Why is the mobile home segment of the housing market so important and yet so maligned by society? The answer is a combination of ignorance, misconceptions, and images from the past where the “trailer trash” notion has been widely portrayed in movies and on television. Realistic vestiges of those images do remain. But today, many mobile home neighborhoods have cleaned up their act, while still providing housing at a very low cost. Without this layer of low cost housing, America would have a much larger number of subsidized renters (or even homeless). Although monthly rental costs for a mobile home vary by quality of location and park amenities, in most markets a family can have a three-bedrooms, two-bath home with a yard for approximately one-half the cost of living in an apartment.
While many demographic trends in America ebb and flow, there are a few that remain constant. One important trend: America is becoming less rural. In the past, both rural and urban areas have grown—urban growth just far surpassed rural growth. Recently, however, non-metro areas in the U.S. have seen the first overall population decrease since these numbers were tracked.
A look at the Numbers
In 1900, the U.S. urban population was just over 30 million while the rural population was just shy of 46 million. The split was 39.6% urban and 60.4% rural. By 2010, the urban share increased to 80.7% while the rural share shrank to 19.3%. For some states, like Texas, this reverse was even more drastic, going from 82.9% rural to 15.3% over the same time.
While the share of rural residents in America has decreased significantly, the number of residents has actually increased… but only slightly. In comparison, the number of residents considered urban has increased exponentially. Put another way, nearly all the growth in this country has been urban.
Does your community have a historic downtown that seems to be neglected? Despite the local history, interesting architecture, and walkable streets, many businesses locate elsewhere. On the surface, it can sometimes feel like a hopeless situation. But many small communities are discovering what works in big cities can work in their little towns, too.
A Little History
The heritage and charm of historic downtowns weren’t enough to sustain economic activity in many small places as economic conditions and consumer preferences changed over time. For many communities, this trend accelerated during the 1960s. Many local businesses were driven under by national chains. Occupants moved out. Rents declined. Eventually, building owners lost the revenue and/or the interest in keeping their properties up to date and in good condition. Sadly, many otherwise attractive buildings fell into disrepair and vacancy. |
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