Mobile Homes the Key to Affordable Housing?

What is happening? 20 million Americans live in mobile homes. That is more than all of public housing and federally subsidized rental housing combined.

Why is this important? Urban Planning inning Scholars are saying that mobile homes are a viable solution for affordable housing. “California Gov. Gavin Newsom has called for increasing state funding to preserve manufactured housing parks as affordable housing. The U.S. Department of Energy recently adopted more ambitious efficiency standards to reduce energy costs for residents of manufactured housing.”

How will this be important? “Private equity investors, pension funds and sovereign wealth funds are buying up manufactured housing parks, which they view as reliably profitable investments. ” Watch the pieces fit together.

Governing | Can Mobile Homes Help Solve Our Affordable Housing Dilemma?