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What makes housing so expensive? Labor costs, for one. According to a 2014 Census Bureau survey, the average single-family home takes about six months to construct, and that's a lot of man-hours. A new type of home from Austin, Texas-based startup ICON and the housing nonprofit New Story is hoping to change that. Their homes can be built from the ground up in 12 to 24 hours, and they cost builders just $10,000 to construct, The Verge reports.
ICON's construction method uses the Vulcan 3D printer. With concrete as the building material, the printer pipes out a structure complete with a living room, bedroom, bathroom, and porch that covers 600 to 800 square feet. That's a little less than the size of the average New York apartment and significantly larger than a typical tiny home.