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

RealityPerceptionInAnInsaneWorldSaneManMustAppearInsaneManufacturedHousingProductionRoseYoYin4.2024YetRevealWoesInAffordableHousingCrisisFactsAnalysisPlusMHMarketsMHProNews

John Pavlovitz wrote in the Milwaukee Independent that: “in an insane world, a sane man must appear insane.” The statement is actually based on what Kurt Vonnegut Jr. wrote, “a sane person to an insane society must appear insane” in Welcome to the Monkey House.” With that pithy insight in mind, it may seem insane that manufactured housing production, while ‘rising’ in April 2024 per data cited by the Manufactured Housing Association for Regulatory Reform (MHARR) is nevertheless down in 3 top ten states and is also down from production in the most recent relatively ‘best’ year for the industry 2022. When good laws are going unenforced, it would seem sane for the Manufactured Housing Institute (MHI) to sue to get them enforced. But no, that isn’t happening. While vacancies are low in manufactured home communities in many parts of the U.S., one might think that a promotion push could fill what vacancies remain. That’s part of the apparent notion behind hits at MHI’s ‘leadership by SECO-linked David Roden and blogger George Allen. What? Expect sanity from MHI? In an insane world, the sane must appear to be insane. More on that in Part II. In Part I is the MHARR-provided report on April 2024 data.

 

Part I Manufactured Housing Production Rises in April 2024 – More Association and Trade News Affordable Housing Facts and Views

MHProNews Notice: the highlighting of three state results below and the light blue background are added by MHProNews. 

 

FOR IMMEDIATE RELEASE                                                                    Contact: MHARR

                                                                                                                  (202) 783-4087

MANUFACTURED HOUSING PRODUCTION RISES IN APRIL 2024

Washington, D.C., June 3, 2024 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production increased again in April 2024. Just-released statistics indicate that HUD Code manufacturers produced 8,971 new homes in April 2024, a 34.37% increase over the 6,676 new HUD Code homes produced in April 2023. Cumulative production for 2024 now totals 33,248 homes, a 19.3% increase over the 27,850 HUD Code homes produced over the same period in 2023.

A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current reporting year (2024) and prior year (2023) shipments per category as indicated — are:

 

ManufacturedHousingProductionApril2024-ManufacturedHousingAssocForReglatoryReformLogo-MHProNews

 

The April 2024 statistics move Tennessee into eighth place on the cumulative top-ten shipment state list, while Michigan falls to ninth place.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.- based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.

— 30 –

 

Part II – Additional Information with More MHProNews Analysis and Commentary 

In no particular order of importance are the following observations.

1) The highlighting added by MHProNews in graphic above for the states of Florida, Michigan and California are there to draw attention to the fact that those three states are lagging production in 2024 vs. 2023. So, even though nationally manufactured housing is rising again, in those states it continues to lag the down year of 2023.

2) Here is the math year to date. At the current pace for the first 4 months 2024, x 3 (to get 12 months or a year) looks like this. 33,248 x 3 = 99,744. So, if this pace continues – which is not a given – it would yield a lower total than either 2021 or 2022.

 

The first four months of 2024 yielded 33,248 new HUD Code homes produced. So, to project that out for the year (4 x 3 = 12) would be about 99,744 new homes. That is less than 2021 or 2022. What happened to William “Bill” Boor, current MHI chairman and Cavco Industries CEO’s claim that manufactured housing had an opportunity to catch up with conventional housing due to the affordable housing crisis?
WilliamCBoorPicPresCEOCavcoIndustriesLogoQuoteButWeveGotGreatOpportunityasManufacturedHomeIndustryCatchUpWithBuildingQ2021mhpronewslogo
Bill Boor is correct in saying that the industry has an opportunity to ‘catch up’ – or even pass – conventional housing builders. But that opportunity existed 2 decades ago too. That means, that until the root issues are addressed, authentic progress will not be obtained. That noted, by addressing the root issues robust growth can occur. https://www.manufacturedhomepronews.com/seeking-alpha-cavco-industries-nasdaqcvco-data-sheds-light-on-recent-manufactured-housing-institute-controversies-plus-manufactured-home-investing-stock-updates/

 

3) Or recall that MHI’s then-president and CEO, Chris Stinebert, saying in a Wall Street interview that the industry was poised for a turnaround after 2004? That year the industry produced 130,748 homes. The next year, due in part to orders from FEMA over Hurricane Katrina, the industry produced 146,881.  Manufactured housing has never seen those totals since. That’s despite favorable laws enacted by Congress that aimed to overcome barriers to more affordable manufactured homes. What follows is based upon official data gathered on behalf of HUD. Understanding how that happened is obviously necessary in order for the industry to recover.  The future can’t be won until the past is properly understood.  The current problems can’t be corrected until people of good will who want to fix what’s wrong understand how it went wrong in the first place.

