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Prefab homes are a game-changer in cities like Toronto. Why aren't we building more of them?

Prefab homes are a game-changer in cities like Toronto. Why aren't we building more of them?

AI Briefing

  • Prefab homes are a game-changer in cities like Toronto because they can be built faster and cheaper, easing the housing shortage and boosting productivity growth.
  • Modular construction can increase building speed by up to 50% and reduce costs by 10-30%.
  • However, regulatory barriers and lack of incentives hinder the widespread adoption of prefab homes in Ontario.
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