But the world of modular housing, which includes multi-unit apartment buildings and conventional-looking houses, is littered with companies that have gone bust.
AdvertisementThese restrictive policies often reflect the lingering perception that factory-built homes are inferior to traditional housing, Erlich said.
Investors aren't convinced there's sufficient and consistent demand for modular housing in most markets.
They tend to be run by people with deep experience in the construction industry, Erlich said.
AdvertisementDo you work in the modular housing industry?
Persons:
—, Mark Erlich, Katerra, Erlich, Andrew Justus, Justus, Biden, aren't, there's
Organizations:
Service, New England Regional, of Carpenters, Urban, Niskanen, of Housing, Motors, Avana, Factory, New York Times
Locations:
Silicon, California, Brooklyn, Manhattan, San Francisco Bay