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Mobile Homes Are So Expensive Now, Hurricane Victims Can't Afford Them (bloomberg.com)

An anonymous reader shares a report: Hurricane victims emerging from ravaged trailer parks are discovering that the U.S. mobile-home market has left them behind. In Florida and Texas, dealerships are swarmed by buyers looking to rebuild their lives after hurricanes Harvey and Irma, but many leave disappointed. The industry, led by Warren Buffett's Clayton Homes, is peddling such pricey interior-designer touches as breakfast bars and his-and-her bathroom sinks. These extras, plus manufacturers' increased costs for labor and materials, have pushed average prices for new double-wides up more than 20 percent in five years, putting them out of reach for many of the newly homeless.

36 of 252 comments (clear)

  1. FEMA by thegreatbob · · Score: 2

    As a temporary solution, I wonder if the old FEMA trailers have finished outgassing all their formaldehyde... perhaps someone has a collection of those going.

    --
    There is no XUL, only WebExtensions...
  2. "The Dow is at record-breaking levels" by PopeRatzo · · Score: 2, Insightful

    have pushed average prices for new double-wides up more than 20 percent in five years, putting them out of reach for many of the newly homeless.

    Late-stage capitalism is when you can't afford the rope to hang yourself, but your #MAGA hat is subsidized.

    In other news...

    The guy who Trump picked to head Health and Human Services tripled the price of insulin when he was CEO of Eli Lilly. After the drug's patent expired.

    https://www.thenation.com/arti...

    --
    You are welcome on my lawn.
    1. Re:"The Dow is at record-breaking levels" by RedK · · Score: 4, Insightful

      Late-stage capitalism is when you can't afford the rope to hang yourself, but your #MAGA hat is subsidized.

      That's not Capitalism.

      Capitalism would be someone finding a way to make the ropes cheaper and selling them to you, and including a #MAGA hat for free in order to bolster the sale.

      Just as with this mobile homes situation. Communism just means the state is stuck buying "His and Hers sinks" for everyone and thus overpaying, lining the pockets of some friend of the party. Capitalism means a business opportunity for someone to make a 20% cheaper model to serve the increased demand and thus carve himself a new niche.

      Of course, it helps to put "Trump Derangement Syndrome" aside, since this has nothing to do with Trump.

      --
      "Not to mention all the idiots who use words like boxen."
      Anonymous Coward on Monday August 04, @06:49PM
    2. Re:"The Dow is at record-breaking levels" by HornWumpus · · Score: 3, Insightful

      Anybody who regularly uses the phrase 'late stage capitalism' has drunk the koolaid and isn't open to reason.

      It's a tell. Save the effort. Your time is better spent arguing with brick walls.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    3. Re:"The Dow is at record-breaking levels" by jedidiah · · Score: 5, Informative

      > Why would communism mean that?

      Human nature. Government control actually means less accountability and a greater opportunity for corruption. Efficiency is not required. Effectiveness isn't even required. You have no recourse if something sucks. You can't sue or take your business some place else.

      All monopolies are bad for pretty much the same reasons.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    4. Re:"The Dow is at record-breaking levels" by jedidiah · · Score: 2

      > Capitalism and the "free market" as envisioned by Republicans pretty much boils down to entrenched monopolies protected by lawmakers

      What is actually keeping you from making your own mobile homes right now? Until you can actually answer that, your entire rant is deranged religious nonsense.

      There are certainly interesting enough diverse options in the RV space. There's no reason to expect the same of mobile homes.

      The fact that some of them come with golden shower fixtures doesn't mean they all have to.

      Some of us also avoid buying McMansions and over priced trucks too.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    5. Re:"The Dow is at record-breaking levels" by Bing+Tsher+E · · Score: 2

      When you're lined up against one, may as well argue with something while they load the rifles.

  3. Re:Buy an RV by DontBeAMoran · · Score: 2

    An RV even half the size of a mobile home would probably be at least three times as expensive.

    On the other hand, when hurricanes come your way, you can move out of the way.

    Another solution is to move somewhere else, a place without fucking hurricanes.

    --
    #DeleteFacebook
  4. Good. by HornWumpus · · Score: 3, Interesting

    New mobile homes are for idiots. A house should not depreciate like a car. Rent for a 1000 square foot 'lot' should not run to hundreds/month.

