Why investors should never buy a 3d printed house
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- čas přidán 16. 06. 2024
- The 3d printed house revolution is almost here! Before it becomes common to buy a home for less than $100k that takes less than a month to build...let's take a second to see how much of an impact this can be to the world.
On one hand this could sky rocket profits on rental homes. That is amazing. You can take more risks and offer housing for more people. What if people wanted to pay less for these homes or investors wanted to be more competitive and still make amazing margins on their homes but at half the price? Then in that case it will destabilize the rental market and no one would want to rent anything other than a 3d printed home. Then rent prices will have to fall and investors would lose all their margin and it would cause a massive collapse.
Say we did this same scenario for airbnb investments. The margins would be nuts. Or you can make these homes more competitive and then it would lower all short term housing prices. Then hosts that put $60k+ into building out their home inside to make it look cool would be losing money left and right.
What if we figure this all out and investing in this kind of home makes the most sense? Then we are evil! Hah, no for real. This can be the remedy for affordable housing in a world that the wealth gap is so insane that in most major cities on the rich can afford to buy a home. Are investors going to be the reason why working class America can't get housing?
These questions will define the next generation and I would love to get your opinion on this topic so we can shape the future before it becomes our present.
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Just to save you 8 minutes, he doesn't address the title. There's nothing to do with investment risk related to the printing technology discussed in this video. Instead, he suggests that investors shouldn't buy 3d printed houses to generate a passive income for themselves so that people who can't afford a home can now buy one. So really, the title should be, "Why investors shouldn't invest in houses". Economist David Ricardo recognized that money tends to flow to the owner of the scarce resource. In the case of houses, this will be land. 3d printing is an efficiency gain, but it doesn't fundamentally change the underlying economic model that prevents people from being able to afford houses. Housing density does that, but then you get the kind of situation where quality of life in those environments creates social issues that people flee from if they're able to.
Super helpful comment. Thank you!
he doesn't even say what is the controversy. waste of time.
thanks, mate. People like you are doing the job that youtube did before removing the dislike button. Stoopid progressive move from the progressive social media platform.
Thanks Stuart. This clickbait BS from Sean Ray is getting annoying.
There was no information imparted in this video at all except... Standard homes Rot, Blow away in tornadoes, Mold with water intrusion and basically concrete is good.
Sooo why should investors stay away from 3d printed houses?? This felt like click bait :/
Sorry about not being clear.
If we don’t stay away then it will take away all the potential good it can do for people that need affordable housing
Agree with the “feels like clickbait”. Need to retitle this video.
@@SeanRayRealty My old naighborhood is full of affordable housing and people who like to do drugs kill and steal from their neighbors. It's not an fordable housing situation as much as it's an opportunity for a job and personal growth situation.
But for some that will never be a option because alot refuse get up and go to work even though they are physically capable of going to work.
Let's work on providing jobs so people can have a chance to get ahead.
I can see the bad sides if this building method became popular.
- Huge loss of labor jobs that would really hurt many many people. These jobs have alvays been around for less-specialized workers. Not everyone wants to or can be a programmer/lawyer. Tradework is rewarding and can pay well.
-Unions, organized crime, and bought politicians will fight hard against this. There is so much money in construction it is well known that bribes and other tricks are just part of business for big projects. 3D printing will disrupt these criminal money scemes or make it harder. 3 guys to build a building? Much harder to hide and get away with shady shit.
-Ironworkers and Masons Unions might actually hurt you.
-Cycles of government investment into infrastructure (lots of concrete) is a big tool used to control the economy and create jobs. This makes it less effective as an economic tool.
Expect lots of conflict and information-warfare on this subject! I still really like the technology if it does what says, and the problem of unaffordable houses and homelessness trumps the previous concerns in most people's minds. Its absurd how much a crappy house costs these days.
@@landrec2 Nailed it.
Appreciate your perspective.
Fell for the bait feel like my time was stolen form me
I guess a lot of people feel this way. I thought it was a good video. 🤷🏼♂️
I agree. Nothing constructive was said. Talk about jobs to be lost or something at least.
You are so right
Wtf is this shit
also why would he even know anything about 3d printed houses? can you even buy one? clickbait
I am interested in building a 3D community. Great video I appreciate showing both sides. I will continue to watch.
Another important fact we are saving trees, not killing birds. Once the bees and birds go, we are in trouble.
True that. I agree
100%
You’re right about the moral side of these homes turning into investments VS the younger / less fortunate .... its is a dilemma for sure .... at least in the beginning .. until these homes begin to even out with the inventory
Housing crisis is a joke ! People should be able to afford homes. It’s insane ho what’s they have made it for people to make it !
What was that?
@@SeanRayRealty what I said lol it’s insane that they have made it difficult for people to make it!
@@needarevolution7907 I think she was saying they should make it easier to get permits and stuff to build.
I see where your coming from but heavily subsidized and state run aren't necessarily the answer.
@@needarevolution7907 Because housing in of it self doesn't eliminate poverty.
We could go back and forth about the merits but I just personally think the negative outweighs the benefits when it comes to mass subsidized housing.
We can discuss those if you want but it seems like your mind is as made up as mine.
You also asked what do I think is a better option for reducing mass poverty. Well in my mind we basically have 2 opposite choices(with nuanced choices in-between but thatd take too long to discuss)
We either go back to the gold standard and stop printing money. Which will cause short term problems... bad ones. But the end result could fix the issue quickly.
Or we keep printing money. In which case we will need to instate a universal basic income.
Honestly once automation is really in full swing (for example fully automated cars since driving is a large percentage of jobs) ubi will be required
So, you are thinking about helping people, or making money. Don't go for both, it's a major conflict of interest. Let me give you an example of investing. This old guy, Maurice Brown, he's one of the largest investors in Halliburton. He's worth an estimated $8Billion. He can't hardly walk, or wipe his own ass...... So, why be so greedy? Make enough money to sustain what you need, but not so grossly greedy as the example I gave.
