Page 48 - Bridging & Commercial Magazine Issue 5
P. 48

One Day    ONE DAY At a modular housing construction site One of the most complex issues facing the property market is the lack of affordable and accessible housing. The sector will have to increase the annual volume of new home construction by around 36% to the meet the government’s pledge of building 300,000 new homes per year by the mid-2020s. Large-scale modular housing company Project Etopia claims to have a solution that is environmentally friendly and more cost effective than traditionally built houses. To understand this better, I spent a day on site at it’s commuter village in Corby, Northamptonshire, which is currently under construction, to see what the future of British housing development could look like and assess what kind of investment and funding opportunities the modular housing market attracts Words by simon thompson   

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