Author: Thayer Long
Thayer Long is executive vice president of the Manufactured Housing Institute (MHI) and its National Communities Council. The Arlington, Virginia–based MHI represents all aspects of the manufactured and modular housing industries.
Articles by Thayer Long
- Facts and Figures
Published on August 01, 2010 in Residential/Multifamily
One of the primary challenges facing U.S. urban and suburban governments is the growing need for high-quality affordable housing. Manufactured-home land-lease communities have played a tremendous role in housing Americans and remain the housing choice of many people, whether because of their affordability or the lifestyle they offer. Over 9 million households with 18 million people live in manufactured homes, and 45 percent of manufactured-home buyers earn less than 80 percent of the area median income. In 2009, manufactured housing accounted for 43 percent of all new homes sold for under $150,000 and 23 percent of all those sold for under $200,000. Since 1989, manufactured housing has accounted for 21 percent of all new family homes sold.