America’s housing inventory has plunged to its lowest level in at least 20 years; the country is now short by nearly 7 million units. Entrepreneur Charlie Chupp’s solution: factory-built housing firm Fading West Development, which can build a modular three-bedroom home four to five times faster than a builder can finish a traditional stick-built house. Fading West delivers prebuilt homes 95% complete, thereby reducing costs (its homes are at least 25% cheaper than similar homes on the market). The goal, says CEO Chupp, is “to create attainable housing” for those who are suffering “the brunt of the housing shortage.”
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