Parade of Facts, Acclaim, Fast Forward, Flashback Celebration of Manufactured Housing Industry Milestone; plus MHVille REITs, Stocks, Markets, and ‘Mobile Home Park Investing’ Updates
It’s a Wacky Wednesday flashback and fast forward report and analysis about the amazing rise of manufactured housing toward and beyond the 500,000 new HUD Code manufactured homes produced annually mark. An array of corporate and trade group comments are collected herein. They reflect on their sincere respective desires for the future of modern manufactured housing. Because during an affordable housing crisis there is much to ponder about the amazing rise, steady fall, and so-called ‘recovery’ of this profession which reportedly lost hundreds of thousands of employed persons, not to mention the thousands upon thousands of businesses close, consolidated, bull dozed, or were otherwise lost.
“Facts are stubborn things,” said Mark Weiss, J.D. Weiss credits the remarks to his law school professor. But GoodReads and a range of other sources say the remark dates back to President John Adams. “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” Some people love facts, evidence, and applied common sense. But for others, that troika are thorny things to navigate. Thus the ‘need’ for those engaged in “deception and misdirection” – a term deployed by the Capital Research Center (CRC) – to keep their would-be and actual victims in line via paltering, posturing, preening and that which the morally compromised are doing themselves that they may try to project onto others. Four P’s (4 Ps). Slick tricks, right? The scientific formula for that method might be D+Mx4P = obscuring reality while the array of marks are fleeced of their rights and property.
No wonder periodically facts should be blended with editorial satire to make points more, well, pointed.
In a message from RV MH Hall of Fame (HoF) inductee Danny Ghorbani to MHProNews is the item below. Ghorbani earned that acclaim from the (HoF) before the apparent submission of the organization into the hands of key Monopolistic Housing Institute (MHI, a.k.a. Manufactured Housing Institute, Manipulative Housing Institute, and Machiavellian Housing Institute, etc.) corporate and MHI aligned association players.
Ghorbani served for years as a successful MHI VP and was a key figure the development of over 200,000 new (then) mobile home sites. Additionally, Ghorbani played a pivotal role in the once far greater Louisville Manufactured Housing Show, back in the days when that was an international event which attracted mainstream media. What happened to that era when the mobile home industry literally reached for the sky? What happened to the tremendous potential that appeared to be on the horizon for what became the manufactured housing industry once the first HUD Code manufactured homes rolled off factory production center lines from coast to coast after June 15, 1976? That’s a routine topic explored on MHProNews and/or MHLivingNews, but alas, almost nowhere else in print, digital or other media.
Oh, those stubborn facts!
Here was Ghorbani’s message.
HAPPY 13th ANNIVERSARY
Dear Tony, Soheyla & Tamas,
CONGRATULATIONS and Happy Anniversary on 13 successful years of business.
For thirteen years, you have done a great service for your readers in an industry that strives to know the facts and accurate information on critical matters that affect their businesses and, in some cases, their livelihood. I hope that you will continue with this noble endeavor for the good of our industry and consumers who depend on it, going forward.
With best wishes for many, many more successful years,
Danny …”
Co-founders L. A. “Tony” Kovach, Soheyla Kovach, and their son Tamas Kovach are the heart of what today is called MHProNews. In a follow up requesting his blessing to use the statement above, Ghorbani replied as follows.
“Tony,
Thanks for your below email about my Congrats note to you…and please feel free to share it if you want to.
Thanks again,
Danny …”
Here are some other comments from over the years. These are a sampling and are not a total or definitive collection. Ironically, they include praise from three of this publication’s competitors. BTW, word has it that if you combined the readership and traffic counts of their trade media together, they would still not be but a fraction of the size of the readership and pageviews of MHProNews. Wow…
Ponder this list of praise for our publications, which may shed light on why the powers that be in MHVille don’t unleash their attorneys on us. Pesky facts, evidence, and logic are problematic for those who want to think that ‘fool me once, fool me twice, fool me three times’ can be successfully deployed forever. We’ll check out what Honest Abe and Samuel Clemens had to say about that notion.
When those who decimated and/or stood by and watched as the hollowing out of the manufactured housing industry occurred, apparently to a significant degree from within, Louisville Manufactured Housing Show was cancelled. It was Kovach and company in what is now known as MHProNews which led the charge to bring the show back. Who says? Association executives who were part of the parent organization responsible for the Louisville Show, Bob Thieman and Tim Williams. Oh, those stubborn facts!
Williams from Ohio isn’t the only MHVille Tim Williams who has publicly praised MHProNews and our MHLivingNews sister site. Wow! Look at this one!
Kurt Kelley is quite the gent, as those who know him realize. Kelley has this to say about this publication.
Indeed, Kelley has contributed to MHProNews numerous times over the years and has commented on political topics too. He published an article by a Berkshire Hathaway unit manager Joanne Stevens, which without mentioning MHI, was clearly slamming them for what her article in MHR saw as a failure of industry preparation for obvious attacks on the industry. To his credit, Kelley periodically publishes a MHARR article, unlike their counterpart, MHInsider.
Speaking of Kelley, here is a point he made which was shared with MHProNews. It is worth pondering before, during, and after election seasons.
Two corporate leaders who praised MHProNews are the following.
These are previously provided comments, but sources tell us that they are still accurate. Darren Krolewski is the shepherd for MHI connected MHInsider. Get it? MHInsider, MHI? That said, even a stopped clock can be correct twice a day.
