(StatePoint) As the Boomer population ages and retires, massive
shifts in the housing market are to be expected. One current
popular trend with these older Americans is manufactured housing
in land-lease communities, where homes are placed on leased land
and the overall price of the home is lower than other types of
homes. And many of these communities offer senior-friendly
amenities.
Only 13 percent of San Francisco households can afford to pay the
nearly $7,000 a month in housing costs for a median-priced home
here, according to recent analysis by Paragon Realty.
“By definition, half the homes sold in any given county were at
prices below the median sales price, i.e. there were
numerous homes that were more affordable than the
median prices used in this analysis,” said the report. “However,
any way one slices it, the Bay Area has one of the most
expensive— if not the most expensive—and least affordable housing
markets in the country.”
BY JIM MILLER AND ANSHU SIRIPURAPUAUGUST 18, 2016 2:29 PM
Attempts to craft an end-of-session affordable housing package
are “dead” for the year, Assembly Speaker Anthony Rendon said
Thursday, saying there continues to be intense opposition to Gov.
Jerry Brown’s proposal to relax local land-use rules in return
for $400 million for housing projects.
WESTERN MANUFACTURED HOUSING COMMUNITIES ASSOCIATIONAugust 17, 2016
Demand for new housing is at an all time high and new housing
construction is not keeping pace. Government regulations are also
to blame. It can account for up to 30% of the cost of a new
home. Now is the time for real and meaningful solutions.
WESTERN MANUFACTURED HOUSING COMMUNITIES ASSOCIATIONAugust 17, 2016
Did you know millionaires are eligible for rent control housing
in California? Yes, it’s a fact. Rent controlled mobilehomes are
NOT means tested. This is why some waterfront mobile homes are
selling for over $4 million in Malibu, California! This really
underscores how misdirected some public policy can be when trying
to find real solutions to California’s housing crisis.
By: Michael Hiltzik - Contact ReporterAugust 12, 2016, 8:40am
Kate Vershov Downing is a lawyer working for a Silicon Valley
technology firm, married to a software engineer. But even with
two good jobs in the household, she’s been driven out of the Palo
Alto housing market, where the home she rents with another couple
costs $6,200 in monthly rent and would cost $2.7 million to buy.
By Will Houston, Eureka Times-StandardPOSTED: 08/09/16, 10:51 PM PDT
“This rent control creates an initiative that will punish us for
being compassionate, for having our rents so low, for being
considerate,” he said. “This is really going to affect the future
of our park.”
Editorial is from the Los Angeles TimesJuly 25, 2016, 12:05AM
One of the last big fights of the legislative session is over
housing construction, and the fallout could be significantly
fewer new homes for low-income Californians.
The Jisser family, who owns the Buena Vista Mobile Home Park,
want to close the facility. But as a condition of closing, the
city of Palo Alto requires the family to pay $8 million to the
400 or so residents who would be displaced.
The idea of rent control is simple and very appealing to renters.
Your rent can never go up as long as you stay in the same rental
property. But, this government price control program actually
hurts the very people it is intended to help (like many liberal
policies).
In recent weeks, fears mounted among low-income seniors who live
at Flamingo Mobile Home Park — the senior trailer park tucked
into Santa Barbara’s Eastside — as news of an impending
sale spread.
