Something definitely out of whack in the housing market. We've heard about the seven-figure trailer parks in Malibu, but now they're selling in that range without the land.

This is stupefyingly stupid. Biggest 'duh' goes for this part:

"The risk for buyers is whether park owners will redevelop their site into single-family homes, but Dickens said Malibu's two parks are unlikely to do so."

There will be a market correction for this; it's only a question of when and how bad. I just hope it isn't so severe it tanks the whole economy.