A $10K tiny house 3D-printed in 24 hours
apis-cor.com
apis-cor.com
Here's a video of his Concrete House Machine from 1946: https://www.youtube.com/watch?v=BpWjyZO2lPU
This was 70 years ago! I read about them in his autobiography "Mover of Men and Mountains". He went with concrete because it was cooler in the summer, and warmer in the winter. Seems to me the "Not Invented Here" mentality has been around for a very long time.
3d printed parts are great because of zero RE costs, but quality is reduced and cost is high for a single part. Some economics hold for this technique as well.
I see both having broad applicability.
There's no problem mass producing concrete houses. Or apartment buildings. Building shells aren't really that expensive. The interior parts cost more.
[1] http://www.concreteconstruction.net/_view-object?id=00000153...
And land in a desirable location with a building permit costs even more, if it's even available.
The problem of expensive housing is man-made: by bakers lending enough fiat credit to match your surplus value.
A reasonable model for the seller is to sell to the highest willing buyer. Each individual purchaser has an ability to pay and willingness to pay and will presumably only offer the lower of those two prices.
If land trades on ability to pay rather than willingness, that means that the highest bidder would have been willing to pay more but was only able to pay what they settled on, and I don't see a significant problem. The buyer is presumably quite happy, having paid less than they were willing to pay.
The chief downsides I see in such a system is that either the buyer is not actually able to pay (they misjudge their ability to pay), or for the non-buyers who are out-bid by other buyers with a greater ability to pay. (It could be frustrating to only be able to pay $X while land or properties change hands at 1.5 * $X, but no reasonable seller will sell for 2/3 the market price, so...)
Banks create fiat on request for a loan. It's infinite. You have to bid all your surplus value or someone else will, either a dweller or a speculator.
I've bought two homes in my life. In neither case did I bid all my available funds and in both cases, I got a house that served very well as my home. (There were several other houses I bid on over the years where I didn't get the property. Two cases were bank REOs where the bank was unreasonable, IMO. Two other cases I was simply outbid. Life goes on.)
Life does go on. And we have to work for longer for the exact same pile of bricks than our parents because of the changes in banking, gold std and the tech enabling tracking vast quantities of digital fiat credit.
No it isn't! Otherwise Anglo-Irish would never have collapsed.
https://bankunderground.co.uk/2015/06/30/banks-are-not-inter...
Or Werner, the guy who coined the ideas behind the (since basterdized) QE:
http://www.sciencedirect.com/science/article/pii/S1057521914...
Banks are not intermediaries. Just where do you think all the new money is coming from?? $100K used to be worth something, it's worth sweet FA now for land. Banks issue money against land. There are two tiers of pricing as a result:
1. land - insane increase
2. everything else - mostly falling in price
Banks are the new churches, vast open receptions with hundreds of square feet to be in awe of in city centers.
With this process, the bank lends $1 creating a new $1 new deposit from thin air as they always have, but then start using the mortgage certificate as money to by selling it. This allows a $1 loan to create an extra $2 in new money instead of an extra $1.
If we only allow a fractional reserve of 80%, then $1 would previously have created an 80c new deposit, which in turn would create a 64c deposit on the next cycle and keeps diminishing. However, with the mortgage certificate thrown in too, $1 becomes $1.60 (80c of new deposit and 80c of sellable mortgage certificate), which becomes $2.56, which becomes $4.10 etc.
This process is detailed by Greg Pytel here: https://gregpytel.blogspot.co.uk/2009/04/largest-heist-in-hi...
Read the links.
Google isn't providing anything informative to me for that phrase.
The problem with land, unlike almost anything else, is that you can't move it (or trade for a fungible equivalent). People pay high prices for urban land because that's their preferred way to get closer to other land they want to be close to. When it's important enough to you to have that lot, you are willing to trade a lot of value for it - which may include liquidating some of the value of what you intend to put on the lot (million-dollar lot, build cheap bungalow), or working with others to figure out how to put a lot of inexpensive housing on it (billion-dollar building with 1000 million-dollar flats).
The bankers just help you figure out how you can rearrange your assets & income to free up that million dollars now - when you're willing to pay more later to have the money now.
And nobody is forcing you to do anything. It's your choice to decide whether having that land, right there, is sufficiently valuable compared to the value of what you intend to do with it.
Most land is cheap. It's the land you want that's expensive - usually because a lot of other people want it too, and you're all bidding for it. No imposition of "fair" is going to be any more fair than supply-and-demand.
