Worse yet, they perpetuate this incorrect definition by referring other people to it.Cheers...

Grant has long broadcast his belief of a shifting paradigm of younger generations engaging in perpetual renting, vs home ownership.

The temporary cause seems to be a change in sentiment regarding what long and short term interest rates will do, with many 'analysts' and 'experts' forecasting the Federal Reserve will blink and pause or slow their rate hikes for concern of causing or perpetuating other credit calamities. 

However, one other point that I think is worth lobbing in there is that if the 58% is supported by actual/historical data and it's not readily curable by the value add strategy then it could be a warning flag that you will be chasing issues with this property in perpetuity.   

I'd put myself in a pretty decent position on my current primary residence with a 3.25% interest rate and with my W2 income (great for this area) and could have probably lived pretty well in perpetuity, especially once my SO finished her graduate school program. 

That said, property owners also must deal with a fair share of perpetual complainers.

Another point of language some mortgage brokers like to put in is a perpetuity or TIME clause for the lender.Example instead of just getting paid on that one loan with that lender their language reads if you use that lender again you will also owe them a fee on any future deals for forever (perpetuity) or a set time like 3 years from XX date.You want to get that stuff out of there.  

My purpose as a loan officer will be to provide, to the best of my ability, truth and understanding about all things from hard money lending to life and always encourage that we do two things:1) invest time in thought and planning.2) strive to perpetually learn and ask questions in order to make the best decisions.The greatest values in my life are the interactions and relationships I have with my family, friends, and people; without, I am truly void of purpose and inspiration, so I am truly always available 24/7 to listen or to discuss anything under the sun.Where there is opportunity, there is contagious spirit and optimism; it's a thrill when people share their visions and ideas with me so I'm always here to listen and bounce ideas around.

So that does lend to the stereotype of mentality of a government worker expecting to be taken care of.If they do not have an emergency fund to get them through a few months of unexpected events, then they have not managed their money very well and it is hard to have compassion for someone who is capable enough to get a job working for the government but not capable enough to follow basic financial management skills.

Low investment, high returns, captive group of low income people who can't afford to move their homes so will do just about anything to keep a roof over their families' heads, few governmental regulations to protect tenants of parks, general stereotypical disregard for the people who live in parks (you know, trailer trash, etc. that continues to be perpetrated), low maintenance on the part of the owners since most homes are owned by the tenants, the ability to hire a low paid on-site maintenance person to assume 24 hour responsibility for the park...doesn't seem to be a downside, does there?