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   RM> And some modular home parks (like big trailers without wheels?)   
   RM> sell for from not much over $100,000 to $200,000 but you lease the   
   RM> land and the value is in the location. If the place closes down you   
   RM> virtually lose it all. You'd be lucky to get $15,000 for the home,   
   RM> which would have to be moved.   
      
   KW>I've heard more and more stories about parks being sold out from under   
     >the tenants, and tenants buying the park and turning them into a co-op.   
     >Great idea, I hope it works out for them.   
      
   Usually that happens in parks that are close to bigger cities up here   
   and they are making probably millions a year on the lot leases, and   
   then get an offer from a builder so high that it's worth it for them   
   to sell instead, but that same situation usually makes the value of   
   the land too high for the residents to buy - keeping in mind that   
   those places tend to draw lower income people in the first place.   
      
   KW>Housing has been the primary means of the middle class accumulating   
     >wealth - and people still assume values are going to rise.   
      
   They keep rising, with a few bumps, but they used to do it a lot more   
   slowly and reliably. Prices in some areas here have dropped by 20% to   
   30% in the past 2 to 3 years after the big increase earlier.   
      
   KW>If the prices   
     >drop across the board, you're going to get a lot more underground   
     >mortgages, more foreclosures, and more investment banks buying   
     >single-family homes to drive the price up - which should be illegal.   
      
   Yes, that sort of thing actually bankrupted a lot of banks in the USA   
   a few years back. Our banks in Canada are bigger and generally better   
   protected and maybe more conservative so we rarely see big problems   
   with them, not that a few haven't had a few bad years now and then.   
      
   ---   
    * SLMR Rob  * Oh yeah? If you're so smart, why don't I understand you?   
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