Want cheap land? Go to zillow.com, enter your state as a search area, and set the max price to whatever absurdly low value you want. I've found many lots for $1000, $100, and even $1 (including a lot in Atlanta for $1; no, they're not going to show you what's inside the building, take it as-is).
One example would be energy. Right now heat transfer and the transmission of daylight through walls/windows can be theoretically optimized to reduce energy costs simply by customizing the geometry of the windows and walls relative to their orientation and local context. We don't do so in architecture because the costs of customizing the geometry is too expensive. Architecture has a history of attempting mass-customization since the 1960s[1], but it's always been limited by the technology and realities of integrating multiple subcontractors and consultants. Those problems still exist, but the industry is changing pretty fast and I feel automated form generation, simulation, optimization, and production technologies are converging to a point when this could be achieved.
[1] i.e John Habraken.
And not all house can be built with an ideal orientation
Beyond thermal performance, optimizing windows for lighting potential is also interesting because electric light is a huge contributer to total energy consumption for offices, and outdoor light reflection and transmittance into interior areas depends a lot on geometry and material selection.
China building unoccupied cities has more to do with the fact that the average Chinese citizen is not allowed to speculate or invest in much other than real-estate.
They failed in that there was a huge investment to build them, but the expectations for these cities were never met. Additionally, there is tremendous upkeep or maintenance.
For example, those new roads are crumbling and require extensive repair work. Think of a road that is 5 lanes wide, but a 1 lane would suffice to serve all of the traffic. The unused portion will still degrade, even though it's not used.
It's kinda like buying a huge house before having children. You still need to fix, maintain and clean the extra square footage, even though it's not used.
Engineers generally like big problems like this, and a world where Global Warming will displace large populations needs to get really good at managing huge engineering projects.
Just look at Russia and their Crimea bridge, St. Petersburg bypass bridges, Vladivostok bridge, infrastructure projects associated with the Sochi Olympics, the Universiade games in Kazan and so on. And now Trump says that he plans on fixing the USA's decrepit infrastructure that has been neglected for the past two generations.
Engineering solves problems.
In order to build a new town, far from existing towns, you need a major engineering project to build all the transport/communications infrastructure as well as all the buildings. That kind of thing would likely be done using systematic building technology like the machine that was demonstrated.
Consider Canada with a huge supply of petroleum that could be turned into natural gas and piped to a distant shore if only the land was unpopulated to avoid the NIMBY effect. Look at the land between Fort McMurray and the Arctic Ocean. Imagine building a gas pipeline parallel with a railway and a highway along with a port city and harbour on the Arctic Ocean. You would also need to build gravel pits, limestone mines, cement plants to burn the limestone using natural gas, and greenhous complexes using natural gas to generate heat and electricity for artificial lights.
It could be done, if Canada has the will. We already know that Russia has the will because they have done this, and they are running so many big engineering projects that they are likely building up to something bigger that would help ease the refugee problems of nearby countries by absorbing them into new Russian Arctic cities. Being a Muslim country gives Russia an advantage in this area, but Canada has other advantages so the game is not yet over.
"the radius of curvature of the TV matches the house wall curvature" pretty much looks like a PR stunt for Samsung. I wonder if they've actually chosen curved walls to somehow justify curved TV.
I agree the formal implications are the interesting aspect. Creating an exactly equivalent design, with curved walls everywhere, would be phenomenally expensive with conventional practices.
You could easily make a house with round walls today if you wished to do so. But you wouldn't because you'd curse yourself every day when you want to place furniture and lay floor coverings.
Curved spaces seem like a good idea until you actually try to use them.
Because nonrectangular closets are also awkward to use (moreso than putting furnishings directly on curved or non-right-angle walls, the problem with furnishings is that you have to have them custom made for the wall angles or degree of curvature, which is expensive, but they often aren't inconvenient at all in use.)
But, as you say, it's hard to just stick in regular rectangular shapes.
They are developing a core competency of creating the fixturing to mass produce homes. The cost per house should drop well below that of a traditional house with equal square footage when they go for volume. They do that by removing construction labor, site/weather variability (so site delays), economize material transport cost, and reducing time to construct (labor hours). Things that don't change, the cost of basic materials, the cost of land, the cost to prepare the site (foundation/leveling etc), and permitting/access.
For the absolute lowest cost with on site materials the 'sand' homes [1], that provides the framing (much like the 3D printed house in the article).
