A recurring theme of this newsletter is the failure of prefabrication (building homes in factories instead of on-site) to revolutionize the housing industry. While it’s possible to build a successful construction business with prefabrication, it hasn’t swept away the old methods of building - building a home on-site remains the most common (and in most cases, the cheapest) way of building a house in the US. (Outside the US, prefabrication is often more popular, but it’s still not a