Welcome to episode 34 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners.Charles Becker is a professor in the economics department at Duke University. Charles somehow convinced Duke University to take a bigger interest in the economics of trailer parks. Why does it make sense for a tenant to live in a mobile home park? Charles has studied the dynamics of the trailer park industry and is here to share his insights in a 2-part interview.
Key Takeaways:
[1:55] Charles is an expert in ‘Trailer Park Economics’.
[2:15] How did Charles convince Duke University that being a professor in trailer park economics was a good idea?
[4:45] Why does it make sense for a tenant to live in a mobile home park?
[10:35] Charles believes (although it hasn’t been proven yet) that well-run manufactured housing parks are likely to be associated with lower crime.
[14:00] Charles talks about the supply and demand dynamics of the mobile home park industry.
[19:00] Mobile home parks tend to have about a 50-year life span.
[19:55] Thanks for listening to the first half of Charles’s interview. Stay tuned next week for the second half!
Mentioned in This Episode:
www.mobilehomeparkinvestors.net
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
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