4.6 • 716 Ratings
🗓️ 15 March 2023
⏱️ 6 minutes
🧾️ Download transcript
Today is Wednesday, March 15, and we're looking at Jamaica Cottage Shop vs. Boxabl.
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1:07.5 | The From Wondery, I'm David Brown, and this is Business Wars Daily on this Wednesday, March 15th. |
1:11.6 | If you've been thinking about buying or selling a home recently, you know that it's not an easy prospect. The U.S. housing markets facing a range of challenges from low inventory and stubbornly high prices in many markets to soaring interest rates and stricter underwriting standards that make it tougher to qualify for a mortgage. |
1:24.5 | This confluence of factors has made affordable housing rather scarce. A redfin |
1:29.7 | report released earlier this month found that just one in five homes was affordable to the average |
1:34.4 | household last year. That's roughly half the number of affordable homes from the previous year |
1:38.9 | and the lowest percentage on record. A listing is considered affordable if the monthly mortgage |
1:43.9 | payment is less than |
1:44.8 | one-third of the county's median income. Well, now some enterprising businesses are working on |
1:50.2 | solutions to this affordable housing crisis in the form of kits to tiny homes, and they cost less |
1:56.2 | than $50,000. Jamaica Cottage Shop is one of those companies. ZD. Net named its Vermont cabin model its top pick in the category. |
2:05.6 | Fully assembled, the kit yields a 600 square foot home with an equal amount of lost space. |
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