REINZ Real Estate magazine - Autumn 2022

Page 20

FEATURE

Could 3D printed homes fix our housing shortage?

Collaboration between humans and technology through 3D printing could be the solution we need to balance the property market’s supply and demand issues.

For many kiwis, owning a house is a significant milestone — the gravitas of which is instilled in each generation. Unfortunately, with demand currently outweighing supply, stricter lending criteria, and rising house prices, owning a home remains a pipe dream for many New Zealanders. According to a recent REINZ and Tony Alexander Report, 26% of respondents reported that the lack of listings in the market is worrying. The scarcity of options on the market often culminates in fear of missing out on properties, and in turn, some people who can afford to buy a home settle for lower quality properties.

A nationwide shortage of labour and materials The market is not only experiencing a shortage of stock in the market — but a shortage of labour in our construction sector. The productivity and efficacy of current traditional construction methods are putting pressure on the amount of time it takes to build a house or develop a section. Current construction methods are heavily reliant on manual labour and human capabilities, making it challenging for the construction industry to keep pace with demand — too many houses to be built and not enough manpower to do it. To add to that problem, we also have a shortage of materials in New Zealand. Due to COVID-19, we’re balancing supply chain disruptions and shortages of labour with increased demand as people bring forward their renovation plans and put their travel plans on the backburner. At the same time,

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The Real Estate Institute of New Zealand

residential building consents have hit a new high.

Technology is key With these factors impacting the opportunities for kiwis to purchase or build a home, construction companies are beginning to consider new building methods. One that stands out is Additive Manufacturing — also known as 3D printing. It’s a method that combines the knowledge of traditional construction with digital fabrication. An object is created by depositing materials in layers based on the digital model of the design with minimal human intervention needed. Originally, 3D printing was used for small-scale prototypes such as furniture, interior walls, built-in wardrobes and doors, which are then delivered and added to the shell structure of the house. Advances in technology have led to the creation of full-scale structures. Now, 3D printing a house is done by a manoeuvrable robotic arm that deposits the material forming the structure of the house layer by layer on-site. Innovative robotics does the majority of the labour, relying heavily on design software for precision and using advanced materials that are stronger and longer lasting than traditional building materials. This technology can provide modern, safer, and more resilient homes built to sustain harsh weather conditions, fire, and earthquakes — in a remarkably shorter amount of time. In fact, 3D printed houses only need a few days or weeks to be built and/or assembled.


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Articles inside

Balancing privacy rights - with health and safety considerations in the real estate sector

4min
pages 62-63

Progress on Unit Titles (Strengthening Body Corporate Government and other matters Bill)

3min
page 61

Agreement for Sale and Purchase of Real Estate eleventh edition

2min
page 60

REINZ hosts its 2021 Annual General Meeting (AGM) online

4min
pages 58-59

No suprises - why getting to know a property before listing is always worth the time and effort

5min
pages 56-57

Fail to plan and plan to fail - importance of planning for real estate success

6min
pages 54-55

First-time home seller? Make their first one a good one

4min
pages 52-53

Bidding farewell to two influential REINZ Regional Directors

4min
pages 50-51

Connecting through understanding

5min
pages 48-49

Auctions paving the way in the market

5min
pages 46-47

Member relationship management — the good oil

2min
page 45

PropTech — drivers, trends and engagement

8min
pages 42-44

2021 in RPM — a year of Cs

5min
pages 34-35

Ever-increasing value of privacy

3min
page 32

Getting the job done — a hybrid style

5min
pages 30-31

A record year for dairy reinforces confidence in the sector

4min
pages 28-29

Ensuring a positive home-buying experience for new kiwis

5min
pages 26-27

2022 — a year of recovery

5min
pages 24-25

Making homes inclusive for all

5min
pages 22-23

Could 3D printed homes fix our housing shortage?

5min
pages 20-21

The future is green — a sustainability mindset

5min
pages 18-19

Nelson and Tasman - Climbing the ladder of the south

4min
pages 16-17

Changes to the CCCFA

4min
pages 14-15

REINZ Real Estate magazine - Autumn 2022

3min
page 6

INDUSTRY

4min
pages 56-57
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