California has a huge housing shortage. The state says it needs to build nearly 2 million homes in the next five years. But we’re not building anywhere near enough to reach that goal. One big reason: it’s so expensive to build here. The cost of labor, land and materials all keep going up. And because of that, most of what does get built is way too expensive for most people. In this episode of SOLD OUT, we hear from entrepreneurs who think that building modular housing – apartments that are literally built in a factory – is one key to hacking the system and bringing down costs. We also hear about the long history of modular, why it hasn't always been the solution that some hoped for, and why that could be different today.
Read the transcript: https://bit.ly/3mXkuZW