GLG News Analyses of the following article:Public Housing Coming Down in New Orleans
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Published at: www.cbsnews.com
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Howard LiggettPresident and CEODistressed Real Estate Consulting Services, Inc. 
The Myths of Modular Housing
December 27, 2007
"Modular" used to be a dirty word in the building industry, bringing up images of hucksters touting crackerjack-box homes plopped down on a street corner or a vacant lot. Not any more and modular does not mean "mobile" as in double-wide trailer. What is more,modular homes typically cost 10 to 15 percent less than comparable stick-built homes.
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