In the housing industry, for example, Buffett disclosed that output of modular homes has fallen in a decade from 382, 000 units to 60, 000 units.

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Prefabs and modular homes have been enjoying a kitschy, modernist revival for over a decade now, but even the companies that introduced sleek new prefab designs to the industry typically emphasized affordability.

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Mike's business makes modular homes.

ECONOMIST: Storms, inside and out