Table

YEAR

New Manufactured Home PRODUCTION
1995 344,930
1996 363,345
1997 353,686
1998 373,143
1999 348,075
2000 250,366
2001 193,120
2002 165,489
2003 130,815
2004 130,748
2005 146,881
2006 117,373
2007 95,752
2008 81,457
2009 49,683
2010 50,056
2011 51,618
2012 54,881
2013 60,228
2014 64,334
2015 70,544
2016 81,136
2017 92,902
2018 96,555
2019 94,615
2020 94,390
2021 105,772
2022 112,882
2023 89,169

 

4) Those in the MHI amen corner rarely if ever point to such data.  Left-leaning Bing’s AI powered Copilot is apparently willing to reveal just how illogical and problematic the industry’s (i.e.: MHI’s) behavior is. Consider these remarks by Copilot.

 

BingCopilotAI-Screen1.3.2024MHLivingNewsThe HUD Code manufactured housing industry has experienced fluctuations in production over the years. Let’s delve into the causes of its rise and fall during the 21st century:

  1. Post-Production Sector Failures:
  2. Supply Shortage Factors:
  3. Regulatory Updates:

In summary, addressing discriminatory zoning, improving financing options, and streamlining regulations are crucial steps to stabilize and enhance manufactured housing production in the 21st century.

Learn more
5) Compare new manufactured home production to what Trading Economics (associated with the National Association of Home Builders (NAHB) reported in May 2024. The graphic that follows was posted on the Trading Economics page.

QuoteMarksLeftSideUnited States – New Privately-Owned Housing Units Started: Total Units was 1360.00000 Thous. of Units in April of 2024, according to the United States Federal Reserve. Historically, United States – New Privately-Owned Housing Units Started: Total Units reached a record high of 2494.00000 in January of 1972 and a record low of 478.00000 in April of 2009. …”

 

Note: to expand this image below to a larger or full size, see the instructions

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

StLouisFedTradingEconomicsMay2024-MHProNews
Such graphics have to be taken with a grain of salt. For example. When housing starts are based on seasonally adjusted information it can skew the actual totals. Furthermore, housing starts are not the same as housing completions. With manufactured homes, the totals are solid numbers – based on units produced and shipped. That said, it is still an interesting illustration, because it should indicate for manufactured home pros just how poorly the manufactured housing industry has been performing in the 21st century. In the 20th century manufactured housing was routinely a larger share of the single-family housing market, often by a factor of double or more. 

Note: to expand this image below to a larger or full size, see the instructions

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

ManufacturedHousingProduction1960s-2022SkylineChampionLogoGraphicJimSchmitzSamStrommenTimWilliamsLetterManufacturedHousingImprovementActMonopoly
The research by senior economist at the Minneapolis Federal Reserve James “Jim” Schmitz Jr., his colleagues, the legal research by Samuel “Sam” Strommen at Knudson Law, and a grasp of what Warren Buffett, Kevin Clayton, and Tom Hodges have called “the Moat” – among others insights – are useful in understanding the decline of HUD Code manufactured housing. 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. See the Rise and Fall of HUD Code Manufactured Housing. https://www.manufacturedhomelivingnews.com/rise-and-fall-of-hud-code-manufactured-housing-1995-2023-story-of-the-u-s-affordable-housing-crisis-behind-the-facts/ and the lessons learned from the California ADU phenomenal growth. https://www.manufacturedhomelivingnews.com/is-manufactured-home-production-keeping-pace-with-u-s-population-what-california-adu-preemption-and-higher-production-signals-manufactured-housing-potential-to-solve-affordable-housing-crisis/

 

6) To solve a problem the problem must first be understood. There are any number of examples of critiques of the performance of the Manufactured Housing Institute (MHI) in the 21st century.  The ones that follow just happen to be recent ones.

 

SECOlinkedCommunityOperatorDavidRodenQuestionsManufacturedHousingInstituteLeadersWhereIsNationalManufacturedHomeMarketingProgramLikeGoRVingOrGotMilkEmailsFactsAnalysisMastMHProNews
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/
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/

 

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/

 

7) Consolidation isn’t just occurring in the manufactured home communities sector.  Consolidation of the manufactured housing industry has been occurring in the production and retail sectors over the course of the last 20 years.  This has serious implications for not only smaller businesses. It has implications for investors in publicly traded companies. It has implications for employees of the firms involved. There are further implications for taxpayers and consumers that need, want, or desire affordable housing. There are implications for the homeless too; not only those homeless now, but those who will become homeless as a result of the status quo and de facto policies that are in place.  There are implications for Gen Z and millennials, but also for Boomers and others too.

