Opinion: Mobile home park residents will suffer if rent is capped

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Opinion: Mobile home park residents will suffer if rent is capped
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Opinion | 'If park owners can no longer afford to operate, they may be forced to sell or close, putting this affordable housing option at risk. The average mobile home rent increases are far below increases in other types of housing options.'

Editor’s note: This opinion column was published in The Denver Post as a pro/con withManufactured and modular housing offers a unique solution to the affordable housing crisis. Unfortunately, House Bill 1287 unfairly targets mobile home park owners and applies rent control to the land in mobile home parks in Colorado, putting this affordable housing option in jeopardy.

Rent increases allow park owners to continue to operate their properties in a professional manner which allows them to continue to provide a variety of amenities and keep up with necessary repairs. Furthermore, the average mobile home rent increases are far below increases in other types of housing options. According to the Common Sense Institute, inflation rates have risen in the Denver metro area to 7.9%. But even amid inflation, mobile home rents remain affordable.

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