That presumes the standards of potential beneficiaries of affordable housing. Globally?
There are many cities, even in “wealthy” nations who have awful options–or none–for people. This could help some, and help ease market leverage incumbent landowners have because development is slow and expensive.
And yet developers prioritize to build premium condos as their profit margins are greater. Same with cars. There are hardly any compact and affordable cars anymore.
Right, it’s why I shared this; the economics of it are undeniable and I hadn’t seen or read much of modular building technology in this kind of combined implementation so I hoped it might help visibility for those looking to consider options.
It’s not going to make single home developers change overnight, but if it’s safe, decent and affordable compared to the stuff that is currently thrown up it could help turn the tide. That’s to say nothing of those who currently are unhoused and don’t want to be but the time and materials investment is too enormous for local communities to consider building housing on their own.
Nope, it is not a fix to lower the standards
That presumes the standards of potential beneficiaries of affordable housing. Globally?
There are many cities, even in “wealthy” nations who have awful options–or none–for people. This could help some, and help ease market leverage incumbent landowners have because development is slow and expensive.
And yet developers prioritize to build premium condos as their profit margins are greater. Same with cars. There are hardly any compact and affordable cars anymore.
Right, it’s why I shared this; the economics of it are undeniable and I hadn’t seen or read much of modular building technology in this kind of combined implementation so I hoped it might help visibility for those looking to consider options.
It’s not going to make single home developers change overnight, but if it’s safe, decent and affordable compared to the stuff that is currently thrown up it could help turn the tide. That’s to say nothing of those who currently are unhoused and don’t want to be but the time and materials investment is too enormous for local communities to consider building housing on their own.