Reforms.” In this fact check, analysis, and expert commentary, MHProNews provides MHI’s full remarks on that issue and those from HUD in Part 1 and Part 2 of this report.

A close look at what follows will reveal items that MHI didn’t say in their comments about the HUD press release and the underlying HUD PD&R ‘research’ document. HUD is the federal agency that is the primary regulator for manufactured housing. HUD is also more broadly the federal agency that more broadly is tasked with ‘housing and urban development’ issues. So, it is significant that HUD dramatically understated the problem of the lack of affordable housing right from the start of their ‘research.’ HUD’s PD&R researchers claim the U.S. shortage of “more than 1.5 million units nationwide” (emphasis added), but according the MHI member Cavco Industries (CVCO), they said some weeks ago that the shortage of housing nationally is some 6 million units (or perhaps more).

Put differently, MHI – a national trade group by their own claims is supposed to support and protect manufactured housing industry professionals from “all segments” of the manufactured home industry – appears to provide no fact-checks or insightful analysis on apparent lapses in this HUD release or publication.

But not to worry, at least MHProNews will show herein what HUD said and didn’t say about manufactured housing, zoning, and placement concerns. Let’s note an area of agreement among all of these and other sources, namely, that the majority of researchers and advocates agree that the lack of affordable housing is a serious issue.

Several of those third-party news, nonprofit, agency, and other sources – beyond those in manufactured home advocacy – have said that manufactured housing could be the fastest and most cost-effective tool to solving that problem. More on that in Part 3 that follows is additional information with more MHProNews analysis and commentary.

Part 4 is our signature Daily Business News on MHProNews macro-market and manufactured housing connected stocks update. It includes a time saving and insight generating left-right headline news summary from left-leaning CNN and right-leaning Newsmax.  With that outline, readers are now ready to dive into what MHI recently said in Part 1.

Part 1.

Thanks to a source that provides these emails from MHI to MHProNews is the following.

 

HUD Takes Action To Highlight and Research Land Use, Zoning Reforms

The U.S. Department of Housing and Urban Development (HUD) released a new publication that summarizes the effects of restrictive land use policies on housing supply, location, and affordability, in addition to highlighting reforms that state and local governments can adopt to increase the supply of housing.

Note other sources with ties to MHI provide their “Federated States” emailed news and other information from MHI. MHProNews hereby acknowledges the obvious and editorially appreciates those who provide such information or other tips. Those sources allow this platform to provide the most accurate information possible which can then be used in related fact checks, expert commentary, and evidence-based analysis.

That disclosure noted for this article and other uses, consider the following.

• a) MHI does NOT routinely publish their own emailed news updates on their own website.
• b) That MHI apparent pattern is in stark contrast to the Manufactured Housing Association for Regulatory Reform (MHARR) which makes their emailed news routinely available and also gives conditioned approval for sharing them on other websites or publications.

As evidence of a), see the screen capture posted below.  There is no

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As evidence of b) above, see the screen capture posted below.

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

 

Zoning is a ‘post-production’ issue, not a ‘production’ topic from the vantagepoint of builders of HUD Code manufactured homes. So, one might think that MHI ought to be taking point on this zoning topic which they acknowledge limits manufactured homes sales (see that from MHI leaders, further below).

 

Part 2.

On 4.6.2023 HUD Provided the following press release.

HUD Takes Action to Highlight and Research Land Use and Zoning Reforms

WASHINGTON – Today, the U.S. Department of Housing and Urban Development (HUD) released a new publication that summarizes the effects of restrictive land use policies on housing supply, location and affordability in addition to highlighting reforms that state and local governments can adopt to increase the supply of housing.

This land use and zoning-focused brief is the inaugural issue of the Office of Policy Development and Research’s (PD&R) new Policy & Practice publication, which aims to share innovative solutions to help local policymakers and practitioners to address housing and community development challenges.

In addition to releasing this new brief on pro-housing land use and zoning reforms, HUD is also announcing an award of $350,000 to Cornell University’s National Zoning Atlas through PD&R’s Research Partnerships program. The goal of this grant is to close data gaps that limit our understanding of the relationship between zoning and segregation, affordability, and other outcomes of interest. Specifically, these research funds will enable researchers to study the impacts of zoning in the largest cities in the United States by contributing to the first-ever comprehensive geospatial repository of zoning conditions.

