Our new report with Private Equity Stakeholder Project and Americans for Financial Reform details private equity convergence on manufactured housing.

Many of the largest private equity and real estate investors in the world, managing more than $1.77 trillion in assets, have bought up manufactured home communities at a rapid pace and raised rents and fees sharply, posing a dramatic new threat to the economic security of millions of seniors, people with disabilities, families, and immigrants in need of low-cost housing, according to our new report.

“Private equity companies and predatory real estate investors are buying up mobile home communities, raising rents, and getting richer off the backs of poor people,” said Sabrina Ramirez, manufactured home resident from Palo Alto, California.

Read the report here.

Leer el informe en español.