 

E.J.AntoniAutomobileBidenvillesAreNewShantytownsAmidUS_AffordableHousingCrisisManufacturedHomeFactsAnalysisPlusMHVilleMarketsUpdatesMHProNews
https://www.manufacturedhomepronews.com/e-j-antoni-automobile-bidenvilles-are-new-shantytowns-amid-us-affordable-housing-crisis-manufactured-home-facts-analysis-plus-mhville-markets-updates/

 

ManzanitaMillerShockinglyUnhappyYoungerAdultsDriveGlobalRankOfU.S.UnhappinessToLowestLevelEverPerSurveysAffordableManufacturedHousingPoliticalSocialMoreRamificationsMHProNews
https://www.manufacturedhomepronews.com/manzanita-miller-shockingly-unhappy-younger-adults-drive-global-rank-of-u-s-unhappiness-to-lowest-level-ever-per-surveys-affordable-manufactured-housing-political-social-more-ramifications/

 

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/

 

8) Monopolization – be it oligopoly style, duopoly, or a single firm or entity that is doing the monopolization – has serious consequences. There are any number of ways to undermine competitors or segments of the public.  There are serious minds, on the left and right, that believe that monopoly power is a threat to the rights, opportunities, and liberties of the vast majority of the U.S. population. Despite the increasing attention being given to the problems caused by steady monopolization-consolidation, many in the MHI orbit fail to even use the word on their websites. Why is that so?

 

KnowYourRightsSavingPersonBizGroupAmericaCouldDependOnaDozenCitizensIncludingYouMakanDelrahimFullyInformedJuryAssociationOnJuryNullificationPowerAndMonopolyMHProNews
https://www.manufacturedhomepronews.com/know-your-rights-saving-person-biz-group-or-america-could-depend-on-a-dozen-citizens-including-you-makan-delrahim-and-fully-informed-jury-association-on-jury-nullification-power-and-monopoly/

 

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/

 

MostDemocratsAndRepublicansSupportAntitrustLawsYouGovNov6.2023SurveyPollMonopoly-ManufacturedHomeProNewsMHProNews
https://www.manufacturedhomepronews.com/manufactured-home-employees-want-a-17-percent-pay-hike-per-yougov-most-americans-oppose-monopoliesfacts-views-potential-benefits-battling-oligopoly-style-monopolization-plus-mhville-markets/

 

RunawayCorporateMonopolyPowerInequalityGeneratingMachineUltraRichGetRicherBut5BillionGrowPoorerSaysOxfamPerInequalityReportFactsWithU.S.MHVilleInsightsAnalysisMHProNews
https://www.manufacturedhomepronews.com/runaway-corporate-monopoly-power-inequality-generating-machine-ultra-rich-get-richer-but-5-billion-grow-poorer-says-oxfam-per-inequality-report-facts-with-u-s-and-mhville-in/

 

HanneHerlandBillionaireClassRobberyCapitalismHowMarxismServesBillionairesSinkingQuagmireNationalPovertyWhileBillionaireClassTakesItAllMiddleClassShrinksPlusMHStocksUpdateMHProNews
https://www.manufacturedhomepronews.com/billionaire-class-robbery-capitalism-how-marxism-serves-billionaires-sinking-into-quagmire-of-national-poverty-while-billionaire-class-takes-it-all-middle-cla/

 

RememberNormalBuckleUpForManuheckMobileManufacturedHomeLivingNews
https://www.manufacturedhomelivingnews.com/remember-normal-buckle-up-for-manufacturing-consent-oxfam-billionaires-world-and-the-american-dream-reality-check/

Note: to expand this image below to a larger or full size, see the instructions

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

MonopolySearchManufacturedHousingInstituteMHInsiderManufacturedHomes.comMHARR-MHProNewsFactCheckComparisonAnalysisLogos
A search for the word Monopoly on these distinct websites and organizations is revealing. MHI, and MHI members MHInsider and ManufacturedHomes.com on this date and at the times shown have ZERO (no, none, etc.) results for the word “monopoly” on their website. By contrast, the Daily Signal, MHARR, and MHProNews – each distinctive organizations – have numerous references to the term. It is as if MHI linked firms want to avoid the topic of “monopoly” while organizations that are looking at issues objectively and with a solution orientation include a look at the topic of “monopoly” as a relevant part of the discussion. 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/

 

9) Monopolists may sabotage markets in order to accomplish their goal for their specific interest in that market. No less a figure than Warren Buffett ally William “Bill” Gates III has said as much. Buffett has bragged that the wealthy are winning at the game of class warfare.  That’s not far from the mark noted by antitrust economic researchers that include James A. “Jim” Schmitz Jr., who specifically noted that manufactured housing is underperforming due in part to ‘sabotage monopoly’ tactics. The billionaire class thinks differently than the vast majority of Americans do. Even the 1 percent think differently than much of the 99 percent, both per research and surveys.

