06/18/2024
To pave or not to pave, to reroof or what?, to add a firepit or go to a park instead ... on and on. HOMEOWNERSHIP is 1. freedom, and 2. nothing but an expense! There always seems to be 'something' going off the rails - even though 'you' have a perfect life! Remember - fix your house up and the taxes WILL also go up! This sounds like gloom or doom what a choice!
Noone reasonably wants their home to appear to be a slummy place. Recalling when Alliance, Ohio was a manufacturing community - without manufacturing - no town (that actually almost came to be - when the only thing that preventing it was manufacturing!) Today we have 'more options' right? Fastfood, megagroceries, national gyms, and smokestackless manufacturing. We also have 'the service economy' of hospitals and healthcare, and education. The complete loss of the root manufacturing base of this town has not resulted in a great deal of decline - but it has resulted in zero growth!
So, we live in a fiscally unrefined economy - spending does not match revenue and happens even when there IS NO revenue - as if a high stakes game of chance was in play and the player had 'the blood' and just could not pull away! Remember, there ALWAYS is someone with resources but are they here?
So, what is happening? Today the great wave of Reagan-era growth is the takeover of mom and pop trailer parks (KNA Mobile Home Communities) by Equity companies. These vehicles are permitted to buy 'anything' when the 'only' connection to the purchase is an asset - be that revenue generation or land! Revenue generation is one way to get rich - this is 'typically' Warren Buffett (Mr. Tentpants). he purchases cash-rich companies, then uses their cash to buy other cash-rich companies. Nice racket! Of course when you strip cash from a successful operating business changes must be made - and that most often results in 'lost jobs'!
The 'new and different' way is to buy land. Hey, wait a minute - that very thing happened in fastfood! Mom and pop hamburger stands slowly were driven out by an organized corporation. Once the field was leveled the corporations went after 'regular' land and expanded exponentially. And they therefore made a lot of money! What do these corporations spend the money on? Well, things like advertising, facility upgrades, and executive salaries. Note - Dave Thomas was THE EXCEPTION! At least he did spend hours of his day behind a counter at one time. Most of the highly paid fastfood executives are good at one thing, and that is why they are where they are - F*c*ing anything or anyone they meet! Director boards love being whipped and spit on, so they pay these psycho's more each year (at least THEY don't have to be the one on the plastic sheets).
Okay, Mobile Home Parks have become 'prime real estate' for these 'equity' organizations. They are buying land not residents! Think, when mom and pop owned the dogpatch they 'broke even' once the number of residents went over a certain number. The equity corporations do not worry about residents - they want only money! The old story of the shipwrecked sailor on a desert isle in the Pacific with NOTHING except a trunk full of $500 bills! He can't eat money, can't sleep in the money, can't spend any of the money! Because, it is money - only!
So what is occurring is once bought the rent is being jacked-up - as much as 50% or more in some places. Longtime 'below-average' residents unable to pay, are ejected! The promise is there for new higher income residents who no longer can afford the 'regular' housing market (wait - that is jumping ahead!!!) But, that is exactly what is 'going on!'
Look at 'how' poverty was handled in the past. The government moved in - whether it be local, regional, or national. America, Ron Reagan's unending supply of Marine grunts, Clinton's vast landscape of former manufacturing workers, Bush's patriotic hoarde of warriors living with half a body, or Trump's Great Americans - at one time had publically funded poor houses. County Homes!. Oh well, so we have security problems today - even judges of a certain gender got a reprieve just because it is 'nobody's business' what's in their purses. We have so much more 'stuff' today that to live in a set-space like a poor home would not be doable.
But, realistically, why are U.S. Senators debating the plight of Trailer Park residents' futures?
Because we see it happening, it has happened before, and we are now uncomfortable. See, a lowly Angus steer will disappear and become a McDonald's Whopper because of the corporation, but what is to happen to the low-paid, poor resident of the Mobile Home Park now evicted due to a rent increase brought by an equity company?