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Comment by joshe

An excellent unintended consequence of forcing builders into modular housing might be a much more robust modular housing market. Sort of like Tesla starting with higher cost Roadsters and Model S cars until there is scale to compete at volume. It would be terrific to see some productivity gain in construction, which as actually declined since 1987. See the Single-Family graph here: https://www.bls.gov/productivity/highlights/construction-lab...

It's worth also noting that despite the drama, Costco is not looking to lose money on these. So the apartments will be nice enough to rent. Nimbys tend to forget the discipline of the market, especially in their talking points.

parent joshe 2 years ago

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