The following story is simply fascinating. Provided this and similar structures are able to stand the test of time, it will have unbelievably deflationary consequences for home prices across the world.
I first highlighted this company, WinSun, last year in the piece: Zillow Study Shows 1 in 3 Homes are Unaffordable, Meanwhile Vacation Home Sales Soar. Here’s an excerpt:
This month, architects in Amsterdam started work on the world’s first completely 3D-printed house. It’ll take three years and quite a bit of money to finish. Meanwhile, in Shanghai, a company claims to have printed ten houses with inexpensive industrial scraps in less than a day. What’s the difference?
It depends on your definition of 3D printing. Both projects are using massive 3D printers; in Shanghai, it’s 490 feet long, 33 feet wide, and 20 feet deep. Rather than expensive plastic, though, the Chinese company WinSun Decoration Design Engineering Co is printing with a concrete aggregate “made in part from recycled construction waste, industrial waste, and tailings,” according to the Architect’s Newspaper. Each of these homes costs less than $5,000.
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