Report: Mobile Home Prices Increased 50% During Pandemic — Owners Fear Losing Homes
Manufactured homes have long been a way for lower-income people to become homeowners but now this demographic is also feeling the pressure of rising costs and many fear for their future.
According to data from the U.S. Census Bureau, the average national price for a manufactured home rose almost 50 percent over the course of the pandemic, from $82,900 to $123,200.
The Washington Post interviewed Virginia Rubio, 75, who lives in a trailer park in Washington. Her rent has shot up from $350 to $1,000 a month. She owns the manufactured home but has to pay rent for the land it sits on.
“With an increase like this, I don’t know what we can do,” Rubio said. “We’re all afraid of losing our homes.” – READ MORE
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