Tied to the Trailer Hitch

A few posts ago I commented on a report of institutional investors getting into residential real estate. Before that trend they were into mortgage-backed securities, and we know how that turned out. But now it’s actual property that big money is after, and it’s not just in the luxury market. The acquisitions go all the way down to the lowest rung of home ownership — trailer parks — as covered in a recent article in The New Yorker.

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