With perceptions of factory-built home dwellers still stigmatized in British Columbia, Canada, especially on a popular TV comedy show called “Trailer Park Boys,” which depicts low-rent lifestyles, British Columbia’s biggest pension fund, the BC Investment Management Corporation (BCIMC), hopes to change that perception. BCIMC acquired Parkbridge Lifestyle Communities, Inc. in 2010, according to biv.com, and is replacing homes in three of its older communities with new modular homes, trying to lure families and retirees into these $80,000 homes in a real estate market where condos average $341,000. Built by Moduline Industries or Windfield Home Systems, Lachlan MacLean, director of B.C. operations for Parkbridge, says, “These homes are built to the same code and the interiors are equal to newly built houses in any subdivision.” He tells MHProNews.com the difference is that the modular homes with three-bedrooms and two baths sell for one-tenth of the price of a conventional ranch house. ##
(Image credit: Parkbridge Lifestyle Communities, Inc.)