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The famous home rental company may build homes too.

When a company achieves a huge scale and needs further growth, they have to somehow find something else to do. Just as McDonald’s is also a super huge toy company, IKEA is super big with its restaurants too. Now we have another potential. AirBnB is already a familiar name to the world for home rental. Most of the time, happy users will tell of how much cheaper the daily rates are when compared to traditional hotel rooms. Now these users may even BUY AirBnB’s future produce. 🙂 AirBnB may now be building homes too. In brief, a DEVELOPER. Article from here. 

Airbnb introduced a new product on Thursday called “Backyard.” The idea is to provide people with prototypes of different styles of pre-fabricated homes. These buildings could be set up in people’s backyards or be freestanding houses, according to Fast Company. In their construction, these homes are meant to minimize waste and maximize eco-friendly building. AirBnB co-founder Joe Gebbia said in a statement, “With Backyard, we’re using the same lens through which Airbnb was envisioned — the potential of space — and applying it more broadly to architecture and construction.”  Gebbia also summarised why AirBnB is getting into this new venture. “In order to meet the demands of the future, whether it be climate displacement or rural-urban migration, the home needs to evolve.” He added, “For us, this goes beyond a business opportunity. It’s a social responsibility.” Article from here. 

I think pre-fabricated homes will be the future. It’s also known as Industrialised Building System (IBS). This is where super huge factories build the homes in blocks. Then, it’s transported over to the site and assembled. Construction will take much shorter time and costs are said to be much cheaper. As for the use of manual labour, it will actually be lesser too. Besides, the quality control can probably be better too since it’s now centralised. The construction site would have to supervise on the assembly instead and this is going to be much easier too. Let’s all await what Backyard by AirBnB will be showing the world in the near future. By the way, the target for AirBnB for this is actual homes. They did not mention anything about high-rise yet. Happy following.
written on 30 Nov 2018
Next suggested article: Malaysia’s AirBnB fastest growing in South East Asia.

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.


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