I’m sure there are plenty of people who think MH is worth it’s current premium. That’s why it has been holding better than most other areas in SD so far. Past performance is no guarantee for future return though. We’ll see if MH will continue to hold it’s premium over the next few years.
I happen to fit SD R’s stated demographic. For me, MH wouldn’t fit. Which is why I didn’t even consider MH, especially with the premium the properties there are fetching over the last couple of years. Where I bought, I’ll be w/in 11 blocks from work, 2 blocks from an elementary school & local park, 4 blocks from the middle school, and 8 blocks from the high school. 4-5 blocks from a Vons, an Asian supermarket, a few big box stores like Target and Kohls, various chain and non-chain restaurants spanning from Irish pub to taco shop to Vietnamese food. Although where I live might be in the burbs, I think I can walk to many more places I want/need to go to than if I live in a more urban places likes MH.