Quote:
Originally Posted by northcrunk
Not whining, just telling it how it is. Seems the city sees them as undesirables they want to kick out of town. Personally my sister and brother in law are getting screwed as they purchased their house 10 months ago and another newlywed couple just bought 8 months ago (2 units were sold this week alone). They we're looking forward to actually owning a home instead of renting and the mobile home came up as they were looking for a rental after the flood (which there was slim to none available) . Instead they get financial hardship from the city.
As for me, I'm fine, I've got a big house and a good paying job. Not everyone is as fortunate though and mobile homes provide a good place for young couples to build equity to get into something bigger and low income seniors a place to call home.
As for the park, the residents were promised by the city that they would be moved and all of a sudden they pull the rug out and tell them your s.o.l and go find your own place to move the park. My sister will be fine but the seniors in the park will have to end up losing the values of their homes (as mobile homes are worthless without somewhere to put them, most end up being given away which is anywhere from a $50,000-$100,000 loss) and will financially cripple anyone in retirement.
Thank you for your helpful snipe comment though, much appreciated.
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If someone was naive enough to buy in this situation, when they knew the park was in an uncertain position, and
didn't get the promises you reference in writing - Then they deserve what they got and I feel little sympathy.
As for the seniors - This was an implicit risk in 'buying' a trailer and then using it on leased land - no different then me buying ikea furniture for my rental apartment, only to have my lease terminated (and we all know you can't move ikea furniture, unless you like sawdust). It's an inherent risk in buying ikea furninture for a rental apartment - same with a mobile home.
This issue for the parkees would be the same if it was a privately owned park and the owner decided to cash in on appreciating land values -except here the city is going above and beyond, giving 3 years notice and financial assistance.
Instead of whining on here and attacking other posters, why not take that energy and use it to educate your family members on getting decision-making promises in writing on things that are important to them.