Mobile Homeowners Unite

Ask yourself if the 40 cents a share annually is worth what senior citizens are going through for you to make that dividend.

The CEOs of Equity Lifestyle Properties pay themselves millions a year in salaries and bonuses while the people they are stealing from can barely make ends meet and some cant at all. The people whose money they are using to make millions, the investing public, the guy whose trying to save some money to send his kid to college barely makes 40 cents a year per share if they are lucky.

Marguerite Nader made 4 million dollars last year and thats what we know about, the rest of Equity Lifestyle Properties board of directors all make 1/4 of a million dollars a year while hundreds of senior citizens across Florida were either evicted or gave up their homes to Equity Lifestyle Properties because they could no longer afford to stay. ELS came in under the darkness of Covid 19 and started raising the lot rents , and doubling the normal 3 to 4 percent , pillaging millions of dollars in pass thru fees literally overnight, and getting away with it because thousands of people were dying at the time. A pass through fee is when you buy a mobile home in a park and its current lot rent is 600 well now when you buy it , the lot rent is going to go up 100 bucks, just because they can get away with it, but they call it a pass thru charge. This is Equity Lifestyle Properties.

Its no joke, this is happening across the state of Florida daily and other states as well and it’s not just ELS. REITs have gobbled up just about 85 % of all existing mobile home parks across the US and Canada.

The laws in Florida are very favorable to these companies which is why they prey on the senior citizens. Senior citizens from across our country and Canada came to Florida at a time when no one else really wanted to. Housing and rents were cheap the weather was nice and retirement communities flourished. Senior Citizens made Florida what it was and these greedy investment trusts with leaders like Marguerite Nader have made it what it is today. I find it very concerning how no one else is seeing what is going on or maybe our country is so backed up with problems that help just hasn’t gotten here yet, but we’re not waiting any longer. We will fight these abusers through social media platforms, by banning together as one voice to let our political leaders know that if your not concerned about these problems, your not getting my vote.

So stop investing in companies like Black Rock ,Vanguard,Wells Fargo and others that are stealing from your constituents. Ask where your money is going to be invested, and say no to companies like Equity Lifestyle Properties or those who invest in them

Find out the truth and visit us on Facebook @ We the people getting screwed by Equity lifestyle properties and follow our blog @ Mobile Homeowners Unite. Org