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The Independent UK
The Independent UK
National
Via AP news wire

Rents spike as big-pocketed investors buy mobile home parks

Lauren Petracca

For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-owned mobile home park in upstate New York.

That changed in 2018 when corporate owners took over the 65-year-old park located amid farmland and down the road from a fast food joint and grocery store about 30 miles northeast of Buffalo.

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