Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.

FintechReal Estate

Elon Musk’s Boring Company to sell LEGO-like bricks that can be used to build housing

Musk claims two people could build outer walls of a small house in two days

Elon Musk may be more famous for building electric cars (and solar roof panels) at Tesla or launching one of those electric cars into space with SpaceX, but his other company is about to come out with a product that could be used to easily and quickly build new housing.

Musk took to Twitter on Monday to announce that The Boring Company will soon sell “lifesize LEGO-like interlocking bricks” that can be used to build sculptures, buildings, or even houses.

“New Boring Company merch coming soon,” Musk tweeted. “Lifesize LEGO-like interlocking bricks made from tunneling rock that you can use to create sculptures & buildings. Rated for California seismic loads, so super strong, but bored in the middle, like an aircraft wing spar, so not heavy.”

The Boring Company is Musk’s other big project. The company is digging tunnels underneath major cities that will be eventually be used for new transit systems.

The company’s first tunnel is currently under construction in Hawthorne, California.

As for what to do with all that dirt that’s displaced by the tunneling process, The Boring Company’s website states that the company is “investigating technologies that will recycle the earth into useful bricks to be used to build structures.”

And it appears that these new construction bricks are being formed with the rocks and dirt that are left over.

Interestingly, Musk later tweeted that the bricks could be used to quickly build the beginnings of a new house.

“Yeah, the boring bricks are interlocking with a precise surface finish, so two people could build the outer walls of a small house in a day or so,” Musk said in response to a question about whether the bricks could be used to build affordable housing.

The Boring Company’s LEGO-like bricks are just the latest alternative to traditional housing construction that have come into vogue in the last few years, joining tiny houses and 3D-printed housing.

No word from Musk on when the new construction bricks will be available, but he did say that the first set will be “ancient Egypt.”

He also said that the bricks are “guaranteed to be Flamethrower-proof!” So that’s nice.

Most Popular Articles

The housing market is losing steam

Mortgage applications for new home purchases decreased 3% from May and 23.8% year over year, suggesting buyer fatigue in the housing market.

Jul 20, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please