- dig a hole
- pour a foundation
- truck in the house in two halves
- bolt the house together
- do final wiring, plumbing
move the family in
I have no idea how much these kinds of homes are today, but their latest zillow zesitmate puts it at around $300k (on an acre of property)...so YMMV.
3d printing, in general, is expensive and better for one-off, or low-volume things. Mass manufacture techniques are hyper-optimized and beat 3d printing most of the time when you need to make >10 of the thing almost every time...this includes houses.
The house is still there, still looks fine. A little cramped for adult me, but a perfectly fine place to live and grow up. The house I live in now could fit that house inside of it and have plenty of room to spare. My parents still live there, have all the amenities of a modern home. They turned half the basement into their master bedroom suite and the other half into a nice extended home office.
Housing crises are not going to be solved by tiny houses on half-acre properties. The houses are a tiny fraction of the overall property values -- and are made in a factory, on the cheap, in mass quantities. Making structures has been solved for hundreds if not thousands of years, making land is the problem.
> Making structures has been solved for hundreds if
> not thousands of years, making land is the problem.
Well stated. I think land allocation also contributes to the issue. I was pleased that 'mixed commercial/residential' zoning got to be a thing as it makes for a much nicer living experience if you have your basic needs met by walking. I'm still waiting for a mixed commercial/residential/governmental tract where you can have a police station, library, courthouse, and office space mixed in with houses and shops. I remember touring York in the UK and thinking about how medieval villages were set up, they have the taint of 'old times' but they optimized a space for useful living and commerce. I think there are things to be learned there.Especially for "consumer" facing government services like libraries and postal centers.
I think getting local governments to mix in more "official" functions might be harder since some of the legitimacy of those functions sometimes stems from the power signalling they use to distinguish the building from the rest of society -- e.g. courthouses tend to be big official looking buildings with lots of wood paneling in the courtrooms.
In Korea, where land is at a premium, you find tiny police stations all over Seoul, but even the very small ones tend to be stand-alone affairs. IIR courthouses tend to be either standalone or as part of larger local government centers.
http://img11.deviantart.net/5c0d/i/2013/337/5/1/police_stati...
https://s3.amazonaws.com/gs-waymarking-images/fb6d6675-11fb-...
In the backwaters of upstate New York, half the post offices are in leased buildings, including parts of private houses in otherwise residential neighborhoods.
So, you don't really need anything special to provision for local government, just a local government with tax dollars to spend.
Lethal Weapon 4?
You're not going to find any huge suburban type houses, but there are a lot of small to medium options, all with their own strengths and tradeoffs.
There's panelized construction, which is like IKEA for houses. This works reasonably well for rectangular houses. The joints can be a weak point, both structurally and as leak points.[1] Plumbing, wiring, and interior walls are best done at the factory, but that makes the connections complicated.
If you're willing to have exposed bolts and joints, it's easier. Butler Buildings makes industrial buildings and barns from prefab panels of corrugated steel. Those buildings are everywhere in rural America. They're strong, they go up fast, they can be purchased with insulated panels, and they last a long time. You can even get a fake brick exterior and a nice interior. But the result will look industrial.
[1] http://www.huduser.gov/portal/Publications/PDF/path_panel_co...
It limits the size of the individual module, but I've seen an entire multistory, city-block-size apartment complex built up from trucked in modules; limiting the size of the prefabricated modules doesn't meaningfully limit the size of the final building.
Pretty incredible watching the entire storey of a block worth of townhouses being assembled in an afternoon.
[1] Article on the "overly" ambitious Sky City -- http://fortune.com/2015/07/09/china-skyscraper/
[2] The video of them building 57 stories in 19 days -- https://www.youtube.com/watch?v=PyxwgLYbAk0
Unfortunately they weren't very well insulated and suffer from catastrophic rusting of the rebar ("concrete cancer"). This may make them unsaleable: https://harveybowes.wordpress.com/2014/02/08/are-concrete-ho...
(They look nothing like the US "doublewide", but more like similar panelised concrete construction in Eastern Europe)
Here's a firm in Austin that specializes in making them in the Modern style: http://www.mamodular.com/
Why half a million when you could have 600 square feet for 1.3 million in Silicon Valley?
https://www.zillow.com/homes/for_sale/Sunnyvale-CA-94085/195...
So your choices are rent or live in a hotel if you don't want to buy a home this expensive?
I would be making some tough choices if I had to move out there.
