Photos: FEMA Trailers for Sale!
Forbes says that the Federal Emergency Management Agency is auctioning off 20,000 trailers used by victims of Hurricane Katrina and other recent major disasters. The photos of the trailers, stored at an Arkansas airport, are mind-boggling:
Some of about 20,000 mobile homes and travel trailers owned by the Federal Emergency Management Agency sit at the Hope Municipal Airport near Hope, Ark., Friday, March 2, 2007. A year and a half after Hurricanes Katrina and Rita, FEMA is auctioning off at fire-sale prices thousands of trailers used by storm victims, raising fears among mobile-home dealers that the government will flood the market and depress prices. (AP Photo/Danny Johnston)
Apparently there are 40,000 other trailers in storage nationwide. The sale of large numbers of FEMA trailers could hurt the economy by lowering mobile home prices, some say. And it kind of makes you wonder how many they want to get rid of before they might need them again?
Forbes also says:
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