Past efforts by the National Zoning Atlas and its local partners have helped make the case for local and state regulatory reforms by illuminating how excessive regulation via restrictive zoning dampens housing production and exacerbates the housing shortage.

“Through the release of Policy & Practice and the research partnership with Cornell University, HUD is highlighting promising reforms that can create more housing abundance while also taking steps to improve data and understanding around the impacts of zoning,” said Solomon Greene, the Principal Deputy Assistant Secretary within HUD’s Office of Policy Development and Research. “PD&R looks forward to continuing to support researchers, community residents, practitioners and policymakers to work together to adopt evidence-based and data-driven state and local regulatory reforms aimed at unleashing the supply of housing.”

These actions complement other ongoing work at HUD and across the Biden-Harris Administration. The Administration’s Housing Supply Action Plan cited the role that land use and zoning laws play in reducing housing development and raising prices. As part of HUD’s administrative actions taken in conjunction with the Administration’s efforts, HUD is currently accepting requests for technical assistance to help local governments ensure housing needs are considered as part of their larger infrastructure investment plans, and identifying and implementing regulatory reforms is an eligible activity of that technical assistance. In addition, HUD received $85 million from Congress in the Fiscal Year 2023 budget to provide communities grants to identify and remove barriers to affordable housing production and preservation.

###

 

Part 3. Additional Information with More MHProNews Analysis and Commentary

HUD’s press release, per a word search using MS WORD, had zero results for the term “manufactured housing.” That same MS Word search tool yielded ZERO results for the term “manufactured home.”  Why didn’t MHI mention that in their emailed ‘news’ to the industry’s members? Do current MHI leaders recall the words of a previous MHI chair and current board member who said that a good case can be made for MHI to respond to every mistake in such reports and news?

Recall that MHI touted the Biden Administration Housing Plan because it used the term “manufactured housing” and the like in multiple reports. But as time has elapsed, with the benefit of hindsight, what measurable good has the mere mention of manufactured housing or manufactured home by Team Biden done for manufactured housing? Hold that thought, which is answered below.

What MHI has yet to hammer home on in any known document available to the public is this. The Biden White House Housing Plan, if the measurement metric is actual results, has failed. That is per the facts from both CNN and the National Association of Realtors (NAR), whose reporting on that issue are cited in the fact-check linked articles below. That disconnect between mere words and a lack of measurable action reveals several sobering facts. It also begs questions, such as: why hasn’t MHI called out the Biden Administration and/or HUD publicly for these apparent disconnects between words and actions that absolutely impact manufactured housing? See each linked report below, because the second one reveals that not only has there been no measurable good that has flowed to manufactured housing since Team Biden issued its talking points last year, the reality is that fewer manufactured homes are being sold. In the third linked report, according to the TMHA, the production levels for HUD Code manufactured homes are at the lowest levels in a decade. Gee, thanks, Joe, Marcia and HUD.

 

Additionally, this is a useful time to note what the MHARR White Paper said last July 2022.  Namely, when Washington, D.C. – perhaps in conjunction with MHI – advances some housing plan that claims to support manufactured housing, years of experience reveals that the measurable results are routinely lacking. More specifically, MHARR said the results don’t ‘reach the ground’ – it is hot air, sans positive, measurable results.

 

 

In the case of the Biden regime’s housing plan, generally left-leaning (and thus pro-Biden regime) USA Today reported last year that some younger adults are calling the actual housing market “a scam” – a rather direct hit on the difference between Biden White House promises and actual results.

 

But let’s see what else HUD has failed to do, and by extension, each factoid which MHI likewise failed to mention.