    Anybody thinking of going there, should buy bare land and shed to live in until they can afford to build a house. Mobile homes are built like sheds anyhow.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    1. Re:Good. by HornWumpus · · Score: 4, Insightful

      Most 'shed banning' is done by HOAs. _Never_ buy a HOA property, it's just that simple.

      Unless of course you're an 'HOA person', than fuck you...we'll both be happier living as far apart as possible.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    2. Re:Good. by Arzaboa · · Score: 3, Informative

      People live in mobile home parks for a multitude of reasons, but are there primarily because it is affordable. It is the cheapest form of being able to buy something that isn't directly attached to their neighbors. I'm not sure anyone would argue that they aren't built from the best materials.

      Moving into a mobile home may not be the best situation for your area or life, but for many people who move into them, they make a whole lot of sense. I've seen people use them as vacation homes, second homes, the only home they can afford.

      There is a relatively high barrier to owning property in an urban area. These are usually the only options to a large segment of the population. Where else can you purchase a place to live for less than 10k and actually live in it? We legislate our way right out of having housing that folks with hardly anything can afford. Its a pretty steep slope into homelessness at the bottom of the curve.

      --
      If you build it, they will come"

    3. Re:Good. by HornWumpus · · Score: 2

      A good percentage don't own their homes, of those that do, a good percentage lose them to the park owners as soon as they fall behind on lot rent.

      I've heard of park owners, putting high moveout fees into their contracts. Essentially assuring they will end up owning any mobile home that's put in their parks.

      I've also seen a resident come home to find his mobile home, with wires and plumbing dangling from where it was torn loose, parked on the side of the road beside the park entrance.

      Like most 'super low cost' options, their are lots of hidden costs, mainly petty crime. Of the two people I know who lived in trailer parks neither lasted more than 18 months before fleeing the chaos. The worst thing about mobile home parks? The neighbors!

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  5. Welcome to capitalism by Macdude · · Score: 3, Informative

    Welcome to capitalism, companies make the products they think they can sell (i.e. expensive trailers) and price them at what they think they can get. The people that want something else are screwed. If enough people are not able to get what they want it creates a market opportunity to start a business to cater to them.

    --
    "Grab them by the pussy" -- President of the United States of America
  6. This doesn't ring true by Anonymous Coward · · Score: 5, Informative

    I live an hour north of Houston. Daily on the way to and from work, I pass 4 or 5 mobile home dealerships. About 6 months ago, my wife and I went and looked at a couple of dealerships and priced several mobile homes, as we are thinking about downsizing, buying our own land and living in a mobile home to save money.

    What we learned:

    - A non-luxury single wide with 3 bedrooms is about $30,000.
    - A non-luxury double wide with 3 bedrooms is about $45,000.
    - A luxury double wide with 3-4 bedrooms runs from $65-120,000.

    I can understand people wanting to have a nice place to live, but there is no shame in living in a starter mobile home until you can get back on your feet. For far less than a house these days, one can guy 3 acres for $60,000 and the mobile home for $30,000. That's $90,000. Ad $10,000 for connecting to electricity and sewer, and another $10,000 for a septic system. $110,000 gets you land and a place to live for far, far less than a house. If you choose to buy a mobile home without land, here in this area, the land rental with hookups will run you about $300-400 a month. A cheaper mobile home runs about $300 a month mortgage and $300-400 a month for land rental and in your in for $700. Add $300 for all utilities and you're in for $1000 a month.

    I ran all the above numbers with the sales people at the mobile home dealership. I also know someone living in one and I asked them to verify.

    When I get closer to retirement, I'm considering it because why have to always work on a house and a perfect lawn. I'll get a mobile home and just live with less and less maintenance.

    There is a stigma associated with living in a mobile home, but those who would judge you for living in one are not worthy of your friendship.

    1. Re:This doesn't ring true by HornWumpus · · Score: 3, Insightful

      In rural Texas? Old houses won't be much more and will appreciate in value rather than deprecate like a car.

      Mobile homes aren't maintenance free. Rather the opposite. Built like shit from shit materials.

      'No lawn' implies mobile home park. What does 'trailer park supervisor' mean to you? 'Lehey' is a part in a TV show, but it's based on reality. 'Trailer park supervisors' ARE notorious petty tyrants. Trailer park neighbors are also 'colorful' bunch. I've never lived in one, but have known a couple of people that spent a couple years in one. 'Trailer Park Boys' is a documentary.

