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California

MichMan

(13,954 posts)

11. If the $750k mobile home owner owns the land it is sitting on, sure.

Reply to Hekate (Reply #8)

Sun Jan 12, 2025, 09:40 AM

Jan 12

I understand putting a $125,000 home on a $600, 000 lot. Most however pay lot rent and fees monthly instead of directly owning the parcel.

If you already own the land then, it should only cost $125k to replace the home with a new one that is brought in on a truck. I don't understand how location makes the home itself cost more considering it is trucked in from somewhere else where it is built.

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Highlight:

A Rare Middle-Class Paradise in L.A. Was Swept Away by Flames [View all] question everything Jan 11 OP

Really good read ribrepin Jan 11 #1

Why don't you cross post to General Discussion so more people can see ribrepin Jan 11 #2

How sad for all of those residents in the Bowl. CaliforniaPeggy Jan 11 #3

Middle class? Average cost of a mobile home in Pacific Palisades is $733,464 JoseBalow Jan 11 #4

In that area, a mobile home park would definitely be looked at as middle class. Dem2theMax Jan 11 #5

There are mobile homes in parks near me that sure as hell don't cost $750,000 MichMan Jan 12 #7

Location, location, location. So what's a mobile home cost where you are? And what's the climate like? Hekate Jan 12 #8

If the $750k mobile home owner owns the land it is sitting on, sure. MichMan Jan 12 #11

But many probably bought decades ago, at much cheaper prices. Liberty Belle Jan 12 #6

That's what my parents did. Bought in the early eighties. Dem2theMax Jan 12 #9

Prop 13 in the 70's made it possible for the Buddyzbuddy Jan 12 #10

Prop 13 was a huge mistake. n/t CoopersDad Jan 15 #12

At the time 13 passed Buddyzbuddy Jan 15 #13