Mighty Buildings, a construction technology company that describes itself as ‘a coterie of entrepreneurs, inventors, and technologists’ has announced its launch and a commitment to using 3D printing and robotic automation to help end the housing crisis.
The cost of housing in the U.S. has been rising faster than wages for decades, there is a nationwide lack of affordable housing, and the COVID-19 pandemic has resulted in unprecedented numbers of job losses. Combine this with a shrinking labor pool for the construction of new homes and you’ve got a perfect storm. Official statistics suggest that 500,000 people in America are homeless, but millions more are ‘housing insecure’ meaning that most of their income goes to rent and bills, leaving little for unexpected expenses, or that they live in overcrowded, unsanitary or unsafe conditions
