Over 100,000 US mobile home sites were estimated to be owned by large firms in 2019. have become an attractive investment for financial firms such as Carlyle Group, Apollo Global Management and TPG Capital. Homes are often permanently installed on foundations, however, in certain circumstances, residents may not own the land their homes occupy. These can be gated communities with amenities, such as swimming pools, clubhouses and onsite maintenance. Generally, at least one homeowner in these communities must be age 55 or over, and those under age 18 are rarely permitted to live there. Retirement communities exist in many locales that permit mobile home parks as "55+ parks" in keeping with the Housing for Older Persons Act (HOPA). as "mobile home parks" or " manufactured housing communities", the stereotypes are often just that. During that decade, REITs, private equity funds, and middle-class people looking to escape the corporate world bought them up from small mom-and-pop owners. Trailer parks became viewed as a valuable asset in the late 2010s. Though trailer parks appear throughout the United States, they are often associated with the Deep South and rural areas. Many stereotypes have been developed regarding people who live in trailer parks, which are similar to stereotypes of the poor and the term trailer trash is often used as an adjective in the same vein as the derogatory American terms white trash or ghetto. The negative perception of trailer parks was not improved by the creation of emergency trailer parks by the Federal Emergency Management Agency (FEMA) for the displaced victims of Hurricane Katrina, the quality and temporary nature of which was disputed. By country New Orleans in 2006 after Hurricane Katrina: A park in an unflooded part of town became the site of a FEMA trailer park for people whose homes were damaged or destroyed. However, most modern manufactured homes are built to withstand high winds, using hurricane straps and proper foundations. Tornadoes and hurricanes often inflict serious damage on trailer parks, usually because the structures are not secured to the ground and their construction is significantly less able to withstand high wind forces than regular houses. Despite the advances in trailer home technology, the trailer park image survives as evoked by a statement from Presidential adviser James Carville who, in the course of one of the Bill Clinton White House political scandals, suggested "Drag $100 bills through trailer parks, there's no telling what you'll find," in reference to Paula Jones. Trailer parks, especially in American culture, are stereotypically viewed as lower income housing for occupants living at or below the poverty line who have low social status. Advantages include low cost compared to other housing, and quick and easy moving to a new area (for example, when taking a job in a distant place while keeping the same home). This area is now a gated community with new housesĪ trailer park, caravan park, mobile home park, mobile home community or manufactured home community is a temporary or permanent area for mobile homes and travel trailers. Temporary or permanent area for mobile homes A mobile home park in West Miami, Florida 1958 photo of Zimmer trailer in a trailer park in Tampa, Florida.
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