Actually, the ease of getting to Central, Arques, Fair Oaks, and Wolfe makes that location extremely compelling for a lot of people, me included. From Central eastbound you would take the Fair Oaks exit, keep left onto America, and boop, you're home. That's actually pretty good, unless you're expecting Sunnyvale to behave like San Francisco and be anti-car.
This isn't theoretical, either. I know someone who specifically looked in those dozen or so blocks between Maude and Arques once his employer dug in about a mile away, and he ended up buying on Morse. He walks now. It's a cute little neighborhood, and I'd consider it if I were in the market.
What follows from b) is that it would be less difficult/expensive to customize a house to match the constrains of its site, which is currently hard when dealing with non-flat, non-rectangular lots. One could even generate building designs algorithmically according to some heuristics.
My prediction is that if house-building robots take off, we'll see a lot of co-evolution between the machines and architectural design software.
Apparently the $10k includes electrical, windows, etc.
edit: 2 people, 7h (including a 40min break), one wall: https://youtu.be/gSM70WGbTiA?t=25 This is what the innovative part of the project is competing against.
Personally if I was constructing my home with my own hands, I would go for brick.
Unless you happen to live in an area with earthquakes... if you do, the flexibility (literal, not metaphorical) of 2x4 construction will really shine.
This article also mentioned another Chinese competitor can 3d-print 6-story apartment and a mansion.
https://www.theguardian.com/technology/video/2014/apr/29/3d-...
"We Are Building the Future Today."
That said, I agree that it would be interesting to have a independent study of the complete environmental impact of such a building, from its erection to its disposal.
I would instinctively expect a smaller impact from this kind of "lean" approach, though this might also create problems due to the economy of scale not necessarily being present.
Curved walls only look good from the outside. Design looks like something someone who has never built a house before drew up. Things like a sofa that can't face the TV screen, or ostensibly a bathroom that you have to walk through the bedroom to get to.
Also everything looks very narrow. I want to see them build a real house this way, something with full-sized doors (36"), full-sized washers and dryers, something with 2 levels, something with actual electrical outlets (I see none in the video or pictures).
I can slap together a shed without plumbing or electricity in a day. Boasting about the price, showing electrical appliances, but not including the electrical wiring... let's be kind and just call that some "optimistic marketing." I mean... It doesn't even look like they have a real foundation... And small point... if they are going for speed, why are they using a roller to apply paint? Spray would do a better job and cut the painting time more than 50%.
Though part of the point is that you can use this to make more complicated structures with less effort and error; whether they are always appropriate is sort of a separate question.
I think they have included wiring costs based on comments here & on reddit, though their site seems to be down after the HN hug.
Personally I'm more interested in modular construction than 3d printing since it's much clearer how you scale that up to larger buildings, but this is still neat.
I also don't see the cost of the foundation included... looks like they built on top of an existing concrete slab but didn't add that into the cost. I don't want to rip on them too much, but if they start talking about time and cost (literally as the headline) and they aren't being honest about what it really costs... it's hard to trust anything else about the article.
Can it even be called a "house" without a heater? I mean... they aren't following any sort of industrialized nation building code at all here. No sinks, no bathrooms (can't tell), no insulation in the roof, no smoke alarms... Calling it a "house" and bragging about the time it takes to build and cost... it's moot if it's not really a house. That's all I'm getting at.
I'm not sure why the OP thinks that it can only do curved walls. The "print head" is pretty clearly capable of accessing any point within its working radius.
I don't understand why all the walls, at least, aren't built in a warehouse and then trucked in. It could be built cheaper, more precise, with far less wastage. Holes for electrical, plumbing and HVAC could be already put in. Even windows can be pre-installed.
(I know that part of the problem is architects under-design houses, leaving it up to the contractors to figure out how to route electrical, plumbing and HVAC on-site.)
I guess this is just because there is no company doing it properly and maybe no market for it.
It's got to be an industry ripe for disruption.
In Japan where it's preferred to make a new home rather than buy a pre-owned one (outside the big city), pre-fab seems to have taken off rather more (13% of new builds in 2013). For example, a house built in a day (customisable, moderately expensive but very high quality):
No-one is willing to pay architects/engineers to design houses like airliners which have all the cables and pipes routed in CAD before hand, the margins in the industry are too low to take the time to do this. Sometimes if there is a tricky area where I am concerned that the parts won't fit I will do a reference design to be sure that I have enough space, but contractors almost never build it the way we have drawn it anyway because we haven't specified the systems which they prefer because of the kickbacks from existing relationships with their suppliers. There is nothing more annoying than doing a load of work for free which you know is pointless.
