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Anonymous, Huntington Beach
While I live in a park still owned by a family, mobile home communities (MHCs) around me are being bought by hedge funds and investors whose only interest is in how much profit they can squeeze out of the MH owners. The park owners jackknife the rents and quit investing in the parks. I empathize with these MH owners.
I may be in the same situation in the future. When I bought my mobile home, I was better off financially.
The death of my former husband caused the loss of half of my income. I pay for my mortgage, rent for my MH space, utilities, house insurance, property taxes, maintenance & upkeep. This amounts to 60% of my income. I used to be middle class. Now I'm classified as low-income. If my rent skyrockets or my MHC is sold, I'll have to move -- but where. Housing is expensive everywhere and my daughter can't support me financially. She can't afford to buy a house either. This is causing me a lot of worry.
While I live in a park still owned by a family, mobile home communities (MHCs) around me are being bought by hedge funds and investors whose only interest is in how much profit they can squeeze out of the MH owners. The park owners jackknife the rents and quit investing in the parks. I empathize with these MH owners.
I may be in the same situation in the future. When I bought my mobile home, I was better off financially.
The death of my former husband caused the loss of half of my income. I pay for my mortgage, rent for my MH space, utilities, house insurance, property taxes, maintenance & upkeep. This amounts to 60% of my income. I used to be middle class. Now I'm classified as low-income. If my rent skyrockets or my MHC is sold, I'll have to move -- but where. Housing is expensive everywhere and my daughter can't support me financially. She can't afford to buy a house either. This is causing me a lot of worry.