@minafakhri8371
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people—at least in California, where I currently reside—are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
@IgorRockt
As a German-Canadian who grew up in a prefab house in the 70s in Germany, I find it quite strange that Canada has such big issues with prefab houses. I guess the main issue is that in North America, most prefab houses are actually shipped as already assembled "boxes", while in Europe, these houses are shipped as (completely finished) single walls and ceiling "plates", which are just assembled once they arrive at the building spot. When my parents built their prefab in the mid-70s, most of the overall construction time was needed to built the concrete and cinder block basement on which the prefab would be erected. Once that one was finished, the house itself (with ceilings, but without the roof itself) was assembled in one day, and finally, the roof was put together in another three days (please note that roofs in Germany are made of wood with clay shingles on top, and as such much heavier than over here, including the supporting beams and trusses, but much more durable, too. And the roof structure was prefab, too). My parent's prefab house is now over 50 years old and still has: - its original roof (which is good for at least another 20 or so years) - its original doors and windows (which need a bit of re-adjustment, but no replacement) - its original outside (which we clean every 10 years or so with a pressure washer) Oh, and we moved some internal - but not load-bearing - walls without any issues, too. ...and all that after having survived multiple heavy storms over the decades (without losing a single shingle), and even major flooding when the nearby river came over the railway dam (on the other side of the street) to visit, which resulted in a completely flooded basement (the water was up to the ceiling in the basement).
@jwboatdesigns
I live in a factory built home, 1100 sq ft, three bedroom, fully insulated, double gazed, it came in fully wired and plumbed, carpet and tile floors, laundry and kitchen appliances installed, heat pump ready to switch on. I'm very happy with it.
@rahimkader8705
People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.
@SlapI-j9o
In the early 1990s, when I purchased my first residence in Miami, mortgage rates were commonly in the 8-10% range. Today’s market participants must recognize that the historically low rates of 3% may not return. If sellers are compelled to list their properties, market dynamics will likely drive prices downward, leading to reduced valuations—this is a sentiment that many in the industry share.
@marcusmoonstein242
As someone who worked in the building industry, I think standardized housing will only work for government-run developments that will continue building for at least thirty years. Successful examples include the Soviet post-WW2 building boom and the Swedish example you mentioned. The reason is as you say : factories work best when they can build the same product in large numbers for a long period of time - and only governments have the resources to guarantee that kind of demand for housing.
@markplain2555
This video is EXCELLENT and should be played to all municipal and provincal permitting, licensing and approval departments. It is crazy to imagine how many times a house needs to be inspected when it could easily require sign off from the Architect/Engineer who take responsibility that it meets all necessary standards.
@Skip6235
I can hear the NIMBY’s screams from here
@1a140
Feel obligated to express great appreciation for this your great presentation as well as each of your previous ones! It is a deep comprehensive and fun to watch! Just could not be better! I used to be a civil engineer with a successful prolonged career and could evaluate the level of your expertise and hard work with each of your projects! Bravo!
@mackit
I keep laughing at the inconsistent blurring out of the Purolator logo in the background.
@paulharrold
Cardinal Industries of Columbus Ohio was building pre-fab homes , apartments , motels , ect in the early 1970's . I worked for masons who did all their foundations in Ohio , Ind . At their peak they were producing 60,000 units a year in 6 plants in different states . Once the foundation was complete and the rough-in plumbing and electric was done , they had boxes lined up on trailers , they were pulled close to the crane set on the foundation and in two days a 60 unit 1-2 bedroom apartment complex was set and with 60 days all units were ready to lease and landscaping was done ! Regulations killed them ! Good video on here about them.
@erikk7643
Yes! Great to see you again Uytae. Moolah for Modulah!
@russshaber8071
I worked on writing standards for manufactured housing, part of that job was diagnosing specific problems that came to the state's attention. Setting up the home properly was often the source of the problem. There were a few manufacturer defects that we caught early on, like combustion air and fresh air intake locations. I also got them to put netting over loose fill ceiling insulation so it it wouldn't get blown into a pile on the trip from the factory.
@ImranZakhaev9
Structural engineer here. One issue with construction costs is how the code has become more complicated. We spend proportionally more time meeting tons of little codes these days where in the past these things were taken for granted. Long story short, structural design used to be pretty simple. Now the 2020 national building code is going to add even more time to design.
@Jeffd180
As a small scale home builder in Missoula Montana, I’ve been thinking on this for the last few years. Was going to build my own small scale factory before coming to many of these same roadblocks. Instead, we are working on a (site built) standardized ADU floorplan to increase the build efficiency, drive down cost, and maintain high quality. Many of the same factory benefits, less of the overhead. It’s all about repetition! Dixon Crafted Homes
@Wdr45
This channel deserves more subscribers. The content quality is amazing and always relevant. Great to see another interesting video, thank you.
@tiliciousp.2604
As one of those people working on a Canadian prefab construction startup, excellent analysis, spot on! Some extra thoughts: - a lot of the failed companies trying to get into this space followed the typical tech startup scale-fast-and-big etc. model, which really really doesn't work well in construction for exactly the reason you mentioned (Katerra being a prime example) - the real trick is to start small, and support a specific area to minimize inconsistent rules, reduce risk and make your solution actually work right (also helps with the market vulnerability) - the design limitation might not be as insurmountable... with the proper, smart and flexible tech (it's extremely hard though) Keep up the great work! PS. I'm so mad at the wasted opportunity of a chapter being named "The Promise..." without a shoutout, it's literally in our company's name!
@thomasr1051
Electrician here. I ran the slab stage of a large project in UBC two years into my apprenticeship. Young skilled guys are getting pushed into roles two quickly and un-supported. We also dont have clear systems in place to follow. There needs to be structures designed from the bottom up. Even simple things like running out of critical material because no-one ordered it! Unmotivated and untrained people. I've always tried to coordinate with other trades for a smoother experience onsite
@sharonwinson-m8g
I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2026. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
@davidadamson3664