 

DidntWantToMeetWarren[Buffett]BecauseGuyBuysSellsFoundImperfectMarketNotValueAddSocietyZeroSumGameParasiticBillGatesPhotoMicrosoftLogoGatesFoundationLogoQuoteQuotableQuoteMHproNews
This statement is revealing. A parasite feeds on its host. Bill Gates admits he thought ill of Warren Buffett. But they got together on numerous business, nonprofit, and political levels. Clearly, whatever held Gates back he overcame. What he didn’t claim in this quote is that Buffett changed. There is an inference that Gates learned from Buffett and embraced that parasitic business model.
TheresClassWarfareAllRightMyClassRichClassMakingWarWereWinning-WarrenBuffettQuotesBarackObamaPhotoFreedomAward
https://www.manufacturedhomepronews.com/warren-buffett-declared-class-warfare-buffett-says-fellow-billionaires-were-winning/

 

BarronsSaysSuitRisksWarrenBuffettGoodGuyImageGregAbelClassActionAntitrustSuitsVsBerkshireBrandRaisesFreshConcernsOverClaytonHomesParentBerkshireHathawayTacticsMHProNews
https://www.manufacturedhomepronews.com/barrons-says-suit-risks-warren-buffett-good-guy-image-greg-abel-class-action-antitrust-suits-vs-berkshire-brand-raises-fresh-concerns-over-clayton-homes-parent-berkshire-h/
MonopoliesSilentSpreadersPovertyEconomicInequalityInsightsHenrySimonsThurmanArnoldAppliedSchmitzFettigtoHUDManufacturedHousingEconomicInequalityPovertyPhotos
https://www.manufacturedhomepronews.com/monopolies-silent-spreaders-of-poverty-and-economic-inequality-insights-from-henry-simons-thurman-arnold-applied-by-schmitz-and-fettig-to-hud-manufactured-housing-economic-inequality-and-poverty/

 

JamesSchmitzJrAlrtonTelexieraMarkWrightMHProNewsquotesMonopoliesOligopiesAreDifficultToDetectFormPowerRelationshipsComplexHardToUntangle
https://www.manufacturedhomepronews.com/sabotaging-monopolies-minneapolis-fed-researchers-charge-hud-collusion-w-builders-to-sabotage-manufactured-housing-independents-created-u-s-housing-crisis/

 

10) It isn’t just insiders who have said publicly, or whispered to MHProNews privately, that oligopoly style monopolists have essentially taken control of MHI and have made it into a tool for themselves.  It is also outside antitrust reseacher Samuel Strommen, which MHProNews/MHLivingNews has reported on, but the bulk of MHI aligned trade media and bloggers have not.

 

https://www.manufacturedhomepronews.com/wp-content/uploads/2023/06/ManufacturedHousingInstituteExecutiveCommitteBoardOfDirectorsPerMHIwebsite-MHProNewsFactCheckExpertAnalysisEditorialCommentary.png
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. https://www.manufacturedhomelivingnews.com/reflections-on-death-of-sam-zell-and-late-equity-lifestyle-properties-els-chairman-zells-impact-on-manufactured-home-living-and-the-affordable-manufactured-home-profession/ and https://www.manufacturedhomepronews.com/punishment-the-wise-suffer-sam-zells-contrarian-investing-view-when-everyone-is-going-left-look-right-2022-facts-reveal-potent-insights-for-manufactured-housing-in-202/

 

SinceLossChrisStinebertAtManufacturedHousingInstituteLogoEmpoweredF-ckingGreedySelfishLeadersCompaniesMakeMHItoolForThemselvesPlusMHVilleMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/since-loss-of-stinebert-at-manufactured-housing-institute-mhi-empowered-f-cking-greedy-selfish-leaders-of-companies-to-make-mhi-a-tool-for-themselves-plus-mhville-markets-update/
SouthDakotaUCoyotesKnudsonSchoolLawLogosSamStrommenMonopolizationManufacturedHousingREITsRubeGoldbertMachineHumanSufferingMHProNews
https://www.manufacturedhomelivingnews.com/democratic-congressional-staffer-alleged-manufactured-housing-institute-mhi-anti-consumer-manufactured-housing-institute-leaders-decline-comment-sam-strommen-antitrust-case-allegations-anal/

 

11) It is increasingly apparent that MHI doesn’t want to be questioned by those who aren’t truly insiders. MHI is the tool of the Big Boys, as MHI award-winner Marty Lavin observed.  In order to grasp how the big boys operate, someone must look not only at what is SAID (written or spoken) vs. what is DONE. Sometimes, nice sounding words are used but there is then no logical follow through on those words, which strongly implies that the words were insincere in the first place.