      Trailer parks are redneck ghettos. Nobody has things worse than white trash kids from the trailer parks. Their culture is as broken as any inner city slum dweller, but no help for their 'privileged' asses.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    2. Re:This doesn't ring true by Anonymous Coward · · Score: 3, Interesting

      OP here. Yes, you got it in one. Fixtures and fittings. The difference is pretty stark between the two. Were I in the market, I would opt for the $45,000 basic double wide.

  7. shipping containers by bugs2squash · · Score: 2

    It seems like every few weeks there is another story in the press about how an achitecture student discovered shipping containers are hollow inside. Maybe now is the time to see a lot of hurricane proof housing made of steel hi-cubes.

    --
    Nullius in verba
    1. Re:shipping containers by mikael · · Score: 3, Interesting

      Good few people have made homes out of shipping containers. Of course, they cut holes for windows, add hinges so the steel can be shuttered, and many add wood or brick panels to the outside to give it a more architectural look.

      https://www.containerhomeplans...

      There was that guy who built his own nuclear bomb shelter out of old school buses, That's pretty cool idea to build a tornado shelter on the cheap - just excavate a ramp plus hole, lower down a container/old bus, then build on top of it.

      --
      Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
  8. That doesn't change the situation. by Anonymous Coward · · Score: 2, Interesting

    The signal is still there; there is still motivation for someone, eventually, to undercut those colluders.

    On top of this, the market reacts to the signal in other ways; people start marketing healthy meals and exercise programs, so as to reduce the incidence of adult-onset diabetes, etc. The culture begins to change.

    This evolution by variation (supplier competition) and selection (consumer choice) is the "Invisible Hand".

    We don't need no stinkin' Intelligent Designer.

    1. Re:That doesn't change the situation. by BronsCon · · Score: 2, Interesting

      Very much this. The drug market is not like the broadband "market"; there's actual competition once the patents expire.

      --
      APK quotes people (including myself) without context and should not be trusted. Just thought you should know.
  9. This is not correct by rsilvergun · · Score: 4, Insightful

    saying this implies the cost of Mobile homes has gone up. Manufacturing costs are way, way down. The actual problem is that 30 years of wage stagnation has reduced the buying power of working class people. They can't afford basic shelter.

    This is a classic example of an anti-worker wing narrative at work. The breakfast bar adds $200 to the cost of the home. The his and her sinks $500. The cost of the home goes up $10,000. Nobody talks about the $9,200 gap or why people can't afford it. The implication is that poor people are being frivolous with their money, which in turn implies they have low moral character which in turn gives the middle class and rich a reason to abandon them to their poverty because, after all, it's their fault for having low moral character. It's prosperity gospel without the tinge of religion.

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
    1. Re: This is not correct by bradley.uffner2292 · · Score: 5, Insightful

      The stupid part is that it's actually true. This country is in full blown, barely non-violent, class war. Somehow the rich got the poor and middle-class to pick sides and fight each other like it was some kind of football game, except with very real consequences.

  10. People who live in glass houses... by Comboman · · Score: 4, Insightful

    If you live on the gulf coast or tornado alley, maybe a mobile home isn't your best bet. The main reason the price or new units is so high is because the supply of used units suddenly dropped, forcing people who would have bought a used unit to buy a new one.

    --
    Support Right To Repair Legislation.
  11. If you are homeless... by burtosis · · Score: 2

    Why would anyone with finnancial difficulties be buying new? I was able to have my own car when I was 16 because I bought two identical model year non working beaters ($400 and a $150) and combined them into one 'working' car. In my late 20s I could afford my (then 65 yr old) home because it needed lots of cosmetic work and was in a lower priced neighborhood. Part of the problem that gets people into situations like this is buying items that they can't afford and/or paying for them in nearly predatory installments. It dosent help either when most or all of your expensive purchases only depreciate, trailer homes don't increase in value like real estate.

    1. Re:If you are homeless... by barc0001 · · Score: 2, Insightful

      > I was able to have my own car when I was 16 because I bought two identical model year non working beaters ($400 and a $150) and combined them into one 'working' car.

      Sure, and you were able to do that because you were young, able and - most importantly - almost certainly having your living expenses paid for by your parents while you spent hours and days learning how to combine two machines into one, in garage space or backyard space provided by your parents. Probably with their tools too. I did something similar and while it makes a great bootstrappy fantasy, the reality is there was a lot of support in place to allow you (and me) to do that. Things a lot of people these days don't have. I live in a condo now with a full time job so I neither have the space (against strata bylaws to do anything more involved than tire rotation/change in your parking spot) nor the time to work on cars much so I instead spend more to have a reliable vehicle.