MHProNews nudged an MHI corporate leader, 21st Mortgage’s Tim Williams to get then MHI president and CEO, Richard “Dick” Jennison to publicly admit that the industry could be doing 500,000 new HUD Code manufactured homes annually.
At that same event, Jennison took a few moments to praise MHProNews.
Not to be outdone, the would-be gatekeeper for independent manufactured home communities who loves to push his readers into the waiting arms of routinely MHI linked consolidators was this kind statement of support for his giant rival, MHProNews.
To those who don’t have a keen memory, this set of statements and admissions for Allen buttress a similar refrain on MHProNews and MHLivingNews.
In George Orwell’s classic dystopian novel, 1984 (Nineteen Eighty-Four) one of the features was ‘the memory hole’ where items from the past that represented inconvenient facts and truths were disposed of, never to be officially mentioned again. These remarks by Allen are part of the MHI memory hole, which reportedly ‘rewarded’ Allen for re-embracing the MHI party line. Wow. Can you see why we lovingly call the manufactured housing indutry “MHVille” in some headlines and articles?
Is it any wonder why the late MHI board member and Equity LifeStyle Properties corporate leader, Howard Walker, J.D. praised MHProNews? Or why the Monopolistic Housing Institute, oops, the Machiavellians Housing Institute, err, the Manipulative Housing Institute has not unleashed their attorneys on us instead of on those who are blocking the industry’s grown from within?
To be accurate, it took MHProNews some time to finally have that ‘aha!’ moment about what’s going on in MHVille. But that is where Honest Abe comes in.
By carefully tracking the various statements and claims, past or present, by Warren Buffett, Kevin Clayton, Clayton Homes, MHI, et al, MHProNews is able to demonstrate the apparent disconnects between their prior claims and their later deeds.
For those who know authentic vs. weaponized American history, there is indeed a series of attempts to ‘fool’ the people on a range of issues. That being so, is it any surprise that similarly bold efforts to ‘fool’ most professionals and the broader public about manufactured housing’s realities also exists?
But near the apex of irony is that those accused of being behind this ‘sabotage monopoly’ tactics include, wait for it, Kevin Clayton with Warren Buffett led Berkshire Hathaway owned Clayton Homes!
It is Kevin who spelled out in truth in testimony certified remarks to Congress what is likely a low estimate for the number of retailers lost, not to mention the closings of plants and lost jobs.
Once someone wises up to the con game in MHVille, the evidence for what third-party researchers Samuel “Sam” Strommen with Knudson Law, or what James A. “Jim” Schmitz Jr. with the Minneapolis Federal Reserve has dubbed ‘Sabotaging Monopoly’ tactics springs to life.
You simply can’t make this stuff up. Which is why facts matter. Evidence matters. or as Mark Weiss, following the lead of founding father John Adams said this.
PS: For some of those pesky facts – past and recent – check out the reports linked herein. You just can’t make this stuff up. Thank God for facts, evidence, and some occasional satire…
https://www.manufacturedhomepronews.com/ghorbani-nails-zoning-answers-to-how-and-who/ https://www.manufacturedhomepronews.com/masthead/shell-game-affordable-manufactured-home-threats-on-steriods-exclusive-probe-into-manufactured-housing-industrys-twin-crises-a-one-on-one-interview-with-mharr/ Terry’s comment begs the question. Why is it that MHI, Berkshire Hathaway or other giants are failing to properly promote manufactured housing? Ironically, Skyline Champion’s own investor pitch-deck provides ample evidence for manufactured housing industry underperformance. That same pitch-deck further provides evidence that Mergers and Acquisitions are a key part of their business model. What is there in such revelations that Birch and Williams miss? Bear in mind, that they are mere stand-ins who voluntarily raised their hands in defense of Berkshire and MHI firms like Skyline Champion. Notice: Several of the illustrations shown in this report can be opened in many browsers to reveal a larger size. To open this picture, click the image once. When the window opens, click it again to reveal the larger size photo. Use your browsers back key to return to the article.One of the images provided in the EIN media release, linked here. For those who use the content without changes and including backlinks, this content can be used at no cost. Note 2: Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. For example. Click the image and you may see an option to open the image in a new window. Click that option. Then, in the new window click the image to expand it to a larger or full size. To return to this page, use your back key, escape or follow the prompts.
NOTICE: Based on feedback, a modification of our Daily Business News on MHProNews recap of yesterday evening’s market report is provided. It will still include our 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.
Reminder: several of the graphics on MHProNews can be opened into a larger size. 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 escape or back key to return.
Headlines fromleft-of-center CNN Business – from the evening of 10.18.2022
Not buying in
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Dow closed up 340 points, extending rally for the second day
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SOCIAL MEDIA
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“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 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. or 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.
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Vehicles at a Tesla dealership in Rocklin, California, U.S., on Friday, Jan. 21, 2022. Tesla Inc. is scheduled to release earnings figures on January 26.
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WHAT TO WATCH
Watch the first electric Rolls-Royce illuminate its doors and ceiling
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Newsmax TV
In instances such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. 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.
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NOTE 1: The 3rd chart above includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry 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 equities named above follow.
2022 …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.
Disclosure. MHProNews holds no positions in the stocks in this report.
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All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken.
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.