 

MartyLavinQuotesCollageManufacturedHousingInstituteManufacturedHomeProNews

 

 

12) A close look at the facts reveal the following. The affordable housing crisis can’t mathematically be solved without millions of more HUD Code manufactured homes being produced.  In fairness, if deposed and now ‘convicted’ 45th President Donald J. Trump is reelected and robustly implemented a sweeping expulsion of illegal immigrants living in the U.S. that could result in numbers of vacancies. Billionaire Elon Musk and others have been attempting to develop alternatives to HUD Code manufactured homes, but even with billions in investments, manufactured housing currently rules as the most proven form of permanent affordable housing.

 

AffordableHousingCrisisSolutionMadeEasy9MinutesOfFactsWithAppliedCommonSenseMastheadManufacturedHomeProNewsMHProNews
https://www.manufacturedhomepronews.com/masthead/affordable-housing-crisis-solution-made-easy-9-minutes-of-facts-with-applied-common-sense/
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/

 

Nearly$2BillionForStartupsButCrunchbaseAIwhyFactoryBuildingNewbiesStruggleDuringAffordableHousingCrisisGoodBadMehForManufacturedHousingPlusMHVilleMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/nearly-2-billion-for-startups-butcrunchbase-ai-why-factory-building-newbies-struggle-during-affordable-housing-crisis-good-bad-or-meh-for-manufactured-housing-plus-mhvill/

 

13) While some on the political-economic right have argued for years that subsidies only distort markets and fail to achieve their claimed goals, more recently a leftist has ripped Democrats for their housing plans that lines the pockets of “Corporate Democrats” while leaving their voters and claimed base lacking the promised results.

 

LeftistMichaelWeinsteinTensOfBillionsToAffordableHousingIndustrialComplexWastedOnHousingTrickleDownDemocratsHaveFailedAmericansInNeedFactswAnalysisPlusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/leftist-michael-weinstein-tens-of-billions-to-affordable-housing-industrial-complex-wasted-on-housing-trickle-down-democrats-have-failed-americans-in-need-facts-w-analysis-plus-mhmarkets/

 

‘Homeownership Slipped Out of Reach for Millions in U.S.’ ‘Investors Snatching Up 1 in 5 Homes for Sale Scooping Up Affordable Housing’ Redfin and Other Data Reveal MHVille Obstacles and Opportunities

Niskanen Center Armlovich-Jimenez-Justus Tout Manufactured Homes-House Financial Services Committee Housing Affordability-Governmental Barriers-Market Based Solutions; Sunday MHVille Headlines Recap

‘Want Affordable Housing? Take the Chassis Off Manufactured Houses’ and ‘Don’t Call Them Mobile Homes’ Prof Lee Ohanian and James A. Schmitz WaPo Op-Ed Echoes Andrew Justus-Alex Armlovich views; plus MHVille Markets

 

14) MHI leaders seemingly can’t keep their stories straight. Statements made, when closely examined, often contradict each other. While claiming that they want to grow the industry they seem to be more focused on helping certain ‘insider’ firms consolidate the industry and underproduction may make that process easier and less costly for consolidators.

 

LesliGoochMarkBowersoxRickRobinsonRichardJennisonPicsMHInsiderManufacturedHousingInstituteLogo$1MillionTopMHIstaffPayRevealUnpackingEvidencePerjuryFraudOtherPossibleFederalMHProNews
https://www.manufacturedhomepronews.com/over-1-million-manufactured-housing-institute-doc-drop-top-mhi-staff-pay-revealed-additionally-unpacking-evidence-of-perjury-fraud-other-possible-federal-crimes-plus-mhville-stocks-update/

 

Conflict!MHIceoLesliGoochPaidSome$400KinSchemeInvolvingIndictedMan4 CongressionalRepsPerBingResearchExposéLinksEvidenceContributingToManufacturingHousingUnderperformanceMHProNews
https://www.manufacturedhomepronews.com/conflict-mhi-ceo-lesli-gooch-purportedly-paid-some-400k-in-scheme-involving-indicted-man-4-congressional-reps-per-bing-research-expose-links-evidence-contributing-to-manufacturin/

 

FixVsMHInHUDannouncedPresenters2024InnovativeHousingShowcaseMHIsGooch50thAnniversaryOfHUDCodeManufacturedHousingLawEstablishedContinuousCollaborationPlusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/fix-vs-mh-in-hud-announced-presenters-2024-innovative-housing-showcase-mhis-gooch-50th-anniversary-of-hud-code-manufactured-housing-law-established-continuous-collaboration/

 