I have worked on everything from individual houses to airports and even with large buildings the contractor's engineers often completely redesign the systems that have been designed by the client's engineers.
Edit: another example. http://www.dan-wood.co.uk
Is this cheap enough to house people in third world countries. Probably not yet, but could it be on the way? And I'm sure construction costs aren't even the primary economic factor to solve...
Is it possible this trend could make vacation housing for affluent people disposable?
I love the idea of having a tiny house or even two I can move around, but I suspect, knowing me, that it wouldn't get used and would take more maintenance than I'm really truly interested in.
The reason why you often see people homeless or living in squalor in the third world is because they were uprooted by war, famine, or natural disaster. They often need short notice temporary dwellings, rather than new permanent ones as this would produce.
So there's a market for "popup housing" in some of those countries (and even in the US for natural disasters such as Hurricane Katrina), and the Red Cross and similar international aid charities make some use of those. Erecting concrete structures that would be hard to disassemble is likely a non-starter (in particular as it requires a plentiful supply of water which may be unavailable in an evacuation zone).
Your statement about the 3rd world not being a good market is, of course, correct.
The raw materials + labor for a 'casco' (that's what we call them here) are not the biggest factor in creating a space that you can live in.
It's all the wiring, plumbing, window sills, insulation and so on that make up the bulk of a construction project.
That's also why those 'built in 24 hour' structures then need a lot of work (far more than the initial 24 hours to lay the base) to finish them.
If you want to house a lot of people cheaply, build a big, ugly apartment building. Or twenty. No big deal. The cost comes from the fixtures, finishing, the land, and (most especially, in desirable areas) the building permits.
This is cool, but it's hard to see what problem it's solving.
Right. If it was legal to build tiny, cheap houses, you could build tiny, cheap houses, including using this tech. But since it isn't, you can't.
The issue with housing in the bay area is NOT, by any possible stretch of the imagination, that it's technically challenging to make small, crude houses cheaply enough.
Plus:
> not even including land and permit cost.
But you do need the land and the permit. And once you have those, why not build a nice house? It's sensible to try and use the scarcest resource most efficiently, and in coastal CA, the scarcest resource is neither building materials nor labour.
However, taking such a thing and sending it up to Mars or the Moon, now there's a potential for "real" prefabricated housing.
I wonder why that is.
I wonder how this compare to a yurt or straw bale construction.
That'll be one of the biggest obstacles to 3D printed housing in the US. Even if you somehow get efficiency gains through 3D printing, it's going to require a different configuration depending on the regulatory environment, which varies by nation and state and county and city and topography, and changes every year.
These regulations affect every detail of the construction of your house, from the foundation to the window panes. Even details as innocuous as sink depth are regulated.
Although, these days, not sure whether to legitimately include UK as part of a European discussion, sadly.
I could easily see the US government (or rather, their contractors) using this technology when constructing bases overseas, especially in places in Afghanistan where workers don't just need to be paid, but fed, housed and transported at great expense.
I wish I could get my land prepped and then print it out cheap or dropped off but haven't found anything that can get me to the price point I want with ~2500 sqft other than doing the typical way.
Concrete is also amazing. I can't believe how wood and stick frame took over traditional housing methods.
A better approach would be to have the robot print the concrete forms, allowing for humans to erect and fill them on the site. That might actually save on manpower.
You have to move materials on site anyway, so I bet they simply prefab modular components and then assemble somewhere else.
They just want to show they can build any shape and even take electrical and plumbing into account as they build.
I agree the "any shape" aspect is key in that they're probably going to do more engineering and repair work than anything else. So dig up a sidewalk for a repair they'll print in place a new sidewalk faster than someone can build a sidewalk form, minimal as that is, after all a sidewalk is pretty small compared to an entire house LOL. Or your cellphone tower taken out by tornado they'll print a foundation for a backup tower as fast as rebar can get tossed in, sit a couple hours, toss a tower on the foundation, and you're back on the air. Or exotic repairs to civil engineering accidents, maybe that dam in CA needs a herd of 3-d printers to make a new spillway faster than they could even construct the forms. This also might come in handy with tunnel boring machines, rather than making pre-made panels fit, you could print panels to fit the as dug hole, which is interesting to think about.
The CivEng side of the conversation with the concrete factory probably sounds like: There's some damage, we're not even sure how bad it is yet, no obviously we haven't built a form we haven't even hauled out the big rubble yet the crane just got started, OK send out your 3d printer to patch, we should be done demolishing and hauling out the broken chunks by the time your truck arrives.
