Podknife - Investors drive up rents in mobile home communities, squeezing residents by Soundside

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Investors drive up rents in mobile home communities, squeezing residents

Podcast |: Soundside
Publisher |: KUOW
Media Type |: audio
Podknife tags |: News & Politics,; On The Radio,; Seattle,; Society & Culture
Categories Via RSS |: Daily News,; News
Publication Date |: Sep 05, 2023
Episode Duration |: 00:18:05

Mobile home communities are one of the last options for affordable housing. The average price for a new home in the United States is $540,000. A manufactured home, aka a mobile home, sells for $123,300.

That’s according to the Census Bureau and HUD, but a recent trend in mobile home communities in the Northwest is making it harder for residents to afford to stay in those parks: Investors are purchasing and centralizing communities… and in the process, driving up rents.

We can only make Soundside because listeners support us. Make the show happen by making a gift to KUOW:

https://www.kuow.org/donate/soundside

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