In the April 2023 – roughly 3100 word – HUD PD&R “research report,” there is no mention of Pamela Blumenthal’s and Regina Gray’s 9.7.2021 research that covers similar ground. That’s odd at best, because Blumenthal and Gray produced their research for HUD’s Office of PD&R. Their research demonstrated the embarrassing fact that for 50 years, public officials from both major parties have promised changes in providing more affordable housing without delivering on those promises. That finding by Blumenthal and Gray is arguably also poor reflection on HUD, so perhaps it is no surprise that HUD’s new research doesn’t mention that 50-years of promising without delivering fact. Fortunately, MHLivingNews covered Blumenthal and Gray’s interesting report and unpacked its findings.

 

Since the words “manufactured home” and “manufactured housing” aren’t mentioned, it goes without saying that neither is the “Manufactured Housing Improvement Act of 2000 (MHIA), much less it’s problem solve “enhanced preemption” provision. Not so long ago in a different emailed ‘news update,’ MHI touted HUD Secretary Marcia Fudge’s mention of manufactured housing, without telling their readers that Fudge denied the “enhanced preemption” solution that MHI claims it wants to see enforced.

 

 

It is also no surprise that a report that doesn’t mention manufactured housing also has no reference to Daniel R. Mandelker, J.D., the Stamper Professor of Law Emeritus at Washington University of Saint Louis.

Pro-Manufactured Home Law Prof. Daniel R. Mandelker Says ‘Organization Needed for Manufactured Housing Advocates Litigation and Legislative Support’ – plus MHVille’s Sunday Weekly Headlines Recap

The closest the HUD document comes to mentioning, in an oblique fashion, factory home building is a this single ADU statement: “Whether allowing accessory dwelling units (ADUs) or other small multiunit buildings, state and local reforms that eliminate or reduce the dominance of single-family zoning can create more affordable housing in more places, increasing access to neighborhoods and enabling more households to attain homeownership.” But someone would have to know that ADUs are often factory-built in order to recognize that factory home building, modular home building, ‘off site built’ housing construction are among the possibilities to make housing ‘more attainable.’

The HUD research study is not without merits. But given that MHI brought this to their readers attention, and this document has such problematic elements to it, one might think that MHI would HOWL instead of mildly by implication elevate this HUD PD&R ‘research.’

It is ironic, but important to note that this HUD research is in the various ways noted herein revealing.

• A) It is revealing that MHI, which has praised working with HUD failed to mention any of these problems.
• B) It is revealing that HUD, which is the primary regulatory of HUD Code manufactured homes would so badly fail manufactured housing or factory-home building more broadly.
• C) For decades HUD has mentioned their ‘research’ into matters such as Operation Breakthrough (see link below). But what this document does is apparently highlight what Blumenthal and Gray had to say about half a century of failure by federal officials and politicos in the Oval Office to advance the opportunities to enjoy HUD Code manufactured housing.
• D) This is paltering, posturing, and projecting in action.

MHARR said some 6 years ago in research that is still relevant that years of MHI’s failures to authentically advance implementation of laws that already exist that are favorable to manufactured housing still languish. The irony is that MHI and its allies has essentially admitted as much, only they have done so obliquely.

 

 

Texas retailer Gary Adamek made the following remarks years ago, during the time that Dodd-Frank and the “Preserving Access to Manufactured Housing Act” was a hot topic for MHI. “Preserving Access” was never enacted, despite years of efforts and millions of dollars reportedly spent.

 

MHI award winner Marty Lavin, J.D., publicly comments on occasion to point to certain patterns that often go unstated.  For instance, Lavin said that ‘you get more of what you encourage, and less of what you discourage.’ That certainly applies in this scenario.

A combination of factors keeps MHI in a seemingly favorable light. MHI has lost its moral authority. Can it be regained by a serious pivot on these issues? Americans tend to be forgiving when leaders come clean. Time will tell if it will be more exposés, more document drops, probes by attorneys and/or public officials that lead to actual reform that lies ahead. But so long as MHI and HUD continue to fail the U.S.A. and our industry on these issues, count on MHProNews to continue to spotlight the kind of problems mentioned and linked herein.

 

MHI has been described as having a remarkable ability to snatch defeat from the jaws of victory. Anyone that thinks that MHI is merely inept fails to take note of the education and experience of their corporate and staff leaders. They are NOT stupid people. Which is precisely why the question must be asked. How is it that MHI repeatedly fumbles on the key issues that they say are critical for the industry?  See the related reports to learn more.

