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Economy

appalachiablue

(43,145 posts) Wed Sep 18, 2024, 09:35 PM Sep 2024

Private Equity Devouring Last Affordable Housing In US: Mobile Homes, Latest Target, Rents Spike [View all]

Sept. 17, 2024, (13 mins). More Perfect Union, reporting real struggles of the working class https://perfectunion.us/
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🏚 YT Description : Mobile homes are one of the last remaining affordable housing options in America. Now they've become Private Equity's latest target. PE firms now own at least 1,200 parks nationwide. And residents have seen their rents spike by as much as 100% in the last 6 years.

15 replies

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Private Equity Devouring Last Affordable Housing In US: Mobile Homes, Latest Target, Rents Spike [View all] appalachiablue Sep 2024 OP

This is one of the most important issue's facing us. CentralMass Sep 2024 #1

Absolutely, another bad sign for the county, many problems to clean up. appalachiablue Sep 2024 #10

WA AG taking them on cbabe Sep 2024 #2

Excellent, glad to know this. Thanks for posting. appalachiablue Sep 2024 #5

PBS had a very sobering documentary about this issue a couple of nights ago from Aurora, Colorado Deuxcents Sep 2024 #3

Thank you, I'll look for the program.. appalachiablue Sep 2024 #6

It is a series called A Decent Home. I had no idea this was happening nor did those caught up in it Deuxcents Sep 2024 #8

Thanks for the title, I'll check for it again. I knew PE was buying a lot of appalachiablue Sep 2024 #9

According to JD Vance DENVERPOPS Sep 2024 #4

I believe it, lying worthless mess. Immigrants buying up houses, what a crock. appalachiablue Sep 2024 #7

With these predators, it's the land they are after. They come in, evict the owners..some living there 20 years Deuxcents Sep 2024 #11

they want the land DENVERPOPS Sep 2024 #12

He's so low, insecure and awful appalachiablue Sep 2024 #14

For many years, It has been written Americans will live on less bucolic_frolic Sep 2024 #13

The scary truth sorry to say. Its'very troubling to watch this process and appalachiablue Sep 2024 #15