Tuesday, April 14, 2009

Chinese Drywall: A Health (and Economic) Disaster

A few weeks ago I commented here about the horror stories associated with Chinese drywall (American Home Owners Are "Soured" on Chinese Drywall, March 23).

Well, the problem looks really bad at first glance.

At second glance...it looks even worse.

Michael Foreman, who owns a construction consulting firm," warns of a 'sleeping beast' in the thousands of bank-owned condos and houses across the country, with no one in them to complain. Outside the South, it's harder to pinpoint the number of affected homes. And in drier climates such as California and Nevada, it may be years before homeowners begin to see — and smell — what may be lurking inside their walls."