Saving Money with a Manufactured Home

Recent data from the Census Bureau’s American Housing Survey shows that people living in mobile homes spend far less on keeping up their homes than do residents of stick-built homes.

America’s infatuation with home-ownership didn’t include much interest in getting people into manufactured homes. It was an exception to a larger gospel about home ownership. With the best of intentions, many housing experts encouraged low-income households to build assets by buying a home.

More than any other factor, “experts” didn’t get on the manufactured housing bandwagon because of one thing – a perception that mobile homes do not appreciate in value.  There’s probably more than (more…)