Is There a Housing Crisis
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Data
- Median house cost - $128k Mayville mo. [1].
- South midwest and south east, at $250k around for median price. [2]
- Detroit is like 1/3 the average housing cost! [3]
Issues
- KC situation. Affordable is rent only of $700. [4]. If SEH costs $100k, can we do rehnt at $700/month? Link to a guy building affordable homes, 5 per year.
- Inclusionary (affordable) zoning - actually increases housing costs? [5]
- Essential conflict of interest between big builder profits and affordability? [6]
Solutions
- Habitat does CEO Builds - [7]. May not scale well without Extreme Manufacturing principles
Revenue Models
- Apartment complex economics. $700/mo. One year at $8.4k. Works with free land and utilities using Radical Waste Treatment.