Rediscovering Collaborative Consumption for Housing

Collaborative Consumption might sound to many like a new phenomenon, but it really isn't new at all. It is the way for instance that folks built their homes decades ago.

Back then, construction typically happened after the harvest season, when farmers are largely done with farm duties for the year and the premium on time has dropped;  some money has been realized from selling produce; and the weather is dry enough for construction work. Then depending on who is next on the queue - usually the guy who is taking a wife next; a group of farmers of the same age grade will then come together to contribute sweat equity towards building a house for one of their own. Then the next season, someone else's house got built. It was collaborative consumption in its crude form.

Today, collaborative consumption is a lot more sophisticated, and certainly no longer limited to the pooling of sweat equity. Just about any service or commodity is now being distributed on the collaborative consumption model. From car pooling to learning a language online. is built on this consumption model. It is essentially arching back to when people pooled sweat equity to build their homes, but tweaking it  to bring people together to develop small to medium sized housing schemes, primarily to lower unit cost by up to 40%. What is being consumed in this model is a range of opportunities, assets, and  project development services which would have ordinarily been priced out of the reach of the typical home buyer.

In essence, it is an age-long but intuitive and cost effective way to buy a home. 

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