Supplying Homeless with Homes

This article talks about  a new idea to create small homes inside of billboards. Thinking back to the idea of scarcity, we can see that housing is certainly a scarce resource. There are huge numbers of people living without homes, and this pushes the demand for housing way up. The demand for low cost housing has risen tremendously, especially in the case of homeless people. Because of that, someone has decided to enter the market, and take advantage of the increase in demand. Michal Polacek started designing a way to change billboards into low cost housing in Art school and the idea has since taken off.

 

Article: http://money.cnn.com/2014/10/31/smallbusiness/billboards-for-homeless/index.html?iid=SF_E_Lead

 

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