The multibillion industry hoping to fix the world's housing crisis

[@TheRickyglenn]

I worked at Tophat, the houses are poor quality. The homeowners on their site in Chatham are not happy. Don't believe Jordan and his fake smile. Their houses take weeks to build and years to correct the failures.

[@trueseeker262]

He looks like a non pork eating lying type of people.

[@deepdude4719]

Do you think our solution should be strong and useful skyscrappers to accomodate a huge population? What do you think?

[@Dogen70]

I can look and tell that. It reminds me of the prefab houses in the US.

[@kayjr9795]

The housing problem is caused by policies not caused by lack of land or building material!

[@nadm.191]

I disagree. It is caused by speculation, few new houses being built, retreat of the role of the state in building affordable housing, and In the UK, for example, 6,000 families own 47% of the land. Here is a question that you might laugh at: after hundreds of thousands of years of human evolution, a bird does not have a problem finding shelter; humans do. Does not that say that we live in an irrational socio-economic system that does not prioritise human needs, bit profit and accumulation of capital.

[@janiekcarney5482]

Have you priced materials to build homes??? Lumber and plumbing.

[@nejihyuugavitou]

Strict zoning law is what makes house expensive not the actual house itself.

[@khauhelophatela623]

But zoning is important tho

[@khauhelophatela623]

You need order in beautiful place

[@jon6309]

Agreed I live in Hawaii and this seems to be the case!

[@andyhughes1776]

Lack of land (in popular locations) is another.

[@hc8714]

land use efficiency is terrible in the states. everywhere else is doing better with high rise.

[@frankleah5137]

The UK Council’s need re educating so this modern technique can be widespread now. This is a great idea and very timely. Impressed!

[@nadm.191]

In the UK, 6,000 families own 47% of the land. Is not that a hinderance? Something that goes back hundreds of years bit taken as natural!

[@janiekcarney5482]

I would never buy one of these ever.

[@doogiechen2726]

Support local suppliers chains, and democratic alliance Products. Global suppliers chains is causing climates change.

[@readoutloud6171]

... so how long does one of these homes last

[@scottmarquardt3575]

Do a Google Earth over Winnipeg and you'll see all kinds of horse trailers (modular houses)that look like regular houses.

[@janiekcarney5482]

What about the quality of these prefab homes?? No one wants to buy a home that falls apart like trailers.

[@janiekcarney5482]

In UK, where do you find the land when the rich on 50% of the land.

[@jezalb2710]

Blocks of flats were/are built in a similar way

[@CNBCi]

Yes, we've even heard of fully furnished flats being pieced together.

[@johnnyllooddte3415]

not in america.. you cant get a mortgage on resales. and no one wants them

[@dertythegrower]

Modular homes is not it, rather tinyhomes by companies like Tuffshed or amish built sheds, which are made to order and rent to own in fourty eight states. Shed is the term but amish sheds are high end and customized by the customer as well... cost is four figures for high end, and gives people more flexability. After living in many states and starting from scratch all by myself with zero loans, People in the US i notice get more house and less land.. that is the issue.. people overpaying for homes in areas with literally no land away from neighbors.. again i have lived beach side, apartments, ranches, in many states, as well as in my van in winter up north working two jobs... buy land, not a bogus investment outdated rental with high loan rate and personal risk...

[@chrismv102]

Your facts aren't true...at least in the US. Labor and materials are the biggest costs for homes, not the land. The modular home industry uses the same amount of labor as traditional homes, just done in a shorter time period. The additional cost of transport down city streets and cranes adds significantly to the costs of modular. Modular only makes sense these days for large construction projects. Developments with identical homes.

[@dertythegrower]

Modular prebuilt are usually cheaper a bit because they are built cheaper..Yeah it is just prebuilt in another location, but most of them are the same.. shopped them in florida and wyoming..

[@justrandomthings319]

Thank you. I was coming here to say this. CNBC lies like crazy.

[@avarice4556]

@@dertythegrower Do these homes withstand natural disasters better like floodings and hurricanes?

[@josephmichaeldaniels555]

Land values vs cost have the biggest impact on cost globally. We have outlined building usa and whilst for some regions this isn’t the case and building faster and better is suitable at a great cost in areas of major development land cost contributes higher cost state to state than labour

[@distantraveller9876]

A shortage of land, lending, labour AND materials since the financial crisis in 2008 are the main causes of the US housing shortage. All of these factors combined are what's driving the price up.

[@luxushauseragency]

MMC will have a good future. The demand will be there for some time.

[@arttaggerr2233]

Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. You can STILL buy a mobile home of your own for only $100,000. That’s right, only one hundred thousand, AND that includes the land it sits on, approx. 50’x100’. Seriously, you have the Colorado River a mere walking distance away, with nine gambling casinos on the river bank across the river in Laughlin, Nevada. And we’re only 90 miles south of Vegas. Water taxi’s move people from one casino to the other, for those who don’t drive. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation.

[@janiekcarney5482]

Airtight isn’t always the best thing. We have buildings that don’t breathe and make people sick.

[@polka23dot70]

Wood warps, rots, and burns. It is used by people who cannot afford bricks.

[@deepdude4719]

I disagree. I think more skyscrappers should be built to accomodate a huge population son we can have more parks, forests.

[@yumirocks]

If sky scrapers are built, I hope they build it on desert lands with little to no vegetation to protect the forests and animal wildlife.

