{"id":1004460349,"date":"2020-07-06T09:29:43","date_gmt":"2020-07-06T17:29:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004460349"},"modified":"2025-02-24T00:50:49","modified_gmt":"2025-02-24T08:50:49","slug":"how-job-losses-impact-manufactured-home-production","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/how-job-losses-impact-manufactured-home-production\/","title":{"rendered":"How Job Losses Impact Manufactured Home Production"},"content":{"rendered":"
\"\"

Image via Public Domain Pictures<\/em><\/p><\/div>\n

Manufactured housing community operators have been reporting rent collections above 90 percent for MHCs and mobile home parks for April and May, an encouraging sign for the segment\u2019s resilience during these turbulent economic times. With demand for affordable housing remaining on the rise\u2014especially in states that took the hardest hit<\/a> during the pandemic\u2014the segment is expected to maintain a strong outlook in the coming years and to remain essential for boosting the supply of affordable housing.<\/p>\n

Nevertheless, the recent disruptions in all housing sectors have led MHC owners and operators to pay more attention to a number of factors that may affect demand in the following quarters.<\/p>\n

\n

READ ALSO<\/strong>: Operating Manufactured Housing Communities During Tough Times<\/a><\/p>\n

\n

A recent Fannie Mae market commentary<\/a> on the manufactured housing landscape indicates that the number of manufactured home shipments is expected to be lower in the coming months as production factories have been experiencing labor reduction and order cancellations. The study quotes the findings of a Next Step Network survey stating that manufactured home builders estimate a reduction ranging between 20 percent to 30 percent in new home production in the coming months. In addition, the respondents have expressed their concern about a disruption in the supply chain of construction materials such as lumber, drywall and fixtures.<\/p>\n

Meanwhile, manufactured home retailers and showroom managers are also expecting a decline in home sales as a result of state or local ordinances related to COVID-19. The same survey estimates that the number of new orders of manufactured homes may decline from 95,000 in 2019 to 85,000 by the end of 2020 and even more, to 77,000 in the event of a slow recovery.  <\/p>\n

Other factors that could have a significant impact on MHC demand in the coming quarters include:<\/p>\n