New Mexico Entrepreneur Creates Innovative Low-Cost Housing Alternative
New Mexico Entrepreneur Creates Innovative Low-Cost...
It's a tough time for the economy, and the housing industry, in particular. Now, an entrepreneur from New Mexico has a creative idea for low-cost housing.
It’s a tough time for the economy, and the housing industry, in particular. Now, an entrepreneur from New Mexico has a creative idea for low-cost housing.
Published: September 26, 2008
Albuquerque, NM—It’s a tough time for the economy, and the housing industry, in particular.
Now, an entrepreneur from New Mexico has a creative idea for low-cost housing.
Albuquerque home builder, Brian McCarthy, and three partners, have built a prototype house out of a standard 320-square-foot shipping container. Each small home would contain a kitchen, a bathroom with a toilet, and a sleeping area.
The partners plan to convert about 3,000 containers into homes, next year, and sell them for about $8,000 apiece.
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