As Australia deals with a housing affordability crisis, new business models of home building production could be the solution.
The proposed models known as Servitisation and Prefabrication could help rethink the ways we construct and own homes.
Home ownership in Australia now lags behind many countries such as the United Kingdom and the United States.
To discuss these new business models, 4ZZZ’s Toni Pankaluic spoke with Kebir Jemal, PhD Candidate from the University of Melbourne. Kebir’s research focuses on how new business models like servitisation can be applied in commercial buildings. He now aims to brings this concept to housing and office spaces.
For a deep dive...
'A Prefabrication Industry Roadmap: 2023-2033' by Prefab AUS is an in-depth document outlining ways of implementing the Prefabrication model in Australia's construction and engineering sectors. Kebir recommends this paper, exploring the Servitisation approach (also know as product-service system) for housing. He has written an article on the topic, which can be viewed on Pursuit.
Image Credit: Ulises Palermo / Wikimedia Commons