This is all about mass production “Levittowns”. Not factory built homes in general. For most of their history, they didn’t make prefabbed home, but instead built every home on site. They merely used the same plan for every home and leveraged economies of scale to make them cheaper. It wasn’t until much later that they got into prefab homes.
Reasons for business failure
Falling demand
Land use controls became much stricter and more burdensome
The U.S. housing market collapsed in 1973
economies of scale are offset by huge overheads making the enterprise not all that effective
being acquired for too much money and then mismanaged
Prefabricated homes are still a thing. But not these huge cookie-cutter developments of 15,000 of the same home in one town.
This is all about mass production “Levittowns”. Not factory built homes in general. For most of their history, they didn’t make prefabbed home, but instead built every home on site. They merely used the same plan for every home and leveraged economies of scale to make them cheaper. It wasn’t until much later that they got into prefab homes.
Reasons for business failure
Prefabricated homes are still a thing. But not these huge cookie-cutter developments of 15,000 of the same home in one town.