How mobile-home buyers can drown in debt
Source: Individual loan documents* Depreciation of 4% annually, based on a survey of "average quality" Clayton-branded homes and their average annual blue-book value between 2006 and 2015, using prices from NADAguides. The model doesn’t account for expenses that aren't financed in the loan, including land preparation, installation, home moving and real-estate agent fees.
Thomas Wilburn / The Seattle Times