The Vultures' Feast: Billionaires Devouring Mobile Homes
Did you know that approximately 22 million Americans live in mobile homes? Mobile homes have long been one of the most affordable types of dwelling but, because the homes are usually situated on rented land, mobile homeowners suffer from a unique type of housing precarity. Mobile homeowners are often low-income, with less access to infrastructure because trailer parks are situated outside of urban areas. Cue the vultures: While private equity and other real estate investors have lon...