ManufacturedHousingFeaturedProminentDuringHouseOversightHearingPerManufacturedHousingInstituteHousingAlertWhatMHIleadersDidDidntSaLieFalseMisleadingSundayWeeklyHeadlinesRecapMHProNews
https://www.manufacturedhomepronews.com/manufactured-housing-features-prominently-during-house-oversight-hearing-per-manufactured-housing-institute-housing-alert-what-mhi-leaders-did-didnt-say-plus-sunday-weekly/

 

15) Programming Notices: several pending reports on MHProNews are on tap that reveal new details what has been described by MHARR leaders as a “shell game” and empty posturing.  Those details will come from – among other sources – MHI’s own members, sometimes their larger members. But until then, it is apparent that MHI is openly working with the competitors of manufactured housing. MHI has praised Democratic plans that offer subsidies and support for the conventional housing competitors of manufactured housing. AI powered Copilot fact checks (see above and below) have clearly called MHI out for failure to be transparent, for misleading and contradictory statements and behavior. This is a serious issue and is part of the problem that is keeping the industry underperforming. Dig into the linked reports to learn more and watch for the latest revelations from inside the seemingly insane world (paraphrasing John Pavlovitz and Kurt Vonnegut in the preface above) where the sane person may seem to be insane to those who have lost their way or lost their minds. 

 

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https://www.manufacturedhomepronews.com/in-surprising-move-the-manufactured-housing-institute-mhi-applauds-housing-action-plan-released-by-new-democrat-coalition-facts-documents-and-mhville-analysis/

‘Hit the Ball and Drag Jack’ What Classic Golfer Jest Teaches Career and Growth-Minded Manufactured Home Professionals About Manufactured Housing Institute; plus Sunday Weekly Headlines Recap

 

ICYMI, check out what Copilot wrote about MHI above. For those who want a ‘whimsical’ (comical) look at MHI through a golfing lens, it is unique and insightful.

 

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 Update

 

Beyond the overtime rule change there is more on the reactions to the “felony” conviction of deposed President Donald J. Trump.  Business as usual is over, MHProNews has said that for over 4 years. Those who check in routinely here find “Industry News, Tips, and Views Pros Can Use” © where “We Provide, You Decide.” ©

 

U.S. Labor Dept and NFIB-New Overtime Rule Effective July 1, 2024: What Small Businesses and Employees Need to Know; Freedom Isn’t Free; plus MHVille Markets Updates

 

 

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, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

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 – 6.4.2024

  • Bob Kelley, long-time publisher of used car guide Kelley Blue Book, dies at 96
  • Caitlin Clark has become male sportscasters’ proxy in a league built primarily by Black and LGBTQ athletes whom the mainstream felt fine skimming over in the past.
  • The media is in meltdown over Caitlin Clark
  • Tents are seen at a pro-Palestine encampment at Columbia University. Pro-Palestine demonstrators rallied on the lawn in Columbia University in Manhattan, New York City condemning the Israel Defense Forces’ military operations in Gaza. Since last week, students and pro-Palestine activists at Columbia University have held a sit-in protest on campus, forming a “Gaza Solidarity Encampment.” Encampments have been forming in other universities in New York City, as well as in campuses nationwide in support of Palestine. Negotiations are underway between student protestors at Columbia University and the school administration about the removal of the encampment. There has been increasing tension between the student protesters and the university officials regarding the use of law enforcement to disassemble the encampment. Since the war started on October 7, 2023, Gaza’s health ministry said more than 34,000 people have been killed in Gaza, a territory ruled by Hamas. The death toll does not differentiate between civilians and combatants. Pro-Palestine Encampment at Columbia University in New York City, US – 26 Apr 2024
  • Columbia University settles with Jewish student who sued over hostile environment on campus
  • Toyota recalling 100,000 big trucks and luxury SUVs due to engines stalling
  • CEOs are making almost 200 times what workers are
  • In this photo illustration, a woman looks at a laptop screen displaying the logo of ‘OpenAI’ in Ankara, Turkiye on March 11, 2024.
  • OpenAI insiders’ open letter warns of ‘serious risks’ and calls for whistleblower protections
  • An electric car charges at a station in Oakland, California in 2020.
  • While new electric vehicle sales are slowing, used sales are ramping up
  • Inter Miami forward Lionel Messi (10) enters the stadium before the game between DC United and Inter Miami and Saturday, May 19, 2024 at Chase Stadium in Fort Lauderdale, Fla.
  • Lionel Messi is taking on Prime with a new sports drink
  • A jobseeker takes a flyer at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday, April 11, 2024.
  • Job openings fall to new 3-year low, as the US economy continues to slow
  • Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.
  • Musk accused of improperly selling $7.5 billion in Tesla stock before weak sales report that crashed its price
  • Qantas CEO: ‘We let our customers down’ on canceled flights scandal
  • What happened to the UK economy? 5 charts break down the key election issue
  • New York’s creative solution to targeting children online: Block the algorithms
  • How AI could supercharge the Vision Pro
  • YOLO is dying. That could be bad news for the economy
  • Indian stocks have worst day in 4 years as Modi’s hopes of a huge majority fade
  • Hunter Biden trial shows America’s justice system isn’t so rigged after all
  • Fake Tom Cruise documentary is part of a Russian influence campaign aimed at the Paris Olympics, report finds
  • Japanese officials inspect Toyota headquarters over safety certification scandal
  • Bill Ackman is probably about to get a lot richer. And much louder
  • Tech giants unveil next generation AI chips in Taiwan as competition heats up
  • New York Stock Exchange says bizarre glitch that showed Berkshire Hathaway down 99.97% has been resolved
  • GameStop shares gain after meme stock influencer reveals $116 million bet

