07/12/2023
Interest rates are down and money is flowing. This means cheap money is readily available and mortgage rates are the lowest we've seen in 50 years. Since the pandemic, some billionaires have increased their wealth by up to 479%, and now along with their shareholders and everyone else with the ability to work during the pandemic, they are buying up hard assets like real estate. When American society is described as a nation divided into two groups, the "haves" and the "have-nots," we’re talking about asset owners and asset payers. Now may be the time to leverage these mortgage rates, strategically pairing them with tax write-offs and home loans.
Modular housing allows that, but at a discount and with the potential to make money from this investment. Here's how I saved $2 million-plus by putting my money to work in this niche, but growing market.
While the concept of factory-built homes may seem strange today, in the next few years, planned modular communities may become much more commonplace. We may be asking not "Who built your house?" but "What factory did it come from?"