347: Will Cheap 3-D Printed Homes Devalue House Prices?
Will the rise of 3-D printed homes make housing construction so cheap that values of all existing homes will depreciate?
I explore this with you.
It’s the third installment of our 3-part housing supply crisis series.
3-D printing uses lots of concrete. It is the world’s most popular building material.
No matter how one builds, there are still costs of: labor, land, materials, design & planning, architecture & engineering, site work & drainage, and regulation.
A recent NAHB study shows that the regulatory cost of building a new single-family home is a staggering $94,000.
Resources Mentioned >
Resources Mentioned: $94K Regulatory Cost To Build A New Home: https://www.nahb.org/news-and-economics/industry-news/press-releases/2021/05/regulatory-costs-add-a-whopping-93870-to-new-home-prices | Get mortgage loans for investment property: RidgeLendingGroup.com | JWB’s available Florida income property: www.CashFlowAndGrowth.com | Ali Boone’s Recommended Book: https://amzn.to/2NsMVlF | EQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co | By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. | Best Financial Education: GetRichEducation.com | Get our free, wealth-building “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter | Top Properties & Providers: GREturnkey.com | Follow us on Instagram: @getricheducation | Keith’s personal Instagram: @keithweinhold
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