I live in a chronic homeless apartment building made thru Catholic Charities and subsidized by housing authority, but seriously you don't how awful it is to be homeless unless you have ever had to experience it. I Truly dought the needs of the poor will come before people's desires to make money. I do know that what happens in a community will affect everyone in that community so hopefully greed won't win over compassion and basic human rights
Yes I hope I never have to be homeless again
According to Megatrends of the 1980s there would be no unemployment and a labor shortage by 2000. There should be no unemployment and homelessness. But the Republican wet dream and agenda 21 decided we'd convert China to Capitalism by moving over 70,000 factories to China. So we are homeless due to greed but it's systemic. The same greed we each have to buy something cheaper from China is driving this but also because our own government paid companies and threatened them or make it impossible for them to stay in this country. So homelessness is a future they want us to have. They say we will all be renters and be happy. This is the UN Agenda 2030 goal stated on the UN Website. But you were a homeless "renter" and you were not happy. Apparently you didn't get the memo and you were supposed to be happy and that is the goal of these elite planners. There is two ways to become rich. One is to make money in a system that rewards innovation and making stuff, the other is to horde and keep the stuff you have, maybe make some money but destroy and make a lot of people more poor. This attitude was shown to me by a friend who quoted his father from India who told him he'd rather be in India as a rich villager above the others living in hell than be in America in heaven and be average. I realized some think it's better to be above others when they are down an out and maybe as they get more rich and the poor are in more poverty that makes them feel even better. Their goal is not to make people rich but to make entire countries poor. And they say they can do it with smart central socialist planning and they will give you stuff for free and nobody has to work anymore. Well in homeless communities nobody has to work and it doesn't work very well nor do they produce anything. So there are evil men and leaders who have trends to set to destroy the path upward for anyone and that includes destroying viable economic work where we can work and thrive. Their goal is to steal, kill and destroy unfortunately.
@@firecatgreg Not just a Republican thing. This managed decline was embraced by both parties. Have you noticed how rich our polatitions are getting.
This really twisted me up, i'm glad you're not homeless anymore and I also hope that a bit and compassion and sense will prevail over greed. Housing costs are out of control and dividing our society. I own my house and am NOT happy to see it 2x, 3x the price. I'm not going anywhere and my taxes go up 2x, 3x. These kids coming out of school, young adults, what the hell are they supposed to do? To become a "ideal adult citizen" with a car, education, and modest home you need or borrow 500,000 dollars to even start the game??? This is obscene and hard to pull-off for anybody without a rich family.
@@chasl3645 exactly.
It's not all politicians but for some reason people don't look into which politicians have abused their position for money... and then they become president.
"we have to ask ourselves.... are we as a community, as investors, not going to take this opportunity to make incredible wealth for our family.... pass them down for generations and generations... generational wealth..... if there's an opportunity, you're either going to take it or someone else will, and .... you lost an opportunity. Not only on that one, but also on the old way of doing things..."
TLDR: this guy invested in a 3D house printing company.
Hahah that’s funny. Sounds like it right?
My videos are not scripted so I often take forever to get to the point as I am thinking about all the different angles that I have to cover as I am speaking at the same time.
@@SeanRayRealty real talk have you though?
I was thinking of putting a gym on my backyard with this 3D printing idea. #interesting
Yeah man that would be a killer idea if you can get ahold of it at a good price some day
I do not want to take out a traditional mortgage, nor do I want to rent forever. I hope a 3D Home is a viable option for people who cannot afford a typical house in this overpriced market. Thanks for the video!
I am on board with that! I am more than happy to buy one of these one day
Definitely, me myself want to have a home designed by my own hand, since most of the houses around are copy paste, but traditionally it would be far too expensive.
The key is the cost of equipment and the adaption of the industry that can perform MEP, finish trade jobs.
@Kaushal Batavia my money is always in innovation. Though master trades people will always have opportunities
@Kaushal Batavia if your focus is today then yes, but if your focus is the future, well look at truckers, how long will that sector exist for jobs. Don't need to debate, even our most skilled trades people have competition. Robots are performing surgery and have been for over a decade
The housing scarcity issues tend to stem from GREEEEEEEED.
Not the only reason but yes that is a part of it.
Nobody works for free.. that's a great thing about capitalism.. your time an effort is worth something
@@scottkennedy5430 Lol how many market bailouts and new home building restrictions need to happen before you folks give up on this Peter Pan free market capitalism fantasy?
@@tysonreuter5788 I'll never give up on capitalism...but you are free to move to a communist country anytime you want.
Well wait.. Are you booking a ticket? Are you moving to Venezuela? Or China ? all you hear is free free free free free. Maybe you dont realize it takes hard earned tax dollars for all that free crap your leaching. How do you look yourself in the mirror knowing your a bootlicking confused commie...while posting with your iphone at Starbucks , and later to Tik Tok
Most of the places that have housing crisis have Government regulations increasing prices.
Texas Houston has almost no regulations on housing, and their prices are fantastic
I respect you for actually thinking about the people.
Thank you man! Most people are not seeming to get the point of this video but it makes sense to be more clear in the future.
Someone down there said he looked up to see if a 3-D printed home is safe and healthy, the materials are the same hence it can't be any different. Secondly many missed the fact that very little timber was used hence this is coming to the rescue of one of our resources but much more concrete is used. So one sacrifice to another. The main cost in building is labour the longer the build the costlier hence this is why the cost is about 50% of what one would normally build.
We need a pro's and cons video from a qualified and reputable builder not from any media junky to discuss this building method.
