San Diego Housing Bubble News and Analysis

I think it is without land since the assessors report values land as 0. So you may have to consider land rent before computing your cash flow. But at 85K, house structure seems well priced. After the bubble buyers lose their homes to foreclosure, they have to live somewhere. So demand for low cost housing is one thing that is guaranteed.

They don't last, they fall apart badly in 10 years.

Usually the sale is for the home only and you have to lease the land they sit on so factor that into the expense. Also the park may have rules that wont allow you to rent it out.
Give the park manager a call and see what the rules are before making any offers.

They don't last, they fall apart badly in 10 years.

My mom lives in one (in Texas), it's 10 years old and it's still like new. They bought it for ~50k and it has a zestimate of 106k now.

They fall apart eventually, but build quality and materials of modern manufactured homes aren't too different from your average hardwood & plaster California McMansion.

Actually it is not always without the land. It all depends on the community you purchase in. Some areas are indeed owned by the homeowners although the majority of areas are not so you end up leasing the land. One thing you need to learn about is financing because the financing is not the same as with a conventional home. Also you need to make sure that the community you purchase in does not have bylaws or ccrs restricting your occupancy to being owner occupied.

SD Realtor

Thank you all for giving me very good pointers!