In this webinar replay, LBM Journal’s Rick Schumacher invites Art Schmon and Brendan Lowney of Forest Economic Advisors (FEA) to describe the facts of the U.S. housing market, and their analysis that points to wood-based construction moving offsite.
Art and Brendan will reveal:
- The Problem: The demand for housing will only get stronger over the next decade
- The U.S. housing stock is old
- Skilled labor is scarce, and the shortage is likely to get worse
- Productivity in construction is abysmal compared to other industries
- Current construction methods take too much time and produce a lot of waste
- Is Offsite Construction the Solution? Art and Brendan will discuss the benefits and costs of offsite construction using wood as the primary building material
- Where it makes most sense
- Benefits: Speed, quality, labor, waste, safety
- Why wood?