How cheaply can you build a 2 level with a full basement? Are the machines that you use compatible with Archie-CAD or RALPH?
The structure of a home is engineered to withstand expansion and contraction over the different seasons,"temperature changes,etc".50 year warranty on a home structure with new building materials and methods would still not be enough.low resale value if stress cracks start.Would home insurance cost more ? Much testing would still be required ,would take years under load to test it.
You have made a lot of good points on housing shortages and what the intent is for the new 3D printed homes is for. Affordable housing hoping to get to Net Zero in the future. Housing demand right now is just getting out of hand with bidding wars and careless spending driving the housing market out of reach, I get it but I don't like it. You definitely raise a really good question, where is this going, what is the future? Hopefully greed does not take over ....again.
I like where your head is at sir. You got the point of this video
"Affordable housing hoping to get to Net Zero in the future" Net zero is a fantasy. Show me one example of perpetual motion that works. All systems that harvest energy are NOT 100 percent efficient, in both biology and in the world we live in designed and created. All low energy housing depends on embedded energy in the stuff created to harvest energy from the wind and sun if you're goal is net zero. There is a vast amount of embedded energy. Net zero for overall life does not work. What we have is a net decline of energy from a high energy state to a lower energy state. Efficiency is important but if you worship efficiency you end up putting that value on biological life and inefficient life is higher complexity life with greater embedded energy. We as humans consume 20% of our energy for our brain to work and have a lot of complexity in our body that requires a lot of energy and even cooperative slaves. Like friendly bacteria in your digestive tract that produces a small amount of methane. The bacteria alone as a species is way more efficient than a human so if you think all life is equal and worship green guilt of efficiency then lower level life forms are more valuable than higher level ones dependent on lower level life forms as slaves. Hence cows are bad because they fart a lot of methane, and humans are bad because they are energy wasters, and they even eat cattle that fart methane. So both need to be removed for lower levels of life an biodiversity as the lower level life form has more efficiency it's more green. So green guilt and energy guilt means all wasteful systems of complexity have embedded energy or calories of fat to store sugars for times of future need. Profit equals EVIL under Marxism but under nature fat is just a part of life calories stored up for the future need. In all things if you worship green guilt as you're judge of the new sin the conclusions are the same. Agenda 21 like thoughts of humans being to wasteful. I'm not promoting waste mind you. I'm just saying waste heat is a part of the reality of all energy transactions that produce work. Work is produced when heat flows from a hot state to a cold state. In all things in the natural world, heat travels from a hot state to a cold state or with less potential energy as it produces work or structure. It happens in physics with supernovas exploding and fusing together new higher level energy and complexity elements and it happens in nature when a wolf expends energy and tries to get more calories than he expends so as not to starve. Those cow thoughts, the movement of a wolf, even basic procreation takes energy and time and thinking it seems. And all that is an energy sink. There is no net zero, there is net loss in all things where work is involved. In the trajectory of the Big Bang and Bubble universe physics tells us the universe will continue to expand and grow cold and die a cold death. Yes that is a long time away but all things even our bubble universe which is all we can see are expanding out from a state of higher energy and matter complexity to lower states. There is not enough gravity to stop that so it won't stop but continue to expand. And as it does it cools and may even end with a Big Rip. All energy ends in cold entropy. We are between the state of Alpha (creation) and Omega (end) in the natural world. We are on a trajectory from hot high energy simplistic particles to complexity via nucleosynthesis but each energy transaction produces wasted radiation and wasted energy lost as heat, which goes out into unorganized. Supernovas are NOT NET ZERO and nothing in evolutionary world of biology is 100 percent efficient so technically speaking NET ZERO is a goal of 100 percent efficiency or over-unity harvesting but technically it doesn't exists. I'm just being a bit overly picky here. Energy efficiency is good, but in most cases embedded energy is like a battery. You spend more to take it out via harvesting and it's quite costly.
@@firecatgregThe term "Net Zero" in housing is a building with net zero energy consumption, meaning the total amount of energy used by the building on an annual basis is equal to the amount of renewable energy created on the site with an allowable 2% buffer in some areas. Really hard to do unless one lives in a cave as back in the hunter gatherer days. Basically put the a residential housing goal is to be self sustaining to live comfortable once the structure is commissioned, as simply put as possible. I agree if you tear apart the term "Net Zero" and say zero energy consumed or wasted it will not qualify. Domestic water and waste water are processed and pumped which takes energy, everything about construction takes energy as well as emits but the goal is to minimize everything about the materials, including the process of the materials. This discussion can go on both ways but right now to continue building the very inefficient houses the same way for the last 50 years is not smart, we need to change. Arguing about bacteria, Supernovas, wolves etc is not solving the problem of how wasteful humans are. Even simple and obvious things like putting sails on huge ocean transport ships would be a start as the wind energy used to move these massive ships is free. Humans are the most intelligent animal on the planet and yet it almost could be argued that we are actually the dumbest at times.
@@chrisgerritsen2376 well said
#1 there is no home shortage in America. What we have is surplus of greed and this video is a perfect example of it. As someone who lives in Southern California I have seen the housing market escalate to ridiculous heights. People are leaving California because they cannot afford a home, not because there are a lack of homes. In Pasadena where I live, the only opportunity to own something for less than $500k is only a condo and that is only a 2 bedroom 1 bath. To own a normal home you are lucky to find anything under $900k. 3d printed homes may or may not be a good purchase for the buyer. I would need to see one to know how much quality there is in the product. What I do not like hearing is the conversation from the investor's perspective. All that means is someone is going to buy a chunk of these and jack up the price which is the exact opposite purpose of building low cost housing.
That is the real concern.... yes they are cheaper to make but that doesn't mean the investor will pass that savings to the customer!
