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Wall Street private equity firms are now buying up American mobile home parks a
This is almost unbelievable. Wall Street private equity firms are now buying up American mobile home parks and skyrocketing rents up to 60% on people
“These communities have become the target of a new kind of landlord, private equity. Private equity firms are increasingly getting involved. Some of the biggest investors in America have moved into this industry. People living at a local mobile home park outraged over the sharp increase in lot rents. Rents were raised by nearly 60%.”
Resident “I worked for 45 years. There is no American dream anymore. All it is survival.”
“Homes of America has gone on a buying spree spending nearly $300 million to acquire 138 parks across 17 states. They've raised rents and aggressively evicted residents.” and that’s just ONE FIRM buying, there are many more
Resident says “I don't know what I'm gonna do. Hope that I don't wake up tomorrow. Death crossed my mind.” She can only afford one more month of rent
How much more will the American People continue to take?
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