 

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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 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 – 6.4.2024

  • Jim Jordan: Defund Trump Prosecutors
  • House Judiciary Chair Jim Jordan, R-Ohio, is floating a plan that would defund the prosecutors who have brought cases against former President Donald Trump as he seeks another term in the White House. [Full Story]
  • Israel at War
  • Mast: Invite Hostages’ Kin to Bibi Speech
  • Biden: Netanyahu Intentionally Prolonging War
  • Israel, US Ink $3 Billion Deal for 25 More F-35 Fighter Jets
  • Israel Estimates 43 of 120 Still-Missing Hostages Are Dead
  • UN Rights Chief Expresses Support for Biden’s Gaza Cease-Fire
  • Some Fear Bibi Remarks Hurt Hostage/Cease-Fire Deal | video
  • Report: Bibi to Address Joint Congress on June 13
  • Truce Doubtful as Biden Says Hamas Is Sufficiently Depleted
  • Delta 2nd Airline to Resume Flights to Israel
  • Yair Netanyahu to Newsmax: World Court a Farce | video
  • Newsmax TV
  • Jason Miller: AG Garland ‘Lying’ to US
  • Fallon: Fauci a ‘Partisan Hack’ | video
  • Dershowitz: DA Bragg ‘Started a War’ That Won’t End
  • Karoline Leavitt: 1/4 of May Trump Donors New | video
  • McCormick: Never Submit to Overreaching Govt | video
  • RNC’s Whatley: Plans Underway If Trump Is Jailed | video
  • Cline: Hunter Biden Case ‘No Comparison’ to Trump’s | video
  • Alperovitch: Conflict With China in 4-8 Years | video
  • Will Scharf: Weaponization of Justice Led by Biden | video
  • Newsfront
  • Speaker Johnson: Biden Border Plan a ‘Charade’
  • President Joe Biden’s new border plan is just window dressing, House Speaker Mike Johnson, R-La., said Tuesday…. [Full Story]
  • Related Stories
  • Biden Migration Order to Shut Most of Southern Border at Midnight
  • Jim Jordan Seeks to Defund Trump Prosecutors
  • House Judiciary Chair Jim Jordan, R-Ohio, is floating a plan that [Full Story]
  • Last WWII Vets Converge on Normandy for D-Day and Fallen Friends
  • Under their feet, the sands of Omaha Beach, and in their rheumy eyes, [Full Story]
  • Newsmax Seeks Sanctions Against Smartmatic Over DOJ Bribery Claims
  • Newsmax Media Inc.recently filed in Delaware Superior Court a motion [Full Story]
  • Follow Newsmax’s Coverage of Tuesday’s Primaries
  • Newsmax is covering six primaries on Tuesday, including the pivotal [Full Story]
  • AG Garland Defends Justice Department: ‘I Will Not be Intimidated’
  • Attorney General Merrick Garland hit back at Republicans for what he [Full Story]
  • ACLU Vows Legal Challenge to Biden Border Order
  • The American Civil Liberties Union vowed a court challenge Tuesday to [Full Story]
  • Kremlin: Ukraine Peace Summit Without Russia ‘Absurd’
  • A peace summit without Russia “a completely absurd activity, this is [Full Story]
  • Related
  • Ukraine’s New Fighter Jets Can Strike Inside Russia
  • Russia Warns US Against ‘Fatal’ Miscalculation in Ukraine
  • Biden, Dems Embrace Soros’ ‘Convicted Felon’ Trump Bid
  • President Joe Biden and other Democrats appear to have embraced the [Full Story]
  • Related
  • Senate Republicans to RNC: Tolerate Larry Hogan’s Anti-Trump Talk
  • Jon Stewart Criticizes Biden Press Conference Smile: ‘No Bueno’
  • Biden Dings Trump, Calling Him ‘Convicted Felon’
  • Modi Claims Victory in Indian Election Despite Drop in Support
  • Prime Minister Narendra Modi declared victory Tuesday for his [Full Story]
  • Related
  • India Market Plunges Amid Modi’s Likely Weakening in Narrow Win
  • Tiger Woods’ Ex-wife – Try Not to Gasp When You See Her Now
  • TheJournaly
  • Prosecutors Cast Hunter Biden as ‘Drug Addict’ in Gun Trial Opening
  • Federal prosecutors on Tuesday painted President Joe Biden’s son [Full Story]
  • After Initial Sales Tax Idea for Homeless Fails, LA to Vote on Increase
  • As Hollywood business owners resorted this month to instaling [Full Story] | Platinum Article
  • NY Post: Biden Plan Would Allow 1.8M Migrants Per Year
