The successful test of the hyperloop transit concept could lead to significant changes in U.S. housing patterns.
Current transportation methods limit the distance that people can reasonably commute to get to work in urban or suburban settings. Higher density populations, along with urban sprawl, creates congestion on road ways.
Various factors lead to accelerating land cost, and denser housing that is often high-rise in nature.
The successful adaption of the hyperloop may change that, and that future could be coming soon.
“Rural areas cover 97 percent of the nation’s land area but contain 19.3 percent of the population (about 60 million people),” said the U.S. Census Bureau Director John H. Thompson, in a Dec 8, 2016 statement.
It’s currently those rural areas where manufactured homes have tended to be most used, due in part to the failure of the Department of Housing and Urban Development (HUD) Office of Manufactured Housing Program’s in applying the enhanced preemption under the Manufactured Housing Improvement Act of 2000.
Industry Leader Sounds Off on Hyperloop and MH
“Technological advances that link regions and people can create new markets and expand existing ones,” said Mark Weiss, JD, President and CEO of the Manufactured Housing Association for Regulatory Reform.
“Much like the automobile gave rise to suburban bedroom communities that made homeownership affordable for millions of Americans, emerging high-speed transportation technologies could spur the development of extensive new communities — incorporating even more affordable manufactured housing — linked to one or more major commercial centers,” Weiss said.
The Politics of Hyperloop?
The potential for emerging technologies to open up more housing options is one not to be missed.
South Korea, China, Europe, India, and California are among the places reportedly considering how the hyperloop or high-speed rail could be deployed in the near term.
But the regulatory and environmental hoops in California are a cautionary signal.
The new regulatory easing mentality of the Trump Administration may influence such resistance, especially as California along with other states with high priced real estate struggle to deal with their growing affordable housing crisis. ## (News.)
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.