I think one thing that investors can do is buy up some vacant land in lower-income areas and 3D print a basic house for about $14,000. After getting the property built then selling it to a low-income person for $60,000 with a monthly payment of $600/mo. This is lower than the cost to rent in many of those same areas and the low-income owner will own his own home.
The investor would recoup his entire investment of $14,000 after 24 payments of $600/mo and then collect another 28 years of payment at $600/mo for a grand total of $201,600. The interest rate was set at 12%
After 2 years the homeowner could refinance his loan with the bank at a lower rate and his monthly payment would drop considerably.
@lee Allen What company have you come across that will print a basic house for $14k?
$14,000 - Really?
That seems like a hard pill to swallow considering the framing, roof, plumbing, HVAC, kitchen and bath cabinetry, doors, windows, permitting, design, surveying, environmental and plan check fees, 3d printer setup, operation and dismantling fees, etc.
I think 3d technology is great but there’s lots of media hype and exaggeration that’s overblowing a lot of facts.
You nailed a few key points. Money is the control mechanism for the rich and the poor. The government doesn't know what to do when people give things away.
I'm a students in Enterpreneurship. Hopefully I'd be able to build a business strategy that prioritizes on people who doesn't have permanent homes.
it shouldn't be solely for profit, like that's the last thing i wanted to do.
I think by cooperating with other businesses that has the same values/ethics, it should be possible to build a community that supports and promotes livelihood for people who are willing to buy these new kinds of houses are within those communities established by companies.
Basically, enterprises can leverage the willingness of people to spend a certain amount of money to gain a decent living environment.
So necessities like markets, and schools are also established/provided. Strategical locations can be considered (Must adapt in whichever state an enterprise is operating)
This kind of influence should bd implemented:
(I'd rather pay an additional amount of money for a home than pay rental for the rest of my days) (demand will spike, so it should be within the range of expectations on how big the scale should be )
Kinda like that.
I know there's a lot of flaws but like, we're prioritizing to give people homes here.
Not saying leveraging in a bad way okay. but just making it profitable enough to keep the companies running and also make it eye-opening for other investors the potential of building a community rather than profiting off from rentals.
I remember back in the days my father would tell me that people in the U. S. were adviced to have their own laboratory for inventing new products/technologies.
Nowadays we see that people spend more time in finding homes/ jobs.
It's all about adapting to new and effective methods in solving a country's problem. Since for us Enterpreneurs, problems can be considered as business opportunities.
if the said companies that are willing to work together is big enough, i think this can be possible.
🙏
Much love to people of the U. S.
My concern with these type homes are foundation issues. We have a lot of soils in Texas that expand and shrink depending on the water content. I know about having your slab sitting on piers, etc but how does slab cracks and minor movement affect the cement walls?
*Solid point (dad joke)
Yes in Austin the soil does shift a lot so concrete home would have to have some sort of tec that would prevent cracks or else that would be a constant issue.
Great point! Even if it is on Pier and beam that wouldn’t make sense with the concrete.
I love what you are saying. I’m a disabled 50 year old and have came to the conclusion that I am never going to own my own home unfortunately. How do I help people like me and start producing low cost homes for them?
Read Philomena Jack comments on this video
I'd like to find a way to put rebar in there. I live in an earthberm. 8" thick, 8' tall poured concrete walls, which have no rebar. The walls have cracked in several places, and even had a 1/4 wide crack on one, which I had to seal up. If it had rebar, it would have still cracked (differential settlement, said the engineer), but the rebar would have helped keep it from spreading.
Also 3 D printed homes will offer hugh advantages when built with naturnal fibers combined with composite materials. The composite material used in jet aircraft wings. It becomes total fire proof. This includes the roofing materials.
Yeah, I can imagine putting several nozzles on that thing that would be extruding various materials for different purposes. Already there is a technology to print (shorter) beams horisontally without any support due to constant UV light hardening of the concrete.
I live in California and a cinder block home until I sold it... In the ten years I lived there it did get hair like cracks over time because of seismic activities. I hope 3d printed homes are safer in earth quake regions
Solid point. Cant say it will be a great choice for all areas
I think when certain homes are being built during the process they would cater to having that mixture be stronger to certain regions etc
How do put the required rebar in the walls? We get earthquakes all the time. A 7.1 10 miles away a few years ago and 4 and 5 quakes are common. I also have R40 in our walls that are double stud for a thermal break.
@@Chris_at_Home I didn't see any.
Might have to use other techniques.
Or maybe you could put it in after it's printed?
@@Chris_at_Home I would like rebar also, but I read an article earlier today saying they built these in other parts of the world, and they stood up to earthquakes...I think it was a 7-something.
I thought this video was going to address my biggest issue with 3D printed buildings: delamination of the layers.
If you've ever 3D printed anything, you'd see that this is a big problem with plastic. I'm not sure it's sc problem with cement though.
I dont think so based on the weight and the way cement dries.
Major issue I see is that there's no rebar in the houses, so they're likely to fall apart pretty quickly.
NO REBAR, CAN'T MOUNT CERTAIN METALS DUE TO CHEMICAL REACTION, FOUNDATION IS TWICE THE COST, 6 MILLION DOLLARS INVESTMENT WILL TAKE YEARS FOR A ROI.....
@@Duckman1616 BINGO...TENSIL STRENGTH....
@@superidot1 YOU OBVIOUSLY KNOW NOTHING ABOUT CONCRETE
Depending on the material it might be better or for flooding because some materials are going to be made out of the literal dirt from the land that is being made on. Also other materials to but a lot of places are trying to go more eco-friendly with it so it's sometimes a literal mud houses
So if this catches on, what will that do the the value of all of the other homes?
I could see companies like Amazon using this technology to print 3d smart homes. 3d printed homes with Amazon tech integrated into the construction. The next step in the Amazon Sidewalk. Houses too affordable to pass up, but you give up a your privacy.
