Yet, despite such facts and examples, MHAction consistently advocates for rent control. They are not alone. MHAction does so in conjunction with other progressive organizations. The pull-quotes below from the MHAction website make the point. See his comments in the report linked below.
And look I recognize the MH business is a more affordable product for — for people, but your land rents have moved up pretty dramatically over the last decade. So, can you talk a little bit about how you are sort of evaluating the landscape today and where you stand? We have 23 properties that are subjected — subjected to mandated rent control. But then, beyond the actual strip rent control, there are states that have regulations around rent increases, like Florida for instance, we operate under the terms of a prospectus and that prospectus runs with the land and governs the annual rent increases.
This actually continues to be an important selling point for our residents considering to buy our properties. And so, in general, in our communities where we have mandated rent control, we see a transfer of the economics from the landlord to the tenant. They really shift the payment from the monthly site rent to a payment for the home.
Summed up, there is a wealth of evidence that would indicate that rent control is a failed long-term strategy. There are MHAction members who have paradoxically said as much. There is only one long-term solution to the problem.
That solution is creating more placement options so that there would be a free market check on the otherwise escalating prices. Namely, rent control? Rent control is one of the topics that have been repeatedly explored and exposed as ineffective long term. So who benefits from rent control? Rent control becomes a regulatory burden for the mom and pop operation. Rent control is a living example of what Carol Roth explained about heavier regulations are the stealthy ally of big businesses.
Implementing the MHIA would mean creating more home sites as options. That would in turn reduce — through free market forces — the upward pressures of increasingly site fees on manufactured home community residents. While there are several examples of this, one is sufficient to make the point. In the ever-growing Houston area, a new community was developed which provided incentives for move in. Those new community move-in incentives could include the hard-costs of relocation from an existing community to the new one.
The point is with new developments, competition exists. The outcome could arguably be the same either way. With that understanding, additional insights and evidence is worth probing. The above sheds light on a keen new tip was provided to MHProNews. As noted, the question was posed to partners Dave Reynolds and Frank Rolfe. Reporter Tim Vandenack from the Standard-Examiner tracked that issue of the Impact Communities related legal action in articles like the one linked here. Reynolds thoughtfully provided two of the court filings, available as downloads at this link here and here.
The New York Times article by Gary Rivlin is still referenced by Frank and Dave in their marketing over 5 years since it was first published. The quote below is from a message of theirs dated 5. But what else did the writer, Gary Rivlin, find in his research about the industry. To see the analysis on that during the original time-frame, see the report linked below.
Note that the understanding of this publication of such issues has evolved since that time, but the insights are still useful. Agree or disagree with the methodology, businessman Donald J. Trump noted well in advance of his bid to be president that bad publicity could be more useful than no media coverage at all.
Controversy sells is a lesson that Frank and Dave apparently learned. In fact, most appreciate it when you do. Indeed, the quote above from Kurt Kelley, J. In Layton, Utah, a lawsuit by Impact Communities against their own residents and a group associated with MHAction and a countersuit by residents was initiated.
Those suits were in time quietly settled. Much could be done to unpack this episode, but for the sake of brevity, a simple point will be made. Was the suit by Rolfe and Reynolds led Impact designed as an intimidation tool against other residents?
Senator Elizabeth Warren MA-D spoke to a meeting of those groups, as is shown in the still photo from a video below. Warren of course was a Democratic hopeful, who finally dropped out to endorse her rival and former Vice President Joe Biden. Those documents from Senator Warren are linked here. Her views on antitrust are examined in a report linked below.
An oddity worth mentioning is that neither the now-suspended Warren campaign for the Democratic nomination for president nor her senate staff seemed interested in applying her own proposal for antitrust action. Warren — in the report shown above — makes an able argument for robust antitrust action.
Which begs the question. Since Senator Warren is well informed on this issue, why has that knowledge not been robustly deployed? Where are the hearings with Senator Warren or others calling on the DOJ or state AGs to use antitrust law against seemingly self-proclaimed monopolists like Rolfe, Clayton and others? While there may be a range of reasons for Warren not publicly teaming up with other Democrats who on paper have complained about the business practices of Warren Buffett led Berkshire Hathaway brands operating in manufactured housing, it is worth mentioning that Buffett allies have contributed to her campaign.
