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Manufactured Housing Predatory Lending: How Clayton Homes and Berkshire Hathaway Built a 22-Million-Person Wealth Trap

Run-down manufactured home mobile home park in rural America showing predatory lending housing trap

Manufactured housing predatory lending traps 22 million Americans in chattel loans at 9-14% APR, land-lease eviction risk, and guaranteed depreciation. Clayton Homes, owned by Berkshire Hathaway, controls 49% of the market and finances 70% of its own sales. Here's how the system was built.

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