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Inside the mobile home park business


Stashed in: Wealth!, Warren Buffett, Awesome, America!, economics, Poverty, Homeless, Housing, nyt, Tiny Homes, Manufactured Homes

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Disturbing sneak peek into one of the burgeoning industries catering to the growing income inequality of America. Investment bankers, Silicon Valley executives, even Warren Buffett himself are making money on the trend. Semi-ironic bottom line: if you want to make money catering to people who have nowhere else to go, you can't be sentimental... but you also can't be a slumlord.

In a lot of cases the communities are no longer called mobile home parks.

This reflects the growing trend toward manufactured homes, which are not mobile at all.

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