This type of residential community provides affordable housing options, often consisting of manufactured homes situated on leased land. These communities can range in size and offer varying amenities, appealing to individuals and families seeking a more economical lifestyle. For example, residents might own their dwelling but rent the plot of land it occupies.
The existence of such residential areas fulfills a crucial need within the housing market, providing an accessible entry point to homeownership or long-term residency for those with limited financial resources. Historically, these communities have served as vital sources of housing during periods of economic downturn or rapid population growth, offering a practical solution to housing shortages. The benefits extend beyond affordability, potentially fostering a sense of community and stability for residents.
