Cracks in the stucco. Cracks in the foundation. Homeowners simply cracking up. The Wall Street Journal says a higher percentage of homes with construction defects are a legacy of the housing boom. When over 2 million homes were being built at the peak in 2006, there was a nationwide shortage of skilled labor and quality materials. Compounding matters today, "owners of defective properties say they’re finding it even harder to get repairs now because of rising builder bankruptcies." (Slide show)
Wednesday, July 1, 2009
Crack House
Cracks in the stucco. Cracks in the foundation. Homeowners simply cracking up. The Wall Street Journal says a higher percentage of homes with construction defects are a legacy of the housing boom. When over 2 million homes were being built at the peak in 2006, there was a nationwide shortage of skilled labor and quality materials. Compounding matters today, "owners of defective properties say they’re finding it even harder to get repairs now because of rising builder bankruptcies." (Slide show)
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