      People might be buying new mobile homes because as a former resident of one I can tell you things on older ones tend to go south a lot faster than a comparably aged traditional house. That causes unexpected expense that can be even more costly than larger payments from buying new. The first 2 years I owned my place I spent close to 10K on repairs and maintenance, including a roof replacement.

      > trailer homes don't increase in value like real estate.

      Depends on the trailer home. I bought and lived in a trailer home 10 years ago for 50K, sold it for 90K 3 years ago. Now the Vancouver boom has really reached out to the valley and my neighbors at the old trailer park are listing their 30 year old, sometimes-renoed partially homes for anywhere from 125K-200K. And getting it. And this is on leased land. Crazy...

      Example: Here's one just shy of a quarter million:

      https://www.realtor.ca/Residential/Single-Family/18681563/18-10221-WILSON-STREET-Mission-British-Columbia-V4S1E2

      15 years ago that would been sold for less than 40K.

  12. Re:AFTER the drug's patent expired??!! by jedidiah · · Score: 2

    > Or, they just make a pact and keep the price high, which is the more realistic approach.

    Might work for something like insulin, not so much for mobile homes or RVs.

    --
    A Pirate and a Puritan look the same on a balance sheet.
  13. Cheaper models still being advertised as always by raymorris · · Score: 4, Interesting

    The low-end models are still there, as always. More expensive models are also available, which increases the AVERAGE price.

        The manufacturers haven't abandoned their primary market, people who are broke because they have don't think long-term, so they do things like spend a ton of money on something that falls apart in a few years rather than putting 10% down on a house which will go up in value.

    1. Re:Cheaper models still being advertised as always by phantomfive · · Score: 2

      The low-end models are still there, as always. More expensive models are also available, which increases the AVERAGE price.

      This comment should be posted right in the summary, it explains the whole story.

      --
      "First they came for the slanderers and i said nothing."
    2. Re:Cheaper models still being advertised as always by Maxo-Texas · · Score: 3

      A lot of people in mobile homes are poor and have low incomes.

      In many areas of the country, a median income ($52,000) won't buy a home any more ($400,000 for a 3 bedroom 1 bath in my neighborhood).

      My neighborhood is one of the cheaper neighborhoods within 32 miles. If you live that far out, you are going to tear up your car getting to work.

      But you can still live in this area in a mobile home on a $36,000 income.

      You sound like you are very privileged and don't realize it.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    3. Re:Cheaper models still being advertised as always by kenai_alpenglow · · Score: 2

      Having spent a few years in a trailer when first starting off (Cheaper than an apartment, more room, and NO LANDLORD!), I looked at all ranges of trailers. At that time (1980s) double-wides were as expensive as low-end houses. Without the houses' ability to appreciate Bad Idea.. So I went with a 14x80 and put it on a piece of land. Actually was one of the best financial decisions I made, as I sold it as owner-financed, and broke even on the trailer (i.e., free home for a few years). As of a couple years ago the trailer still looked in decent shape, despite several Cat-4's and Katrina.

  14. Re:Hence signal for new method, or healthier livin by djinn6 · · Score: 2

    If a government uses its bully pulpit to subsidize insulin, then what that government is actually doing is subsidizing unhealthy lifestyles, and thus the problem will only get worse. There needs to be a correction in society; either new methods of manufacturing must be found, or people must adopt a healthier lifestyle.

    Oh yeah, killing diabetic people really improves public health! Who cares about people with Type I? Maybe next time they'll remember not to be born with any congenital problems!

  15. Re:Chinese trailers? by kenai_alpenglow · · Score: 2

    You're probably joking, but lets assume you're not. Ever try to put a trailer in a shipping container? You end up shipping a lot of air across the Pacific. Otherwise I'd bet the Chinese would be doing this! Now, if we could make assemblies, ship them and put them together over here, you might have something: Made in USA (some foreign parts).

  16. Dubious math and burying the lede by Idarubicin · · Score: 3, Informative

    ...pushed average prices for new double-wides up more than 20 percent in five years, putting them out of reach...

    I'm having trouble with the math here. Over five years, you'd expect about a 10 percent increase due to inflation. So the "average" double-wide is only up about 10% over inflation. And that's looking at the average--are all mobile homes more expensive, or did the distribution of motor home sales just shift? Remember, the average goes up if the share of sales of high-end homes goes up, even if the low-end homes remain the same price. We're not told what the liveable-but-not-fancy homes cost, or how (or if!) that has changed with time.

