An interesting article was published by Bloomberg on the 30th of July noting the following:
“It’s never been more challenging to find an affordable home to buy in the US.” -> due to high prices and high interest rates.
At the same time it was noted that US Existing-Home Inventory is half compared to 4 years ago.
As we see it, companies that construct manufactured houses and modular homes like
$SKY $CVCO and Clayton Homes of
$BRK.B stand to benefit from this environment.
What do you think?