Mobile Homeowners Unite

If you own stock in Equity Lifestyle Properties then your probably doing ok , but at what cost ?? Equity Lifestyle Properties stock is rising but the reasons are not what most people know. Equity Lifestyle Properties have been increasing their lot rents at all mobil home parks acrossthe country. Many seniors are being forced to sell their homes. They have changed the status of their 55+ mobil home parks to age qualified without notifying the residents who bought homes in these retirement communities just to be forced out because they can no longer afford the rapidly increasing lot rents. Equity Lifestyle and MHvillage are comparing condo, apartments, and rental homes in the area to assess the market value in Pinellas County Florida and probably everywhere but theres one major difference between mobil home parks and the rest. We own our homes so they are not providing us with livable space as would be the case with a apartment a home or a condo. All we get from MHvillage is a very small plot of land that our home sits on and our property tax is paid by the residents so how can their comparison with a condo,apartment,or home be a fair and accurate assessment. Ask yourself this. Would you continue to by stock in the company if one of your loved ones was being forced out so a billionaire like Sam Zell could make another billion. That’s exactly what is happening. We all want to make money but at what cost ???