Mobile home co-ops make a ton of sense. Get rid of the landlord class and start having community owned properties everywhere.
its a great concept, but a corrupted HOA is likely. Open books would help.
This isn't really an HOA, it's a co-op that manages the properties, that's pretty different from an HOA, because they need to actually do things, and not just nitpick yards.
Regardless, it's still better than a landlord, at least you can vote out the board members.
I mean, they can just not form an HOA while still having people own their land.
Communities already do that. I live in one.
Lot rent is a massive scam and I feel bad for anyone stuck paying it.
Buying one's home, but renting the land it is on never made sense to me. The land is the cheap part of the pair. Either rent both or buy both.
This is highly dependant on location. In cities it's often the opposite.
It's intentionally predatory. It doesn't make sense, because it's a trap you're seeing after it already sprung on someone. John Oliver did a great episode on it
The land is the cheap part of the pair.
This is so weird to read. The appraisal on my home valued the land at about 80% of the value and the actual structure the other 20%.
Mobile homes are very, very rarely in cities where land values are higher than the home values. If that is the case, it is an even crazier idea to own a mobile home on extremely expensive rented land.
Marx was right.
That is almost no money and it's gonna go poof. Too little too late for the mobile home parks the Christian college shuttered in Phoenix in lieu of dorms.
225 million is 225 million more than they have ever had, and it seems like there is an org, Roc USA, that is ready to work with that money to help people organize and take control of there own land.
Is it enough? Likely not. Will it do some good, maybe make traction on the issue so its better nationally funded in the future to help some of the poorest people in our nation? Most likely.
Yeah, no doubt. It's just for a Christian nation we sure give shit all about the least of our people...or did Jesus relieve us of that burden.
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