Even better if they can print nicely enough to make it residential grade appearance, perhaps they can patch things to look nice, not merely be physically strong enough.
Due to the wording of the sentence I'm not sure if the material is included in the calculation or not. But assuming prices going down and technology improving a building like that for 10-20k in 24h is an interesting proposition for on demand housing (even if it is just destroyed afterwards). Embedded sponsoring by Samsung aside I think the wall printed to match the curvature of the TV is an interesting example. This could be interesting for events/marketing booths etc.
Edit: This could also be very interesting for Hollywood for set building :)
- land - hookups
Had this discussion today with someone enthused about a tiny home community until the land use rental fee came into play.
Is this the prototype of cheap "terrafoam" housing for the poor ppl displaced from the society? ;)
I can see artsy architects thinking up a whole new range of designs that escape the constraints imposed by established manufacturing and construction practices. Probably not as much not for permanent habitat, but for a garage, or a playhouse for kids.
[1] https://www.fastcoexist.com/3056129/this-house-costs-just-20...
It looks like it forms a structure that only works in compression because of the way it is laid down. Even if it is glass reinforced concrete I don't think there could be a good structural interface between the printed layers. This is why it doesn't print the roof and they don't show how they dealt with the lintels over the doors and windows. These must have been installed manually. If the window openings had been 3d printed then they would have needed gothic arches to get around the 45 degree angle corbeling problem which is inherent in compression structures and the roof would have looked like a gothic vault for the same reason.
Another thing that is needed to make this into a dwelling that won't go mouldy, is some kind of vapour control layer on the inner concrete face. You then need to wire the place up, but there is the problem of how to hide the wires internally. You don't want electrical cables to go through the vapour control layer where possible and you definitely don't want any cable junctions where there is a risk of interstitial condensation making the electrics 'go fizzy'. Did they have to manually install dry lining over the cables? Are the internal faces rendered over conduit and then plastered?
I think their costs are suspicious as well, I don't know about Russia but in europe $227 would barely cover one day of time for 1 groundworks operative let alone machine hire and materials for foundations. A recent project we worked on had £20,000 installed cost just for the gravel fill for the groundworks for 2 small houses.
As an Architect, I think CNC machined cross laminated timber panels are more interesting because the embodied energy characteristics are much better and they are capable of forming diaphragm structures that experience tension such as floor and roof planes. In general flat vertical surfaces are not going away any time soon, because they are ABI compatible with Furniture v1.0.
Now, let's get this over here in CA - I know I'm just dreaming.
this is what elon musk must send, not just an orbital tour.
The only way to get actually affordable housing is to tax land so hard that it stops being an investment at all and becomes merely a commodity, like it should be.
If there is a problem, it's with the availability of land for building new housing. Zoning laws and NIMBYism artificially constrain the supply side of the equation, which drives up rents. There is no extortion happening - just supply constriction.
IF you add a tax to owning a property, you make it less interesting for people to buy housing, since it will be sold for less, and thus creates less supply for the future renters.
This isn't technically incorrect, but it overlooks some important details. Historically, prices typically reflected local supply and demand, but recently throughout the world we are seeing tremendous external demand from people with massive wealth entering local markets and driving up prices. In other words, in your statement "Landowners can only charge what people are willing to pay.", "people" is not the same thing it was 10 or 15 years ago.
Of course, this has always been the case to some degree, it's just much more widespread now.
Also gentrification.
Even then, locality still matters. The children of chinese industrialists or party officials aren't buying property in Littleton, NH. Just in places like NYC, Miami, Vancouver, etc.
Like anything real estate, boom leads to bust. Mere millionaires will be living it up in NYC penthouses again soon enough.
I can't recall just how much I was told the offers were, but they were significantly over the listed price of each house. The cheques were signed and handed over (presumably to make a firm offer) and they left. So, at least one wealthy Chinese family are buying up in the smaller towns. (Perhaps they had a forecast that suggested property values would go up significantly. Who knows?)
It's worth noting that Dunedin's permanent population is around 75-80,000, but as it's a university town it can get as large as 120k during semester. Housing stock are small, old, cold, drafty, damp houses, and many student dwellings are literally falling apart but the rents per room can be more than $100/week (where the student loan or allowance approaches $200/week). Most landlords who own student housing expect to make a lot of money, and a number of don't care about the conditions the tenants live in.
