Tiny Houses
Real Estate is one of the most popular sectors of investment in the economy. For decades investors have bought up home and other real-estate hoping for it to appreciate in value. Some investors have even taken on the task of flipping homes through their own renovations. In the past few years, however, the fundamental idea of housing has undergone a major shift. One example is the advent of 3D printed houses. The innovative and potentially more affordable approach to building homes has seen major growth and innovation, with companies like SQ4D building homes in which the foundation, walls, slabs, and footings are all constructed using a 3D printer. The time to finish these homes is impressive, with the printing time for the walls taking roughly two days and the entire building process taking eight days. As for cost, the entire process is 30% cheaper. Best of all, building homes with a 3D printer does not require workers to stack bricks all day and could also create new jobs at the intersection of technology and real-estate.
Beyond 3D homes, and potentially in conjunction with this technology, have been “tiny homes”. These ultra-small homes are not only transportable, but extremely affordable. The tiny home community has grown since its inception following the 2008 housing crisis. One example exemplifying the community’s growth comes from Art Laubach, organizer of the Colorado Tiny House Festival and owner of Einstyne Tiny Home. The festival has seen major growth with what 28 homes was once in 2018 reaching 55 and even 65 homes in recent years. What do you think about both 3D printed and tiny housing? And would you ever live in one?
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.