[@distantraveller9876]

Skyscrappers are terrible for the environment, they consume ridiculous amounts of energy, disrupt bird migration patterns and cast huge shadows over parks and beaches. They're also built further apart than low-rise buildings, which makes them occupy more space. Additionally, a lot of internal space in a skyscraper is devoted to circulation. Emergency access and elevator shafts can take up as much as 40% of a skyscraper’s floor space. This problem is made worse as a building grows taller. Essentially, there is a diminishing return for each additional floor of a building as more space must be devoted to vertical circulation, and less is left for commercial or residential use. For instance, Manhattan is only moderately denser -in both residential density and job density- than Paris, even though Paris has very few buildings that are more than 6 floors tall. In fact, despite having almost no high-rises, Paris is one of the densest cities in the world, and twice as dense as New York City overall. Skyscrapers also require more energy to heat and cool, elevators consume significant amounts of energy and require constant maintenance. Skyscraper construction is also a magnitude more expensive than a low-rise building with the same square footage.

[@Zantides]

Factory made housing is definietly the future, one person for each task practicing it into perfection. No it won't be dull, it all depends on design.

[@jofujino]

Only if regulators allow it. You really have to check your local laws and ordinances because some of them have rules allowing only traditional homes constructed on site (e.g. requiring state inspectors on site at several intermediary stages). These rules often go back to the days of mobile homes where mobile homes were seen as a low income housing solution, so to keep the undesirables and the poor from moving into your neighborhood NIMBYs made it impossible to get such a home permitted outside of specially zoned mobile home parks. In many cases the law hasn't caught up and modular homes may be built to better/stricter national standards than traditionally built homes, and attached to a foundation (instead of just strapped down like some manufactured homes) but still are put in the same regulatory bucket with no exceptions.

[@jantube358]

So much wrong in this video. Nothing is more sustainable than putting one stone on another.

[@distantraveller9876]

I'm struggling to see what the benefits of modular houses are at the moment. They cost as much as a traditional home but it's harder to get a loan for it and there are fewer mortgages available. What's the point? Modular houses would be great if they cost less to build but the tech is not there yet. They could be useful in emergency situations though like hurricanes or wars.

[@gamf5996]

How about high density housing instead of land intensive single family home suburbs

[@yumirocks]

Urban cities are experiencing the highest rate of crime....

[@distantraveller9876]

@@yumirocks Of course urban cities experience higher rates of crime, there are more people living in cities. More people = more criminals.

[@bdcalling1391]

How long do they last before you have to replace one?

[@ilyich.guatemala]

Fast food in house building.

[@readoutloud6171]

Basically.

[@qualityreno9689]

Anything not sustainable is a bubble. This is not sustainable. When you see adults in their therties moving back to live with their parents, you know this won't last! Low interest rate is the biggest culprit. Once this is out of the equation, everything will go back to the norm.

[@javanjackson6918]

30 year is at 5% and prices are worse than ever in my area. We just straight up need more houses.

[@therlegacy]

Who are the biggest modular home builder companies in the space?

[@mp5wes]

2:18 he looks like comedian Pete Holmes 😁

[@ainsleyfrastructurekpopmashups]

To Solve Housing Crisis Around the World Especially in Hong Kong, The Building of House and Apartments will be Built and Assembled Like LEGO Called PPVC That First Used in Singapore, Then In Coming Years, The PPVC Will Expand to Other Countries Such as the Philippines, Hong Kong, Indonesia, Malaysia, India, Bangladesh, China, Pakistan, Australia, and More Countries that will Adopt PPVC so that Worldwide Housing Crisis will be Solved.

[@anthonypurvis8619]

The ginger man is very annoying and gives snake oil salesman vibes.

[@Dogen70]

So her parents love Tim Duncan. Love it

[@fredflintstone2234]

Would have liked to see more of these homes.

[@CNBCi]

Noted, Fred! Thanks for your comment.

[@Atipat12]

AMAZING 🔥🔥🔥🔥🔥🔥🔥🔥🔥

[@lightgolden5337]

This is the new American dream for Americans 2022 🤩

[@dertythegrower]

The future will be hempcrete, not this

[@DragonKingGaav]

The American Dream is the American Nightmare!

[@dertythegrower]

George Carlin has the alltime best quote for the American Dream ha

[@destwong]

Nop

[@indri.indrianiyuningsih2767]

It can't happen in Indonesia I guess.. Cause the material is not strong enough than the traditional material

[@Kartik-mz7sk]

News reporter hair looks amazing 🤩

[@TomNook.]

Too many people

[@tariqaftab8810]

ZaaBaarDaast! How Can We Start This Process In GAWADAR! Tell Mr Soonest Possible. V R Very BADLY In Need Of Your HELP. REGARDS

[@nathanngumi8467]

This is the future.

[@Atipat12]

COOL +++++++++++++

[@jean-bernardjoly5920]

IKEA will do better .. just wait

[@ronatlas2055]

Somethinng felt off about this edition. Maybe it’s the editing, maybe it’s the script, idk

[@JohnJohn-xs5ru]

Your comment feels off tbh.

[@ronatlas2055]

@@JohnJohn-xs5ru having a bad day?

[@RobertK1993]

Get rid liberal lefty parties out out out

[@redbutterfly88]

If its cheap and functional why not. Who needs big and grand if u dont have much.