In a tough real estate market, a century-old housing idea could make a comeback
Publishing timestamp: 2023-12-22 11:15:49
Summary
The article discusses the potential rise in popularity of modular construction as new investors fund the concept. It highlights the appeal of modular homes to homebuyers and startups focused on sustainable and affordable housing. Modular construction is seen as a more efficient and sustainable method compared to traditional construction. The article also mentions the cost savings and quicker construction time associated with modular homes. However, it notes that modular construction is still relatively rare in the US, representing less than 4% of housing inventory.
Sentiment: POSITIVE
Keywords: real estate, housing policy, technology, housing, affordable and low income housing, home sales, sustainable development, berkshire hathaway inc, business news,