Thursday, April 13, 2006
Developers Snatch up Trailer Parks
EVERYWHERE, USA - Mobile home parks around the country are being scooped up by developers, depleting affordable housing in many booming real estate markets and spurring states and counties to help residents being evicted. The rising price of land has made mobile home parks a hot commodity and developers are replacing the trailer parks with condominiums, town houses, strip malls and big-box stores. Suburban sprawl has surrounded these communities and now you have a 10- to 15-acre property in a suburban area - then it is an attractive target for developers.
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