In a rebuke to the standard economic model that demand drives supply, housing prices in the US these days continue to rise. How much of this is due to local regulation vs cost of new home construction is above my pay grade. But the claim is that 3D printed homes can mitigate shortages in affordable new home construction:“Dozens of 3D-printed homes have been built across the world – to house a family in the US state of Virginia or members of an impoverished community in rural Mexico. The world’s largest 3D-printed neighborhood is currently under construction outside of Austin, Texas.“The technology could be especially handy in a place like the US state of Maine, where approximately 80,000 new homes will be needed by 2030 to address a shortage, according
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Joel Eissenberg considers the following as important: 3D printed houses, Hot Topics, US affordable housing, US EConomics
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Angry Bear writes “Trump’s latest notion is both economically and fiscally illiterate”
NewDealdemocrat writes Snail’s pace of housing market rebalancing, as existing sales remain range bound, and inventory has not increased enough to relieve pricing pressure
Joel Eissenberg writes AI for the win!
NewDealdemocrat writes Housing permits and starts the lowest since 2020, units under construction also decline further, but no yellow caution flag yet
“Dozens of 3D-printed homes have been built across the world – to house a family in the US state of Virginia or members of an impoverished community in rural Mexico. The world’s largest 3D-printed neighborhood is currently under construction outside of Austin, Texas.
“The technology could be especially handy in a place like the US state of Maine, where approximately 80,000 new homes will be needed by 2030 to address a shortage, according to a report released last year by three state agencies.
“People can’t find homes, they’re very expensive. We also have an aging population … so there’s less and less people who are electricians, plumbers, or builders,” Habib Dagher, the executive director of the University of Maine’s Advanced Structures and Composites Center (ASCC), told CNN via video call.”