HUD’s document is available here as a download. The evidence for the various MS Word searches mentioned above is linked here.

 

Summary, Takeaways, and Conclusion

HUD said in part above that: “HUD is highlighting promising reforms.” Note that NONE of those “reforms” seem to mention manufactured housing or manufactured homes. That’s a problematic statement in light of the fact that manufactured housing’s primary federal regulator is HUD.  Why has MHI not made these points themselves? What side are MHI’s leaders on?

It is not that MHI, or their dominating brands, always say or do things that are wrong. If they were always wrong, it would be easier to dismiss or address their antics. Rather, what their pattern seems to be is that they palter and posture – saying and/or doing – what may superficially look like something intelligent. It isn’t until someone pushes beyond the superficial, carefully examining the evidence and patterns, that the sobering realities begins to emerge.

Ironically, it is MHI’s prominent member Cavco Industries that has made the point that the lack of sufficient affordable housing near where it is need is costing the U.S. economy about $2 trillion dollars annually in lost Gross Domestic Product (GDP).  Over the course of 10 years, that’s $20 trillion dollars in lost productivity.

 

A Word search of the HUD research document apparently authored by Aaron Shroyer doesn’t even mention GDP, much less the $2 trillion in lost GDP that researchers. That’s interesting, because they did mention the source the research work by Chang-Tai Hsieh and Enrico Moretti in 2019. “Housing Constraints and Spatial Misallocation” – which MHProNews has previously reported and that makes that multiple trillions of lost GDP a good reason to effect zoning change.

 

MHI makes statements in emails that they often do not subsequently post publicly on their own website, as the evidence shown above reflects. MHI has a reason why they don’t make their emailed news updates directly available to MHProNews. They appear to have a hard time keeping their facts and stories straight. One might deduce that they don’t want MHProNews/MHLivingNews to do the kind of fact checks – like this one – which examines relevant facts and asks the relevant questions.

Put differently, MHI – which is supposed to be advocating for “all segments” of the industry appears to be okay with the status quo. Why? Because the status quo fosters consolidation.  It apparently favors the largest brands that are routinely those represented on the MHI board of directors. See the linked and related reports to learn more.

 

Manufactured Housing Institute (MHI) Claims Contradicted by Cavco Industries IR Statements, ‘Shortage of Affordable Housing Costs Economy $2Trillion Annually;’ plus MHVille Markets Update

Longtime MH Retail Sales Manager Asks Manufactured Home Leaders – Why are Manufactured Housing Production Levels Today About Half of 1980s When Interest Rates Hit 20.5% APR on ARM Loans?

‘Irreparable Harm,’ ‘Public Interest,’ ‘Legal Defects,’ ‘DOE Seeks to Avoid Judicial Review’ Cited by MHI-TMHA Attorneys v Dept of Energy – Pleadings and Developments; plus MHVille Stocks Update

Oh, MAMA – Epic! 4.1.2023 MHVille Notice – New Assoc Touts Trillion $ Manufactured Home Growth Plan-Boost Sale$, Pay, Include Legal Team for Suits vs Specific Agencies, Industry Trade Groups, Corp$

Anar Pitre-CEO Lotus Capital Partners-Vexing Manufactured Housing Institute Claims in Fact Check of Forbes ‘What Manufactured Home Communities Investors Need to Know’ – Inaccurate MHI Data Shown

‘The Rules Are Simple. They Lie to Us, They Know We Know They Are Lying;’ MHVillage/MHInsider Darren Krolewski Unveils Sobering Claim – ‘How to Waste Good Money on Marketing’ – plus MHVille Stock$

Part 4 Daily Business News on MHProNews Markets Segment

The modifications of our prior Daily Business News on MHProNews format of the recap of yesterday evening’s market report are provided below. It still includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.

