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With what size housing unit though? If we're trying to make livable dense housing, the developer is going vertical and getting much better than 10:1.
by fragmede 5mo ago
With what size housing unit though? If we're trying to make livable dense housing, the developer is going vertical and getting much better than 10:1.
- josh_s 5mo agoyep, and that's what we see a lot of round here. this is still not driving pre-fab adoption. ie, a single family dwelling selling for $3m, knocked down and replaced with 8x apartments sold for $750k. no interest doing a prefab single family dwelling at any price.
- meetingthrower 5mo agoRight but that margin is tight!? Total rev of $6m, entry cost before anything built of $3m. $3m to play with. 8 units selling for $750k and you want to build them for under $300k a piece? Tight.
- trollbridge 5mo agoTrailer parks are a thing that does exist; you can even often find an available slot in one. It turns out that most people don't want to live in a highly-dense area with mass-manufactured housing.