Carlyle Group Mobile Home Parks

Private equity firms like the carlyle group absolutely love to invest in mobile home parks, because they have a captive group of people that they can completely exploit. Individuals who own mobile homes do not own the land that their mobile homes sit on. And as a result, they have to pay rent in order to rent that land to place their mobile home. If the individuals owning the mobile homes want to move, it's actually incredibly difficult toDo so cost tens of thousands of dollars. Most homes aren't considered real estate. They're considered personal possessions that depreciate in value. No one really wants to buy them, unless they're willing to take a massive loss. It ends up putting