3D home printing has matured enough as a technology to be viable. Yet despite the global housing shortage, chronic to so many countries, has yet to take off. Here the $37,600 price includes finished rooms inside. The company is aiming to build on cheap land in Japan’s smaller cities. They specifically mention targeting remote and work-from-home workers as customers.
This way of doing things could work for 10’s of millions of other people around the world, especially as starter homes. The pandemic accelerated a permanent shift to WFH for many people. If some of them had a choice between never being able to afford a home in big cities, but but getting on the property ladder with this option, it seems obvious to me millions of people around the world would choose it.
Let’s pretend I did.
What would I find out?
Presumably even higher costs than that
That it’s about market value for a new construction home in that zip code.
https://www.zillow.com/homes/for_sale/?searchQueryState={"pagination"%3A{}%2C"usersSearchTerm"%3A""%2C"mapBounds"%3A{"west"%3A-98.18429382666017%2C"east"%3A-97.14539917333985%2C"south"%3A30.44052856850738%2C"north"%3A30.937121333769284}%2C"isMapVisible"%3Atrue%2C"filterState"%3A{"sort"%3A{"value"%3A"globalrelevanceex"}%2C"ah"%3A{"value"%3Atrue}%2C"sqft"%3A{"min"%3A1750%2C"max"%3A2000}%2C"built"%3A{"min"%3A2022}}%2C"isListVisible"%3Atrue%2C"mapZoom"%3A11}
Mind you the georgetown development was by Lennar an established homebuilder, as other companies(particularly those new the industry) scale up, the prices should come down.