Rents in Rancho La Paz Mobile Home Park in Fullerton and Anaheim, CA, immediately skyrocketed after it was sold to a predatory owner.
Thank you to everyone who sent a letter to the the CA Housing and Development Committee to pass AB 1035. This bill would create a yearly rent cap to prevent outrageous rent increases from predatory owners. With your help, we’ve sent over 1200 letters!
There’s still time to write your letter! Even if you’ve already written yours, we’re asking everyone to share this with 5 neighbors!
Spanish Translation:
Categories: Local Business, Local Government, Local News
How about some facts, ie: how much have rents been raised, names of the new owners, and the language of the bill, specifically, the amount of the cap.
You are right names should be in every article but most readers have followed this issue in the paper for years since John Saunders and his predatory group bought Rancho La Paz and other mobile home parks and raised the lot fee so much that it caused many mobile home owners to have to sell and move out. Hilariously, the real estate group many of them sold to is also affiliated with Saunders. Saunders also donated heavily to council campaigns in Fullerton and Anaheim in his successful attempt to prevent mobile home park rent control.
To assume most people already know the facts so reporting them is moot is a poor assumption at best and frankly, comes across as lazy and careless. Now you are saying that lot fees were raised so much, but again, without specifics, ie: a dollar or percentage amount. “Reporting” like this goes against the veracity of the article and lessens any impact because it appears to be written by someone who clearly has a dog in the fight. Your earlier reply said that these groups are institutional investors. Suss that out a bit. I’ve read other articles about what is happening to mobile home parks that not only give facts, but different points of view. This one is more along the lines of a “NextDoor” post rather than an actual article.
Those catching up with this local issue that spans years can start with the story linked below and then go on to read the related stories shown under that posting. https://fullertonobserver.com/2019/04/27/rancho-la-paz-mobile-home-park-residents-prepare-to-negotiate-with-park-owner/
This story spans years – those catching up can start by clicking on related stories and then clicking on related stories for that report going even farther back. I tried to add the URL but the system wouldn’t allow that. All the facts are there. Since it looks like a couple people are interested – maybe the Observer could publish a full rehash with all the old details included.
We are all volunteers and community writers. We do this for the love of the community and the desire to inform, discuss, and help make Fullerton better. Thank you for taking the time to critique our reporting.
BTW the guy in the article has two homes, does he increase rent on those people?
first it’s your opinion that they are “predatory owners” and for a news org. to call people names is not good reporting, just report the facts and leave your opinions out
Private equity firms have recently targeted mobile home real estate as a source of exceptionally strong investment returns. A spokesperson for the Lincoln Institute of Land Policy said that approximately one-fifth of mobile home parks (approximately 800,000) have been purchased in the last eight years by institutional investors across the nation. The increase in corporate ownership of mobile home parks has led to a dramatic increase in rent and related costs for mobile home residents, imposing added strains on some of the nation’s lowest-income households, including veterans, elderly individuals on fixed incomes, and families raising children. If this is not predatory, I do not know what is.