Meeting demand for housing by building timber frame homes — February 25, 2012
The housing market is one of the areas that the government is always very keen to encourage with incentives and new ideas. At the moment, the housing market is not enjoying the best of fortunes because it is affected by economic activity. When the economy struggles the housing market also struggles because mortgage lenders are less willing to lend and buyers are not able to invest their money in property without help.
Moreover, house builders are actually less inclined to embark upon large development projects if they are uncertain about the future from an economic perspective. It is hard to get a project under way when you cannot be sure that conditions will remain favourable so that you can finish it and get it up and running.
It helps that more house builders have recently starting upping their games in terms of building timber frame houses. Timber frame homes are very quick to build and this helps to solve some of the financial issues that come from going ahead with developments during a period of economic uncertainty. The demand is there, so it is good that developers are prepared to meet it in this way.