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What is your take on the labor crunch on the maintenance and upgrade side of the market for homeownership, in addition to the COVID housing crunch?

Alexis Rivas

Co-founder & CEO at Cover

Maintenance is certainly part of owning any physical product, especially something as big and complex as a home. Our goal though, is from an engineering standpoint, to make it as easy as possible to maintain these homes. 

As an example, with conventional homes, if something goes wrong, or if you want to add new plumbing or new electrical fixtures, you'd have to break open your walls. That’s massive processing—you have to patch it up, drywall, sand it down and then paint it. With our homes, you can actually pop-off the ceiling or wall panels like you would, the body panel of a car. Then, you can access everything behind it and maintain it, easily. We're making it easier to maintain. 

Our business model isn't about maintaining these homes; it's selling them. There's no shortage of new homes to be built. We want to focus on building new homes and making the maintenance as easy and low cost for the homeowners as possible.