Q: Here's a thesis that I would like you to evaluate:
BDI provides housing to energy sector workers.
BDI has been doing this for years, housing people.
We are currently in a residential housing crisis.
Do you think that BDI could profitably partner with federal, provincial and municipal governments to help solve our current residential housing crisis by tweaking its market focus?
What is holding the company back from addressing this obvious market failure (to provide housing)?
Thank you.
BDI provides housing to energy sector workers.
BDI has been doing this for years, housing people.
We are currently in a residential housing crisis.
Do you think that BDI could profitably partner with federal, provincial and municipal governments to help solve our current residential housing crisis by tweaking its market focus?
What is holding the company back from addressing this obvious market failure (to provide housing)?
Thank you.
5i Research Answer:
The main issue here is if people would accept living in a modular housing unit (which is essentially a portable, think at a school or on a construction site). While this idea has picked up steam in recent years targetted towards solving issues with the homeless community, the current residential housing crisis is impacting the middle class time and first time home buyers. We think that majority of those affected by the housing crisis would not adopt to modular living which is our issue with this thesis.