Thats the whole point. The alternatives are pretty bad… imagine heading for the gym every time you need a shower.
That doesn’t sound too bad to me…I go to the gym often enough to not mind a few more trips. Might even entice that person to exercise more.
Why can’t these people buy homes such as these? No age restriction.
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- Space Rent: $2,100
That’s the lot rent.
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People are looking though…
Didn’t see that. Changes the whole dynamics. Wonder if it’s fixed or changes with time, like a rental unit.
Theres a bunch of them listed for sale. People trying to cash on returns while the market is still a sellers market.
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these are mobile parks, the house on it depreciates, and land is not yours. What’s to buy?
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I’m not sure the rules. My mom lives in a place like that in Florida. She owns the land. She’d only buy if she could own the land. There the lot rent increases are capped at 5% a year. They were $1,000/mo 10 years ago. 5% a year can be brutal on a fixed income. It was much better to buy the lot, but you can’t do that in all communities.
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