Flat-pack revolution to ease housing crisis

Some of the biggest names in Silicon Valley are aiming to do to small builders what they have already done to high street retailers.

Prompted by rapidly rising rents in San Francisco, Google’s parent company, Alphabet, has embraced pre-fabricated housing, paying about £23m to accommodate 300 employees in what may be the start of a homebuilding revolution.

By using factory-built components, it believes that it can cut costs by 20% and build 40% faster.

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