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Massive rent increases hit mobile homes

Source: Abha Bhattarai, Washington Post (Paid Registration)

Surging home prices and rents are cascading down to the country’s mobile home parks, where heightened demand, low supply and an increase in corporate owners is driving up monthly costs for low-income residents with few alternatives.

Virginia Rubio has lived in a trailer park in Forks, Wash., where monthly rent teeters around $350. Now it’s shooting up to $1,000. Rubio, a retired home-care aide who lives on food stamps and $860 in Social Security each month, says there’s no way to make the math work. She owns the mobile home she shares with her partner and adult daughter but will soon have to give that up if she can’t afford to rent the plot of land underneath it.

 

Read Full Article: Massive rent increases hit mobile homes

 

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