Improving Non-Subsidized Affordable Home Ownership

2014-02-22 - Home Affordability

Affordable Housing and Home Ownership   

See Blog Terms of Use and Disclaimer below.

                                                                                To Inhouse WebSite

IN THE SLOWLY RECEDING WAKE OF FORECLOSURES, AFFORDABLE HOME OWNERSHIP continues to inch along an uneven path. The stubbornly sluggish economy and tighter lending practices have had many opting to rent rather than buy and its a situation that is more than just an interesting phenomenon in housing trends.

Most jurisdictions actively seek substantial levels of home ownership as one significant factor that helps stabilize neighborhoods. In fact, there are numerous benefits to folks owning their homes, not only for society in general but also for the homeowner and the homeowner’s household. In 2012 those benefits were documented through the research and reporting of the National Association of Realtors (

However, this blog article will not recount all the positive attributes of homeownership. And for now, at least, we’ll avoid any debates about taxpayer dollars subsidizing affordable housing (also known as worker class housing) or the bias some affluent neighborhoods may have against worker class housing. Instead, we’ll focus on and acknowledge the value of home ownership that has been and is formally demonstrated in specialized low-income state loan programs and municipal affordable housing projects that are underwritten with tax money in an effort to extend the American Dream to many folks of modest means.

With home ownership being important enough to warrant such governmental affordable home programs, rather than just relying on tax money, especially during anemic economic times, shouldn’t legislators take actions that better ensure private sector affordability whenever possible? It certainly seems the logical and fiscally prudent way to go. And it would free those funds for other needed purposes. Yet, for whatever reasons, some jurisdictions impose taxes and unique regulations on manufactured housing—a viable form of non-subsidized private sector affordable home ownership currently available (see our January 26, 2014 blog posting entitled Manufactured Housing: A Reputation Revisited). So let’s take a look at this situation in New York, our base state.

Manufactured homes here are technically categorized as personal property (chattel), as opposed to traditional “stick-built” housing being real property. The chattel category includes all personal items such as vehicles, boats, tools and all other objects not deemed real property (real estate, land). As chattel, obtaining long-term manufactured home purchase financing through conventional mortgages is a challenge, if possible at all.

Excluding modular homes from this discussion, the cost for a new manufactured home is often thirty percent (30%) to fifty-five percent (55%) less per square foot than traditional housing (depending on the actual location). Hence, for the most part they are inherently more affordable as a housing purchase option.

But that affordability is undermined. Like other chattel, a new manufactured home is subject to sales tax, but unlike other chattel, once the home is installed it is also subject to real property taxes as well. No other form of housing is known to be subjected to sales and property taxes, a factor that makes such housing less affordable.

Further, municipalities have been known to adopt restrictive zoning codes on manufactured homes that frequently prevent them being placed on private parcels. As a result most are placed in multi-family manufactured home communities, which in most cases yield an arrangement where the individual owns the manufactured home but rents (leases) the site upon which the home rests. Such communities are operated under municipal permits that require periodic renewals, sometimes as often as once per year. Each renewal usually entails payment of a fee. Again, other multi-family residences don’t have this requirement or expense, the cost of which is often proportionately passed along to the homeowner through site rent.

And then the entirety of manufactured home communities are subjected to annual health department inspections in order to obtain the required annual operating permit from that department. This permit is in addition to compliance with whatever conditions the building department  may impose in a particular municipality, it carries its own annual fee and yes, other multi-family properties don’t have this annual health department mandate or expense. This cost is also proportionately paid by the homeowners.

Comparatively, in many municipalities if an inspection is conducted in an apartment building the building department typically does it on a particular unit when a complaint is filed or, depending on the involved municipal code, before a new tenant moves into vacant unit.

In the end, the effect of such regulations and tax further reduce the limited purchasing power of folks with modest incomes thereby preventing or making more difficult their ability to be homeowners. In the case of manufactured housing, what should be a significant resource for non-subsidized private sector affordable housing and home ownership is rendered less so.

Considering the favorable aspects of home ownership, removing or restricting barriers to affordability would be a needed change for the better.


Need coaching, training or problem troubleshooting regarding the foregoing or other housing issues? Visit us at the Inhouse Corporation website or contact us at


Blog Terms of Use and Disclaimer: The purpose of this blog is to promote awareness and general discussion of the presented topic. Use of this blog shall be the reader’s agreement this blog is not a substitute for the advice of a qualified professional and each action that may be taken shall be under the specific guidance and oversight and/or performance of a professional qualified in the subject matter. If you have a question or want assistance with a featured or related matter please contact us at (include the blog article title on the subject line). Links, references and credits in this blog are for convenience only and are not endorsements by the author or Inhouse Corporation.

Tags: , , , ,

33 Responses to “Improving Non-Subsidized Affordable Home Ownership”

  1. Georgia Says:

    sure government policies can affect affordability but so does the landlord’s rent

    • Inhouse Corporation Says:

      Georgia — Yes, rent certainly is a factor. However, the issues noted in the affordable housing post show a couple of the expenses brought about through government policy, which expenses are paid with funds raised through rent. Of course, other costs built into the rent also typically include property taxes, insurance, maintenance, professional services (attorney and accountant) management and similar operational costs.
      While recognizing differences a land-lease arrangement creates, the overall point being conveyed is government can help affordability by treating manufactured housing in a manner that better reflects the type of treatment given other housing forms.

  2. Inform yourself across China and Hong Kong Wikipedia Says:

    I need to to thank yoou for this fantastic read!!
    I defiinitely enjoyed ever bit of it. I’ve got
    you book-marked to look at new things yoou post…

  3. Theodore Says:

    When someone writes an piece of writing he/she maintains the thought of a user
    in his/her mind that how a user can understand it.
    Thus that’s why this article is outstdanding. Thanks!

