Can the Building Industry Reinvent the Single-Family Home?

Arieff wonders why home construction doesn't evolve like the technology industry does:

Single-family homes, she writes, "...continue to be built the same way they have for over a century, and usually not as well. Walls and windows are thin, materials cheap, design (and I use the term loosely) not well-considered."

She explains that the root of the problem lies in the the industry (and the lender)'s fear of change:

"...despite (in spite of?) dramatic slowdowns in residential construction, an anticipated surplus of thousands of homes, a market besieged by foreclosures and still-dropping home values. Even though there's increasing demand for more diverse housing - especially smaller, more energy-efficient homes and multifamily units in more walkable communities - too many homebuilders are inexplicably committed to the status quo."