New Zealand Builders Looking to Modular Home Construction

Building companies in New Zealand say branching out into modular
homes could make housing more affordable.

New
Zealand‘s largest home building company, G.J. Gardner Homes, says it is considering building prefab houses.

Fletcher Building, another of the
country’s large builders, is also considering factory-producing homes.

Fletcher
Building‘s general
manager of investor relations and capital markets, Philip King, says the
biggest saving with modular homes would be in labor, which can be up to 20
percent of building costs.

However, he says setting up the factories to build the homes
may cost too much to make it worthwhile. He is also concerned that the extreme
weather conditions might make using modular homes difficult to use.

Obviously he has never read Modular Home Builder blog!