  • President Joe Biden’s executive order to permit 2,500 illegal migrant [Full Story]
  • Tuesday Marks 35th Anniversary of Tiananmen Square
  • Checkpoints and rows of police vehicles lined a major road leading to [Full Story]
  • Related
  • Taiwan President Vows to Remember China’s Tiananmen Crackdown
  • Nursing Home Resident Declared Dead Found Breathing
  • A 74-year-old woman who was declared dead at a Nebraska nursing home [Full Story]
  • AG Files Felony Charges Against Trump Allies
  • Wisconsin Attorney General Josh Kaul filed felony forgery charges [Full Story]
  • Biden on Election Meddling: ‘Bad Guys’ Rooting for Trump
  • President Joe Biden told Time magazine that “there is evidence” China [Full Story]
  • Economic Poll: Middle Class Majority Has Financial Woes
  • Almost two-thirds of middle-class Americans say they face economic [Full Story]
  • CDC: Take ‘Morning-After’ Antibiotic to Prevent STDs
  • Some people should consider taking an antibiotic as a morning-after [Full Story]
  • MLB Bans Tucupita Marcano for Life for Betting on Baseball
  • San Diego Padres infielder Tucupita Marcano was banned from baseball [Full Story]
  • Biden Migration Order to Shut Most of Southern Border at Midnight
  • President Joe Biden issued an executive order Tuesday imposing [Full Story]
  • AI Allows Mourners to ‘Talk’ to Dead Relatives
  • Artificial intelligence is enabling families to communicate with [Full Story]
  • Anti-Israel Tent Encampment Set Up Outside LA City Hall
  • Anti-Israel protesters set up an encampment in front of Los Angeles [Full Story]
  • American Greatness Poll: Trump Leads Biden by 8 in N.C.
  • Voters in North Carolina say they favor former President Donald Trump [Full Story]
  • House Dems Move to Force Birth Control Vote
  • House Democrats, in an attempt to push abortion rights to the [Full Story]
  • GOP Senators Warn Against Putting Trump Behind Bars
  • Republican senators are warning that a New York judge should not [Full Story]
  • AP Poll: Biden Electric Car Push Runs Into Resistance
  • Many Americans still are not sold on going electric for their next [Full Story]
  • Drinking on Long-Haul Flights May Harm Your Heart
  • Booze could threaten a sleeping air passenger’s heart health, [Full Story]
  • Left-Leaning WashPost Faces Hastily Announced Restructure
  • The struggling Washington Post found itself in some turmoil on Monday [Full Story]
  • Toyota to Recall Over 100,000 Vehicles Over Engine Stall
  • Toyota will recall over 100,000 SUVs and pickup trucks in the U.S. [Full Story]
  • Appeals Court Sets Arguments in Trump Bid to Boot DA Willis From Case
  • The Georgia Court of Appeals has docketed oral arguments in former [Full Story]
  • More Newsfront
  • Finance
  • Small Business Owners Fear Worst Under Bidenomics
  • Two-thirds of U.S. small business owners fear that a continuation of President Joe Biden’s economic policies will force them to shut down, according to a new poll first reported by The Daily Caller…. [Full Story]
  • Flanakin: Commercial Real Estate Could Back Digital Investing
  • Court Blocks Program for Black Women Entrepreneurs
  • India Market Plunges Amid Modi’s Likely Weakening in Narrow Win
  • Airbus in Talks to Sell More Than 100 Widebody Jets to Chinese Airlines
  • More Finance
  • Health
  • Better Sleep May Ease Loneliness
  • People who feel lonely and socially isolated might benefit from more sleep, especially if they’re a young adult, a new study suggests. Better sleep is associated with significantly less emotional and social loneliness, researchers report. Younger adults in particular benefit…… [Full Story]
  • FDA Reviewing Psychedelic Drug MDMA to Treat PTSD
  • Early Menopause Raises Breast, Ovarian Cancer Risk
  • Lawsuit Questions Gut Health Claims of Poppi Sodas
  • Long-Term Trial: Skin Cancer Vaccine Boosts Survival

 

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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.
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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