As readers explore the following, keep in mind that some of the tips involve information that if revealed would likely expose the off-the-record source. Thus, a picture will be pieced together using an array of well documented facts. These facts will arguably underscore the allegation that Dave Reynolds apparently denies — i. As was noted above, MHAction has not yet responded to that same allegation, though they had ample time to do so.
Advocate Donald Tye Jr. Readers can discern the value of that keen insight in the report below. Both this firm and the other support candidates that seem to take positions against what the firms do. Another big donor to the Tides is George Soros connected donations. Some 7. With the reminder that the principle of separating the wheat from the chaff must be kept in mind with all people, organizations and things, the following pull quotes from a lengthy interview with Senator Warren is below.
The pull quotes that follow from the full interview linked here dated June 8 are useful in understanding how paltering and posturing works in practice. Note that several of the statements made are accurate or fair descriptors of what occurs in Washington, D.
During writing Dodd-Frank, the financial regulations, do you know that there were former congressmen and top legislative aides who were lobbying?
And what were they lobbying on behalf of? The big banks, to make those regulations as weak as possible. How about if we put in place for the president, for senators, for members of the House, for the heads of all of the agencies, for all of the cabinet officials and for the top aides a lifetime ban on lobbying? MH: Why would people, why would your colleagues in this place, here on Capitol Hill, including your Democratic colleagues, why would they vote for this?
This is turkeys voting for Christmas. EW: So, so the question is: Can we get enough American people to demand that they vote for it? Barack Obama, when he was running for president in , actually raised more money from Wall Street than John McCain, the Republican challenger did.
We know about the Clintons and all of their donors — some dodgy, some not. So would you accept that your party, even when it was in office, is if not more guilty, as guilty?
Nearly as guilty? MH: They [Koch] built an entire echo chamber [of nonprofit groups that supported their interests]. George Soros sadly —. MH: So on the bankers front, we have the Dodd-Frank law, 10 years on from the financial crash, parts of it are repealed in a vote in the Senate: 17 Democrats voted for that; 33 Democrats in the House voted to repeal parts of that legislation. EW: So this all started, supposedly, with community bankers, the small banks.
And they argued that the regulations put in place following Dodd-Frank were too complicated for them. Was it money? Was it the influence of money? EW: They helped make this a riskier system and I think that is a bad decision.
All day long, they said they were there for the community banks, but using the community banks as human shields to be able to get giveaways for giant banks was wrong. EW: I am not running for president. Rephrased, liars and deceivers will often metaphorically hang themselves with their own rope. It is difficult for a public figure to easily keep up with prior deceptive statements. The challenge is that in order to detect deception, one must first be attentive to details and the history of who said what, when, where and why.
Put differently, reporters should do what the classical norms of journalism requires — Who, What, When, Where, Why and How — and then report that as best they can with integrity. For some years, a mixed message was put forth from Messers Frank and Dave extolling the importance and virtues of affordable housing found in the form of manufactured home communities.
Nor was that pro-MHI professional aware of any discussion about applying those rules to apparent violators such as Havenpark, or the firms operated by Frank and Dave. It should be noted that among the firms that intersect with her bio are MTO, with its obvious ties to Buffett and Berkshire.
But there is ample evidence that others involved in manufactured housing have done so too. Our goal is to always meet and exceed your expectations. We look forward to the opportunity of working with you on your next real estate transaction. Hey David - congratulations and on your new career - we think that you will do very well. I have a few books etc left over from my real estate days and would like to pass them on to you.
Let me know if you are interested. Jack and Bonnie. Posted on Wednesday, September 14th, at pm. Sign In Email. Dave Reynolds Office: ext.
Print Share Subscribe. Jack Quist wrote: Hey David - congratulations and on your new career - we think that you will do very well. Jack and Bonnie Posted on Wednesday, September 14th, at pm.
Leave A Comment Your Name. Your Email kept private.
0コメント