“When factoring in the median value of a finished lot, the cost of manufactured housing relative to site-built falls to 54% for single-section homes, 70% for double-section, and 80% for CrossMods. As such, we suggest that manufactured housing may be most attractive in markets with lower land costs, but still offers savings regardless of land cost,” said Chadwick Reed of the Joint Center for Housing Studies at Harvard University.
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Biden Administration Reinforces Efforts to Reduce the Homeownership Gap
HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.
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