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Austin company looks to change housing market with 3-D printed homes

Crews in Austin, Texas believe they have found a way to drastically reduce the cost and time it takes to build a home, as long as they can prove it is safe. (Image/video courtesy: CBS News/Newspath)

Crews in Austin, Texas believe they have found a way to drastically reduce the cost and time it takes to build a home, as long as they can prove it is safe.

Icon, a building company in Austin, is using a one-ton 3-D printer to create enough concrete for a two-bedroom, one-bathroom, single-family home. The printer can currently make a home in less than two days.

Icon will use the structure as an office for the next few years while a third-party company tests the long-term durability of the structure.

A nonprofit called New Story said it hopes to bring this technology to poor communities in El Salvador by the end of next year, but limitations to the structure mean it could take years for this technology to be widely available.

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