Thanks Sean
Thank you!
I want my 8 minutes and 3 seconds back. 😡
Unfortunately that is highly impractical
Bro we gotta invest in the companies making these houses the real question is how
Idk if they’re public ally traded
I like the guys out of Austin that use the Vulcan. Not sure if I would back any company yet until you see who the clear winner of big contracts are
Great shirt! Does your buying strategy work if I have a high deposit - aka I put in a 40% deposit on a house - is this still a good option to buy vs arbitrage? What would you do? (assuming you had to put down a 40% deposit) Thank you
Putting down more is only a down side for me because it slows down the process. I like to encourage people to buy one home a year so they can start paying off the homes in five years. If you can do it faster then go for it!
If i can ask? The fire and liability insurance rates are higher or lower? If we reduce the potential risks throught fire, water, wind or or semisic activities, rates should be lower by a significant amount. The other aspect if your state has property taxes the cost bases reduces tax liabilities however you have the potential advantage of greater market values during a sale through appreciation at this state of product development. The product development will refine itself in quality in time.
HOWEVER, A MAJOR MISTAKE is mans instance on building rectangular or square structures. Round or dome shape maximalize strength and evenly distribute weight in the case of natural forces. The down side is you have less optimal storage capacity.
The last aspect is we are going to return to smaller size living structures which 3D printing gives advantages in building in this fashion. With smaller families and lower reproductive rates smaller homes will be in greater demand.
Yeah good point. But I'm cool with a smaller house. A lot of people are now. There's the minimalist movement as well as the tiny home movement. But a lot of tiny homes depreciate in value if they're on wheels like RVs. These 3d printed homes would I assume appreciate in value like any other traditional structure built on a foundation.
Nothing against you personally, but I really don't like the idea of "investors" buying homes. From what I've noticed while traveling around the country, investment properties are a huge part of why houses cost so much. People buying up properties and renting them out causes prices in the area to rise above what they should be. Where I'm currently living, there is a 720 sqft home, with an old cracked driveway and nothing in the yard, priced at $185,000. That is insane. That home should not cost that much. But there are also a ton of rental properties nearby.
My moms home, which is larger but in an area where nobody rents and the town has 180 people, was $65,000 a few years ago. Using property, which people need access to to live, just annoys me.
True and I agree BUT from the other side of things we look at it as giving the world a service. There are people that genuinely can’t buy homes due to many reasons. When someone buys a home and rents it out then it gives the family a home to call their own and maybe save up to buy one of their own one day. Being able to pay $1500 a month is much easier than saving $100k+ for a home or maybe even getting approved for a loan is very difficult for some. The alternative is they live in apartments, with family or homeless.
Also older homes can get renovated in areas and drive up equity in areas that have been forgotten. This brings new life to an area. Property taxes. Then new roads, better schools, better police presence. So on and so on.
If you could purchase materials and have a NEW house built cheaper, then that's what people would be doing. You usually can't or that's what people would do. Just because they're asking $185k for the house you mentioned doesn't mean they'll get it. Things cost what the seller is willing to sell them for. If the market isn't there they can lower their price or keep the item. I can ask $50k for my beat-up truck. If someone can buy a better quality truck for less then they will and my truck will sit there. The thing about real estate is location, as they say, really matters.
I bet if these 3d printed houses catch on and work well that real estate costs across the board will fall.
I wonder if we'll ever be able to rent the machine ourselves, design our house, and print it ourselves?
@@jameswalker590 to be clear, that $185k house was the cheapest I saw in the area. And it was in arguably the worst neighborhood. This is outer banks housing. People buy houses, then rent them out to male money. That's why they are so expensive there, and in ski towns, and in moab, and many many other places. Because they are "investment properties".
Happy holiday I am a new subscriber I want to know how to built a home for a very affordable house I am unemployed! How do I contact them?
0:20 The first 3D printed home in America was actually constructed in Austin, TX. Happened a few years ago.
Any Idea if I could contact a 3d company in NY to build in my property?
I don’t have their contact
3D printed homes are not carbon neutral. They are made of concrete which is highly carbon intensive to produce.
what are you thoughts on converting a garage into a in law suite and renting on Airbnb ?
so, why not to buy? i am confused. All you ssud was we should buy.
Does anyone has information on how living in this type of is safe for your health, because doesn't concrete put off gasses?
This idea helps the masses instead of just a few, great idea! I'm so on board! Buying a home that will actually be built in the time I am promised...awesome! I think the building industry just needs to get fully on board...affordable housing at last!
Please do your homework. This is total pr bs. This will not save construction costs. It will increase the cost of labor for the electricians. the plumbers and all the ductwork that has to go in the walls that are now solid concrete. All this proved was that a 3-D printer could do the job. It will never be economically feasible or large scale. I've been in construction for 40 years and I'm telling you from experience it will never happen.
Please come to San Diego in the next 3 years
San Diego has a lot of other reasons the prices are so high sadly
Yo u had a new build?? I saw the video in my feed yesterday but now can't find it. How did you do wit lumber prices bro? I'm struggling to find good deals
Yes it’s impossible but I delete my live streams after 24 hours
Well you didn't tell us Why investors should never buy a 3d printed house.
We should because it would be a great ROI
We shouldn’t because it will suck up all the great options for low income people being priced out of areas that are too expensive.
Also if this happens it will upset the balance of the whole market and resetting the values of all of our other home values
@@SeanRayRealty I think this really isn't the issue.
The issue is land and infrastructure.
America's a big place and there is always another place where prices are dirt cheap..... but infrastructure is also shit in those areas. No population or businesses. You get the idea.
To everyone saying this is clickbait, it's not really. His point is that investors should stay away so that poorer people can take advantage of this market. Pretty good point actually, he just touched on it briefly.
