New drywall concerns bring up liability questions
Here is another blog about Chinese drywall:
Major news organizations are reporting on an emerging problem with Drywall/Sheetrock imported from China.
"While the study of 51 homes detected hydrogen sulfide and formaldehyde ... at concentrations below irritant levels, it is possible that the additive or synergistic effects of these and other compounds in the subject homes could cause irritant effects," the Consumer Product Safety Commission said in its executive summary of the study.
Two other preliminary studies found copper sulfide corrosion in metal components taken from homes containing the Chinese drywall.
The drywall in question was imported from 2005 through 2007, when a housing boom and two active hurricane seasons created a shortage of building materials in the southern United States.
http://www.cnn.com/2009/US/11/23/chinese.drywall/index.html?iref=werecommend
Other researchers said the sulfur-based gases coming from the drywall may exacerbate existing sinus issues and cause respiratory problems. The type of drywall at issue is made primarily from the naturally occurring mineral gypsum.
http://online.wsj.com/article/SB123993444645927999.html
Has anyone encountered this in your real estate business or home? I'm going to be watching this unfold over the next few months.
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