🏡Prefab homes offer a faster and more efficient way to build houses.
📈Demand for prefab homes in Canada is increasing, with a thousand inquiries per month.
💰Scaling up prefab home production is costly, hindering the ability to meet demand.
🏢Prefabricated homes are built in a factory and assembled on-site.
🌐Canada needs around 6 million new homes by 2030 to address the housing shortage.
What are prefab homes?
—Prefab homes are houses that are built in a factory and assembled on-site, offering a faster and more efficient construction process.
Why are prefab homes gaining popularity?
—Prefab homes are gaining popularity due to their ability to be built year-round, indoors, and their efficiency in meeting housing demands.
What is the main challenge for prefab home developers?
—The main challenge for prefab home developers is the cost of scaling up production to match the increasing demand.
What is the proposed solution for prefab home developers?
—Prefab home developers propose government support and streamlined design processes to help scale up production and meet housing needs.
How many new homes does Canada need by 2030?
—Canada needs approximately 6 million new homes by 2030 to address the housing shortage.
00:00Prefab homes offer a faster and more efficient way to build houses.
00:19Despite growing demand in Canada, developers struggle to match supply due to the need for expensive scaling.
00:48Prefab home developers want government support and streamlined design processes to meet the country's housing needs.
01:14Canada needs around 6 million new homes by 2030 to address the housing shortage.
01:22All eyes are on what happens next in the country's tight real estate market.
