Frustrated by her lack of self-determination in the housing market, Sarah Murray created a computer game that allows home buyers to design a house and have it delivered to them in modular components that can be assembled on-site. Learn how her effort is putting would-be homeowners in control of the largest purchase of their lives — as well as cutting costs, protecting the environment and helping provide homes for those in need.
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First
Nice!
YEET
yeee
I used to scream when surprised, YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEET
49th!
Oh yay. Sims but for the rich.
Sims is already expensive
Wait.. You couldn’t afford a home so you made a person not only pay for their home but pay for a portion of someone else’s as well??
Houses are too expensive due to land value not building costs. Land value is growing because it is being artificially inflated by the way money lending works.
Also paying for water and electricity hookups.
also more land taken makes less farm land increasing the value of land specially farm land increasing a lot in price. Ive seen so much farm land taken away and turned into a land of houses. Now less food is being farmed increasing food cost as well.
mindlesstube we are going to have to go through a transition into vertical farming utilising each square meter. The problem is the land is brought with money that doesn’t exist until you sign on the line of your mortgage agreement. This is also why there is more debt in the world than there is actual money by a substantial margin
other than cheap money, you also need population increase which is sudden and not organic over time
This is all well and good, but in the US, good luck getting a loan to cover what the banks consider a mobile home. This is still out of reach for the vast majority of people.
So you save on labor costs by having these components made in a factory at lower rates.Then you add 10 % to the cost so that for every 10 houses sold,1 is given away.Nice thought to give away houses,but how does this make the ones for sale affordable ? ?
Instead of building individual houses, build large high rises – those seem to be more environmentally friendly, more cost effective, and often you have better access to public transit, further helping those two factors.
High rises don’t actually make economic sense above a certain number of floors (optiminal is 6-8 in many cities, maybe 12 in high density areas like Hong Kong or Manhattan) because the cost of building each floor is more expensive than the last, you hit a point of diminishing returns where it’s cheaper to buy more land… iow, it’s cheaper to buy another square meter for more floor on the ground than it is to put another square meter of floor 12 floors up.
Interesting. Well, the point still stands – figure out the most economic number of floors to get the cheapest cost per a square foot, build as many of those as possible to try meeting the demand for housing.
Blah-3. Everything that already exists is being revised here in the most boring way possible. She wants to do this and she wants to do that. But, the world is a evil place and things don’t work like she wants so she started making modular houses with custom designs on 3d printers. Wow, what a load of innovation. She doesn’t even have an idea why are houses so expensive. Are they expensive to built or are they expensive because on the land, location, taxes etc. Never expected this from TED.
How lond have you been without watching TED in the late years? It’s has been going downhill very quickly from what it used to be.
im a young architect and contractor. prefab house can cut cost upto 70%. i dont think you know the point she want to make. lower cost means lower tax. the techbology can be applied to new development residential area with lower land cost. pardon my english
so many toxic people in internet. useless in reality. sad thruth
azan subhie what’s new with pre fab houses? And what’s new with using 3d printers to create it’s parts? These technologies had been available for years now and are getting cheaper with time. So do we need a rocket scientist to tell us that? It’s ridiculous how people who don’t have the slightest idea about the practical aspects of things lecture everyone after reading some books that are publicly available. Why do you think the property prices are increasing? Do you understand a simple concept that if you make a house in a village then your cost will be lesser rather then creating it at a urban dwelling with porsh place? Do you understand that majority of the taxes are related to the actual land being acquired to built a house in the first place? Modular houses have been in existence for decades. 3d Printing technology have also been Printing these modular parts for years now and that too at a decreasing price. So what’s new here? It’s like telling people what 2+2 is. Every educated person knows the result. And it’s no rocket science. TED have lost its class by inviting such copy cats.
Naman Gupta what a twath
What is the retail price of this game that allows this business model to generate enough profit to sustain itself and simultaneously for every 10 customers build a house for a random third party (non stakeholder)? How does building an imaginary house provide a persons bank account with enough to afford a house? People can’t afford a basic house so let’s add solar panels (an expensive investment), how does that make it cheaper? Fringe construction technology is amazing and eco friendly but isn’t widely used because it’s currently not economically feasible, let’s use it anyway? Did you mange to buy a house in the end? The initial problem posed was a financial issue and none of what was said addressed the problem, nor was there any innovative solution or technology presented. Putting the user at the center of the process is simply good design, and certainly not groundbreaking idea; while interesting to see a proposition to the construction industry for how they may accomplish this it doesn’t solve the current problem.
. ___ .
What a nicely given speech on another worthless idea. Thanks Ted
Yep
What’s the deal with homeless people? Just get a house LooL 4HEad
LOOOOOOOOOOOOOOL
End mass migration
That wont decrease house prices because people will still pay the same amount for them the supply doesnt matter, its called “in-elastic demand” or “prirce in-elasticty of demand”
A more playful solution:
Everyone gets a bouncy castle.
And it would be just as effective.
I feel like I’m missing the point here. Is she dealing with housing, or just decorating a house? All I saw was a lot of furniture buying, which is hardly a solution to the housing crisis. I mean, if I missed something, please tell me.
The problem is not with architects and builders but with zoning and land speculation. Levying high land value taxes and using them to fund a citizens’ dividend would work wonders for the housing market.
Stop government intervention. Problem solved.
So these corporate companies buy houses over the market price and lend them to people who can’t afford to rent? xD
Something doesn’t match clearly in what you’re saying, I hope you see it! xD
TimmacTR well if corporate had some sort of collateral it would be well worth to lend. But idk the situation in Germany so I wouldn’t know if that’s exactly what’s going on.
Also de-regulated industries are always easier to game.
calib turner what does that even mean deregulated are easier to game? xD
Corporations love regulations, it permits them to eliminate snaller competitor, which is why they have so many lobbyists, that smaller companies cant afford to pay.
“Corporations love regulations”
“permits them to eliminate snaller competitor”
“which is why they have so many lobbyists”
You really have no idea how corporations work, do you.
TimmacTR lobyists are there to prevent further regulation. Since when did corporations like being told how much pollution they could produce or how much they have to pay their workers or who they can lend to or where they can build factories. Why do you think the NRA has lobbyist? To prevent gun regulation.
“Truly sustainable housing should be affordable to everyone, and available to all”. I agree with her here, but not in a way she would agree with. You see, our ancestors were nomads. Homelessness is affordable to all and is truly sustainable and is also the state of housing for humans for the majority of human history. I have solved the housing problem! It isn’t a problem. Now lets just end all the pesky laws against homeless people, and problem solved once and for all.
omg what airy fairy bs…builds are cheap unless you want stuff like u see in grand designs. land is the main cost