Can Colorado keep mobile homes affordable?

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As corporations gobble up mobile home parks and raise rent at rates that many cannot afford, Democrats in the state are working on a bill to cap rent increases.

Heather Malone and her family were priced out of the apartment market in Golden 10 years ago, so they moved into a mobile home park.

Now Malone is forced to think about getting another job — perhaps at a grocery store, to get extra cash and a discount on food. It would mean seeing her children less. Another rent increase, even a small one, could mean her family will need to go elsewhere. Critics warn heavy-handed regulation could produce unintended consequences, causing park owners to sell their properties or kick out tenants to build more lucrative apartment buildings. Industry experts say the legislation, as drafted, would vault Colorado into the upper tier of states trying to preserve mobile home parks as an affordable option during a nationwide housing crisis.

Colorado would not be the first place to see rent stabilization for mobile homes – these statutes exist infirst to implement statewide rent controlDemocrats control both chambers of the Colorado legislature and decide what passes and fails. Some version of this bill is nearly assured to pass, but the big question is whether its more controversial and impactful provisions — capping rent increases, namely — will survive a coming onslaught of proposed amendments.

 

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THE company that bought Golden Hills is subject to alleged various lawsuits - the most recent coming out of Fresno California where it’s alleged that they’ve harassed a mobile home park community which are basically comprised of farm workers - WHO ALLOWED IT? PASS HB22-1287

THE STATE MUST PASS HB22-1287 Or in 10 years you’re going to see Colorado turn in to another San Francisco ….to another downtown LA-really Colorado is that what we’re shooting for these days PS: AND not too sure who Tawny Peyton 🙄🤢 is-But talk about unclear on the concept!

… because quite frankly we’ve seen how California as of late has handled their housing scene🙄….. And now they want to come into our state and pull the same shit show-WHO ALLOWED THAT

Thank you for this article. It’s important to know that what is happening here is due to the fact that a California company has come in and bought that mobile home park-That’s right Colorado now California’s here taking away your right to a decent way of living-WHO ALLOWED THAT?

Capping rent will only reduce the availability of affordable housing.

They should look at capping number of single family homes giant corps can buy like BlackRock as they’re creating an artificial limit in supply, driving up rents, and inflating the 2008 bubble all over again, except, this time, they can’t lose b/c they own and won’t default.

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