Billionaire investors Sam Zell and Warren Buffett have found an unlikely area for realizing high returns—trailer parks. Over the last two decades mobile home communities have been targeted by investors that identified a lucrative opportunity in affordable housing to low-income Americans. Mobile homes are the cheapest form of housing available for many, and new mobile home parks are a rarity because homeowners don’t want a trailer park nearby. That makes for an industry with healthy demand and a fixed supply.
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