In a market Q&A story [Mobile-home land grab riles new homeowner [MW]](http://www.marketwatch.com/news/story.asp?guid=%7B94E5C33D-0AB4-496C-9952-94E43997828B%7D&siteid=google) a reader submits a question about the rights of park owners to evict their tenants in order to re-develop the land.

Rapidly rising real estate prices over the past 5 years have caused many to pause and reflect about whether the asset, in this case a mobile home park, is being used to its full potential.

Its not so much the details of this situation I find so interesting, but its the whole concept of alternative or highest and best use.

* Trailer Trash Talk — In the case of the trailer park, many are on leased land and if the landlord chooses to sell the property for development, the landlord simply refuses to renew the leases.

_Recent posts on this topic in Matrix_

* [Hotel Conversion to Condo [Matrix]](http://matrix.millersamuelv2.wpenginepowered.com/?p=372) — The value discrepency between hotels and condos is so pronounced, that it may takes years for the hotel room counts to meet demand.

* [Boy Scout Camp Grounds [Matrix]](http://matrix.millersamuelv2.wpenginepowered.com/?p=369) — Many Boy Scout organizations are sitting on a windfall as ranks thin and assets are underutilized.