    Really, though, the more important statistic is buried in the linked article.

    ...pay for the bottom fifth of earners is stagnating. Even after a modest pickup over the past two years, those households have seen their income fall by 9 percent since 2000, to $12,943 in 2016, based on inflation-adjusted Census Bureau data.

    (At least they inflation-adjusted that figure.) The real problem is that the poor - including the working poor and retirees - are getting poorer. Even if housing weren't getting more expensive, they still wouldn't be able to afford to keep up.

    --
    ~Idarubicin
  17. Re: AFTER the drug's patent expired??!! by backslashdot · · Score: 4, Interesting

    Insulin is cheap to make. You can do it with less than $100k of equipment bought new or slightly used. Insulin can be produced using bacteria grown in bioreactors â" and they have a good yield. Iâ(TM)ve seen it being made, and understand the entire process. The problem really is the market entry requirements.

    The microprocessors being used in computers today are much more advanced and require far more capital intensive manufacturing equipment than what was used 2 decades ago â" yet the cost has reduced. There is even a DIY Open Insulin project of people making their own insulin. The insulin we have today has changed only slightly over the years (donâ(TM)t buy any BS that itâ(TM)s dramatically better), but the cost has skyrocketed. Obviously some nefarious force other than laissez faire competition is at work.

  18. Re:Not in Florida by HornWumpus · · Score: 2

    The difference between a mobile home and a prefab is 15 minutes with a cutting torch.

    In 'no-mobile homes' areas, they cut the axles and trailer hitches off. Instant legal 'prefab'. But building codes still exist.

    Better prefabs do exist, but at the low end prefab = (mobile home - wheels).

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  19. Re:How Turing blocks drugs bioequivalent to Darapr by BronsCon · · Score: 2

    the necessary bioequivalence studies require a sample of the existing medication provided directly by the company, and not simply purchased from a pharmacy, which Turing could decline to provide.

    Well that's fucking bullshit. For starters, a sample provided by a pharmacy is less likely to have been tampered with than a sample provided by the manufacturer to a competitor. The second point I would make is already made in the quote; a pharmacy is less likely to decline the purchase.

    I did not know that was the case but, now that I'm aware, certainly hold the position that it should be changed. That's clearly a bought law.

    Mylan still holds patents related to EpiPen...

    Mylan is run by a group of absolute scumbags. I very much enjoyed the look of terror on Heather Bresch's face as she testified before Congress last September. I watched the whole thing; it's the first time in my adult life I've intently watched CNN. For the record, though, generic adrenaline autoinjectors are available, FDA-approved, and considerably cheaper than the EpiPen. If you have insurance, the generic may not be on the company's formulary; but, then, you have insurance and should only be paying your copay for prescriptions, anyway. If you don't have insurance, or your insurance won't cover the EpiPen, you can have your doctor write the prescription for the generic.

    The only places you'll see the "approved device" issue come up are schools and other government-run institutions, which already get them for free (or at cost) through a Mylan-sponsored program. In that case, you can't really complain about the price of the name brand, as nobody could undercut them in the first place. While I still think Mylan are complete scum, I'll chalk that program up as something good they've done, at least as long as sugh institutions are legally bound to purchase only from a pre-approved list of name brands.

    It's like in 1997 when the FDA banned Seldane (terfenadine) in favor of its successor Allegra (fexofenadine) the same month the generic for terfenadine was due to come out.

    Now that just reads like a conspiracy theory once you read up on the actual history of terfenadine.

    That's not to say none of what you're alluding to actually happens -- I'm certain it does -- but you've chosen extremely poor examples. You chose a drug with a generic available and a drug pulled over legitimate safety concerns.

    The fexofenadine patent expired in 2001, Allegra is still on the market and there are generics for it. The real story is that the manufacturer attempted to suppress the release of terfenadine generics by claiming that they infringed on the fexofenadine patent because fexofenadine is the active metabolite of terfenadine. That's right, they claimed that people taking terfenadine generics were violating their patent by manufacturing fexofenadine in their bodies; of course, this also meant that people taking the name brand Seldane were doing the same, but I'm guessing they didn't stop to consider this.

    --
    APK quotes people (including myself) without context and should not be trusted. Just thought you should know.