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The affordable housing crisis in the United States continues to be a problem and it’s only getting worse. Nationally, there is a shortage of about seven million affordable homes for our nation’s more than 11 million extremely low-income families, according to the National Low Income Housing Coalition. Some areas are worse off than others, with the San Francisco Bay Area — the heart of the U.S. tech industry — among the worst.
Factory-built modular homes are gaining traction as a possible solution, and could reduce the cost of construction by 20 to 40%. Entekra, Blu Homes and Blokable are already using this building technique while Connect Homes, which is led by a former Apple exec,…
Source cnbc.com