Man...you might be the only one out of 11k people that understood that. Thank you homie! 🙏🏻
@@SeanRayRealty It's clickbait.
I think the true test for these is gonna be seismic induced stresses on the concrete, i doubt these will be viable anywhere that has a significant amount of seismic activity, like california or anywhere near fault lines.
It's not concrete, only cement.. so even less stability in a full wall structure. Also no rebar
Question:
1) With a 3D printing a house, are these 3D printing houses 🏘 safe for out health? I googled and found out that a 3D printing house CAN be harmful to our health. Let me know if this 3D printing house is worth the cost?
2) Can a 3D printing company make parts of the house? For example; turn a carport into a garage by adding walls to a carport.
Or
Remove remove a concreted floor remake the backyard with a 3D concrete floor?
Or
Remove a wall and add a newer wall with a sliding glass door?
Or
Add walls in the bedroom to become a walk-in closet?
Thank you for your time to read my message.
What is unhealthy about them? I would love to learn. I am no expert.
I think in the future it could do things like this but right now with the few machines in production I believe it only does full projects but I could be wrong :)
@@SeanRayRealty
Glad that you asked.
If you goggled, this message in the search engine...
- harmful effects of 3d printers house -
You’ll find a long list of links showing how harmful 3D printer in houses or making any small products.
You can also copy & paste the same message to CZcams ...
- harmful effects of 3d printers house -
Again , you’ll see a list of videos of harmful effects of 3D printing.
Feel free to share your feelings & thoughts 💭. Just wanted to make everyone be in alert of 3D printings.
Interesting
Interesting insight
Thank you sir. I thought it was an interesting topic
I didn't know this was a thing, the potential is actually huge, not only for here on earth for its cost but it also can be huge or even critical if we ever get to colonialise another planet (Mars for example). Vergin galactic is actually 3d printing rockets.
Yes. One of the main 3d house printing companies (ICON) is already working with NASA to construct bases on the moon. Specifically, they're experimenting with the ability for moon dust to be used as the concrete printing material.
Moon/Mars printing may be the only viable use for the technology.
It's not quicker, cheaper or a better product to have your first floor 3d printed as opposed to traditional building techniques like CMU or poured concrete.
Now if you were in a place with a hostile environment like Mars, it was make it drastically cheaper, faster and safer!
SpaceX is the largest user of metallic 3d printing in engine production
Terrible title to video. Didn’t cover it at all
Thanks for the the feedback! 👍🏻
I would say a blend is needed here. Let the houses go to those who need at first then as more producers are making them unleash the investors
FEELINGS DON'T WORK IN THE CORPORATE WORLD.....RETURN ON INVESTMENT DOES
Concrete IS NOT carbon neutral. "The manufacture of cement produces about 0.9 pounds of CO2 for every pound of cement. Since cement is only a fraction of the constituents in concrete, manufacturing a cubic yard of concrete (about 3900 lbs) is responsible for emitting about 400 lbs of CO2."
People should buy whatever the hell they want to buy regardless of your opinion. You see that's what people do in a free Society they buy the things they want
Hahah thanks for that. Yes I believe they should buy what ever they like too. The point of the video is to understand the Consequences
I believe the controversy lies within the fact that if you build less expensive houses near more expensive houses, you dilute the property values. Therefore, these lower cost homes might need to be built within their own developments so that property values remain relatively equal.
I fully support this technology and look forward to it becoming part of mainstream residential construction. Personally, I would still want some interior and exterior wall covering/siding to conceal the concrete.
So, you can make your cheaper, stronger, more efficient homes, but only if you do it over there, away from my older, weaker, less efficient, and uglier home? Yea, that's what's going to happen.
only an evil person would think this is just.
@@bds3919 Correct! You don’t want a concrete home next to your Victorian. That’s why ranch houses and townhouses get torn down. Their worthless and insignificant
It's land value issue.. who is going to buy an expensive lot in an expensive neighborhood and put a dinky house?
As a developer, you are probably not even going to make a profit.
It's real simple look for a neighborhood you can afford. I make 6 figures but I still had to go a good way out of town to find the price point I could afford.
There are two kinds of concrete, those that have cracked and those that haven't cracked yet.
This is no different than mass produced cars. There will be cars that the regular person buys and then your upscale models that people with more money can afford. It doesn’t create a problem it solves problems in the long run. More people in homes means more rental income, simply because more people would be in homes. Most people aren’t going to be building homes or investing, so it doesn’t effect them like that. When there is new technology there is great opportunities. Let us look at the computer, which lead to some of the most powerful computers in our hands that opened more doors. Another example is the car manufacturers who are making the switch to electric videos. Get your money to be in a position to maneuver through this new wave how you want to, to be in position for the next opportunities.
