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Are Modular Homes the Solution to the Housing Crisis?
Can modular homes be the answer we have been looking for to meet the needs of the current housing crisis? While the answer to this question remains to be seen, all signs lead to the affirmative. The homes are efficient, green and attractive. Their construction is fast, because they are manufactured indoors and, therefore, do not experience construction delays due to the weather. Their popularity keeps construction companies and workers solvent and the demand is high by more than one demographic, each from opposite ends of the spectrum. Michigan, New York and North Carolina have already caught the wave with booming modular home businesses. Whether this is just a passing fancy or modular homes are here to stay, one thing is for certain for now, they serve a dedicated purpose.
The recent nationwide real estate slump has left many home buyers lamenting their experiences with predatory lenders and feeling the pressures of steadily rising mortgage payments. This dire situation has also strongly affected the construction industries. Many builders and industry sub-contractors are finding it difficult to find work. Others are being laid off. However, a new trend in building and home ownership, may prove to be a viable solution to this problem. Modular homes, or “mods”, may be a win-win on both sides.
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Jenny Smith (not verified)at 23:49 on September 30th, 2010
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