Low Cost Construction - Affordable Building System

Brainstorming responses to the Katrina disaster gave me license to research low-cost housing. I had already been musing about the possibility of opening-up and exploiting new markets, finding new ways to use this huge mortgage lending (mortgage banking) machine that was Countrywide.

Nobody around me took the idea of low-cost housing seriously. Nobody wanted to talk about mortgages in developing countries. I was uninformed, they said. “There’s no money in it.” Hmmm.

Still, I wondered about it.

Well, since that time, lo and behold – microcredit (peer-to-peer lending or P2P lending) has taken-off, and traditional financing has, well… collapsed.

So, uh… I guess I’ll bring it up again: where’s the money being made these days? What was only a “whacky idea” a few years ago now doesn’t look so crazy. (Thanks to Richard Weddle for recommending The Starfish and the Spider.)

When you’ve got a huge demand, low production costs, ample financing, job-creation, ultimate “portability” (the building system and micro-lending model can be replicated just about anywhere), you’ve got the makings of an economic boom — or a bonanza, at the very least). This is a great example of “the unstoppable power of leaderless organizations.”

Low Cost Construction Housing Affordable Building System

The man interviewed in the above video is Associate Professor Bernard Lefebvre (Domtec Company Ltd), affiliated with the Asian Institute of Technology in Bangkok, Thailand.

Background on Habitech

Conceived at the Habitech Center of AIT the Self-Contained Housing Delivery System is an inexpensive, quickly and easily erected building system, the cost of which consistently undercuts conventional construction systems. Components have been added to create a complete modular interlocking building system especially suited for construction by unskilled labour which eliminates the need for construction equipment as the components are lightweight. The system has been disseminated in Asia since 1987 when research and development started up to 1995 when the building system was made available through private sector equipment suppliers.

The technology was demonstrated through housing projects (75) in Thailand, Vietnam, Cambodia, Malaysia, Indonesia, Philippines, Laos, Myanmar, Sri Lanka, Papua New Guinea, Nepal and Fiji, where small scale building material industries have been set-up creating employment, generating income and producing affordable housing for middle and low income groups.

As the building system spreads through Asia, the beneficial reduction in the consumption of timber products for construction will lead to a salutary effect upon the environment and help reduce the depletion of forest.

Habitech Center was awarded the Matsushita Award by the Japan Housing Association in 1994 “in recognition of excellent achievements in improving human settlements in Asian countries by promoting research and development related to technologies for low cost housing as well as providing educational programs and facilities to disseminate the results of their research efforts”.(Source: UNESCO Most Clearinghouse)

This entry was posted on June 4, 2009 at 08:20 and is filed under city planning, community development, urban renewal, public policy, NPR, suburban infill, infill development, microcredit, homelessness, poverty, redevelopment, social ventures, ventures, P2P, development, investing, philanthropy, politics, Linkedin, finance, jobs, shelter, affordable housing, small business, marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.