Project Thesis

Subvert the building code.

Live without a mortgage.

Utilize digital fabrication.

Utilize the flexibility of modular design.

Nine out of 10 Millennials say they eventually want a place they own, according to a recent Fannie Mae survey. But this generation’s path to home­ownership is fraught with obstacles: low pay, low savings, tighter lending standards from banks. Student debt—some $1 trillion in total—stalks many potential buyers as they seek a mortgage (or a car loan). At a minimum, homeownership rates are highly unlikely to soon return to the peaks they hit during the housing bubble.

Still, in the next decade, a group of people the size of California’s population—­most of them Millennials—will likely come together to form new households. The question is: Where, and in what manner?

-www.theatlantic.com/magazine/archive/2012/09/the-cheapest-generation/309060/2/