Lawsuit Claims Mobile Home Park Managers Conspired to Fix and Inflate Lot Rental Prices
U.S. News & World Report CHICAGO (AP) A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices at more than 150 locations across the U.S.
The lawsuit filed last week in federal court in Chicago claims the management companies bought up mobile home parks and used competitively sensitive market data provided by Grand Rapids, Michigan-based Datacomp Appraisal Systems Inc. to exchange pricing information and conspire to raise rents.
In the face of these significant manufactured home lot rent increases, some manufactured home residents were not only facing severe financial pressures, but even the threat of eviction, Gregory Asciolla, an attorney with Chicago-based DiCello Levitt, one of the law firms filing the suit, said in a news release.
