The Incredible Costs of Rebuilding

That technology is 3-D printing.

And this technology may suddenly become mainstream because of the incredible damage to housing that Hurricanes Harvey, Irma and Maria have done in 2017.

Harvey is estimated to have completely destroyed 12,700 homes.

Irma is estimated to have destroyed 25% of all homes in the Florida Keys.

Maria is estimated to have caused damage worth as much as $30 billion across the Caribbean.

Dominica, an island that I've been to go hiking and canyoning, experienced a near 100% loss of houses and buildings. It's unlikely that Dominica can afford to reconstruct itself using the old-fashioned, traditional way of building houses and buildings. It would cost too much money, and it would take too long.

However, Cazza, a 3-D printing company, could have a solution.

Using Cazza's X1 robot, 3-D printed buildings like houses, villas, shelters, warehouses and commercial buildings can go up in as little as one week.

Cazza believes that using its 3-D printing technology will save as much 40% on the old, traditional ways of building.

That's a $20,000 savings on a house that costs $50,000 to put up. And remember, the 3-D printed model gets you your house in a week instead of months or years.

The current estimate for the still-incomplete hurricane season is already as much as $340 billion.

If you assume that 30% of this damage is destroyed homes and buildings, implementing 3-D printing technology like the Cazza X1 to rebuild will save as much as $40.8 billion. That's a big deal.

This is why I'm watching the 3-D printing technology used on homes and buildings carefully. Because, in time, the techniques used to rebuild from disasters are also going to be used to make regular homes less expensive too. And the company that makes the 3-D printing technology is going to have a stock that soars for years.

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