Nearly a sixth of the new houses being built this year in the U.S. are mobile homes, the product of what the 4,000,000 Americans who live in them affectionately call the "wheel estate" industry. Busily shedding their old image as cramped trailers, mobile homes are moving in rapidly on the market for low-priced housing. On top of gains averaging 25% in 1962 and 1963, the production of such homes has spurted 23% this year. Last week the Mobile Homes Manufacturers' Association announced that the industry built 159,250 units through October—a record equal to 19% of the ten-month starts of private,...
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