Side note, people mad at how he titled the video...it’s called marketing...and it works...which is why he did it. 🤣
I went to see a noise built actually to solve the housing crisis. It was called the dynaxion home and there is one setup or was at the Henry ford museum in Dearborn Michigan. This house was built by an inventor who had the brilliant idea to make saucer shaped round houses after Ww2. It looked like a cross between a airstream trailer and a George Jetson space ship. The house was moved to the Henry Ford from an owner who expanded their home many years ago and it was carefully assembled. And took maybe three years to be built at the Henry Ford museum. The thing was built with the idea to use aluminum aircraft building techniques from the war. The thought was they could make them on assembly lines with Rosie the riveter’s building then like a b29 bomber I guess. Imagine a home you setup win rounded windows like a flying saucer but it had 15,000 rivets holding it together. The thing was built with a very small restroom and strange but somewhat cool storage techniques. The inventor made the bathroom very small thinking of it like a ships bathroom. Anyway it was interesting. In theory people can have affordable housing in small home movements because they have less stuff and less space to heat or cool but if you are not using super-insulation techniques a cheap build can be a pain to heat and cool. Turn of the century small log cabins up north in Michigan were super cheap to build because lumber was free but they were so poorly insulated it was estimated that good need a ten acre lot to provide firewood to support your small log cabin so they were cheap to build but energy inefficient. The poor or those in a budget may look for affordable mobile homes to live in. Like one college student who bought a small mobile home used and cheap during his college years instead of paying campus rent and then once he got his degree he sold it and almost lived rent free when going to college. Divorced singles may go to mobile home villages to survive after divorce and find owning less stuff means they can spend more time doing outdoor power sports with toys or fishing etc. They live smaller house wise to spend their money in other ways. Then you have some rare earth ship housing places which may have expensive huge model homes but the number of volunteer hours to build these oasis like dwellings is many hours supplemented by student builders. At times the teachers and leaders have a really nice model house but there is pushback from the local communities who are vested or have a vested interest in the traditional bulldog market.
Oh we can cut the cost by 50%? Big guys- So we can charge double?
Can’t wait fir this to go mainstream!
Agreed
in 50 years - maybe
Does 3d printed houses withstand bullets and bombs? That's what I tried googling it was just a curiousity, But couldnt fine an answer.
Depends on the bullet and the bomb 😂
The home was actually not priced much under market even given the new house premium.
Really? I must have gotten bad info. All the news articles and CZcams interviews I watched for research said it was about half of the market area comps
@@SeanRayRealty go do a home search yourself in that area. The articles you read probably used the press release Information.
It's hard to find comparable homes but you can take older ones and add a new home premium to them which is about 20-28% in many areas depending on features.
Solid, I never trust Zillow but I will check it out
@@SeanRayRealty just look at the homes that are on sale around the area not the estimated price.
Solid point but video still holds true. If this is going to be the future so we focus on saving a shrinking middle class or use it to get rich via rentals?
Hard question to answer
I didn't really understand why not to invest in 3D printed home
I take issue with your statement calling for the government to get involved. When government comes in, they just screw things up! The private sector will always do a better, more efficient job than the government will. And these 3D printed homes are not inexpensive. Maybe one day, but not now.
Also, 3D Concrete Bunkers are the future!! Super fast and cheap to build.
It’s profitable or not. What is the reason now that it is not?
I would like a 3D home please. In any contiguous state, this would be a huge help to investor relations, and performa bottom line.
The technology is still in its infancy, in 50 to 100 years 3d printed housing will be the norm. Eventually HVAC, Plumbing, wiring etc will all be 3d printed, but the technoloy doesn't exist yet...hence we are looking at some decades into the future for it to be viable.
Sooo… controversy is investor pockets vs. impoverishment. 👀 nuts that is even controversial.
I feel you but…capitalism. It makes it hard for most people to do the right thing if you know the next person will do the make money thing. Then do you walk away with your morals while the action you walked away from is still done by someone with less of a Conscience?
I think it makes sense to invest in homes that are 3d printed. If i got to the stage where i could buy a nice piece of land. Id subdivide it and build as many 3d printed homes on it as possible and rent it out for nice amount. But i think if people go down this path, they shouldnt rent it out for the standard 600 a week, maybe 250 a week
Yes I am in the same boat as you. A little eco village of a bunch of small rentals would be nice
All of the videos I've seen of these types of properties are on slab foundations. Do that also build on pier and beam foundations? Being in Houston, flooding is a major concern.
There's not a housing shortage there's plenty of empty houses in this country yet they want so much money for people to buy it or to live in it that no one can afford to buy it or living it unless they already have a house.
I think we all know the answer to the question of “should we keep it for ourselves or give it to humanity”……
Sean - Nice video on new topic.
Thank you sir. I would like to one day branch out of just Airbnb topics
Super incredible!!! I would love a soundproof little 3D printed home to call my very own, I'm a low income music recording artist in Canada living in a 145sq feet apartment with tracing paper thin walls. I have constant anxiety when practicing my music because I don't want to disrupt neighbors 24/7. Where can low income artists apply ? Thanks in advanced. That is my only wish for now in my life. If this is made possible I will wish that all low income profession full time loving artists like me, to all have their own 3D printed homes with built in sound proof studios! End to poverty and homelessness for loving artists in Canada. 🤚🥰
That would be super cool!
maybe no houses should be treated as a way for someone to buy and make passive income. the idea that because you have enough capital to afford a house that it is okay for you to charge monthly rent to someone that gives you income more than needed to cover the costs of maintaining and paying off the mortgage on a home is deplorable whether the house is 3d printed or built traditionally. how can you justify profiting based off of investing in basic human needs?
If you read a book on real estate investing and you might get some other ideas that could change your opinion.
@@SeanRayRealty are you able to state any of those ideas yourself? there are more vacant and unrented homes in the us than there are homeless people per the dept of housing and urban development, and the us census. renting property at the mortgage + maintenance rate is defensible, but I fail to see how it's anything other than exploitative to use people's basic need for shelter to make money.
3D printed homes are the future. The only losers will be the investors driving up home prices keeping the middle class from owning their first home. Homes are to be lived in and not as investments. Homes for the masses not investors.
a team of block layer can building just the shell in about the same time as 3d printed, the rest of it just as electrics, plumbing, insulation. wall finishes etc etc etc.... will take the same amount of time.
3d printed is looking to be a solution to a problem that does not exist.
We need 3d printer that prints 3d printer that print 3d printers ...
a bit of sci-fi right now.. BUT machines with more mobility and dexterity that can assemble on site.. clear the land ... separate, organize and move natural resource .. do things like use on-site sand and water.. one day just a few guys on site drinking coffee or on call to monitor and unjam the printers.
