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Many going on road to homeownership in S.D.: some local residents gaining entry into housing market via the mobile home route.

Publication: San Diego Business Journal
Publication Date: 27-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Many going on road to homeownership in S.D.: some local residents gaining entry into housing market via the mobile home route.(San Diego)

Article Excerpt
Looking out over the green hills of the Rancho Escondido Mobile Home Park, Charles Lothspeich smiled. This will soon be his new home.

Lothspeich, 80, likes the open space here. He likes the facilities: two clubhouses, a swimming pool and Jacuzzi. He likes the activities, such as $2 Hamburger Night on the second Thursday of the month. And he likes the people--all seniors.

It doesn't bother him that his new home will be manufactured. The 1,950-square-foot structure will have three spacious bedrooms, two bathrooms, a sitting room, granite-marble kitchen countertops, modern appliances, and window shutters.

"When you walk in, it's just like a regular house," he said. "You can't tell it's a mobile home."

Lothspeich likes it so much that he is selling his $850,000 house a few miles up the road and buying the $400,000 mobile home and lot in this park. He and his wife will move here in May.

"Where else can you get so much space for this price?" said Lothspeich. "You can't beat it."

Gone are the days of trailer trash parks. Here come the days of trailer palace resorts.

For San Diegans squeezed by the housing crunch, mobile homes are becoming...

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