The Cost of Not Going Co-op
At most landlord-owned mobile home parks, residents live in a property owner’s fiefdom, with no control over how their community is managed. While residents usually own their homes, they must pay rent on the land that the home is on, and face annual unfettered rent increases with not a semblance of tenant protection. Despite their name, many mobile homes are often immobile after sitting in place for a few years; any attempt to move them could potentially lead to major or even complete structural damage.
Cooperative ownership offers a way for residents to not only have a say in their community’s decision-making, but also to prevent rent hikes and keep their housing costs affordable. Compare the space rents in two California parks over 27 years: Leisureville, which residents purchased and transformed into a cooperative; and Rancho Yolo, a mobile home community where the owner refused to sell to the residents.