Going mobile an option in pricey housing market - 2004-03-21
David Farrell is painfully aware of the expensive pricing of housing around his native Peninsula, so he purchased a mobile home in Redwood City 10 years ago, and never looked back.
Top quality manufactured homes go for approximately $150,000 to $200,000. What must be weighed is that besides a monthly mortgage of, say, $900 to $1,000 on a $100,000 mobile home, a space rent of $600 or more must also be paid.
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