A true bargain house: First prototype built from MIT`s effort to construct houses for $1,000 each

Home prices in many of the world’s most famous cities run to well over $1,000 per square foot. By contrast, MIT architects have produced a decidedly more affordable alternative: the first prototype from the Institute’s “1K House” project, an effort to see if low-cost homes for the poor can be constructed for $1,000, total.

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