A New Blueprint for Homebuilding

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(00:01:41) - (First question) - Supply and demand situation writ large for housing in the United States

(00:03:12) - Truth about housing shortage distribution 

(00:04:36) - Lack of workforce growth to meet housing development needs

(00:06:29) - Big picture solutions involving technology to enhance development needs

(00:08:25) - Insight into “lego piece” style construction

(00:09:43) - The comparison between automotive manufacturing advancement and the lack of technology in prefab home manufacturing

(00:11:48) - Material insights that contribute to better prefab homes

(00:14:17) - Strategic description of a good “lego piece” from Cover

(00:17:49) - Scale of panel size for reference

(00:18:10) - Utility continuity comparison between panels versus tradition construction

(00:19:07) - Potential criticism from skeptical contractors

(00:20:55) - The marginal cost for a typical home buyer

(00:24:01) - The role of software in the business

(00:26:49) - Insight into support model and “The Last Mile” theory in construction and possible solutions to combat errors during assembly

(00:28:48) - Support system integration for inevitable repairs

(00:30:19) - The changing reality of initial ideas as projects are completed

(00:32:29) - Building factories and streamlining production logistics

(00:34:29) - The effects of research and study that have improved the company concept goal

(00:35:30) - Focusing on constraints and an example relatable to real life scenarios

(00:36:39) - The value of moving slow to perfect processes early on versus an all in head first approach

(00:38:11) - The scope of ambition over the next several decades

(00:39:20) - The evolution of homes and how they could change based of consumer wants

(00:41:39) - Vertical capabilities of cover panels

(00:42:07) - Capital efficiency and economic strategies with business cash flow in mind 

(00:43:21) - Types of panels that could be introduced moving forward

(00:41:47) - Additional information gained from studying the housing development industry

(00:43:16) - Timeline for Cover expansion into new states

(00:44:08) - Advice for upcoming entrepreneurs when building similar business models

(00:46:00) - The kindest thing that anyone has ever done for Alexis