Separate from our government's anti-housing policies, a big piece of our crisis in affordability comes down to the way we think about new homes. In Japan, for example, where housing is significantly more affordable, newer homes are far more popular than older homes, and this has galvanized both construction and prefabrication. At scale, this reduces cost.
I interviewed Alexis Rivas about his company, Cover, and the prefabrication market in our own country. We talked about what exactly prefab homes are, the history of prefabs in America, how technology is improving the prefab process, and how this kind of thing could dramatically reduce housing costs in the United States.
