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Prefabricated Housing and Buildings Evolve, Business and Industry Trends Analysis

In this increasingly technology-driven era, it is interesting to note that homebuilding is one of the last industries to remain focused on manufacturing by hand using traditional methods.  For several decades, entrepreneurs have attempted to commercialize various kinds of prefabricated housing with very little success.  For example, HUD (the U.S. Department of Housing and Urban Development) pushed a well-funded program in the late 1960s that sought to encourage modestly priced, high-quality housing through factory fabrication in materials that included steel as well as wood.  The Sears Roebuck catalog sold home kits as early as 1908 (these now historic homes are considered highly desirable today).  Post-World War II, William J. Levitt, a homebuilding leader of great fame, introduced modular housing to lukewarm response, which petered out once the housing boom subsided.
Nonetheless, until recently, the market for prefabricated housing was tiny, and most homes are still constructed on-site by hand.  This is also true in commercial buildings.


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