With a housing supply shortage plaguing most of the world's urban centers, could factorybuilt houses be the answer?

The $105 billion modular home industry thinks so, touting ecofriendly houses that can go from production line to plot in just a few weeks.

"We can build 27 Top Hat homes for every one brickandmortar traditionally built house,′ said Jordan Rosenhaus, CEO of modular housing company, TopHat.

"Over the next week, we'll finish approximately 10 houses," he added. "That's just our production program for now. That can ramp up."

The U.K.based firm, which secured £75 million ($95 million) in funding from Goldman Sachs in 2019, has been working to make factorybuilt houses mainstream.

However, modular homes have some perception issues to overcome first.

Watch the video above to get an inside look at the industry hoping to revolutionize the construction sector.


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