Richard Wexler

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Chinese Drywall, the Next Housing Crisis?

Jun 10, 2009By

The US housing market, still absorbing the full shock of massive defaults and foreclosures in the wake of contracting economic conditions, faces a new threat to stability: Chinese drywall. The building product ends up in frequent headlines these days as complaints about the product’s health and safety hazards circulate. Critics claim chemicals in the drywall lead to costly medical complications and expensive infrastructure problems in residential housing units.

3d rendering of a row of luxury townhouses along a street

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