Experts take a deep dive into the historically stable assets class, and offer their predictions, in the sixth installment of our outlook series.
The manufactured housing industry has been on an upward trajectory in the past decade. Drawn by the strong and stable income manufactured homes communities, an increasing number of institutional investors and owner-operators have been diving into the segment. And during periods of economic uncertainty, this asset type is very resilient because it provides a much-needed affordable housing option.
“Mobile home parks are historically a recession-proof asset due to the shortage of affordable housing across the country,” Kevan Enger, partner & manufactured housing director at Capstone Cos., told Multi-Housing News. “It does well in good times and even better in bad times when there is more demand for cheaper housing options.”...
“Mobile home parks are historically a recession-proof asset due to the shortage of affordable housing across the country,” Kevan Enger, partner & manufactured housing director at Capstone Cos., told Multi-Housing News. “It does well in good times and even better in bad times when there is more demand for cheaper housing options.”...
RSK: Not only as an investment but possibly as a first time home purchase option for many to get into home ownership instead of renting...
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- - Volume: 11 - WEEK: 7 Date: 2/14/2023 7:22:16 AM -