Each of Y:Cube’s 36 affordable units was rented within 12 months of planning being submitted. As MHProNews reported May 22, 2014, each of the 100 square foot modular units costs about $50,000 to build and rents for $235 a week, which is about two-thirds of the local market rate. Moreover, the
If they are originally sited in one area, the units can be picked up and easily moved elsewhere. “This strikes directly at the inhibitive problem of there being not enough land available: factory-made housing can be erected on plots earmarked for future developments that have yet to begin, or on land which the government can’t permanently divest,” says Member of Parliament member Damian Collins.
Noting this is not the panacea needed to solve the shortage of permanent housing, it does offer something different and can be incredibly useful in a step away from the “traditional mud and mess of the domestic building site.” ##
(Photo credit: ymcalsw—Y:Cube housing units in South London)
