The issue here, along with all 'modern' construction methods (eg sips) is that without 50 or so years of data it's nearly impossible to get home insurance at a reasonable rate, and no insurance means no mortgage.
Seems like an incredible opportunity for a combined fintech/civil engineering startup. You can forego actuarial tables if you have a decent enough understanding of the building process to estimate what the failure modes are going to be.
> fintech/civil engineering startup
> You can forego actuarial tables
Please no. Mortgages inevitably get resold to investors. The last thing we need is another 2008 because half the new houses built start crumbling after 10 years
1. opportunity for the maker to have their own financing programme, and hopefully be very affordable for the avg person, maybe even programmes for the poor, another for young families
2. If this kind of house works well and sells, it won't be the bank that funds it... they'll spin up or buy out a fintech start-up that takes on "riskier" mortgages
lots of opportunities everywhere, but we should have way more of these 3d printed homes. it should be accessible to all for a fraction of the price of a "traditional" home in the same way that prefab homes which are now overvalued and overpriced were for our parents. we need this tech to be open sourced
Most mortgages still get packaged and sold in the form of ABS or to Fannie and Freddie. I think you’d end up with an inability to package them unless you could convince the feds and asset managers that they can consistently survive the lifetime of the mortgage.
Seems like an opportunity to create an FM Global like company for home insurance.
Basically their business model depends on combining engineering and risk analysis.