If you're curious, go to Google Maps and look up Hyde Street, Dunedin. Or Castle Street North. A friend of mine had me go and look at a flat for her, while she was out of town. It was literally a woodshed that had been reclad and had a window put in, on Castle Street North.
It's getting to the point in many western nations where there are two classes of people: those who own real estate, and those who don't, and it couldn't be more obvious which one of those groups they are serving. If a Trump comes along in Canada, I think I would knowingly vote for a disaster, at least it would level the playing field. If those who lucked into wealth don't give two shits about anyone else, the least I can do is vote to destroy our economy and return the favor.
Many people pay more than they were willing to or have to share their place to be able to pay rent. When the choice is between paying more than you were willing to or not having a place to live, you don't really have a choice.
But even more, it would be more practical to understand why are people paying such high rents, not only because of housing supply, but because of the concentration of work in the cities, once again, making it way more sustainable to live in a city than in the country side.
I live in Los Angeles, and rents here are certainly higher than i'd prefer. Not as high as some places, but much higher than most.
But where I live doesn't really matter. What matters is that this is still a simple question of supply and demand. The fact that the real estate market has globalized has allowed these properties to get closer to their 'true value'. The true value of living in one of the most bustling, dynamic economies of the world turns out to be quite high. And that is a price that unfortunately most people can't afford.
For some reason people tend to view this as an affront to human rights. We don't view it as a violation of human rights when someone can't afford a Ferrari, but we do when they can't live in San Francisco. But at a fundamental level, your cities like San Francisco, New York, Los Angeles, Tokyo, etc..are the Ferrari's of cities. They are luxury products and life in them is priced accordingly.
> Many people pay more than they were willing to or have to share their place to be able to pay rent. When the choice is between paying more than you were willing to or not having a place to live, you don't really have a choice.
It isn't a choice between paying more or not living though. It's a choice between paying more and not living where you want to live. As I previously mentioned, it's also an issue of artificially constrained supply due to the political and social influence of existing property owners, which is indeed a huge problem.
> If there is a problem, it's with the availability of land for building new housing. Zoning laws and NIMBYism artificially constrain the supply side of the equation, which drives up rents. There is no extortion happening - just supply constriction.
There's been a simultaneous skyrocketing housing costs in disparate parts of the world in the last 20 years - I find it implausible that they got NIMBYed to the tune of tripling the price of real estate all at roughly the same time.
Its interesting to see that dwelling production in the US hasnt caught up with basic demographic demand: its possible the 2008 crisis hit developers so hard that its taking time to recuperate dwelling construction (generally world wide)
The elephant in the room is that, during that same time period, China (and to a lesser extent, other BRICs) suddenly acquired a tremendous amount of wealth, and saw developed-world housing as an attractive blue-chip-investment/money-laundry.
You can argue that NIMBYism made it harder for the Chinese to dump money by the freighter into the real estate market, but is that really a bad thing? It caused(/is causing) a massive bubble in an area that should be stable, on account of it being critical infrastructure.
In any case, it's the giant piles of cash coming in that's the actual cause of the issue. NIMBYism (in the right-wing view), is taking the entire blame, when really it's only a factor, and it's highly debatable whether it's helping or hurting considering the potential downsides of the influx.
The chinese money angle is interesting, and though it can definitely help raise prices, once development gets hold of demographic growth, and a tad more, even increase demand would be met with increase supply.
One of the great problems nowadays is that supply is not catching up and lots of measures are being put in place to limit demand, but once =supply catches up (which it can, and considering prices theres little reason to think otherwise), house prices could stabilize or even go down.
Nobody made land. So why should some people be able to demand money from others for it?
That's a silly comparison. You could say that about literally any product that's charging more than you feel like paying.
> Nobody made land. So why should some people be able to demand money from others for it?
Now that is an interesting question. I think there is a strong case to be made against the ownership of land in general. The fact that people have been allowed to own land seems like an odd historical quirk to me. I think it should probably be changed.
That, however, does not make rent into extortion. It's still a commodity regulated by the same laws of supply and demand as anything else.
Exactly. Property is a system of violence.
That is a double edged sword though (at least in the US). If we continue to try to divest of public lands (thank you republicans) but then tax private lands, what happens to conservation efforts?
You'd at the very least need to enact something that has an exception for land conservation, but good luck keeping out the loopholes. Minimum of 100 years before the land can be built on? And then an egregiously high tax at the end if it is to be built on?
Of course that also means more people looking to rent, so I don't think that will really work, but its not an absurd suggestion.