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

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

 

 

Headlines from left-of-center CNN Business – from the evening of 4.17.2023 

• GOP debt limit plan
• US House Speaker Kevin McCarthy is greeted by John Tuttle, Vice Chairman, NYSE as he arrives on Wall Street to deliver a speech on the economy at the New York Stock Exchange (NYSE) in New York on April 17, 2023.
• Speaker McCarthy lays out how House Republicans would raise the ceiling during a visit to Wall Street
• Writers strike looms after members vote to shut down film and TV production
• Apple offers 4.15% high-yield savings to its Apple Card holders
• Elon Musk warns AI could cause ‘civilization destruction’ even as he invests in it
• Air France and Airbus acquitted in trial over 2009 plane crash
• One in four brides wear David’s Bridal to their wedding. Now, it’s filing for bankruptcy
• Here are the EV models eligible for new tax credits up to $7,500
• McDonald’s is upgrading its burgers
• Here are the 20 specific Fox broadcasts and tweets Dominion says were defamatory
• Google-parent stock drops on fears it could lose search market share to AI-powered rivals
• Fox News defamation trial will begin Tuesday, judge says, without explaining one-day delay
• Shaq is finally served in FTX investor suit after months of hiding, lawyers say
• Russia’s oil exports are back to pre-war levels
• JPMorgan steals the show as banks lift curtain on earnings
• Social media protest erupts over ‘unfair’ bonus cuts at Tesla’s Shanghai factory
• Sonic the Hedgehog, meet Angry Birds. Sega is buying Rovio
• China resorts to unusual measures to restore confidence among entrepreneurs. But it’s not working
• ‘Love is Blind’ live reunion delayed as Netflix pleads for patience
• Fox News-Dominion trial abruptly delayed on eve of opening statements
• What to know about the Fox News and Dominion trial
• Walmart’s US chief merchandising officer stepping down as retailer warns of tough year
• How to protect your portfolio, according to 3 investors

 

