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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MoneyPenny who wrote (176703)1/13/2009 10:48:23 AM
From: SnowshoeRead Replies (2) of 306849
 
>>Huge problems with Chinese drywall and health.<<

Never heard of that before, but I see it's covered in today's WSJ...

Chinese Drywall Cited in Building Woes Article
By MICHAEL CORKERY
REAL ESTATE JANUARY 12, 2009

Some home builders already struggling in Florida's dismal housing market are facing another headache: The Chinese-made drywall they used is causing unpleasant odors and possibly leading to electric problems in dozens of homes constructed during the housing boom.

A handful of builders and environmental consultants are investigating whether the drywall, a wide flat board used to create interior walls, is emitting sulfur-based gases that may be corroding air-conditioner coils, computer wiring and metal picture frames.

more: online.wsj.com
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