You're arguing against a strawman of a concept I'm not even a real fan of. There's no need to attack via the fallout of flawed implementations. If you disagree with the fundamental concept that's valid, but it needs to be disproven on a fundamental basis.
With the internet and modern transport infrastructure there's no reason to live in a big US metro area like SFO or NYC. The quality of life sucks and the cost of living is outrageous. I can be in midtown Manhattan with a trip about 20 minutes longer than the average Long Island commuter, and live in a bigger, nicer home in a better place that would be possible in the metropolitan area.
It's kind of ironic that we pay people on the other side of the planet to run our IT systems, but the average technology company insists on locating much of its stateside operations in a small number of ridiculously expensive places that increase cost and almost certainly decrease the quality of output. Car companies figured this out 100 years ago.
Single 20-somethings (whether or not they happen to be tech CEOs) often enjoy living in cities.
Older people with children generally do not.
I think this is a dubious statement. The bifurcation of American society, with increasing concentration of wealth in cities, and increasingly desolate rural areas, has only accelerated in recent years.
The fact is that most in demand knowledge workers want to live in central urban areas. You say you can have commute "only 20 mins longer than your average Long Island commuter" - does that mean your door-to-door time is over an hour each way? No thank you, I'd much rather live in a small apartment with a 15 minute walkable commute.
My comment is more about the idea that we demand that people work in overcrowded cities in large offices, where most jobs can be done remote or in small offices.
That's definitely false. There are hot markets for "knowledge workers" in every American metro, and a hot virtual market that is more than happy to pay for talented developers no matter where they're located.
In local markets, salaries may be adjusted based on the cost of living, but in relative terms, valuable knowledge workers have a lot of opportunity and are compensated well for their work wherever they live.
You might be conflating "my classmates at the university" with "in-demand knowledge workers", but it's incorrect to assume that people who could match the profile of a recent graduate comprise the majority, or really even a substantial part, of the "desirable worker" market. Real-world experience is immensely valuable, and real-world experience is generally only found where age, the necessary corollary of experience, exists. That is frequently not urban centers.
I know a senior developer who, in his mid-50s, left behind the Seattle metro for a quiet life in the mountains of Idaho. As long as he had an internet connection, his clients were more than happy to keep him on board.
I've spent my entire career in metro areas of respectable size, but not the "urban centers" or tech hotspots that you're probably referring to. There are good (and bad) developers everywhere.
>No thank you, I'd much rather live in a small apartment with a 15 minute walkable commute.
That works while you have 1 -- maybe 2 -- inhabitants in your "small" (read: tiny) apartment. If you ever have kids, the impracticality of this plan will be immediately visible. This further suggests that you're constraining your view of "in demand knowledge workers" to the under-30 set. I suggest you get out more!
This is an utterly ridiculous statement. Clearly there must be many reasons that hundreds of millions of people worldwide choose to live in big cities. Just because you do not personally find it valuable does not negate its benefit for countless others.
There are plenty of reasons that clustering like industries is useful. IMO, it's been taken to an extreme and the reasons for doing it in technology are mostly convenience for investment management types.
The case has already been made by the large companies. How many of JP Morgan's 30,000+ developers are in the NY metro area? If you pick 6 mid-sized tech companies at random, and try to justify why they need to be in SFO, you'll have a tough time. Most of the engineers could be in Omaha for half the price.
You're talking about something different now, needs versus wants. People live in cities for many reasons besides strict necessity. Quality of life, cultural events, diversity, ease of transportation, take your pick. Heck, there are plenty of developers who work in Silicon Valley but choose to live in SF. They could live closer to their jobs. Are they daft? Or do they value other things about urban life that make the extra rent and a longer commute worthwhile. Price is not the only consideration for where to live.
Wasteful land use? Why that, because of the unusual form of the house? That was probably just to reduce movement of the printing head and fit production within the 24h deadline. They seem to be able to build rectangular structures just as well.
"The occupant of this house will indirectly demand roads, power..." etc. - just like the occupant of a usually constructed house. I don't see how it is an argument.
This is definitely useful for building of special forms which are hard, expensive or not possible to build otherwise.
Did you even read the article? The cost includes wiring, and interior and exterior finishing, the prices are even itemized.
The rest of your argument applies to any housing at all, and has nothing to do with this proof of concept demo.
This is kinda cool, not incredibly new, but the first 3d concrete printer I've seen. It's not the cheapest house on the planet, but it's more than an order of magnitude cheaper than what most Americans are paying. So why are you dumping all over it? Just don't buy one if it's that bad. :P