  4. 2014 game league of angels login Says:

    Saved as a favorite, I like your website!

  5. SEO Company Pleasant Ridge Michigan Says:

    I am really grateful to the holder of this web site who has shared this wonderful
    post at here.

  6. Maurice Says:

    I got this site from my friend who told me on the topic of this web page and now this time I am visiting this website and reading very informative content at this place.

  7. Says:

    I’ve been surfing online greater than three hours these days, yet I by no means found any fascinating article like yours.
    It’s lovely price enough for me. In my opinion, if all web owners and bloggers made
    good content material as you probably did, the net will likely be a lot
    more useful than ever before.

  8. Jason hope jawa Says:

    You really make it seem so easy with your presentation but I find this matter
    to be really something which I think I would never understand.

    It seems too complicated and very broad for me. I’m looking forward for your next post, I’ll try to get the hang
    of it!

  9. restaurant stakeout full episodes Says:

    Hey excellent website! Does running a blog
    similar to this require a massive amount work?
    I have virtually no knowledge of programming but I had been hoping to start my own blog soon.
    Anyways, if you have any suggestions or techniques for new blog owners
    please share. I understand this is off topic but I simply had to ask.
    Thank you!

    • Inhouse Corporation Says:

      Glad you like it!
      While we’re not the ones to give writing advice we do suggest you review the articles that share many tips that make blog production much easier.
      Despite a variation here and there, our blog was started with a simple central theme: Plainly relay our story as briefly as possible while keeping articles on point. And yet we find even short articles require commitment and effort. Of course, as with most endeavors, when tasks are enjoyable/ gratifying the related commitment and effort become little more than part of the process — and this is what we have found to be true in our case.
      All the best with your blog!

  10. Says:

    Thanks for finally writing about >Improving Non-Subsidized Affordable Home Ownership | Inhouse Corporation Insights <Loved it!

  11. Cameron Udy Las Vegas NV Says:

    Woah! I’m really enjoying the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s very difficult to
    get that “perfect balance” between user friendliness and
    visual appeal. I must say that you’ve done a fantastic job with this.
    In addition, the blog loads extremely quick for me on Chrome.

    Excellent Blog!

  12. Says:

    Everything is very open with a clear explanation of
    the challenges. It was truly informative. Your site is very useful.
    Thank you for sharing!

  13. mortgage broker career Says:

    Very nice post. I just stumbled upon your blog and wanted to
    say that I have truly enjoyed surfing around your blog posts.
    After all I’ll be subscribing to your rss feed and I hope you
    write again very soon!

  14. taking surveys for money Says:

    Helpful info. Fortunate me I found your web site unintentionally, and I am shoicked why ths twist
    of fate didn’t took place earlier! I ookmarked it.

  15. 10 year mortgage rates Says:

    Quality articles is the main to invite the viewers to pay a quick visit the website,
    that’s what this web site is providing.

  16. Locksmith Providence Says:

    Pretty! This was an incredibly wonderful article. Thank
    you for supplying these details.

  17. Building Inspector's Says:

    I’m really impressed with your writing skills and also with the layout on your blog.
    Is this a paid theme or did you customize it yourself?
    Either way keep up the nice quality writing, it’s rare to see a great blog
    like this one these days.

  18. Martha Says:

    Hi, I do think this is a great blog. I stumbledupon it 😉 I’m going to return once again since i have book marked it.
    Money and freedom is the greatest way to change, may you be rich and continue to help other people.

  19. pub android pixels Says:

    It’s great that you are getting thoughts from this article as well as from our dialogue made
    at this time.

  20. chiropractor Spokane Says:

    chiropractor Spokane

    Improving Non-Subsidized Affordable Home Ownership | Inhouse Corporation Insights

  21. Makeup Shimmery Says:

    It’s a shame you don’t have a donate button! I’d without a
    doubt donate to this brilliant blog! I guess for now
    i’ll settle for bookmarking and adding your RSS feed to my Google account.

    I look forward to fresh updates and will share this
    website with my Facebook group. Chat soon!

  22. getting mortgage approval Says:

    getting mortgage approval

    blog topic

  23. Says:

    I think the admin of this website is actually working hard in favor
    of his website, as here every stuff is quality
    based stuff.

  24. Russel.Poseyville Says:

    Tema sense igual, és molt interessant per a mi))))

  25. Vern Says:

    Woah! I’m really digging the template/theme of this blog.

    It’s simple, yet effective. A lot of times it’s tough to get that
    “perfect balance” between superb usability and appearance.

    I must say you have done a very good job with this. In addition, the blog loads super
    quick for me on Internet explorer. Outstanding Blog!

  26. online Says:

    Everyone loves what you guys are usually up
    too. Such clever work and exposure! Keep up the wonderful works guys I’ve incorporated you guys to
    my blogroll.

  27. woh kya hai Says:

    Helpful information. Lucky me I discovered
    your web site accidentally, and I am shocked why this
    twist of fate did not happened earlier! I bookmarked it.

  28. Says:

    Right through the retail, residential, hospitality, commercial towards
    the industrial sector, each sector may be flourishing with industry specific infrastructures
    with further added amenities and facilities. Excess
    of land, cheap flats and feasibility made the belt of Kandivali to Virar among
    the most preferred destinations. The job is not as easy as it sounds; firstly,
    they are going to inspect your house and evaluate the price it is possible
    to quote inside market.

Please Leave A Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s