Shell Homes As Investment Tools
Trends in housing make for interesting investmenst. When the shell home technique was introduced in the middle of the last century, sharp investors took the risk. This historical article offers a look at why this market was attractive then.
The shell home technique is opening up a broad and relatively untapped housing market. Increasing public acceptance of this concept has resulted in the industry enjoying an estimated 50 percent sales expansion in 1960 versus a sharp decline in over-all U.S. housing starts.
As between a shell home and a prefab, the former appears preferable. A shell home costs about 25 to 33 percent less than a prefabricated structure, and there’s no outside labor for finishing the interior.
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