Galliard Homes reduced the amount of affordable housing in the project's housing stock from 35 per cent to just 10 per cent, citing increased construction costs and changing building regulations as key factors.
Offsite construction has delivered measurable environmental gains, with a peer-reviewed study showing an average reduction of 78.8% in construction waste compared to conventional methods. Under controlled factory conditions, reductions can reach up to 90%, highlighting significant improvements in sustainability.
The construction industry today faces an unavoidable paradox: the urgent need for sustainable solutions for the future of cities collides with the exhaustion of the term 'sustainability' itself, often reduced to a hollow commercial label.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
Buyers in many areas have more options than they did during the pandemic-era frenzy, with inventory rebounding from historic lows and competition easing. At the same time, home prices remain high and renovation costs are elevated. With more homes available but at higher price points, the real question for buyers is: Do you buy a fixer-upper that needs work, or pay more for a move-in ready, turnkey home and skip the projects?
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