Forced to give up their dreams of a “real house,” first time home-buyers set their sights lower, and ex-homeowners muscled out of the market by Covid-19-related job losses have to do the same. The need is great enough that these once-derided mobile homes are now achieving mainstream respectability, according to USA Today – but profit-hungry private equity firms have been buying up stakes in the companies that own these trailer parks for years, going long on the collapse of the American dream.
-Greg