On Tue, 21 Nov 2017 05:31:12 -0600, Dean Hoffman
wrote:

That's hard to imagine. One could buy a nice regular house in my
area for that.
The median value of houses with mortgages was about $100,000 in 2013.

https://www.bloomberg.com/news/features/2017-11-21/mobile-homes-are-so-expensive-now-hurricane-victims-can-t-afford-them

I don't get it either but if they were dropping in on a water front
lot that only accepts modular/mobile homes it might make a tiny bit of
sense. It is pretty much impossible to get mobile home zoning in a
place that was not grand fathered in here tho.
I agree you could build a pretty nice concrete block and stucco house
here for $200k.
I admit my Cavco stock has been doing very well.