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by ari_ 4040 days ago
I have been to boot camp. I speak to a lot of mobile home park owners. When frank talks about raising rent, it's typically because the parks are mismanaged by people who don't know what they are doing. In areas where there are multiple parks, rents hit a plateu because of competition.

The other issue, not mentioned here, is that it's really hard to build a new park. No city wants them so they won't allow them. Effectively there is a cap on supply and demand is growing.