And they can be air dropped by drones that were 3d printed!
Halfway through the video, he keeps saying “what’s the controversy” but not saying what it is. I’m learning nothing new.
Good for others is bad for your investments. If these continue to take off, and like you I don't see why they wouldn't, Won't this impact the price of your properties over time? More supply of houses looming, homes at historic valuations, seems like a sell signal to me. It's about time housing industry got disrupted IMO.
It would upset the entire system and my life goals and plans will be shot so that would suck...BUT I would rather have wasted my thirties and see the system fixed in a big way then not
@@SeanRayRealty 👌
The roof DOESN'T have to be /use wood. Think about it!!!!
It could be concrete as well but right now the models I have seen are not using the concrete. The ones over in Europe are though so yes it can be done
So we just leave this old houses run down that isn't a better option
Agreed
Give it to those who need it. You can't take money with You when You're dead.
Yes I think it would be a great solution
3D printed homes are such a great idea
No just HELL NO
Great idea if you have never built a house nor understand how 3d layered mortar works.
I totally agree with you. Real estate investors are becoming a menace to society as they take cheap real estate and lock out poor people from ever finding financial freedom.
It’s a circular argument though. By turning older homes into renovated rentals you increase the property tax that helps improve the area and increase demand which in turn brings more people to the area. Schools, roads and crime get better with increased revenue. Locals that lived there now have the ability to sell their homes and make life changing money on previously difficult to live in homes and can use that money to move into a better home in a different area of town.
It does push them out of their homes but can better their standard of living.
At the same time it does raise prices and demand on homes that would otherwise go to people that could afford cheaper homes in areas that are not as developed and can start a life as an owner vs a renter.
@@SeanRayRealty Not if they are renters. I believe that's called gentrification. Renters have no home to sell.
This video is about 5 minutes longer than it needs to be.
Don't really know how i ended up here, but as a leftist, video blows my mind. Should we snatch all this from the people who really need it, force people to stay in poverty, and give all the wealth to our kids and friends, or should we not? Generational wealth distributed through nepotism, or shelter for the poor? Let's at least have a good think guys! .. And then all the top comments are like "But WHY should we NOT do it??" wtf??? Not bashing you for making the video, and you actually seem to think investors should stay out of it, but how can anyone be aware of this insane imbalance and not want to change it? Generational wealth should be a thing of the past. We need a hard cap on inherited wealth yesterday.
Yes common good is good but we live in the country that is the king of capitalism and good intentions are almost always sidelined for profits unfortunately.
@@SeanRayRealty We live in crony capitalism an oligarch plutocrat country. We were never a democracy. I'd rather live in New Zealand.
So….. now I don’t understand the meaning behind the title of the video. Is it supposed to be ironic?
The controversy is that either we let capitalism do its thing and then all the cheap homes get picked up by rich investors and used for rentals or we do the higher path and let them get bought buy lower income and stabilize the housing market. Make money? Or do the right thing?
@@SeanRayRealty personally I vote for the latter, but I guess that’s not up to me.
That's a pretty amazing shirt!!!!
Thank you sir!
if you're an investor and are trying to exploit more accessible houses or cheaper housing you’re a bad person
Or smart? Spend less on housing to allow renters to pay less for rent. You sound like a renter. Wouldn’t you like your monthly rent to be $400 instead of $1200?
@@SeanRayRealty i’d never expect a landlord to not do whatever they can to squeeze out as much money as possible.
What about the millions of jobs being taken from contractors
Good point, but to be honest I’ve been thinking about this in regards to AirBnb and STRs overall. Aren’t we technically displacing people from long term tenantship and home ownership? Only the data will tell. Ultimately if we believe in the capabilities of capitalism then the affordability of such homes will change the game and create an abundance of housing to go around...or the government will at some level need to regulate its use so that everyone has a fair shot at home ownership... don’t know which way is best, so I guess time will tell..
Thanks for your insight.
Yes Airbnb is doing that know which is causing an inflation in home sales that don’t make sense unless you Airbnb these homes which on one hand Is putting a great amount of equity in the pockets of people that have never been home rich before but it also has increased their property tax rate which is crippling.
As far as an abundance of housing then that would be devastating. If that happened then everyone that bought their homes pre the 3D revolution would lose all the value of their homes, loans will be called due, renters would be kicked out, massive bankruptcies
True - what I mean by abundance is enough to go around, not oversaturation. A.k.a. abundance mindset versus scarcity mindset. Obviously in order for the market to work you need some scarcity, but balancing scarcity with abundance is tricky. Perhaps designating a certain percentage of homes on the market for owner occupants would address concerns around housing shortages, while enabling investors to retain strong equity positions that increase over time. This is a tricky thing to do as it entails gov regulation, which business peeps do not like. Long story short its a balance, and we should snag what we can while we can and give back to the community where and when we can - like investing in community land trusts, or affordable long term housing, or encouraging local governments to place a small transaction tax on STRs that could potentially fund affordable housing subsidies, etc. As for me, I would love to own a few “alternative housing” units like 3D printed homes and bnb them bad boys. And then give X% back for affordable housing, etc.
You JT sound like you should be in charge of things around here! I would vote for ya! 💪🏼
@@SeanRayRealty haha - just throwin some thoughts around, maybe one day I’ll have some answers too.
One things for sure - I’m definitely learning a TON from you and the other Sean (whose last name I don’t know how to spell..) ;). Keep up the great work!
What about insulation?
The insulation is between the concrete walls
Once government gets involved the greed comes...
Ok. Let’s talk about installation 🧐
Investors would not be able to make a profit because these 3d printing companies are keeping their prices low they are doing this so more people can own a home so they are going to sell the houses direct to the public without the banks being involved directly so homes this cheap means families will have access to having cheap homes