this post was submitted on 28 Oct 2023
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After selling his software business for millions, Marcel Lebrun decided to pour his time and money into an affordable housing project in Fredericton. CBC’s Harry Forestell takes a closer look at the 12 Neighbours community and its impact on the people who live there.

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[–] [email protected] 7 points 1 year ago (2 children)

Honestly what's wrong with making a trailer park?

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

Nothing, but I find the framing of this project dishonest.

Edit: Well actually, there are a few things wrong with trailer parks. For one, the value of a house is the value of the land, and not the value of the house or trailer. Trailers are built on small plots, thus as the trailer gets older, the owner might not be building equity. Say if the land was worth 50k and the trailer 50k, after 20 years the value of the trailer might have gone to zero, but the value of the land might not rise over 100k meaning that the homeowner loses equity or doesn't build as much equity as they might have, with a 150k home on a decent sized plot. Especially since the value of a house will not go to zero over 20 years, and if limited renovation will actually increase.

[–] [email protected] -3 points 1 year ago (1 children)

Have you been to a trailer park?

[–] [email protected] 6 points 1 year ago (1 children)

I’ve been to several and they tend to be decent low-income housing. Quality can vary a lot but I don’t think we should be for cheaper housing and against options that provide it.

[–] [email protected] 0 points 1 year ago

There's several segments done about the atrocious practices of trailer parks. If you do any research into how predatory it is, you wouldn't be so excited about it.