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

Headlines from right-of-center Newsmax 4.17.2023

• Gaetz Presses Biden to Reveal US Troops in Ukraine
• “The Biden administration and other allied countries have been misleading the world on the state of the Ukraine war,” Gaetz told the outlet, noting that Biden has claimed no U.S. troops were in the country. Leaked Pentagon documents have suggested at least 29 Defense Department personnel were in-country as recently as last month. [Full Story]
• Trump’s Legal Issues
• Kiley: On Bragg Hearings, Dems Misread Public Mood
• Jordan to Judge: Let Probe of Trump Case Proceed
• Judge Rejects Trump’s Request to Delay Defamation Trial
• Giuliani : DAs in ‘Soros-Purchased Cities’ Killing People | video
• Biggs: Bragg Has ‘No Authority’ to Charge Trump
• Roger Stone: Dems Miscalculate in Pursuit of Trump | video
• Trump: Biden ‘Guilty of Obstruction,’ Not Me
• Ex-Trump Lawyer Sues Jan. 6 Panel for $67M
• More Trump’s Legal Issues
• Newsmax TV
• Van Drew: People Crave Safety
• Alex Acosta: McCarthy Seeks Debt-Ceiling Compromise | video
• AG: State TikTok Ban First of Its Kind
• Fry: NYC Crime Result of Playing ‘Games’ | video
• Blaine Holt: DOJ Shouldn’t Be Involved in Teixeira Case | video
• Fitzgerald: Dems Turned Field Hearing Into Circus | video
• Gordon Chang: China Wants ‘an Accident’ to Lead to War | video
• Tenney: EPA’s EV Push a ‘Hand-Off to China’ | video
• More Newsmax TV
• Newsfront
• Ohio Cops Not Indicted in Shooting of Unarmed Black Man
• An Ohio grand jury voted against indicting police officers in the shooting death of an unarmed Black man in Akron last year, the state attorney general said on Monday, as the city prepared for a fresh round of protests against alleged police misconduct.Eight Akron police…… [Full Story]
• Related Stories
• Chauvin Murder Conviction Upheld in George Floyd Killing
• DeSantis: Maybe a Prison Next to Disney World?
• Florida Gov. Ron DeSantis on Monday floated the idea of building a [Full Story]
• Related
• DeSantis Strikes Back in Disney Self-Governance Battle |
• Supreme Court to Deliver Answer in Religious Mailman’s Case
• Gerald Groff liked his work as a postal employee in Pennsylvania’s [Full Story]
• Taliban Killing Afghan Civilians, Blaming ISIS-K Fight
• The Taliban reportedly has carried out false-flag terror attacks [Full Story] | Platinum Article
• Wall St Edges Up as Investors Await Earnings, Fed Cues
• Major U.S. stock indexes ended with slim gains on Monday, helped by [Full Story]
• Ukraine Seeks Reopening of Grain Transit via Poland
• Kyiv aims to re-open food and grain transit via Poland as “a first [Full Story]
• Related
• Yellen: Sanctions May Risk Dollar’s Dominance
• Slovakia Gives Ukraine Remaining 9 of 13 Promised Warplanes
• Putin Meets Chinese Defense Minister, Hails Military Cooperation
• Unprecedented Bloodshed in Bakhmut, Ukraine Says
• Poland, Hungary Ban Grain and Food Imports From Ukraine
• Ukraine Brings Home 130 Military in Easter Prisoner Exchange
• Gaetz Pushes Biden to Reveal US Troops in Ukraine
• ‘Frustrating’ That Supreme Court Leaker Still at Large
• Nearly a year since a chilling breach threatened to upend the [Full Story] | Platinum Article
• Feds Arrest 2, Charge Dozens for Aiding Beijing
• Two men have been arrested on charges that they helped establish a [Full Story]
• WH, Dems Fire Back at McCarthy’s Wall Street Speech
• House Speaker Kevin McCarthy, R-Calif., delivered a rebuke of [Full Story] | video
• Schumer’s Feinstein Plan Met With GOP Opposition
• Senate Majority Leader Chuck Schumer, D-N.Y., said Monday he will [Full Story]
• Poll: 61 Percent Say Economy Worsened in Last Year
• Concerns about the U.S. economy remain high, but voters now rate [Full Story]
• IRS Answered 2.4M More Calls Due to New Funding
• The U.S. Internal Revenue Service provided live assistance to 87% of [Full Story]
• Google CEO Warns AI Will Disrupt Many Jobs
• “We need to adapt as a society” for the disruptions that artificial [Full Story]
• Cotton: Don’t Help Dems Replace Feinstein
• Tom Cotton, R-Ark., told his Republican colleagues not to assist [Full Story]
• French Leader Aims to Calm Pension Storm
• French opponents to an unpopular new law raising the retirement age [Full Story]
• Florida: Amazon Hates when You Do This, but They Can’t Stop You
• Online Shopping Tools
• FTX Celeb Promoters Want Investor Suit Dismissed
• Celebrities who promoted FTX, including NFL quarterback Tom Brady and [Full Story]
• Yellen Says Sanctions May Risk Dollar’s Dominance
• Economic sanctions imposed on Russia and other countries by the [Full Story]
• Car Chargers Safe With Implanted Heart Devices
• Cars are going electric at record speed, but are the high-powered [Full Story]
• Depositors Leave Regional Banks for Higher Rates
• Three major U.S. regional banks saw deposits fall in the first [Full Story]
• Chauvin Murder Conviction Upheld in George Floyd Killing
• The Minnesota Court of Appeals on Monday upheld former Minneapolis [Full Story]
• Implantable Device May Shrink Pancreatic Tumors
• New research in mice shows promise for a potential therapy for [Full Story]
• Report: Few Russian Fake Social Media Accounts Found
• The Russian government’s propaganda machine has developed a level of [Full Story]
• Pentagon Troubled by Offshore Wind Projects
• Pentagon Troubled by Offshore Wind Projects
• The Pentagon reportedly is concerned about plans by the Biden [Full Story]
• Trump’s House GOP Allies Take Fight to Manhattan DA’s Turf
• Republicans upset with former President Donald Trump’s indictment are [Full Story]
• Longtime New Yorker Cartoonist Edward Koren Dies
• Edward Koren, a longtime cartoonist for The New Yorker magazine, [Full Story]
• SpaceX Cancels 1st Launch of Giant New Rocket
• Elon Musk’s SpaceX called off the highly anticipated debut launch of [Full Story]
• Judge Rejects Trump Request to Delay Defamation Trial
• A U.S. judge on Monday rejected former President Donald Trump’s [Full Story]
• US Ambassador Visits Reporter in Moscow Prison
• S. Ambassador to Russia Lynne Tracy said on Monday she made a first [Full Story]
• Trump Lands 2024 Endorsement From Sen. Blackburn
• Marsha Blackburn, R-Tenn., on Monday endorsed Donald Trump for [Full Story]
• Top Kremlin Critic Convicted of Treason
• A Russian court convicted a top opposition activist of treason on [Full Story]
• MRNA Vaccine Plus Keytruda Delays Skin Cancer Return
• An experimental mRNA cancer vaccine developed by Moderna Inc and [Full Story]
• More Newsfront
• Finance
• Yellen Says Sanctions May Risk Dollar’s Dominance
• Economic sanctions imposed on Russia and other countries by the United States put the dollar’s dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said Sunday…. [Full Story]
• Alphabet Shares Fall on Samsung-Bing Report
• UPDATE 1-EY US to Slash Headcount Days after Nixing Split
• AG Knudsen: State TikTok Ban First of Its Kind
• The 17 EVs Eligible for Tax Credits
• More Finance
• Health
• Optimism About Aging Can Reverse Cognitive Decline
• Optimism About Aging Can Reverse Cognitive Decline
• Researchers from the Yale School of Public Health found that a positive attitude about aging and growing old may help older adults regain certain cognitive skills. According to Study Finds, older individuals with mild cognitive impairment (MCI) who had an optimistic outlook…… [Full Story]
• FDA Approves Infection Therapy for Stem Cell Patients
• Kathy Griffin Says She Has Complex PTSD: What Is it?
• Experimental Blood Test Detects 12 Cancers
• Experimental Antibiotic Found Effective Against UTIs

