The key issue in the UK is production capacity, without sufficient investment.
Local Authority bureaucracy is not helping solve the housing crisis.
Excuses are running out not to use modern methods of construction such as OSM.
Investors welcome Off-Site, shorter build times allow investors to receive their return on investment sooner (IRR) with less exposure to changes in market conditions/unpredictable build times tie up an investor funds for longer with increased risk to changes in market conditions. With high quality affordable housing more than achievable modern methods of construction create virtually maintenance free housing built to the highest standards. Overseas OSM's are reliant upon collaborative working with local delivery partners combining effort sharing risk & working towards joint ventures, some easing payment terms as was and more open to consider taking the upside of profits. A general lack of understanding/appreciation of modern day OSM is prevalent in the construction sector but clearly the pressure is on to revolutionise.
It's all about collaborative working.
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