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To: GVgirl
On the other hand, the quality of constuction in manufactured homes has improved dramatically in the last 10 years. Appreciation on new homes is nearly at par with stick-built in CA. Time will tell how the newer homes eventually compare in equity to the stick-built ones.

Then Michigan is an anomaly. Mobile homes are selling but they don't appreciate. Its taken this long for prefab/kit houses to catch on, and even now they don't sell as well or at as high a price as a stick-build.

My problem isn't with the trailers, per se, its with the way they are taxed (or NOT!) in Michigan. One of the reasons communities fight new parks so hard is they're only paying $36 a year in state and local taxes which include police, fire, water, schools, etc. These damn parks suck communities dry, then leave those who pay real property taxes with the bills. There has been legislation to try to raise the fee to $50 a year and it didn't pass.

35 posted on 10/10/2004 2:46:59 PM PDT by Kieri (Farscape Returns on Sunday, October 17th at 9PM ET!)
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To: Kieri

Stupid question time, don't trailer parks have to pay business
property taxes also, eg. like the big three, any other business.

That's what my wife boss said when this came up this year.

Yes she does work at a Trailer Park. 11 mile and Dequinder.


36 posted on 10/10/2004 3:07:41 PM PDT by Springman (Sen. Kerry, if things are so bad, I shouldn't be working overtime right!!)
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To: Kieri
My problem isn't with the trailers, per se, its with the way they are taxed (or NOT!) in Michigan

The taxes are a situation in CA too.

That park situation sounds like it needs fixing. Are they assessed as commercial property?

Owners of manufactured homes in CA get a break on their property taxes almost by accident. In a typical situation for manufactured home construction, the land is purchased then assessed. The property is not reassessed when the manufactured home is added. The home is assessed at the recorded dealer invoice price. If a stick built home were added, the entire property is reassessed. I have seen this gap in the expected use for manufactured homes cut potential property tax revenues up to 1/3.

38 posted on 10/10/2004 11:17:06 PM PDT by GVnana (If I had a Buckhead moment would I know it?)
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