The Subprime Monument
How ought we handle the unfinished? Might it lead to unexpected situations?
The Monument deals with the material consequences of the real estate housing bubble of 2008. Its burst, lead by an unstable economical model, left behind a bleak landscape of housing developments that illustrate the irrational expenditure of resources consumed through the production of these places.
As a way of publicly evidencing the failure of suburbia, the monument is brought to the city in front of the perpetrators of the actions that lead to the biggest economic crisis of modern history. It neglects its context and acts as an isolated object that clearly confronts those that surround it.
The Tower of Babel is taken as the general typological form; a direct reference to the greediest project ever conceived of. Its construction, through the piling of elements, creates a singular unity that addresses a major theme. It is composed of an architectural artefact of our everyday existence, the house; appropriating a form that is not authored. This fragment, that carries its own meaning, is diluted in the general image of the monument while being part of the rational organisation of the whole.
By stacking the ubiquitous form of the house the project is anchored to the common imaginary of society and simultaneously creates a semantic void through an excess of visual noise that constructs the unifying form of the monument.
The tower is organised by the layering of various 20th century American housing typologies that exemplify the social and economical structures of their time while evidencing the linear evolution of the house, constantly changing after every crisis. The balloon frame is taken as the epitome of the American housing construction, utilising its ephemeral aesthetic to address the fragility of an economical system that can not rely again in the unstable foundation of the housing market.