General Question

JackAdams's avatar

Do you feel that "The Great Depression II" will be a boon for the pre-fab and mobile home housing industry?

Asked by JackAdams (6574points) October 13th, 2008

I expect to see trailer parks and mobile home (trailer) sales skyrocketing, along with folks living in RVs, because if you purchase the right one, you can have a semi-decent place to live, albeit perhaps a bit more crowded than a conventional house.

Also, if you have a house with wheels under it and the land upon which it sets is foreclosed, you just tow (or drive) it to another location.

Your thoughts? Someone has to financially benefit from the misery of others, right?

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7 Answers

GAMBIT's avatar

I hope it doesn’t come to that but if it does I will down size as much as possible. My father told me once that survival comes down to three things food, shelter and clothing. You can choose to live in a mansion or a tent. You can eat caviar or hot dogs. It is up to you. I hope to be able to stay employed and as long as my wife and daughters are safe I believe we can make it through if things get worse.

jvgr's avatar

Looking for the next bubble eh? (good idea)

I don’t think mobile home/trailer parks will skyrocket. The location and use of these housing alternatives are too tied into local zoning codes, and with house prices falling as dramatically as they have, I think most would prefer a non-wheeled house and the foreclosed people are generally out of cash, so rental’s will be their first stop.

However, the live-in smaller vehicle (pick-up with camper/camper van/ 5th wheel are good possibilities)

I think for the longer term, the best bets are:
Alternative energy
Food (not agribusiness)
and I think small will be the new big.

The cost of operating a house will just rise (good for alt energy), and I think (finally) that people will come to their senses and start buying homes that are smaller and more spatially efficient, which means home furnishings need to start manufacturing smaller furniture (which some local companies are now doing).

Any other thoughts you have would be appreciated.

SoapChef's avatar

Due to econoomic reasons, my husband is having to take a job in the midwest. I am staying here on the west coast in our home, as per our two year plan. He will be living in our restored 1957 Spartan Royal Manor. If it comes to this, I hope people see the value, quality and conservation in choosing a vintage trailer. They were considered the cadillac of trailers in their time and the fact that there are so many remaining intact is a testament to how well they are built. As opposed to new manufactured homes/RVs they have style and they have soul. They have beautiful solid birch wood walls, steel frames and aluminum skins. They are a kick in the pants to restore and I outfitted it with vintage dinnerware, furniture etc.. We have always wanted to find a piece of land to put it on for a vacation place. It has always been in the back of my mind that we could always live in it if times get tough. Here is a link to see some of these beauties.
http://www.spartantrailer.com/

MarcIsMyHero's avatar

@ jack, Someone is benefiting from the misery of others. Actually, many are: the international bankers and the war profiteers.

jvgr's avatar

MarcIsMyHero: There is a difference in taking advantage of an opportunity that exists and creating a situation that disrupts others circumstances just so you can take advantage of the misery.

Malakai's avatar

Absolutely.

deaddolly's avatar

see, than I can live in a trailer and not be trailer trash!!!!

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