Notice: the graphic below can be expanded to a larger size.

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

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 below.

‘Stomach Churning Year’ CNN-Wall Street ‘Forget 2022’ Down Year – Major Equities Data Compared to Manufactured Housing Stocks, Manufactured Home Community REITs, Performance for Year by Company

 

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

Updated

• • • NOTE 1: The 3rd 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.

 

Sun Communities – ‘Development in Our DNA,’ ESG Stance, Q4 2022 Year End Results Earnings Call & PR – Facts, Insights Beyond PR and Official SUI Statements; plus MHVille REITs, Stocks Update

‘Undervalued’ Cavco Industries Touts Q Result$ ‘Dire Need for Housing’ ‘January Traffic Up’- Rev Up 16%-Sales, Earnings, Mgmt Call Data–Analysis Beyond CVCO Statements; plus MHVille Stocks Update

‘Killing’s as Easy as Breathing’ ‘Bad Guys Know More Games’ Warren Buffett Annual Berkshire Hathaway Letter, Clayton Homes, 21st, VMF-Manufactured Home Loans-Compelling MHVille Expert Views

Nobility Homes, Inc. Sales and Earnings for its Fiscal Year 2022 Report, Result$ Best Inflation – Net After Taxes Up 34%, More Fact$; DeSantis ESG and NOBH; plus MHVille Stocks, Market Updates

‘Manufactured Housing in the News,’ Unpacking UMH CEO Sam Landy Op-Ed’ It’s Time for Bi-Partisanship on Affordable Manufactured Housing Homeownership’ in HousingWire; plus MHMarkets Updates

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

‘Changes Will Benefit Customers,’ Boost Sales-Legacy Homes CEO Duncan Bates – LEGH ‘Delivered 22.5% Return on Equity in 1 Yr’ – Corp Q3 2022 Insights, Analysis; plus MHVille REITs, Stocks Update  

CEO Mark Yost, Skyline Champion Insiders SELL Million$ Value SKY Stock, Home Sales Drop-4th Q 2022 (3QFiscal2023), Official Result$-Facts, Analysis, Info Beyond PR; plus MHVille Stocks Update

Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

BlackRock Document Exposes Central Banks like Federal Reserve on Recession; Manufactured Home Producer Cavco Industries 2022 Year End Results (CVCOQ3.23) Facts+Analysis; plus MHVille Stocks Update

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

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.

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

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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, further below. 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 and honors and also recognition 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. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

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