Does Australia have a new solution to its housing problems? And could it involve flatpack homes?
Prefab and modular homes have promised faster and potentially cheaper housing for years, but the blockage has been finance.
Banks wouldn’t release money until the home was physically installed on-site, but things are changing!
A major bank has relaxed lending rules for flat-pack and prefab homes, amid the nationwide push to address the housing supply crisis.
So what exactly has changed, and why has traditional bank funding been such a major roadblock before this?
And more importantly, how could this actually help address the housing crisis?
Cam & Renee from the MIX106.3 Real Estate Show unpacked it all with regular guest Bushy Martin from KnowHow Property Finance.
