Housing: The Mobile Millionaire

Almost inevitably, the name "mobile home" conjures up visions of a trailer hitched to a car and constantly on the move. Today's mobile homes are nothing of the sort. They rate their name only because they are trucked to special parks, where they are placed on concrete platforms and usually stay in place permanently. Put together by semiskilled workers on the assembly line, the mobiles have been largely unaffected by the soaring costs of conventional construction. Within the past ten years, they have become by far the No. 1 source of low-cost housing in the U.S., accounting for at...

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